Unaudited Finanaal Statements forthe Period 25 March 2024 to 31 Marth 2025 (first set of accounts) OKEHAMPTON MEN IN SHEDS CHARITY Registered Charity number 1207592 Contents Trust Information....................................... Trustees Report........................................................................... .......................................................... Receipts and Payments........ .................................................................................................................. Balante Sheet ............................................ Appendix- Independent Examinerfs Report
OKEHAMPTON MEN IN SHEDS CHARITY Trust Information TRUSTEES: David William Stuart (Chairl Graham Philip Storer Peter Jonathan Brayne SECREfARY: Peter Jonathan Brayne TREASURER: David William Stuart REGISTERED ADDRESS: Okehampton Men In Sheds, Community Gardens, Fatherford Lane, Okehampton, Devon EX20 IQS 24 Okehampton Men In Sheds Charitywas registered with the Charity Commission on 25 March 2024, following submission of a 'Constitution of a Charitoble Incorporoted Orgonis¢7tion whose only voting members ore its charity tnistees ('Foundation' model constitution).. The objert of the Charitable Incorporated Organisation (CIO} is 70 promote sociol inclusion for the public benefit by preventing people. particularly but not exclusively men L7ged 18 or over, within Okehampton and the surmunding areo. from becoming socialty excluded, relieving the needs of those people who are sociolly excluded and ossisting them to integrate into soclety through the provision offocilities in which they can meet to undertoke creative, physirol or recreotional artivities. leorn or pass on skills and knowledge, and sUPPOrt eoch other sociolly. The CIO took over all the activities and the funds from Okehampton Men In Sheds CIC after which the CIC was wound up and removed from the Companies House register on 3 December 2024. Pa8e 2
OKEHAMPTON MEN IN SHEDS CHARITY Trustees Report The Trustees met 6 time5 from the inception of the new charityto the end of tts financial year. An agenda was prepared for each meeting- any potential conflicts of interest were declared and minutes of the meetings kept. The Trustees first tasks were to establish a good set of policies and make these available to all involved: after which, the winding down of the existing Communrty Interest Company began so that all assets and liabilities were transferred to the new charity. The'shed, is open for 3 days a week and we have 35 registered attendees. The'shed, is based in a hut next to the Okehampton Community Garden and we are very grateful to the Okehampton Foundation for their support. The first full year as a charity has been successful. There ha5 been an increase in the number of projects undertaken, benefiting both the local cornmunity and the members of the 'Shed'. We worked with many local community organisations includin8 Castleham la residential care homel, Oakleigh and St. Olafs {'assisted livin homes) where we replaced a ga2ebo; we worked for the local British legion, replacing a fire door and made 22 bird boxes for the Devon Wildlrfe Fund. Over a dozen projects were delivered by the'shedsters,. Future With the growing number of community projects, we are keen to find a bigger location. Our current 'shed' 15 quite restrictive and means we have to find other locations to store our equipment and minibus. We are exploring a number of possibiltties. We are also keen to build partnership arrangements with local businesses. We are pleased to be working with Tinhay {Building Supplies) who supported us in our entry for the annual Soapbox Derby1£3651. Flnantes and Reserves Although we made a defictt of £1,629 in the year, this was experted. It was mainly due to purchasing some equipment in orderto undertake more community projects. Our income of £5,497 was made up of general donations of £3,337 and projett donations of £1,259. We were delighted to get a grant from the David Gibbons Foundation1£7151, enabling us to build a shed for a young man studyingfor his GCSES. Although our van cost £1,571 to run, it is essential to the effective running of the 'Shed'. Our reserves of £8,021 are completely unrestricted. illiam Stuart- Chair Page 3
OKEHAMPTON MEN IN SHEDS CHARITY Receipts and Payments for the Period 25 March 2024 to 31 March 2025 RECEIPTS 2024-25 Donations £ 3,337 Project Donations £ 1.259 Grant Income - -£ 901 Total Receipts £ 5,497 PAYMEKrs Project Costs - £ 1,260 Van expenses - £ 1.571 Men in Sheds expenses £ 2.671 Utility costs-___ £864 Insurance £412 Mobile Phone £174 Training Costs £67 Miscellaneous £107 Total Payments £ 7,126 Surplus/lDeficitl for the period £ (1.6291 Balance brought forward £ 9,650 Totals funds as of 31 Marth 2025 £ 8,021 Page 4
OKEHAMPTON MEN IN SHEDS CHARIT Balance Sheet 31 March 2025 FIXED ASSETS Tangible Assets- CURRENT ASSErs Debtors Cash at bank £ 8,021 CREDITORS Amounts falling due within one year NET CURRENTASSErs £ 8.021 TOTAL ASSEfs LESS CURRENT LIABILITIES £ 8,021 NET ASSETS -_ £ 8.021 The financial statements were approved by the Trustees on 19 September 2025 and were signed on its behalf by- ram Stuart-Ch3ir End. Pa8e 5
Independent ExamRners's Report To the Okehampton Men in Sheds I report on the accounts of the charity Okehampton Men in Sheds for the year ended 31 March 2025 which aTe attached on pages 2-5. Respective responsibilities of the Charity and examiner The charity are responsible for the preparation of the accounts. The charity consider that an audit is not required for this year (under section 144 of the Charities Aci 2011) and that an independent examination is needed. It is my Tesponsibility to Examine the accounts (under section 145 of the Charities Act) , To follow the procedures laid down in th¢ General Directions given by the Charity Commissioners (under section 145 (5) (b) of the Charities Acl) '. and To state whether particular matters have come to my attenlion. Basis of examiner's statement My examination was Caled oul in accordance with the general direction5 given by the Charity Commissioners. An examination includes a review of ihe accounting CordS kept by the charity and a comparison of the accounts presented with thosc records. It also includes consideration of any unusuaI items or disclosurcs in th¢ accounts, and seeking explanations from you concerning any such matters. The procedures undcrtakcn do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts prescnt a'true and fair" view and the report 15 limited to those matters set out in the ststement below. Independenl examiner's statemeDt In connection wtth my examination, no material matters have come to my attention which gives me cause to believe that. in any material respect - Accounting records were noi kept in accordance with section 130 of the Charities Act: I have come across no other matters in connection with the examination to which attention should b¢ drawn in order to enable a proper understsnding of the accounts to be reached. B S Hawkins Chartered Accountant l Town Fann Court, Exbourne. EX20 3RP 27 October 2025