REGISTERED CIO NUMBER.. CE007610 {England and Wales)
REGISTERED CHARITY NUMBER.. 1167802
Rewrt of the Tiuslees and
Unaudited Financial Statements for the Year Ended 31 December 2025
The Cart Shed Charity CIO

The Cart Shed Charity CIO
Conlents of the Financial Statements
for the Year Ended 31 December 2025
Page
Reference and Administrative Detsils
Report of the Trustees
2106
Independent Examiner's Report
Statement of Financi81 Activities
Balance Sheet
Cash Flow Statement and Notes
10
Notes lo the Financial Statements
11 to19

The Cart Shed Charity CIO
Referen￿ and Administrative Details
for the Year Ended 31 December 2025
TRUSTEES
A J Davies
Dr C Goldsmith
D S Hunt (Chairl
B Jackson
Dr R Penney
N Snell
A Wrixon
P M P Wrixon
REGISTERED OFFICE
Devereux Wootton
Norton Canon
Herefordshire
HR4 8QN
REGISTERED CIO NUMBER
CE007610 (England and Wales)
REGISTERED CHARITY NUMBER
1167802
INDEPENDENT EXAMINER
R J Francis & Co
Marshall Business Centre
Faraday Road
Hereford
Herefordshire
HR4 9NS
Page 1

The Cart Shed Charity CIO
Report of the Tiustees
for the Year Ended 31 December 2025
The trustees present their report with the financial slatemenls of the charity for the year ended 31 December 2025. The
financial statements have been prepared in accordance with the accounting policies set out in note 110 the financial
statem8nts and compty wth the chartty's constitution, the Charities Act 2011 and 'Accounting and Reporting by Charities..
Statement of Recommended PiaGtice applicable lo cha¥ities preparing their a￿oUnts in accord8nce with the Financial
Reporting Standard applEcable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,.
OBJECTIVES AND ACTIVITIES
Objective5 and aims
To piomote soual indusion for the public benefit in Herefordshire, the West Midlands and Wales and the surrounding
area by preventing people from becoming socially excluded. relieving the needs of those people who are socially
excluded and assisting them lo integrate into soriely. For the purpose of this clause'socially excluded, means being
excluded from soryety. or parts of soryety as a result of one or more of the following factors.. unemploytnenl.. financial
hardship," youth or old age," ill he8tth (physical or menlall., substance abuse 01 dependency including alwhol and drugs-
disuimination on the grounds of sex, race, disability, elhnic origin, religion, belief, cieed, sexual orientation or gender re-
assignment." P(KJr educational or skills attainment- relationship and family breakdown." pool housing (housing that does
not meet basic habitable standaid51," clime leithei as a victim of crime or as an offender rehabilitating into 50cietyl.
To promote for the benefit of Ihe inhabitants of Herefordshire, the West Midlands Wales and the surrout)ding area
the provision of facilities foi recreation or olher ￿lSUre time occupation of individuals who have need ol SLJch facilities by
re8son of their youth, age, infirmity or disablement. financial hardship or social and economic circumstances or for the
publi¢ al laige in the interests of social welF8ie and wl(h the object of improving the condition of life of the $8id
inhabitants.
Public benefrt
In drafting this report, the trustees havè complied with the duty in Se(*itin 4 of the CharitiesA¢t, tr) have due regaid l()
public benefit guidance published by thè Charity Commissth.
The Cart Shed was awarded The Queen's Award for Volunteering on June 2nd 2017. Known as the MBE for voluntary
organisations, this accofade was awarde¢J because of the significant impact The Cart Shed has on the individuals who
attend sessions.. Transforming lives in Hereford by offering skills, friendship and a future to those in mental or physical
distress.
The Cart Shed offers opportunities to try something new and improve well-being., lo find friendships and a place of calm
in a supporting, natural envirrnment. Based in Herefordshire our woodlands lend thernselves to enabling individuals to
over¢orne and accept episodes in their INes they find diffi￿lt lo live with.. whether as a result of the105s of a partner or
close friend, drfficult working conditions, or poor health.
We work with individuals of all b8dtground$. lrfting L4bel$ and mintmising stigma_ There are no w81Ss. bad9Èd he8f(h
profession81s or waiting rooms.
Page 2

