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2024-12-31-accounts

Trustee Annual Report for 2024

Charity Name. Men’s Shed Worcester (CIO Charity registered Dec 2023)

Charity number. 1206332

This report relates to financial year: January to December 2024

The principal address of the charity is The Crypt, St Clement’s Church, Henwick Road, St John’s, Worcester WR2 5NP

The following individuals were the charity trustees on the date the report was approved

Mr Colin Bunce. Chairman

Mr Ian Robinson. Treasurer

Mr Neil Young

Mr John McKelvey

Mr Andrew Bacon (appointed at AGM June 2024)

Mr Andrew Stevens (appointed at AGM June 2024)

The Charity was formed in August 2023 as an Unincorporated Association. It was converted to a Charitable Incorporated Organisation ( CIO Association Model) in December 2023.

The Charity is governed by a Constitution

The Charitable purposes of charity are

To promote social inclusion for the public benefit by preventing people, particularly, but not exclusively, men aged 18 or over/older men, within Worcester and the surrounding area, from becoming socially 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 jointly or individually to undertake creative, physical or recreational activities, learn or pass on skills and knowledge and support each other socially. For the purpose of this clause "socially excluded" means being excluded from society, or parts of society as a result of one or more of the following factors; unemployment, financial hardship, youth or old age, ill health (physical or mental)

To further these purposes for the public benefit, we carried out the following activities:

The main achievements of the Men’s Shed Worcester in the year were:

Plans for 2025 and beyond for Men’s Shed Worcester

The trustees have read the Commission’s Public Benefit requirement statutory guidance, and have had regard to this when running the charity.

A review of the charity’s financial position at the end of the year:

In the financial year January to December 2024 The Charity had an income of £16706.44 and an expenditure of £22930.49.

The amount of capital remaining at the end of December 2024 is £3852 in unreserved funds (day to day capital), £1800 equipment reserves, £5391 van replacement reserves.

There are no funds held by the charity that are materially in deficit.

Signature

Mr Colin Bunce (Chairman and Trustee of Men’s Shed Worcester

Date

Men's Shed Charity Reg
Worcester 1206332
Receipts and payments accounts
Period from Period end date
01/01/2024 31/12/2024
Income and Expediture - For internal use only
[Restricted] Total funds Lastyear
£ £ £
Income
Annual Membership £ 587.00 £ 408.00
Attendance 1,373.00
£
£1,118.61
Donations 505.00
£
£ 870.00
Grants £ 8,000.00 £ 14,250.00
Sales £ 2,889.34 £ 1,500.30
Clothing £ 10.00 £ 358.04
Interest £ 191.90 £ -
NHS hire £ 3,150.00
Total Receipts £ 16,706.24 £18,504.95
Payments
Rent £ 750.00 £ -
Utilities £ 65.29 £-
BuildingsInsurance £ 505.00 £431.40
Premises (Building etc) £ 8,682.33 £1,203.80
Van £ 8,215.18 £ 223.52
Materials and Consumables £ 1,157.14 £ 1,450.73
Equipment<£100 £ 994.40 £ 870.27
Equipment>£100 £ 2,016.99 £4,002.33
Training £234.00
Clothing andWelfare 64.11
£
£ 480.05
439.33
£
Promotional materials 419.29
£
Total Payments £ 22,930.49
£ 9,274.67
details
Transfers between funds

Statement of assets and liabilities at the end of the period

Monetary assets Current
Account
£ 3,852.33 £ 12,269.23
Equipment
Reserve
£ 1,800.00 £ 5,000.00
Van Fund Res £ 5,391.90 £ -
Cash £ 0.95
Total funds £ 11,045.18 £ 17,269.23