REGISTERED COMPANY NUMBER., 05280336 {England and Wales)
REGISTERED CHARITY NUMBER: 1108488
HMM ARTS LTD
A COMPANY LIMITED
TEE
RUSTEE
'RE
RT
UNAUDITED FINANCI
NTS
FOR THE YEAR END
202

_t_ 

f 

## **HMM ARTS LTD** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** 

|||**Page**|
|---|---|---|
|**Reference and Administrative Details**||1|
|**Trustees' Repor**|2|<br>**to**8|
|**Independent Examiner's Repor**||9|
|**Statement of Financial Activities**||10|
|**Statement of Financial Position**|11|<br>**to**12|
|**Notes to the Financial Statements**|13|<br>**to**28|





HMM ARTS LTD
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDEO 31 MARCH 2025
TRUSTEES
H Bal5 Chair
N J Green
M J W Griffiths
H O'connor (resigned 17.11.25}
P M W Pack (resigned 13.6.241
G J Partridge
N Slawson (resigned 17.11.251
J H Thomas {resigned 12.4.24}
TJ Hunl (appointed 9.9.241 (resigned 17.9.25)
L Jones (appointed 4.4.24)
K M Miller lappointed 9.9.24)
K L Worrow {appointed 7.5.24)
A S Wagner lappcinled 7.10.25)
O Voropai
CHIEF EXECUTIVE OFFICER
S K Jennings
REGISTERED OFFICE
The Hive
5 Belmont
sh￿WSbury
Shropshire
SY1 1TE
REGISTERED COMPANY
NUMBER
05280336 (England and Walesy
REGISTERED CHARITY
NUMBER
1108488
INDEPENDENT EXAMINER
TCA {Shrewsburyl LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY1 1ED
SOLICITORS
Hatchers
25 Castle Street
Shrewsbury
Shropshire
SY1 1DA
BANKERS
CafBank Limited
PO Box 289
West Malling
Kent
ME19 4TA
Page 1

HMM ARTS LTD
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2025. The Iruslees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Praclice
applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
We will continue to build on our achievements and deliver positive outcomes for our beneficiaries. our
community, and our partners.
Ourcore outcomes ￿maIn central to our mission..
To help people feel posilive and more confident.
To enable individuals to feel confident in being who they are.
- To encourage valuing collaboration and working wilh others.
To support the development of resilience.
Our Purpose
The Charitable Company's purposes are set oul in the objects contained in the Memorandum and Articles of
Association are..
"to advance education in the arts by the establishment and maintenance of an arts centre for the benefit of
children and young people."
OurVi8ion
HMM Arts Limiled's vision is." Thriving creative communities.
Our Misslon
The Hive provides a safe path to personal and community growth. Our projects and events transform lives
through inspiring, inclusive, creative experiences primarily in Shropshire, T81ford & Wrekin and beyond.
Our Stratagic Prioritles
1. To pioneer high qualty creative activities
2. To showcase the impact of C￿ativity to health and wellbeing
3. To create an inspiring, safe, and effective organisatton.
Our Values
Our working culture is led by the following values.
Non-judgmental
we focus on the potential and opportunity, with an open mind and focus on diversity
Community-centered - we focus on nurturing belonging
Collaborative- we focus on sharing and being stronger together
Adventurous - we focus on leaming, experimenting, and challenging ourselves lo do new things Empowering
- we enable meaningful, posrtive change
Key Growth & Development Aims
- Aim 1.. More People- Reaching more and new people and working in new ways with them
Aim 2.. More Stability- maintain and increase financial slability and surplus
Aim 3. More Profile recognised and widely known as a reliable, exciting innovative place to work with
Young People
Our Objectiv•s
The objectives of the Charity as defined in the current business plan are..
1. Artistic Programming More people have access to high qualty arts experiences, especially children,
young people, and young adults
2. Learning. participation. and engagement More people can develop their skills, knowledge, and creative
talent, especially children, young people and young adults. and vulnerable and marginalized communities
Page 2

HMM ARTS LTD
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
3 Evaluation and Research - The positive impact of creative activity in changing people's lives and especially
children. young people, and young adults, can be articulated
4. Communications and Marketing More people know about the high-quality arts and creative experiences
available to them, enabling them to access these as either audience members or participants. especially
children, young people, and young adults
5 Capacity and Finance - By increasing its own organisational capacity and financial position, the Charity is
reaching more audiences and beneficiaries, whilst also making a posilive contribution to the creative sector
6. Advocacy and Partnership-working - Creation of new partnerships which will help the Charity to improve its
delivery and performance, as well as contribute to the overall development of the creative sector. More people
can access creative activities and are able to access creativè activities and are able tc express themselves
regardless of their life situation, health, financial situation, gender, age, or any other defining aspect
Strategies for achleving objectives
The Charity seeks to achieve these objectives through activities that include, Projects focusing on delivering
social impact through creative and arts activity
Providing opportunities for skills development and education through creative activity Artistic prc43ramming
and audience development
Providing creative facilrties and outreach opportunities Partnership working and sector deveb)pment
The Trustees review the aims, objectives, and activities of the Charity each year. This report looks at what the
Chsrrty has achieved and the outcomes of its work in the reporting period. The Trustees report the success of
each key activity and the benefits the Charity has brought to those groups of people rt is set up to help. The
review also helps the Trustees tc ensure th81 the Charity's aims, objectives, and activities remained focused
on its slated purpose.
The remainder of the annual report covers the activities in more detail.
Arts Council England (Project Grants.. Cumural Invesligators, and Ampljfy)
Children In Need {Parachutesl
Shropshire Council Virtual School (Looked After Children's Bandbuild projects)
Shrop5hire Council {HAF Grant}
- Shrewsbury Town Council {Communty Grant and Lccal Councillorfs Grant)
- The National Lottery Heritage Fund (Hidden Waterways)
. The National Lottery Communiiy Fund IMYCollege)
In setting objectives and planning for activities, the Tfuslees have given due consideration lo general
guidance published by the Charity Commission relating to public benefit, including the guidance 'Public
benefit. running a charrty IP82)'.
Page 3

