CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From 1tst January 2025 Period stsrt date, to 315t December 2025 Period end date
Charity name: Hands Together Ludlow
Charity reglstration number: 1171979
Objectives and Activities
SORP reference
Summary of the purposes of
the charity as set out in ils
governing document
Paro 1.17
The relief of those in need by reason of
youth, old age, ill health, loneliness,
dysfunctional relationships, disability, or
financial hardship who a living in Ludlow
and surroundin
es.
We support our communities through..
The provision, largely through
community volunteers, of direct
services. resources and activities to
individuals and families in need
Working alongside local agencies lo
help develop and implement local
plans.
Working in partnership with a range of
organisalions and facililaling
networking. Operationally, many of our
activities depend on joint working (for
example, surplus food collection)
Supporting other organisations through
sharing of good practice and
activities
The trustees have been provided with the
Charity Commission Public Benefit
guidelines and are reminded of them at the
beginning of each Board meeting
Summary ofthe main
activities in relation lo those
purposes for the public
benefit, in particular the
activities, projects or
services identified in the
accounts.
Para 1.17 and
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18
Additional inforrnation loptional)
You ma
choose to include further statements where relevant about..
SORP feren
Policy on grant making.
Para 1.38
Not applicable
Policy on social inveslrnenl
including program related
investment.
Para 1.38
Not applicable
Achievements and Performance
SOR? refwe
A total of 417 beneficiaries were
engaged, across 4633
engagements and 1388 sessions,
reducing loneliness and isolation
and supporting vulnerable people in
the communty.
203 new Individuals were erngaged
96 Communty Lunches served
{1386 meals)
19 Company 8t Christmas meals
plus deliveries and takeaways.
314 Befriending sesslons122
individu8lsl
754 So¢ial spa Visits
12 individuals attended Mind1
Colouring
51 individuals had subsidised
transport to HTL events (return
trips)
241 Men's Shed sessions (684
attendances)
12 Good Grief Café sessions (181
attendances)
8 Fibromyalgia support se55ion5
14 healthy eating sessions127
attendances)
53 Walks for All140 individuals)
171 individuals signposted to other
provisior).
23 DigTtal Inclusion sessions118
8ttendeesl
18 Pride of Pla se$sn$(l99
volunteer hours)
5026 Community Fridge visits ty
2877 indivKluals resulting in 3541.9
kg of food saved from landfill.
8536.06 volunteer hours given, with
a social worth value of£137174.47
Summary of the main
achievements of the charity,
identifying the difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
P¥a 1.20
Additlonal Information {optional)
You ma
choose to include further statements where relevant about".
Perfomiance against the business plan is
monitored and reported on quarterly at
trustee meetings.
Achievements against
objectives sel.
Para 1.41
Fundraising activtties reflect the priorities
estsblished in the business plan in order to
facilitate service delivery. Fundraising has
been sufficienl to meet those priorities.
Perfom)an¢e of fLJndraising
activities against oLyectives
set.
Pata 1.41
Financial Review
Review of the chariws
fin8ncial position at the end
of the peric
P8B121
The charitys financial posltion is healthy
but requires continuous fundraising for a
5UStainable future.
The finance subcommittee rneels as part of
the monthty Executive meetings. A
separate statement of accounts is
submitted.
Ttte trustee board has aged a policy of
holding unrestricted reserves equivalent to
6 months, worth of operating costs. This is
lo cover limited periods of unexpected loss
of fvnding and any unforeseen losses or
wind-u
costs.
6 months, worth of operating costs in 2025
was £108.833 HTL is carrying forward
£232,839 of unrestricted funds (excluding
designaled funds), equivalent to 12 8
months of operating co81s al 2025 budget
ures.
Not 8ppIic8ble
statement explaining the
policy for holding Seryes
stating why they are held
Para 122
Amount of reserves held
Par¥ 1.22
Reasons for holding zero
reserves
Details of fund materialty in
deficit
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 124
Not applicable
Pard 1.23
Not applicable
Additional Information {oplional)
You ma
choose to include further ststements where relevant about..
There are Ihree pillars to HTLS fundraising
strategy.
1. Major ndIng organisation8, such 88
the National Lottery
2. Local grants 2nd trusts
3. Indtvidual donors
The charity's principal
sources of funds (including
any fundraising)
Pa 1.47
Investment policy and
objectives including any
sc¢ial inveslmenl poli
adopted.
HTL has an investment account. This is in
order to further secure the future viabilty of
the charity.