The Cart Shed Charrty CIO
Report ofthe Trustees
lor the Year Ended 31 Decernber 2025
STRATEGIC REPORT
IMPACT AND PERFORMANCE
The Cart Shed was able to secure fvnds from several sources to maintain and develop the service and ended up with
slight surplus at the end 012025.
There continues to be a focus on supporting neurodivergent tndividuals, speafically those who areAuiistic or have
ADHDIAUDHD. There is Glearly somelhirYJ in the low sensory input a natural environment offers that benefits this profile
of individual. Anxieties are ￿duced and those who struggle to cornmunicate in their day to day lives are supported to find
connection wth others. The therapeutic input from our clinicAI le8m ensures that peO￿e with poor mental heallh and
emotional wellbeing are able to understand and addiess their issues effectively.
Partnerships
In October haKterm we hosted a group of young petsple with Impai￿ vision from the national charty Look UK. They had
fabulous day in the woods building dens, Flaying games and making willow trays.
"The day enabled A land me) to be a part of an activity Ihat was focused to be supportive of their needs. He and I felt
included and not the odd ones out or that we had lo behave in ways to fit in with others." We are planning on increaslng
this ielalionship as we are well aligned as charities that support young people.
HVOSS UKSPF People and Skills Partnership. Enabling people to find meaning. purpose and a future through improved
mental health is key to our work. As part ol the UKSPF funded HVOSS People and Skills collaboialive partnership fvnd
we enabled 2S part￿1pant9 achièvè qualifiG4tions and move towards employment and volijnteering.
Herefordshire College of Art. We secured funding to wort( with the Artist Blacksmith students to build 6 sustainable forges
and run sevef81 Workshops in the woods with Young Cart Shed participants. The imp8Ct was significant with a number of
young people building enough confidence to appty lo go to Art College or find apprenticeships in etYJineering. Bringing in
opwrtunities such as these to The Catt Shed helps people see there is a future for them that they may not have
considered before.
Young Cart Shed Programme
We expanded our Young Cart Shed provision again to try to meet the increasing demand for our service. A fourth
Session was introduced in September and a fifth in February'26 as an increasing number of schools are learning about
the effectiverie55 of what we do to support young people lo return to learning.
r tnatte
Thè funding land$e8pe continues to be challenging, whilst we have an ongoing rolling programme of applications lo
Trusts and Foundath'ons, we are mindful we May need to scale our setvice to meet the availability of fvnding as many of
these 8ppIic8tions are proving to be unsuccessful.
act and effica
In 2025 we W0￿ed wtth 135 individuals g week depending on the progiammes being delivered. The￿ were 323 unlque
indwiduals, induding 122 participants on our Young Cart Shed pr(NJiamme and 54 participants on our Being Autistic
programme. We delivered tsver 21,0(K) difed contact participant hours, including over 6.0(K) on our Youn9 Cart Shed
programme and nearly 2,000 on our Being Autistic piogramme. Young Cart Shed has inctea5ed to 300A of our delivery,
up from 23 /0 in 2024.
Plant Fair
Our annual Plant Fair was another huge success increasing knOw￿dge and understanding ofThe Cart Shed, oui work
and the opwrtunities available. It is also an enjoyable communty event attracting 1400 visitor5 frtsrn Heteftsidshire and
our surrounding counties.
Page 3

