REGISTERED COMPAW NUMBER: 07488966 IEngland and Walesl
REGIS7EREDCHARrrY NUMBER: 1142020
REPORT OF THETRUSTEES AND
UNAUDITED FINANaALSfATEMEN7S FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
STOREROOM ZOIO
Bright Brown knmited
Chartered Acmuntsnts
Exthange House
St. Cross Lane
Newport
Isle of Wight
P030 5BZ

SIOREROOM 201D
CONTENTS OF THE FINANCIALSTATEMENTS
FOR TrtE YEAR ENDED 31 DECEMBER 2025
Page
Referènee and AdmÉnl5tra￿ve Details
Report of the Trustees
Independent Examiner's Report
Statement of Flnancial Atlivities
Balance Sheet
10 to 11
Notesto the Finandal Statements
12 to 24
Detailed Ststement of financlal Actlvlties
25 to 26

STOREROOM 2010
REFERENCEAND ADMINISTRATIVE D￿AlL5
FOR THE YEAR ENDED 31 DECEMBER 2025
TRUSTEES
TC Day Direttor
B M A S Rotjse Director
R Gully Director
P Noctor Dirèttor
MrsT Day DI￿￿or
Mrs E M Mackenzie Director
Mrs W Miller Director lèppointed 24A.251
REGlSfERED OFFICE
l Mariners Way
Isle of Wight
P0318PD
REGIrnED COMPANY NUMBER
07488966 (England and Wal￿)
REGISTERED CHARITY NUMBER
1142010
INDEPENDENf EXAMINER
Bright Brown knmited
Chartered Accovntants
Eychange House
st. Cross L8ne
Newport
Isle of Wight
P030 5BZ
Page I

STOREROOM 2010 IREGISTERED NUMBER.. 074889661
REPORT OF ThE TRUSTEES
FOR ThE YEAR ENDED31 DECEMBER2025
The trustees who are also directors ol the charity for the purposes of the Companies Att 2(X)6, present thelr repcrt with
the financial statements of the £harity for the year @nded 31 December 20￿. The trustees have adopted the provisions
of Accounting and Reporting by Charitie5.' Statement of Recommended Practice applitable to charSties preparing thelr
accounts in accordan￿ with the Financial Reporin8 Stsndèrd appllcable the UK and Republic of Ireland IFRS IOZI
leflective l January 20191.
OBJEcnvES AND ACTIVITIES
Objectlve5 and aims
The principal objects are..
- the prevention and relief of poverty by supplyln8 donated fumiture and household goods at minimal cost to people in
need;
the protection and preservation of the enwronrnent by encouraging re-use/re¢yding ol donated furnlture and
hou$2hold goods.,
the relief of unernployment for the beneftt of the public In such way5 as may be thought fit includlng the provi5ton of
tr3lning, enploymenL work eKpErience and volunteering opportunities.. and
to ¢ncoura8e re-use as a way ol life.
Public benefli
StoreroDm2010 is a true comrnunty asset Through the dedication and perseverance of its stèf¥, volunteers, and
management over the past fifteen years, it hÈ5 become a trusted and reliable destination for people on low Incomes
seeking to improve their home IMD8 Standards withDUt falling into or compoundin8 debt.
During 2Q25, demand for t>ur services increased. with a rise in ￿ferra15 from Island 5UPPOrt a8enaes and housing
a*oci3b'ons. We were plE￿£d to be able to ￿Spond prornpt￿ and provide a￿￿tance when It was rnost needed, The
continuing cost-ol-living crisis has hit many in our 15Jand ci)mrnunity hard. and the people we supportEd were deoply
appreoative of the help they recesved.
We work in partnership with three of the 151and's major housing associations and hold a dedicated fund to SLlPPOrt their
most vulnerable cllents. This allows u5 to ￿SpOnd quickly in times of cr15is by provlding essential hovsehold item5 when
they are needed mom. This ¢ollaborative approach has proven hffi8hly Èffective and has enabled u5 to help hundreds of
farnilies a£ros5 the151and
More than 60 1s13nd advice and support agencies now work with StorEFoDm2010 as their primary referral partTher for
clients needing to improve their home Irving condrcions. Many ol these clients experience phy51tal andlor mental
impairmenL barriers to ernploymenL or complex personal circurnstances Including abuse and relatlDnshSp breakdown.
In recent cases, these i55ue5 h?ve frequendy been compounded by financial hardship and the lon8er-term impacts of
the Covld pandemic
Volunteers
On a positive notE, there are always trpportuniti￿ for volunteers at StDreroom2010, and support is needed across a
wide range of activities. We have found that volunteerin8 helps people regain confidence and self-worth, and for our
community-5pirited clients it also provide5 an opportunity to gpie sgmeihins back. In 2025 our Voluntee￿ gave u5 3,518
hour5 01 theirtirnel WOWI They realty are amazing.
Everyone at Storeroom2010 is extremely proud of what ha5 been achleved Sin￿ we first opened our doors. and we are
very aware that without our volunteers we would not be whEre we are ioday. Our woluntoer te3m carries Dut a wide
ranse ol roles, including assisting In the shop and warehouse and supporting our drivers with collections and deliveries.
For those seeking employmenL volunteering with u5 provides valuable experien￿, and we are always ke2n to SUPPOrt
them towards thatgoal by offering help with Cvs and, where appropriate. providin8 references.
Page 2

