2024-04-05-accounts

Wilsden Shedders

Trustees’ Annual Report for the period 8 August 2023 to 5 April 2024

Charity registration number 1204260

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 For the public benefit, the preservation and
the charity as set out in its protection of good health among men aged
governing document 18 years and older, living in Wilsden and
the surrounding area, including those who
are retired, unemployed or have health
problems, through the provision of facilities
for hobbies, recreation or other leisure time
occupations including practical interests,
skills sharing, the learning of new skills,
and helping with community based
projects.
Summary of the main Para 1.17 and Wilsden Men’s Shed provides a means for
1.19
activities in relation to those individuals to come together to share
purposes for the public interests and engage with each other. It
benefit, in particular, the caters in particular, but far from exclusively,
activities, projects or for those who are retired, unemployed,
services identified in the have health problems or are just needing or
accounts. looking for more social engagement. They
come together to utilise, share and learn
skills and knowledge, of handicrafts and
other skilled or recreational hobbies and
interest - to benefit the local community, as
well as promoting and safeguarding their
own mental health.
Statement confirming Para 1.18 The Trustees confirm that they have had
whether the trustees have regard to the guidance issued by the
had regard to the guidance Charity Commission on public benefit.
issued by the Charity They believe that the Shed will deliver
Commission on public public benefit directly through its activities.
benefit
Policy on grant making Para 1.38 The Shed does not currently envisage
making any grants to either individuals or
organisations.
Policy on social investment Para 1.38 The Shed does not envisage engaging in
including program related any social investment activity.
investment
Contribution made by Para 1.38 Everyone currently involved in setting up
volunteers the shed - Trustees, prospective Shedders
and others who support the Shed’s aims
and ambitions – are volunteers.
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A good example of the latter is a volunteer who helped make, and teach a Trustee how to build, workbenches for the Shed. Another volunteer is a qualified accountant with extensive experience in small charity finances, reporting, fundraising, legal affairs and management, who has himself previously been a Charity Director/Trustee. As the Shed develops its programme of activities, all the activities will be provided by or will be supervised by volunteers.

Achievements and Performance

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SORP reference
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Achievements and Performance	Achievements and Performance	Achievements and Performance
SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Trustees, volunteers and their advisers have spent the period since incorporation as a working group setting up the initial Shed organisation, policies and systems, and most importantly in seeking premises for the Shed activity to take place. It became clear in early 2024 that the initial assumption - to locate the Shed operation in, or adjacent to, the Wilsden Village Hall - would not be acceptable to other hall users and nearby residents. The working group since then has directed most of its efforts to seeking a suitable and affordable location, and to building a local shed community. Numerous potential locations have been investigated, and several possibilities have been offered to the Shed for consideration. So far nothing suitable or affordable has crystalised, but various possibilities and alternatives remain under investigation. In the meantime, the local CofE church agreed the Shed can use its Church Hall for meetings and for “clean” events. The Shed working group is working to develop a group of aspiring shedders, and to develop a programme of activities at the Church Hall or by arranging trips and visits. This is planned to include talks and demonstrations; table-based crafts and activities making limited noise and waste; opportunities for general social engagement; and arranging visits to relevant places or events of interest. So far, several presentations and demonstrations have been booked, with more events being arranged.

Performance of fundraising activities against objectives set	Para 1.41	The principal fundraising objectives relate to funding of shed premises, and of fitting out the premises and acquiring the necessary initial equipment and tools, once such premises are secured. The Shed is also seeking funds to assist in providing experienced presenters and demonstrators to facilitate Shed events.

Financial Review

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Review of the charity’s Para 1.21 See attached financial information for the
financial position at the end period ended 5 April 2024.
of the period
Over the period, the Shed generated
income of £4,523. £2,000 was a grant from
Community First Yorkshire, awarded for the
purpose of setting up the Shed and building
a local shedders community. A further
£2,000 was from the George Martin Trust,
again for setting up the Shed, including
buying necessary tools and equipment.
A Trustee and a volunteer built a
workbench, which initially was intended for
use by the Shed but – given the longer-
than-expected period in securing premises
– was then sold for £500. A similar built
workbench has been retained, but may also
be sold if a satisfactory price is obtained.
At 5 April 2024, £1,137 had been expended
on tools, equipment and materials, leaving
£3,386 in cash balances. At that date, the
shed held equipment, tools and other
assets which the Trustees have valued at a
total of £919. There were no outstanding
liabilities at that date.
The Trustees are extremely grateful to
those generous individuals and
organisations who kindly donated
equipment, materials, and online software
for use by the Shed now and going forward.
Statement explaining the Para 1.22 During the establishment period, the
policy for holding reserves Trustees are ensuring that sufficient cash
stating why they are held funds are held to cover in full all committed
and anticipated unavoidable expenditure.
The Shed currently does not have any
employees, nor any rental or other
contractual commitments. So at present,
no significant reserves are required.
Amount of reserves held Para 1.22 £256 of unrestricted cash funds. £3,130 of
cash funds which may be used for setting
up the Shed and building a local community
of Shedders.
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Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	At present, the charity has sufficient funds to enable it to continue its establishment and development activities. Once suitable premises are identified, funding will be required, and sought, for the premises to be acquired and operated. The nature and extent of the funding needed cannot be established until that point.
The charity’s principal sources of funds (including any fundraising)	Para 1.47	As this was the Shed’s first period of operation, and during the establishment period, funding is and will be primarily through grants from public other grant- awarding charities and trusts.
Investment policy and objectives including any social investment policy adopted	Para 1.46	During the establishment period, the Shed needs to retain all its funds in readily accessible bank accounts. This is documented in the Shed’s Investment Policy, which allows for slightly wider investment of funds once circumstances permit.
A description of the principal risks facing the charity	Para 1.46	The main risk at present is that the Shed will not quickly identify a suitable permanent or semi-permanent location for carrying out shedder activities. Men’s Sheds, by their nature, require premises to function as a workshop. Until such premises are secured, it will remain more difficult than it would otherwise be to build, and retain the ongoing interest in, a Shedders community; and in securing and maintaining the interest of funders and donors. The Trustees recognise the severe financial constraints currently impacting the local authority, and other public and charitable grant-awarding bodies. In particular, as a start-up small charity it is very difficult to secure grant funding, especially for anything beyond physical assets. There is the risk that, especially until it secures premises, the Shed may not be able to generate sufficient income to develop in the way the Trustees would wish.