Pard 1.46
A description of the PrinpaI
risks facing the Charity
Pora 1.46
Risks to the ¢harity are detailed in the
organisatM)n81 risk log
Other
Structure, Governance and Management
Description of charity s
Irusls..
Type of governing document
Para 1.25
Constitution
How is the charity
constituted?
Para 1.25
Charitable Incorporated Organisation
Trustee selection methods
including details of any
conslilulional provisions
e.g. election to post or
name of any person or body
entitled to appoint one or
more trustees
Para 1.25
Trustees are re-appointed on a rotating
basis al the AGM. Trustees may be
appointed by the governing body, and
selection process is in pla
Additional information loptionall
You may choose to include further statements where relevant about..
A trustee induction policy has been
developed and implemented. A regular
Iruslee skills audit identifies gaps in
knowledge and training needs.
Policies and procedures
adopted for the induction
and training of trustees.
Par8 1.51
HTL is led by volunteer trustees and
managed by a Chief Operating Officer.
Currently there are 9 (maximum
121 Iruslees. Service delivery is by
volunteers and a small group of staff.
The charity is not part of any umbrella
organisalion.
The charity's organisalional
structure and any wider
network with which the
charity works.
Pera 1.51
A contract with Shropshire Council to
deliver activity funded by the UK Shared
Prosperity Fund is in place until December
2025
Relationship with any
related parties
Para 1.51
Other
Reference and Administrative detsils
Char
name
()ther name the ch8r
uses
istered char
numbgr
Charity's principal address
Hands T ether Ludlow
HTL
1171979
15 Lower Galdeford
Ludlow
SY8 1RU
Names of the charity trust vkno manage the charity
Offic• IlfJnyl
4ctsd If not forwhol•
Name of pernon lor
body) enti8d to appoint
tfAn
Trwtw namg
year
Sue Chantler
Chair
Mike Beazley
Chris Deaves
Treasurer
Janna Vigar
Helen Rooker
St¢xJd down 15107125
Nicholas Young
Marc Gaunt
Rob Jenkins
Graham Cheshire
cpted durrng 2024.
elected al AGM on
1510512025
Coopted during 2024,
elected at AGM on
1510512025
Julia Evans
10
Co
orate trustees- names of the directors at the dale the re
Dlroctor name
wasa
roved.
Name of trustees holding title to propety beknnging to Ihe charity
Trts0 name
Dates acted rf not lor whol8
•ar
Funds held as custodian trustees on behalf of others.
Description of the assets
held in this ca
aci
Name and objects of the
charity on whose behalf the
assets are held and how this
fall wthin the custodian
charity.'s objects.
Details of arrangements for
safe custoty and
segregation of such assets
frorn the charitys oym
assets
None
Addltlonal Inforniatlon {optlonall
Names and addre558s of advisers (Optional inforniation
Type of
N8me
Address
adviser
Name of chl•f axa¢utivo or narnes of senior staff members (Optional infoThation)
Exemptions from disclosure
Reason for noTr¢isclo$ure of ke
rsonnel details
Other o
tional inforniation
Declarations
The trustees declare that they have approved the trusteos, roport above.
Slgned on behalf of the charity's trustees
Signature(s)
Full namels)
Position (eg Secretary. |
Chair, etol
Date
## **Independent examiner’s report to the trustees of Hands Together Ludlow Charitable Incorporated Organisation (‘the CIO’)**
I report to the trustees on my examination of the accounts of the CIO for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Alan Layng
Address: The Reader’s House, Church Walk, Ludlow SY8 1AL Date: 13[th] March 2026
