The Secret Space Limited

	Page
Trustees' Report	1—5
Independent Examiner's Report	6
Statement of Financial Activities (including Income and Expenditure Account)	7
Balance Sheet	8
Notes to the Financial Statements	9—13

The trustees present their report and the financial statements for the year ended 31 March 2026.

Objectives and Activities

Aims and Objectives

The Secret Space is a yoga and complementary therapies business and charity operating in Hertford, offering a range of services to the public, including (but not limited to) yoga classes, yoga therapy, trauma sensitive yoga, and sessions for people with physical limitations, massage and holistic therapies provided by highly trained teachers and accredited therapists. Other complementary therapies include perinatal classes, meditation, mindfulness, sound healing and chanting. The Secret Space also provides room rental opportunities to local counsellors and therapists, workshops including yoga, meditation, mindfulness and free space to local community groups.

As well as the services in our centre in Hertford, our passionate team offer yoga, mindfulness, therapies and meditation in social housing venues, mental health housing, youth supported accommodation, and addiction recovery services.

The Secret Space's Vision and Purpose

Our Vision

Our vision is of a flourishing, inclusive and healthy community in Hertfordshire.

We aspire to create a safe and welcoming space where all people can connect, feel supported and thrive in body, mind, and spirit — enabling individuals to live full lives and fostering a healthier, happier society

Our Purpose

Our purpose is to provide holistic support to those in our community facing life’s challenges – be they physical, mental, emotional or spiritual.

Through funded programmes, low-cost trauma-sensitive services, and collaboration with local charities, we make the life-changing benefits of yoga and holistic therapies accessible to all. This empowers our service users to take control over their health and recovery.

Above all, we are committed to treating all those who come through our doors with non-judgmental compassion, creating a space for healing and growth and fostering a thriving, more resilient community.

Our Strategic Objectives

• To provide high-quality, specialised yoga and holistic therapy services, positively contributing to the health and wellbeing of those in need within our community.

• To support people to become actively involved in their community building meaningful connections and overcoming social isolation.

• To cultivate a compassionate, strong and reputable organisation, working with a broad range of charities and partners

Significant Activities

During 2025-2026, The Secret Space continued its governance and strategic refresh. We took on two new trustees with different skills to complement our existing Board and updated our charitable objects within our Memorandum and Articles of Association. These are now more in line with the charity’s purpose and were accepted and signed off by the Charity Commission and Companies House.

The objects of the charity are now:

1. To promote health and wellbeing through the provision of yoga, holistic therapies, and mind-body practices that support individuals in managing chronic conditions, pain, and stress.

2. To advance education by offering workshops, training, and community programs in the practice and philosophy of yoga, and other holistic approaches to self-care and nervous system regulation.

3. To support those in need due to ill health, disability, financial hardship, or other disadvantage by providing accessible, low-cost, or free therapeutic support, including yoga-based interventions and complementary therapies.

4. To foster community and social inclusion by creating a welcoming space where individuals can connect, heal, and develop resilience through shared practices and supportive group experiences.

5. To cultivate the professional development of yoga teachers, therapists, and health practitioners in holistic and trauma-sensitive approaches, ensuring ethical, evidence-informed, and compassionate care.

...CONTINUED

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The Secret Space Limited

Trustees' Report (continued)

For The Year Ended 31 March 2026

Significant Activities - continued

During 2025–2026, we provided over 50 free or subsidised yoga, meditation and movement classes each month, enabling almost 2000 individual subsidised visits over the year for local residents in financial difficulty. We have also provided 30–40 hours of free or low-cost holistic therapy consistently each month, serving those who could not otherwise afford these vital services. Added to this we have also provided free room rental for charity treatment, extending the reach of our community impact.

During this time-frame we delivered:

• 8 NHS-approved Yoga4Health courses.

• Yoga and wellbeing sessions in mental health units, addiction recovery services, care homes, and for those recovering from long-term health conditions such as cancer.

