2024-03-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Tru8tses' Annual Roport forthe period From 13th September 2023 to 31¥1 March 2024 Charlty name: Bury St Edmunds Men's Shed Charlty raglstratlon number: 1204699 Objectives and Activities SORP fderenct Summary of the purposes of the charity as set out in its 90￿MIng document Pora 1.17 To promot8 soaal inclusion for the publlc benefit by preventing men and women aged 18 or over wlthin Bury St Edmunds and the surrounding area, from becoming socially excluded. relieving the need5 of those people who are socially excluded and assisling them to integrate into society through the provision of facilities in which they can meet JOIn￿Y or indiwdually to undertake creative, physical or recieational adivities. learn or pass on thlls and knowledge and support each other socialty. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activrties, projects or seNces identified in the accounts. Por• 1.17 and During the year we ha￿ provided workshops on Saturday momings betsveen 10.00 a.m. to 2.00 p.m. for members to meet and18am skills. and to use some of their existing skills {e.g. woodworking) to make items, potentlally for s81e. W8 have set up projects to encourage team working and in doing so have supported other charitable organisations. We have attended outside events lo share our ethos 8nd Sell our products. YES Statement confimiing whether the trustees have had regard to the guidan iSSU8d by th8 Chaiity Commission on public berlefft Para 1.18 Additlonal inforniatlon loptional) You ma choose to indude further statements where relevant about., SORP refern￿¢t Policy on grant Pwa 1.38 Pagelof7

Para 1.38 Policy on social investment induding prcxjram related investment We are solely dependant on volunteers for th8 management and day to day running of the "Shed" Para 1.38 ContribLrtion rnade by volunteers Other Achievements and Perfomiance Summary of the main achievements of the charity, identifying the difference the charity's work has made to the arcumstsnces of its beneficiaries and any wider benefrts to society as a whole. Our Saturday moming sessions have benefited our members diredly as, through attending. they have found companionship and developed an improved sense of wellbeing and usefulness. Through projects for other organisations the sessions have encouraged team building and helped develop new skills using various pieces of woodworking equipment. The y￿rk of the 'Shed° has attracted referrals from other local organisations which have similar aims regarding the eradication of isolation and loneliness. We have encouraged both one to one and group communication btheen members and helped them to develop more confidence. Pern 1.20 Our outdoor events have encouraged members to man stalls and speak to visitors about our objectives and display and sell some of our produds made by members. In particular our projects in support of other local charitable bodies and their members have induded the construction of raised beds and butterfly boxes and mentoring special needs teenagers at summer worksho Addltlonal Inforniatlon (optlonall You ma choose to include further statements where relevant about.. Achievements against objectives Set P￿a 1.41 Page2of7

perf0m￿nCe of fundraising activities against objectives set Para 1.41 Investment performance againsl objectives Para 1.41 Financial Review Review of the charity's financial position at the end ofthe period P8rg 1.21 We maintain a bank account with HSBC. During our first full year we have secured grants from local authorities and from a charitable foundation to support the cost of our rental, our set-up costs and various specia one-off projects. Also, with the help ofa nominal membership fee and selling Items at fairs and events we have ended the year with funds of £8,892. However, this sum includes fundlng for projects committed but as et uns ent. Going forward there is no certainty of repeat funding and we need to build Teseprfes to pay for rent, and ￿Ver the cost of buying materials for members to use. There are also insurance and subscription costs to cover plus advertising and ment costs. Our reseNes total £8.892. NIA ststement explaining the policy for holding reserves stating why they are held Pwa 1.22 Amount of reseNes held Reasons for holding zero reserves Details of fund materially in defiat Explanation of any uncertainties about the charity continuing as a going concem Parn 1.22 Para 1.22 Pafa 1.24 NIA Pa￿123 NIA Additional inforniation (optional) You ma choose to include further statements where relevant about.. The charity's principal Since gaining Charity status have sources of funds (including raised any fundraising) £552 from membership feeslcharges £509 from fundraising events £4.600 from West Suffolk Council, and Sufft)Ik Commun Foundation. Para 1.47 Page3of7

