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2025-05-31-accounts

Company registration number: 12596714 Charity registration number: 1205666

Trustees’ Report and Financial Statements for the year ended 31st May 2025

Share Bristol Contents

Page
Trustees' Report 1—6
Independent Examiner's Report 7
Statement of Financial Activities (including Income and Expenditure Account) 8
Comparative Statement of Financial Activities (including Income and Expenditure Account) 9
Balance Sheet 10
Notes to the Financial Statements 11—16
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities (including Income and Expenditure Account) 17—18

Share Bristol Trustees' Report (continued) For The Year Ended 31 May 2025

Reference and Administrative Details

Trustees

A L Perry L Turner A Ralph N J Banks (appointed 20/08/2025) B Smith (resigned 20/08/2025)

Charity Number 1205666

Company Number 12596714

Principal Address

1-5 High Street Kingswood Bristol BS15 4AA

Registered Office

1-5 High Street Kingswood Bristol BS15 4AA

Independent Examiner

Emma D'Aubyn FCA BFP BSc. Mutu Accountancy 1.07 Newark Works 2 Foundry Lane Bath BA2 3GZ

Share Bristol Trustees' Report (continued) For The Year Ended 31 May 2025

Structure, Governance and Management

Governing document

Share Bristol is a charitable company limited by guarantee (registered charity no 1205666, company no 12596714). The company was formed as a Community Interest Company on 12.05.2020 and converted to a registered charity on 10.11.2023. It is governed by its Articles of Association which were accepted by the Charity Commission on registering Share Bristol as a charity.

The role of the Trustees

The Trustees have overall responsibility for the activities of Share Bristol. They set the strategy, oversee the charity’s finances and oversee all policies as expected of a Board of Trustees. Their responsibilities regarding the preparation of financial statements are summarised below. In addition, Trustees are active volunteers and contribute to the running of the charity through running lending sessions and carrying out work in accordance with their skills and the needs for the charity, for example writing policies, preparing fundraising applications, marketing activities, grant and contract monitoring, building partnerships, representing the charity at external events, negotiating supplier contracts, paying bills and general administration tasks. It is accepted that these tasks are beyond expected Trustee duties, but Share Bristol is a small charity and does not have an executive management team to carry out these activities.

Board meetings are held four times a year at which the main items of business are governance matters, finance monitoring and planning, regulatory reporting, policy approval, overall performance monitoring, future developments and strategy, organisational risks and Trustee responsibility monitoring.

Those who were Trustees during the period are listed above. Trustees receive no remuneration for their time and expertise. They are able to reclaim reasonable out of pocket expenses for Trustee expenses, and for expenses incurred in general volunteering.

Trustees note the guidance in the Charity Governance Code and, whilst accepting that there are always areas for improvement, believe that a high standard of governance and management is in place at Share Bristol, proportionate to the size and age of the charity.

Trustee appointment and training

Board vacancies are advertised through various external channels and prospective applicants receive a role description. Shortlisted candidates are interviewed by two existing Trustees, then reference and disqualified director checks and a basic DBS are completed. New Trustees are provided with induction materials and invited to meetings to introduce them to Share Bristol’s work. Trustees are signposted to resources on charity governance and related areas, and may have the opportunity to attend external training courses.

Trustee terms are variable, with one third of Trustees, the longest serving, required to step down at each Annual General Meeting. They may be immediately re-appointed by the members, who are, in practice, the other Trustees.

Salaried staff

During 2024/25, Share Bristol employed:

Share Bristol remunerates its staff according to the charity’s experience of recruitment and retention, local market conditions, inflation and similar roles advertised locally, which are considered annually in light of National Living Wage increases and the advice of the Living Wage Foundation. Share Bristol salaries meet the Living Wage Foundation’s UK Living Wage standards and the charity is registered with the Living Wage Foundation.

Volunteers

Volunteers provide most of the person hours at Share Bristol. As well as the volunteer tasks undertaken by Trustees, outlined above, other volunteers assist by acting as Librarians of Things during lending sessions, servicing, cleaning, PAT testing and repairing items as Thing Technicians, managing social media and assisting with promoting Share Bristol at external events. The volunteers are supervised by a Trustee or a staff member, depending on the task.