## **Hands Together Ludlow, Registered Charity No 1171979**
## **Accounts for the Year Ended 31 December 2025**
## **Statement of Financial Activities**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior**
**year**
**total**
**funds**|
|---|---|
|**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities (1)
Investments (2)
Other income
**Total income**
**Expenditure on:**
Raising funds
Expenditure on charitable activities
(3)
Other expenditure
**Total expenditure**
**Net income / (expenditure)**
**resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
(2)
Gains on revaluation, fixed assets,
charity's own use (5)
**Net movement in funds**|49,415
-
-
-
49,415
53,140
38,008
67,000
133,602
- 238,610
226,711
-
-
-
-
-
1,633
-
-
-
-
-
-
-
-
-
-
-
-|
||**87,423**
**67,000**
**133,602**
**- 288,025**
**281,485**
2,468
126
62
-
2,656
333
18,934
47,054
127,010
- 192,999
183,052
5,182
14,567
3,450
-
23,200
29,701|
||**26,584**
**61,748**
**130,522**
**- 218,855**
**213,087**|
||**60,839**
**5,251**
**3,079**
**-**
**69,170**
**68,398**
-
-
-
-
-
440
-
-
-
-
-
(440)
(1,112)
-
-
-
(1,112)
1,060
-
-
-
-
-
3,231|
||**59,727**
**5,251**
**3,079**
**-**
**68,058**
**72,690**|
1
|**Reconciliation of funds**|||||||
|---|---|---|---|---|---|---|
|**Total funds brought forward**
|**172,330**|**20,899**|**16,472**|**- **|**209,703**|**137,012**|
|**Total funds carried forward**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
|**Represented by**|||||||
|
**Unrestricted**|||||||
|General Fund (4)|232,058|-|-|-|232,058|172,330|
|**Designated**|||||||
|Garfield Weston|-|20,000|-|-|20,000|-|
|Hall Garth Settlement|-|-|-|-|-|4,844|
|Ludlow Hospital League Of Friends|-|6,151|-|-|6,151|11,055|
|The Screwfix Foundation|-|-|-|-|-|5,000|
|**Restricted**|||||||
|Ludlow Men's Sheds|-|-|5,434|-|5,434|2,755|
|National Lottery Grant|-|-|14,118|-|14,118|13,716|
2
## **Balance Sheet**
|**Class and code**
**Description**|**As at**
**31/12/2025**
**As at**
**31/12/2024**|
|---|---|
|**Fixed assets**
F01
Fixed Assets (5)
F03
COIF Charities Ethical Investment (2)
**Total Fixed assets**
**Current assets**
A01
Barclays Community Account
A02
Petty Cash Men's Sheds
A03
Petty Cash Office
A04
Debtors
A07
Petty cash food
A08
Lloyds Bank Business Account
A09
Lloyds Bank 32 day notice deposit account
Z05
Accounts Receivable (6)
**Total Current assets**
**Net Asset surplus (deficit)**
**Reserves**
Excess/(deficit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
Z03
Gains/(losses) on revaluation of fixed assets
**Total Reserves**
**Represented by Funds**
General (Unrestricted) (4)
Designated
Restricted
**Total**|5,759
6,207
49,948
51,060|
||**55,708**
**57,268**
-
-
10
26
24
5
-
-
-
6
101,568
33,122
103,531
101,394
16,917
17,878|
||**222,053**
**152,435**
**277,761**
**209,703**
69,170
95,439
209,703
109,971
(1,112)
1,060
-
3,231|
||**277,761**
**209,703**
232,058
172,330
26,151
20,899
19,552
16,472
**277,761**
**209,703**|
3
## **Statement of Assets and Liabilities**
|||||||**Last**|
|---|---|---|---|---|---|---|
|**Class and nominal code **|**General **|**Designated **|**Restricted **|**Endowment**|**Total**|**year**|
|**Fixed Asset - Investments**|||||||
|F03: COIF Charities Ethical Investment
(2)|49,948|-|-|-|49,948|51,060|
|**Total**|**49,948**|**-**|**-**|**-**|**49,948**|**51,060**|
|**Fixed Asset - Tangible Assets**|||||||
|F01: Fixed Assets (5)|2,528|3,231|-|-|5,759|6,207|
|**Total**|**2,528**|**3,231**|**-**|**-**|**5,759**|**6,207**|
|**Current Asset - Cash At Bank And In Hand**|||||||
|A02: Petty Cash Men's Sheds|-|-|10|-|10|26|
|A03: Petty Cash Office|24|-|-|-|24|5|