HMMARTS LTD
TRUSTEES. REPORT
R THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charitsble activities
The year 2024-25 has presented both challenges and opportunities for The Hive The launch of our Save The
HNe campaign highlighted the significant financial pressures faced by arts and COTnmunity organisalions
nationally, while also demonstrating the signrficant strength of local support for our work. Despite these
challenges, The Hive has continued to deliver high-quality, impactful programmes that make a tangible
drfference to the lives of children, young peopl8, and the wider community. Looking ahead, our focus is on
consolidating organisational resilience, diversifying income streams, and strengthening strategic partnerships
to ensure long-term sustainability. We remain committed to delivering measurable oulcomes that enhance
wellbeing. confidence, and social inclusion, while embedding creativity at the heart of community and
individual development Through continued collaboration. sound governance, and a clear strategic vision, The
Hive will ensure it remains a valued and effective contributor10 the region's cultural and social landscape.
Following the Covid19 pandemic prompting a move to online delivery for a large proportion of our projects,
The Hive has moved back to in-person delivery of our projects. both in-house at our venue, and outreach in
other venues. We have been encouraged by the support of our audiences, ané in Ihis period the interest in
both audience attendance and foom hire has increas8d to and at times, surpasseé pre-pandemic levels.
Successfully delivering creative projects across a range of art forms to the benefit of children. young people
and young adults from challenging circumstances including young carers, looked after children, young people
with mental health issues, NEETS. those at risk of offending. young adult asylum seekers, LGBTQ+ young
people, and rurally isolated young people. These projects were delivered in partnership with Shropshire
Council, Shrewsbury Town Council, Telford & Wrekin Council, New Reflections, Telford Young Carèrs.
Shropshire Virtual Schools, Shrewsbury Colleges Group, Shropshire Autisrn Hub, Shrewsbury University
Centre, Shropshire PACC, The Children's Society, Telford Collage, Bel￿$ Lifehouse, and Shropshire Youth
Association, among others. In addition to this the Charity has also provided non grant funded services to
organisalions working with vulnerable groups, especially children, young people. and young adults.
Support from Shropshire Council Arts continued within this period, providing funding for the Our Footprints.
Our Lives, Our Deaths project, In partnership with homeless people from across Shrewsbury and surrounding
areas through The Ark, another local charity The project explored the invisible and unheard stories from the
homeless, working with professional artists people experiencing homelessness worked creatively to explore
their thoughls and views around death and dying to develop athork with poetry.
Arts Council England - our Cultural Investigators project gained momentum during this period, bringing in
numerous project partner organisations and linking wrth cohorts of young people and individuals who have
attended aclivities at The Hive and have gone on to have successful careers in the creative industries.
All projects have included opportunities for skills development and learning, which ensures the staff team and
creative workforce keep their training up-to-date and have the opportunity to share best practice with their
peers.
Developing the vision and mission. The Board and staff team continued to revisit our vision, mission, and
strategic aims from the 2021-2024 business plan. The CEO is applying for funds to contract an experienced
arts consultant and coach to work on the next business plan, and also lo facilitate sessions with the team and
Board, to guide through stages of reviewing the new business plan and help with tracking progress.
Developing The Hive's Trustee Board. In looking to replace these boaré member5 the CEO and Board Chair
have discussed skills that were fell to be needed to compliment the current board members and help develop
the charity Recrurtment during the Covid pandemic was challenging, but successful. The organisation is
working towards recruitment of a young Board member and ensuring our governance is more representative
of a contemporary United Kingdom in relalion to disability, race, and socio-economic background.
Over the reporting period we providerJ numerous opportunities at Ihe Hive for children and young people,
including holiday artjcraft, filmmaking, and musicmaking workshops, and Buzzy Beals,. our weekly
musicmaking session for under 5s.
In this period, The Hive continued to employ a young person as Venue and Projects As51Stant who originally
joined The Hive as an Intern through the DWP Kickstarter initiative.
Page 4

HMM ARTS LTD
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
ReseNes policy
The income of the charity is divided into restricted, and general {unrestrictedl funds in accordance with charty
legislation. The restricted funé represents money given to the organisation for specific project or strategic
work.
The Trustees. policy in respect of the monies held in the General fund is influenced by:
- forecast of levels of income in the ensuing year.
- forecast for expenditure in the ensuing year based on planned activty, and
an analysis of any future needs, oppcrtunities, contingencies and risks, the effects of which are not likely to
be met from planned expenditure.
The Statement of Financial Activities shows that the total funds of the charity have increased during ihe year
due to a net income of £12,100, bringing total reserves to £89,585 (2024.. £77,485).
The charity aims to hold enough free reserves to cover 3-6 months. worth of average expenditure. The free
reserves are the unrestricted funds less any unrestricted fixed assets and any designated funds At the ené of
the year the free ￿SerVeS stood at £38,54912024'. £1,032).
Golng concern
After making appropriate enquiries The Trustees have a reasonable expectation that the Company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue to adopt the going concern basis in preparing the financial statements. Further details regarding the
adoption of the going concern basis can be found in the accounting policies
Page S