Dozens of volunteers kindly supported us during 2024/25, volunteering for 2,914 hours in person during Share Bristol opening hours (2023/24: 1,700 hours). Other volunteering time was not recorded. Share Bristol is so grateful for the phenomenal support provided by all our volunteers, each contributing what skills and time they can to our cause. The charity would not be able to function without them.

Premises

During 2024/25, Share Bristol continued to rent a unit on Kingswood High Street on a commercial basis and benefited from a ‘meanwhile’ lease on East St, from which Share Bristol Bedminster runs. We are grateful to Firmstone and Bristol City Council for securing our use of this space. Since January 2025, we have held a licence to use two shipping containers on UWE’s Frenchay campus, from which Share Bristol Frenchay runs.

Page 2

Share Bristol Trustees' Report (continued) For The Year Ended 31 May 2025

Objectives and Activities

The purpose of the charity

Share Bristol’s charitable objectives are ‘ To promote for public benefit in Bristol and the surrounding area the protection and

preservation of the environment by working for reductions in greenhouse gas emissions, raw material use and manufacturing waste through the provision and support of community resource sharing, re-use and repair initiatives. Additionally to advance education of the public in sustainable living and the circular or ‘regenerative’ economy in Bristol and the surrounding area through communications, events and information .’

The Trustees have regard to the guidance issued by the Charity Commission regarding the legal requirement that a charity’s purposes must be for the public benefit. Please see the details below and throughout the Report which explains how Share Bristol meets its public benefit requirement. The Trustees confirm that they have complied with their duty under section 17 of The Charities Act 2011.

How Share Bristol served the public in 2024/25

Share Bristol provides a unique service in the Bristol and South Gloucestershire area. In 2024/25 this was through the provision of a Library of Things operating from Share Bristol Kingswood and Share Bristol Bedminster throughout the year, and from Share Bristol Frenchay from 29th January 2025. This enabled people to borrow Things instead of buying them, with the charity’s expansion to a third site vastly increasing the accessibility of the service.

People borrowed a total of 6,021 Things on 3,976 occasions during 2024/25 (2023/24: 2,366 Things on 1,589 occasions). Our most prolific member borrowed 65 Things over the course of the year (2023/24: 52 Things).

During this period, Share Bristol received positive reviews from members who appreciated the wide range of Things to borrow, and the friendly and helpful team of volunteers and staff. Examples of some positive reviews include:

“It is such a cool idea, it's been super useful even the past month or so we've had a membership and all the staff are so friendly and helpful!! As new homeowners it's been amazing borrowing what we need for different home projects but saving money for things we don't need to keep around as a permanent purchase.” Lauren

“This is absolutely godsend to me. Friendly and enables people who can't afford tools to enable me to change my living area to a happy space to feel contented in my life. What a positive impact on the people that are suppressed due to low income and other factors that affect them. Wide variety of DIY products. Booking and hiring is easy!” Lucy

“A fantastic resource, borrowed a pressure washer and it was great! Helpful people, very convenient and will definitely use again.” Wendy

“I have been able to use items from Kingswood Library of Things on three occasions now & can't fault them at all, always happy to help with smiling faces & warm greetings. If you’re unsure of the item you need they are happy to assist in finding the right tool for the job, I have recommended Share Bristol’s Library of Things to all my friends & hope it continues as it's a well valued addition to the community,” Jeff

“Brilliant project - huge range of items that have helped us from DIY tools to camping equipment. Great availability of items and friendly team too.” Perran

“Easy and quick service. Such a good idea. Last borrow was things for a kids party that I would have had to buy and store otherwise!” Sinead

“So pleased to borrow a carpet cleaner. It cleaned really well, easy to use and made my carpets look great.” Anne-Marie “I loaned a vacuum cleaner which was in excellent condition, clean and all fittings were present. So glad to have discovered Share Bristol.” Helen “Fabulous idea, this Lending Library of Things. Very helpful and knowledgeable staff, and looking at the website, there is an untold selection of goods available for loan. Really impressed.” Kevin

