Forth Valley Men's Shed Trustees, Annual Report & Statement of Accounts th Year Ending: 30 September 2024 Charity Number: SC048701 -Irustees' Annual Report & Statement of ,Iccounts foi. the )'ear Ended 30, Septcmher 2n24 'he Trustees of Forth I'alley Men's Shed have mueh pleasure presenting their Annual Report and Sstatemenl of b inaneial Aetivity for year elided 3uih September 2024 Charity Details: Charity Name: Forth Valley Men's Shed Charity Number: SC048701 Registered Address: Unit S 8, Ward Street Alloa FKIO IER Trustees Summary of Impact Over the past year, Forth Valley Men's Shed has made a significant impact in our community Siipporting 50 + members in reducing social isolation and improving mental well-being. t)el ivering 12+ hi)ii rs of hands-oii aLtivities, Skills training. and %oLial engagement. Strcngthcning partncrships with IYIIS, local sehools, and C'lacks Louncil. expanding our reaLh. Raisiiig funds through fundraisin8, cnsuring sustainabiliiy for our programs. Applying for an asset transfer that will provide a pernian¢nt space for futur¢ activities. ThLse achi¢vem¢nts demonstrate our commitmenl to fostering Lomn)unity spirit. improving health and well-bcing, and empowering individuals through mcaningtul projLLIs. Structure, Governance, and Management: Forth Valley Mcn's Shed is a Scottish Charitable Incorporated Organisation , gov¢ni¢d by a board of trustces responsible for strategic direLli()ii and finclncial oversight. I'riistcLs arc Llcctcd nnually, and rcgular mcvtings ensur¢ coiiiplianLe wilh OSCR guidLlinLS and charily bLst pracliLes. Trustee Recruitment and Appointment: During ili¥ ycur. forth Vallcy. Mcn's Shed li, ￿:ngagement. W¢ hilV¢ .Str¢iigihcn¢d r)ur r¢lati()ii%liip with l()cal c)rgani7.alii)ns. inLliidingF Clacks Council's Conimunity I,Larning l)LpartmLnt, hosting sccondary school pupils to cnhance their skills and Lonfidence. 3. Partnerships ContraL'ts: We have sLLurLd turthor wntracts with ihc NHS and Alva Primary SLhool, rcinf()riing ()ur r()IL' as a valuabl¢ c()nimuiiity resource. 4. b'iindrAising And MArket Presence: We Iiavc atlLnded Iiical IniirkLt%, %Llling craft% made b), mLnibLr%. (ind succLsstully increased awareness aiid fiiianLial su%laiiiabil ity. 5. liucecsyful Open Day: Our opcn day in Ni)VLnihLr altra¢tcd over l 00 ait¢iid¢¢s, li()wLasing our work and atlraiting) new members and volunlcers. 6. facility Im pr()vem en(l> We IiuvL bLL'n aLlivcly fundrai5iiig io i()ver ()p¢r£iliiinal LOSI8 5LILli as reni (£90111mi)nth), utilitie%, a trailer and tow hitLh, portable licating, aild an Iipg?raded kililieii Key Recognition: We pr(?ud 10 51iarL lliat our LlidInii￿ was awardcd Ilic Local Hero Award. presenied al the Sci)Iti$h Parliament by 1115 ￿lajesty the Kiiig Her maje.sty the Queen. 'fhis presligi()us reLogiiilion highlighis the incredible dedication and impact ot. Fortl) Valley Men's ,Sh¢d ivithin the Lominunity. Achievements and Performance: During the financial period. Fortli Valley Men's Shed Ii(1S made sigiiificaiit progress in del iveriiig its objcllives aiid expaiiding ils impaLI wiihin th¢ Loniniunily. KLJ, aLliiLvcmLnts includc- l . A.8set "I"ransfer Progress: We have advanced negotiations t.or securing a pennanent base through an asset Iransfcr, cnsuring a sustainable future for th¢ charity. 2. F.xpansion of Community En%agement: SlrLngthincd rLlationsliips with local partncrs, illknliidiiig CldLks Ci)unLiI' s C"oinniLinity l.Liiniiiigp l)L'partiiient. Lnabling us lo siipport seL()ndary 4chool piipi18 in developing praLtical skil Is and confideiice. 3. New Partnerships and ('.ontracts: Secured additional contracts with thc NHS and Alva l)rimary School. demonstrating our growing rcputatioii as a trustcd community resourLc. 4. F undraising and Sustaiiiahility: SuLLc%%fully parliLipatLd in loLal markets. inLrcasing awarL'llCSS 1)I' ()ur w()rk and gL'iiLraling additi()nal fuiids Iliroiigh Lraft salLS. 5. 