|A07: Petty cash food|-|-|-|-|-|6|
|A08: Lloyds Bank Business Account|76,024|22,919|2,624|-|101,568|33,122|
|A09: Lloyds Bank 32 day notice deposit
account|103,531|-|-|-|103,531|101,394|
|**Total**|**179,581**|**22,919**|**2,634**|**- **|**205,135**|**134,556**|
|**Current Asset - Debtors**|||||||
|Z05: Accounts Receivable (6)|-|-|16,917|-|16,917|17,878|
|**Total**|**-**|**-**|**16,917**|**-**|**16,917**|**17,878**|
|**Net total assets**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
|**Represented by**|||||||
|General (Unrestricted)|232,058|-|-|-|232,058|172,330|
|Designated - Garfield|-|20,000|-|-|20,000|-|
|Designated - Hall Garth|-|-|-|-|-|4,844|
|Designated - League of Friends|-|6,151|-|-|6,151|11,055|
|Designated - Screwfix|-|-|-|-|-|5,000|
|Restricted - Lottery|-|-|14,118|-|14,118|13,716|
|Restricted - Men's Sheds|-|-|5,434|-|5,434|2,755|
|**Total**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
4
## **Analysis of income and expenditure**
## **Total**
||||||**This**|**Last**|
|---|---|---|---|---|---|---|
||**Unrestricted **|**Designated **|**Restricted **|**Endowment**|||
||||||**year**|**year**|
|**INCOME AND ENDOWMENTS FROM:**|||||||
|**Donations and legacies**|||||||
|101 - Private donations and SOs|16,808|-|-|-|16,808|31,132|
|102 - Organisational donations|19,511|-|-|-|19,511|13,688|
|105 - Gift Aid|3,462|-|-|-|3,462|6,740|
|106 - Other unrestricted income|9,633|-|-|-|9,633|1,579|
|**Donations and legacies Totals**|**49,415**|**-**|**-**|**-**|**49,415**|**53,140**|
|**Income from charitable activities**|||||||
|201 - National Lottery Grant (4)|-|-|67,489|-|67,489|63,706|
|203 - Hall Garth Settlement|-|20,000|-|-|20,000|20,000|
|204 - Millichope Foundation|-|3,000|-|-|3,000|3,000|
|210 - Garfield Weston|-|20,000|-|-|20,000|20,000|
|211 - Ludlow Men's Sheds|-|-|6,624|-|6,624|4,333|
|214 - Other Restricted Grants|-|-|-|-|-|3,560|
|217 - Community Food Hub|14,239|-|-|-|14,239|15,024|
|221 - Winter Support Services|-|-|-|-|-|930|
|222 - UK Shared Prosperity Fund
(4, 6)|549|-|59,487|-|60,037|49,156|
|223 - Heart of England Community
Foundation|-|-|-|-|-|27,000|
|224 - Ludlow Hospital League of
Friends|-|20,000|-|-|20,000|15,000|
|225 - The Screwfix Foundation|-|-|-|-|-|5,000|
|226 - Shropshire Council Housing
Rough Sleeper Work|-|4,000|-|-|4,000|-|
|227 - The Big Event 2025|23,219|-|-|-|23,219|-|
|**Income from charitable activities**
**Totals**|**38,008**|**67,000**|**133,602**|**-**|**238,610**|**226,711**|
|**Other trading activities**(1)|||||||
|301 - Lunch clubs and meals
income|-|-|-|-|-|190|
5
|302 - Men's Shed trading income|302 - Men's Shed trading income|-|-|-|-|-|1,443|
|---|---|---|---|---|---|---|---|
|**Other trading activities**|**Totals**|**-**|**-**|**-**|**-**|**-**|**1,633**|
|**Income and endowments Grand**
**totals**||**87,423**|**67,000**|**133,602**|**-**|**288,025**|**281,485**|
|**EXPENDITURE ON:**||||||||
|**Raising funds**||||||||
|E101 - Just Giving fees||90|126|-|-|216|216|
|E102 - The Big Event||2,305|-|62|-|2,367|-|
|E103 - Website/Social Media||-|-|-|-|-|9|
|E104 - Other fundraising and
Friends Events||73|-|-|-|73|108|
|**Raising funds**|**Totals**|**2,468**|**126**|**62**|**-**|**2,656**|**333**|
|**Expenditure on charitable**|**activities**(3)|||||||
|E201 - Salaries||7,213|34,577|84,238|-|126,029|119,861|
|E202 - National Insurance||5,962|8,135|19,419|-|33,517|28,013|
|E203 - Pensions||1,027|2,586|6,347|-|9,961|7,445|
|E204 - Volunteer Recruitment||156|13|301|-|470|-|
|E205 - Payroll costs||229|350|117|-|696|848|
|E206 - Recruitment||495|-|-|-|495|255|
