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2025-06-30-accounts

Peebles and District Men’s Shed

Receipts and Payments Accounts for period ended 30[th] June 2025

Scottish Charity SC048226

Page 1

Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period
Period start date Period end date
Day Month Year Day Month Year
From 1 07 2024 To
30
06 2025

Reference and administration details

Charity name Peebles and District Men’s Shed Other names charity is known N/A by Registered charity number SC048226 Charity’s principal address c/o Iain Edward Coates 55 Whitehaugh Park Peebles Peeblesshire Postcode EH45 9DB

Names of the charity trustees on date of approval of Trustees’ Annual Report

Trustee name Office (if any) Dates acted if
not for whole year
Name of person
(or body) entitled to
appoint trustee (if
any)
1
2
3
4
5
6
Dr Iain Coates Chairman N/A
Mr Malcolm Bruce Secretary N/A
Mr Les Silk N/A
Mr Steve Prince Treasurer N/A
Mr Neil Mason N/A
Mr Lawrence Fairbairn N/A

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name Dates acted if not for whole year
None -

Page 2

Structure, governance and management

Type of governing document
Trustee recruitment and appointment
Peebles and District Men’s Shed is a Scottish Charitable Incorporated
Organisation (SCIO).
The structure of the organisation consists of:
The Members – who have the right to attend members’ meetings
The Board – who hold regular meetings and generally control
the activities of the organisation.
The individuals who signed the charity trustee declaration forms which
accompanied the incorporation of the organisation were deemed as
charity trustees with effect from the date of incorporation of the
organisation.
At each AGM the members may elect any member to serve as a charity
trustee for a term of three years, the charity trustees elect the office
bearers.

Objectives and activities

Charitable purposes
Summary of the main activities
in relation to these objects
To provide recreational facilities and advance the social need, health and
well-being of members of all ages and backgrounds living in Peebles and
the surrounding areas by

Creating, developing and maintaining a Men’s Shed.

Offering opportunities for members to undertake creative,
physical, purposeful and recreational activities of their choice.

Reduce isolation of members in the area thus contributing to
their physical and mental wellbeing.

Developing the capacity of members in the area to share skills
and knowledge with others in the community.
Providing a supportive and welcoming environment in which the
members can meet and share their concerns, interests and skills with
one another and contribute to the benefit of the wider community.

Page 3

Achievements and performance

Summary of the main achievements of
the charity during the financial period
The Men’s Shed has continued to assist local voluntary groups wherever
possible. This has included the construction of ten Pine Marten nest boxes
to a standard design and remedial work on outside play materials for a
local children’s nursery. In addition other smaller projects have been
supported and assistance offered to members of the public to repair
various items. Members have also been involved in the construction of
their own personal projects
The number of members attending each session is back to the levels
before lockdown. Currently an average of 15-20 members attends each
session.
Wood turning is increasingly popular amongst members and three lathes
are now in regular use to produce bowls and pens. A variety of other wood
working projects are underway as members have continued to expand their
skills.
The 3d printers have continued to be used to good effect. A number of the
members use these machines to complete projects and produce
components to repair items. CAD skills are used to model 3d objects and
subsequently use the printers to create the objects.
Railway modelling continues to be an active interest of some members
although much of the interest has concentrated on the assembly of rolling
stock and engines.
Some limited interest in electronic construction continues to be supported
and stained glass work is now being tried.
The shed is open on three days each week.
Fortnightly Zoom calls have been maintained over the past year to allow
those who are still uncomfortable meeting face to face, or those who are
unable to access the shed to remain in touch.
Membership has continued to grow throughout the year and the local
community is interested in the progress of the shed.
The future of our existing premises is limited so we have sought to obtain
an alternative site. The Hay Lodge Depot, premises owned by Peebles
Common Good Fund, would provide a suitable alternative. After extensive
campaigning and public consultation it was finally agreed on 25thAugust
2024 that we could rent these at an initial cost of £10 per week with an
initial lease period of ten years. This is dependent on us obtaining
Planning Permission for a change of use. It was recognised that the
premises would need considerable work to ensure that it was fit for our
use and extensive work has been undertaken to seek the relevant
planning permissions. The lease has still to be agreed.

Page 4

Financial review

Brief statement of the charity’s policy
on reserves
Details of any deficit
Donated facilities and services (if any)
The shed must retain sufficient funds to meet the annual rental charges
of the premises where members meet and ensure that we have sufficient
reserves to cover liability insurance and to meet the purchase of new
and replacement equipment and the materials required to ensure that we
have a fullyfunctioningMen’s Shed.
None
None

Other optional information

In early June 2025, Borders Council have identified a potential structural issue with the joists supporting the ceiling of one of the key areas of the Hay Lodge Depot and have consequently suggested that an area on the upper floor will be excluded from the lease. This raises serious concerns for us and will need to be resolved before we can agree to progress with the uptake of these premises. Work to resolve these challenges continues. In the interim period we will continue to operate from the Peebles Community Hub.

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

==> picture [487 x 188] intentionally omitted <==

----- Start of picture text -----
Signature(s) I Coates Steve Prince
Full name(s)
Iain Coates Steve Prince
Position (e.g. Chair)
Chairman Treasurer
Date
16 September 2025 16 September 2025
----- End of picture text -----

Page 5

PEEBLES AND DISTRICT MENS SHED

Income and expenditure for the year ended 30th June

2025

Income
Members Standing Orders
Members Donations
Christmas Meal Donations
Peebles Astronomical Society
Auction Sale
Genisis Theatre
Refunds
Branded clothing
Total Income
Expenditure
Rental
Operating expenses
Relocation expenses
Christmas Meal
SMSA annual subscription
Greenwood Moreland Insurance
Equipment/Machinery
Branded clothing
Total Expenditure
Surplus/Deficit for year
BALANCE SHEET AS AT 30 JUNE 2023
Balance brough forward
Surplus for year
Cash in Bank
Machinery & Equipment
Net Assets
2024-2025
2023-2024
£4,656.00
£4,531.00
£1,006.10
£1,314.00
£255.00
£86.07
£123.36
£500.00
£30.55
£521.90
£6,714.55
£6,309.43
£6,000.00
£6,000.00
£754.98
£1,691.93
£1,321.20
£498.70
£25.00
£202.53
£197.53
£2,526.44
£915.69
£521.90
£11,352.05
£9,303.85
-£4,637.50
-£2,994.42
£21,873.49
£24,867.91
-£4,637.50
-£2,994.42
£17,235.99
£21,873.49
£1,000.00
£1,000.00
£18,235.99
£22,873.49

Page 6

’ Independent examiner s report on the accounts V2

Independent examiner’s report on the accounts V2 Independent examiner’s report on the accounts V2
Report to the
trustees/members of
Registered charity
number
On the accounts of the
charity for the period
Set out on pages
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:

Peebles and District Men’s Shed
SC048226
Period start date
Period end date
Day
Month
Year
Day
Month
Year
1
07
2024
to
30
06
2025
1-6 (remember to include the page
numbers of additional sheets)
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 whetherparticular matters have come to myattention.
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.
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
understandingof the accounts to be reached.
Yvonne Elliot
Date:
15 September 2025
Yvonne Elliot
3 The Loanings
Peebles
EH45 9JT

Page 7