HMMARTSLTD
TR
TEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
FUTURE PLANS
Ourstrategic and operational priorltles forthe coming period include:
Continuing to develop and refine our business plan, wrth a particular focus on fundraising, strategic growth,
and programme development.
Expanding and strengthening programmes of activity in collaboration with partners across Shropshire.
Telford & Wrekin, and the wider region.
Playing a leading role in discussions and negotiations regarding commissioned services and developing
strategies Io sustain and enhance delivery lo our beneficianes while exploring innovative ways ofworking
Deepening our connections with local communities across Shrewsbury and Shropshire, embedding The
Hive's work and rts base as an active, inclusive, and welcoming community hub.
Supporting the delivery of Vibrant Shropshire, the county's cultural strategy, helping to eThsu￿ that culture
thrives locally and contributes to improved health, wellbeing. resilience, economic prosperity, and
environmental sustainability.
Further developing and embedding our fundraising strategy in alignment with our business objectives, with
continued support from Trustees We will also invest in upskilling Trustees and staff in fundraising to diversify
income streams and increase success with trusts, foundations, and other funding sources.
Strengthening income generation through charitable donations, expanding our approaches to include
ind ividual giving, sponsorship, community-based crowdfunding. and other innovative initiatives to engage
supporters and sustain our work.
Exploring new ways to support young people who f8¢8 challenges engaging in mainstream education,
including the development of bespoke creativewellbeing programmes within alternative provision settings.
Developing our Alternative Provision offer for young people by completing a Quality Assurance process wrth
the local authority. The Hive will continue lo provide a safe, creative environment for children struggling with
formal education-particularly those with EHCPS, EOTAS packages, care experience, SEMH needs, anxiety,
social skill development needs, or who are electively home educated-oncè local authority funding is secU￿d
for each individual.
Conlinuing to work in partnership with regional Music Education Hubs to widen access to high-qualily music
experiences.
Strengthening existing partnerships and forging new collaborations, particularly with organisations and
agencies working with children and young people, high-qualily arts organisations, commissioners, local
businesses, and other charities.
Consolidating our position as a key delivery partner for creative activities across Shropshire and the wider
region. ensuring that children, young people, and young adults-especially those who are vulnerable or at
risk-can access inclusive and engaging creative programmes underpinned by strong pedagogical principles.
Continuing to work with major funders, including Arts Council England and The National Lottery, to support
team and project development. broaden engagemenl with partners and participants, and bring high-qualily
arts experiences to our venue, our region, and our beneficiaries.
Expanding opportunities fDr children, young people, and young adults lo develop creative skills, knowledge
and access to career progression, including ihrough volunteering, internships, and work experience
placements.
Maintaining robust evaluation of all activilies through The Hive's Evaluation Framework, alongside ongoing
consultation with beneficianes, participants, and audiences to ensure our work continue5 to meet communty
needs and builds a strong evidence base for future development.
Ensuring that all creative activity continues to align with our five Dimensions of Empowerment. which
consider both individual and collective growth and wellbeing.
Page 6

HMM ARTS LTO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Ensuring that safeguarding remains central to our practice. All staff, volunteers, and Trustees have received
safeguarding training. and we will continue to conduct monthly safeguarding review meelings. alongside
regular updates and refresher training, to maintain the highest possible standards of care and compliance.
Looking ahead. The Hive will continue to build on the resilience and community support demonstrated
through the Save The Hive campaign. While challenges for the sector persist, we remain confident in our
ability to adapt and sustain our impacl through innovation, collaboration. and strong governance. Our focus
will be on securing long-term sustainability, maintaining excellen￿ in delivery, and continuing to enrich Itves
through creativity Wilh the continued support of our funders. partners, and community, The Hive is well
positioned to remain a vital part of Shropshire's Gultural landscape
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limrted company, limrted
by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of n8W trustees
Members of the Board are elected at Board meetings. The Board has authority to fill vacancies arising during
the year.
New Board Members are recruited through either an open process, advertised throughoul the region, or
nominated by partn8r organisations. Potential recruits are Intefyiewed by existing Board Members. and if
successful, are elected to the Board at the nexl General Meeting although they can be co opted to the Board
unlil then.
New Board Members will undergo a formal induction process and will be supported through the first few
months of mémbership.
Organisational structure
The Board of Trustees meet on a regular basis. The Trustees delegate the day to day running of the company
to the Chief Executive Officer.
The Board of Truslees administers the charity. The Board holds bi monthly Board meetings throughout the
year. There is a Finance Subcommittee comprising of Chief Executive, Management Accountant and two
Board members, which meets ahead of every Board meeting and reports to Ihe Board.
Financial procedures have been established and approved by the Board. They are intended to set out the
working arrangements by which the Board gives effect to its statutory financial responsibilrties, and to its
management powers as defined in th8 Articles of Association.
The Chief Executive is responsible to the Board for the proper administration of the Company's financial
affairs. HMM Arts Ltd is 8 member of the National Council for Voluntary Qrganisations, wÈth which it
C¢xperates in the pursurt of its charitable objectives.
Risk managem8nt
The trustees have a duty to identify and review the risks lo which the charity is exposed and to ensure
appropriate controls are in place lo provide reasonable assurance against fraud and error.
The Board reviews and assesses the risks to which the organisation is exposed at each Board meeting. The
Trustees ensure that the management of risk in ongoing and embedded in management operational
procedures.
Risk assessment and management is undertaken under the following areas.. Governance
Operational External Factors Financial Compliance
Staffing and oiher human resour￿$ Environmental
The Trustees are satisfied that systems and procedures are in place to manage the expesure to these risks.
Page 7

