Reg19tered nwnber 07847753
Charity number. 1184995
TM Shepherd Ltd
REPORT QF THE TRUSTEES AND UNAUOITED ACCOUNTS
FOR THE YEAR ENDED 31m312020
Prgpar•d 8y'.
Accprol Ltd
Fin¥nci?l AecDuntsnts
59 Canle￿Ury Road
North Harrow
HA1 4PD

T￿ Shepherd Ltd
FINANCIAL STATEMENTS
FOR The YEAR ENDED 3110312026
TRUSTEES
Jonathan CLARKE
Sirnon John HALL
And¥ew J8ffle8 LIVINGSTON
Cynthia Sophirina MUKJWA
REGISTERED OFFICE
la Greenleaf Close
Tulse Hlll
London
SW2 2HB
CQMPANY NUMBER
07847753
CHARITY NUMBER
1184995
AGCOUNTANTS
Aceprol Ltd
Financial Accountanls
59 Cantatbury Road
North Narrow
HA14PD
page 1

Tree 5hephenl Ltd
ACCOUNTS
FOR THE YEAR ENDED 3110312026
CONTENTS
Page
Report ofthe Tru8tse3
Ind8pendent Examinerfs Statement
Sl•t•rn?nt gf Fln•nds1 Advitie8
Bolanra Sheet
10
Notes to the Acuunls
11 to15
DetsI￿d Stst•m8nt ol Fin8ncial Acaivhieg
14
P8ge 2

Troe Shepherd Ltd
FOR THE YEAR ENDED 3110312025
TRUSTEES. REPORT
The trustees presentthdr report and accounts for the year ended 31103r2025
PRINCIPAL ACTIVITIES
Tree Shepherd 18 a qras8roots oTo8ni8ation that operate6 in Southwark, L&￿ShaM, Camden and L8mbeth. helping the long-tsrm
unemployed, and small independent business in regeneration areas develop employabilily and entrepreneurial skills. Through smal
gr0￿p training. mentorship, and acr*ss to meanwhile workspaces, wè empower Indiv￿U81$, promots diversily. and create economic
wel￿be￿n9
8TrUCTURe GOVERNANCE ANO MANAGEMENT
The cornp?ny Ino 078477531 was inco￿Orated an 15th November 2011. In July 2018 il revisod ils consl'tution and ￿ th¢ 21st
Augusl 2019 rt was fomi8lly recognised as a tharltable CL)mpany 11rn￿ed by guar8ntee111849951. The thar￿￿8 affairs are gov•m•d
by Memorandum and Art'des of Assoclation which allows for any aaivities Covered by rts eblectlve5 Without re$trictiDn, In the
event of the comp¥ny beins wound up the maximurn arngunl of ?ach mgmhr will contributs 15 £1.
OUR VISION
Our vision at Tree Shepherd Is to tnrfch local tahnt, entrepreneurs and small bUsIneB￿s, lo enable them to actively be engaged in
théir local econorny by prL)viding them wlth the 10015 t¢ got Involved, $calg up or gel 8tarted.
OurV8lue8
1. Nurture ambhlon and r•¢ognI9￿ the potentlal of indNidual8.
2. Promotè re*ed, dI￿r￿tY, and inclu810n.
3. Cregte dynamic •nd innovatlv• Ide#•.
4. Collat)orat• w4th othern to Lygate long488bng partner•hlp8
5. Remain rooted in wrnrnuniti'es
A8 a ¢hgrity our oryani8otion continu• to Implement 8eY¢r•l 8tr&tegie5 to addr•98 thall•hges fa￿ by startup• and independent
busin•ssas. p8rtlcularty rol¥ted to 8kills q8P8, buglne88 8u#tsinabllity ènd regener8tion impact..
Our communrty ¢ngage￿￿nI 8nd consultgtion $tratègle8 enable 8Ctive engagement with local eommunill•$, ensuring ￿rVICeS align
ih their needs and aspiratlon9. We conbnue lo provlde comprehensive bu¥ine$$ Support and training programmes tailored lo th•
need¥ of maryin81i$ed oroups, empowering them with essential Bki118 for success.
THE SCALE AND NATURE OF VOLUNTARY ACTivrrY
The voluntary activi￿8￿ of Tree Shepherd, partiojlèrfy the prowBlon of dI￿¢t one-ttrone buslness advlce and support through their
volunteer business mentcrs, olfer several beneffts. First, it 811ows T￿e Shephèrd to extend theiT re8ch and help rn0￿ entreprenèurs
by bveraging the eX￿rtIst and kno¥￿edge cf their dedicated mentor8. These rneTrtors generou81y volunteer thelr tirn• and share their
ins4hts. prowding VolUab￿ guidance to budding busine88e
page 3