|E207 - Staff expenses||14|57|354|-|425|329|
|E208 - Volunteer expenses||-|83|2,126|-|2,210|2,541|
|E209 - HR support costs||936|936|-|-|1,872|936|
|E210 - Staff Training||-|-|681|-|681|778|
|E211 - Apprentice Levy||-|61|-|-|61|-|
|E212 - Office Equipment costs||98|-|-|-|98|189|
|E213 - Food project costs: Lunch,
Fridge, Space||41|54|5,679|-|5,775|6,780|
|E214 - Men's Sheds costs||-|-|1,575|-|1,575|2,268|
|E215 - Bank Charges and
Accountancy software||436|90|-|-|526|360|
|E216 - Hardship Fund||310|-|-|-|310|1,530|
|E217 - Marketing and outside
printing||2|-|3,274|-|3,276|4,418|
|E218 - Good Start Together||-|-|-|-|-|40|
|E219 - Community Hub Equipment
and Resources||1,902|108|1,084|-|3,095|294|
6
**----- Start of picture text -----**
||||||||
|---|---|---|---|---|---|---|
|E220 - Befriending|-|-|-|-|-|182|
|E221 - Subsidised transport costs|-|-|-|-|-|125|
|E223 - Good Grief Cafe|-|-|-|-|-|34|
|E225 - Summer Lunch Club|-|-|-|-|-|1,274|
|E226 - Other Project costs inc|110|-|7|-|117|920|
|Room Hire|
|E227 - Networking Activity|-|-|38|-|38|125|
|-|-|-|
|E228 - Volunteer Training|1,764|1,764|3,497|
|Expenditure on charitable|-|
|18,934|47,054|127,010|192,999|183,052|
|activities Totals|
|Other expenditure|
|E301 - Governance costs|3|47|-|-|50|100|
|E302 - Office Supplies and|281|91|50|-|423|1,144|
|Stationary|
|E303 - Telephone costs inc Mobiles|769|1,101|-|-|1,871|1,079|
|E304 - IT costs|33|-|-|-|33|-|
|E305 - Insurance|-|1,322|-|-|1,322|901|
|E306 - Other costs|114|-|-|-|114|325|
|-|
|E307 - Rent for premises (8)|1,700|4,250|3,400|9,350|11,050|
|-|-|
|E308 – Utilities (8)|1,059|2,754|3,814|9,422|
|-|-|-|
|E310 - Property Maintenance (8)|5,000|5,000|4,627|
|E312 - Meeting costs and AGM|48|-|-|-|48|60|
|E313 - Depreciation of fixed assets|1,172|-|-|-|1,172|992|
|(5)|
|-|
|Other expenditure Totals|5,182|14,567|3,450|23,200|29,701|
|-|
|Expenditure Grand totals|26,584|61,748|130,522|218,855|213,087|
**----- End of picture text -----**
7
## **Notes to the Accounts**
1. Trading Income – None of the Charity’s income in 2025 was from trading. All income was from donations, grants, legacies and charitable activities.
2. Investments – The Charity has agreed an ethical investment policy and has invested in the CCLA’s COIF Ethical Investment Fund.
3. Charitable Activities – 88% of the Charity’s expenditure was on charitable activities.
4. Reserves Policy – The Charity’s reserves policy is to hold in reserve in the General Fund unrestricted funding sufficient to cover six months of planned expenditure. Based on the total expenditure in 2025 of £218K, the reserve should be a minimum of £109K, but expenditure is predicted to rise in 2026 due to additional staff and premises costs, so the planned reserve for 2026 is £150K. In addition two major funding streams finish in 2026 (UK SPF and National Lottery). The carried forward unrestricted reserves at the start of 2026 amount to £232K.
5. Fixed Assets – Grouped office, Men’s Shed and catering equipment, depreciated at 25% p.a.
6. Accounts Receivable – Payments due from the UK Shared Prosperity Fund for charitable activities carried out in 2025.
7. Staff Costs – Staff costs amounted to £121K in 2025. This represents 77% of all expenditure. The average number of staff was 5. The number of staff at the end of the year was 5. All members of staff were paid less than £40K.
8. Building Costs – Building costs increased substantially in 2023 due to the taking on of the lease for the Lower Galdeford building. Building costs remain significant at £18K, 8% of expenditure in 2025.