The Cart Shed Charity CIO
Report of the Trustees
fof the Year Ended 31 December 2025
STRATEGIC REPORT
Human Resources
Board of Trustees
In January 2026. Bill Jad¢son stepped ijown as a Trustee. We wll continue to seek new Tiuslees as part ol the Charity's
succession planning pro￿sS.
Employees
The thaiity ernploys 8 Chief Exewhve Offi￿r. a Business Deveknpment Manager, a Clinical Lead, three Occupational
Therapists, a Mentsl HeaV(h Nurse, one Training Manager, four Senior Tutors. a Finanaal Administrator. a Finance
Assistant, an Office Admintstratoi, an Events Co-ordinatof and a Sites Maintenznce Workei AJI p)silion5 are part-tirne
except that tsf the CEO and Trainin9 Manager, amounting to the full time equivalent of 9.6 mernbers of staff. We maintain
a bank of tutors and support staff Io COVÈf leave and CPD days. In addthon to this, spècialist tutors arè èmployed to
deliver specific courses,. FirstAsd and Food Safety.
Volunteers
Volunteers are the lifeblood of the charity. There are currenity 68 active volunteers, who comFAete the team (Trustees,
fundraigérs and régulai volunteers supporting activiies in the woods).
Volunteer tssks are defined thus..
Trustees- reswnsible for govemance, due diligence and sale running of the charity.
Fundraising Committee- who stage fundraising events through the year, induding the SU￿sSful Plant Fair.
Woodland volunteers- approximately 52 regularfy volunteer their time in support of The Cart Shed as follows..
Drivers- a team that take o(Jr minibuses lo the market towns of Hereford. Leominster and Kington lo Collect
participants, enabling them to attend sessions and increasing our accessibility. Herefordshire is thé 4th mosl
rural County in England with hatf the population Ihfing in our dispersed rural communities.
Cooks- we provide a hot ￿Ut[l(louS lunch which has been cooked Èn ourwoodland kitchens. This ensures all
participants have access to a healthy and sustaining tneal and other relieshments during the day. It helps build
a sense of community, wellbeing and connection.
Support Tutors- a team of people who have a range of skills that they share with partiapants enabling them to
complete their projects effectively and safely.
Sile support- a team of volunteers who help to maintain the woodland structures and equipment.
Polytunnel volunteers- a team of volunteers who maintain the horticultural site and ensure fresh pr0dl￿ is
available through the summer and autumn months for the soup that volunteer cooks make.
FINANCIAL REVIEW
RÈsÈrvÈs poliey
The Board reviewed its reserves polry in October 2024 and adopted the updated ￿lcY at the Board meeting on 18th
November 2024 as folbws..
Due lo the nature of the organisalK)n and the regular review of the budget, this policy wli I be reviewed on an annual b8SiS
lo ensure that the continuity elernenl malches changes to the annual budget and the restructuring element matches the
requirements of trading actNities.
The cydic31 rll8inlen8r￿ element moves forward in at least an inflationary manner
The dissolution element matches the requirements of the staffing levels
Page 4

The Cart Shed Charity CIO
Report of the Trustees
foi the Year Ended 31 December 2025
Reserves policy continu8d
Designated funds artr updated based on projects completed and new projecis identified
ContinuFty Fund- This fund is to be used to bridge any possible delays in receiving promEed grants or
managing payment in arrears contracts. This has beèn dèfjnèd as 8 rninimurn of 8 thiee months, budgeted
trading activity-
Cydical Maintenance Fund - This fund is to ￿ usèd fr)r major ttems of mairrtenance of Ihe fabric of the buildings
suth as redecorating the interior and exteriors.
Dissdution Fund- This fund piovides for th6 costs of dissolulK)n should the c*arity be unable to o)ntinue. It is
only to be used in the event of the Trustees. deciding the charity should cease to exist. It will be used to pay
notice periods, iedundancies and the expenses of running the Cart Shed until closure of the organisation.
Relocation Fund- This fund provides for the costs of relocating the activit￿$ of the charity to a nèw location.
Designated Fund - Specific projècts
Other designated funds- funds which have been allocated lo a speafic activity or projeci
FUND
Fixed Assets
Continuity
Cyclical Maintenance
Dissolution
RelcKation
Designated piojeds
IT equipment replacemeNI- £25,000
Minibu5 replacètnent- £50.000
Other- Longueville for Young Cart Shed
TOTAL
AMOUNT
2140,000
£125,000
£15.000
£40,1X)O
£100,000
£75,0)0
£87,CM)O
£582,000
FUTURE PLANS
Urban Cart Shed
This idea remains a key arnbition. There are several problems operating a faality from a very rural location that need to
be addressed.. Transporting people on and off sile., the difficutties ol maintaining the working environment in cold, wet
winters,. increasing 8c¢essibility lo Qui Servi￿ foi those with additional needs or dedining health. During the year we
identified a property that might have ￿en suitable. however it transpired constraints regarding on-going liabilities
prevented the sale from going forward. We have identified another property in Leorninster and are currently exploring its
viability as our Urban Cart Shed. We would hope Its do this in partnership with other kocal mental health charities. The
Trustees may decide durin9 th8 year to redeploy some of the de$ign8ted funds towards acquiring a property if a suitable
one becomes available.
Page 5

