Trustees, Annual Report for the period From 10th October 2022 To 31st March 2024 Charlty name: Test Valley Men's Shed Charity registration number. 1200625 Objectives and Activities Summary of the purposes of the charity as set out in its goNtming docurnent Pw• 1.17 To promote social inclusion for the public benefit by preventing people within The Test Valley and 5urroundirw area from becoming socially excluded, relieving the needs of those people who are socially excluded and assistinq thém to tntegrtte irto soelèty thioulh thé provision of facilities in which they can meet to undertake. jointly or Indiv￿uall¥. creative. physical OT recreational activities, learn ar p45S on skills and knowledge and support each other socialty. Summary ofthe main activities in r81th.on to thw• purposes for the pU￿1C benefit, in particular, the act1￿1163. proJed$ or seNices identified in the accounts. Statement confirming whether the trustees have had re9ard to the guidan(* issued by the Charity Commission on pU￿1C benofft 1.17 arKI Pro￿ding and rnalTrtaining a safe space where projects can be undertaken Iprincipally woodworking and rnetal working) and encouraging the Passi￿ on of knowledge to enable new skills to be learned and applied. Pwa1.18 Addilional informalion loptionall NIA Pw• 1.31 Policy on grant makiThJ P¥4 1.38 Pclity iJn soclat IllT•tstm6ftt including program rel inyeslmont Pn128 Contributicrf) made by volunteers Other Achievements and Perfonnance Test VaN8y Men'8 Shed has maintained the premises tools which have been used thwhoui the yeaf to allow tho memb6r5 to have a xKial spar£ to meet friends and 10 acquire or improve physical skills. This has allowed us to so11 small itgms to the public at local markets as well as repairing and renovating many cherished or practical items for the local public. There are rK)w 16 members of the Shed which Is almost as many as the prem18es YA4H take akhowl we are actlvety en(x)uraging new members. Our focus is on maini8inin9 and improving the premises making sure it remains a safe and ￿e1(xx￿ln9 SW. Summary of the maln achievements of the charty. identifying the dirterenc8 the charity's work has made to the arcumstsnces of rts benefiaaries and any wider benefits to society as a whole. P￿120 Addxlonal IntorniatloTr lopliona You ma choose to include further sL*ements where relevant about.. Achievements Against gb*'vos sok Pfn 1.41 performan￿ of fundraising acts'vifjejs agarmt obittfjves" ,' Investment perforrnance against objecb'ves P•4 1.41 Othr Financial Review Review of the chanty's financial position at the end of the nod P*a 121 Currenty heatihy assisted by grants from local businesses. 122 policy for hc4ding reserves statin wh the are held Amounl of reserves held Reasons for holding zero reseNes Details of fund maierially in deficit Explan*on of any uncertainties abouf Ihe charity continuing as 8 goiNJ but have t*en Trdent￿ for use on known cowi Pwa122 £5 288 INIA Pwi122 Pw•124 NIA Pwa123 The Parish Council are the main 1éaseh0￿er and the Shed sutple8se Is L for renewa. The Council have warned us of a polentially hw cost to maintain the drainage which would infiuence Iheir position when ren?￿Ing the Sease. A granl to cover the cost has been approved t¥Jt | we are still waiting for the Counc41's roval. Addltlonal Infomiadon Iopllonal) You ma choose to indude further $tateffents where relevant about.. The charity's princip81 $ourcos of funds linGJudJ' any fundraising) have also raised lunds from sales of produrts and Fopajr l KeJ)oyabon work dgng locally. Pwa 1.47 Tho Shed ha$ no inN*stmnts. Investment policy and èbJeefvé* ifieiuth'fig arty social investment Oicy adopled P*• 1.46 If we cannot renew the lease with the Parish Council we would have to leave the premises. Altemative sites are very difficult to find. A descriptit)n of the pnnap rlsks facing the charity Pw• 1.46 Structure, Governance and Management Description of thafitys tfUSts'. Type of goveming document Pwa123 Constitution How is the charity constrtuted? P¥¥125 cio Tru61ee 8•l*Xion n*thod8 including details of any conslilutional provisitins 6.g. eledion to post or name of any person or tr￿JY enlrtled to appoint one or mre trustees Pw•125 trustees where appropriate. Trustees a￿1Th1 individual Fosts. Addltlonal Infomiatlon (optlonal) You ma choose to indude further