M G Beazley MBE MA CDipAF(ACCA), Hon Treasurer
17 February 2026
8
## **Independent examiner’s report to the trustees of Hands Together Ludlow Charitable Incorporated Organisation (‘the CIO’)**
I report to the trustees on my examination of the accounts of the CIO for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Alan Layng
Address: The Reader’s House, Church Walk, Ludlow SY8 1AL Date: 13[th] March 2026
## **Hands Together Ludlow, Registered Charity No 1171979**
## **Accounts for the Year Ended 31 December 2025**
## **Statement of Financial Activities**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior**
**year**
**total**
**funds**|
|---|---|
|**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities (1)
Investments (2)
Other income
**Total income**
**Expenditure on:**
Raising funds
Expenditure on charitable activities
(3)
Other expenditure
**Total expenditure**
**Net income / (expenditure)**
**resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
(2)
Gains on revaluation, fixed assets,
charity's own use (5)
**Net movement in funds**|49,415
-
-
-
49,415
53,140
38,008
67,000
133,602
- 238,610
226,711
-
-
-
-
-
1,633
-
-
-
-
-
-
-
-
-
-
-
-|
||**87,423**
**67,000**
**133,602**
**- 288,025**
**281,485**
2,468
126
62
-
2,656
333
18,934
47,054
127,010
- 192,999
183,052
5,182
14,567
3,450
-
23,200
29,701|
||**26,584**
**61,748**
**130,522**
**- 218,855**
**213,087**|
||**60,839**
**5,251**
**3,079**
**-**
**69,170**
**68,398**
-
-
-
-
-
440
-
-
-
-
-
(440)
(1,112)
-
-
-
(1,112)
1,060
-
-
-
-
-
3,231|
||**59,727**
**5,251**
**3,079**
**-**
**68,058**
**72,690**|
1
|**Reconciliation of funds**|||||||
|---|---|---|---|---|---|---|
|**Total funds brought forward**
|**172,330**|**20,899**|**16,472**|**- **|**209,703**|**137,012**|
|**Total funds carried forward**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
|**Represented by**|||||||
|
**Unrestricted**|||||||
|General Fund (4)|232,058|-|-|-|232,058|172,330|
|**Designated**|||||||
|Garfield Weston|-|20,000|-|-|20,000|-|
|Hall Garth Settlement|-|-|-|-|-|4,844|
|Ludlow Hospital League Of Friends|-|6,151|-|-|6,151|11,055|
|The Screwfix Foundation|-|-|-|-|-|5,000|
|**Restricted**|||||||
|Ludlow Men's Sheds|-|-|5,434|-|5,434|2,755|
|National Lottery Grant|-|-|14,118|-|14,118|13,716|
2
## **Balance Sheet**
|**Class and code**
**Description**|**As at**
**31/12/2025**
**As at**
**31/12/2024**|
|---|---|
|**Fixed assets**
F01
Fixed Assets (5)
F03
COIF Charities Ethical Investment (2)
**Total Fixed assets**
**Current assets**
A01
Barclays Community Account
A02
Petty Cash Men's Sheds
A03
Petty Cash Office
A04
Debtors
A07
Petty cash food
A08
Lloyds Bank Business Account
A09
Lloyds Bank 32 day notice deposit account
Z05
Accounts Receivable (6)
**Total Current assets**
**Net Asset surplus (deficit)**
**Reserves**
Excess/(deficit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
Z03
Gains/(losses) on revaluation of fixed assets
**Total Reserves**
**Represented by Funds**
General (Unrestricted) (4)
Designated
Restricted
**Total**|5,759
6,207
49,948
51,060|
||**55,708**
**57,268**
-
-
10
26
24
5
-
-
-
6
101,568
33,122
103,531
101,394
16,917
17,878|
||**222,053**
**152,435**
**277,761**
**209,703**
69,170
95,439
209,703
109,971
(1,112)
1,060
-
3,231|
||**277,761**
**209,703**
232,058
172,330
26,151
20,899
19,552
16,472
**277,761**
**209,703**|
3
## **Statement of Assets and Liabilities**
|||||||**Last**|
|---|---|---|---|---|---|---|
|**Class and nominal code **|**General **|**Designated **|**Restricted **|**Endowment**|**Total**|**year**|
|**Fixed Asset - Investments**|||||||
|F03: COIF Charities Ethical Investment
(2)|49,948|-|-|-|49,948|51,060|
|**Total**|**49,948**|**-**|**-**|**-**|**49,948**|**51,060**|