“Fantastic community resource. Really great and useful selection of tools, camping gear and other items on their website. Very simple to use and the staff are always super friendly and helpful.” NDN

“Such a valuable resource!! Am getting loads of jobs done because I can borrow the tools I need.” Joanne “Incredible community resource - great range of items, and really lovely people working there. Hope it continues to be successful! If you've not signed up yet, you won't regret doing so.” Rachel

“Absolutely fantastic place. The staff were so helpful and we were able to get all the things we wanted to borrow very last minute. Thank you!” Caroline

“Great selection of Things, speedy service, and there's always something interesting going on in the community space when you go in!” Suzie

Page 3

Share Bristol Trustees' Report (continued) For The Year Ended 31 May 2025

“Borrowed a drill for a few days then extended the loan easily online. The drill worked perfectly and the battery was all charged up. Lovely people in the shop, and lots of things available to borrow - no charge once you pay the annual membership fee. Recommended!” Hilary

“Such an easy system to use and very friendly volunteers.” Kyra

Ten Sovereign Housing Association residents benefited from a free annual Share Bristol membership during 2024/25 (2023/24: 13). 337 members benefited from Concession memberships, which are heavily subsidised by grant and donation income, and open to everyone in receipt of benefits or on a low income (2023/24: 146).

From 1st July 2024, we ran a Community Hub from Share Bristol Bedminster, thanks to a grant from Bristol City Council and the West of England Combined Authority under their City Centre and High Streets programme. Bedminster Community Hub provided structured activity sessions and drop-in resources for adults.

In 2024/25, we ran 165 events and activity sessions in partnership with 58 local small businesses, charities and sole traders, covering everything from crafts, circus skills and cooking to music, comedy and film. We provided friendly chats, signposting and useful information to people dropping in between structured sessions. We also provided a community toilet, water refill station, rough sleeper resource cupboard, information for new residents and a community food and book swap.

This resulted in us welcoming 3,368 people to the Community Hub and its activities, who may not have otherwise visited East St. They learnt new skills, came away with some great things, improved their health, made new friends, connected with their community, and many of them joined Share Bristol so they could borrow from our Library of Things. Overall, we created a positive place where people came to be inspired, educated and connected.

We received excellent feedback on the Community Hub; this word cloud was created from all qualitative feedback received:

Over 97% of session attendees said they would recommend the Community Hub to others, and attendees were over-represented in terms of ethnicity and gender identity different to that assigned at birth compared to the local population.

Financial review

In 2024/25, total income was £190,720 (2023/24: £30,295 ). 2024/25 was not a typical year for Share Bristol, as from 1st July 2024 to 30th June 2025 we received significant grant income for Bedminster Community Hub. We also received grants paid in arrears, reimbursing the charity for expenses incurred in 2023/24.

In 2024/25, Share Bristol had three main sources of income:

Expenditure rose to £103,834 ( 2023/24: £34,717), as we took on additional employees, ran significant activities as part of Bedminster Community Hub and opened Share Bristol Frenchay in January 2025.

During 2025, we continued to experience a growth in membership numbers, prepared to open an additional location and have adequate reserves. We are therefore assured that we can continue as a going concern.

Trusts, Foundations and Grants

During 2024/25, we received £141,901 in grant income ( 2023/24: £14,506 ). We are grateful to the following organisations who awarded us grants:

Page 4

Share Bristol Trustees' Report (continued) For The Year Ended 31 May 2025

Individual donations

During 2024/25, we received individual donations, totalling £6,653 ( 2023/24: £266 ).

Gifts in kind

We are grateful to members of the public who have donated unwanted Things to our Library Catalogue during 2024/25, enabling Share Bristol members to borrow them this year and beyond.

Fundraising compliance

Share Bristol does not have any commercial participator arrangements and did not use any professional fundraising services. We did not receive any complaints regarding fundraising activities. We are not aware of any concerns regarding our compliance with fundraising standards and regulations, and believe that Share Bristol has adhered to all guidance to the best of our ability.

Share Bristol is not required to register with the Fundraising Regulator as it does not spend any funds on fundraising, but has done so to show our support for high fundraising standards. The charity follows the Code of Fundraising Practice where appropriate.

