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2025-03-31-accounts

Dereham Men’s Shed 62A Norwich Street Dereham Norfolk NR19 1AD

Report of the trustees for the year ending 31 March 2025

The Governors of Dereham Men’s Shed Charity present their annual report and audited accounts for the year ended 31 March 2025 and confirm they comply with the requirements of the Charities Act 2011.

Our Aims

Our Shed is a member of the UK Men Shed Association. The UKMSA provides advice and support to help us run a successful Shed.

We aim to support men within the town of Dereham and its surrounding villages in Norfolk by providing a welcoming environment within our Shed for members to come together, relax, and make friends. Our Shed offers time to sit and chat as well as participate in practical activities within our small workshop, for the benefit of themselves and/or the local community.

Objectives and Activities

The objectives of Dereham Men’s Shed (DMS) are to promote social inclusion for the public benefit by engaging adult males aged 18 and over within the Dereham area who may be at risk of social isolation and to relieve the needs of those who are socially excluded by assisting them to integrate in society through the provision of facilities where they can meet to undertake, jointly or individually for

Further opportunities are undertaken to work in partnership with local groups and organisations to support our community.

DMS is managed by the Trustees. Any member of DMS can volunteer to become a Trustee and their appointment is formalised and approved during a general meeting of the membership.

The DMS Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Page 1

Trustee’s Annual Report 2025

Achievements and Performance

Our Shed has both a communal area and a separate small workshop. This enables the creativity of individuals who are more practically minded, and allows others to enjoy the camaraderie of others in a relaxed atmosphere.

The workshop has continued to expand through the acquisition of an increasing range of power tools along with the procurement of infrastructure items to assist keeping the workshop as a safe environment in which to work.

Socially members continue to meet on a regular basis. There is a weekly meeting where members talk over some refreshments while providing support to each other, discuss any topic that might be brought up, and welcome the occasional organised presentation.

Those members who are more practically minded there are 3 weekly workshop sessions which continue to be well supported. Within the workshop members can make artefacts, using recycled materials were possible, to sell at fetes throughout the year to help our bank balance, and also make and repair items as requested from members of the local community.

Support to the local community this year included

Financial Review

Funds held 31/03/2025

Bank account
£5893
Petty cash
£0
Income - Receipts
Membershipfees
£830
Donations
£935
Grants
£0
Sales/eventsincome
£1345
Membersrefreshments
£425
Other
£0
Sub total
£3535
Bank account
£5893
Petty cash
£0
Income - Receipts
Membershipfees
£830
Donations
£935
Grants
£0
Sales/eventsincome
£1345
Membersrefreshments
£425
Other
£0
Sub total
£3535
Membershipfees £830
Donations £935
Grants £0
Sales/eventsincome £1345
Membersrefreshments £425
Other £0
Sub total £3535

Page 2

Trustee’s Annual Report 2025

Income – Sale of Assets

Income – Sale of Assets
Sale ofassets £0
Sale of investments £0
**Sub total ** £0

----- Start of picture text -----
INCOME TOTAL £3535
----- End of picture text -----

Expenditure – Payments

Shed premises costs £531
Insurance £157
Materials and consumables £492
Admin/office costs £20
Subscriptions £42
Sundry expenditure £1195
**Sub total ** **£2437 **

Expenditure – Asset and Investments

Expenditure – Asset and Investments
Hand andPower Tools (>£25) £0
Workshopmachines £455
**Sub total ** £455

EXPENDITURE TOTAL £2892

DMS does not have any debts.

An independent audit has been undertaken of our financial accounts and the auditor’s report has been accepted at a committee meeting.

The Trustees believe that they have complied with the objectives of being a charity as stated. We aim to ensure that the wider community benefit from the Shed’s activities, and in addition there are personal benefits that the shed members enjoy.

Financial Operating Model:

Our primary income stream is derived from donations we receive from artefacts made in the workshop and sold at local events particularly spring and summer outdoor fetes as well as during Christmas events. Further revenue streams are from our member’s regular attendance at the weekly social, meet and chat sessions, as well as the 3 weekly sessions when our workshop is open. Our workshop provides the opportunity for members to engage in more practical activities, so ensuring we have a reasonably balanced income funding model.

Page 3

Trustee’s Annual Report 2025

Our expenditure is kept to a minimum where the largest expenditure continues to focus on the workshop. Social activities outside the immediate Shed and its workshop are an area where we could as an organisation; improve the attraction of becoming a member, through the scheduling of more regular events outside the immediate Shed environment.

Our bank balance also benefits from the agreement we have with our landlord, Dereham Theatre Company. The DTCo committee provide us with accommodation space for our Shed, for which we pay a peppercorn rent, and in return our workshop members offer support and assistance with the building of sets and other production artefacts required for their regular theatrical productions. While our agreement with DTCo does not specify we pay for services used, we recognise the increase in use of our workshop, particularly in the winter time, increases their electricity costs and therefore we make a voluntary contribution in recognition of their support.

Reserves Policy

As required by the Charity Commission, our committee have agreed we allocate £1000 as our financial reserve fund. Our operating costs are relatively small; we have very limited overheads, and no paid staff members.

Structure, Governance and Management

DMS is a Charitable Incorporated Organisation (CIO).

The CIO is governed by a constitution, with charity trustees being elected by members during a General Meeting.

The Trustees are responsible for the governance of the charity and direct how it is managed and run.

Administration Information

Charityname Dereham Men’s Shed
Registered charitynumber 1192142
Charity address Dereham Men’s Shed
62A Norwich Street
Dereham
Norfolk
NR19 1AD

Page 4

Trustee’s Annual Report 2025

Name of the Trustees

Trustee Name Office Duration inOffice Appointed by
JohnCollins Chair Whole period Member’sAGM
IanGrixti TreasurertoMay24 ToMay24 Member’sAGM
KevinGreen Secretary Whole period Member’sAGM
ChrisLambert Treasurer from May24 Whole period Member’sAGM
SteveWatts Whole period Member’sAGM
HowardMartin Whole period Member’sAGM
WallaceMurray From 25 July24 Member’sAGM

Declarations

The Trustees declare that they have approved the trustees’ report above.

Trustee Name Signature Date
John Collins
Kevin Green

Page 5

Trustee’s Annual Report 2025

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