Tr•? Shgpherd Ltd
FOR THE YEAR ENDED 3110312026
TRUSTEES. REPORT
Additionally, the volunteer hours provided by partnerships such 95 the Community limpact Hub supports our social iMpa(a ac*vilie8
contribut8 to the ovèrall gro￿ and Impact ol Tree Shepherd. By collaborating wth organi8ations that 8h8re a comrnltmont to 50dal
imp8Ct. Tree Shepherd tsps into 8ddrtional resources, exp*r0￿. and networks. This helps ueate a more robust BUPPOrt System for
entrepreneurs, uttimately increasing their chancLs of success.
Overall, the voluntary aclivitte8 enable Tree Shepherd to enhanc￿ our Imp8L* on the communrtl•i s•Ne. It d•monstrates the
power of collaboration and the Importancé of giving bac* to support 60cial and economic development.
STRATEGIC RepoRT
See Appendix 1 for lull details l Tree Shepherd TrusteeB SorAal Impad Report 20241251
Our core actlvilies arn providing small-group training, busine88 SllPPOrt and rnentoryhip and access to an 8fford8ble w0th5￿Ce. Our
vl8ion18 of a worfd ¥there everybody has the $elf-b¢li¢f, tgo18, and ne￿OrkS to gclively p8rtlapale in their local economy. We hgve
become a vit81 rnmmunity re8ourc8 and helwd 1000+ marginalizeo people to start busine66es. generating 1200+ new job8
In addition. we help the Ioc81 ￿mmUnitieS we work with to promole bus5n•8ses and h￿p Ih•m grow. We beI￿v0 by doing this. ￿ can
h¢lp peoplè obtain long4•rm employment and Improve the dlveTsty of the area further.
The strategic objective8 of Tree Shepherd aw foeusod on promotlng urban ￿generatIOn, relieving poverty and unemploymenl,
advan￿ng education. and trainlng, and provlding technicgl a88i8tance 8nd busin¢ss advice to c￿0¢¢ Iralning and employmènt
opportunitie8, Speryflcany. thelr oblèthve8 indude..
Promotlng uthan regeneration in the VK and internalionally for the public ￿n￿fit. Relieving pov•rty by lupportlng Inttialve8 thal
addre88 economic hard8hip8.
leviating unemployment by provid5ng training, retralning, and em￿0ymartt opportunkla8. P8rtlcularfy Icrf unemployed Individualj and
Iho$1 on low Sn¢omt$.
Advanring educallon and trainlng lo ernpowtrr lndlvlduo18 ¥￿th tho 8klll8 needed for 8u8lainable employm8nt.
Prowding technical ￿81￿tance, busine$8 8dvic8, and ￿SuItsncY lo h&lp un•mploy•d Indlvldua18 let up thelr own bu8lne8•ea or
$upport exi8ting social eThterpri3e8 and businesse8.
Cre8Jng trainlng and employment opportunit*$ by offeflng f8vorable tem)8 on workspace, bulldlng8, and land.
8y pur8uing these objectives, Tree Sheph8rd aims to make 8 positive social imp8¢t in their communi￿e$, empower Indivkluals
through tralning and empbyment, and contrfbute to urb•n regeneratlon effort8
page 4