During 2024/25, Lindsay Turner, Trustee and a fundraising professional, oversaw fundraising activity, and Anna Perry, Trustee, who has a Diploma in Fundraising with the Chartered Institute of Fundraising, assisted.

Reserves

Share Bristol’s unrestricted general reserves were £57,146 at 31st May 2025.

Share Bristol’s aspiration is to hold enough free cash reserves to do the following, in priority order:

  1. Settle obligations in the event of winding up the organisation e.g. staff redundancy pay

  2. Deal with unexpected expenses e.g. building maintenance

  3. Provide a buffer in the event of a disruption to income e.g. membership income falling

  4. Be able to respond to opportunities that help us meet our objectives e.g. Thing purchase, opening additional locations

For 2025, the amount of free cash reserves needed to fulfil the first of these priorities is around £10,000. Share Bristol estimates that the amount of free cash reserves needed to fulfil priorities 1, 2 and 3 is around £30,000. Funds in excess of this figure are considered funds designated for investment, meeting priority 4 in the list above, and are held in a savings account earning interest, to generate additional revenue and to ensure that large amounts are not held in an easy-access account. Trustees review the level of reserves regularly to ensure they are appropriate and not excessive.

Restricted funds at year end totalled £36,643 ( 2023/24: (2,649)) . There were no designated funds.

Risks

During 2024/25, Share Bristol undertook quarterly reviews of the Key Risks Register. The main risks and their management were:

Our Vision for the Future

Our vision is that everybody shares.

To achieve that vision for Bristol and South Gloucestershire, we need to make borrowing as convenient as buying, and create a culture where borrowing is the preferred option.

Page 5

Share Bristol Trustees' Report (continued)

For The Year Ended 31 May 2025

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

A L Perry Trustee

19/03/2026

Page 6

Share Bristol

Independent Examiner's Report to the Trustees of Share Bristol For The Year Ended 31 May 2025

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Emma D'Aubyn FCA BFP BSc. 19/03/2026 Mutu Accountancy 1.07 Newark Works 2 Foundry Lane Bath BA2 3GZ

Page 7

Share Bristol Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025

2025 2024
Unrestricted
funds		 Restricted
funds		 Total funds Total funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 6,653 141,901 148,554 14,772
Charitable activities 4 41,522 - 41,522 15,523
Investments 5 154 - 154 -
Other 6 490 - 490 -
48,819 141,901 190,720 30,295
EXPENDITURE ON:
Charitable activities (1,225) (102,609) (103,834) (34,717)
NET INCOME/(EXPENDITURE) 47,594 39,292 86,886 (4,422)
NET MOVEMENT IN FUNDS 47,594 39,292 86,886 (4,422)
RECONCILIATION OF FUNDS:
Total funds brought forward 9,552 (2,649) 6,903 11,325
TOTAL FUNDS CARRIED FORWARD 16 57,146 36,643 93,789 6,903

The notes on pages 11 to 16 form part of these financial statements.

Page 8

Share Bristol

Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025

2024
Unrestricted
funds		 Restricted
funds		 Total funds
Notes £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 3,872 10,900 14,772
Charitable activities 4 15,523 - 15,523
19,395 10,900 30,295
EXPENDITURE ON:
Charitable activities (21,168) (13,549) (34,717)
NET EXPENDITURE (1,773) (2,649) (4,422)
NET MOVEMENT IN FUNDS (1,773) (2,649) (4,422)
RECONCILIATION OF FUNDS:
Total funds brought forward 11,325 - 11,325
TOTAL FUNDS CARRIED FORWARD 16 9,552 (2,649) 6,903

The notes on pages 11 to 16 form part of these financial statements.

