HALSTEAD COMMUNITY SHED Annual Report and Financial Statements th Forthe year ended 10 February 2024
Halstead Community Shed Trustee Report IA ti ILU3.t.eos Helen Catley Janet Caton Dave Gronland Alan Jackson David Jaques Heather Pryke Chairman Kevin Pryke Philip Catley Register&.QafyllUmb0r 1198208 Halstead Community Shed Fenn Road Halstead Essex C09 2HG IndRpRnd.ont Fi .r Michael Radley 4 Portway Court Halstead Essex C09 2BP Lloyds Bank Braintree 2-4 Bank Street Braintree CN71UN it Holmes & Hills Solicitors A12 Commercial Hub London Road Marks Tey C061ED
Halstead Community Shed Trustee Report For the year ended February 2024 The Trustees present their report alongwith the financial statements of the Charityforthe year ended February 2024. The financial statements have been prepared following the charity's accounting policies and comply with the Charity's Constitution and applicable law. Our mission is one of Levelling Up, Improving Health and Wellbeing, and preventing loneliness and isolation by providing destination-quality facilities for all. To improve the health and well-being of the residents of Halstead and the surrounding area and to prevent loneliness and isolation. Our goal is to provide sustainable facilities that can be used to improve the local health and well-being of the residents of Halstead and the surrounding area via self- help. vi in By providing sustainable facilities and activities that can be used to improve the health 8nd wellbeing of residents of Halstead and the surrounding area via self- help. iviti We provide a variety of activities that help develop relationships and opportunities for resident5 to improve their Health and Wellbeing and reconnect with their community. nltl o.pJ?.o.rt To offer people the opportunity to learn new activities and skills in a non-judgmental atmosphere. Recognise that each member needs to get as much value out as they put into it. Sincerity and devotion to improving health and wellbeing. Honesty and integrity in all our activities. Responsiveness to the needs of members, theirt8milies and our community. Wisdom in applying technology and innovation. Respect for the value added byteamwork and participation in life-long learning. Appreciation of the value of contributions by partners and sponsors. Responsibility and generosity in giving backto the community. Shared responsibility and willingness, to accept delegated work. That there is no shame in asking
Halstead Community Shed Trustee Report Like most projects. it started with the idea of getting a group of men together interested in woodworking. In researching the idea further, the Trust came 8cross the Essex Shed Network, also the UK Men's Shed Association and learnt about their work to prevent lonaliness and isolation in older men. which gave a simple idea purpose. .Sbed7. Community Sheds, Men's Sheds, or simply Sheds, provide a space similarto a garden shed- a place for pursuing practlC81 interests. practicing skills. and enjoying making and mending. However, the key difference is that while garden sheds foster solitary activities, Sheds are centred around soci81 connections, friendship building. and the sharing of skills and knowledge. often accompanied by laughter. Most importantly, Sheds have proven effective in reducing loneliness, isolation, and depression. ultimately improving men's mental health and wellbeing. Formed in February 2022, the trust aimed to establish a Men's Shed community project in Halstead. In their search for suitable premises. they discovered the St John's Ambulance Station on Fenn Road had been vacantfor 3years. Hopingto rent the workshop space, the trust approached St John's Ambu18nce. only to learn the organisation planned to sell the building. sm Afterfurther research the Trust approached Braintree District Council about purchasing the Ambulance Station and asked fortheir support. Through multiple meetings with Braintree's Community Services, the Trust was advised that securing grant funding would require a comprehensive project or business plan encompassing the entire building. The trust spentthe next few months developing the'wellbeing at the Shed" project that would not only encompass the whole building but also protect the building for the future by creating a focal point for health 8nd wellbeing in Halstead.
Halstead Community Shed Trustee Report The Trustees and Volunteers had several key objectives for 2023120241: Installation of Solar Panels on Main building Completion of Health and Safetyworks Completion of Phase 3 of'wellbeing at the Shed" New Glass and 81uminium front o New additional. very large WaterTank Electrification of Shutters Install Signage ottifftvem In September 2023, the Trust secured a £296,000 grant from the Halstead Community Fund to support its'wellbeing atthe Shed" initiative. This funding allowed the Trustto purchase the St John's Ambulance station on Fenn Road, Halstead IC09 2HG} in December ofthatyear- an acquisition they had long anti¢ip8ted. Immediatelyfollowing the Christmas holiday, an enthusiastic team comprising ourTrustees, volunteers. NHSvolunteers. and localtradespeople commenced renovations on the ambulance station. Remarkably, phases 1 and 2 ofthe project were completed well ahead of the scheduled completion date at the end of February 2024. Movingforward. the completion of phase 2 renovations will allow the Training Rooms to host a range of health and wellbeing activities focused on self-help starting in early March. Currently we are in discussion with the following groups with some starting in March: Eyoga- Offering Yoga classes Senior Fit- Fitness classes for the over 60's Senior Fit- Pilates Crafty Girls - A social craft group Hearing Help Essex Sight Essex. The Trust is in conversation with Primary Health and NHS Social Prescribers and Provide.