Trn¢ Sh¢ph?ryl Ltd
FOR THE YEAR eNDeD 3110312025
TRUSTEES. REPORT
PROGIIAMME OVERVIEW
Women in Enterpnse Trainlng.. Supported ferna￿ entrepreneuwrfmarfly Black and athnle minorlty Wcfflen￿th mentoring, Ilf
coaching. and wellbeing workshops. Thi8 year-long initigtive built resilience and busines8 confiden￿.
Thriving High Street Peckham Business Forum IPBFI.. Engaged wth mark•t trad•rs and small buslne5s83 frorn minoritised group8.
The Forum became a recognised plarfotm for advocpcy and ente￿r￿￿e 8uwJort, ujlminating in the 6uccesgful PeL*h8m Fg$tiv*
Market with 40+ tr¥d¢r¥ and 1,000+ visitor6.
RelDGgtion Programme & Business Support,. ￿￿8d 61 bu¥lne$8eB faring di6￿8¢ement due to regeneratlon. Tallored support Induded
str8tegk plsnning, rnenlorfng. and relocation advlee.
ConBda W8t8r Regeneration -Trust For London Racial JU8t1￿ Fund Programme.. Delivered 12 rnarket events, an 8-week 8llteTPri
course, ond 8 relocabon strategy for 40 troders. AdvDcatsng for r indu¥ive procurement and affordabilrty me8sures for Small
buBine8Bes
Affordable M•anwttllt Workspa￿¥.. Provlded accessible W0￿8Pac*S In Soulhwath and Lamb¥th, enabllng mICr￿bUSinesSe8 to apply
enterprise tr8ining 8nd mentoring In real-worfd settings.
Soulhwark High Str8•t Ricnv•ry Fund.. Ho8ted monthly market4tyl• •vents to Increase 8rnploymnt and bujIne￿ cpportunits'e8, With
targeted support for 81ack and womemwned bu*n¢¥¥e•
Impact Summary.. Tr88 Shepherd's progr8mrn88 have empowered hundre(Js ol Indlvldu819 and buslnèssea, promoting dlverslty,
•conornic iThduslon, and community re$4ience. By cornblnlng dats-driven 8trate9y, 9rn83roo18 engag8mtsnt, and tailored Support, w•
contlnue to eharnpion equitablè regeneration and sustainable enterprls•.
RISK AIANAGEMENT
Th• Govemance Revlew reeomm•ndatlon$ are b•ing implernented. The board ol tNstee8. as advlsed by the CEO and ¢x*¢ufjve
t•am, 15 respon8ibl¢ for rnan8ging tho rigkg faced by th• chanty. Riskè ar8 identified and a3￿$#*d Mdthin a risk m&trix. This Is
reviewed annually, and mknggtions 8nd control¥ a￿ e$tabli$hed.
FINANCIAL REVIEW
Tha totÈl ineome rec8lved durlng Ihe year was £271,757.W gnd tha total •xp•ndllur¢ lor thtr year wa8 £285,059.1X. The total fiJnd8
aV8i18ble ag at 31103r2025 was £113, 113.00.
RESERVES P¢XICY
The charily airn8 to hold level$ ol unrestiictad rn8•rves DI at least 3 rnonlhj operating expenses.11 is not the Intention of the Tru8tae8
to accumulate re8eNes and th• TruBteg9 seek to apply all fvnds above Ihe r•qulr•d l•v81 In accordance %wth the charity8 statsd
objective&.
page 5

Tree Shepherd Ltd
FOR THE YEAR ENDED 3110312025
TRUSTEES. REPORT
The report was pr8pared in ac£ordane• the speoal provisions within Part 15 of th8 Comp8ni88 Act 2006.
This ￿port
8$ èpproved
ythe Bo
f Tnjstees 1910912025
Jona
ha
LARKE
page 6

Tree Shepherd Ltd
INOEpeNDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 311031202S
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TREE SHEPHERD LTD
I report on the accounts of the company forthe year ended 3110312025.
RESPECTIVE RE8PONSIBILITIES OF TRUSTEES AND EXAMINER
Th? tnJstee3 (who are also the director3 of the company for the purposes of company lawl are re3pgnsible for the prepar8tion of the
aeeounis. The tru8tees Consider that an audrt 15 not required for this year under section 144121 of the Chari15es Act 2011 (the 2011
Act) and that an independent examination 1$ needed. l am qualffiad to Unde￿k¢ the •xaminatlon by being a quallfied member of Th•
Institutg of Fln8nc481 Accountants.
HavinG Satisfied mysell that th? tharity is not subject to an 8u¢JIt undèr comp8ny18w and 1$ eliglble for indepen(Jent examlnallon, It 1$
my rètsponsibility to..
- examine the aecounls under 8e¢tion 145 of the 2011 Ac(.
fellow the prcc¢dureg laid down in the genernl Dlr•¢tionJ gI￿n by th• Charity CommisBion under s•clion 14515llbl DI the 2011 Act,.
and
- state whether pa1￿c￿l￿r mjtters have corne to my atlenllon.
8ASIS OF INDEPENDENT eK4MINERS STATEMENT
My ?xomin8tion wa8 canied in accordance wth general Directions glvan by th• Charlty Comrnission. An •x?mln8tlon Indude8
view of th• aceountsns records kept by the charity and a wmparison of the accounts presented wlh those records. It also Inelud83
consideration of any tsnusu81 bt8rn5 or disclosures in the aceounts, 8nd Seeking explanptions from you 89 Injstees conceming any
guch matters. The proc*dures undertaken do not provide all the eviden¢e thot would be r•qulr•d in an audit, and consequenuy no
opinion is given to whether th• accounts pres•nt • '1rn8 and lair vi¥%V' and the report ￿ limited to those mitlern set out in lh*
slat?mgnt below.
INDEPENDENT EXAMINER8 8TATEMENT
I have compl•tsd my examination. I confimi that no material rnatters have corne to my 8ttentlon givas me eause lo b¢11￿¢ th•t',
accounting r*eords were not kept in accordance with sectlon 386 01 the Cornpanie8 Act 20C6'. er
Ihe account• do not 9ccDrd ¥￿th such records.. or
the accounls do not CDmply ￿ Televant accountlng requiiem•nl$ un(kr ¥ecb'on 398 of the Companies Act 20C6 oth•r than any
qulr¢rnent that the aecL)unls gN• a truè and fair view which is not a matter COn￿dered as part of an independent ex¥mination', or
the a￿OUnts have net b8•n prepared in accordance wfth the CharltleB SORP IFRS1021
pag• 7