Page 9

Share Bristol Balance Sheet As At 31 May 2025

2025 2024
Unrestricted
funds		 Restricted
funds		 Total funds Total funds
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 12 915 - 915 1,143
915 - 915 1,143
CURRENT ASSETS
Debtors 13 3,213 - 3,213 2,586
Cash at bank and in hand 54,982 36,643 91,625 4,163
58,195 36,643 94,838 6,749
Creditors: Amounts Falling Due Within One Year 14 (1,964) - (1,964) (989)
NET CURRENT ASSETS (LIABILITIES) 56,231 36,643 92,874 5,760
TOTAL ASSETS LESS CURRENT LIABILITIES 57,146 36,643 93,789 6,903
NET ASSETS 57,146 36,643 93,789 6,903
FUNDS OF THE CHARITY
Restricted Funds 36,643 (2,649)
Unrestricted Funds 57,146 9,552
TOTAL FUNDS 16 93,789 6,903

For the year ending 31 May 2025 the charitable company was entitled to exemption from audit under section 479a of the Companies Act 2006 relating to subsidiary companies.

The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

A L Perry Trustee 19/03/2026

The notes on pages 11 to 16 form part of these financial statements.

Page 10

Share Bristol Notes to the Financial Statements For The Year Ended 31 May 2025

1. General Information

Share Bristol is a company limited by guarantee, incorporated in England & Wales, registered number 12596714 and registered charity number 1205666. The registered office is 1-5 High Street, Kingswood, Bristol, BS15 4AA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared in accordance with the Financial Reporting Standard 102, (effective 1st January 2016), the Statement of Recommended Practice for Accounting and Reporting by Charities, and the Companies Act 2006.

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatement was found to be required.

2.2. Going Concern Disclosure

The charitable activities are dependent on continuing voluntary donations and grants as well as trading revenues from memberships. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern.

2.3. Incoming Resources

Nature of income

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Categories of Income

Income is categorised as income from voluntary donations, grants and income from trading activities. Trading activities relate to membership fees and loan fees received from members of the public.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

2.4. Resources Expended

Recognition of liabilities and expenditure

Ensuring our work delivers our aims

We review our aims, objectives and activities each year. The review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each of the key activities and the benefits they have brought to those groups of people we are set up to help.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 20% straight line Computer Equipment 20% straight line

Page 11

Share Bristol Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

2.6. Cash and Cash Equivalents

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

2.7. Financial Instruments

There are no significant implications of financial instruments to the charity's position.

2.8. Taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose.

Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

2.9. Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

2.10. Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to another charitable body or bodies having similar objects to the charity.

The charity is a company limited by guarantee and has no share capital.

3. Income from Donations and Legacies

3. Income from Donations and Legacies
2025
Unrestricted
Restricted		 Total
funds
funds		 funds
£
£		 £
Donations and gifts 6,653 - 6,653
Grants - 141,901 141,901
6,653 141,901 148,554
2024
Unrestricted
Restricted		 Total
funds
funds		 funds
£
£		 £
Donations and gifts 266 - 266
Grants 3,606 10,900 14,506
3,872 10,900 14,772
4. Income from Charitable Activities
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Charitable Activities 41,522 15,523

Page 12

Share Bristol Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

5. Investment Income

5. Investment Income
2025
2024
Unrestricted Unrestricted
funds
funds
£
£
Bank interest receivable 154 -
6. Other Income
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Other income 490 -
7. Net Income/(Expenditure)
The net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible fixed assets - owned 229 286

8. Support Costs

8. Support Costs
2025
Charitable
Activities
£
Employee costs 44,717
Premises expenses 11,271
General administration 46,548
Depreciation 229
102,765
Raising Charitable 2024
funds Activities Total
£ £ £
Employee costs - 13,518 13,518
Premises expenses - 9,036 9,036
General administration 3 10,898 10,901
Depreciation - 286 286
Interest payable - 6 6
3 33,744 33,747

Page 13

Share Bristol Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

9. Independent Examiner's Remuneration

The independent examiner’s remuneration for the year amounted to £840 (2024: £840) in respect of the independent examination of the accounts.

the accounts.
2025 2024
£ £
Independent examination of the financial statements 840 840
Other assurance services - -
Tax advisory services - -
Other financial services - -
840 840
10. Staff Costs
Staff costs were as follows:
2025 2024
£ £
Wages and salaries 43,915 12,949
Social security costs 689 188
Other pension costs 112 -
44,716 13,137

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

11. Average Number of Employees

Average number of employees during the year was: 2 (2024: 1)

