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2025-03-31-accounts

HOOK SHED

ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

Introduction

The Trustees are pleased to present their report on the activities of the Hook Shed (the “Charity”) for the year ended 31 March 2025.

Constitution

Hook Shed is a charity established as a Charitable Incorporated Organisation under a Constitution dated 22 March 2021.

The Charity has registered with the Charity Commission under registration number 1195578 and is also registered with HMRC for Gift Aid donations from individuals who pay tax in the UK, allowing the Charity to increase the value of donations from UK taxpayers by 25%.

Objectives

The objectives of the Charity (its objects) are:

To do this, we will provide workshop facilities and settings where they can meet to socialise and engage in projects and activities together, such activities being aimed at increasing their engagement, skills and condition of life. In addition, other related activities that benefit the wider community may be undertaken in public settings (for example, but not limited to, “Repair Cafes”).

Trustees

The Trustees who served at any time during the year and to the date of this report were:

Claire Lambert (Chair) Matthew Heywood (Treasurer) James Braid David Butler Stephen Dignum Nicholas Somerville Christopher Terrey

The appointment of the Chair is reviewed in accordance with the Constitution.

Applications for new Trustees are invited as and when required. Appointments are made having regard to the skills on the Trust body and its future needs.

Governance

During the year, the Trustees maintained a sound governance framework for the Charity including;

Activities

Membership

During the year to 31 March 2025 the membership of the Charity has grown as follows.

Ordinary members
Membership at 1 April 2024 25
New members joined in the year 23
Membership at 31 March 2025 48

Diversity statement

The Trustees recognise the value of diversity in all its forms in helping run the Charity, benefiting from a variety of different perspectives, experiences and skills in its Trustees.

At this stage in our Charity's development, we believe that knowledge of running a charity is an essential requirement of Trustees. Within the constraints of available candidates to become Trustees and having regard to the protected characteristics of the Equality Act 2010, we seek ways of broadening the diversity of the Board, and especially as regards geography, age, gender and ethnicity.

In assessing applications for membership, we will ensure that there are no explicit or implicit limitations as to the diversity of individuals seeking to become members of the Charity except as regards age or gender where that is a key element of the drive to promote to members (eg under18’s, or to increase the participation rate of an underrepresented group such as women or disabled people).

Financial review of the year

This is the Charity’s third full year of activity and again the focus has remained primarily on the progression of the building project with Hook Parish Council (HPC). Planning permission was obtained for the Shed building and work began with the on the detailed design. A drawdown arrangement was agreed with HPC and £7,140 of the £75,000 HPC grant was used for these early stage costs. Other activity in the Shed continued as in previous years but this is limited while we have no permanent base. During the year we successfully applied for a £5,000 grant from Comic Relief and half of that was received by the year end. After the year end, following a change in our circumstances, we became ineligible to receive the Comic Relief grant and the £2,500 we had received was repaid.

Total income for this year was £11,432 (2024: £7,610). Expenditure totalling £8,964 (2024: £626) was paid during the year. The surplus of income over expenditure for the year was £2,468 (2024: £6,984) which increases our reserves.

Reserves

Our total reserves at 31 March 2025 are £11,461 (2024: £8,993). The Trustees consider the level of reserves to be adequate for the Charity to remain sustainable for the immediate future. As we have yet to secure a suitable building and offer members full Shed benefits our level of unfunded ongoing expenses are kept at a modest amount and we have no need to maintain significant reserves.

How our activities deliver Public Benefit

All of our charitable activities focus on the promotion of social inclusion for the furtherance of community and personal development of residents and the community of Hook for the public benefit. The Trustees confirm that in exercising their powers and duties they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission.

Future developments

The Trustees intend to concentrate on the following activities;

Contact us

The Trustees can be contacted through the Treasurer:

Matt Heywood

Glebe Cottage, Tunworth Road Mapledurwell Basingstoke RG25 2LU

or via https://www.hook-shed.org.uk/ where the email address for the administrator is given.

Approved by the Trustees on 2 September 2025 and signed on their behalf by:

Claire Lambert

Claire Lambert, Chair of the Trustees

HOOK SHED

Income and expenditure account for the year ended 31 March 2025

Year ended
Year ended 31 March 2025 31 March 2024
Unrestricted Restricted Total Total
funds funds
Income £ £ £ £
Grants 192 9,640 9,832 5,100
Community activities 1,570 - 1,570 1,692
Donations - - - 719
Membership subs 30 - 30 99
1,792 9,640 11,432 7,610
Expenditure
Community activities 1,600 - 1,600 57
Building project fees - 7,140 7,140 192
Subscriptions - - - 30
Insurance 133 - 133 133
Member events 6 - 6 75
Room hire 25 - 25 79
Bank charges 60 - 60 60
1,824 7,140 8,964 626
Excess income/(expenditure) (32)
2,500
2,468 6,984
Reserves brought forward 3,006 5,987 8,993 2,009
Reserves carried forward 2,974 8,487 11,461 8,993
Represented by:
Assets and liabilities statement at 31 March 2025
Bank and cash balances 2,974 8,487 11,461 8,993

Approved by the Trustees on 2 September 2025 and signed on their behalf by

Claire Lambert Matt Heywood Chair Treasurer