The Cart Shed Charty CIO
Report ol the Tiustees
fof the Year Ended 31 December 2025
STRUCTURE. GOVERNANCEAND MANAGEMENT
Goveming document
Th8 thatty, which is 8 Charitsble Incorporated Organisation. is governed by its Constitution dated 10th February 2016
Or9anisational structure
The Cart Shed Charity is administered by a Board tsf Trustees. The Chair David Hunt, along with the Board of Trtjstees,
meet four times a year, primarily to ieview matters of governance. fin8n¢e, staff and sliategy.
The Board is actwely seeking new trustees with specffic skills in and knowledge of mental health and military veteran
requirements.
Rèport of the Tiustee5, Èncorporating a Strateg￿ report. approved by order of the Board of Trustees and signed on its
behalf by".
David Hunt- Trustee
lo￿ June 2026
Page 6

Independent Examine¥'s Report to the Trustees of
The Cart Shed Charity CIO
Indèpendent examlner's report trj the trustees of The Cart Shed Charity CIO
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2025.
Responsibilities and ba515 of report
As the charity's trustees ol the company land also tts diieGtors for the Pufposes ol company lawl you are responsible for
the preparation of the acoJunts in accoidance wrth the requirements ofthe Comp8niesAct 20061'the 2008 Adl.
Having satisfied mysdf that the accounts of the cx)mpany are not required to be audited undei Part 16 of the 2006 Act
and are eligible foi independent examination. I report in respect of my examination of your charity's accounts as cairi8d
out undei sedion 145 of the Charities Act 2011 Clhe 2011 Act'l. In carying out my examinalion I have followed the
directions gNen by the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examiners statement
Since your charity's gross income ex￿eded £250,0(M) your examinei must be a member of a listed body. I can confimi
that l am qualified to undertake thè èxamination because l am a memb81 of the institute of Charte￿d Accountants in
England and Wales, which is one o* the listed b￿les.
I have ccynpleted my examination. I confirm that no matters have come lo rny attention in connedon with the
exarnination giving me eAuse to believe..
Accounting records were not kept in respect ofthe company as required by S6ction 386 ofthe 2[￿ Act., or
2. The accounts do not accord with those records-, or
3. The accounts do not comply wth the accounting requirements of section 3￿ oflhe 2006 Act other than any
requirement that the 8ccounts give a true and fair VTew which is ty)t a matter con5rdered as part of an
independent 8xamination.' or
4. The accounts have not been prepared in accordan￿ with the methods and principles of Ihe statement of
re¢otnffiended practice for accounting and reporting by charities lapplicable to ch8rities preparing their accounts
in accordance with the Financial Reporting Stsndards applicable in the Uk and Republic of Ireland IFRS 10211.
I have no concems and have ￿rne across no other matters in wnnection with the examination to which 81tenlion should
be drawn in this report in order to enable a proper understarKling of the accounts to be reached.
MrAndrew Houston FCA
The Institute of Chartered Accountants in England and Wales
For and on behalf of.
R J Francis & Co
Marshall Business Centre
Faraday Road
Herefoid
Herefoidshire
HR4 9NS
Date.. 81h June 2026
Page 7

The Cart Shed Charity CIO
Statement of Financial Activities
for the Year Ended 31 December 2025
UnrestrLted
Restricted
2025
Total
Fund5
2024
Total
Funds
Funds
Funds
Notes
Income
Donations & legacies
Charitable activities
Other trading activities
Investment income
75,315
177,659
33,242
8.837
75,315
419,792
33,242
8,837
180.61
410.597
22,635
13,749
242,133
Total
295,053
242,133
537,186
627,587
Expenditure on
Raising Funds
Charitable Activities
7,481
283,198
7,481
528.571
4.330
500,496
245,373
Total
290.679
245.373
536,052
504,826
Net Income
Transfers betsveen funds
4.374
13.240)
1,134
122,761
17a
Nèt mov*m&nt in funds
4,374
13,240)
1,134
122,761
Reconciliation of funds
Total funds brought forward
17a
660,701
56,125
716,826
594,(65
Total funds earried fon￿ar(j
17a
665,075
52,885
717.960
716.826
The notes fom part of these financi81 statements
Page 8