|**Fixed Asset - Tangible Assets**|||||||
|F01: Fixed Assets (5)|2,528|3,231|-|-|5,759|6,207|
|**Total**|**2,528**|**3,231**|**-**|**-**|**5,759**|**6,207**|
|**Current Asset - Cash At Bank And In Hand**|||||||
|A02: Petty Cash Men's Sheds|-|-|10|-|10|26|
|A03: Petty Cash Office|24|-|-|-|24|5|
|A07: Petty cash food|-|-|-|-|-|6|
|A08: Lloyds Bank Business Account|76,024|22,919|2,624|-|101,568|33,122|
|A09: Lloyds Bank 32 day notice deposit
account|103,531|-|-|-|103,531|101,394|
|**Total**|**179,581**|**22,919**|**2,634**|**- **|**205,135**|**134,556**|
|**Current Asset - Debtors**|||||||
|Z05: Accounts Receivable (6)|-|-|16,917|-|16,917|17,878|
|**Total**|**-**|**-**|**16,917**|**-**|**16,917**|**17,878**|
|**Net total assets**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
|**Represented by**|||||||
|General (Unrestricted)|232,058|-|-|-|232,058|172,330|
|Designated - Garfield|-|20,000|-|-|20,000|-|
|Designated - Hall Garth|-|-|-|-|-|4,844|
|Designated - League of Friends|-|6,151|-|-|6,151|11,055|
|Designated - Screwfix|-|-|-|-|-|5,000|
|Restricted - Lottery|-|-|14,118|-|14,118|13,716|
|Restricted - Men's Sheds|-|-|5,434|-|5,434|2,755|
|**Total**|**232,058**|**26,151**|**19,552**|**- **|**277,761**|**209,703**|
4
## **Analysis of income and expenditure**
## **Total**
||||||**This**|**Last**|
|---|---|---|---|---|---|---|
||**Unrestricted **|**Designated **|**Restricted **|**Endowment**|||
||||||**year**|**year**|
|**INCOME AND ENDOWMENTS FROM:**|||||||
|**Donations and legacies**|||||||
|101 - Private donations and SOs|16,808|-|-|-|16,808|31,132|
|102 - Organisational donations|19,511|-|-|-|19,511|13,688|
|105 - Gift Aid|3,462|-|-|-|3,462|6,740|
|106 - Other unrestricted income|9,633|-|-|-|9,633|1,579|
|**Donations and legacies Totals**|**49,415**|**-**|**-**|**-**|**49,415**|**53,140**|
|**Income from charitable activities**|||||||
|201 - National Lottery Grant (4)|-|-|67,489|-|67,489|63,706|
|203 - Hall Garth Settlement|-|20,000|-|-|20,000|20,000|
|204 - Millichope Foundation|-|3,000|-|-|3,000|3,000|
|210 - Garfield Weston|-|20,000|-|-|20,000|20,000|
|211 - Ludlow Men's Sheds|-|-|6,624|-|6,624|4,333|
|214 - Other Restricted Grants|-|-|-|-|-|3,560|
|217 - Community Food Hub|14,239|-|-|-|14,239|15,024|
|221 - Winter Support Services|-|-|-|-|-|930|
|222 - UK Shared Prosperity Fund
(4, 6)|549|-|59,487|-|60,037|49,156|
|223 - Heart of England Community
Foundation|-|-|-|-|-|27,000|
|224 - Ludlow Hospital League of
Friends|-|20,000|-|-|20,000|15,000|
|225 - The Screwfix Foundation|-|-|-|-|-|5,000|
|226 - Shropshire Council Housing
Rough Sleeper Work|-|4,000|-|-|4,000|-|
|227 - The Big Event 2025|23,219|-|-|-|23,219|-|
|**Income from charitable activities**
**Totals**|**38,008**|**67,000**|**133,602**|**-**|**238,610**|**226,711**|
|**Other trading activities**(1)|||||||
|301 - Lunch clubs and meals
income|-|-|-|-|-|190|
5
|302 - Men's Shed trading income|302 - Men's Shed trading income|-|-|-|-|-|1,443|
|---|---|---|---|---|---|---|---|
|**Other trading activities**|**Totals**|**-**|**-**|**-**|**-**|**-**|**1,633**|
|**Income and endowments Grand**
**totals**||**87,423**|**67,000**|**133,602**|**-**|**288,025**|**281,485**|
|**EXPENDITURE ON:**||||||||
|**Raising funds**||||||||
|E101 - Just Giving fees||90|126|-|-|216|216|
|E102 - The Big Event||2,305|-|62|-|2,367|-|
|E103 - Website/Social Media||-|-|-|-|-|9|
|E104 - Other fundraising and
Friends Events||73|-|-|-|73|108|
|**Raising funds**|**Totals**|**2,468**|**126**|**62**|**-**|**2,656**|**333**|
|**Expenditure on charitable**|**activities**(3)|||||||
|E201 - Salaries||7,213|34,577|84,238|-|126,029|119,861|
|E202 - National Insurance||5,962|8,135|19,419|-|33,517|28,013|
|E203 - Pensions||1,027|2,586|6,347|-|9,961|7,445|
