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2025-04-30-accounts

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ST ANDREWS
Men's Shed
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St Andrews Men’s Shed

Trustees’ Annual Report 1 May 24 to 30 Apr 25

St Andrews Men’s Shed

Scottish Charity Number: SC0048346

:

Address Craigtoun Park, Mount Melville, St Andrews, Fife KY16 8NX Website: www.standrewsmensshed.org.uk

Twitter/ Facebook / Social Media profile name; St Andrews Men’s Shed

The SHED in this report will refer to the St Andrews Men’s Shed.

Objectives and activities

The purpose ofthe organisation is to provide recreational facilities and advance the social needs, health, and wellbeing of men of all ages and backgrounds living in St Andrews and surrounding areas. These objectives will be achieved by

Structure, governance, and management

The charity is a voluntary association governed by its constitution which was adopted on 7 November 2017 and registered with the Office of the Scottish Charity Regulator (OSCR) as a Scottish Charitable Incorporated Organisation (SCIO). The constitution was amended at the AGM on 29 March 2021 to ensure it was compliant with Community Asset Transfer rules i.e., the minimum membership number is now 20 and if the membership falls below 20 the SHED must take all efforts to increase the membership to 20 or above. The constitution was also amended to allow future meetings to be held in person or virtually.

The management and the administration of the charity is the responsibility of the charity trustees. New trustees are recruited from membership, proposed by the trustees, and appointed by the members at an AGM. The SHED is a member of the Scottish Men’s Shed Association (SMSA) and attends regular SMSA hosted meetings of all sheds in Fife to share information on good ideas and issues affecting the sheds.

Achievements and performance

The primary activities over the period were to continue the construction & fitting out of the new Shed at Craigtoun Park, particularly the insulated hub containing the crew room, kitchen, hobby room, toilet & disabled toilet and to continue to raise funds to support the work. This was nearing completion at the end ofthe year. At the time of writing, July 2025, we have received the Building Certificate from Fife Council Building Control! In the previous year, we had successfully applied to Fife Council for funding from the UK & Scottish Governments Levelling Up funding. The award, over £23,000, was used to install solar panels & batteries for power storage. We also successfully applied for funding to expand the battery capacity and next year will instal an Air Source Heat Pump, making us a Nett Zero organization.

hae

Progress was made with the garden project throughout the year as we built a BBQ area and have built Sheds for storage and working. Deer & rabbit-proof fencing was also erected. Members are now enjoying produce from the vegetable plot.

Shed members also undertook a number of activities during the year which contributed to our local communities. These included dismantling & rebuilding a garden shed and recycling an unwanted swimming pool cover which became a covered place to work on our new Shed site.

Financial review

StAMS Income 2024-25 - £96,433

= Subs-4151 = Sales-7338 » Donations-21119 = Projects-200 = Grants-63625

StAMS Expenditure 2024-25 - £98,207

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= Running-5253 = Tools-269 » Fundraising-15246
= Projects-210 « Craigtoun Shed - 77229
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Full financial breakdown is contained in Examined accounts.

4

|

Fundraising for the construction of the New Shed continued during the year 24-25. We successfully applied for over £58,000; since starting fundraising for our new Shed we have raised over £155,000.

The SHED members again attended events ranging from Hidden Gardens in St Andrews, Craigtoun Country Fair, St Andrews Harbour Gala, The Big Hoolie St Andrews Day Market, St Leonards School Xmas & Easter Fairs and Craigtoun Easter Fair. These events are used to sell products made by the members, promote work of the members and canvass for new members. This year’s events takings were 20% higher than last year’s.

In March 2025, we left the site at the Botanic Gardens & sold the workshop containers to St Andrews Environmental Network. This allowed us to repay the outstanding loan.

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I Ga ia Maes SPIE
i’ | | a oe
a z Re ™~sS= SS id
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Top photo Shed in April 2024 and completed Shed in April 2025.

3 |

Statement of the charity’s policy on reserves

The SHED aims to keep £500 in reserve to cover annual insurance bill and 3 months running costs.

Future Plans

The members aim to finish the fit out of the workshops and make the garden area suitable for all users.

