**Charity Registration Number: 109584**
## **The Giving Shed, Helping Others**
**Report and Accounts for the Year Ended**
**31 August 2025**
## **The Giving Shed, Helping Others**
## **Report and Accounts for the Year Ended 31 August 2025**
## **Contents**
||Page|
|---|---|
|**Trustees' Report**|1|
|**Independent Examiner’s Report**|2|
|**Funds Statements:-**||
|Receipts & Payments Account|3|
|**Statement of Assets & Liabilities**|4|
|**Notes to the accounts**|5|
## **The Giving Shed, Helping Others**
## **Trustees Annual Report for the Year Ended 31 August 2025**
The Trustees present their report and accounts for The Giving Shed, Helping Others for the year ended 31 August 2025.
## **Public Benefit Statement**
The Trustees of The Giving Shed, Helping Others confirm that they have had due regard for the guidance on Public Benefit by the Charity Commission for Northern Ireland and are pleased to report that during the period the group continued to provide the Public Benefits through the providing resources and services on offer. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
## **Public Benefit**
The direct benefits which flow from our purpose are to help others through the donation of lightly used goods like clothing and food to support people of all ages regardless of their background or beliefs, who find themselves dealing with difficult issues or circumstances.
The Giving Shed, Helping Others carries out its purpose by supporting and providing resources for those who are struggling with everyday living including recycling and donating lightly used clothes, toys, donations of pantry and toiletry items .
## **Achievements and Performance**
In 2024-25 The Giving Shed, Helping Others used funds received from the National Lottery and Halifax grants to bring our community together, sharing not only essential items, but warmth, friendship and a true sense of togetherness throughout the year. We are extremely grateful to all our local,supportive funders, donors, and businesses for their generosity in our fundraising events throughout this year.
The Giving Shed, Helping Others is a non-profit making organisation. Total income for the period amounted to £5,034, (2024: £18,846). Income derived from donations and gifts amounted to £2,856, (2024:£2,847) and other income from grant bodies and charitable activities amounted to £2,178, (2024:£15,999).
Total expenditure for the period amounted to £10,221, (2024: £2,915).
The net income for the period amounted to (£5,187), (2024: £15,931) with net assets of £11,220, (2024: £16,406 )at 31 August 2025; represented by £6,538 of unrestricted funds and £4,682 restricted funds. The Trustees consider that The Giving Shed, Helping Others is in a satisfactory position to carry on its charitable activities.
## Elizabeth McLaughlin
Elizabeth McLaughlin (Nov 28, 2025 15:01:14 GMT)
**Ms Liz McLaughlin**
_**Trustee**_
Page 1
## **The Giving Shed, Helping Others**
## **Independent Examiner’s Report to the Trustees of The Giving Shed, Helping Others**
I report on the accounts of The Giving Shed, Helping Others for the year ended 31 August 2025, which are set out on pages 3 to 5.
## **Respective Responsibilities of the Trustees and Examiner**
As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to:
- examine the accounts under section 65 of the Charities Act 2008;
- follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act 2008;
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Report**
I have examined your Charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the Charity and a comparison of the
accounts presented with those records. It also included consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as Charity Trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Charities Act.
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with the accounting requirements of the Charities Act.
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent Examiner’s Statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland; I have found no matters that require drawing to your attention.
Kevin Higgins (Nov 28, 2025 15:13:29 GMT) KHA Higgins FCA 9 Knockanully Road Chartered Accountant Martinstown Ballymena BT43 7LZ
_This report was signed on 08 November 2025._
Page 2
**The Giving Shed, Helping Others**
**Statement of Receipts & Payments for Year End:**
**31 August 2025**
|**RECEIPTS**
**Donations & Legacies**
Donations and gifts from individuals
**Revenue grants and income from non public bodies**
National Lottery Awards For All
Halifax foundation
Clothes Recycling
Fundraising
Other
**PAYMENTS**
**Expenditure on charitable activities**
Rent
Fittings
Garage and Storage
Fundraising Costs
Donations made
Products for Giving
Workshops and Projects
Volunteer Expenses
Insurance
Maintenance
Acountancy Fee
Chatty Ladies
Marketing
Bank Charges
**Surplus / (Deficit) for the Period**|**Current Year**
**Current Year**
**Current Year**
**Previous Year**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**|
|---|---|
||2,856
**2,856**
**2,847**
**11,598**
**1,990**
80
**80**
**504**
2,074
**2,074**
**1,907**
25
**25**|
||**5,034**
**5,034**
**18,846**|
||1,658
**1,658**
**722**
275
**275**
733
**733**
337
**337**
**377**
410
**410**
**370**
232
3,134
**3,366**
**675**
1,798
**1,798**
328
**328**
136
**136**
**131**
300
190
**490**
**78**
335
**335**
**440**
319
**319**
**122**
36
**36**|
||**1,314**
**8,906**
**10,221**
**2,915**|
|||
||**3,719**
**(8,906)**
**(5,187)**
**15,931**|
Page 3
**The Giving Shed, Helping Others**
**Statement of Assets & Liabilities - Year Ended:**
**31 August 2025**
|**FUNDS RECONCILIATION**
Total Funds brought forward
Surplus / Deficit this Period:
Total Funds carried forward 31.08.24
**Bank & Cash Balances**
Lloyds Bank
Lloyds Saver Account
Credit Union
Cash in Hand
**Other Assets (Unrestricted Fund)**
**Other Creditors (Unrestricted Fund)**
**TOTAL NET ASSETS**|**Current Year**
**Current Year**
**Current Year**
**PreviousYear**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**|**Current Year**
**Current Year**
**Current Year**
**PreviousYear**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**|
|---|---|---|
||2,818
13,588.00
16,406
**476**
3,719
(8,906)
(5,187)
**15,931**||
||**6,538**
**4,682**
**11,220**
**16,406**||
|||6,537
15,436
3,680
486
486
518
485|
|||**11,220**
16,406|
||||
||||
||||
||||
||||
|||**11,220**
**16,406**|
This report was approved by the Trustees on 08 November 2025 and signed on their behalf by:
## Elizabeth McLaughlin
Elizabeth McLaughlin (Nov 28, 2025 15:01:14 GMT)
_**Ms Liz McLaughlin Trustee**_
Page 4
## **The Giving Shed, Helping Others**
## **Notes to the Accounts for the year ended 31 August 2025**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The Accounts have been prepared on the receipts and payments basis, under the historical cost convention, and in accordance with The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 which are applicable to the financial years of registered charities beginning on or after 1 January 2016 or their date of registration with The Charity Commission for Northern Ireland.
## **Going Concern**
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees, after reviewing the financial forecasts for future periods, 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 uncertainites about the charity's ability to continue as a going concern.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
## **Liability to 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.
## **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 some other charitable body or bodies having similar objects to the charity.
Page 5