|E204 - Volunteer Recruitment||156|13|301|-|470|-|
|E205 - Payroll costs||229|350|117|-|696|848|
|E206 - Recruitment||495|-|-|-|495|255|
|E207 - Staff expenses||14|57|354|-|425|329|
|E208 - Volunteer expenses||-|83|2,126|-|2,210|2,541|
|E209 - HR support costs||936|936|-|-|1,872|936|
|E210 - Staff Training||-|-|681|-|681|778|
|E211 - Apprentice Levy||-|61|-|-|61|-|
|E212 - Office Equipment costs||98|-|-|-|98|189|
|E213 - Food project costs: Lunch,
Fridge, Space||41|54|5,679|-|5,775|6,780|
|E214 - Men's Sheds costs||-|-|1,575|-|1,575|2,268|
|E215 - Bank Charges and
Accountancy software||436|90|-|-|526|360|
|E216 - Hardship Fund||310|-|-|-|310|1,530|
|E217 - Marketing and outside
printing||2|-|3,274|-|3,276|4,418|
|E218 - Good Start Together||-|-|-|-|-|40|
|E219 - Community Hub Equipment
and Resources||1,902|108|1,084|-|3,095|294|
6
**----- Start of picture text -----**
||||||||
|---|---|---|---|---|---|---|
|E220 - Befriending|-|-|-|-|-|182|
|E221 - Subsidised transport costs|-|-|-|-|-|125|
|E223 - Good Grief Cafe|-|-|-|-|-|34|
|E225 - Summer Lunch Club|-|-|-|-|-|1,274|
|E226 - Other Project costs inc|110|-|7|-|117|920|
|Room Hire|
|E227 - Networking Activity|-|-|38|-|38|125|
|-|-|-|
|E228 - Volunteer Training|1,764|1,764|3,497|
|Expenditure on charitable|-|
|18,934|47,054|127,010|192,999|183,052|
|activities Totals|
|Other expenditure|
|E301 - Governance costs|3|47|-|-|50|100|
|E302 - Office Supplies and|281|91|50|-|423|1,144|
|Stationary|
|E303 - Telephone costs inc Mobiles|769|1,101|-|-|1,871|1,079|
|E304 - IT costs|33|-|-|-|33|-|
|E305 - Insurance|-|1,322|-|-|1,322|901|
|E306 - Other costs|114|-|-|-|114|325|
|-|
|E307 - Rent for premises (8)|1,700|4,250|3,400|9,350|11,050|
|-|-|
|E308 – Utilities (8)|1,059|2,754|3,814|9,422|
|-|-|-|
|E310 - Property Maintenance (8)|5,000|5,000|4,627|
|E312 - Meeting costs and AGM|48|-|-|-|48|60|
|E313 - Depreciation of fixed assets|1,172|-|-|-|1,172|992|
|(5)|
|-|
|Other expenditure Totals|5,182|14,567|3,450|23,200|29,701|
|-|
|Expenditure Grand totals|26,584|61,748|130,522|218,855|213,087|
**----- End of picture text -----**
7
## **Notes to the Accounts**
1. Trading Income – None of the Charity’s income in 2025 was from trading. All income was from donations, grants, legacies and charitable activities.
2. Investments – The Charity has agreed an ethical investment policy and has invested in the CCLA’s COIF Ethical Investment Fund.
3. Charitable Activities – 88% of the Charity’s expenditure was on charitable activities.
4. Reserves Policy – The Charity’s reserves policy is to hold in reserve in the General Fund unrestricted funding sufficient to cover six months of planned expenditure. Based on the total expenditure in 2025 of £218K, the reserve should be a minimum of £109K, but expenditure is predicted to rise in 2026 due to additional staff and premises costs, so the planned reserve for 2026 is £150K. In addition two major funding streams finish in 2026 (UK SPF and National Lottery). The carried forward unrestricted reserves at the start of 2026 amount to £232K.
5. Fixed Assets – Grouped office, Men’s Shed and catering equipment, depreciated at 25% p.a.
6. Accounts Receivable – Payments due from the UK Shared Prosperity Fund for charitable activities carried out in 2025.
7. Staff Costs – Staff costs amounted to £121K in 2025. This represents 77% of all expenditure. The average number of staff was 5. The number of staff at the end of the year was 5. All members of staff were paid less than £40K.
8. Building Costs – Building costs increased substantially in 2023 due to the taking on of the lease for the Lower Galdeford building. Building costs remain significant at £18K, 8% of expenditure in 2025.
M G Beazley MBE MA CDipAF(ACCA), Hon Treasurer
17 February 2026
8