HMMARTS LTD
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES, RESPONSIBILIry STATEMENT
The trustees (who are 81so the directors of HMM Arts Ltd for the purposes of company 18w) are responsible
for preparing the Trustees, Report and the financial statements in accordance with applicable law and Unrted
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland"
Company law requires the trustees tc prepare financial statements for each financial year. Under that law, the
trustees have elected lo prepare the financial stalements in accordance with Unrted Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they ar8 satisfied that they
give a Iwe and fair view of the state of affairs of the charitable company and of the inccming resources and
application of resources, incluéing the income and expenditure, of the charitable company for that period. In
preparing those financial statements, the trustees are required to
select surtable accounting policies and then apply them consistently,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that a￿ reasonable and prudent,
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by order of the board of trustees on.....
.and signed on its behalf by..
HBall-
rus
Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HMMARTS LTD
Independent examiner's reportto Ihetrustees of HMM Arts Ltd I'the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirernenls of the Companies Act
2006 (Ihe 2006 Act,)
Having satisfied myself that the accounts of the Company are not required to be audit8d under Part 16 of Ihe
2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's
accounts as carried out under Seelicn 145 of the Charities Act 2011 ('the 2011 Act,) In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145<5) (bl of the
2011 Act.
Independent examinerfs statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a lisled body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examinalion, I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act,, or
the accounts do nol accord with those reGords'. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination., or
the accounts have not been prepared in accordanGe with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing
their accounts in accordance with Ihe Financia5 Reporting Standard applicable in the UK and Republic
of Ireland (FRS 10211.
I have no concerns and have come across no other matters in conneclion with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be
reached.
C Moewn-williams Bsc FCA
TCA Ishrewsbury) LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY11ED
I7*￿ ￿Q￿￿Y)1jV 2015
Page 9

HMM ARTS LTD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMEKfs FROM
Donations and legacies
107,929
107,929
25,524
Charitable activities
General
37.408
196,166
233,574
226,382
other trading activities
Investment income
66,885
66,885
338
60.523
639
Total
212,560
196,166
408,726
313,068
EXPENDITURE ON
Raising funds
17,012
17,012
21,549
Chartiable activities
General
79,854
212,708
292,562
275.582
Other
77,897
9,155
87,052
74,036
Total
174,763
221,863
396,626
371,167
NET INCOMEIIEXPENDITUREI
Transfers between funds
37,797
497
(25,6971
(497)
12,100
158,0991
15
Net movement in funds
38,294
(26,194)
12,100
158,099)
RECONCILIATION OF FUNDS
Total funds broughtfomar
15,329
62,156
77,485
135,584
TOTAL FUNOS CARRIED FORWARD
53,623
35,962
89,585
77,485
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 10

HMM ARTS LTD
TATEMENT OF FINANCIAL POSITION
31 MARCH 2025
2025
Total
nds
2024
Total
funds
Unrestricted
fund
Restrict
funds
Notes
FIXED ASSETS
Tangible assets
10
15,074
15,074
25,952
CURRENT ASSETS
Stocks
Debtors
Cash at bank
11
12
1,621
37,409
25,641
1,621
37,409
61,603
1,637
13,606
69,224
35,962
64,671
35,962
100,633
84,467
CREDITORS
Amounts falling due within one year
13
{26,1221
126,122)
{32,9341
NET CURRENT ASSETS
38,549
35,962
74,511
51,533
TOTALASSETS LESSCURRENT
LIABILITIES
53,623
35,962
89,585
77,485
NET ASSETS
53,623
35.962
89,585
77,485
FUNDS
Unrest￿ted funds
Restricted funds
15
53,623
35,962
15,329
62,156
TOTAL FUNDS
89,585
77,485
The charitable company is enlitled to exemption from audit under Section 477 of the Campanies Act 2006 for
the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
{aJ
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each fi'nancial yeai in
accordance with the requirements of Sections 394 and 395 and which othe(wise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
{b>
The notes form part of these financial statements
Page11
continuetj...

HMMARTS LTD
STATEMENT OF FINANCIAL POSITION - contlnu8(1
31 MARCH 2025
These financial statements have been prepared in accordance with the provisrons applicable to charilable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trusteès and aulhorised for issue
IG. J..i.z. l .I.Q2S...... and were signed on its behalfby..
HBa
The notes form part of these financial statements
Page 12

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basls of proparing thefinanclal statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102.
have been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by
Charities- Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland <FRS
102) (effective 1 January 20191,, Financial Reporting Stsndard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Financial reporting standard 102- reduced disclosure exemptlons
The charitable company has taken advantage of the following disclosure exemptions in preparing
these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland.:
the requirements of Section 7 Statement of Cash Flows,
the requirement ofparagraph 3.17(d).
the requirements of paragraphs 11.42. 11.44, 11.45. 11.47, 11_48(a){iiil. 11.48{a>{iv). 11.48{b) and
11.481c},
the requirements of paragraphs 12.26, 12.27, 12_29{al, 12.29{b> and 12.29A,
the requirement of paragraph 33.7.
Income
All income is recoJnised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation
committing the charty to that expendilure, it is probable that a transfer of economic benefits will be
required in settlemenl and the amount of the obligation can be measured reliably Expend&ture Is
accounted for on an accruals basis and has been Classrfied under headings that aggregate all cost
related lo the category. ￿ere costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.
Tangible fixed assèts
Depreciation is provided at the following annual rates in order to write off each asset over it5 estimated
useful life.
Plant & Machinery- 10 years straight line
Fixtures & Fittings 4 years straight line
Tangible fixed assets costing £100 or more are capitalis8d and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Stocks
Stocks are valued at the lower of cost and net realisable value. after making due allowance for
obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities,
Fund accounting
Unrestncted funds can be used in accordance with the charitable objectives at the discrètlDn of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restricticns arise when specified by the donor or when funds are raised for particular restricted
purposes.
Page 13
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS-continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES-continued
Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other post-retirement benefits
The charitable cornpany operates a defined contribution pension scheme. Contributicns payable to the
charitable company's pension scheme are charged to the Statement of Financial Activrties in the
period to which they relate.
The Company operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Company to the fund in respect ofthe year.
Government grants
Government grants are recognised in the Ststement of Financial aclFVity on receipt and enttlement to
the funds. The government grant income is allocated to the appropriate fund on receipt
Interest reGeivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Company. Ihis is nomially upon notrfication of the interest paid or payable by the
institution with whorn the funds are deposited
Debtors
Trade and olher debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash al bank and in hand includes cash and short-term highly liquié investments wrth a short maturity
ofthree months or less from the date of acquisilion or opening ofthe deposit or similar account.
Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past
event, it is probable that a transfer of economic benefrt will be required in seltlement, and the amount
of Ihe settlement can be estimated reliably
Liabilities a￿ recognised at the amount that the Company anticipates il will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it musi provide.
Provisions are measured al the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of Ihose
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of Ihe discount Is recognised in the Statement of financial activities a5 a finance cost.
Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments Basic financial instruments are initially recognised at transaction value and subsequently
measured al their settlement value wrth the exception of bank loans which are subsequently measured
at amortised cost using the effective interest method.
Operating leases
Rentals paid under operating leases are charged to the Statement of financial activities on a
straight-line basis over the lease term.
Page 14
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
2025
2024
Donations
Gift aid
99,457
8,472
22,103
3,421
107,929
25,524
Included in donation income above is £11,000 received from Shrewsbury Town Council.
OTHER TRADING ACTIVITIES
2025
2024
Room hire
Other income
Cafe income
40,570
3,010
23,305
34.208
6,456
19,859
66,885
60,523
INVESTMENT INCOME
2025
2024
Bank Interest
338
639
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Ticket income
Projéct Incomelmatch funding
Grants
12,192
74,088
147,294
14,091
55,989
156,302
233,574
226,382
Grants received, included in the above, are as follows.,
2025
2024
Fees and grants
Govemment grants
66,005
81,289
145,050
11,252
147,294
156,302
Included within grant income above is funding received from Shropshire Council and Historic England,
grants received from local authorities during the year.
Page 15
continued...

HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
NEf INCOMEIIEXPENDITUREI
Net incomellexpenditurel is stated after chargingl{crediting)'.
2025
2024
Depr6rialion - owned assets
11,375
8,108
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024,
STAFF COSTS
2025
2024
Wages and $818ries
Social sècurity Costs
Other pension costs
151.391
5,245
2.758
125,919
2,158
2,109
159,394
130,186
The lotal remuneration and benefits paid to the key management personnel, to whom the Trustees
delegate the day-to-day running cf the charity was £32,55312024.' £30,478).
The average monthly numberofernployees during the ye8rwas 8s follows..
2025
2024
CEO
Employees
16
14
17
1S
No employees received emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Tot81
funds
INCOME AND ENEOWMENTS FROM
Donations and legacies
25,524
25,524
Charltable activities
General
14,091
212,291
226,382
Other trading activities
Investment income
60,523
639
60,523
639
Totsl
100,777
212,291
313,068
Page 16
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS-continued
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
EXPENDITURE ON
Unrestricted
fund
Restricted
funds
Totsl
fvnds
Raising funds
21.549
21,549
Charltable activities
General
57,717
217.865
275,582
Other
74,036
74,036
Total
131,753
239,414
371,167
NET INCOMEI(EXPENDITUREI
(30,976)
127,123)
(58,099)
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
46,305
89,279
135,584
TOTAL FUNDS CARRIED FORWARD
15,329
62,156
77,485
10. TANGIBLE FIXED ASSETS
Fixtures
and
frttings
Plant and
machinery
Tol8ls
COST
At 1 April 2024
Additions
23,539
106,418
497
129,957
497
At 31 March 2025
23,539
106,915
130,454
DEPRECIATION
At 1 April 2024
Charge for year
13,034
2,354
90,971
9,021
104,005
11,375
At 31 March 2025
15,388
99,992
115,380
NET BOOK VALUE
At 31 March 2025
8,151
6,923
15,074
At 31 March 2024
10,505
15,447
25,952
Page 17
continued..

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
11. STOCKS
2025
2024
Sti)cks
1,621
1,637
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prapayments and accrued income
21,705
13,472
2,232
5,761
7,126
719
37,409
13.606
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade cr8dilor$
Other creditors
Accruals and deferred income
13,993
2,391
9,738
19,419
2,641
10,874
26,122
32,934
Included above is deferred income of £3,791 (2024.. £8961 received in relation to Ticket Sales in the
year ended 31 March 2026.
14. LEASING AGREEMENTS
Minimum leas8 payments under non<ancellable operating leases fall due as follows..
2025
2024
Within one year
Bet￿een one and five years
2,981
1,739
2.981
4.719
4,720
7,700
Page 18
continued...

HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
be￿een
funds
At 1.4.24
31.3.25
Unrestricted funds
General fund
15,329
37.797
497
53,623
Restricted funds
Arts Council England- Cultural
Investigators & Amplify
Shropshire Council - HAF Summer
Activities, LAC Holiday Band Builds and
other smaller SCC funds
National Lottery Communty Fund-
MYC Music & Mycollege
Children in Need - Parachutes
Shrewsbury Town Council
Oul of the Groove
LG8T History Festival
Flaxmill Street Art & Collective
High Sheriffs Fund
Utl@y Family Foundation
National Lottery Awards for all
UKSPF- Vital Hive
PACC Healthy Lives
Shrewsbury Flaxmill- Micro Grant 2024
The Rowlands Trust
Alternative Provision
Wild HiveThe Nuture Garden
19,067
(1,155)
17,912
19,890
9,238
29.128
12,771
9,445
145
2,569
1.490
1,315
610
750
(12,771)
{9,445)
(145)
{2,569J
{1,490}
(1,3151
(610)
(7501
18861
(11,691)
1,271
(1,973)
3,000
12711
5,865
(5,5111
11,2711
(212>
(17,4141
(1,973)
2,715
(271)
5,865
(285)
62,156
125,697)
1497)
35,962
TOTALFUNDS
77,485
12,100
89.585
Page 19
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- contlnued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
212,560
(174,7631
37,797
R8Stricted funds
Arts Council England - Cultural
Investigators & Amplify
Shropshire Council - HAF Summer
Activities, LAC Holiday Band Builds and
other smaller SCC funds
National Lottery Community Fund-
MYC Music & Mycollege
Children in Need- Parachutes
Shrewsbury Town Council
Out of the Groove
LGB T History Festival
Flaxmill Street Art & Collective
High Sheriff s Fund
utley Family Foundation
National Lottery Awards for all
UKSPF- Vital Hive
PACC Healthy Lives
Shrewsbury Flaxmill- Micro Grant 2024
The Rowlands Trust
Tesco- Groundwork UK
LAC NHS Murals
Akernalive Provision
C￿P
Airplay 2024 (F14F Shawburyl
DRAWN X SFM
Wild Hive The Nuture Garden
35.365
<36,520)
11,1551
34,881
(25,643)
9,238
1,425
(14,1961
{9,4451
<1451
(5,223)
(1,4901
(3,6901
(6101
(7501
(8861
188,0001
{1)
{4,933}
<12,7711
19,4451
{145)
{2.569)
{1,490)
(1,315)
<610)
(750}
(886}
(11,891)
1,271
11,9731
3,000
2,654
2,375
76,309
1,272
2,960
3,000
1,000
3,177
22,046
500
1,117
2,020
6,065
{1,000)
{3.177)
{22,317)
1500)
(1,117)
(2,020)
(200}
1271)
5,865
196,166
(221,8e3)
(25,697}
TOTALFUNDS
408,726
1396,626>
12,100
Page 20
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- continued
Compardtives for movement in funds
Net
mvemenl
in funds
At 1.4.23
31.3.24
Unrestricted funds
General fund
46.305
(30,976)
15,329
Restricted funds
Arts Council England- Cultur81
Investigalors & Amplify
Shropshire Council - HAF Summer
Activities, L4C Holiday Band 8uilés and
other smaller SCC funds
National Lottery Community Fund-
MYC Music & Mycollege
Children in Need - Parachutes
Youth Music Foundation - Shining Sta
Nat￿n81 Lottery Heritage Fund
Shrewsbury Town Council
Out ofthe Groove
LGBT Hislory Festival
Flaxmill Street Art & Collective
High Sheriff s Fund
Utley Famity Foundation
St James Place Foundation
National Lottery Awardsfor all
UKSPF- Vital Hive
PACC He81thy Lives
24,703
(5,636)
19,067
12,975
6,915
19,890
5,651
10
12,087
15,695
7,120
9,435
112,087)
115,695)
145
2,569
1,490
1,315
610
750
(9.598)
(7.674)
15,511)
11,271)
12,771
9,445
145
2.569
1,490
1,315
610
750
9,598
8,560
{5.511)
(1,271)
89,279
127,123)
62,156
TOTAL FUNDS
135,584
158,0991
77,485
Page 21
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
100,777
<131,753)
(30,976)
Restrlcted funds
Arts Ccuncil England - Cultural
Investigators & Amplify
Shropshire Council - HAF Summer
Activrties, LAC Holiday 8and BLJilds and
other smaller SCC funds
National Lottery Community Fund-
MYC Music & mYColl￿e
Children in Need- Parachutes
Youth Music Foundation - Shining Stars
National Lottery Heritage Fund
Shrewsbury Town Council
Out ofthe Groove
LGBT History Festival
Flaxmill Street Art & Colleclive
The Childrens Society
High Sheriff s Fund
Care Leavers Mural
Ulley Family Foundation
Austin & Hope Pilkingion Trust
Other Restricted Grants
St James Place Foundation
National Lottery Awards for all
UKSPF- Vital Hive
PACC Healthy Lives
55,936
161,572>
(5,636)
41,611
{34,6961
6,915
56,933
19,314
5,C61
7,590
1,500
7,684
4,090
5.278
2.269
1,250
1,100
1,000
1,000
675
(49,813)
(9.879)
(17,148)
{23,285}
(1,355)
(5,115}
12,6001
13,9631
12,2691
1640)
11,1001
(250)
(1,0001
(6751
(9,5981
(7,674)
15,511 >
(1,271)
7,120
9,435
{12.087)
(15,695)
145
2,569
1,490
1,315
610
750
(9,598)
(7,674)
(5,511 }
(1,271)
212.291
{239,414>
127,123)
TOTAL FUNDS
313,068
(371,167)
158,099)
Page 22
continued...

HMMARTSLTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined position is as follows=
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.23
Unrestricted funds
General fund
46,305
6,821
497
53,623
Restricted funds
Arts Council England- Cultural
Investigators & Amplify
Shropshire Council - HAF Summer
Activities, LAC Holiday Band Builds and
other smaller SCC funds
National Lottery Ccmmunty Fund-
MYC Music & Mycollege
Children in Need- Parachules
Youth Music Foundation- Shining Slars
National Lottery Heritage Fund
Sl James Place Foundation
National Lottery Awards for all
UKSPF-Vilal Hive
Shrewsbury Flaxmill- Micro Grant 2024
The Rowlands Trust
Arternalive Provision
Wild Hive The Nuture Garden
24,703
(6,7911
17,912
12,975
16,153
29.128
5,651
10
12,087
15,695
9,598
8,560
(5,651 }
(101
(12,0871
(15,6951
{9,5981
{8,560)
<17,202}
(1,9731
3,000
{271)
5,865
(212)
117,414)
(1,973)
2,715
1271)
5,865
128S)
89,279
152,820)
{497}
35,962
TOTALFUNDS
135.584
145 9991
89,585
Page 23
continued...

HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follDWS'.
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fvnd
313,337
(306,516)
6,821
Restricted funds
Arts Council England- Cuftural
Investigators & Amplify
Shropshire Council - HAF Summer
Activrties, LAC Holiday Band Builds and
other smaller SCC funds
National Lottery Community Fund-
MYC Music & Mycollege
Children in Need- Parachules
Youth Music Foundation- Shining Stars
National Lottery Heritage Fund
Shrewsbury Town Council
Out ofthe Groove
LGBT History Festival
Flaxmill Street Art & Collective
The Childrens Society
High Sherrff5 Fund
Care Leavers Mur81
Utley Family Foundation
Austin & Hopè Pilkingion Trust
Other Restricted Grants
St James Place Foundation
National Lottery Awards for all
UKSPF- Vital Hive
PACC Healthy Lives
Shrewsbury Flaxmill- Miero Grant 2024
The Rowlands Trust
Tesco- Groundwork UK
LAC NHS Murals
Alternative Provision
91,301
(98,092)
16,7911
76,492
{60,339)
16,153
58,358
19,314
5.061
7.590
1,500
10,338
4,090
7,653
2,269
1.250
1,100
1,000
1,000
675
(84,009)
{19,3241
(17,148)
(23.285)
(1,500)
(10,338)
(4.0901
(7.6531
(2.269)
(1,250)
(1,100)
(1.000)
(1.000)
16751
(9.5981
(8,580)
(93,511)
(1.272)
14.933)
{5,6511
(101
(12,087)
115,695)
{9,5981
{8 5601
117,2021
76 309
1.272
2.960
3,000
1,000
3,177
22,046
500
1,117
2,020
6,065
{1,9731
3,000
(1.000)
(3.177)
(22,317)
1500)
11,117)
(2,020)
1200)
{271)
Airplay 2024 (RAF Shawbury)
DRAWN X SFM
Wild Hive The Nuture Garden
5,865
408,457
(461,277}
{52,8201
TOTAL FUNDS
721,794
(767,793)
(45,9991
Restrlcted funds
Arts Council En
land
Cultural Investigators:
This project recognises creative talent, revealing the range of stories that spring from this
communily-facing cultural venue in the centre of Shrewsbury. The project identifies and celebrates The
Hive's value. to local people past, present and future, and offers young people opportunities to
investigate and creatively represent cultural heritage, inspiring them to engage with cullure in their own
futures.
Page 24
Continued...

HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- continued
Amplify
Amplify supported local young people to develop their creative and professional skills within the music
and wider creative industries. The project worked with participants who had a range of ambitions and
interests, including sound engineering, music production, marketing and live performance Freelance
industry professionals provided tailored mentoring, lechnical training and practical creative sessions,
helping participants to build confidence, develop new skills and explore potential progression routes.
Participants also gained hands-on experience by supporting the delivery of local music festivals, giving
them direct insight into Ihe behind-the-scenes workings of large-scale live events. Activity culminateé
in participants producing and sharing their own creative work, supported throughout by specialist
practitioners and The Hive
Shro
hire
Council
HAF Summer Activrties.
Through the Holiday Activities and Food (HAF) programme, The Hive provided creative enrichment
sessions for children and young people eligible for HAF support. Activitiès included drumming, poetry,
animalion, music-making and creative writing. offering positive creative experiences during school
holidays.
Looked After Children's Team- Holiday Band 8tJilds'.
Funded by Shropshire Council Virtual School, this programme offered songwriting, music production
and band-building opportunities for Looked After Children aged 12-15. Delivered during school
holidays, the project developed musicianship, confidence and recording skills, and Goncluded with
supported performance opportunities.
The National Lotte
MYC Music..
This Project for young adults aged le 30 experiencing loneliness and soci81 isolation, is taking place
over 3 years across Shropshire Telford & Wrekin
Funded by National Lottery Community Fund, the MYC Music project aims to be increasingly inclusive
to those experiencing loneliness by signposting from current partners, drawing in new partners and
broader marketing lo increase informal referral, whilsl being in a position lo offer low level support.
Participants develop their musical skills whilst also gaining confidence, self*steem, and a sense of
agency, expressing themselves throu9h song-writing, ar,d regularly celebrating their achievements
through performances and recordings of their work, From March 2D20 MYC Music had to adapt to
online project delivery due to the pandemic and closure of The Hive's venue, the social hub where
MYC Music groups met each week for creative sessions
Commun
Fund
MYCollege'.
Mycollege was a five-year programme providing the core infrastructure connecting all Hive charily
work with young adults aged 16-30. The project nurtured talent and creative expression for young
adults experiencing low confidence or complex challenges. Through film, visual arts, music, pottery,
creative writing and more, Mycollege supported confidence, resilience, and wellbeing, built strong
peer relationships and improved access to creative spaces where young adults felt heard and valued.
Childrén In Need
Parachutes.
Parachutes was a long-tetm early-years project for under-55 and their parents, guardians, and carers
in Harlescott, North Shrewsbury. The programme strengthened early childhood development through
creative play and supported families to build relationships. confidence, and community conneclion, and
provided paediatric first aid training to parents, guardians. carers, staff. and volunteers from Harlescott
and the project's partner venue.
Y uth Mus
Shr
hire Ccuncil Virtual Sch Is.. Shinin
Slars
Shining Stars was a radio and pc*cast project that strengthened the Care Council Crew's ability to
advocate for Looked After Children aged 12-15. Participants improved communication and presenting
skills, explored different music genres. gained confidence, and formed positive peer ￿latIOnShips. This
fund was fully spent in year ended 31 March 2024.
Page 25
continued...