STOREROOM 2010 (REGISTERED NUMBER: 07488966}
REPORTOFTHETRUStEES
FOR THE YEAR ENDED 310ECEMBER 202S
OBJEcfivES AND ACTivmES
VolunteÈts- continued
The Board of Trustees extends its sincer& thanks to our Entire volunteer team, wthout whose hard work and tire1È%5
support5torero¢m2010 would have struggled to provide such a vitd level ol service lo our community.
ACbllEVEMENT5 AND PERFORMANCE
Past achievÈments and the effect Qf Covld-19
Since Storeroom2010'5 beginnings at Bridge Road in Cowes back in, yes you guessed it. 2010, we hzve adopted a slightly
dTfferent approach to rnany other charities,. brought about in part due to lessons learnt prior to 2010 when the
StO￿rOOr￿ Project las St wa5 called when part of Real World Trust), relied solely upon grant funding to operate. Thi%
reated uncertainty as to the sustainable ful￿re of the projert. espeaalFy wth the onset of Governmènt Busterity
measures at the tirTte. A lack of suitable funding opportunitie5 eventually forced the decision by Real World TrJJ5t to
dose the doors on thE Storeroom project.
The then Manager and longstanding staff member, unwilling to accept this, felt Storeroom could be saved, but decided a
more business-like approath was needed and having reached an ogreement with the board of R.W.T to tèke ower the
rein5. made cost covering the priority. To help achieve this goal we increased our opening hours and opened the doors
to the publicwithout restriction.
A two-tTer pricing poliry was introdu￿d, one for the publlc and th& other for ￿ferred dients. It was uncertain whether
thls would provide the answer, however within six months we had achieved our first goal and were meeting Most of our
running costs. on￿thiS fInantial milestone was athieved, we were able to begin plannin8.
One areè where we wtrÈ lackin8 knowledge was in fundrdising, so a decision was made to enlist the seNices of a
prOf￿0n31 fundraising or8a¢7satiDn to train our managerial stèff in the art of fund￿l51n8. Thls wa5 an expensive
gamble and ? steep learnlng curve, however ￿￿thin just a few month5 we had secured several potential funde￿, these
would eventually enable usto expand ourseNites and help to Secu￿ the future of this much nEed£d community ?5set.
Thank5 to the support of the general public and wlth the help of some grant monies acquired, we were able to takÈ
positive step5 year on year. In June 2013 we moved intu n2weT. more suitable rented premis85 with customer p3rkin&
heat and running water (absolute luxuryll. We were able to upgrade to more reliable ar)d respectable looking vans for
our CDllectlDns anij dèliveries, provide relevant on-site training for our staff and volunteers, and to Introdu￿ better
pointof sale equiprnÈnt a till capable of apptyinB G￿[tAId ett, et
Another move towards fijture prcofing Storeroom, was to enlbt the seNice5 of SASC Istrcial & s￿taInable Capitsll who
were keen tD a55iSt, they provided lending to purthase our premises and gave us a huge amount of help and support
towards securing necessary deposit monies from Power to Change. This enabled the purchase of our premises, helping
to secure our long-term future within the lool community.
Under the adm￿ of our accountsnts, we have worked hard to build sustainable rEserves to meet fvture running costs
which we ar2 battlin8 t¢ m31ntain at present, them hailng been dcpleted when the intrtsducknon of new minlmum lfving
wage and national insu￿n￿ hikes tDok hold. ynfortun3tely this will likely cause COn￿M again sn 2026 and we are
un5UTe whetherwe will be able to malntsin those reserves in the shorttEmi,
Any 5vrplus monies that are available these wlll be re-directed towards the upkeep of our very su￿sSful Community
prolert The Cowes Men's Shed, which was established in May 2018.
Re￿nt achlevements
In 2022 we were able. with ￿me help frDm the National Lottery tts In5trall solar panels at the Cowes Men'5 Shed, part of
our ongoing effort to enhancè uur green uedentials. AiJdi&ionally, we upgraded the intemal lighting to energy efficient
LED'S. aimin8 to make it as energy efficient a5 is possible.
Page 3

StOREROOM 2010 IREGiSTERED NUMBER: 074889661
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2025
Recent achievernents- continued
In 2023 Storeroom2010 was also updated to LED Ilghts to help reduce energy costs.
In March 2024 we were able, with the help in part of sornÈ fundin& to fulfil a long-time ambition to erECt permanent
glasshouses at the Men's Shed, this gives our horticulturally inclined members the opportunity to keep their hand In
whi15t increa5in8 the potential lor plant sales in comin8 years and hopefulW create addititsnal fund5 towards our runnin8
costs.
A complete ovèrhaul ol our burglar alarm system and the introduction of new CCTV coversn8 all are&% ol both
Storeroorn2010 and the Cowes f41en's Shed has also been achieved.
In 2025. for the ftrst time since Storeroom2020's conceptlon we were forced to ltsok for way5 to reduce our al￿a￿V
meagre outgoings and try to protect our ￿se￿e5. Unfortunatelyi our staff bo￿ the brunt of thls, and hours had to be
fe-structured in orderto reduce our wage blll.
We were hesitant to put our priTrs up whilst so many people siruggle to make ends meel. We already run a tl8ht sh+p,
so this was necessary to oftset the jump in wage5 tax and Nl. Therefo￿ during 2025 there were no achievements this
wa5 our maln goal.
Cowe5 Men's Shed project
Reg3rding the Cowes Men's Shed, our aim ha5 been to make best Use of the facility in order to generate lynds towards
the lon8-term continuation ol the projett. Raising plants from seed and propagating cuttin8s for sale In our new
glasshouse5 will be a vast imprcvement and we hope to in¢￿aSe sales siEnificantly. Some member5 fabricate woodpn
planters, bird tsbles. feeders and garden ornaments, ¥ well as c<caslonally refurbishing plece5 of furniture, whlth also
provides a welcome boost to the Shed running costs. We continually pursue funding to help cover staff wages in order
to maintain a nominal level of service, and to date the cost has proved to be man3geable.
The shed offered a safe 53nrtuary to members durins Covid lockdowns some expressed extreme loneliness isolation,
but desp￿te thi5 we have been able to attract nèw member5 currently almost 3t 200. MO￿ recendy the Shed has also
been looked upon as a winter warm space forsome of our rrernbers struggling during the energy Cr￿515.
FINANCIAL REVIEW
Financial positk)n
Tot81 Income for rhe year aTnounted to Qll,80912024 - £303,C1591. The totsl cost ol charitable acknvities amounted to
E297,376 12024 - É333,8601. The net surplus for the year amounted to £14.43312024 defiat £30,801). UnrÈstricted
fund5 and restricted funds carriEd lO￿ard at the end of the year amounted to £S21,503 and £26,330 respÈctively 12024
£515,143 and £18,257).
UnresErlcted fvnds
At the end of the year, £40121812024 - £402,329) was designated to Ihe tan8ible fixed assets fund attd £25,(KIO12024
E25,0001 was designated to the special projects fund. The remaining balance of £94,28512024 - £87,814) is held as f￿e
reserves.
Principal funding sources
In 2022, Storeroom 2010 w85 awarded a National Lottery Re3chinE Communlties Fund grant totalling £254.459, to be
pard over five year5. for our Men iii Sheds community project. We recelved two payments of £26,207 each in 2025, two
payments of £25,769 each in 2024, EWO payments of £24,492 Each In 2023 and two payments of £24,279 each In 2022
with two further payments tD follow.
Investment policy and oblèttÉves
The Trustees hawe the power to invest in such assets as they See flt. The charlty keeps its assets in short term deposits,
which can be accessed readily.
Page 4