The Cart Shed Gharty CIO
Balance Sheet
31 December 2025
Unrestrscted
Restricted
2025
Tot81
Funds
2024
Fund$
Funds
Total Funds
Notes
Fixed Assets
Tangible assets
12
165.483
165.483
140,396
Current Assets
Debtors
ash at bank
13
14
19,993
$00,680
520,673
19,993
563,316
583,309
69,073
554,689
623,762
62,636
62,636
Creditors
Amounts falling due within one year
15
21,081
9.751
30,832
47,332
Net Current Assets
499,592
52,885
576.430
Total Assets less Current
Liabilities
665,075
52,885
717,960
716,826
Net As8ets
665,075
52,885
717.960
716,826
Funds
UnTeslrided funds
General funds
Designated funds
Restricted fijnds
17
83,075
582.lJOO
52,885
78,701
582,(K)O
56,125
Total Funds
717,960
716,826
The financial statem8nts were approved by the Board of Trustees and authorised for issue on 10th June 2026 and were
signed on ils behalf by..
D S Hunt- Chair
The notes foim part oflhese financial statements
Page 9

The Cart Shed Charity CIO
Cash Flow Statement
For the Year Ended 31 Decembei 2025
Notes
2025
2024
Cash flows frorn operating activities
Cash generated from operations
42,758
50,317
Cash flows from investing activitie5
Purchase of tangible fixed assets
Interest r￿e1Ved
{42.9681
8,837
131.6781
13.749
Net cash used in investing activities
17,92g
Change in cash and cash equivalents in the
reporting year
8,627
32,388
Cash and cash equivalents at the beginning of the
reporting year
554,689
Cash and ¢a$h equivalents at the end of the
reporting yéar
563.316
554.689
Reconciliation of net incomellexpenditurel to net cash flow from operating
activities
2025
2024
Net income for the year las per thè Ststèment of Financ￿1 Activities)
Adjustments for..
DepieGiab"on charges
IProfitllLoss on disposal of fixed assets
Interest 18ceived
{Increaselldecrease in debtois
Increase Idecreasel in exèditors
1,134
122,761
25,2eO
17,3801
18.837)
49,080
16.499
19,836
61
113,7491
130,7521
47,840
42,758
50.317
B. Analysis of changes in net funds
At
01.01.25
At
31.12.25
Cash fl¢)w
Net ea$h
Cash at bank
554,689
8,627
563,316
Thé notes foim part of these financial statements
Page 10

The Cart Shed Charty CIO
Notes to the FInar￿la1 Statements
for the Year Ended 31 December 2025
Accounting Policie¥
Basis of preparing the financial statements
The financial statements of the charity. which is 3 public benefrt entity undef FRS 102, have been prepared in
atxoidanGe with the chaiity's ¢onslitution, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 leffèctive 1 January 20191, and the Charities SORP IFRS 1021'Accounting
nd Reporting by Charities". Statetnent of Re¢ommended Practice applicable to charities preparing their accounts in
accoidance wth the Financial Repotting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1
January 20191, The financial statetnent5 have been prepared under the historical cost convenlk)n.
Income
All income is recognised in the Statement of Financial Activities once the Charity has enlitlemenl lo the lunds, Tt is
probable that the income will be received and the amount can be measured reliably. If income is subject to perfomance-
related ￿nditionS le￿Ved in advan￿ of delDiellng the goods and services required by that condition, or is sul'ect to
unmet conditions wholly outside Ihe control ol the recipient charity. is acwunted for as a liabtlty and shown on the
balan￿ sheet as deferted income. Deferred income is released to income in th8 reporting period in which the
perfotmance-ielaled or other cor￿lt10n8 that limit iecognilion are mel.
Expenditure
Liabilities are rectMJnis8d as expenditure as soon as there is a legal or constructive obligation commrtting the charity to
that expenditure, it is probable that a transfer of economic benefits will be required in seitlement and the arnounl of the
obligation can be measured reliably. Expenditure is accounted for on an ac¢ruals basis and has been classified under
headings Ihat aggregate all cost related to the category. Vweie costs Gannol be directty attiibuled lo particulai headings
they have been allocated to aclivities on a basis consistent wrth the use of re$our¢es.
Tangible fixed assets
Depreaation is provided at the folltswing annual rates in order to write off each asset over its estimate useful life.
Office
Course accommodation
Motor vehides
Computer equipment
10% on o)st
20% on cost
33°/o on reducing balance
33QA on reducing balancè
T•x¥tion
The charity is exempt from tax on its tharitable actIv￿es.
Fund accounting
Unrestrict8d funds can be used in accoidance wth the chaiitable objecbves at the discretion of the trustees.
Restricted fu￿lS (xn only be used for part￿ular restricted purposes within the objects of the charity. Restrict￿n$ arise
when specrfied by the donor orwhen funds are raised for partiCU￿r restricted purposes.
Further explanation of the nature and purpose of each fvnd is IndUd￿ ￿ the notes to the financial s18tements.
Designated funds
Designated funds are earmarked formally by the Trustees for a parbcular puipose and can be fomalty un¢Jeslgn8led at
their discretion.
The notes form part oflhese financial statements
continued...
Page 11

