Shettleston Men's Shed (SMS) (SC045115) Receipts & Payments Accounts 1 April 2023- 31 March 2024 Sbetili'slun Mc'n'% I%M%). ¢il"l(). knitish ('.h4ri1fv No: (SC(MSI15 ipl¥ & l)#b'm¢nls *>iali'mi•ni Aeeounls Ilijril 21123 iii J l ￿lAri h 21124 C onlent¥ Tru¥ii*' Ri'pibrt R¢¢eiply & PMymenl.s S>ialem¢&nl l*tL'ment i)r IndependeNI F.x*minL•r'¥ Niitii¥ l)rgani4J#tiiin#l l)I,l-iil C'onl#ct Pi'r%i*n 'irk¥in Nl(>ni'v IlaiilliL%tiin Ilrmnih Indi'pcnili'ni F.x#mincr'¥ l)c'tMil Shettleston Men's Shed (SMS) Trustees, Report For Financial Year l April 2023- 31 March 2024 Introduclion SMS is a %mdll Scollish Charity ISC045115). and a SC"IO operating in Cilenerdllv and more particularlv ￿'11h IhL'ir l.L'dminb? & RL'generation OutcomLs. h()I4'l￿l'r H'L. LiintinuL' to ￿ inelig?ible for mainslrLam funding from this body due lo ils ongoing commitments to giroups alread). funded I"he vLar has been one or rurther reductions in ihe funding environmenl and il has beLn diflicult for the giri)up io access new, or additional resource%. with the e.¥ceplion ol- £ 9.600 from Ihe GlaSgTo￿ W,ell-￿1ng, fund lo help ￿1th the long Icmi Lonsequences of Coi'id. and £ ?50 trum ihe Ba)nLS C'harithble .1 Thsl and donalions from Ihe public and our fundraising. Ike had tried lo mainlain a Lonsislenil), high ser¥'icc duL io th¢ cc)mmiiment and heal), input from our pool ol. rLgular volunlecra. We h4lV¢ continued io be the local tK)ini lor Lcimmunilv men s aclii'ities in the area. in eonjunclion with our partners. (icc. Cjl&sgo￿. Life. ShLiileston HA. JII(A. (JKC. hdl'L worked to inforn) local residents ol" developmenls in lernis ol- rLgJLnernlion in iheir area which they mav ￿ able to influence. We are slill looking forward io continued success in ihe developmcnt of the seTh'ices Vie have planned from thc Mcn s Shed and delivering ￿,ha1 our users require to promole thcir coni]nuL￿ ix'nefii. ￿1th liiilL or no publicilv our membership conlinucd Ic) giroM" mainlN &s a result of wOrd￿(_M0uIh recommendations and participalion in the larger events of oiher groups and agencies. ¢ii4tem¢nt of Responsibilities of Members "I"he committee meM￿rS are resw)nsibl¢ for the preparation of the accounts t.or each financial )'ear w'hich giives a true and lair revie￿, of ihe slate ol"affairs at the Lnd of ihe l'ear and of its rcsults lor thai peri￿. In preparing Ihose accounts the memlrrs arc required io: SelL￿1 suitable accouniing EK)licies and ihen appli. Ihem consistcntly. MakL' judgJ¢meni.% and Lslimales thal are reasonablL' and prudcnl. StJlL ￿'h¢'th¢r appli¢ablL' accounlingy standards hai'e been followcd. Prcparc ihc account5 on ihe going concern b&sis unlcss il is inapproprial¢ Ic) a￿UMe that the scheme Hill conlinue. The commillee members are resFK)nsibl¢ for kLX'pinb prO￿r accounting records which disclose wtih reasonablc acLura¢v ai anv lime thL financial position of the project artd ￿'hICh N'ill cnablc thcrn to compl). ￿'11h dLLuuniinb' procedures of The Law Reforn) l Miscellaneous