statements where relevant about: Poliries and proceduros adopted for the indUCt￿n and training of trustees Pw• 1.51 The Ghanty'8 organi8atior*al structure and any wider nthork wlth bghich the chanty works Pw• 1.51 Relationshp wifth wjy r91th1 parties P*• 1.51 Other Refer￿￿2 and Administrative details Test V NIA 1200625 The Old Pavilion, Lavefstoke Lane La¥Erstoke RG28 7NW Men's Shed Other name the cha ' istered cha number Charity's principal •Jdress Names of tha charity trusto0s who managg th• chaiity Dat•s a¢t•d IlnotTor*tK•I• Trusi•• nam• Offic• {rfan Nam• of p•rnon lor body) •ntitl•d oint trustee rfan Bob Hough Steve Saunders Karen Saunders 10110122- 1911123 Treasurer 10110122- 1911123 10110122 - 1911123 Nicholas Bowden Ph￿Ippa Bowden Lindsay Taylor Keith Fowler David John Chairman 1911123- 3113124 Treasurer 1911123- 3113124 1911123- 3113123 1911123- 3113124 114123- 3113124 10 12 13 14 15 16 17 18 19 20 corpo.rate tru8tee8- names of the directors at the date the re Olrn¢tOf naft rtwasa Name of trustees holding li￿e to property belonging to the charity Tru•ta• n4m• D•t•• a¢t•d rf not fvrTwhol• Funds held as custodian trustses on behalf of others Descftption of the assets held in this capa Name and obje(ts of the assets are held and h(yw Ihis falls within the custodian charity's objeds Details of arrangern￿tS for safe custcvjy and segregation of such assets from the charity's (Avn asws Addilional infornialion (optsnal) Type of Name ad¥l6•r Addrgss Name of chl•f •xKutlv• or names of Senlor stsff membern IOptlon•l Informatjon) Exemptlon8 from dlsclosure R•ax+n for n¢)n41isdosure of rsonrd delails Other o "onal infomiation Declarations The trustses dKlarn thatthey have approved the Irustees. Rport above. Slgned on behaff of the charlty's trustees Slgnknirn(s) Full nam•(s) Posltlon l•g Secretary, Chair, •tc) Nitholas Paul Bu¥*Ef-Brywden ChaiM￿n 2011112024 ## **TEST VALLEY MEN'S SHED Profit & Loss Account from 10th October 2022 to 31st March 2024** |**INCOME**
Grants and Donations
Whitchurch Tennis Club- Recharged utilities
Product Sales
Scrap income
Membership fees
Storage rental
Tea/Cofee and other refreshments
Rafes and other fund raising
Other revenue
**EXPENDITURE**
Public Liability & Building Insurance
Electricity
Wood burner & Gas Heaters
Web Site Fees
Building Renovations
Equipment repairs & renewals
Med Shed Assoc Fees
Postage & Stationery
Water Charges
Supplies for resale items
Other
Refreshments
Cleaning
**EXCESS/(DEFICIT) INCOME OVER EXPENDITURE**|**10th October**
**2022 to 31st**
**March 23**| |---|---| ||1,668.25
0.00
1,082.50
70.00
0.00
200.00
415.31
75.00
0.00| ||3,511.06| ||734.83
1,691.50
402.00
54.94
0.00
247.00
0.00
7.50
0.00
79.00
37.81
260.70
1.09| ||3,516.37| ||-5.31| ## **TEST VALLEY MEN'S SHED** |**Balance Sheet as at 31st March**
**CURRENT ASSETS**
Cash
Current Bank Account
**CURRENT LIABILITIES**
Amounts falling due within one year
Building Insurance
Water charges
Web site fees
**NET CURRENT ASSETS/(LIABILITIES)**
**CAPITAL & RESERVES**
Balance forward
**Excess of Income over Expenditure**
Balance at 31st March|**2023**
**£**
750.69
5,043.27| |---|---| ||5,793.96
0.00| ||5,793.96| ||4,580.54
1,213.42| ||5,793.96| These financial statements have been prepared from the books and records of Test Valley Men's Shed for the period October 2022 to 31st March 2024 Expected allocation of funds:- |**Capital projects**|| |---|---| |Upgrade heating system|2,500.00| |Insulation and decoration of premises|2,000.00| |Stephen Saunders|| |Honorary Treasurer.|| |11/2/2024|| |**12 months to**
**31st March**
**2023**||**1st October 2023**
**to 31st March**
**2024**||**12 months to**
**31st March 2024**| |---|---|---|---|---| |2,335.21
0.00
1,620.80
316.00
51.00
200.00
765.91
75.00
0.00
5,363.92|60.00
0.00
1,935.19
222.06
120.00
0.00
535.25
0.00
228.00
3,100.50|60.00
0.00
2,268.69
222.06
680.00
0.00
1,096.85
0.00
228.00| |---|---|---| |||4,555.60| |734.83
1,835.50
402.00
54.94
0.00
361.01
0.00
7.50
39.93
327.74
45.31
305.12
36.62
4,150.50
1,213.42|0.00
310.00
0.00
0.00
975.49
512.26
0.00
2.00
0.00
82.87
7.88
396.44
20.50
2,307.44
793.06|477.44
1,163.15
0.00
0.00
1,079.11
976.13
0.00
2.00
0.00
105.64
26.67
629.10
51.37| |---|---|---| |||4,510.61| |||44.99| **2024** ## **£** 1,756.83 4,082.12 5,838.95 450.00 50.00 50.00 5,288.95 5,793.96 -505.01 5,288.95