2024-08-31-accounts - Rosyth Men's Shed

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APPENDIX 3 OSCR Scottish Cthrrty Reguth( Independent examiner's report on the accounts Report to the trusteeslmembers of Rosyth Men's Shed Rogistored charity umbgr sc051944 On the accounts of the charity for the period V2 Period start date Morth Peri¢Thd end dale Mgnth Year Oay Year to 01 SEP 2023 31 AUG 2024 Set out on pages [reMnbE[lO Indudelhe page numbèrs of additsW81 Sheetsi Respecti¥e The charty'5 Iruslees are responsible for the preparation of the aGGounts in aGGordance responsibilitiès of with the terrris of the Charities and Trustee Investment (Scotlandl 2005 Act and the trustees and examiner Charitvès Accounts (Scotland) Regulations 2006 {as atrendedl. The charity trustees consider that the audit requirement of Re9ulation 1011 } Id) of the Account5 Regulaknons doe5 not apply. It Is my responsibility to examine the accounts as required under seGliJn 4411 I Icl of the Act and to state whether particular matters have come lo my attention. Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts examiner's statement Regulations. An examination includes a review of the accounting records kept by the tharity and a (x)mparison of the accounts presented with those recc)rds. It also includes consideration of any unusual items or disdosures In the accoltnts 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 rK)t exp$$ an audit opinDn on the view given by the accounts. Independenl examlner's In the coursg of my examination, no matter has come to my attèntion statement which gives me reasonabl• cause lo believ8 that in any material respèct the requirements.. to keep accounting records in gcc¢ydance with secb'on 44111 lal of the 2005 Act and Regulation 4 of the 20CkS Accounts Regulab"ons, and to ppare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulab"ons have not been met, or 2. to which. in my opinion. attention should be drawn in order lo enable a proper derstandin f the accounts to be reached. Signèd Name Relevant professiona qualificationls) or bod (If any) Date: 23ra April 2025 Address "Please d8letethewcids in tha brad(èts rftlw do not apply. 1fthewds t10 apply. set out those matters whKh ha¥e corne to your attenlicm C the following p8ge.

APPENDIX 3 Disclosure section Only complete if the examiner needs to highlight material problems. Give here brlef detsils of any items that the examlner wishes to disclose

Enter SC No. below

APPENDIX 2

APPENDIX 2																	Enter SC No. below
APPENDIX 2							Enter charity name below				Enter charity name below						Enter SC No. below
						Rosyth Men's Shed											SC051499
				Receipts andpayments accounts							ments accounts
					Period start date								Period end date	Period end date
			For the period from	1 Day	September Month				2023 Year	to	Day 31		Month August			Year 2024
Section A Statement of receipts and payments	Section A Statement of receipts and payments
			Unrestricted funds	Restricted funds				Expendable endowment funds			Permanent endowment funds				Total funds current period		Total funds last period
			to nearest £	to nearest £	to nearest £	to nearest £		to nearest £			to nearest £		to nearest £		to nearest £	to nearest £	to nearest £
A1 Receipts
Donations			4,465	40,297	40,297										44,762	44,762
Legacies																-
Grants																-
Receipts from fundraising activities			2,037												2,037	2,037
Gross trading receipts																-
Income from investments other than land	Income from investments other than land
and buildings																-
Rents from land & buildings																-
Gross receipts from other charitable	Gross receipts from other charitable
activities			2,358												2,358	2,358
																-
*A1 Sub total*	*A1 Sub total*	*A1 Sub total*	8,860	40,297	40,297			-	-		-	-	-		49,157	49,157	-
A2 Receipts from asset & investment
sales
Proceeds from sale of fixed assets Proceeds from sale of investments A2 Sub total - - Total receipts 8,860 40,297 ~~SS~~								- -	- -		- -	- -	- -		- 49,157	- - - 49,157	- -
A3 Payments
Expenses for fundraising activities			6,241												6,241	6,241
Gross trading payments
																-
Investment management costs
																-
Payments relating directly to charitable
activities																-
Grants and donations
																-
Governance costs:
																-
Audit / independent examination
																-
Preparation of annual accounts
																-
Legal costs	Legal costs
																-
	Other	Other	Other
																-
															-	-
*A3 Sub total*	**A3 Sub total **		6,241	-	-	-	-	-	-		-	-	-		6,241	6,241	-
A4 Payments relating to asset and
investment movements
Purchases of fixed assets - Purchase of investments - A4 Sub total - - - - - - Total payments 6,241 - - - 6,241 - ~~———————~~
*Net receipts / (payments)* A5 Transfers to / (from) funds *Surplus / (deficit) for year*		2,619 40,297 - 2,619 40,297 - ~~===~~											- -	42,916 - - 42,916 - ~~>>~~