Tree S￿phOrd Ltd
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDEO 311031202S
Acqjmf Ltd
Finanual A￿oun￿nts
59 Cantothury Road
North Harrow
HA14PO
p#g8 8

Tree Sh?ph?rd Ltd
Statement of Flnanclal Advltlo•
forth• y•ar•nded 3110312026
2028
2024
Unre•lrlctsd Rg•trict•d
funds
fund#
Tot•1
rot81
Income from generated funds
Ineom• Irom eharltable adivitss
Totsl In¢om• and tndovJm•nt•
exp•n¥
Co¥t8 of generating fiJnd8
Expenditurè tsn RÈl$ed funds
Expenditure on Charllable 8￿J.vitIes
Totsl Ex￿n••I
N•t galn• on Inv•8lrnwts
N•t In¢om•
271,757
271,767
271,757 24Q.580
271.757 240,580
48,131
218,928
260,069
48,131
35,522
218,928 203,500
266.069 239,022
6.898
6,698
G•ln•lllo••fr61 on r•v•luatl<>n of flx•d •••••ts
N•t m0￿M￿nI In fund•:
Ngt In¢orn• forth• year
Totsl lunth brought lorward
14•t lund• earrl•d fort¥ard
6,898
106,41S
113,113
6.69
106,415 704,857
113,113 106,475
Thlj statement ol financial actlvlttea Inc4ud•$ all galn8 1068e• recognljed In the yaar. ￿1 Ineam• 8nd •yndhu
denvo from t4ntinuing 8ctivrties
page 9

Tro? Shepherd Ltd
BALANCE SHEeT AT 3110312026
2026
2024
Not•$
FIXED ASSETS
Tangib￿ assets
699
932
CURRENT ASSETS
Debtors (amounts lalling due within one yearl
Cash at bank 8nd In h•n¢J
20,385
180,518
200,903
79,673
145,425
225,098
179615
CReDITORS: Amount• falllng wlthln on• y•ar
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILmE8
112.414
113,113
105,483
106,415
CAPITAL AND RESERVES
Unr••trlcted fvnd•
Gener81 fund
113,113
113,113
106.415
106.415
For the year endlng 3110312025 Ih? ¢ompany was enlliled to exemption under B*Ction 477 of the Compani8$ Act 2Cth relating to
8m811 componl¢s.
Th• m•mber$ hove Trot required the cornpany to obtsin 8udit in acCo￿anCe wth s¢clion 476 of the comp8n￿# Ad 2006.
Thg dlr¢ctgr¥ acknovAedge thelr r6sponsibilibe6 for Complying wlth the reqU1￿MentS of the Act wth re6pecl to accouThling records and
the prepbrdtlon of account8,
These 8¢¢ount• have been propgred In ac£ordJThce wlth the prOvI￿on8 appl]￿ble to o)mpanle$ •ublect lo the Brnall ¢ompanle8
re9lm•.
Approved by th• board of tru•t••• on 1910912028 and 81on•d on thelr
b•ha
by
8than CLARK
slee
page 10

