EGLINTON MEN'S SHED CHARITY NO. NIC 107554 RECKIFTS AND PAYMENTS Accouwrs YEAR ENDED 31 MARCH 2024 EGLINTON MEN'S SHED YEAR ENDED 31 MARCH 2024 CONfENTS Page No. Infollnation page TnLStees' Rq)ort Independent Examiner's Report Receipts and Payments Acci)unts Statement of Assets and Liabilities and Notes to the A¢￿)Unts EGLIwfoN MEIY'S SHED YEAR ENDED 31 MARCH 2024 Trustees David Craig Sam Parkhill Alastair Davidson Richard Manning Rosemary O'Donnell Chairperson Sam Parkhill Secretary Bob Parke Treasurer Gerry Cunningham Office Unit 7B Benbow Industrial Estate 15 Killylane Road Eglinton BT47 3DW Bank AIB (First Trust) Meadowbank Strand Road Londonderry BT48 7TN Accountants PFS & Partners charter￿ Certifi¢d Accountants 16 Main Street Limavady BT49 OEU EGLINfoN MEN'S SHED YEAR ENDED 31 MARCH 2024 TRUSTEES, REPORT This is our third year of fonnal reporting to the Charity Commission. This is a report for the financial year April 1, 2023 to March 31, 2024 as an integral part of the process to complete and approve the Annual Accounts for this period. Full reporting consistent with the Charity Commission's annual reporting requirements will be completed to meet the submission deadline of January 31, 2025 set by the Charity Commission for Northern Ireland. Current Trustees: Alastair Davidson (Chainnan), David Craig (Secretary). Sam Parkhill, Richard Manning and Rosemary O'Donnell (appointed SepL 2023). At each meeting of our Trustees we include: Recapping on the responsibilities of TTUStees and confirnling each person's intent to remain in position and to accept these responsibilities. All current trustees wish to remain in place and accept the responsibilities of a trustee of a registered charity Reviewing the Public Benefit Statement of Eglinton Men's SheA and refiecting on our perfonnance consistent with this ststement. We remain confident that we continue to satisfy the intent of our Public Benefit Statement. Taking stock of our financial position and the continued viability of our enterprise. We remain fully satisfied with the managing & accounting processes and operation of the Shed's Management Committee (this committee had 6 fornial meetings durin8 the year). In particular. the continued diligence of Bob Parke, who led efforts to secure appropriate grant funding to supplement our income, was a very valuable contributioL We remain confident with regard to our fmancial viability and our ability to continue consistent with the declared pU￿oseS of our organisation. Achievements & Performance We continued efforts to recover fully frorn the Covid-19 pandemic and to get activÈties fully back to norn]al as the confidence of members, particularly older and more vulnerable members, eventually returned to fully engage in group activities. We Continu￿ to strive successfully to satisfy the objects of our organisation s¢t out in our governing document: To promote personal developmen( positive mental health and physical activities for the benefit of individuals from in and around the village of Eglinton and distric( to advance the health, wellbeing and education of its members by providing a safe and happy environment where the members can, in the company of others: (i) Pursue hobbies, pastimes and interests, (li) Learn new skills, practise and pass on old skills. (iii) Promote their own and other men's health and well-being. (iv) Help reduce feelings of social isolation and loneliness. Our Management Committee met 8 tim&s during the year. We held our Annual General Meeting on Sq)t 20, 2023. We did not convene any Special General Meetings. Throughout the reporting year Eglinton Men's Shed remained open for all the planned hours, nornlally 3 days per week, providing a friendly welcoming space for members and visitors. However we opened on lots of other occasions due to various activities in progress and the enthusiasm of members to cornplete tasks. The main hub of internal activity in the Shed continued to be the main workshop with a number of team and individual woodworking projects. Projects were undertaken throughout the year including making such it¢ms such as planters and benches for mosdy community spaces but also for some private clients. Our metal-working workshop got fully up and rLmning effectively. In addition we provideAI a picture-framing service to some in our local community. Both the metsl-working and picture framing proved very successful to supplement our core wood-working activities in our main workshop. Of necessity, work had been ongoing on maintaining the CA)mbined benchlplanters throughout the village to continue to enhance the appearance of the village and to complement increased activity from other cx)rnmunity groups. Volunteer hours were 5,806 as estimated by members and visitors Si￿1n8 "in" and signing "out" of our main premises. This represented a 370/0 increase from the previous year (estimated on the same basis). We do not record Polytunnel or off-site hours so the totsl figure is probably of the order of 5-10 % higher. Th¢se figures are very encouraging and clearly demonstrate the continuing commitment of the Officers and Committee to ensure that the Shed was available to serve its members/ volunteers, and that the members clearly felt the benefits, otherwise their attendance would not have been maintained at such a high level. We organised a very successful Open Day on April 18, 2023. This afforded the opportunity to engage with our local community, funders, clients and others, including local elect representatives, other local chariti¢s and social enteryrises & community groups. Our