Companies House 05961392 2025-03-31 2025-03-31 2024-04-01 false iso4217:GBP xbrli:pure 05961392 2023-04-01 2024-03-31 05961392 2025-03-31 05961392 2024-04-01 2025-03-31 05961392 2024-03-31 05961392 curr:PoundSterling 2024-04-01 2025-03-31 05961392 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05961392 uk-bus:FRS102 2024-04-01 2025-03-31 05961392 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05961392 uk-bus:FullAccounts 2024-04-01 2025-03-31 05961392 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 05961392 uk-bus:Director1 2024-04-01 2025-03-31 05961392 uk-bus:Director2 2024-04-01 2025-03-31 05961392 uk-bus:Director3 2024-04-01 2025-03-31 05961392 uk-bus:Director4 2024-04-01 2025-03-31 05961392 uk-bus:Director5 2024-04-01 2025-03-31 05961392 uk-bus:Director6 2024-04-01 2025-03-31 05961392 uk-bus:Director7 2024-04-01 2025-03-31 05961392 uk-bus:Director8 2024-04-01 2025-03-31 05961392 uk-bus:Director9 2024-04-01 2025-03-31 05961392 uk-bus:Director10 2024-04-01 2025-03-31 05961392 uk-bus:Director11 2024-04-01 2025-03-31 05961392 uk-bus:Director12 2024-04-01 2025-03-31 05961392 uk-bus:Director13 2024-04-01 2025-03-31 05961392 uk-bus:Director14 2024-04-01 2025-03-31 05961392 uk-bus:Director15 2024-04-01 2025-03-31 05961392 uk-bus:Director16 2024-04-01 2025-03-31 05961392 uk-bus:Director17 2024-04-01 2025-03-31 05961392 uk-bus:Director18 2024-04-01 2025-03-31 05961392 uk-bus:Director19 2024-04-01 2025-03-31 05961392 uk-bus:Director20 2024-04-01 2025-03-31 05961392 uk-bus:Director21 2024-04-01 2025-03-31 05961392 uk-bus:CompanySecretary1 2024-04-01 2025-03-31 05961392 core:AfterOneYear 2025-03-31 05961392 core:AfterOneYear 2024-03-31 05961392 core:WithinOneYear 2025-03-31 05961392 core:WithinOneYear 2024-03-31 05961392 core:WithinOneYear 2024-04-01 2025-03-31 05961392 core:AfterOneYear 2025-03-31 05961392 core:AfterOneYear 2024-03-31 05961392 core:AfterOneYear 2024-04-01 2025-03-31 05961392 core:ShareCapital 2025-03-31 05961392 core:ShareCapital 2024-03-31 05961392 core:SharePremium 2025-03-31 05961392 core:SharePremium 2024-03-31 05961392 core:OtherReservesSubtotal 2025-03-31 05961392 core:OtherReservesSubtotal 2024-03-31 05961392 core:RevaluationReserve 2025-03-31 05961392 core:RevaluationReserve 2024-03-31 05961392 core:RetainedEarningsAccumulatedLosses 2025-03-31 05961392 core:RetainedEarningsAccumulatedLosses 2024-03-31 05961392 1 2024-04-01 2025-03-31 05961392 2 2024-04-01 2025-03-31 05961392 3 2024-04-01 2025-03-31 05961392 core:LandBuildings 2024-04-01 2025-03-31 05961392 core:LandBuildings 2025-03-31 05961392 core:LandBuildings 2023-04-01 2024-03-31 05961392 core:LandBuildings 2024-03-31 05961392 core:PlantMachinery 2024-04-01 2025-03-31 05961392 core:PlantMachinery 2025-03-31 05961392 core:PlantMachinery 2023-04-01 2024-03-31 05961392 core:PlantMachinery 2024-03-31 05961392 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 05961392 core:FurnitureFittingsToolsEquipment 2025-03-31 05961392 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 05961392 core:FurnitureFittingsToolsEquipment 2024-03-31 05961392 core:OfficeEquipment 2024-04-01 2025-03-31 05961392 core:OfficeEquipment 2025-03-31 05961392 core:OfficeEquipment 2023-04-01 2024-03-31 05961392 core:OfficeEquipment 2024-03-31 05961392 core:Vehicles 2024-04-01 2025-03-31 05961392 core:Vehicles 2025-03-31 05961392 core:Vehicles 2023-04-01 2024-03-31 05961392 core:Vehicles 2024-03-31 05961392 core:NetGoodwill 2024-04-01 2025-03-31 05961392 core:NetGoodwill 2025-03-31 05961392 core:NetGoodwill 2023-04-01 2024-03-31 05961392 core:NetGoodwill 2024-03-31 05961392 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 05961392 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 05961392 core:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 05961392 core:IntangibleAssetsOtherThanGoodwill 2024-03-31

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Company Registration Number:
05961392 (England and Wales)

## Unaudited statutory accounts for the year ended 31 March 2025

## Period of accounts

## Start date: 1 April 2024

## End date: 31 March 2025

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Nicholas John Deane-James

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 December 2025

And signed on behalf of the board by:
Name: Nicholas John Deane-James
Status: Director