Provisions) {Scoiland) Acl 199(l and 'l'hL. C'hdriliLs Accounts (Scoiland) reglulalions 19g? As J %LI)Ilish c.11￿11￿ IhLN' musl (115() ¢oI)Ipli' with the Jpplicahl¢ IL"rm% and pr(Tr￿ is1(Jn% (?1" IIIL L'liariliis & 'l-rii%lLL' IniL%lnienl l%ci)Ilandl ALI ?1111S. ciiid IhL C'hKiriliLS IILLounls ISLI)Il(Indl IIL'guldlion% 2006. ThL'V arL rLsponsiblL lur salLg)uardin tIIL as%Lts ol- IhL ()rgi4inisaiion and hLncL lor lakingi rL'dsonJhle steps Ic)r the prLventi()n and dLILLliiiii ol. Irliiid or oihLr irrcgiularilics. W¢ shall Lonlinue l() wc)rk i() dcliver the succcssful &s%i%tdncc and hclp rL'quirL'd i)ur sLr%'iLL' uK'rs lo ihL con8islenily high slundard w¢ hdve hL'LomL fLnownL.d fL)r. Wc wnuld al80 likL l() takL this I)p￿)nUnitY lu thank vur voluntL'Lrs and uppurtL'rn Iri)m IhL wh()Ic c()niniuiiitv fi)r IhLir hiird work Ihr()ughoul Ihu y'l'ar. II'L arL PiiriiLuldrl¥ indLhiLd l() ShLiIIL'%li)n I IA l()r il% LonlinuLd and un%linling' upwrt ol. thL pfojL¥I. Lind lo thLir W'idLr KiTrl¢ ()IIiLL'r. ' j"p:'Il i)n ￿￿..1 I. nl. %MS ru%leL. 1)411L I I)/1 I)194 Shettle6ton Men'8 Shed SMS Receipts 8 Payments Account Statement 1 April 2023 to 31 March 2024 2023124 2022123 Receipts Grants Credits 250 E5.L. Lommunity Fund Main Grants GCC inc. Wellbeing Fund Kiltwalk Donationg & Fundraising inc. Members Tea Fund Othei Inc. memberdonationslLegacie51P.C. returned Loyds TSBIHOF Foundalion Scotlandlcomic Relief Rebates ret¢Jrned suppliers. inc rent overpaid SHA Amati Global Olhor Iiic PA Advocacy, B Lewis FT 8741 96C¥) 175 1039 ioio loo 2392.85 750 V-VP &*uiiiiiiunity Fund ASDA ioio Total Iqeceipts 11064 15761.35 Payments Rent IPayments to SHA Water Rates staff Sessional Volunteers Property Refurbishment Stationery & ITC Equipment & Consumables Open OaylLaunch Costslchristmas Lunch Volunteers 6174.72 5049 26 4tKJ 1594 25 489.58 537.97 1692 3 42B.2 8ank Char9es & other lees Inc Men's Shed Fees Ins Tele¢oms Inc. website payments Governance & Trustee Expenses 453.39 AlarmlFire & H. S. Payment5 Tiips, tran5POrt and events other equipment Inc. alarm Install Payment to Upkeep Via SHA for Covid Cle4n•ing Total P¥yment$ 162 255 740 9383.27 9018.15 Surplu5 (Deficiti 1680.73 6743.2 1011012024 IOJIOI2024 All fund5 are restrictL.d to tho purpostr rJised for. Shettleston Men's Shed ISMS) Statemtrnt of Balances year endlng 31 March 2024 2023124 2022123 Openlng Bal 1 Aprll 2023 SurpluslDelicltl for year Clo8lng Balanc• as at 31 March 2024 14034 7291 1681 15715 6743 14034 Tangible Assests 759 Current Assets Debtors Cash in hand at Bank 1571S 14034 Total Assets 16359 14793 Not Llab515tles Creditors amounts failing due wthin l year Creditors arnounts failing due morts than 1 ye8r Net liabilitses Deprgclatlon 161 lis Total net worth of Charity CIFWD to 1 April 2024 16198 14678 All fund5 are restTlcted to the purpose ralsed for. rer 2110812023 2110812023 Independent Examiner's Notes on Shettleston Men's Shed (SMS) Receipts & Payment.s .Statement l April 2023- 31 March 2U24 italement ijf Res onyibilitie8 of Trusteey & I nde endent F.xuminer ThL Lharil) s truslees arc resFMinsiblc fnr Ihe preparation i)I' the acLount.