The Cart Shed Charity CIO
Notes to the Financi81 Ststemen15- continued
for the Year Ended 31 December 2025
Total
Funds
2025
Total
Funds
2024
2. In¢ome from donations & legacies
Unrestricted
2025
Restricted
2025
Donations from individuals
Dtsnations from trusts & companies
38,624
38,624
36,691
46,903
133,703
75,315
180,606
Total
Funds
2025
Total
Funds
2024
3. Income from eh8ritable activities
Unrestricted
2025
Restricted
2025
Course income from trusts & companies
Course income from individuals
163,803
13,856
242.133
405,936
401,527
9,070
177659
242.133
419,792
410,597
Total
Funds
2025
Total
Funds
2024
4. Income from fundraising activities
Unrestricted
2025
Restricted
2025
Plant Fair entran¢¢ fees
Plant Fair exhibitor fees
Planf Fair refreshments & product sales
Plant Fair sponsorshtp
Other
10,412
3,265
10.475
1,000
8,090
10.412
3,265
10.475
1,000
8.090
2.770
7.705
2,091
33,242
33.242
5. Income from investments
2025
2024
Interest receNable
8.837
13,749
6. Expenditure on raising funds
2025
2024
Plant Fair expenditure
7,481
4,330
continued...
Page 12

The Cart Shed Charity CIO
Notes to the Financial Statements- continued
fof the Year Ended 31 December 2025
7. Expenditure on charitable
activities
Dire
staff
Costs
2025
Other
direct
Costs
2025
Support
Costs
202S
Total
Costs
2025
Total
Costs
2024
Programm¢'.
AutismlADHD
Moving Forwafds
Resilien
Wellbeing
Young Cart Shed
31,692
12,189
39,005
78,010
82,886
10.137
3,899
12,477
24.954
26.514
26,885
10,340
33,089
66,179
70.316
68,714
26,428
84,571
169,143
179,716
35,035
25,025
125,123
165,164
150,149
243,782
77.981
206,809
528,572
500,496
Finance,
admin &
Management
staff
8. Support costs.
Governan
Propetty &
nlral
costs
Total costs
Total costs
Costs
2024
2024
AutismlADHD
Moving Forwards
ResilierLe
WellbeiThJ
Young Cart Shed
165
17,804
6,847
21,912
43,825
46,564
8,916
3,429
10.974
21,947
23.320
26,885
10,340
33,089
66,179
70,316
13,388
9,563
47,816
63,117
57,379
203
407
432
1.271
136,952
&3.586
2[￿,809
191.263
' The annualplant fairis organised byour volunteerfundff3isry team
Support costs are allocated to actThiities based on the number of days spent delivering each actNity in our annual course
programme. Governance costs include accountancy costs for independent examination. Finance, adrnin & management
staff indudes all staff not involved In direct delivery of courses or site development. Propety & central costs include all
costs of running the offi￿, IT Èquipment and setVKgs, professional fees, insuran￿$ & deprecjation of fixed a&8ets.
9. Tru$tses' Remuneration and Benefits
There weie no Itustees, remuneration or other benefits or trustees, expenses for the year ended 31 December 2025 nof
for the year ended 31 December 2024. Related Party transadions are dis¢losed in Note 18.
10. Staff Costs
2025
2024
SalarEs
Employerfs Nl contributions
Employerfs Pension contributions
346.120
34,255
316,873
22,717
386,387
344,999
continued...
Page 13