Investment policy and objectives including any social investment rxjlicy adopted Para 1.46 We need to ensure that VR can cover basic costs of rent (currently covered by £ grant) and our insuran￿$ and other basic costs (which can be covered by membership feeslcharges)- so we are quite well placed at the moment. A de8cfiption of the principal risks faang the charity Para 1.46 Other Structure, Governance and Management Des¢fiPtion of charity's trusts.. Type of goveming document Pora 125 We have a CIO Constitution How is the charity constituted? Para 125 cio Trustee selection methods including details of any constitutional provisions e.g. election to wsl or name of any person or body entitled to appoint one or more trustees P4A 125 The Shed has 4 truste8s, all Shed members, who agreed to stand until our first AGM in May. All trustees will retire at the AGM and nominations will be voted on by the members at the AGM. Thereafter one third of the trustees retire by roL*ion each year. There must be a minimum of 3. Addftlonal Infomiation (optional You ma choose to include further staternents where Tdevant about: Pollaes and procedures adopted for the induction and training of trustees Parn 1.51 The Trustees have delegated the day-t day responsibility of managing the Shed to Management Committee of which the 4 Trustees are a part. The charity's organisational structure and any wider nehvork with which the charity worf(s Pwa 1.51 Relationship with any related parties Pwa 1.51 Page4of7

Other Reference and Administrative details Charltv name Other name the cha uses R8aistered charitv number Charitys principal ￿ldre$S Bury St Edmunds Men's Shed 1204699 Bury St Edmunds Men's Shed The Centre UK 30 Eastern Way IP32 7AB Names of the charity trustees who manage tho charfty Dats$ acted It not forwhole v•ar TNstw nam• Office lif any) Namè ot pérson lor body) •nthl to 4DDoint truste• lif anv) Brian Fell Colin Knight Peter Brinkley Calvin Joslin Chairman Treasurer From 1319123 From 1319123 From 1319123 From 1319123 10 11 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re Dlre¢tor name rtwasa roved Page5of7

Name of trustees holding title to property belonging to the charity TNst•e nam• Dat•s act•d If not forwhole ar Funds held as custodlan trustees on behalf of others Description of the assets held In this capacity Name and objects of the charity on whose behalf the assets are held and how this falls wtthin the custodi8n charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional infomiation loplional) Namos and addresses of advlsers Ioptlonal Infomiatlon) Typ• of Name Address advlser Namo of Chiof oxecutivo or names of sonior staff mom￿r$ (Optional infomiation) Exemption8 from disclosure Reason for non-disclosure of ke rsonnel details Page6of7

Other o tional information Declarations The trustees dKlare that they have approved the trustses, report above. Signod on b•half ofthe Gharlty'$ trusteej Slgnature(s) Full namels) Posluon (eg Secretsryi Chalr, etc) Colin Dawd Knight Treasurer Brian AntlK>n Chair Fell Date 2215124 Page7of7

CHARITY COMMISSION FOR ENGLAND AND WALES BURYST EDMUNDS MEN? SHED 1204699 Receipts and payments accounts To CC16a 1>Se 31-Mpr44 Section A Receipts and payrnents Unrnstrt¢t•¢l funds R•stdct•d fund8 Endowm•nt fvnd6 Total fund Last ￿r toth• t tothe ￿laSt£ toth• n•aM•t£ 1th•n￿￿￿tE A1 Recèipts SUBSCRIPnON8 FUND RAISING EVENTS DONATrONS GRANTS ATfENDANCE FéES 84 4000 460D ub total ( ross income for AR) 4601 A2 Assèt and invostmont salés, (see tablel. Total rneèipts S.681 A3 P• mènts RENT SUNSCRIFmoN8 BANK CHARGES EQUIPMENT 500 Sub totsl A4 A•set and investment Durchase8. rfr￿ talAel Sub total 1.823 Net of rncolpts/(Pa￿T￿OntsJ AS Transf•rs b•tr4￿en funds A6 Cah funds last y•ar end Cash fun(ts this year ond 3,798 30£ 6.688 8,892 CCXX Rl Accounts (SS) 23ffj9r2024

Section B Statement of assets and liabilities at the end of the period Unr•sM¢t•d funds lo raTQ51t R•strSct•d funds to neate5t£ Endowm•nt fvnd$ ategories Jptails n•areot£ B1 Cash funds 1099 PErrY CASH 107 Total cash funds 8,886 Unrnstrlct•d funds 1¢4 r•r¢sl£ Re¥trfcted fvnds trneaM8t£ Endowmont funds Dètails -"•### Fund towhkh asset belo Cumtvalu• ona Details Fund trJ whl¢h asset Lksn Curnntvalue IIDna Details Costloptlon8rJ B4 Assets rotalned for th• Charws own u Fund to relates Amountdu• onal When dvè ona Details RENT B5 Uabllltles RESTRICTED ON INVOICE SUPPUES RE¥FRI￿rED 30TH AP141L 2024 Syned ty one or1￿1￿￿￿te98 on behalf of allthe tfustses Date of rov81 SwJnature Prlnl Name COUN KNIGHT BRIAN FELL 22105r2024 CCXX P2 accounts ISSI