APPENDIX 2	APPENDIX 2	Rosyth Men's Shed	Rosyth Men's Shed			SC051499	SC051499
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 £	Restricted funds to nearest £	Expendable 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	6,023				6,023
	Surplus / (deficit) shown on receipts and payments account					-
						-
						-
	Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Details	6,023	-	-	-	6,023		-
		- 2,619	- 40,297	-	-	- 42,916		-
			Fund to which	Fund to which	asset belongs	Market valuation to nearest £		Last year to nearest £





	Details			asset belongs	Total Cost (if available) to nearest £		-	-
						Current value (if available) to nearest £		Last year to nearest £









	Details			Total Fund to which li	-		-	-
					ability relates	Amount due to nearest £		Last year to nearest £





	Details			Fund to which li	Total ability relates		-	-
						Amount due (estimate) to nearest £		Last year to nearest £



					Total		-	-
								Date of approval

Annual Report Spreadsheet - 2024.xlsx / Statement of balances

December 2007

APPENDIX 2

Rosyth Men's Shed

SC051499

Section C Notes to the Accounts

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

Type of activity or project supported	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)
Authority under which paid		£

C4a Trustee expenses	If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)

Number of trustees £

C4b Trustee expenses - details

C5 Transactions with trustees and connected persons	Nature of relationship	Nature of relationship	Nature of transaction	Nature of transaction	Transaction amount (£) Balance outstanding at period end (£)	Transaction amount (£) Balance outstanding at period end (£)

C6 Other information

Annual Report Spreadsheet - 2024.xlsx / Notes

December 2007

APPENDIX 2

Rosyth Men's Shed

SC051499

Additional analysis (1)

Analysis of receipts and payments

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 £
Corproate Donations	2,899	40,297			43,196
Local Donations	1,566				1,566
					-
					-
Total 2 Grants	4,465	40,297	-	-	44,762	-
		- Restricted funds to nearest £	-	-		- Total last period to nearest £
					-
					-
					-
					-
Total	-	-			-	-
		-				-

3 Gross receipts from other charitable activities

	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 £
Members VoluntarySubscriptions	2,358				2,358
					-
					-
					-
					-
					-
					-
					-
Total	2,358	-	-	-	2,358	-
		-	-	-		-

4 Payments relating directly to charitable activities

4 Payments relating directly to charitable activities
	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 £
					-
					-
					-
					-
					-
					-
					-
					-
					-
					-
					-
Total	-	-	-	-	-	-

Annual Report Spreadsheet - 2024.xlsxAdditional notes (1)

December 2007

APPENDIX 2

Rosyth Men's Shed

SC051499

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts	Unrestricted fund 1 - enter name of fund below Rosyth Mens Shed Working Account 4,465 4,395 8,860	Unrestricted fund 2 - enter name of fund below	Unrestricted fund 3 - enter name of fund below	Unrestricted fund 4 - enter name of fund below	Total unrestricted funds	Total unrestricted funds last period
Donations	4,465				4,465
Legacies					-
Grants					-
Receipts from fundraising activities	4,395				4,395
Gross trading receipts					-
Income from investments other than land and buildings					-
Rents from land & buildings					-
Gross receipts from other charitable activities					-
*Sub total* Receipts from asset & investment sales	8,860	-	-	-	8,860	-
					-
Proceeds from sale of fixed assets					-
Proceeds from sale of investments					-
*Sub total* *Total receipts* Payments	-	-	-	-	-	-
	8,860	-	-	-	8,860	-
					-
Expenses for fundraisingactivities	6,241				6,241
Gross trading payments					-
Investment management costs					-
Payments relatingdirectlyto charitable activities					-
Grants and donations					-
Governance costs:					-
Audit / independent examination					-
Preparation of annual accounts					-
Legal costs					-
					-
					-
*Sub total* Payments relating to asset and investment movements	6,241	-	-	-	6,241	-
					-
Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
					-
		-	-	-	6,241	-
					-
		-	-	-	2,619	-