The Cart Shed Charity CIO
Notes to the Finanual Statements - Continued
for the Year Ended 31 December 2025
10. Staff Costs continued
The average monlhly number of employees IFTEI during the year was as follows".
He￿IcoUnt
2025
26
FTE
2025
Headcount
2024
21
FTE
2024
Course delivery staff
Support staff
No employees received emoluments in excess of £80.000.
11. Comparatives for the statement of financial actiYitie5120241
Unrestrided
Funds
Restricted
Funds
Total
Funds
Income
Donations & legaryes
Chartsble activities
Other trading actiwties
Investment income
Total
124,771
152,664
22.635
13,749
313,819
55.835
257.933
180,6(
410,597
22.635
13,749
627,587
313,768
Expenditure on
R8ising Funds
CharTrtable AGtivilies
Total
4,330
242,853
247,183
4,330
257,643
257,643
504.826
Net Income
Transfers be￿en funds
Net movement in funds
66,636
56,125
122,761
59.462
56.125
122,761
Reconciliation of fun(Js
Total funds brought forward
594,065
594.065
Total funds carrlad forward
660,701
56,125
716,826
continued...
Page 14

The Cart Shed Charity CIO
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
12. Tangible Fixed Assets
Office and
Store
Course
Accommodation
Motor
Vehicles
Totals
COST
At 1 January 2025
Additi'ons
162,804
16,970
21.597
214.701
51,968
Disposals
15.950
At 31 De￿mber 2025
179774
49,348
250,719
DEPRECIATION
At 1 January 2025
Charge for year
40,412
17,528
8,638
4.319
25,253
3,413
74,303
25,260
Disposals
14.330
14.330
Al 31 Decembei 2025
57,940
12,957
14.336
85,233
NET BOOKVALUE
At 31 De￿mber 2025
121,834
8,640
35,012
165,486
Al 31 December 2024
140,396
13. Debtors: amounts lalling duè within one year
2025
2024
Debtors
Accrued income
Prepayrnents
4,481
59,388
5,204
7,295
5,834
19,993
69,073
14. Cash at bank
2025
2024
Current account
Commerual Instsnl Access a¢¢ounl
CAF
United Trust Bank
Bath Building Society
Redwo(Kl Bank
Saffron Building Soaety
Petty cash
27,822
200.366
10.616
94,371
87,442
85.lJOO
55.000
2.699
226,718
10.616
90.786
85.0(M)
85.000
55.000
1.569
Total
563,316
554.689
continued...
Page 15

The Cart Shed Charity CIO
Notes to the Finanryal Slalernents- continued
ft)I the Year Ended 31 December 2025
15. Creditors: amounts falling due within one year
2025
2024
Social security and other taxes
Other creditors
Accruals
Income received in advance (Deferred Income)
8,S75
3,927
3,301
15,029
7,156
23,937
3,588
12,650
30.832
47,331
16. Operating lease commitments
As at 31 sl December 2025 the Cart Shed CIO had total commitments under non-
cancellable operab.ng leases as ft)Ilows'.
2025
2024
Land and buildings
Leases expjring within one year
Leases eX￿ring w¢thin to five years
522
22
544
1,021
1,479
2,500
17.la} Movement in funds
Net
movernent
in funds
Transfers
be￿een
funds
At
1.1.25
Al
31.12.25
UnrèstrietÈd funds
General fund
Designated fund.
78,701
582,(M)O
4,374
83,075
582,(M)O
660,701
4,374
665,075
Restricted funds
Young Cart Shed cour58S
Neurodivergence courses
Other course funding
Office & site equipment & improvements
Organisational development
Other
9,775
46.137
19,7751
535
6,000
46,672
6,LK)O
213
213
56,125
3.240
52,885
Total Funds
716,826
1,134
717,960
. Funds deswated thisyearfor fvIU￿ pU￿Ose$- see trustees 8nnualreport
continued...
Page 16