Declaration

Signed on behalf of the charity trustees:

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Designation ee|REASORER |
Date +/OF | 25
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Enter SC No. below

APPENDIX 2

Enter charity name below

St Andrews Men's Shed

SC048346

Receipts and payments accounts

Period start date Period start date Period start date Period start date Period start date Period end date Period end date Period end date Period end date Period end date
For the period
from
01
Day
May
Month
2024
Year
to Day
30
Month
April
Year
2025
Section A Statement of receipts and payments
Unrestricted
funds
Restricted
funds
Expendable
endowment
funds
Permanent
endowment
funds
Total funds
current period
Total funds
current period
Total funds last
period
Total funds last
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations 15,271 15 15 15 15,271 11 11,469
Legacies - - - -
Grants 63 63,625 63 63 63 63,625 60 60,619
Receipts from fundraisingactivities - - - -
Gross tradingreceipts - - - -
Income from investments other than
land and buildings - - - -
Rents from land & buildings - - - -
Gross receipts from other charitable
activities 7,538 7 7 7 7,538 6 6,306
- - - -
A1 Sub total A1 Sub total 22,808 63,625 63,625 - - - - - - 86,433 86,433 86,433 86,433 78,394 78,394
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
10,000
Proceeds from sale of investments
A2 Sub total -
10,000
-
Total receipts 22,808
73,625
-
~~—~~
-
-
-
-
-
-
10
-
10,000
96,433
10
-
10,000
96,433
10
-
10,000
96,433
10,000
-
10,000
96,433
-
78,394
-
78,394
A3 Payments
Expenses for fundraising activities 456 15 15,000 15 15 15 15,456
Gross trading payments - - - -
Investment management costs - - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 5,343 77 77,229 82 82 82 82,572 111,831
Grants and donations
- - - -
Governance costs:
- - - -
Audit / independent examination 180 180 180 180 180 180 180 180
Preparation of annual accounts - - - -
Legal costs - - - -
Other Other
- - - -
- - - -
**A3 Sub total ** 5,978 92,229 92,229 - - - - - - 98,207 98,207 98,207 98,207 112,011
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
-
Purchase of investments
-
A4 Sub total -
-
-
-
-
-
Total payments 5,978
92,229
-
-
98,207
112,011
~~——————~~
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year
16,830
18,604
-
-
16,830
18,604
-
-
~~———~~
-
-
1,774
-
-
1,774
-
(
(
33,617)
33,617)
(

APPENDIX 2

St Andrews Men's Shed

SC048346

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B1 Cash funds
B2 Investments
B3 Other assets
B5 Contingent liabilities
B4 Liabilities
Details Unrestricted
funds
to nearest £
8,129
16,830
Restricted funds
to nearest £
18,604)
(
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Cash and bank balances at start of year 8,129 41,746
Surplus / (deficit) shown on receipts and
payments account
1,774)
(
33,617)
(
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details
24,959 18,604)
(
- - 6,355 8,129
-
-

-
Fund to which

-
asset belongs

-
Market valuation
to nearest £
- 0
Last year
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £
-
-
Current value (if
available)
to nearest £
Last year
to nearest £
Details Total
-
Fund to which liability relates
-
-

-
Amount due
to nearest £
Last year
to nearest £
-
Details Total
Fund to which liability relates
- -
Amount due
(estimate)
to nearest £
Last year
to nearest £
Signature Total
Print Name
-
-
Date of
approval

/ Statement of balances

2

December 2007

APPENDIX 2

St Andrews Men's Shed

SC048346

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

Unrestricted Funds from Subscriptions & Sales have been used to cover the Running costs of the Shed, such as Insurance, heating & supplies. Funds raised from the sale of our workshop containers at the Botanics site were used to repay the £10,000 loan from , shown as a Liability on last year's accounts. An unrestricted private donation was used to repay a short-term £5,000 loan from . All the Restricted Funds raised were used in the building and fit-out of the new Shed.

