for the Period Ended 30 September 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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( |
| Profit(or loss) before tax: |
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( |
| Tax: |
(
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| Profit(or loss) for the financial year: |
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( |
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 | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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( |
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| Total net assets (liabilities): |
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( |
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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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( |
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| Total Shareholders' funds: |
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( |
The notes form part of these financial statements
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 30 September 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 September 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 October 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 September 2025 |
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| Depreciation | ||||||
| At 1 October 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 September 2025 |
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| Net book value | ||||||
| At 30 September 2025 |
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| At 30 September 2024 |
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for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Total |
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for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade creditors |
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| Other creditors |
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Material Store 2025: We ran a programme of learning and reflection from the previous pilot projects to feed into a new strategy. This strategy set out our aspirations for a new space and the basis for a membership programme that would help us build community around material circularity and distribution. The membership model is founded on principles of social and climate justice, ensuring the material, knowledge and skills are accessible to communities historically marginalised in the current economic and social systems. Tipping Point East: In 2025 we joined together with design and make practice Yes Make and bio-based architectural practice Material Cultures to develop a scope for a new site in Newham. The ambition for the site is a circular construction hub and climate futures centre that would host the three organisations and demonstrate good practice in circular design, construction and bio-based practices, brining this to local communities. A significant amount of resources went into developing the proposal, negotiating with the GLA (the landowner), paying for surveys, legal fees and other enabling costs, and preparing to occupy and develop the site. Nurturing Ecologies – Plus One: In 2025 we delivered the latest evolution of our Nurturing Ecologies programme with a residency at Bloc Projects, a Sheffield based gallery and artist studio. The ambition with this project was to reconnect with the principles from the first residency and invite more creative practitioners into the way of working together, with a particular emphasis on emerging practitioners in Manchester, Leeds and Sheffield. Through this project we supported three artists from those respective cities, providing them with a collaborative studio space and budget to develop work and their practice more general through our support system. Waymarking: Another project that emerged from the 2023 Nurturing ecologies residency and built on a collaboration with Peaks of Colour and Dig Where You Stand. Here we continue a series of workshops and commissions that evolved the legacy of Sheffield-based Historia Mark Hutchinson and his work to bring the black experience to the forefront of Sheffield’s popular history. Starting From The Endz – Rearc Winter School: We delivered a workshop series in collaboration with rearc foundation that allowed us to bring together research, practice and intention from the pedagogical strands of our practice known as Starting From The Endz. This work values and centres local knowledge as the foundation for liberatory spatial practice, with a particular focus on working with young people. Through this project we created a syllabus that captures the core of the area of work which can now be expanded and evolved. JRF Emerging Futures Proposal: In September 2024 the proposal was submitted and approved by the trustees, resulting in core funding for us and the remaining ‘Pathfinder’ organisation we were working in collaboration with. The next year involved additional planning, learning and reflection of the process in order to set the foundations for the long-term funding aspirations built into the proposal. This work will bring additional funding into our organisation, the organisations within our ecosystem and the communities we support. Workshops: We continued delivering workshops with young people, particularly those form marginalised backgrounds, to support access to design, art and creative practice. These took place in Ebbsfleet, Croydon, Kensington with Design Museum and in other programmes across the UK. Fundraising: Our fundraising efforts continued throughout the year, this included managing the core programme we successfully accessed in the previous financial year with PHF and securing and managing funding from Joseph Rountree through the pathfinders programme, in which we secured 453,000 across 4 years. Team development: With successful core funding we expanded the team with three new roles. Each role has allowed our organisation to increase capacity and relieve pressure on team members, allow us to evolve our offer to our communities. These roles are: Studio Business Manager – A role to develop and hold key organisation administrative process including, finance and accounting, resourcing and time management, learning and development etc. Designer: Material Store – A designer role to work specifically on Material Store projects including, space design, material capture and recording, stakeholder management, material collection. Project Assistant: Nurturing Ecologies – A role to drive and coordinate the work with Nurturing Ecologies including delivering Plus One and supporting the development of the wider ambition.
Material Store: We took feedback from users, communities and partners who interacted with the 2024 pilot in order to feed into our new strategy and proposal for a new site. This included, cultural institutions, community organisations and black, POC and marginalised group-led creative practitioners in London/UK. Tracking data on support provided through Material Store Camberwell 2024 to feed into future funding/space proposals. Starting from the Endz: We received feedback from practitioners who participated in the Winter School programme to help evolve the syllabus and approach to learning that can be brought into the future proposal. Nurturing Ecologies / Plus One: We held reflection and feedback session with the artist we supported to understand what worked and what can be developed in the future as we evolve our support system for Black, POC and marginalised group-led artists. Delivered a range of workshops, research sessions and community programmes designed to engage stakeholders from underrepresented communities, increase access to design education and encourage meaningful participation in the design process.
The total amount paid or receivable by directors in respect of qualifying services was £55,125.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 July 2026
And signed on behalf of the board by:
Name: Seth Scafe Smith
Status: Director