HMM ARTS LTD
NOTES TO THE FINANCIAL STATEMENTS-contlnued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- continued
The National Lotte
Herrta
e Fund.. Hidden Waterwa
Hidden Waterways was an intergeneralional heritage and communlty engagement project focused on
the Shrewsbury and Newport Canal. Working with Virtual Shropshire, Shrewsbury and Newport Cana15
Trust and Shrewsbury Flaxmill Maltings, participants gathered local stories, look part in workshops,
captured drone footage, and created new community resources. Activities included public events,
exhibiticns, a ceramics trail, and community days. This fund was fully spent in year ended 31 March
2024.
Shrewsbu
Town Council
Shrewsbury Town Council's Local Councillo¢s Grant and Local Communrty Fund support provided
essential match-funding that contributed to the delivery of larger projects, including Amplify. ensuring
full delivery of planned creative activity.
Out OfThe Groov
This project introduced music as a positive and accessible activity for young adults aged 15-25 with
additional needs in Nerth Shrewsbury, helping to build confidence, social connection, and creative
skills.
LGBT Histo
Festival
The Hive was a delivery partner for the LGBT History Festival in 2023 and 2024, working alongside
lead organisation SAND (Safe Ageing No Discrimination) to host the festival launch, gallery exhibition
and a series of creative and community events. The programme celebraled LGBT histories and
experiences, slrenglhened visibility and inclusion, and provided a welcoming space for people of all
ages lo come logether, The partnership supported SAND'S mission lo improve understanding and
support for older LGBT+ people across Shropshire and the wider region.
Flaxmill Str
Art & Collective
Flax Collective invited 18-25-year-olds to co-design creative activity at Shrewsbury Flaxmill Mallings.
Monthly sessions provided a safe and supportive space where young people generated ideas. planned
events, re-imagined the site for young visitors. and developed skills to support progress in education
and employment.
h Sheriffs Fund
A grant from the High Sheriff s Fund enabled The Hive lo extend work with children and young people
facing significant life challenges 8nd supported malch-lunding across several projects.
Utle
Famil Foundation
The Hive administered a Power of Music granl supporting The Mere Singers choir. Funding enabled
choir members living with dementia and their carers to participate more fully through access and
travel support.
National Lotte
Awards for all
Funding supported a youth music project in Whitchurch and provided essential small-scale capital
investment in The Hive building. Young people took part in drop-in creative sessions, using music,
photography, and film to build resilience and reduce anti-social behaviour.
UKSPF.. Vrtal HNe
UK Shared Prosperty Fund support enabled The Hive to deliver a range of projects designed lo
strength8n 8motion21 wellb8ing and social outcomes for young people across Shropshire. Activity
during this period included The Hive Street Festival 2024. youth engagement gi9s and workshops,
anti-social behaviour reduction work in Shrewsbury, and crealive workshops in partnership with
Shropshire Supports Refugees.
PACC Health Lives
As part of the Healthy Lives programme for 14-25-year-olds with SEND, The Hive delivered crealive
activities including African drumming, music-making, and songwriting, partly supported through
Cultural Investigators funding.
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HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
15.
MOVEMENT IN FUNDS- Gontinued
Shrewsbu
Flaxmill - Micro Grant 2024
A small grant from Shrewsbury Flaxmill Maltings supported inclusive music and drumming sessions for
hearing- and sight-impaired children and young people. The project also included consultation with
participants to help infonn future accessibility improvements at the Flaxmill.
The Rowlands Trust
A capital grant from The Rowlands Trust enabled the purchase of essential equipment for The Hive
building.
Tesco - Groundwork UK
Through Tesco Stronger Starts, The Hive received ￿ grants supporting inclusion-focused creative
projects. Funding supported a Wellbeing Projects Showcase in Shrewsbury, and planning activity
began for Rural Tunes, to be delivered In Ludlow in early 2026.
LAC NHS Murals
Th@ Hive created portable murals for NHS spaces supporting Looked After Children in Shropshire
and Tèlford. Young people worked with a professional illustrator to co4esign and produce the
largescale athorks, leaving a lasting creative legacy
Altemative Provision
The Hive developed an Alternative Provision pathway. providing a Safe, creative space for young
people struggling wrth school attendance or experiencing care, SEMH needs, anxiety or social barriers.
The flexible, non-academic environment SLJPPOrted confidence. communication, and emotional
wellbeing. The Hive intends to further develop this work in 2025126.
Cf
Midcountiès Co-operalive funding supported a wellbeing creativity and music programme for young
people experiencing complex personal challenges. helping them to build confidence, identity, and
emotional resilience.
Air
la
2024
RAF Shawbu
In autumn 2024, The Hive delivered beat-making, animation and collage-making activities for children
and young people at RAF Shawbury.
DRAWN X SFM
The Hive supported delivery of the Drawn weekend 2024 by providing family creative activities inspired
by international skylines and the industrial heritage of Shrewsbury Flaxmill Maltings, helping
participants explore the sile's global significance as the world's first iron-framed building.
Wild HiveThe Nuture Garden
The Wild Hive project supported the maintenance, nurturing and enhancement of The Hive's
community garden. The pioject increased volunleerins opportunrties, improved biodiversity and
cre8ted a peaceful, inviting wellbeing space forcommunity use in Shrewsbury town centre.
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HMMARTS LTD
NOTES TO THE FINANCIAL STATEMENTS- continu
FOR THE YEAR ENDED 31 MARCH 2025
16. EMPLOYEE BENEFIT OBLIGATIONS
The charily operates a defined contribution pension scheme. The assets cf the scheme are held
separately from those of the charity in an independently administered fund. The pension cost charge
represents contributions payable by the group io the fund and amounted lo £2,758 {2024. £2,109).
Contributions totalling £nil (2024.. £467) were payable lo the fund balance sheet date.
17.
RELATED PARTh DISCLOSURES
During the year the charity received income of £520.20 from Shropshire Film Sociely, an organisation
set up by one of the Trustees.
During the year donations of £10,000 from Lets Rock Community Funding, donations from STC Local
Councilors and £1,404 for hiring performance space has been received from Shiewsbury Town
Council, which Trustee H Ball is the Clerk.
The Trustee J Thcmas was paid £nil during the year for running an arts workshop (2024 £850).
The Trustee M Griffrths was paid £nil Artists costs for assislance with a project during the year (2024
£2,170)
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