					-

		-	-	-	2,619	-
					-

Nature and purpose of funds

Annual Report Spreadsheet - 2024.xlsxAdditional notes (2)

December 2007

APPENDIX 2

Rosyth Men's Shed

SC051499

Additional analysis (3)

6 Breakdown of restricted funds

Receipts	Covid Recovery Fund 40,297 40,297	Restricted fund 2 - enter name of fund below	Restricted fund 3 - enter name of fund below	Restricted fund 4 - enter name of fund below	Total restricted funds 40,297 - - - - - - - 40,297 -	Total restricted funds last period
Donations	40,297				40,297
Legacies					-
Grants					-
Receipts from fundraising activities					-
Gross trading receipts					-
Income from investments other than land and buildings					-
Rents from land & buildings					-
Gross receipts from other charitable activities					-
*Sub total* Receipts from asset & investment sales	40,297	-	-	-	40,297	-

Proceeds from sale of fixed assets					-
Proceeds from sale of investments					-
*Sub total* *Total receipts*	-	-	-	-	-	-
	40,297	-	-	-	40,297	-

Payments

Expenses for fundraising activities					-
Gross trading payments					-
Investment management costs					-
Payments relating directly to charitable activities					-
Grants and donations					-
Governance costs:					-
Audit / independent examination					-
Preparation of annual accounts					-
Legal costs					-
					-
					-
*Sub total* Payments relating to asset and investment movements	-	-	-	-	-	-

Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
	- 40,297 40,297				- - - 40,297 - 40,297 -
		-	-	-	-	-

		-	-	-	40,297	-

					-

		-	-	-	40,297	-

Nature and purpose of funds

This money is restricted for use in the development of the Rosyth Men's Shed permanent site in Kings Road, Rosyth. As soon as the Planning Application has been approved this money will be used to install buildings and associated utilities.

Annual Report Spreadsheet - 2024.xlsxAdditional notes (3)

December 2007

APPENDIX 1 oscr,- Period start dale Month Period end date Month Y*8r Y8ar To IJ1 21Y23 31 Aug 2024 Office ofthe Scottish Charlty Regulator Reference and administration details Charlty nam• Othor namos charlty Is known by Reglstered charlty number Charfty's prlnclpal address Rosyth Men's Shed SC051944 115a Queensferry Road Rosyth Postcoda KY112SP Name8 of th& charlty trustaes on data of approval of Tru8tses' Annual Report Name of person (or body) entltled to appoknt trus (11 TNstee name otfice (If any) Datgs actsd If not for vihol• y•ar Committee Chaimian Committee Vlce Chalman Committee TreaSur 10 11 12 13 14 15 16 17 18 19 20

APPENDIX 1 Reference and administration details Names of all other charlty trustees durlng the perlod, If any, (for example, those who reslgned part way through the financlal perlod) D8 a¢l•d11 notfor vthol• y Structure, governance and management Type of govemlng document Constitution Rosyth Men's Shed is a So)ttish Charitable IncorF(srated Organisation (a scio). It was registered in its cuThenl legal fomi on 22 August 2022. The charity was previously an uninc4)rporated association but changed its legal form to a SCIO. The assets of the unincorporated association were transferred to the SCIO on 1 Septemtr 2022. It has a single tier structure and as such the trustees are tha members of the chaiity. Trustse r8crultment and appolnlmont Th8 Management Commftiee, whlch normally meeis on the Tlrst Thursday ol each month, are the charity's Iiuslees. We also have Trusiees who are not members of the Management Committee. This ensures representalion from eVerye involved with the Rosyth Men's Shed. In accordance with the Constitution, Truslees hold office for three years after whlch Ihey Wt Ihemselves foNard lor re-electlon at Ihe AGM Objectives and activities Charllable purposes - Provide a safe space for men to enjoy each oknr's company, indulge in a r2nqe of activities, be Creative and leam new skills. - Meet and chat with other men over tea, cx)ffee and pul the world lo - Boost a feeling of setf-worlh through contributing to communty projects, working in partnership with other local organisations, assisting each other and enjoying fvn and friendship. Summary of the maln acllvltles In relation to these objects - Holding twlce weekly meengS so that members can gather and talk over anything that may be affectlng them or the local communty. We also host sessions at our temporary workshop in North Queen9fery. - Carrying out t&am building projects within the local ¢ommunlty. Creating artg 2nd crafts for sale in local marketg - Train members on using tools to help th&m beme MO nffident In wort¢inq wood. - We also carry out tralninq wlth new members on how to Uge the wort(shop equipment. We also oave instruction on wCdwolnq to a number of special needs people which helped increase their personal self- confidence.