sfoREROOM 2010 IREGisfERED NUMBER'.074889661
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER2025
FINANCiALREVIEW
Re5efve5 policy
As 3lway5, the management exercise caution and diligence h3ndling the company accounts. As strongly suggested by
our Bccountants. a sum equivalent to *x mtsnth5 rnnning costs is kept in reserve, ths proved to be a wise move a5 we
were able, wath the help of the governments furlough scherTie to safely negotiate the unexperted Covid 19 pandemic
with only rninimal finantial impact
It hès been agreed by the Trustses that we should retsin 10-15k of unallocated ￿SerV￿ which can be used as a safety
net should there be any further disruption to trade, or in, hopefully the unlikely ￿SUrgen￿ OF Covid 19 or another
sirnilar pandemic. All major projects such a5 our planned meuanine floor increase are on the back burner until a time
when theTrustees feel it 15 safe to move fonyard.
At the year end, the amount held in free reserves was lower than that required b¥ our r25erves policy due to ri5inB
runnlng costs. Wè will continue to rewew and monitor our costs to reduce them wherever possible. We have reduced
paid 5t3ff hour5 in 2025 and Ive not be replaang a member of staflwho retired in 2025.
We are looklngto rebuild the reserve towards ourtsrget from these plans and hope to do so within 5 years.
FUTURE PIANS
Amongst Storeroom's planned projects. better disabled faalilies and a lift to the mezzanine are part of our forward plan
when financially viable. We plan to expand the retsil area by inryeasin8 our mezzènine floor to double its present sRe
and thus, when the lift is installed, it would provide easier access fDf cu5torner5 With mobS1ity i￿Ues.
Hopefulty within the coming few years, we wish to instsll sdar panels on the roof ol Storeroom, further minimising our
impatton the environment
Efectrlc van$
Very much a d￿arn at thls Ime, as at presént the￿ doe5 not seem to be a suitsble affordable èltemative to diesel for
our need5. we hope to work towards elettric vans for our delNer1￿ and collections a5 this will tske u5 closer to our aim
of one day becoming orbon neutral, but i¥e think this unlikely to happen within the next fiveyeafs.
STRUCTURE. GOVERNANCE AND mA￿GEm
Governing document
The company 15 ￿mited by Guar6ntee and was incorporated on 11 January 2011. ￿ governing documènt is its
Memorandum and Artide5 of Association as arnended by special re501uion registered at Cornpani# Plouse on 28 April
201L
RÈcrnitment and appointmftt of newtrustees
In 2020, du2 to the Covid-19 pandemi¢, twts of our board members resigned 85 they were deemed to be in high-risk
groups. Our Ideal target minimum, six members was reduced to three having lost two rnernbe￿ and gaining one during
the previous year,
We hÈve found that six or more members are needed in order to bring the reqUI￿d wea￿h of knowle(Ige to the table
anrj a￿ pleased to have been able to attract new Tr￿tee5. all vetted and approved by thE existing board in the usual
way, brfnglng us back uptothe PFeferred seven.
Orrdnisation31 structure
Our General Manager, supported by three other mernbers of staff, is joilltly r85ponsible for the day-t&d3y organisatton
of our volunteer team. Ovérall responsibility for the PErformance of the team rests with the General Manager, who
reports directly to the CEO on a daily basis. The General Manager also liaises with all departments to provide regular
performance reports to thE Board ofTrustees.
Page5

STOREROOM 2010 IREGISTERED NUMBER: 074889661
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induttion and tralning of new trustees
When enrolling new Trustees, it is required that thEy f3miliaTise themselves with the charity commissson guidance
available rplsting to their new role.
Rlsk management
Storeroorn2010 attributes its Succ￿$ to Strict adherence to its principal value5. To protect the lons-terrn financlal
viability of thè project through shrewd management and our main priority béing to contSnuE to provide and to protect
this valuable and much needed community o55et into the futu￿, always working to pr￿￿re, but never relyliiB upon
grantfundlng to cover core costs.
Upon start-up there was, as with any new venture. an elernent of risk, but withln slx months of re.fflodellin& Storeroom
wa5 able to cover daily running costs and with prudent managemenl of ca5hflow, this has allowed for steady growth.
Storeroom2010, cortinues to work toward5 building a stable future asset for the community and having taken
ownership of our warehouse and the adjoining unit, we can plan long term antl where necessary. adapt and evolve tD
meet ourcoTnmunity's changing need5.
The Risk5
l. Retail provides no guaranteed income, and we ￿lY upon the 5UPPOrt of the Island community for our continued
SUC￿5.
2. There will always be the threat of new competltion, however we have weathered S￿eral start-LSP projects alreadv,
with no adverse effèct
3. Sourcing enou8h rEa50nable quallty stock wa5 thought tD be 8 possible problem, however, to date we have never run
up against this, and regularly, although thlu is not the p￿ferred option, have to de]ay ¢ollertlons until we have ade9uate
spaTrfor displaying8oods.
4. The possibility of another pandemic. Athough we su￿1Ved relatlvely unscathed thè risk from another pandemic has
now become È real possibility and should not be taken lightly. Flnanciallywe have taken every precaution.
Our r￿erVeS combined with the 3vai1able Govemrnent grant asslstance allowed u5 some degree of safety,. however It
would be foolish to think we are imperviou5, and we will continue to monitor our finances closely and exercise caiftion
until such times as we feel all irnpediments to our trading have passed.
STATEMENTOF TRUSTEES, RESPONSI&ILITIES
The trustees IwhD are also the dlrectors of Storeroom 2010 lor the purpose5 01 company lawl are responslble for
preparing the Report Of the Trustees and the financial statements in accordance with applicable law and United
Kingdorn Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Cornpany law requlre5 the trustee5 to prepare linanoal statements for each f￿nancial yÈar. Under that law, the trustees
have elected ta prepare the financial stztements in accordan￿ with United Kingdom Generally Accepted Accounting
Practice Iunlted Kingdom Accounting Standards and applicable lèwl.
Under company low the trustees must not approve the financial statements unl￿S they are 5atssfied that they give a
trise and f'alr view of the state ol affairs of the charitable company and of the In¢orning rosources and appllotion of
resources, including the income and expenditure, of the charitable company for thar perlod. In preparing those financial
statsments. the trustees are required to
select suitable accountin8 policies and then apply thÈtn consistently,.
Page 6

