for the Period Ended 31 August 2025
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2025 | 2024 | |
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: | 4 |
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| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 7 |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 August 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2024 |
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| Disposals | ||||||
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| At 31 August 2025 |
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| Depreciation | ||||||
| At 1 September 2024 |
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| Charge for year |
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| On disposals | ||||||
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| At 31 August 2025 |
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| Net book value | ||||||
| At 31 August 2025 |
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| At 31 August 2024 |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Stocks |
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| Total |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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| Total |
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for the Period Ended 31 August 2025
| 2024 | ||
|---|---|---|
| £ | ||
| Bank loans and overdrafts |
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| Total |
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Blackhorse Workshop is a community space for making and creativity with a fully equipped wood and metal workshop and studio spaces in Walthamstow. Education Delivered courses teaching woodwork and metalwork to 1186 adults. This included health and safety induction training session to 365 adults who are now qualified to use our open access wood and metal workshops. Delivered machine, power tool or hand tool induction training sessions to teach use of workshop machinery to 420 adults. 216 young people took part in our Family Make Stuff Club weekend sessions and after school club. This year this included a free 2 day holiday club with 8 young people building a play station for a new community garden in the area. Three groups from two Special Educational Needs Schools, attended weekly sessions to learn practical design technology and creative skills. We also worked with a self-organised groups of Muslim home schooling families, on a weekly basis for 2 terms, teaching 10 families. A second groups joined for 2 trial sessions, reaching another 10 families. We hosted 10 Creative Careers Experiential tours from 8 different school and colleges.4 young people attended for work experience, 2 of whom attended on a weekly basis for either two school terms or the full school year. Our youth programmes reached a further 102 people through partnership events with V&A East, InCommon and East London Scouts. Blackhorse Responders, our award-winning creative activism programme worked with 15 young people who live, work or study in Waltham Forest over a 5 month programme. for 16-25 year old makers.Responders learnt practical, creative and communication and teamworking skills, they met artists and creatives working in diverse artforms and from diverse backgrounds. Using their new skills the young people each created a new piece of socially engaged scultpure which they exhibition at a community space in Chingford, with over 100 people visiting during the open day. Blackhorse Responders programme is designed to provide a third, safe space for young people who do not yet see themselves as create nor an active part of their community, 100% of the 2025 cohort saw themselves as included and active in their local community, and were able to recognise the development in their own making and creative skills. 100% of participants reported feeling more confident in speaking publicly and with people who they perceived as different from themselves by the end of the programme. In their final evaluation Responders reported a 58% increase in agreement with the statement ‘I feel like I am challenging myself in a positive way’, a 81.5% increase in the statement ‘I feel like my voice is heard and my opinions are listened to’, and a 55% increase in ‘I volunteer to speak in front of people’. Activators, our alumni programme to Responders benefited 40 young people this year who have attended workshops, facilitating workshops within our programmes and community events, and progressed to paid work experience opportunities within Blackhorse Workshop. This year Blackhorse Activator: exhibited and sold graphic posters co-created with Europa and What If Projects; and worked with V&A East and local design studios to co-create permanent activities new museum. Business Support We provided shared tools, equipment and affordable workspace to 62 creative businesses, who rent affordable studio space at our workshop. Members work was showcased on our website, social media and at an Open Studios event for London Design Festival. We also pass on commission requests from our networks to our members.Our studio membership offer is focused on emerging makers, with 86% of members businesses being less than 5yrs old and 58% of our members being new businesses established 2yrs or less. Members make approx 700 daily bench bookings in our workshop each month, 16% of these are Open Access users who don’t have a studio space here and pay by the day for affordable workshop access. This includes Concessions Club, individuals in receipt of benefits who can access courses for free and book bench space with an 85% discount. We have provided open access bench bookings for all members of the public who have completed a H&S induction, in both our wood and metal workshops. Community Events Our Community Kitchen ran monthly throughout the year, offering a Pay-What -You-Can hot evening meal. 3 Free Family Discos over the year hosted approx. 40 people per event. In December, it was our annual Christmas market hosted approx.150 visitors and 18 creatives selling their work. Other activities 3 emerging creatives benefited from 3 months of free studio space, workshop access and technical support by taking part in our Creative Residency Programme. Our offer for local families included: Maker Noons a free intergenerational making sessions was delivered every Friday afternoon to a regular cohort of residents at-risk of isolation, run by a committed volunteer.
The company's stakeholders are it’s studio residents, open access members, course participants, youth programmes, partners, staff and board of directors. Course evaluation is undertaken at the end of every course delivered, and the feedback has been incorporated and their structure modified. New courses are continuously developed to meet the interests and needs of attendees. Studio members are represented both on the staff and board teams. Quarterly membership meetings plus additional socials, are used to consult with members. Members are invited to take part in public events, as demonstrators, selling or exhibiting their work. And opportunities for commissions, small jobs or business development are shared at least weekly via a membership email list. Any further feedback is invited via a dedicated email address, advertised around the site.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 May 2026
And signed on behalf of the board by:
Name: Ruch Pathirana
Status: Director