Trustees, Annual Report for the period From 1st April 2024 To 31st March 2025 Charity name: Test Valley Men's Shed Charity registration number: 1200625 Objective8 and Activities Summary of the purFoses of the charity as set out in its goveming document P•t•l.17 To promote ￿¢•al incluslon for the public benefrt by preventing people within The Test Valltry and surroundin8 area from becoming s¢xially 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 to undertake, jointly or individually, creative, physical or recreational activities, learn or pass on ski115 and knowledge and support each other socially. Summary ofthe main activities in relation to th08e purposes for the public benefit. in particular, the activities. projects or services identified in the acc￿unts. Slalement confimiing whether the tnJst8es have had regard to the guidan issued by the Charity Commission on public benefit Pw• 1.17 •wJ Providing and maifttsining a safe space where projects tan be undertaken Iprincipallv woodworkin8 and rnetsl working) and encouraging the passing on of knowledge to enable new skills to be learned and applied. Pwa 1.18 Addftlonal Infomiatlon (optlonal) You ma choose to indude further s￿te￿ntS where relevant about: NIA Policy on grant making Policy on social investment induding program related investment P*¥ 1.38 P¥0 1.38 Contribution made by volunteers Other Achievements and Performance SORP rtlwen¢* Test Valley Men's Shed ha$ maintained the premises and tods which have been used throughout the year to allow the members to have a social space to meet fnends and to acquire or improve physical skills. This has allowed us to sell sm811 items to the public at local markets as well as repairing and renovating many cherished or practical items for the local public. There are now 24 members of the Shed which is as many as the premises will take arthough we will still consider members rf an appliGqtion is m*Je. Our focus is on maintaining and improving the premises making sure li remains a 88fe and welcoming space. Summary of the main achievements of the chanty, identifying the difference the charity s work has made to the Circumstances of its benefiaaries and any wider benefits to society as a whole. Pwa120 Addluonal Informatlon (optlonal) You ma choose to indude further Statements where reFevant about.. Achievements against objectives set Pw8 1.41 Performance of fundraising activities ￿ainSt objectives set Pw• 1.41 Investment perf0m￿n(￿ against objectives Pwa 1.41 Other Financial Review Review of the chanty. financial posttion at the end of the eriod Statèment explaining th8 policy for holding reserves statin wh the are hekl Amount of reseNes held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any Un￿rtaIntieS aboul the charity continuing as a going concern P*a 121 Currently healthy assisted by grants from local businesses and National Lottery Pwa122 Rw*rves are not held in a speafic account but have been identsfied for use on known min £6.140 NIA Pwa 122 Pw• 122 Parn 1.24 NIA P*• 1ZJ None. The lease from the Parish Council has been signed and a grant has been received to cover the cost of replaong the drains. Additional infomiatlon {optlonal) choose to indude further slateffents where rdevant about.. You maL_ Funds have been raised through grants and donations from local organisations. We have also raised funds from sales of proJucts and repair I renovats'on work done loc411y. The charity's principal sources offunds {induding any fundraising) P4w• 1.47 The Shed has no investments. Investment policy and objectives including any SOCi81 investment policy adopted Pwa 1.46 NIA A description of the principal nsks facing the charity Parn 1.48 Other Structure, Governance and Management Description of chanty's trusts: Type of governing d￿Ument P*a125 Constitution How is the charity constituted? PJrn125 cio Trustee selection m8thod$ induding details of any constitutional proms'ons e.g. election to post or name of any person or body enlrtied to appoint one or more trustees Para 125 By vote of members or co-ooion by trustees where appropriate. Trustees appoint individual posts. Addltlonal Infomiation (opoonall You ma choose to indude further statements where relevant about.. Policies and procedu adopted for the induction and training of trustees Pw• 1.51 The charity's organisational structure and any wider ne￿Ork wFth which the charily wo￿$ P¥4 1.51 Relationship with any related parties Pml.51 Other Reference and Administrative detsils Charrt name Other name the cha uses istered charit number Charity's prinopal address Test Vall Men's Shed NIA 1200625 The Old Pavilion, Laverstoke Lane Laverstoke RG28 7NW Names of the charity trustees who manage the charlty Dates •cl•d It not forwhol• Trust•• nam• oiri¢e Irf any) Name of person lor body) entitl•d olnt trustèè Ifart Nicholas Bowden Philippa Bowden Keith Fowler Charman Treasuref 1911123- 1911123- 1911123- 30110125 David John Richard Waters 114123 - 30110125- 10 12 13 14 15 16 17 18 19 20 Corporate trustees- naffes of the directors at the date the report was approved Dlrn¢tor n•m• Name of Irustees holding title to property belonging to the charity TnJit•• nam• Dat•8 aet¢d rf not ft¥rT*hol• Funds held as custodian trustees on behalf of others Descnption of the assets held in this capacity Name and objects of the charity on whose behair the assets are held and how this falls within the custodian chanty's objects Details of arrangements for safe custCMJy and segregation of such assets from the charrty's assets Addttlonal Inforniatlon loptlonal) Names and addresses of advlsers Ioptlonal Inforniatlon) Type of Nomo Address adviser Name of chlef oxecutlve or names of ￿nIOr $tsff Mom￿r8 (Optlonal Infrlrniatlon) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional infomiation Declarations The trustees declare that they have approved the trustees. report above. Slgnod on behalf of the charity's trustees Signaturn(s) Full namols) Position leg Socrntary. Chalr, etc) Nicholas Paul 8ower-Bowden Chaimwi Date 11 Test Valley Men's Shed Income and Expenditure Accounts 12 Months to 31st March 2025 2024 2025 Income Expenditure Income Expendlture Grants and Donations Product Sales Scrap income Membership fees Tealcoffee and other refreshments Other Income Prernises repairs Equipment repairs & renewals Postage & Stationery Insurance Charges Other Expenses Cleaning Toilet / storeroom move Metalwork lathe Electricity 60. 2,268.69 222.06 680.00 1,096.85 228.00 21,429.04 5,112.65 299.1JJ 760. 798. 105.64 1,508.32 629.10 603.32 472.53 1,350.48 12.82 484.94 46.00 36.01 1,630.50 477.44 26.67 51.37 374.11 50.63 1,163.15 359.67 Balance for year 4,555.60 4.510.61 28,798.36 4,514.42 Profit l Loss for year 24,283.94 TEST VALLEY MEN'S SHED Balance Sheet as at 31st March 2025 2024 2025 CURRÉNT ASSETS Cash Current Bank Account Excl Lottery grant Lottery Grant 1,756.83 4.082.12 1,115.31 9,354.58 19,653.lJ) 30,122.89 5,838.95 CAPITAL& RESERVES Balance forward Excess of Income over Expenditure 5.793.96 44.99 5.838.95 24,283.94 Balance at 31st March 5,838.95 30,122.89 CURREl+lT LIABILITIES Amounts f•lllng due wlthln one year Insurance Electricity Water Legal Fees Repairs and renewals covered by grant Repairs and renewals not covered by grant 1,404.(K) 997.00 444.00 1.485.(Kl 19.653.00 5.0ts).00 Avallable balance as al 31s1 Malch 2025 1,139.89 These financial statements have been prepared from the books and records of Test Valley Men's Shed for the period 1st April 2024 to 31st March 2025