APPENDIX 1 Achievements and performance Summary of thè maln achl&v&mènts of Our membership Continues to grow, albeit slowly. We have been hindered thè chadty durlng thé flnanelal pgrlod in member growth ag we are yet lo mve into a pem)anent site in Rosyth. We still await approv21 for our Planning Appliixtion on land identffied by us and Fife Council. We Currently have neady 40 members and know thal our membership will increase onr w& have a proper base in Rosyth As our explolts a documented In Facebook we attract a lot of attentlon from organlsatlons and residents looklng for assistance. Our effotts wthln tha Workshop are provlnq to be very Fryular wlth our garden furnlture maklng and bespoke pen tumlng belng very well received. We took part In the Chrfstmas tree Inltlauve In conjuncuon wllh the Rosylh Communlty Councll. Our metnbers s0 helped the Rosyth Parish Church with their natNity scene inslallatK)n. Our fundraising efforts are fccused raisiro money tcJether to build 8 pemianent home for this charity in Rosyth. This has been very productive wf(h donations received from various sources We partnered with St John's Primary Scholl to pnt 2 classrooms while other funding was mt avallable lo the schcK)I. Our members supplled assistance to the Rosyth Gala over 3 days. Jobs varied Irotn stall building, distnanlling and tnarshalling on the day lo ensure smooth runniw and an en}Vable experience for visitors. Financial review Brlef sLit8m•nt of the charlty's pollcy on r6seNes We have no reseNes. All monles received are being saved to allow us to open a pemanent site wlthln Rosyth as soon as we have a lease for land that has be¢x*me available. We are womng wth Flfe Councll to see thls happen ag expeditiously as possible.

Detalls of any deflclt Donalod fa¢llltlos and sorvl¢os (If any) APPENDIX 1 Other optional information

Declaration The trustees declare that they have approved the trnstees. report above. Slgned on bèhalf of the charlty's trustees Slgnature(s) Full name(s) Posltlon {8.g. Chalr) Truste8lCommittee ChaImn Prfnc4pal Trusteelcommlttee Vlce Chalmian Dats 21 Apr2025 21 Aprll 2025

f•EN. Rosyth Men's Shed Trustees, Annual Report Period 01 Sep 2023 to 30 Aug 2024

Charity contact information

Rosyth Men’s Shed

Scottish Charity Number: SC051944

115a Queensferry Road Rosyth Fife KY11 2PS

Email: enquiries@rosythmensshed.org.uk Facebook: www.facebook.com/RosythMensShed

Charity Trustees

Name all of your charity trustees for the period, and the date they left if they were not in post for the whole year

Objectives and activities

Purpose of the Charity

The Men’s Shed movement exists to promote general wellbeing, continuing education and a healthy lifestyle for all men 18years old and older. The aims are to:

Provide a safe space for men to enjoy each other’s company, indulge in a range of activities, be creative and learn new skills.
Meet and chat with other men over tea, coffee and put the world to rights.
Boost a feeling of self-worth through contributing to community projects, working in partnership with other local organisations, assisting each other and enjoying fun and friendship.
Although Men’s Sheds are predominantly aimed at men, women may also join and take part in shared sessions.

Activities

Our primary activities are the meetings of our members to fulfil the purposes of the charity. Apart from the Thursday gathering we hold sessions at the workshop in North Queensferry, making various items and generally having a great time in each other’s company.

We currently have nearly 40 members and know that our membership will increase once we have a proper base in Rosyth. We meet once a week at the Parkgate Community Centre, drinking too much tea and putting the world to rights. We have a great time in each other’s company and those attending get genuine enjoyment out of these gatherings. A couple of times a week we also get together at the temporary Workshop in North Queensferry where many things are created and sold to help raise funds for the Shed.

We also work within the community on various projects to the betterment of those living in Rosyth and surrounding areas.