Structure, Governance and Management

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Type of governing document Para 1.25 The Shed is governed by a Foundation-
(trust deed, royal charter) Option Constitution.
How is the charity Para 1.25 Foundation Charitable Incorporated
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Type of governing document (trust deed, royal charter) How is the charity	Para 1.25 Para 1.25	The Shed is governed by a Foundation- Option Constitution. Foundation Charitable Incorporated
constituted?		Organisation (CIO)
(e.g unincorporated
association, CIO)

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Trustee selection methods Para 1.25 In accordance with the Constitution, the
including details of any Trustees are appointed by a resolution
constitutional provisions e.g. passed at a properly-convened meeting of
election to post or name of the Trustees.
any person or body entitled
to appoint one or more
trustees
Policies and procedures Para 1.51 All Trustees have undergone formal
adopted for the induction training in being a Charity Trustee. Two
and training of trustees have extensive previous experience in
charity and voluntary organisation
management, including acting as trustees.
As part of their induction, And future
Trustees will be required to either
demonstrate previous experience as a
charity Trustee, or to complete a course of
formal training in being a charity trustee.
They will be taken through all the Shed’s
documented Policies and Procedures,
which will be explained and where
necessary demonstrated.
A “New Trustee Induction” plan is being
documented, ready for if/when further
Trustees are appointed.
The charity’s organisational Para 1.51 The Shed is currently managed by a
structure and any wider working group of Trustees and volunteers,
network with which the supported by external advisers. It networks
charity works with other Men’s Sheds, especially in the
West and North-Yorkshire region.
It is a member of the UK Men’s Sheds
Association (reg.charity 1162409), which
provides support and guidance to groups
across the UK in starting and managing
now over 1,300 Men’s sheds in the UK.
Relationship with any Para 1.51 The Wilsden Village Hall and the Wilsden
related parties Church Hall respectively provide the formal
registered/mailing, and the operating,
addresses. They are otherwise unrelated.
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Reference and Administrative details

Charity name	Wilsden Shedders
Other name the charity uses	The Wilsden Men’s Shed
Registered charity number	1204260
Charity’s principal address	c/o Wilsden Village Hall, Townfield, Wilsden, Bradford BD15 0HT

Names of the charity trustees who manage the charity

1 2 3	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Michael James Fleming	Chair	Since incorporation	Trustees collectively
	Richard Lionel Freeman	Secretary	Since incorporation	Trustees collectively
	Paul Milton Pearson		Since incorporation	Trustees collectively

– Corporate trustees names of the directors at the date the report was approved N/a

Name of trustees holding title to property belonging to the charity

N/a

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	n/a
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	n/a
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	n/a

Additional information (optional)

Names and addresses of advisers (Optional information)

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Type of adviser Name Address
Set up and ongoing Operational Andy Ryland [e-mail]
Support and Liaison
Set up Support and Liaison Andy Alderson [e-mail]
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Name of chief executive or names of senior staff members (Optional information)

The Shed employs no staff

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

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Signature(s)
Richard Lionel Freeman
Full name(s) Michael James Fleming
Position (eg Secretary, Chair Secretary
Chair, etc)
Date
2 February 2025
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Wilsden Shedders 1204260
Receipts and payments accounts CC16a
For the period
08-Aug-23 To 05-Apr-24
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Grant - Community First Yorkshire - 2,000 - 2,000 -
Grant - The George Martin Trust - 2,000 - 2,000 -
Sale of items made by Shed Members 500 - - 500 -
Donations 20 - - 20 -
Card Payment Cashback 3 - - 3 -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
523 4,000 - 4,523 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 523 4,000 - 4,523 -
A3 Payments
Tools and Equipment - 523 - 523 -
Materials 267 266 - 533 -
Power Tool Consumables - 75 - 75 -
Sundries - 6 - 6 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 267 ] 870 - 1,137 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 267 870 - 1,137 -
Net of receipts/(payments) 256 3,130 - 3,386 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 256 3,130 - 3,386 -
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CCXX R1 accounts (SS)

03/02/2025

1

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Tool & Equipment bought Workbenches made in-house Details Total cash funds (agree balances with receipts and payments account(s)) Details Virgin Money Bank Current Account Details Tools & Equipment donated Sundry materials & consumables Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 256 3,130 - - - - 256 3,130 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Restricted 523 Restricted 266 Unrestricted - Restricted 50 - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Michael Fleming Richard Freeman	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) 418 266 210 25 - - - - - When due (optional) Date of approval 02-Feb-25 02-Feb-25

CCXX R2 accounts (SS)

03/02/2025

2