STOREROOM 2010 {REGISTERED NUMBER: 074889661
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER2025
STATEMENT OF TRusfEES' RESPON51BILITIES- continued
observe the methods and principles tn the Charities SORP-
- r)3kejudgements ènd estimates that are reasonable and prudent;
prepa￿ the financial ststements on the going toncem basis unless it is inappropriate to presume that the charltsble
company will continue in business.
The tW5tee5 are responsible for keeping proper accounting record5 whlch disc1052 With reasonable accuracy at any time
the financial postion of the th8ritsble cornpany and to enable them to ensure that the financTal statements comply wth
the Companies Act 2006. They ar? also r￿ponsible for 5afeguardlng the assets of the charrtabl& company and hence for
taklnE reasonable step5 forthe preventiDn and detecbon of frdud and other irregularities
Approved by order of the board oftNstees on...
. and sEned on ffts beha￿ by-
Mrs W Miller-Trustee
Page 7

INDEPENDENT EXAMINER'S REPORTTO THE TRUStEES OF
STOREROOM 2010 IREGISTERED NUMBER.. 074889661
Independèntèxaminer's reportto the trustees of StorÈroom 20101'the Company'l
report to the ch3rity trustees om my examination ol the accounts of the Company for the year ended
31 December 2025.
Responsibilities and basis of report
As the tharsty's trustee5 01 the Company land also its directors for the purposes ol company IBWI you are respo￿{ble lor
the preparation ol the accounts lft aCWTdance with the requirements of the Companies Act 20061'the 2006 Act'l.
Havillg 58ti5fied myself that the èccounts of the Company are not required to be audited under Part 16 of the 2006 Att
and are eligible lor independent examination. I report in respect of my examin3tion ol your charity's accounts as carried
out under Section 145 of the Charities Act 2011 I'the 2011 Art'l. In carryin8 Out rny examination I have followed the
Directions given by the Charity Commission undersection 14Jl51 Ibl of the 2011 Act.
Independent ex8miner's ststement
Since your charity's gros5 income exceeded £￿0.￿0 your examiner must be a member of a listed body. I c3n 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 examination. I conlim that no matters have come to rny attention in connection with the
eknminarion giving me caLise to believe..
accounting records i*ére not kept In respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not arcord with those records,- or
the accounts do naL comply with the accounting requiremenrs of Section 396 of the 2￿5 Act other than any
requirement that the accounts give a true and fair view which is not a matter consldered as part of an
Independent e￿MIna￿On.' or
the accounts have not been prepared in accordance with the methods and principles of the Ststement Df
Recommended Practice for accDunting and reporting by charitles lapplicable to tharitI￿ preparing their
accounts In accordance W￿th the Financial Reporting Standard applicable in rhe UK and Republic of Ireland IFRS
10211.
I have no concerns and hav2 come acr055 llo other matters in connettion with the examination to which attention
should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached.
D Stevens
Bright ErDwn ￿Mited
Isle of Wight
Date..
Page 8

STOREROOM 2010
srATEMENTOF FINANCIALACTMTIES
roR THE YEAR ENDED 31 DECEMBER 2025
2025
Totsl
funds
2024
Total
fijnds
Unrestritted
funds
Re5triLted
funds
INCOME AND ENL￿WmE￿fS FROM
Donations and lewaties
6￿)
2,944
3544
3,453
Charitsble artivitles
Prevention and relief of poverty and protection
and preservation of the envirtsnment
Mèn in Sheds
249,553
249,553
55,064
236,093
59,311
55,064
Other trading activitiÉS
Investrnent incorne
2,d81
L167
2,481
1,167
2,345
L857
Totsl
253,801
58,008
311,809
3￿.059
EXPENDITURE ON
Charttable activities
Prevention and relief of poverty and protection
nd p￿se￿￿tIon of the environment
Men in Sheds
246,463
2,068
246.463
50,913
272,781
61.079
48,845
Total
248,531
48,845
297,376
333,860
NET INCOMEIIV(PENDITUREI
Transfers ￿￿leen funds
5,270
1,090
9,163
11,0901
14,433
130,8011
21
NètmovemÈnt in funds
6,360
8.0
14,433
130,8011
RECONCILIATION OF FUNDS
Totrdl lund5 bFought forward
515,143
18,257
533.4DO
564,201
TOTAL FUNDS CARR]ED FORWARD
521,503
26330
547,833
533,400
The notes form partof these fin8noal statements
Page 9

