## **Trustees’ Annual Report for the period** ## **From: 01 April 23 To: 31 March 2024** ## **Charity name: Telford Makerspace** ## **Charity registration number: 1191698** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are (1) to promote for the
benefit of the inhabitants of Telford and Wrekin
and the surrounding area the provision of
facilities for recreation or other leisure time
occupation of individuals who have need of such
facilities by reason of their youth, age, infirmity or
disablement, financial hardship or social and
economic circumstances or for the public at large
in the interests of social welfare and with the
object of improving the condition of life of the said
inhabitants.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|To improve the lives of the local community by
providing a place to meet others in a friendly and
supportive space, learn new skills, help members
and others with projects.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All the Telford Makerspace trustees are aware of
the guidance on the Charity Commission's public
benefit guidance| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| ||SORP reference|| |Policy on grant making|Para 1.38|The charity does not make any grants or make
social or programme-related investments.| |Policy on social investment
including program related
investment|Para 1.38|See above| |Contribution made by
volunteers|Para 1.38|The volunteers have helped the Makerspace with
decorating and renovating the building we were
in and helping run the space. They have also
donated equipment. They have also aided the
Trustees in the running of the charity| |Other||NA| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Fund raising for children in hospital over
Christmas, with a visit from IronSanta to give
presents and provide a distraction over the
holiday period
Other then this no other activities due to having
to leave physical location, currently makerspace
put into hibernation in storage container till new
venue found, trustees will look for a new space,
all membership payments frozen till reopening.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|Find new venue and reopen| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|None till makerspace re-opened| |Investment performance
against objectives|Para 1.41|NA| |Other||NA| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity’s annual accounts for 2023/24 report
the financial position of the charity at the end of
the period,The accounts are available from the
Charity Commission website.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held as we currently have all of
items in storage and are having to pay a monthly
fee for this| |Amount of reserves held|Para 1.22|£3,874| |Reasons for holding zero
reserves|Para 1.22|NA| |Details of fund materially in
deficit|Para 1.24|**The Charity has no funds which are**
**materially in deficit.**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity relies on the factors below
where if falls below stated threshold will
cause for the charity
to close.
Members as the purpose of the
charity is to create an environment
for inclusion, thus without a
paying member group of 7 no
main financial income and will fall
short of outgoings.
No grants or donation, in where
subsidising fees to allow persons
of limited finance to participate.
Not having an open usable
premises for longer than 2 years,
as will affect membership
numbers.
Without premises storage of
current equipment is needed
linked to funds.
Fund, if any unforeseen outgoing
cost, or lake of income should
arise in where the threshold is
below £500 in accessible fund,
shut down procedures will take
place and remaining funds used to
close of charity.| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|None at the moment| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|No current investment made of financial
nature.| |A description of the principal
risks facing the charity|Para 1.46|Issues with the landlord not repairing the
building caused problems with one of our
main rooms not to be useable, impacting
the range of services we could offer.
Trustees struggling with being able to
provide time and energy due to work
commitments, personal circumstances
and mental health problems| |Other||NA| Structure, Governance and Management |Description of charity’s trusts:||NA| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**No new trustees were added during this**
**period.**
**Selection of new Trustees to be added, is**
**subject to discussion between existing**
**trustees and a vote being taken to**
**approve the election of the individual**| **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**NA**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**CIO. No wider networks.**| |Relationship with any related
parties|Para 1.51|**NA**| |Other||**NA**| |**Reference and Administrative details**||| |Charity name|Telford Makerspace|| |Other name the charity uses|NA|| |Registered charity number|1191698|| |Charity’s principal address|1 New Houses, Edgebolton SY4 4EN|| |||| **Names of the charity trustees who manage the charity** |1
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3
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Glyn Davies|Acting Chair and
Secretary||| ||Paul Jenkinson|IT and Technical||| ||Adam Willoughby|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name NA** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**NA**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets NA held in this capacity Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NA safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |**NA**|NA|NA| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **NA** ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Adam Willoughby|| ||
Treasurer|| ||02/09/2025|| ||02/09/2025|| **Telford MakerSpace 1191698 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01/04/2023 31/03/2025 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**899**
**848**
**16**
**200**
**-**
**-**
**-**
**-**
**1,963**
**-**
**-**
**-**
**1,963**
**1,272**
**1,416**
**200**
**45**
**-**
**-**
**-**
**-**
**-**
**2,933**
**-**
**-**
**-**
**2,933**
**- 970**
**-**
**-**
**- 970**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**200**
**-**
**-**
**-**
**-**
**200**
**-**
**-**
**-**
**200**
**-**
**-**
**200**
**-**
**-**
**-**
**-**
**-**
**-**
**200**
**-**
**-**
**-**
**200**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**899**
**848**
**16**
**400**
**-**
**-**
**-**
**-**
**2,163**
**-**
**-**
**-**
**2,163**
**1,272**
**1,416**
**400**
**45**
**-**
**-**
**-**
**-**
**-**
**3,133**
**-**
**-**
**-**
**3,133**
**- 970**|**Total funds**
**to the nearest £**
**899**
**848**
**16**
**400**
**-**
**-**
**-**
**-**
**2,163**
**-**
**-**
**-**
**2,163**
**1,272**
**1,416**
**400**
**45**
**-**
**-**
**-**
**-**
**-**
**3,133**
**-**
**-**
**-**
**3,133**
**- 970**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Membership|**899**|||||**-**| |Sales|**848**|||||**-**| |Collecton box|**16**|||||**-**| |Christmas Fundraiser|**200**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**1,963**|||||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**-**| |||||||| |Bills|**1,272**|||||**-**| |Reimberment Storage|**1,416**|||||**-**| |Christmas Fundraiser|**200**|||||**-**| |Reimberment|**45**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**2,933**|||||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**-**| |||||||| ||**- 970**|**-**|**-**|**- 970**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**- 970**|**-**|**-**|**- 970**||**-**| CCXX R1 accounts (SS) 04/09/2025 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Bank
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**3,874**
**-**
**-**
**-**
**-**
**-**
**3,874**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Adam Willoughby|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Adam Willoughby|04/09/2025| ||||| CCXX R2 accounts (SS) 04/09/2025 2