Halstead Community Shed Trustee Report This year, the Trust received substantial f inancial benefits provided by the Halstead Community Fund. Eastlight and Braintree District Council. Consequently, our annu81 income grewfrom £298 to £306,703. Over the same period. our expenditures as planned also increased, rising from £60 to £184,903. This has left us with a credit balance of £123,820 at the year end February 2024. The Halstead Community Fund grant of £296,229 is a capital expenditure grant 8nd is designed to cover the capital expenditure of the'wellbeing at the Shed" project. The trust anticipates spending the remaining funds to complete the project within the next financial year. The Eastlight and Braintree District Council grant of £10,000 is to assist with the Trust's operating costs and will allow us to support other Charitygroups such as. Crafty Girls, Hearing Help Essex, Sight Essex at this stage. Ro&PiR&polI0Y The Trustees, policy is to maintain a sufficient level of general reserves to enable the charity to continue in normal existence for three months. The Trustees aim to reviewthis policy on an annu31 basis.
Halstead Community Shed Trustee Report Structure, governance and management: Halstead Community Shed is registered as a Charitable Incorporated Organisation {CIOI under its constitution dated 10 March 2022. TaLslalus As a règistered charity, number 1198208, Halstead Community Shed is exemptfrom Corporation Tax and Income Tax on its charitable activities. The Board of Trustees who held office during the yearwere as follows: Helen Catley Philip Catley Janet Caton Dave Gronland Alan Jackson D8vid Jaques Heather Pryke Kevin Pryke in &tQAQ The charity's constitution requires a minimum ofthree Trustees. Trustees are appointed for a term of three years and are invited to join the Board and are elected by a resolution of the Trustees. The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit,. The principal addresses and det8ils of professional advisers are included in the information sheet at the front of these accounts.
Halstead Community Shed Trustee Report The law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affai rs of the Charity and of the incoming resources and applic8tion of resources of the Charity for that period. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP. make judgments, and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the f inancial statements,. and prepare the financial statements on an going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees must maintain accurate. up-to-date accounting records that reflect the Charity's f inancial position. This enables the Trustees to ensure the f inancial statements adhere to the Charities Act 2011. Charity (Accounts and Reports) Regulations 2008, and the Trust Deed. Additionally, the Trustees are responsible for safeguarding the Charity's assets and taking reasonable measures to prevent and detect fraud or other irregularities. This reportwas approved bythe Trustees on 27th August 2024.and signed on their behalf by: Kevin Pryke Chair ofTrustees Helen Catley Treasurer
FrTrn' 1010212023 To". 0910212024 Halstead Community Shed Balance Report 15 ¢kt 2024 17-.24 This period only Nominal CLxIè AJ oro910024 CFe&l 0010 Pr¢p2rty- C•tsi 1$4,112.04 FiX1ures8nd frttlngs- ¢o$i 1S,33640 FvAlursan¢ rrttIng$.Attum•1ed rwe(iK)n EqpMOnt Purthase. Cost 2.27 Eqpent Puthase-ActsJmukkJ Depron 1025 in Prr- tIlding rffwblshlneni S.130.29 1200 HALSTEAD COMMUNITY SHED 3.18141 1220 HALSTEAO COMMUNITr FUNO 11.$05 D8 10 EASTLIGHT AND BDC FUNO 8,Z86.53 1240 82 DAY NOTICEACCOUNT 100,847.80 2100 Trade Ciethtor5 3.548.82 4200 ES5e¥ Lottery 108.50 4210 Essy Fur[315& 103 12 4240 Easiigtti and BDC Fund io.000.00 4250 HalSt•ad community F0 266.229.00 OthÉr ineom 500 00 4950 Ba r*[ 1.600.74 7130 InSUre 6>1. 721K EWtyty and Gas Supply 6952 7480 Refreshments 7900 Lffj81 Fees 142.99 7680 MiseALaneou5 equikwl 541.56 7800 RepaitS 3nd Renewa 4,649 69 7810 Cnir9 79BO 8040 Fixtures aNJ Filb$ 08plau 77.Cb) 8060 Equiwl purchase. g998 onIng BLr9 104. YOTAL £30B,724.32 £308,7X32 P¥Jud by Say2 Busin cLsAcJUTrti PB9è icfl