You will get a good understanding of our success in the Achievements and Performance section later in this report.

Structure, governance and management

Constitution

Rosyth Men’s Shed is a Scottish Charitable Incorporated Organisation (a SCIO). It was registered in its current legal form on 22 August 2022. The charity was previously an unincorporated association but changed its legal form to a SCIO. The assets of the unincorporated association were transferred to the SCIO on 1 September 2022.

It has a single tier structure and as such the trustees are the members of the charity.

Trustee recruitment and appointment

Some of the Management Committee, which normally meets on the first Thursday of each month, are also charity’s trustees. We also have Trustees who are not members of the Management Committee. This ensures representation from everyone involved with the Rosyth Men’s Shed.

Membership of the management committee is open to all members of the Rosyth Men’s Shed.

In accordance with the Constitution, Trustees hold office for three years after which they put themselves forward for re-election at the AGM.

There must be a minimum of three and a maximum of four trustees.

Achievements and performance

We have had a very busy year carrying out many projects in the Rosyth local community and fundraising through the sale of items made in our workshop.

As our exploits are documented in Facebook we attract a lot of attention from organisations and residents looking for assistance.

The efforts of the members in the Workshop are very popular within the Rosyth Community and beyond. For example, we held an open day at the workshop which was well attended.

We installed a Christmas tree on behalf of the Rosyth Community Council and erected the Nativity Scene for the Rosyth Parish Church. Both activities were well received by the local community.

We partnered with St John’s Primary Scholl to paint 2 classrooms while other funding was not available to the school.

Once again, our members supplied assistance to the Rosyth Gala over 3 days. Jobs varied from stall building, dismantling and marshalling on the day to ensure smooth running and an enjoyable experience for visitors to the Gala. A couple of members also assist at the monthly Community Market held on the last Sunday of each month.

Our fundraising efforts are going quite well focusing on the day to day running of the Shed and saving money to implement the move to our permanent home in Rosyth in as timely a manner as possible. These efforts have been very productive with donations received from various sources. We also continue to take voluntary subscriptions from our members at our various meetings.

We have improved our skills on the tools at the workshop and have managed to add Laser Engraving to our portfolio.

Our members all enjoy learning new skills and working together.

6 ~~a~~

The Woodworking, Pen and Spurtle making skills have been very productive in our fundraising efforts and we have had success with sales at the local Community Market.

We had a very interesting project at the beginning of 2024, assisting the NQ Community Trust convert the bow of an abandoned boat into a shelter for visitors to the pier.

The Rosyth Community Hub, Eats Rosyth, asked for assistance in carrying out some alterations within the café area. As always, we were up for the challenge and helped the changes to the layout of the Customer Service area.

Finally, let’s not forget that we are not just a hard working group at the Shed. We also enjoyed a few social events including our ever-popular Bowling Competitions. We have had some great nights at the bowling alley in Dunfermline.

Financial review

This is our second year as a fully incorporated charity.

We have several sources of income. Voluntary Subscriptions are paid by members if they wish. There is also fundraising through donations for work carried out and from sales at the local market. We have also received donations from local companies. We did receive a donation from the COVID Recovery Fund, however, this funding is restricted to the implementation of the permanent home for the Rosyth Mens Shed within Rosyth.

We now have a committee member who is a very focused Fund Raiser and has helped keep the roof over our heads with his efforts.

Statement of the charity’s policy on reserves

We have nearly £40,000 that may be classed as reserves. However, this money is a restricted donation received from the COVID Recovery Fund and can only be used for the implementation of the permanent site in Rosyth

Details of any deficit

There is no deficit in this reporting period

Donated facilities and services

The Rosyth Men’s Shed occupy a workshop at the North Queensferry Marina, rented to us by the North Queensferry Community Trust. Our plan is to give this back to the North Queensferry Trust as a thriving workshop for the local community when we move to our permanent home in Rosyth.

Future plans

Our primary focus is acquiring land within Rosyth so that the Rosyth Men’s Shed can have a permanent home.

Our work within the local community continues to grow and long may that continue.

We have built many good relationships with other Men’s Sheds and companies. This is proving to be very beneficial and is essential in achieving our goal next financial year.

Statement of Income and Expenditure for the year ending 31 August 24

Declaration Signed on behalf of the charity trustees: Print name Designation Date 11