STOREROOM 2010 (REGISTERED NUMBER: 074889661
BALANCE SHEET
31 DECEMBER 2025
2D25
Tlltal
funds
2024
Total
Funds
Unrestricted
funds
Restricted
fund5
Notes
FIXED ASSETS
Tangible assers
15
544.595
544,595
564,8S8
CURRENT Assgrs
Debtors
Cash at bank and in hand
16
12.863
112,654
12,863
138,984
11.494
125,651
26,330
125,517
26,330
151,847
157.145
CREDITOR5
Amounts falling due within one year
17
127,9491
127,9491
126,2261
NEf OJRRENT ASSETS
97,568
26,330
123,898
110,919
T07ALAssrfs LESS CURRENT LIABIUTIES
642,163
26,330
668,493
675,777
REDITORS
Amounts falling due after MO￿ than one year
18
1120,6601
1120,6601
11413771
NEfA55ETS
521,503
26,330
547,833
533.400
FUNDS
Unrestricted fund5
Restllcted funds
21
521,503
26,330
515,143
18,257
TOTAL FUNDS
547,833
533,400
The charitsbl? company is entided to exemption froffl Budyc under section 477 of the Companie5 Act 2006 for the year
Ended 31 December 2025.
The members have not required the company to obtsin an audit of its financial statements for the year ended
31 December 2025 In accordan¢e'Nith Section 476 of the Companie5 Act 2006.
The truttees acknowledge their responsibilities for
ensuring that the charitable company keep5 accounting records th8t comply with Sectltsn5 386 and 387 of the
Companies Att 2006 and
preparlng tlnanoal statements which give a true and fair view of the state of aff3irs ol the charitsble company as
at the end ol each financial year 3nd of its surplus or defiot for each finanei81 year in accordance with the
reouirernents ol Sectiofjs 394 and 395 and whi¢h otherwise comply with the requlrernents of the Companies Act
2006 relating to financial ststements. so fèr as applicable to the charitable company.
The notes form parr of these thnancial staternent5
Page 10
contlnued...

OREROOM 2010 IREGtSTERED NUMBER., 074889S61
ALANCESHEET- continued
31 DECEMBER2Q2S
These finanoal statements have been prepared in a¢cordèn¢e with the prDvislons applicable to charitsble companles
subjettto the small COTnpanies regime.
The
cial statements were approved by the B03rd ot Tnstees and authorised for issue
. and were signed on its behalf by-.
on
W Miller-TnJstee
The note5 form part of th￿e finandal statemènts
Page 11

STOREROOM 2010
OTESTO THE FINANCIALSTATEMENT5
FOR THE YEAR ENDED 31 DECEMBER 2025
ACCOUNTING POLICIES
Ba515 of preparing the fina￿la1 statements
The flnanual Statements of the charitable cotnp8ny, which is 3 public benefit entity under FRS 102, have béen
prepared in acEordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of
Recommended Pr3cfice applicable to charitle5 preparin¥ their accounts in accordance with the Finanu31
Reporting Stand3rd Bpplicable in the UK and Republic of [￿land IFRS 1021 leffettive l January 20191,, Financi?
Reporting St3ndard L02 'Ttrie Financial Report￿rng Standard applicable in the UK and Republic of Ireland. dnd the
Companies Act 2006. The financial staterrlents have been prepared uniyer the historical cost convention.
Income
l income Is recognlsed in the Statement of F￿nanCIal Artp¥ities once the charity has entitlement to the funds, it
is probable that the incorne will be rEceived and the amount can be measured reliably.
Expenditure
Liabilities are recognised a5 expenditure as sotsTr a5 there is a legal or constructive obllgation comrnitting the
charfty to that expenditure, it is probable that a transfer of economi¢ benefits wll be requI￿d in setdement and
the amount of the obligation Can be meo5ured rellably. Expenditure 15 actounted for on an aceruals basis and h8s
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
ttributed to particular headin8S they have been allocated to activities on a basis consistent with the use of
resources.
CharStable 3Ctiwties
Charitable expenditure comprises those costs incurred by the charity in the delivery of its attivittes and servlces
for its beneliciarie5, It includes both costs that can be allocated directly to such artivities and those costs ol an
indirect nature necE55ary to 5UPPOrtthem.
GovÈrnance costs
Govern3Trce costs indude those costs associated with meeting and constitutional and statutory requirements of
the charity and include independent examination fees and Costs linked to the strategic management DI the
charity.
Allocatlon and apportionment Df costs
All costs are allocated between the expenditure categories of the Statement of Financial Acrlvitles on a basis
designed to reflect the use ol the resource. Costs that relate to a particular activity are allocated dlreciy, others
re apportioned between 3Ctivitte5 in line with their ￿sPeCtive proportion of the total incoming resources.
Tèngible fixed a55et5
Depreciaticn is provided at the following annual rates in order to write orl each asset over its estimated useful
Freehold property
Improvements to propertv
Plant and m3chinery
Motor vehides
Computer eqLJipment
not provided
not provided
25% on cost
25% on c05t
25% on CDSt
The usefvl economic life of the charity's freehold buildings 15 reviewed regularly and they are maintained lo such
a standard that their estimèted residual value is not I￿$ than their cost or valuation. Under the Trrcumstances
depreiation is not charsÈd as the trusLees are of the opinion that It would be in5ignilicant and as such does not
Impair a twe and lair view.
Page 12
Eontinued...

SVOREROOM 2010
NOTESTOTHE FINANCJALSTATEMENTS- continuèd
FOR THE YEAR ENDED 31 DECEMBER 2025
ACCOUNTING POLlaES- continued
Taxation
The charity is exernpt from corporation tax on ts charitable activities.
Fund aEtounttng
Unrestricted funds can be used in accordance with the tharitsble obj<TrCtives atthe discretion of the tmstees.
Restricted funds can only be used for particular restricted purp05Es Ivithin the objeets of the charity- Restricti¢ms
arise when spec4fied bythe donor orwhen funds are raised for particular ￿stritted purpos￿.
Furrher explanation of the r>atyre and purpose of ead) fund is included in the notes to the financial ststements.
Pension costs and otheT Post-retirement benefrts
The charitable company Operat￿ a defined CDntribution pension scheme. Contributions p2yJble to the
tharitable company's pension scheme 3re charged to the Statement of Financial Activities in the period to which
they reLIte.
DONATIONS AND LEGAaES
2025
Total
fund5
2024
Total
fund5
Unrestricled
fund5
Restricted
funds
D¢nations
60D
2,944
3,544
3,453
OTHER TrADING AcnvrnES
2025
Total
funds
2024
TDta
ftjnds
Unrestrirted
funrlg
Restrictred
funds
Sale of MIS goods
2,481
1481
2,345
INVESTME￿riNc0ME
2025
Totsl
funds
2024
TDta
funds
Unrestricted
funds
RestrittÈd
funds
Deposit account interest
1,167
1,167
1,857
Page 13
continuÈd...