6•uccessifiil Open l)ay; Hubtld an upcn d(iy in NovembLr. allriiLling ovcr l 00 attcndccs and increasing comniunity involvement. 6. FAciltty Improvements: RaisLd tiliids t.or esscntial opcralional costs. including rent (£9001iiiontli l. iitililiLs, a trailLr and tow hitLh for matcrial iransport. portablL healiiig, and kitLhen iipgrades. 7. V'oliiii tel'r CNr(bwth: Increased our volllllteer base. bringing in skilled individuals to support and Lnhaiice lh¢ Lliariiy 5 aLliviliL'S. 8. Ilealth and Wellbeing Impact: Pr(IvidLd a safL, wclcoming space for members to Ll)mbdl s()Lial isol2< tion. dcvelop new skills. iiiid improve mLnlal wLII-bcing tl)rougli hands-on activitics and social ii)tcraLlion. Objectives and Activities: The charity aims to advance health and wellbeing by providing a safe and supp()rtive space wli¢re men can engage in meaningful aLtivilies, share skills, and Lombat soLial tsolation. Key Actii'itieq And Aehievements: 7. ,Isset I"ransfer Progress: Significant strides have been made in seci)ring an &%set Iransfcr, wliich will allow us to expand our opcrations and in￿o1Ve tlle wider community iiiore clT¢Llively. 8. C()mm unit), Engagemeiit: Wc have slreiiglhcncd our r¢lati()nship Nvith loLal cirgaiiizations. iiicluding Clacks Ci)IinLiI' s L'()mmunity l_carniiig l)Lpartmciit, hosting s¥¥oiidary school pupils to cnhanL¥ thcir skills and c(iiifidcncc. 9. Partnei'ships and C'.ontract5: Wc havc sccurcd furthcr LOlltruLts ￿'11h lh¢ NF IS aiid Alva Priinary %Lh()Iil. rLinf()rLing) uur n)le as a valuable Loniiiiunity re%()lir￿. l O.Tr undraisingi Hn(J ￿larket Preseiice: Wc havi attcndcd loLal niiirkLts. selling craft8 made by iiienibers. aiid SULLcsslull J, iiicrL&sed aiwarcnL's% and linanLial SLislaiiii< bility. I l.Su¢cessfiil Open Dav: Our opcn day iii Novcmbcr altraLted ovLr l 00 allLiid¥cs. showLasiiig our work and allraLlii)g nLW members and voliintccr%. i ? Tr'arilily lin i)ri)vein enls: WL havc bccii aclivcly lundraising t() ￿)￿.￿r c)pLralional coqtq IILh rLiII (£901)/ni()iiih ), util itics. a trailcr and tow hitLlI, portable hcating. and ali Finance FORTH VALLEY MEN'S SHED- INDEPENDENT EAMAINER'S REPORT 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) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(I) (a) to (c) of the 2006 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. Basls of independent examlner's statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Re8ulations. 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 8ny 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 view given by the accounts. Independent examiner's statement In the course of my examination, no matter has come to rny attention [other than disclosed below'] 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 to prepare accounts which accord with the accounting records and comply with Regulation 8 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. FORTH VALLEY MEN'S SHED PROFIT AND LOSS ACCOUNT- 01 OCT 2023 TO 30 SEPT 24 BALANCE BIF lat 01 Oct 231 19,414.71 INCOME GRANTS 13,293.53 SALES 5,613.78 TRANSFER FM CIA 2,520.00 DONATIONS i.DOO.LK) RE-CREDITS 318.46 VM CA5HBACK ZZ.33 MISC TOTAL 22,773.10 22,773.10 42,187.81 EXPEN UR RENT 7,141.56 UTILITIES 1,817.47 SURVEY 1,140.00 INSURANCE 339.11 RENKIT 388.85 LOCAL STORES 961.30 SHOWSIJ GRAY 804.50 SCREWFIX 560.65 AMAZON 1,177.47 PAYPAL 1.101.51 TOOLSTATION 241.26 CONTAINER RENT 150.00 TRANSFER TO PETFY CASH loo.00 PHONE 60.110 MISC 4.0￿3.03 TOTAL 119,992.71} 119,992.711 BALANCE AT END FY23124 22,195.10 Plans for the Future: FiiiJlisiiib IIIL as5¥1 Irai)5fLI 10 5LxiirL a PL'n)iaiieiil base for oiir a¢livilies. Expillidiii¥p scrviccs lo calLr to a broadcr dLino&TrapliiL wiiliin Il)¢ coiiimunily, Slreiigtheniiig paniicrships wiih local COLuicils and coinii)Iinily groiips. EiihsUi¢ili¥ liindtaisiiib? iffons lo L'iisufL Iuiib-ILnll 5uslainabilily. Declaration: The Iiiislecs deLliir# Ilial Iliey liav¢ ¢ippioved Iliis repoi'l Éiiid Loiifini) Ilial il Loiiiplies wilh Ilie re(ILiireiiiei)Is of 1151.11