Tveo Shopherd Ltd
NOTES TO THE ACCOUIITS
FQR THE YEAR ENDED 3110312025
1. ACCOUNTING POLICIES
*•. Bas1¥ 01 Accountlnq
The accounts havè b•èn prepared under the hl8torfcBI cgst ￿nventiOn.
The 8cwunts have been prepared In 8ccordance with FRS102 - The FinJnci31 R•porb'ro Stsndard appllcable In the UK and Republlc
of Ireland and Ihe Cornpanie5 Act 2CKfj and thg ￿qUIrementS ol the Slatement ol Raeommendad Practice, Acwunling and Reportlng
by Char￿e5.
Ib. In¢omlng RMource•
All incorning resourceg ar• induded on the Stslernent of Flnancl81 Adlvitles then the charity ￿ legally enlftw lo th? in¢orn• and the
amount can be quantrfied wpth ￿850￿&blO 8cfAJf8Cy.
1¢. R••ource• exp•nd•d
Expendlture Is o¢munted for on an a(£ruals basis and has been dassifl•d under headings that aggregfite all cost rel&ted to th•
category. ￿ere coyts eannot be directly attributed tc parbcular headlngs they have b8en glloeai¢d to ¥￿vItIeS on a b8•18 con818tent
wllh the us? ol re8ource&.
Id. Allocatlon And Apportlonrn•nl Of Co•1•
All co$15 relal? to the 3lngle actlvity of th• thÈr[la￿e cLYnpany and ar• recognl8ed awdlngly.
l•. Fund Accountlng
Unre8trfcted fund$ ¢8n be u8ed In aCWrdan￿ wfth the thori18t￿2 objectiv&s at the discroticn of th¢ tru3tse
Restricted fvndB can only be used for p8rtioJlar re8trlcted purposeg wrthin th• obi•¢t8 of the charity. Restrbdons arlge th•n specified
by the donor or when lundB are raised for particular rnstrlcted purposeg.
Designated fund¥ funds set aglde by thè trust888 Out of unre8trict•d g•n8ral funds forlhe Speclflc fvture puryJooe8 or proloet&
11. D•pMcl•llon
Oeprtscba￿On h$$ b•en prowhded atlhe foll￿n9 rates in ord8rto write off the assets over th¢lr estlm8ted ugehjl Ilves.
Equipment
r•duting balance 25%
page 11

Tree Shtpherd Ltd
19. Tumo¥•r
TumDver repre$ent8 the involced value of good6 and 8ervic*$ iupplied by the ￿)mpanY. net of value added tax and trade dlscounts.
2. TANGIBLE FIXED ASSETS
qulpm•nt
Total
Co•t
AI 0110412024
At 311031202S
Peprgclallon
At 0110412024
For the year
At 3110312025
Net Book Amounts
At 3110312025
AI 3110312024
7,679
7,679
7,679
7,679
6,747
233
6,980
8,747
233
699
699
932
932
3. DE8TORS
2028
2024
Amounts falllng éu• ￿thin one year..
Trade debtors
VAT
O¢her debtor8
14,454
4,805
1,126
20,385
73,48S
6, 188
79,673
4. CREDITORS: AMOUNTS FALLINO DUE WITHIN ONE YEAR
2025
2024
Trade L¥edknrs
Taxation 8nd sodal 8•sJrfty
Other ueditor
15,999
2,587
89,903
68,489
24,820
2,673
92, 122
119,615
Page 12

Trae Shepherd Ltd
S. LIMITED BY GUARANTEE
Th¢ Company is limited by guarantee and doe8 not have a share Capital. Each member 9ives 8 guaraTrteE to contrlbLrt• 8 surn not
exc*eding £1. te the company shouky it be wound up. At 31103r2025 there were S m•mb•
O. UNRESTrICTED FUNDS
Brought Ihcomlng Outgolng
f0Th￿rd ￿OurCeS r•8our¢•#
Tran8f•
Carrf•d
forw•rd
G?neral fund
106,415
106,415
271,757
271,757
1265,0591
1285,0591
113,113
113,113
7. RESTRICTED FUNDS
Brought Incomlng Outgolng
lorward rn•our¢•• re•ourc••
Caryled
lo￿ard
Trnn8f•rn
page 13

Tyee Shepherd Ltd
Incomlng R•souree6
forthe year ended 3110312025
2026
2024
lThcomlng r•8our¢e•
In¢ornlng r••ourco• from g•ner4tsO fund
271,757
240,580
24CI,580
271,757
paqe 14

Tr•9 Shepherd Ltd
Expen•
forthe year ended 3110312025
2026
2024
Expen•g•
Co6ts ol llenera￿ng funds
Costs Of Gen•ratlng Voluntary Incomo
Subcontraetors
Tutors Fee5
Venue and Events eDSt8
6,262
4,838
35,031
46,131
8,910
590
26,022
35,522
46,131
35,522
Charltsbl• Actlvltl•a
A￿￿￿.￿1ng and promotion
Travel
In$ur¥nc8
Heat and light
CItBning
Repalrs and r•ngwal¥
WageÈ. regular
Staff welhrv
Training
IT and webilte co$t8
Accountancy fees
Profession81 fees
Stationery & offke suppl1•8
Telephone
Bank char9e•
D•preciation cf equipment
26,829
21
3,486
7,749
528
921
130.521
4,874
3,756
9, 795
1,270
3,678
127,808
353
321
20,833
18,429
8,411
2,254
1, 150
198
310
203,500
79
14,459
23,861
6,323
2,980
788
152
233
218,928
2S5,059
239,022
page 15