STOREROOM 2010
NOTE5 TO THE FINANc￿LSTATEMENTS- continued
FOR7HE YEAR EMDEO 31 DECEMBER 2025
INCOME FROM CHARITABLE AcfiviTIES
2025
2024
Activity
PrevEnthDn and relief ol poverty and
protection and preseNation of the
environment
ProvEntion ancl relief of poverty and
Protec￿on and preservation of the
environment
Prevention ènd relief of poverty and
protection and prese￿ation of the
environment
Prevention and relief of poverty and
protectlon 8nd preservation of the
environment
MEn in Sheds
Sale of donated goods
246.111
233,148
Gift ald
3.192
1,945
Grants
LLK)O
SHG admin lee5
Grants
250
55,064
59,311
304,617
295,404
Grants received, included in the above, are as follows:
2025
2024
General
Men in Sheds
National Lottery ReachinB Communitie5
1,000
7.774
5L537
2.650
52,414
55,064
60,311
CHAAITABLE ACTIVITIES COSTS
Direct
Costs (see
note 71
Support
costs Isee
note 81
Totsls
Prevents'on and relief ol poverly and
protection and presetvation ol the
environment
Men in Sheds
242.582
50,039
3.881
874
246,463
50.913
292,621
4.755
297.316
Page 14
contlnyed...

STOREROOM 2010
NOTES TO THE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER ZL125
DIREcfcosTS OF CHARITA8LE ACTIWTIES
2tr25
2(Y24
staff costs
HSre of plant and machlnery
Rates
Insur8tsce
ght, heat and vmter
Telephone
Postage and stationery
Advertising
Sundrie5
Health care
Motor and travel expenses
Volunteer5, expenses
Professional fee5
Repairs and renewaLs
Subscriptions
Refre5hrnents
Stsff training
Streamllne charges
Bank charges
Non-recoverable ixputVAT
DeprEciation
Interest payable and similar tharges
215.674
1,076
3,015
5,650
5,732
921
1,088
1,390
109
431
IL149
1.428
125
4,093
2,233
1,760
223,803
1,184
1,124
4,963
5.278
977
1303
2.870
507
3.031
21949
1,414
211
9,478
2,269
2.337
1,318
1,881
662
3,490
25,875
13N53
2.084
615
1,ts4
21,354
IL500
292,621
329,377
SUPPORT COSTS
Governan
costs
Prevention and relief of povety and
protection and preservation of the
environrrsent
Men in Sheds
3,881
874
4,755
PBge 15
continued...

STOREROOM 2010
NOTES TO TH£ FINANCIALSTATEMENT5. continued
FOR THE YEAR ENDED 31 DECEMBER 2025
SUPPORT COSTS-¢ontinued
Support Costs, included in the above, are as follows..
GovernancÉ costs
2025
2024
Prevention
and
relief of
poverty
and
protection
ènd
preseNation
orth&
enwronment
Men in
Sheds
Total
acknvities
Total
activities
Professional fees
Independent examiners, fees
Independent examlners, fees for other
service5
253
1,652
253
2,050
54
2,228
398
1,976
476
2,452
2,201
3,881
874
4.755
4.483
2025
Total
funds
2024
Total
funds
Unrestricted
fund5
Restricted
funds
Support rosts
4.755
4,755
4,483
io.
NET INCOSVIEIIEXPENDITVREI
Nèt incomellexpenditurel 5s ststed after charyngllcreditingl..
2025
2024
Deprociation- owned assets
Hire of plant and machinery
21.3S3
L076
25,873
1,184
Page 16
contlnued...

STOREROOM 2010
NOTES TOTHE FINANcfALSTATEMENIS- cuntinlred
FOR THE YEAR ENDEL) 31 DECEMBER 2025
ii.
TRVSTEES. REMUNERATION AND BENEFITS
There were no trusEee5' remuneration or other benefits for the year ended 31 De￿rnber 2025 nor for the year
ended 310@tsrnber 2024.
Trustees, expenses
Thère iverE no tnjstees, expenses p31d for the yeaT ended 31 De￿rnber 2025 nor for the year ended
31 December2024.
STAFF COSTS
The average monthly numberof employees duringthe year Was as follows:
2025
2024
io
Charitable activities
No employees re￿iVed emrilurnent5 in ex￿55 of £60,000.
The thi2f Executive Officer and General Manager are considered key management personnel. The tota
employee benefits forthese posts We￿ £75.17912024- £68,577).
MATERIAL TRANSFERS
Restrirted fund expenditure Df a capit31 ttatU￿, mainly the purchase of equipment. Is induded in fixEd asset
additions at the time of the purchase.
An arnount equal to the lower of the incorne Feceived in respect of the equipment or the cost of this equlpment
is transferred from the restricted fund to the unrestricted fund, provided that this er4uipmÈnt may be used by
the charityfor rts gener31 applirdtion.
DéprÈtiBlion on thls equlpment will be charged against unrestricted funds. A transfer from the restricted fund to
the unrestricted fund will not be made for fr<ed asset additions that are not t8pable OF being used by the tharity
forgeneral application. Dep￿CiatIon in ￿spect of thi5 type of asset will be ch3rgEd against restricted funds.
COMPARATIVES FOR THESTATEMENTOF HNANCIALAcllviTtES
Unrestricted
fund5
ReStr￿tted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and le8acles
780
2,673
3,453
Charitsble artivities
Prevenbon and ￿lIef of poverty and
protection and pr￿erVation ol the
environment
Men In Sheds
236.093
236.093
59,311
59.311
Other trading aetiiryties
Investment income
2,345
1,857
2,345
1,857
Total
241,075
61584
303,059
P3ge 17
continued...