membership roll has remained stable around 40 - the sad passing of some members over the petiod having be¢n balanced by new mmbers joining. As with any organisation such as ours, attendance vari¢s but we regularly see up to 20 persons setting foot in the Shed on a daily basis - evidence of the ￿ntinuing value duived by these folks. Our programme of talks CA)ntinued and four open talks were held with a good attendance at all by members, their families and others from our local community: We held a very well-attended pre-christmas social get-together on Dec 14, 2023 that appeared to be thoroughly enjoyed by all who attended. We are well past our "honeymoon period" as a new organisation but the continued flow of memberslvolunteers through our doors remains clear evidence of the value of what we offer. One of the most important aspects of our activities continues to be the provision of a wann, safe, friendly space for members and guests to visit and use, whether they wished to be involved in woodwork, metalworK gardenin& playing pool, using our free library, or simply sitting down for a coffee and a chat. The comradeshkp of shared end￿vourS serves to strengthen bonds and helps eliminate loneliness and social isolation. All these activiti&8 contributed in a very significant manner to the achievement of our objectives as listed above. Along with our partners, Eglinton Annual Show Cornmxttee and Eglinton Community House, we have continued to maintain a wide variety of floral displays across the village, including planters attached to the benches which we made a few years ago, as well as a number of free standing planters made in our workshop. This activity continues to expand year on year. We continue outreach to all sections of our community and to contribute to cross-community fellowship which is so important to nurture our local society. As part of our continual efforts to maintain, and hopefully increase, our public profile in our community we took two tables at the Eglinton Annual Show (Sept 2. 2023). This provided the opportunity to engage with the public and to showcase our activities. We ￿ntinUed to network wlth other Men's Sh&ts and, more specifically, hosted a visit from Ballycastle Men's Shed on Oct 4, 2023. In summary the Trustees are confident that the overall management of Eglinton Men's Shed continued to be to a high standart are confident of the probity of its Officers and Committee and are confid¢nt that Eglinton Men's Shed has a sustainable ￿ture. Signed on behalf of the Trustees: David Craig Date: EGLINTON MEN'S SHED CHARITY NO. NIC 107554 YEAR ENDED 31 MARCH 2024 Independent examiner's report to the charity trustees of Eglinton Men's Shed I report on the accounts of the Trust for the year ended 3 la March 2024. Respective responsibilities of chsrity trustees and examiner As the charity's trustees) you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ixeland) 2008. It is my responsibility to.. examine the accounts under $￿tIOn 65 of the Charities ACL follow the procedure laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities ACL state whether particular matters have come to my attention. Basis of independent examiner's report I have exarnined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in acwrdanek with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the ac£ounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any rnater1￿ n]atters have Lx)m¢ to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not cornply with the accounting requirements of the Charities Act. 4. That there is further infonnation needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no LY)ncerns in respect of the matters (l ) to (4) listed above and, in connection with the following Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Pfs PFS & Partners Chartered Certifked Accountants 16 Main Street Limavady BT49 OEU Date: 35 Ao3U&t IDI* EGUNTON SHTJN Ye*r￿. 31 Marh2024 AITMENTOF RE(Iim AND PAIMYMS UBrt$tiycted IYolEi ReilthtedFq* Tots12024 Totsl 2023 Re¢e41s D)mti)rn & Colx%iY lJ43 1.857 6,047 2,756 965 11,625 5.407 973 6.689 yrne•ts Toob aThl 4,WlO 516 (629) 70 516 L411 1,446 652 1251 605 459 366 262 593 350 325 150 875 237 7fj2 172 lJ21 163 TTavrl 163 325 240 yments foravd¢ts 489 Totsl PAymBts 7.155 13945 10,472 Net rt¢¢iO11(py•4ts) (102 1.152 b￿(frOm) (D¢Jl0t)ISw￿i for Ihe )rar (102 1.152 Ree0rdh￿l*3I Ma￿￿ 2ts24 Cath at hubj l Aw12023 Swphrj (defrit) ths)ttr¢rnl 8t 31 Mxth2024 6318 102 5,168 1.152 786 £786 14 SY￿an11￿tEl•ffbY. Celry S8Tr Pxrkhli Bob hrlLe EGLINTON MEN'S SHED Year FJYL. 31 March 2024 STATEMENT OF ASSETS AND LIABILIfIFS Uzwestricted Restricted Totsl 2024 Total 2023 Ba￿[ & Cash Balances Bank Cthrent A¢￿U￿t Cash onbard 6.747 39 6,786 6.747 39 6220 loo 6,320 Grnnt Debton Due SDC 648 648 NOTLS TO ACCOUNTS l Natu￿ aul purN•se offuThk UtW<8trrtrd are ava￿b￿ hr ge￿ pws¢s ii accorda￿¢ will the ¢IH[t￿S Objecti￿$. 2 Donations & Collections unreStr￿ted Restricted Totsl 2024 Totsl 2023 Gift AA Dona1K)￿S Suths l55 1565 137 1,857 930 413 1,343 930 413 1,343 UnTe$tthtsd Restii¢ted 3 Grants Reeeiyed Totsl 2024 Total 2023 Dery Cty & Strabane Dtstsrt COU￿ll ConDiJllW FoutthtK)n Rura] Area Partner (RAPID) Egknn CoNnxmity 4,648 4,648 3,2C 750 1,497 600 6,047 6,689 6,689 Unrestrfcted Reslrfeted 4 Futhising Totsl 2024 Total 2023 Wojksknp llron Polyttullrl AKor Prth franmg saks 4,312 259 810 26 5,407 4,312 259 810 26 5,407 2,416 244 96 2.756 5 Tn￿tte5 renwnerntion aThl expense$ 6 TrnMaclloA8 Thith trwtse5 a￿1 eonnected peThoThq No tr￿tee or ¢onttcted person were paMI f)r servrLs during ts year.