2025-10-31-accounts - The Minehead Shed

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Charity Name The Minehead Shed	No (if any) 1191742

Receipts and payments accounts

CC16a

For the period from	11/1/2024	To	10/31/2025

Section A Receipts and payments

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts Grants - Donations 791 Membership 4,884 Sales 610 - 6,285 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR)		to the nearest £ 3,700 - - - - - - - 3,700 Restricted funds	to the nearest £ - - - - - - - - - Endowment funds	Total funds to the nearest £ 3,700 791 4,884 610 - - - - 9,985	Last year to the nearest £
Grants	-	3,700	-	3,700	948
Donations	791	-	-	791	1,487
Membership	4,884	-	-	4,884	2,257
Sales	610	-	-	610	1,506
		-	-	-	-
	-	-	-	-	-
		-	-	-	-
		-	-	-	-
*Sub total*(Gross income for AR)	6,285	3,700	-	9,985	6,198
- - Sub total - Total receipts 6,285 A2 Asset and investment sales, (see table).		- - - 3,700	- - - -	- - - 9,985

					-
					-

		3,700	-	9,985	6,198

A2 Asset and investment sales,
(see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

**Total receipts **	6,285	3,700	-	9,985	6,198

- - - - 2,829 - - - - 2,829 - - - 2,829 871 - - 871	- - - - - - - - - - - - - - - - - -	432 3,190 - - 2,829 450 - 277 - 7,178 - - - 7,178 2,807 - 3,950 6,757
			374
			4,130
			-
			30
			2,790
			306
			49
			55
			87
			7,821



			-

			7,821

871	-	2,807	- 1,623
-	-	-	-
-	-	3,950	-
871	-	6,757	- 1,623

CCXX R1 accounts (SS)

04/15/2026

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use	Details Cash at bank (Natwest a/c) Cash in hand Details Details Details Furniture equipment & Tools Details *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 5,886 5,886 OK to nearest £ - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	to nearest £ 871 - - 871 OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional)	to nearest £ Endowment funds
				-
				-
				-
				-
				OK
				to nearest £ Endowment funds
				-
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				Current value (optional)
				5,000
				-
				-
				-
				-
				-
				-
				-
				-
				When due (optional)
			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees

Signature

Print Name

Date of ~~approval~~

D Human B Maynard-Smith

CCXX R2 accounts (SS)

04/15/2026

Trustees’ Annual Report for the period

From 1/11/2024 Period start date To 31/10/2025 Period end date

Charity name: The Minehead Shed

Charity registration number: 1191742

Objectives and Activities


Summary of the purposes of the charity as set out in its governing document	To promote social inclusion for the public beneft by preventng people partcularly but not exclusively older men, within West Somerset and the surrounding area, from becoming socially excluded, relieving the needs of those people who are socially excluded and assistng them to integrate into society through the provision of facilites in which they can meet jointly or individually to undertake creatve, physical or recreatonal actvites, learn or pass on skills and knowledge and support each other socially. For the purpose of this clause 'socially excluded' means being excluded from society, or parts of society, as a result of one of more of the following factors: unemployment; fnancial hardship; youth or old age; ill health (physical or mental).
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.	These are the main areas of public beneft arising from the Shed: • To share skills and interests, swap ideas and pass on knowledge. • Actvely pursue hobbies and pastmes • Work on projects that will aid the community and help develop a positve sense of achievement. • Have a safe place to go and relax, drink tea or cofee, discuss issues, share concerns, talk and have a laugh, knowing they are among friends. • Use the machine tools and other equipment in the Shed to undertake more challenging projects. • Meet with visitors to and users of the Shed. • Encourage others and promote general physical and mental well-being.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	All Minehead Shed Trustees have read the Commission’s public beneft guidance and have regard to it when making decisions and exercising any powers or dutes to which the guidance is relevant.

Additional information (optional) You may choose to include further statements where relevant about:


Policy on grant making	The Charity does not make grants
Policy on social investment including program related investment	Social investment programmes will, at their heart, support would be users who cannot aford the cost of access to the benefts of the charity. Additonally social enterprises or charites will be supported in acquiring resources within the Shed’s scope.
Contribution made by volunteers	All volunteers play a part in developing the charity by managing actvites, supportng other members, taking part in community support and growing their own confdence in contributng to shed’s actvity and the wider community
Other

Achievements and Performance


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.	Actvites on the frst partton brought further support successes and a second partton was commissioned in late summer to provide a triple space environment whereby separate machinery and hand working areas along with a distnct social area, fully accessible and screened from noise and dust could be created. The designs maintain visibility of all actvites throughout the Shed enabling members and visitors to socialise and be part of the actvites whilst maintaining Health and Safety. Members reported the result enhanced the open, inclusive and safe environment we strive to provide. Shed membership has grown during the year, although not as fast as we were hoping. However, contnuing eforts in the wider community had raised awareness of the Shed and brought growing interest in the later part of the year. We noted an increasing trend of repair and renovaton requests from our local community which indicated word was getng around. This trend has provided growth both in monetary and equipment donatons. The Shed also atended a number of craf fairs and events during the year, primarily to demonstrate and promote the Shed’s actvites and the wider benefts of shedding. Several community commissions were completed including a partnership actvity to produce raised garden beds for the Minehead Methodist Church Community Garden project. Our AGM in April ’25 provided the opportunity to grow our Trustee capacity whereby three new Trustees with disparate skills were appointed to contribute to our growth and sustainability plans. The three sessions each week have become well established,and

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.