STOREROOM 2010
NOTES 70 THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR EP4DED 31 DECEMBER 2025
14.
COMPARA71VES FOR THE STATEMENT OF FINANCIALAcfiviTIES- continued
Unrestricted
funds
Restricted
funds
Total
lunds
EXPENDITURE ON
Charitsble activities
Prevention and relief of poijety and
protetrion and preserwation of the
environment
Men in Sh￿s
270,151
4.869
2,630
56.210
2n,781
61,079
Total
275.020
58,840
333,860
NET INCOMEIIEXPENDITUREI
Transfers between funds
133,9451
36,792
3,144
136,7921
130,8011
Net movetment in funds
2,847
133,6481
130,8011
RECONCIUATION OF FiJNDS
Total funds broughtforward
512,297
SL904
564,201
TOTAL FUND5 CARRIED FORWARD
515,144
18,256
533,400
15,
TANGI8LE FIXEDASSEf5
Improvements
Fr&ehold
property
Plant and
machinery
property
COST
At l January 2025
Additlons
514,313
23,726
75,990
1,090
At 31 Detsrnber 2025
514,313
23,726
77,080
DEPRECIATION
At ljanuary 2025
Charge for year
13,972
2.373
41,586
12,929
At 31 December2025
16,346
54.515
NET BOOK VALUE
At 31 December ?025
514,313
7,380
22,565
At 31 Oecernbèr 2024
514,313
9,753
34,404
Page J8
continued...

STOREROOM 2010
NOTESTOTHE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2025
TANGIBLE FIXÉDASSEfs- contlnued
Motor
vehicles
Computèr
equipFnent
Tots15
COST
At ljanuary 2025
Addition5
63.355
10.242
687,626
1,090
At 31 December2025
10,242
688,716
EPRECblTION
At ljanuary 2025
Char8e for year
57.858
5,497
9,351
554
122.768
2L353
At 31 Oecernber2025
63,355
9,905
144.121
BOOKVALUE
At 31 De￿rnber 2025
337
544595
At 310ecember2024
5,497
891
564,858
16.
DEBTORS: AMouKfs FALLINfj WEWThIN ONE YEAR
2025
2024
Trade debtor5
Other debtors
VAT
Prepayments
3,000
591
993
8,279
917
I,￿7
8,740
11863
11,494
17.
CREDtTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
Bank loans and ovÉrdtsfts (see note 191
Social security and Dthertsxes
Accrued expenses
21,717
3,460
2,7T2
20,153
3,366
2,707
27,949
26,226
Page 19
continued...

STOREROOM 2010
NOTES TO ThE FINANCIAL sfATEMENfs- continued
FOR THE YEAR ENDED 31 DECEWIBER 2025
18.
CREDITORS,. AMOUNT5 FALLING DUE A￿ER MORE THAN ONE YEAR
2025
2024
Bank loans (see nc*ts 191
120,660
142,377
19.
LOANS
An analysis Df the maturity of loans is given below=
2025
2024
Amounts falllng due within one year on demand..
Bank loans
21,717
20.153
Amounts falllng betrNeen one and two year5..
Bank loans- 1-2 yea
23,403
21,717
Amounts falling due between two and live years..
Bank loans- 2-5 years
81,686
75,801
Amounts falling du2 in more than live years..
Repaydble by instalments..
BaTrk1oans n)ore 5 yr by instal
15,571
44,859
2D.
SECUREO DEBTS
The followin8 *cured debts a￿ Included wrthin creditors..
2025
2024
Bank loans
142.377
162.530
The b3nk106n is secured by a legal charge on the charity's I￿ehOld property.
Page 20
continued...

STOREROOM 2010
NOTE5TOTHE FINANCIAL STATEMENTS- tontinued
FOR THE YEAR ENDED 31 DECEMBER 2025
21.
MOVEMENT IN FUN05
Net
movement
n funds
Transfers
between
funds
At
31.12.25
At l.L25
Unrestr5Cted fvnds
General fund
Designated fund ltsngible r￿Ed assetsl
Designated fund15peaal proiectsl
87.814
4￿1,329
25,000
26,624
12L3541
120,1531
21.243
94,285
402,218
25,000
s￿,143
5,270
1,090
521,503
Restrlcted funds
Men in Sheds
National Lottery Reathing Communitie5
9.054
9,203
5,202
3.961
11,0901
13,166
,164
18,257
9.163
11,0901
26,330
TOTAL FUNDS
533,400
14A33
547,833
Net movement in funds. includèd in the above are as follows..
Incoming
resources
Resource5
expended
Movement
in funds
Unrestritted fvnds
General fund
D&lgnatEd fvnd Itanwble fixed assets)
253,801
1227.1771
121.3541
26.624
121,3541
253301
1248,5311
5,270
Restricted funds
Men in Shed5
National Lottery Reaching Communitie5
5,594
52A14
13921
148,4531
5202
3,961
58,LX)8
148,8451
9,163
TOTAL FUNDS
311,809
1297.3761
14,433
PaEe 21
continued...

STOREROOM 2010
NOTES TO THE FINANCIALSTATEMENT5- tontinued
FOR THE YEAR ENDED 31 DECEMBER 2025
21.
MOVEMENT IN FUNDS- contlnued
Comparative5 for movÈment in funds
Nèt
movEThent
in funds
Transfers
between
funds
At
31.12.24
At 1.1.24
Unrèstrrcted funds
GenÈral fund
De518n3ted fund Itangible fixed assets)
Designated fund Ispecial proje£tsl
3,513
353,784
25,000
18,0721
125,8741
137,6271
74,419
87,814
402,329
25,000
512,297
133,9461
36.792
Restrirted funds
fvlen In Sheds
National Lottery Reaching Corpmunities
5wire Charitabl& Trust
Storeroom
515,143
6,699
25,075
17,500
2.630
10.000
14.2251
17.6451
111,6471
117,51X)I
9.054
9,203
12.6301
51.904
3,145
136,7921
18.257
TOTAL FUNDS
564,201
130.8011
533,400
Comparative net movement in funds, included ￿rn the above are 35 follows..
Incoming
resources
Resou[￿S
expended
MovEment
in funds
Unrestritted funds
General fund
Designated lun(S Itangible fixed assets)
241,074
1249,1461
125,8751
18,0721
125,8741
241,075
Restrtcted lunds
Men in She
National Lottery Reaching Communities
Storeroom
1275,0211
133,9461
10,448
5l536
14481
155,7611
12,6301
10,000
14,2251
12,6301
61.984
158,8391
3,145
TOTAL Fuf4DS
303,059
1333,8601
130,8011
Page 22
conlinued...