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Balance sheet

As at 31 March 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 290,074 | 312,336
Total fixed assets: |  | 290,074 | 312,336
Current assets
Debtors: | 4 | 65,621 | 51,035
Cash at bank and in hand: |  | 14,477 | 420
Total current assets: |  | 80,098 | 51,455
Creditors: amounts falling due within one year: | 5 | ( 21,685 ) | ( 21,948 )
Net current assets (liabilities): |  | 58,413 | 29,507
Total assets less current liabilities: |  | 348,487 | 341,843
Creditors: amounts falling due after more than one year: | 6 | ( 288,480 ) | ( 312,520 )
Total net assets (liabilities): |  | 60,007 | 29,323
Capital and reserves
Called up share capital: |  | 1 | 1
Profit and loss account: |  | 60,006 | 29,322
Total Shareholders' funds: |  | 60,007 | 29,323

The notes form part of these financial statements

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 December 2025
and signed on behalf of the board by:

Name: Nicholas John Deane-James
Status: Director

The notes form part of these financial statements

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts receivable for rent and services net of VAT and trade discounts

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows: Land and buildings - 25 years straight line Plant and machinery etc. - 7 years straight line

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 April 2024 | 600,648 | 12,389 |  |  |  | 613,037
Additions |  | 2,074 |  |  |  | 2,074
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 March 2025 | 600,648 | 14,463 |  |  |  | 615,111
Depreciation |  |  |  |  |  |
At 1 April 2024 | 288,312 | 12,389 |  |  |  | 300,701
Charge for year | 24,025 | 311 |  |  |  | 24,336
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 March 2025 | 312,337 | 12,700 |  |  |  | 325,037
Net book value |  |  |  |  |  |
At 31 March 2025 | 288,311 | 1,763 |  |  |  | 290,074
At 31 March 2024 | 312,336 | 0 |  |  |  | 312,336

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 4. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 20,021 | 17,235
Other debtors | 45,600 | 33,800
Total | 65,621 | 51,035

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 5. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 0 | 350
Other creditors | 21,685 | 21,598
Total | 21,685 | 21,948

# MUSHROOM WORKS COMMUNITY INTEREST COMPANY

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 6. Creditors: amounts falling due after more than one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 288,480 | 312,520
Total | 288,480 | 312,520

# COMMUNITY INTEREST ANNUAL REPORT

### MUSHROOM WORKS COMMUNITY INTEREST COMPANY

### Company Number: 05961392 (England and Wales)

### Year Ending: 31 March 2025

Company activities and impact

Mushroom Works CIC continues to support and promote the creative industries in the North East of England by providing affordable workspace for artists, makers and creative practitioners, alongside opportunities for public engagement with the arts. During the year, the organisation has continued to operate and develop its core studio provision, offering affordable creative workspace across its sites and supporting a diverse community of creative practitioners. This has enabled artists, designers and makers to sustain their practice, develop professionally and contribute positively to the local creative economy. Building on this established work, Mushroom Works CIC has significantly expanded its community-facing activity through the development and operation of The HUT on the Green, a new community arts hub based in Gosforth. The HUT on the Green was created to provide accessible, welcoming and high-quality creative learning opportunities for people of all ages and backgrounds. During the year, over 1,500 people attended creative classes, workshops and courses at The HUT on the Green. These activities spanned a wide range of disciplines including woodworking, printmaking, textiles, drawing, painting, horticulture and other hands-on craft and creative skills. The programme was designed to reduce barriers to participation in the arts, support wellbeing, build confidence, and foster social connection through making. The combined activities of Mushroom Works CIC and The HUT on the Green have benefited the community in the following ways: - Continued provision of affordable studio space for creative practitioners, supporting sustainable creative livelihoods. - Increased public access to the arts through exhibitions, events and openstudio activity. - Creation of a dedicated community arts hub offering structured and informal learning opportunities. - Engagement of over 1,500 participants in creative education, many of whom were complete beginners. - Support for mental wellbeing, confidence-building and community connection through hands-on creative activity. - Strengthening links between professional makers, emerging creatives and the wider public.

Consultation with stakeholders

The company’s primary stakeholders are the resident artists and makers within its studio spaces, participants attending activities at The HUT on the Green, freelance tutors, and members of the local community. Stakeholder consultation has taken place through a combination of informal conversations, group meetings, one-to-one discussions, participant feedback, and ongoing dialogue with tutors and studio holders. Feedback from these consultations has informed the company’s activities in the following ways: - Continued commitment to affordable studio provision and shared facilities for resident creatives. - Development of exhibitions and events that better promote studio holders’ work to the public. - Shaping the programme at The HUT on the Green to prioritise small group sizes, accessible pricing, and beginner-friendly courses. - Expanding the range of creative disciplines offered in response to participant interest and demand. - Creating a welcoming, inclusive environment that encourages repeat attendance and long-term engagement.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 December 2025

And signed on behalf of the board by:
Name: Nick James
Status: Director