The Cart Shed Charity CIO
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
17.{bl Movèmgnt In funds
Brought
forward
Incomin9
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
Designated
78.701
582.(K)O
295,053
12g),6791
83.075
582.CKJO
Restricted funds
Young Cart Shed wurses
Herefordshire Community Foundation George's Fund
Safer Communities Fund
Henry Sale FoundatK)n
Four Winds Trust
Tabor Charitable Tiusl
Society of the Holy Child Jesus
DMF Ellis Charitable Trust
Neurodivergence courses
National Lottery Community Fund Awards for All
Irene 8ird Fund
Mumford Memorial Trust
JMDWTwst
Other course fundir>g
Veterans, Foundation
Macmillan Support
EF Bulmer Trust
Gatffield Weston Trust
D'oyly Carte Charitable T¥usl
Office & site equipmenl & improvemenis
Clive Richards Foundation
RO%￿and$ Trust
Herefordshire Council Communty Infraslrudure Grant
Herefordshire Council Prevenlv)n Support Grant
Herefordshire Council Multiply Grant {UKSPFI
Other
Herefordshiie Community Foundation
4,775
{4.7751
155,7271
{5,0001
{1,2721
{9.6001
11LI,OLKII
15,0001
55,727
5,IX)O
1,272
9,6
10,0(KJ
5,000
14,664
{14,6641
5,0(K
12.720
50,000
5.0(X)
112.7201
{39,8011
31,473
41,672
10,084
10,584
12,780
20,000
6,000
{10,084}
{10,584}
112,780)
120,OCM))
6,000
9.965
9.722
11.242
1.000
876
19,965}
19.722)
111.242)
{1.0001
18761
213
561
561
213
56,125
242,133
245,374
52,8
Young Cart Shed courses
These are splrt into three age groups: 10-13, 13-18 and 19-25.
The youngest age group w88 introduced in 2024 funded by the Safei Communities Fund. Since then, demand has been
overwhelrning. and it was also clear that many participant5 needed longer than the 12 week progiamme offered. In
response lo this we increased our provision to Iwo sessions 8 week for this agè gitsup fioffl SePtem￿r 2025.
The older age groups continue to have weekly sessions throughout the ye8r.
¢ontinued...
Page 17

The Cart Shed Charity Glo
Notes to Ihe Financ3al Statements- continued
for the Year Ended 31 December 2025
Neurodivergence COUTses
Up to 90Y¢ of our Young Cart Shed participants are autistic, haveADHD or both. In 2025 we ran several courses of our
growing neurodivergent suite-'Being Autistic,, 'Being ADHD, and 'Diffeienl not Less, {for parents). In addition lo this we
have developed and added several short courses in art and wood carving specifically for neurodivergent participants.
thanks to funding from the JMDWTru31. with courses contsnuillg into 2026.
other course funding
Some of these funds have been provided for particular groups of partiapants to attend our supported woodland wellbeing
courses. ie veterans and people living with cancer. Other funding has been received specifKalty for programmes such as
'Woxlland Connection,.
Office & site equipment & improvements
Funding has been provided for improvements to our site and faalities as follows..
Solar panels and extension lo office accommodation
Site storage units 8nd r8cyding facilrties
Replacement of minibus ftsi partiupant transport
An information pa¢k wlh resources for partiapants
Numer8¢y equipment
Several grants re￿Ved on behalf of participants for transport costs and equipment.
17.lcl ComparatTrv•s for movernent in funds
Nel
movement
in funds
Transfers
be￿een
funds
At
1.1.24
At
31.12.24
Un￿tricted funds
General fund
472.827
66,636
(460,7621
78,701
t>esignaled funds
121 238
460.762
582.000
594,065
66,636
fj60,701
Restricted funds
Young Cart Shed courses
Neurodivergence courses
other course funding
Office & sile equiwnent &
improvefflents
Organisational development
other
9,775
46,137
9,775
46,137
213
213
56.125
Total Funds
594,065
122 761
716 826
continued...
Page 18

The Cart Shed Charity CIO
Notes tr) Ihe Financial Stslements - continued
for the Year Ended 31 December 2025
18. Related Party Dlsclosur¢$
The charity enjoys two licences to use areas ol the property owned by Mr P Wtixon (Trusteel. Two 15 year ryjntracts
hav6 been signed. with break clauses at five yearly intervals. A monthly contribution to costs of £150 15 paid for use of
the Linhay building. An annual contribution of £500 is paid for use ol the oifice site and building.
Mr P Wrixon ITrusteel is also a Trustee ol The Rowlands Trust, who gave donations in 2025- one for site storage
and recycling facilities, the other towards the c05t of a new minibus.
There are no other related party transactions.
Page 19