Trustees Annual Report
for
Kelso Men’s Shed SCIO
for the period
to 30[th] June 2026
Scottish Charity No: SC047275
Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Index**
|Page|3|Reference & Administrative Information|
|---|---|---|
|Page|4|Trustees Annual Report:|
|||Structure Governance & Management|
|||Objectives & Activities|
|Page|5|Achievements & Performance|
|Page|6|Financial Review & Statement of Trustees|
|Page|7-8|Annual Accounts:|
|||Page 7 Receipts & Payments Account|
|||Page 7 Statement of Balances|
|||Page 8 Notes to the Accounts|
|Page|9|Independent Examiners Report|
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Reference & Administrative Information**
**Charity Name:**
Kelso Men’s Shed SCIO
**Scottish Charity No:**
SC047275
**The Charites Principal Address:** 26-38 Roxburgh Street KELSO TD5 7DH
## **Charities Trustees on date off approval including office held:**
Chairperson Ian Fairnington from July 25 Treasurer Stuart Smith from Dec 25 Secretary Veronica Saunders from June 26 IT Manager Nigel Cliffe from Oct 25 Trustee Gordon Euman from July 25 Trustee Anne Woodcock from June 26 Trustee Patrick Stewart from June 26 Trustee Ken Wolf from July 26
## **Names of other trustees during the period:**
William Pratt John Basstt Robert Stathe Brian Fairbairn Jon Pritchard
## **Independent Examiner:**
Sue Bennett ACIE 21 Dounehill JEDBURGH TD8 6LJ
## **Bankers:**
Bank of Scotland PO 1000 BX2 1LB
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Structure, Governance & Management**
## **Governing Document:**
The Charity is a Scottish Charitable Incorporated Organisation (SCIO). It was registered 27[th] March 2017. It has a two-tier structure with an Open Membership.
## **Trustee Recruitment & Appointment:**
The Board of Charity Trustees (Also known as the management committee), meets every four weeks. Membership of the management committee is open to all members, with elections by the membership at the AGM. There is a minimum of three trustees and a maximum of eight trustees. The management committee can appoint members to vacancies up to a maximum of six and can also co-op up to 2 non-members based on their skills in between AGMs.
## **Objectives & Activities**
## **The Charities Charitable Purpose:**
As set out in the ‘Constitution’ and ‘The Charities and Trustee Investments (Scotland) Act 2005’ the purpose(s) of Kelso Men’s Shed SCIO are the following: -
- the provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended
- the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
Any other purpose that may reasonably be regarded as analogous to any of the preceding purposes.
## **Summary of the main activities in relation to these objectives:**
The charity's objectives in relation to the above are to provide recreational facilities and advance the social needs, health and well-being of men of all ages and backgrounds living in Kelso and surrounding areas, by:
## 1) Creating, developing and maintaining a facility namely a Men’s Shed.
2) Offering opportunities for men in the Kelso area to meet and undertake creative, physical, purposeful and recreational activities of their choice.
3) Reducing isolation of men in the area, thus contributing to their physical and mental wellbeing.
4) Developing the capacity of the men in the Kelso area to share their skills and knowledge with others in the community.
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Achievement & Performance to June 2026**
In October the shed nearly had to close down due to a lack of volunteers coming forward to be on the committee or on duty. Fortunately, we were able to recruit a new committee and get it fully operational by the beginning of December. Since then, the new committee has been busy catching up and dealing with the administration needed to keep the shed open.
We set about decluttering and reorganising the spaces. Making the premises safer, more welcoming and freeing up workspace. Luckily, we managed to recruit a fantastic set volunteer, who have done a brilliant job in not just maintaining our hours of opening, but almost doubling them from 6 to 11 sessions week by opening in afternoons, weekends and evenings.
Our membership has increased from 195 last year to 230 and recorded attendance has improved by 17%.
In addition to that we have been raising significantly more funds by selling items in the shop, online sales and by making items to order. Detailed figures are in the financial report. As well as increasing our sales on line, we have been also increased our online presence with more posts about what we are doing on Facebook.
We have had several successful projects making things for the community. Just recently members were at the High-School helping the kids to make bird boxes. We have also helped fix bird boxes for the Swift group. Before then a team made planters for Ednam village to a tight deadline. Currently there is an order of planters for Heiton in progress. We had a fantastic arts and craft fair. Boiler suits were swapped for smart jackets and it all looked very fancy! Visitors commented that they particularly enjoyed talking to members about the work on display.
We are currently involved with new project at Heatherslaw Mill. Renovating a mill barrel with hand tools.
Members have made posts in WhatsApp groups, on Facebook and commented in person that there is a good, friendly atmosphere in the shed. This is how we hope to continue achieving our primary aim, which is to support people’s mental health and social well-being.