% in acc()rdance with the ILm)s ol. IhL C'hariliL'8 -1 InvL'slmcnt ISL()Il(Indl 21)115 A¢1 and th¢ L hllrilics ALLI)unls (Scotland) RL'gyuI(Ilions 2(1116. '1'hL ch(Irily IrustLL% LonsidL'r that the audil rL'quirL'meni ol- RL'gJulali()n 101 I ) Id) ()l- Ihc Ac¢i)uni% RLgpulalj()n% doL's not iippl). li is my rc%ponsibililv lo cxaminc thL a¢LC)unis rL'4uir¢'d undLr sLLlion 44{1) {c) ol. thL Act und io slalL whLther partilular miillL'rs havL ¢om¢ lo my allLnlion. Ila.¥i.i of inde endenl ex#mincr'i itatcment M). Lxamin4illC)n is ¥arriLd oul in acLordancL with RL'giulalion I l of Ihc C'huriliLs ALLC)unls ISL()I1<￿dl RLgiulali<)n4 ?{111(i. An CXiiniin4ilii)n in¢ludL's u r¢viLw ()I' thL clLcounlingi rLC()rds kLpI by IhL Lh¢irily un(i u Ll)mp(Iris()n ()l- IliL' aLL()unl.% prL'SL'nl¢d wilh Ih()%¢ rL'cord%. li also inLludLs Lon.%idLrali()n ol- aiiy unu%uul ilLms ()r disclo%urL'S in IhL' accounts and %L*.ks explanalii)n% Irom Ihe IruslL'L% Ll)llLLminb) any such mallLr%. 'I'hL' prL)LL.durL% undL'rtakLn d() n()I pri)I'idL all IhL' ¢'vidcncL Ihal wi)uld be rL'quirL.d in an audil and, Loll%L4uenily. I d() n()1 Lxpr¢'%% dn diidil iipinii)n lin thL ilLLI)unls. Indi. i'ndent t1￿miner,9 8t#lement In IhL ci)ur%L' ()I' my cxaininali()n. no mallL'r ¥()mL lo my allLntion which giiVL% ML re&%i)nablL' Lause Ii) beli¢ve Ihal in any malcrial rL'spect rL'quifLillLni%'. Ii) k¢'¢p dL¢()unlingJ rLLI)rds in accordanLe with section 4411) (a) ()[ thc 2005 ALI lind R¢guldlion 4 of Ihc 2006 Accounls Regiulali(Ins. and Ic) prLPdfL aLI(Trunt% whiLh acLI)rd with IhL aLcounlingy rL'LI)rd.% and Lc)mply wilh RLgulalion g ol"thL' 2006 A¢Lc)unl% R¥¥ulatii)ns have not beLn met, or ? Iii which. in my npinion. allenlton should be drdwn in order to enable a pri)PLr und¢r%ianding c)I' IhL' dCLC)unls to bL' reachL'd. Intribduttion SMS ]% a small Scotlish Charily (SC045115). and a SCIO operalingj in the F.ast End of (ilasyow. In this F inancial Year il receivL'd funds tulalling £ 11.064 in )riqnts and donations. 1kne group s tolal expendilurL' was £ 9.38.3.27 wi(h a surplus of £ 16¥0.73 belween rLceipls and paymLnis. whiLh ihe group carriL.d rorward io the following, year. I ha￿L. L'.xamin¢d the lin￿cial reLords. lellers ol a￿ard. pay ins and t￿￿n￿l1urL of the &prL)up li)r the ￿riCKl dnd find them to L(IrtC%TX)nd with th¢ir RLILiPt5 Pil)'mL'nls siatLmLnis IUT ihL y"L'ar undLr eonsidLration. With s￿￿111¢ ￿terence to this ￿cOunting, period l %hould jw%l likL' 10 siaic Ihal alier examinalion af the giroup s Iinancial record.s I hal'e nn specilic rLLomm¢ndaiions lo makL" re￿￿dINg the group's meth(Kls of rLYording ()r accounling prdclice as thev all conforni to the slalutory rcquiremcnts for an org¥anisation of its $17£ and nalure. Further no oihcr i55ue5 of concern were raisLxl in ￿). periincni m¢ltier with regard tv SMS'5 aLLounts lur ihi5 Ve