Regred Charity Numbèr SC048621 Report of the Trustees and Unaudited Financial Statements for the Period 1 st September 2020 to 31 st August 2021 for Braemar Men's Shed
Braemar Men's Shed Corrtants of the financial S&ements For the Period 1st September 2019 to 31st August 2020 Reportlo the Trustees Indopgndent ExIne$ Rep¢yt Statement of Receipts and Payments Slernent of B#l*¢gs 1to2 Not•sto thè Financld Stat•m•nts
Braemar Men's Shed Rewrt d the Trustees the Perlod 1st Septanber 2020 to 31st August 2021 The tru$tse8 present their reportwth Ihe statements Dfthe ¢harity forlhe period 1st September 2020 to 31stAugust 2021. OBJECTIVES AND ACTMTIES The organisation's chAble purpose is to alleviate lonefjness and Fsolati¢)n of elder mèn lamhough not xclusivelyl within the Braemw Village and SUITO{ng area. The purpo wi15 be theved by providing mentsl and physwl s•muD thrwgh s(Ki intertion and parbc4pating in ejoyJle act.be$. ACHIEVEMENT AND PERFORMANCE Tthe Braemar Men's Shed continugsto dosed dvptothg CLYonaMrLk4 Lockdthyn on 24th March 2020. A group of five to eight men played ¢S)nNnoes and chatted In the crew room, whilsttwo to three tsthers tidied up the workshop and undertook persona projects. Hans for a further recruitment drive are currenly on hold. r ILKal Ctrop store adopted us as e oftheirthree ¢*wiies to benefftfrom thew communttyfund we TeceNed a PayTnI of£947.80 in 6 November 2020. We submitted an application toth• Brdemar Ftytho CommuNty Grant S¢hem• for 8 atts eovércosts for machineryfor our workshop. Thhs w& ¥roved received 14 September 2020. FINANCIAL REVIEW R•servÈs Pollcy Tho not inrne forth¢ period amounled to £1,833 has been dedtwth as show in the Statom¢nt of R•e•ipts and Payments. Th• Mt¥)tttime of £1.833 rdatts as £888 to generd funds and £945 to restithd fvnds. Reserves Df the Trustare that tOf Ihe fundsthat are fredy avaiiaile and excludes 1h05e restrFcted funds and those funds which cwld lY be redised by the disposal offixed assets hdd forthe Trttsts use. Reserves at 31stAugustwere £1.627. The Trusvs policy regardng genera reseNes tsto tytt) maintstn a rrinlmum level ewating lo six onths operating The levd of reserves al 31st AU$t 2021 ¢onsider&d to be satisfactory. The Trustees ensure that rèserves avalable to meet Ihe oblipton of all reStrd funds.
Braemar Men's S Report th the Trustses for the Perd 1st September 2020 to 31st August 2021 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Document Th¢ ch¥iry is controlled by ts gvverning drnent the wnsbiub"on, ps a S¢ottish Ch¥itsble lrtorp¢)ratéd Organtsation. Recrultmentand appolntment of newtrustee5 Trustees are nomin*d by the exisb.ng tnjstees of Braemar Men's Shed. newboard mernberi8 given xcess to the ffiles and gven a Ggpy of the governoig document The MmuM number of 1nthes at anytime is fv?. ts minimum is three. REFERENCE AND ADMINISTRAMVE DETAILS Reglstered Charlty Nunther SC048621 Prlnclpal Address 17 CMOre Road Br0ernar Aberdtrenshire A835 5XG TTUStees Char IFrd•pendent Exawlner (>trv¢ Engneewing arA¢¢ountsrry Resour¢¢s D"rrxled Bankers Bank ol SCoUd The Direct Busines5 Bk PO Box 1000 BX2 1LB Approved by order ofthe Board of c- 412--P 2ey2 an4 s. ed on behalf by.