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Financial Review**
## **Statement of Reserves Policy:**
The Trustees aim to maintain a working reserve of 3 to 6 months running costs.
## **Details of any deficit:**
There is no financial deficit this year.
## **Details of Donated Facilities & Services:**
The Charity benefits from the time given by all the Trustees to the running of the Charity, including monitoring, supervision and meeting times.
## **Statement of Trustees Responsibilities**
The members of the Charity must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Charity during the financial year. The members of the Charity are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charity at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006.
They are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Ian Fairnington Chairperson
Dated:
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## Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Receipts & Payments Account Year Ended 30th June 2026**
|**Receipts & Payments Account**
**Notes**
**Receipts**
Donations
Other Charitable Activities
**1**
Grants
**2**
Bank Interest
**Total Receipts**
**Payments**
Expenses from Charitable Activities
**3**
Independent Examination
**Total Payments**
Net Receipts/(Payments)
Transfer between Funds
**Surplus/(Deficit) for Year**
**Statement of Balances**
**As at 30th June 2026**
Balances at Start of Year
Surplus/(Deficit) for Year
Balances at End of Year
**Other Assets**
See note|**Un**
**Restricted**
**Restricted**
**Funds**
0.00
0.00
15,677.95
0.00
0.00
500.00
1,940.00
0.00|**Total**
**2026**
0.00
15,677.95
500.00
1,940.00|**Total**
**2025**
3,533.64
9,414.99
6,800.00
1,637.72|
|---|---|---|---|
||17,617.95
500.00|18,117.95|21,386.35|
||3,678.69
627.23
175.00
0.00|4,305.92
175.00|10,596.98
175.00|
||3,853.69
627.23|4,480.92|10,771.98|
||13,764.26
(127.23)
0.00
0.00|13,637.03|10,614.37|
||13,764.26
(127.23)|13,637.03|10,614.37|
||**Un**
**Restricted**
**Restricted**
**Funds**
60,028.95
127.23
13,764.26
(127.23)|**Total**
**2026**
60,156.18
13,637.03|**Total**
**2025**
49,541.81
10,614.37|
||73,793.21
0.00|73,793.21|60,156.18|
|||31,598|31,598|
## **Liabilities**
No Outstanding Liabilities
Financial Statements approved by the Charity and signed on its behalf by:
Signed: ......………………………………………………………….
Stuart Smith - Treasurer
Dated: ...................................................................
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Notes to the Accounts**
|||**2026**|**2025**|
|---|---|---|---|
|**1.**|**Other Charitable Activities**|||
||Sale of Manufactured & Donated Items|15,677.95|9,414.99|
|||**£15,677.95**|**£9,414.99**|
|**2.**|**Grants**|||
||Berwickshire Charity|500.00|0.00|
||Scottish Borders Council|0.00|6,800.00|
|||**£500.00**|**£6,800.00**|
|**3.**|**Expenses from Charitable Activity**|||
||Broadband & IT Costs|482.55|390.66|
||Window Cleaning|0.00|148.00|
||Cleaning Items|288.80|18.62|
||Stationery|0.00|9.99|
||Web Domain|0.00|8.99|
||Insurance|900.76|828.40|
||Bank Charges|40.47|0.00|
||Repairs Replace & Improvements|551.55|0.00|
||Health & Safety|324.71|0.00|
||Training|100.78|0.00|
||Tea Break|45.40|0.00|
||Machinery, Tools, Materials etc|1,570.90|9,192.32|
|||**£4,305.92**|**£10,596.98**|
## **4. Trustee Remuneration and Related Party Transactions**
The Trustees did not receive any remuneration or expenses during the year.
## **5. Nature & Purpose of Funds**
The statements of account for the year show the financial figures for the Charity. Grants received are restricted for the sole use of the Charity and its running costs.
The balance of funds is made up of the following:
Bank of Scotland – Treasurers Account 21,724.41 Chairty Bank – (Acc Number 10112304) 51,940.00 Sum Up (Balance Due) 128.80 **Total £73,793.21**
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Notes to the Accounts cont’d**
|**6.**|**Assets of Kelso Men’s Shed SCIO as at 30th June 2026**||
|---|---|---|
||Opening Balance 1stJuly 25|31,598|
||Additions 2026|0|
||Closing Balance as at 30thJune 26|31,598|
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Annual Report & Financial Statements for the year ending 30[th] June 2026 Scottish Charity No SC047275
## **Independent Examiner’s Report on the Accounts**
Report to the trustees of Kelso Men’s Shed SCIO Registered charity number SC047275 On the accounts of the charity for the period to 30[th] June 2026 Set out on Pages 7 to 8
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signed:** Sue Bennett
Sue Bennett 21 Dounehill Jedburgh TD 8 6LJ
**Date:** ................................................................
## **Relevant professional qualification(s) or body:**
ACIE & Dip Business & Finance
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