Actvites on the frst partton brought further support successes
and a second partton was commissioned in late summer to
provide a triple space environment whereby separate machinery
and hand working areas along with a distnct social area, fully
accessible and screened from noise and dust could be created.
The designs maintain visibility of all actvites throughout the Shed
enabling members and visitors to socialise and be part of the
actvites whilst maintaining Health and Safety. Members reported
the result enhanced the open, inclusive and safe environment we
strive to provide.
Shed membership has grown during the year, although not as fast
as we were hoping. However, contnuing eforts in the wider
community had raised awareness of the Shed and brought
growing interest in the later part of the year.
We noted an increasing trend of repair and renovaton requests
from our local community which indicated word was getng
around. This trend has provided growth both in monetary and
equipment donatons. The Shed also atended a number of craf
fairs and events during the year, primarily to demonstrate and
promote the Shed’s actvites and the wider benefts of shedding.
Several community commissions were completed including a
partnership actvity to produce raised garden beds for the
Minehead Methodist Church Community Garden project.
Our AGM in April ’25 provided the opportunity to grow our
Trustee capacity whereby three new Trustees with disparate skills
were appointed to contribute to our growth and sustainability
plans.
The three sessions each week have become well established,and

members are assessing the potential of opening more sessions with a wider provision offer. The project is in the planning phase, but interest was most encouraging. We have commenced the training of additional Sesson Supervisors to cover this growth. There was still more work to do to establish the Shed and its sustainability in our community, it was reported but work throughout the year has clarified the direction we need to take and the priorities we need to apply. These now form the core of the Shed’s strategy going forward. Our expectation of being in a cashflow positive situation without the need for external operational funding input during year ‘24/’25 was achieved. Our unrestricted income (excluding grants etc) was approximately £1300 in excess of operational costs. Lease costs were subject to retrospective inflationary increases (known by Trustees but delayed by landlord’s restructuring). Agreement was negotiated to pay this additional cost over the current year (‘25/’26).

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Making the shed environment healthier – achieved by provision of well-designed noise and dust parttons with additonal dust fltraton and extracton systems.
Performance of fundraising activities against objectives set	Increase donaton levels – achieved by use of promotonal events to raise funds by way of shed produced items and repair of equipment
Investment performance against objectives
Other

Financial Review

Review of the charity’s
financial position at the end
of the period

Our expectaton of being in a cashfow positve situaton without
the need for external operatonal funding input during year
‘24/’25 was achieved. Our unrestricted income (excluding grants
etc) was approximately £1300 in excess of operatonal costs.
Lease costs were subject to retrospectve infatonary increases
(known by Trustees but delayed by landlord’s restructuring),
agreement was reached to pay this additonal cost over the year.
Incomefor the year was £9985 being £3700 in grants and £6285
from shed sessions, membership fees, donatons and commissions
from supporters of the shed.
Expensesfor the year were £7178 relatng to our fnal project,
some second fx elements, renovatng machinery, another
signifcant increase in insurance costs and fnal work in providing
materials and consumables to enable actvites to contnue. They
are itemised as
Constructon
£2829

	Rent and utlites £3190 Insurance £432 Costs of material, consumables, tools £727 Whilst maintaining a close eye on income and the fnal spend down of capital (restricted) funding it was noted that a positve cashfow occurred and the Shed was generatng a small but growing cash surplus to eventually support growth. A bank balance of £6757 (with no outstanding creditors) was carried forward into the next fnancial year, of which approx. £870 was restricted funds forproject work.
Statement explaining the policy for holding reserves stating why they are held	The shed’s situaton is sensitve to economic pressures but gives the confdence to suggest an accessible reserve of approx. £2k if necessary, would be more than adequate to support Shed contnuity.
Amount of reserves held
Reasons for holding zero reserves	Our transiton to an earned revenue/subscripton - based charity contnues - unrestricted funding stood in excess of £5k at year end, sufcient to maintain stability and further develop resilience during ‘25/’26. As our cashfow increases we feel assessing this as a more direct indicator of Shed sustainability. The Shed will contnue bidding for funds to grow capacity, enhance provision and sustainability.
Details of fund materially in deficit	None
Explanation of any uncertainties about the charity continuing as a going concern	NA

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Membership, donatons and session fees Local builders’ merchants and sponsors (discounts and materials) Commissions from local groups Community donatons by way of repairs Promotonal actvites Funding bids for specifcs
Investment policy and objectives including any social investment policy adopted	The expenditure on provision of a safe, social, meetng and workspace has brought greater confdence and inclusion to members and their immediate community. Other groups have benefted from being able to access the capacity to drive forward their own initatves.
A description of the principal risks facing the charity
Other

Structure, Governance and Management

Structure, Governance	and Management
Description of charity’s trusts:	None
Type of governing document (trust deed, royal charter)	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	CIO in Association model
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	Appointed by Trustees or Membership at AGM in accordance with consttutonal requirements

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees The charity’s organisational structure and any wider network with which the charity works Relationship with any related parties Other

Reference and Administrative details

Charity name	The Minehead Shed
Other name the charity uses	TMS
Registered charity number	1191742
Charity’s principal address	The Minehead Shed The Alcombe Centre Stephenson Road Minehead Somerset TA24 5EB

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Doug Human	Chairman
Bernard Maynard- Smith	Secretary
Michael James Lee
Ann Lowe		23rdApril 2025

5 6	Rainer Dolz		23rdApril 2025
	Helen Granter		23rdApril 2025

– Corporate trustees names of the directors at the date the report was approved

Director name None

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year None

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser NA

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

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)

Bernard Maynard-Smith

Position (eg Secretary, Chair, etc)

Date

Secretary and Trustee

15[th] April 2026