Braemar Men's Shed Independent Examiners Report to the Trustees for the Perfod 1st September 2020 to 31st August 2021 l ieport on the accounts for the perioj 1st Septemter 2QO to 31st August 2021 set out on pages four to si Respectlve responslbllltles of trustees eLlllner The charrtys trustees are respx)nsiLle for the preser)tation of the arunts in acr¥)rdance th8 t8rms of the Charities aThl Trustee Investrnent (Scotlandl Act 2(¥J5 and the Charities Accounts Iscotlandl regulations 2(K6 lag amended) The chartys tre8S ¢onsider that the audit requirement of Regulation 1(rf1llal to Icl of thè Aount$ Regulatsons e$ not apply. It ts my resp)nsit¥ty to examine the a¢Ly)unts as wuired under Section 4411)Icl of thè Act and to state whether F4rtiGul¥ matters the Gome to my attentbon. Basls of the independent examiner's rewt My examination wa8 cartied ¢ut in accordance with Regulatic 11 of the Chariti& A¢xounts (Sccandl Regulatio 2006 las amended). An exarninatic in(knes a rewew of the 8ccountiry records kept by the Gharity and a (omparison of the ac0(nts preserrted yth those Tecotds. 5t also i1 consideratx)n of ay unusual ems or di$¢losures in the a¢nts, atTrJ seekirg exltsnations fr{ you as tntstees ¢on¢eming any Such matters. The procedures uTrJetsken do not provKle ¥1 the evKlen¢e that woukl r11 in an audit. and consequentiy I do not express an audtt opinion on the viewgNen the accfjunts. Independenl examlnefs statement In the eour8e of my exaMinaln. no maiter has e4)me to my attention" 1} Which gives me reasonable (zuseto txlieve tw in any maten.al resFXCt. the requirements - to keep untirJ records aCcCdance vrfth SecticK) 4411Xal of the 2CQ5 Act RulatIOn 4 of th8 2W6 Accounts Regulatim,. an - to wepare accounts which accx)rd the a(Xnting recofds aTrl to compty Vhth Regulation 8 of the 20C6 Ac¢ount8 Regulation$ have not been met,. or 21 to which, in my opinion, atterthon shwld be drawn in dertO enat4e a Fmper urKY8rstandiry of the accounts to be reached. Date.. 17th March 2022
Brnemar Men's Shed Statement of Receipts and Payments forthe Perfod 1st September 2020 to 31st August 2021 Period 01.09.20 31.08.21 Total Funds Uniestricted FurKI Restricted Fund INCOMEAND ENDOWNMETrS FROM Donab'or6 I Sales Grants Charitable Activrbes Total 60 NET INCOME I{EXPENDITUREI RECONCILIATION OF FUNL)S Total funds brought foThvard 739 37 776 TOTAL FUNDS CARRIED FORWARD 1.627 982 2.609
Braamar Men's Shed ststement of Balances A5 at 31 August 2021 2021 Total Fund5 Unrestrlcte d Fund Restrleted Fund CASH FUNDS Cash 8nd bank balane•s at start ofytar SurpSus I Ideficitl shown C receipts payments wurit Cash and bank IJalanc aterKI of year 169 7T6 94S 1,833
Braemar Men's Shed Notes to the Flnan¢lal Statements for the Period 1st September 2020 to 31st August 2021 1 Basis of preparing the financial statements The fnancial statements have been wetBred on the Receipts aThJ Payments bas in acCdanCe with the Charities & Trustee Investment IScotlar¥Jl kt 2(JJS and the Chartiies Accounts IScotlaTrJl Regulation$ 2006 las ameThJed). 2 Nature and purp)seof fund8 Fund Accountlng Unrestricted furKls tran us&J in accord¥r itti the charttabk ot111Ve5 * the dEcretion of the truste Restricted can onty be used f4X rIular restrided F4YFOSes NMthin the 0.eCts of the charity. Restrictions arise %%knen sCIfij by the dor[ or vknen funds are rdBed for particular restricted 3 Relat•J Party Transactions No remuneralKin was paid to the trttstees or any conneded Fer¥ons durirg the financial period. Unrestricted Fd Reslri¢Xed Fund Total Funds 4 Donati¢)n$ Sales Unrestrthd Fd Restriced Fmd Total Furn1s 5 Grants Braemar Hydro Grant Cfyop Crant 945 1893 Unrerpcted Restricted FuThJ Fund Total Fund5 6 Cost of Charltsble Actlvltes Light and Heat Cleaning stationery Printing Insurance Repairs and Maintenance Accountsncy Fees 60 60