STOREROOM 2010
NOTESTO THE FINANCWLSTA7EMEwf5- continued
FOR THE YEAR ENDED 31 DECEMBER2025
zi.
MOVEMENT IN FUNDS- continued
A currentyÈar 12 months and prior year 12 months combined p0s￿on is as fdlows..
Net
movement
in funds
TTrnsFer5
between
funds
At
3L12.25
At l.L24
Unrestrieted funds
General fund
Designated fund Itangible fixed assets1
Designated fund Ispery31 projects)
133.513
353,784
25,000
18,552
147,2281
157.7801
95,662
94.285
402,218
25.000
512,297
128,6761
37,882
521,505
Restrirtedfunds
Men in Sheds
National Lottery Reaching Comrnunities
Charitsble Trust
Storertsc)m
5,699
25,075
17.500
2.630
15,202
12641
18,7351
111,6471
117,5Lfll
13,166
13.164
12,G301
5L904
12.308
137,8821
26,330
TOTAL FUNDS
564,201
116,3681
547,833
A current year 12 months and prior yezr 12 months combined net movEment in fvnds, induded Sn the above are
as follows..
Incoming
resources
Resour￿$
expended
Movement
in funds
Unre5trictsd funds
General fund
Designated fund ltsngiblefixed assets)
494￿75
1476,3231
147,2291
18.552
147,2281
494,876
1523,5S21
Restricted funds
Men tn Sheds
National Lottery Reaching Cornmunities
Storeroorn
128.6761
16,042
103,950
18401
1104,2141
12,6301
15,202
12641
12.6301
119,992
IlJ7,6841
12.308
TOTAL FUNDS
614,868
1631,2361
116,3681
Trans￿r5 betAueen funds
During the year, the following amounts were ttsnsferred between funds..
£20,153 was transferred from the general fund to the designated fund Itangible fixed assets! This amount
reprèsents the m(wemÈnt in the net ￿lue of tsngible fixed assets I￿ any liabilities oiving irTr relation to those
assÈts as at the ye3r end.
Page 23
continued...

STOREROOM 201Q
NOTES TO THE FINANCIAL STATEMENTS- Contlnued
FOR THE YEAR ENDED 31 tJECEMBER 2025
21.
MOVEMENT IN FUNDS- continued
Transfers between funds- continued
£1,090 was transferred from the Men in Sheds restricted fund tfj ihe designated fund. This ￿presents amounts
received a5 restricted income toward5 the c05t of purchasing a55ets for USÈ by Men in Shed5, the purchase5 of
whlch were completed during the year. ThE use of these a55et5 will be for ￿n￿strIcted charitable activtties.
22.
RELATED PARf( DISCLOSURES
There were no related p3rty transactions for the yeai ended 31 December 2025.
P3ge 24

STOREROOM 2010
O￿AllED STATEMENTOF FINANCIALAcnvmES
FOR ThEYEAR ENDED 31 DECEMBER 2025
2025
Total
fun(ts
2024
Totsl
funds
Unrestrirted
funds
Re5trirted
funds
INCOMEAND ENDOWMENTS
Donations and legacies
Donations
600
2,944
3,544
3,453
Othertrdding activltieg
Sale of MIS goo(
2,481
2,481
2.345
Investment income
Dep051t account interest
1,167
1.167
L857
Charitsble aCt￿ltIeS
Sale of donated goods
Gift aid
Grants
SHG admin fees
246,111
3,192
246.111
3,192
55,064
250
233,148
1,945
60.311
55,064
250
249.553
55.064
304,617
295,404
Total incoming resourcès
253.801
58.CM)8
311.809
303.059
EXPENDITURE
Charitable actNities
Wages
Pensions
Hire of plant and machinery
Rate5
Insurance
Light, heat and water
Telephone
Postage and stationery
Advertising
Sundries
Health care
Motor and travel expenses
Volunteers, expenses
Professional fees
Repairs and renewaLs
Subscriptions
Refreshments
Carried forward
170,038
3.069
1,076
2,573
5,400
3,348
921
798
992
42,567
212,605
3,069
1.076
3,015
5.650
5.732
921
1,088
1,390
109
431
11,149
1,428
125
4,093
2.233
1,760
255,874
220,759
1,184
1,124
4.963
5,278
977
1,303
2,870
507
3.031
21,949
1,414
211
9,478
2.269
2,337
282,698
250
2,384
290
398
109
431
11,149
1.428
125
2,676
2,034
1,038
207,cr36
1.417
199
722
48,778
This page does not form partofthe ststutory fin3nual Statements
P3ge 25

STOREROOM 2010
DETAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
Total
fund5
2024
Total
funds
Unrestricted
funds
Restricted
funds
Charltsble artivities
Brought fonvard
Staff training
Streamline charges
Bank charges
Non-recoverable input VAT
Depreciation of tangible fixed 85sEts
Bank loan interest
207,096
48,778
255,874
282,698
1,318
1,881
662
3,490
25,875
13.453
2,084
2,084
615
1,194
21,354
11,500
67
1,194
21,354
11,500
243,776
48,845
292,621
329.377
Support costs
Govemance costs
Professional fe
Independent examine￿, fees
Independent examiners, fees for other services
253
2,050
2,452
253
2,050
2.452
54
2.228
2,201
4,755
4,755
4,483
Total resources expended
248,531
48,845
297.376
333.860
Net lexpend¥turèllintome
5,270
9,163
14,433
130,8011
This page does not form part of the statutory fTnancial statements
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