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2025-12-31-accounts

Men’s Shed Lichfield

A Charitable Incorporated Organisation

Trustees Annual Report FY2025

1. Reference and Administrative Information

1.1. Charity trustees:

The trustees who served during the year are:

Mr Peter John Hollis (Reappointed 20 March 2025) Mr Hugh Bradbury Sammons (Reappointed 21 March 2024) Mr Paul Anthony Golder (Reappointed 21 March 2024) Mr Brian Empsall (Appointed 21 March 2024)

There are no corporate trustees.

Principal office:

Men’s Shed Lichfield

2 Falcon Drive Whittington Lichfield WS14 9PF

1.2. Registered Charity Number:

1195026

1.3. Charity name:

Men’s Shed Lichfield (also known as MSL)

1.4. Independent Examiner:

Not required

1.5. Principal Bankers:

Lloyd Bank plc PO Box 1000 BX1 1LT

Men’s Shed Lichfield

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MSL

Registered Charity number 1195026

Men’s Shed Lichfield

Trustees Annual Report and Accounts for FY2025

2. Objectives and activities

2.1. Summary of the purposes of the charity

The objects of Men’s Shed Lichfield are defined in its constitution document as follows:

To promote social inclusion for the public benefit by preventing people, particularly but not exclusively men within Lichfield and the surrounding area, from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society through the provision of facilities in which they can meet jointly or individually to undertake creative, physical or recreational activities, learn or pass on skills and knowledge and support each other socially.

2.2.

Summary of the main activities of the charity

During the year under review, the charity has:

2.3.

Public Benefit

The Trustees confirm that they have referred to the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and have complied with their duties under the Charities Act 2011.

3. Achievements and Performance

The trustees recognise the level of attendance and particularly the regularity of attendance of members as a measure of the benefits members perceive from their involvement and hence measure of the positive social impact of MSL.

4. Financial Summary

4.1. Accounting Method

The charities financial year runs from 1 January to 31 December (inclusive)

The charity trustees have concluded that preparation of receipts and payments accounts is sufficient to meet the present needs of Men's Shed Lichfield because:-

Men’s Shed Lichfield

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MSL

Registered Charity number 1195026

Men’s Shed Lichfield

Trustees Annual Report and Accounts for FY2025

4.2. Charities Financial Position at period end

The charities income from member subscriptions and from attendance fees adequately cover the costs to which the charity is committed, specifically rent, insurance and consumables.

The charity trustees have been successful in obtaining grant funding to cover discretional costs, such costs only being committed to after securing funding. As a consequence of these grants the charity has been able to develop its workshops and extend the services and facilities provided for the benefit of users.

Holdings in cash and at bank at end of financial period

£0.00 in cash

£2,593.78 in current account (Lloyds bank)

£6,420.92 interest earning deposit account (Lloyds bank)

£9,014.70 total at 31-12-25

4.3. Reserves

The charity trustees are holding reserves for the following reasons:-

Restricted funding coming from grants awarded to fund specific projects and purchases that have not yet been implemented or paid for. Amount held:-

£2,310.41

A contingency amount to be expended if the current premises lease cannot be renewed causing the charity to incur storage and or relocation costs. Amount held:-

£2,200.00

4.4. Grants Received in financial period

Lichfield District Council £2,050

Lichfield District Council Councillor's Community Funds £325

4.5. Funds in deficit

No fund held by Men’s Shed Lichfield is materially in deficit.

5. Structure, Governance and Management

Men’s Shed Lichfield is a Charitable Incorporated Organisation with voting members other than its charity trustees

The activities of Men’s Shed Lichfield are governed by its constitution document reference MSL000 issue 2(bis) dated 01 July 2021.

Trustees are appointed in accordance with the provisions of the constitution.

6. Funds held as custodian trustees on behalf of others

No funds are held as custodian trustees on behalf of others.

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MSL

Registered Charity number 1195026

Men’s Shed Lichfield

Trustees Annual Report and Accounts for FY2025

7. Balance Sheet 31st December 2025

Year Ended 31 December 2025 2024
Current Assets
Cash 0.00 10.00
Current Account 2,593.78 2,614.15
Deposit Account 6,420.92 6,370.12
SumUp Account 0.00 0.00
Net Current Assets 9,014.70 8,994.27
Liabilites
Liabilites 0.00 0.00
Total Liabilites 0.00 0.00
Total Assets 9,014.70 8,994.27
Represented by
Accumulated fund brought forward 8,994.27 9,406.98
Surplus(defcit) for the period 20.43 -362.71
Accumulated fund carried forward 9,014.70 8,994.27
Dispositon of reserves
General Reserve 4,504.29 4,537.54
Restricted Fund 2,310.41 2,256.73
Contngency Reserves (1) 2,200.00 2,200.00
Total Reserves 9,014.70 8,994.27

Notes on the accounts

1) The reserve of £2200 is considered necessary as MSL still does not have a permanent location, and no security of tenure beyond the current 12 month agreement. The reserve provides £1000 help with an unpredictable cost of relocation and provision of (12*100) £1200 for rent as yet unspecified. It is probably on the low side but is as much as we feel we can commit.

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MSL

Registered Charity number 1195026

Men’s Shed Lichfield

Trustees Annual Report and Accounts for FY2025

8. Income / Expenditure Statement for year to 31 December

2025 2024
Revenues
Bank interest 50.80 93.58
Donatons (1) 454.02 1,125.15
Grants (2) 2,375.00 1,396.00
Session Fees 2,115.00 2,337.00
Subscriptons 521.00 603.00
Equipment transfers (1) 100.00 1,962.00
Total Revenue 5,615.82 7,516.73
Expenses
Management
Afliatons 30.00 30.00
Equipment 0.00 1,452.09
Insurance 243.17 263.18
Member Support 313.11 219.21
Rent
Statonary 54.89 6.75
SumUp Fee 37.18 28.99
Training H&S 1,216.09 8.72
Workshop
Consumables 395.25 624.73
Projects 1,556.10 1,381.40
Tools and equipment 1,223.40 3,535.51
Total Expenses 5,595.39 7,879.44
Note a: Allocaton of expenses between categories does not agree exactly between 2024 and 2025
-362.71
Net Income 20.43

Notes on the accounts

2) Grants received from Lichfield District Council and from Lichfield District Councillor's Community Funds

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MSL

Registered Charity number 1195026

Men's Shed Lichfield Trustees Annual Report and Accounts for FY2025 Declardtion The trustees declare that they have approved the trustee5' report above. Signed on behalf of the charity trustee5 Peterjohn Hollis Trustee and Chaimian Date: i? MaLOLé Men's shed Lichfield MSL Page6of6