12. Tangible Assets

12. Tangible Assets
Fixtures &
Fittings		 Computer
Equipment		 Total
£ £ £
Cost
As at 1 June 2024 2,946 400 3,346
As at 31 May 2025 2,946 400 3,346
Depreciation
As at 1 June 2024 1,888 315 2,203
Provided during the period 211 17 228
As at 31 May 2025 2,099 332 2,431
Net Book Value
As at 31 May 2025 847 68 915
As at 1 June 2024 1,058 85 1,143

Page 14

Share Bristol Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

13. Debtors

13. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,463 -
Other debtors - 836
1,463 836
Due after more than one year
Other debtors 1,750 1,750
3,213 2,586
14. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Other creditors 115 -
Taxation and social security 908 149
Accruals and deferred income 940 840
1,964 989

15. Pension Commitments

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £112 (2024: £0).

At the balance sheet date contributions of £115 (2024: £0) were due to the fund and are included in creditors.

16. Movement in Funds

16. Movement in Funds
As at 1 June As at 31 May
2024 Income Expenditure
2025
£ £ £
£
Unrestricted funds
General:
General unrestricted fund 9,552 48,819 (1,225) 57,146
Restricted funds
Restricted (2,649) 141,901 (102,609) 36,643
Total funds
6,903		 190,720 (103,834) 93,789
As at 1 June As at 31 May
2023 Income Expenditure
2024
£ £ £
£
Unrestricted funds
General:
General unrestricted fund 11,325
 19,395 (21,168) 9,552
Restricted funds
Restricted - 10,900 (13,549) (2,649)
Total funds
11,325		 30,295 (34,717) 6,903

Page 15

Share Bristol Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

17. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

2025 2024
£ £
Travel 132 -
Other Expenses 311 277
443 277

18. Related Party Disclosures

There were no transactions with related parties in the year, except with regard to trustees' remibursed expenses.

19. Controlling Parties

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

20. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 16

Share Bristol Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025

2025 2024
Total funds Total funds
£ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and legacies 6,653 266
Grants 141,901 14,506
148,554 14,772
Charitable Activities:
Charitable Activities
Income from charitable activities 41,522 15,523
41,522 15,523
Investments
Bank interest receivable 154 -
154 -
Other
Other income 490 -
490 -
190,720 30,295
EXPENDITURE ON:
Raising funds
Purchases - 3
Sundry expenses - (3)
Charitable Activities:
Charitable Activities
Purchases (348) (355)
Repairs, renewals and maintenance (133) (308)
Bank charges (588) (310)
Wages and salaries (43,915) (12,949)
Employers NI (689) (188)
Employers pensions - defined contributions scheme (112) -
Travel and subsistence expenses - (277)
Volunteer expenses (1) (104)
Rent (8,400) (8,400)
Light and heat (2,479) (438)
Water rates (392) (198)
Repairs, renewals and maintenance (13,166) (7,925)
Insurance (750) (503)
Printing, postage and stationery (598) (28)
Advertising and marketing costs (801) (98)
Telecommunications and data costs (1,327) (528)
Website costs - (14)
Independent examiner's fees (840) -
Legal fees (34) (944)
HR Costs (143) (361)
Other services - (18)
...CONTINUED

Page 17

Share Bristol Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 May 2025

Subscriptions (1,324) (479)
Sundry expenses (27,565) -
Depreciation (229) (286)
Bank interest payable - (6)
(103,834) (34,717)
(103,834) (34,717)
NET INCOME/(EXPENDITURE) 86,886 (4,422)

Page 18

REF. NUMBER
JS5EN-GMTYD-APX5H-6ZKBH
DOCUMENT COMPLETED BY ALL PARTIES ON
19 MAR 2026 11:06:06
UTC
SIGNER
TIMESTAMP
SIGNATURE
ANNA PERRY
EMAIL
ANNA.PERRY@SHAREBRISTOL.ORG.UK
SENT
19 MAR 2026 09:52:44
VIEWED
19 MAR 2026 11:05:27
SIGNED
19 MAR 2026 11:06:06
IP ADDRESS
82.31.135.144
LOCATION
BRISTOL, UNITED KINGDOM
RECIPIENT VERIFICATION
EMAIL VERIFIED
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