2023-04-30-accounts

Trustees’ Annual Report for the period

From 23/04/2022 To 30/03/2023

Charity name: Men in Sheds Barton

Charity registration number: 1194210

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote social inclusion, by relieving the needs of those who are socially excluded through the provision of facilities where they can meet to undertake creative activities.
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	The facility was only opened in February 2023, due to the difficulty in finding suitable premises. Since opening it has been recruiting members and equipping the workshop. The activities have been limited as a result, however it will be active from April 2023.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Charity is working in collaboration with Humber and Wolds Rural Action (HWRA), and the Humberside Alliance of Men in Sheds to ensure we are aware of, and follow, the guidance of the Charity Commission.

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

	SORP reference
Policy on grant making	Para 1.38	There is no formal policy on grant making. We are aware of potential grant opportunities through community links, in particular by HWRA and Barton Town Council who are very supportive of our charity.
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

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	During this period, the Charity has concentrated on finding suitable premises and establishing a location where it can deliver its services. A building has been secured and for the last two months of the period, the trustees have been clearing it out and making it fit for our purpose. Donations obtained by the charity have begun to be utilised to equip the workshop and recruitment has begun. Early recruits includes target clients, particularly those who are socially isolated and they have been actively involved in our workshop conversion.

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

Achievements against objectives set	Para 1.41	 The shed now has a physical location.  Funding and donations have allowed the shed to be set up so that activities can be delivered.  The shed now has a base of members which is being built on.
Performance of fundraising activities against objectives set	Para 1.41	Trustees were successful on developing the relationship with Tescos. £3,415 of restricted funding has been raised to purchase additional workshop machinery. Through NWRA, the shed was able to join an NHS initiative to share the use of the NHS App with members and the community, generating £2500 which was unrestricted. Trustees raised over £500 at a sales event. Trustees continue to approach other organisations and charities for funding opportunities.
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Charity has a positive balance at the end of the period and is in a healthy financial position to move forward and deliver our objectives.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The reserves held by the charity are largely due to being in the early stages of our establishment. The restricted funding for purchase of equipment was dependent on having suitable premises. As there was no membership income during this period, the charity also needed reserves to ensure money was available for running costs.
Amount of reserves held	Para 1.22	£2899.22
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	We are at the early stages of recruiting members and may need to revisit membership fees to ensure that this income meets running costs.

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	The Charity has raised funding from the Tescos and the NHS. It has also been supported by NWRA who obtained funding via the Lottery fund. One fund-raising event was attended during the period.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	No immediate financial risks. Funding has been secured to enable the charity to run for its first year, regardless of membership or any additional monies being raised. Premises costs include heating and may be subject to change.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	The charity governing document is a Foundation Model Constitution.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	The charity is a Charitable Incorporated Organisation.
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	With the exception of the first charity trustees, every trustee must be appointed for a period of three years by a resolution passed by a properly convened meeting of the charities trustees.

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	One new trustee has been added to the board of Trustees. He will take on the role of Treasurer and HWRA are initiating training to support him in his role.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The charity is being guided by the HWRA group and belongs to the Humberside Men in Sheds Alliance.
Relationship with any related parties	Para 1.51	No relationships have impacted on the activities of the charity.
Other

Reference and Administrative details

Charity name	Men in Sheds Barton
Other name the charity uses
Registered charity number	1194210
Charity’s principal address	The Hub, Maltby Lane Barton upon Humber DN18 5PY

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	GaryDelves	Chair
	Peter Kipling
	John Farrow
	Richard Summerfield	Treasurer
	Brian Wald

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

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Oèclarations The trust0•5 d•clgr• thttwy hv• •pprOV￿ the trugto•8' r•portabov•. Slgn•d on ￿hall01 th• tharlty's trust• Slgnaturfsl Full nam•¢$l PosilloD1gg So¢retsry, Chalr, •t¢l fflosTEC ?? loil *Lt

Men in Sheds Barton 1194210 Recei ts and ments accounts CC16a Forth• pl￿0d To 0110412022 3110312023 Section A Receipts and payments Unrestricted lunds Restricted Jnds Totsl fJnd$

the r•rng1£ '.R•c•i 'MofTer5hi .'Donalion$ .'Granl$ '.S8les l event Incon .'Intere '.(Aher ."Sub total{Gr05s Incomo forAR) 2.5(M).CrfJ 530.00 3.415 31 0.00 5,915.31 530.00 1000 3 426.31 10.00 .'AsS•tand invgstm•nt .Sale of 3sse15 '.Sale ol InveslDW '.Sub lotal .0.),. ..Total r•rnipts 31 ments '.Shed prÈmses costs .Insurance ..Matsrkw￿ & consu￿bleS .Snwll look1<£251 .RepaifS and renth% '.RefreSn￿nIs & clfaning AdmnlOffj¢8 costs .Subs¢riptions 1.430.CI) 408.89 1.652.32 408.89 292.90 226.74 226.74 0.00 30.00 54.31 0.00 44.31 1DOO '.0.00 '.Sub total 9.01 .'Ass•t and investment urchas05 ,.Hand and power Tool$1>£251 .Wothshop nmcaines ..Sub lotal 305.97 720.00 15999 132923 465.96 'Totsl poy71Y4nt$ ."Net of r8CePtsl{pa￿￿nts> .TransfrI5 bet￿en funds ,'Cash funds J•$t y••r *nd '.Cash funds thi$ yearend 57 12.2 0.00 1 687.00 1.687.00

Section B Statement of assets and liabilities at the end of the period Unrestricted Re5tii¢td Tolal Current fvnds fuAds P•riod Lo31 )ar trj the .'Ca3h fund$ .'Cutrenl account S8¥in S 8CCOUTht cash ."Totsl cash fund8 2,809.52 0.00 32.50 5720 2,866.72 32.50 57 "Other monets stock$1 ood5 for sa .'Debtor5 0.00 'Inv•stsnent as¥ets 0.00 0.00 '.Asgets r•tsined forth• Shed's own use .Buiklin e iten￿ of rnachne ..Power loo ..Hand too ..Other assets 2.560 (KI 140.¢Y) 2,560.1)0 140.0 Liabiliil .Trade credrtors ',AccTued ex nses 0.00 0.00 Date ol approval '"SfvJtJ tru•tsoB on behair ".of ¥# thetrust• Name