C2 Grants

C3a Trustee remuneration

Type of activity or project supported Individual /
institution
Number of grants
made
£
Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b)
X
Authority under which paid £

C3b Trustee remuneration - details

C4a Trustee expenses

C4b Trustee expenses - details

C5 Transactions with trustees and connected persons

If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)
this box X
Loan
Repayment of Loan
Repayment of Loan
Nature of transaction
Number of
trustees
£
Member /
Member /
Member /
Nature of relationship
Transaction
amount (£)
Balance
outstanding at
period end (£)
Member / Repayment of Loan 10,000
0
Member / Loan 5,000
Member / Repayment of Loan 5,000 0

C6 Other information

/ Notes

3

December 2007

APPENDIX 2

/ Notes

December 2007

4

APPENDIX 2

St Andrews Men's Shed

SC048346

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last
period
to nearest £
Subs from Members 4,151 4,151 3,055
Donations 11,120 11,120 8,414
-
-
Total 15,271 - - - 15,271 11,469
- - - - - -

2 Grants

2 Grants
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Total current
period
to nearest £
Total last
period
to nearest £
Garfield Weston 7,500 7,500 5,000
Fife Council Levelling Up Funds 23,125 23,125 5,000
Morrisons Foundation 6,000 6,000 1,500
St Andrews Ladies Putting Club 2,000 2,000 14,540
St Andrews Community Trust 5,000 5,000 700
Kinburn Trust 5,000 5,000 13,879
Miss A M Pilkington Trust 5,000 5,000 5,000
Fife Council Common Good Fund 5,000 5,000 3,000
Loan from HP 5,000 5,000 2,000
- 10,000
Total - 63,625 63,625 60,619
- - - -

3 Gross receipts from other charitable activities

Unrestricted
funds
to nearest £
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total current
period
to nearest £
Total last
period
to nearest £
Donations for Goods made bymembers or work done 7,338 7,338 5,658
Projects 200 200 648
-
-
Total 7,538 - - - 7,538 6,306
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total current
period
to nearest £
Total last
period
to nearest £
RunningCosts 5,073

5,073









2,978
Tools 269 269 648
- 556
- 99
- -
BuildingNew Shed + Equipment 77,229 77,229 107,550
-
-
-
-
-
Total 5,343 77,229 - - 82,572 111,830.77
- - - - - -

Additional notes (1)

December 2007

APPENDIX 2

SC048346

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts Main StAMS
Account
Unrestricted
fund 4 - enter
name of fund
below
Total
unrestricted
funds
Total
unrestricted
funds last
period
Donations 15,271 15,271 21,469
Legacies -
Grants - 5,000
Receipts from fundraisingactivities - 6,306
Gross tradingreceipts -
Income from investments other than land and buildings -
Rents from land & buildings -
Gross receipts from other charitable activities 7,538 7,538
Sub total
Receipts from asset & investment sales
22,808 - - - 22,808 32,775
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
22,808 - - - 22,808 32,775
-
Expenses for fundraisingactivities 456 456 655
Gross trading payments -
Investment management costs -
Payments relatingdirectlyto charitable activities 5,343 5,343 8,626
Grants and donations -
Governance costs: 180 180
Audit / independent examination - 180
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
5,978 - - - 5,978 9,461
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
5,978 - - - 5,978 9,461
-
16,830 - - - 16,830 23,314
-
16,830 - - - 16,830 23,314
-
Nature andpurpose of funds
Funds have been allocated to the building & fit-out of th e new shed or in day to day running co
loan from H Paul.
sts. A £5,000 Unres tricted Donation wa s used to repay a s hort-term £5,000

Additional notes (2)

December 2007

APPENDIX 3

Office of the Scottish Charity Regulator

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Independent examiner’s report on the accounts
Report to the Charity name
trustees/members of St Andrews Men’s Shed
Registered charity SC0048346
number
On the accounts of the Period start date Period end date
charity for the period Day Month Year Day Month Year
01 05 2024 to 30 04 2025
Set out on pages Following this report (remember to include the page
numbers of additional sheets)
Respective The charity's trustees are responsible for the preparation of the accounts in accordance
responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1) (a) to (c) 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 ofindependent My examination is carried out in accordance with Regulation 11 of the Charities
examiner’s statement 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, | do not express an audit opinion on the accounts.
Independent examiner’s |p the course of my examination, no matter has come to my attention
statement
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
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have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper ched. Signed: Date: 13 CF 25° Name: Relevant professional qualification(s) or body (if any): Address: Fife Voluntary Action Caledonia House, Pentland Park Saltire Centre Glenrothes. KY6 2AL

“Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the