• Yoga for Seniors funded by the National Lottery Community Fund

• Ongoing community workshops and courses, always with subsidised or free spaces available.

We successfully applied for a grant from the Peoples Postcode Places Trust. This grant was for £45,000 to cover three years. We also received £5000 from the Hertfordshire Community Foundation. We also managed to raise over £700 from an Autumn Crowdfunder in order to fund much needed central heating.

We continued to recover from the effects of the post-Covid fallout and the cost-of-living crisis however the number of paying clients to the studio has slowly continued to increase albeit very slowly. In order to address this we took on three part-time staff to cover marketing, outreach services and administration duties. This has helped us raise awareness of the charity and what we offer and reach out to a wider section of the community.

We have taken our role as part of the community very seriously. We recognise that the legacy of the Pandemic followed by the cost-of-living crisis continues to impact people's lives. We continue to look for every opportunity to support people that need our help and believe we are truly privileged to be able to do so.

Public Benefit

Our main activities and the people we try to help are described below. All our charitable activities focus on the provision of services as set out in our Vision and Purpose Statement and are undertaken to further our charitable purposes for the public benefit.

During 2025/26 we were able to support eight volunteers, and offer them some sense of purpose and community. Of those eight, four were in need of community due to feelings of isolation, one volunteer is in recovery, one lives with mental health challenges and one is a full-time carer.

We deliver coping strategies for the ongoing anxiety experienced by many of our volunteers. We offer online and in-house yoga classes free of charge, free or discounted holistic therapy sessions, and free spaces on online personal development courses where available. We also arranged for one volunteer to receive a free place on a Reiki practitioner training course.

Volunteers have a range of opportunities with front of house services, for example staffing the front desk to receive students for yoga and therapy classes. Volunteers often work in the office and carry out a variety of other duties as and when needed. One of our volunteers came in regularly to ensure the courtyard remained clean and tidy and do health and safety checks for all of us.

We gave away 483 free and 1515 discounted places in classes and workshops to those in financial difficulty. This helped to support the health and fitness of those unable to afford regular classes, and also to support those struggling with loneliness and isolation to continue to be involved in group activities for a small donation or often for free

Volunteers are variously people who are:

• in recovery from drug and alcohol problems.

• in recovery from, or living with, mental health problems.

• living with physical disabilities or long-term illness.

• domestic violence survivors.

• retired.

• long term unemployed.

• experiencing isolation

• carers.

The Secret Space is beneficial to the public in a variety of ways including:

• giving access to health sustaining activities to those on low income

• providing a space for the public to relax away from their everyday lives.

• learning important skills in terms of looking after themselves physically and mentally.

...CONTINUED

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The Secret Space Limited

Trustees' Report (continued)

For The Year Ended 31 March 2026

Public Benefit - continued

• volunteers who maintain their recovery will draw less from public monies in terms of rehabilitation or criminal justice processes.

• increasing local employment.

• bringing the local community together in a positive setting.

• providing the public with an increased awareness of issues connected to those who are socially excluded in a non-judgmental way.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Financial Review

Financial Position

The charity continued to deliver services throughout the year, slowly increasing class attendance It reported a total income of £150,984, including restricted funding, compared to £129,233 the previous year. Included in that figure it received grants to the value of £23,361 compared to £500. Due to close cost control The Secret Space was able to continue to deliver its charitable purpose

Reserves Policy

The trustees have agreed a policy whereby unrestricted funds should be maintained at a level sufficient to cover the charity's expenses for a minimum of three months. This policy allows for a reduction in income during any part of the year whilst allowing the charity to continue performing its activities at the current level

The balance carried forward in reserves as at 31st March 2026 was £32,053, (£28,290 31st March 2025).

Structure, Governance and Management

Governing Document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Secret Space was a wholly owned subsidiary of Change, Grow, Live, which is also a registered charity, until 31 March 2021.

Trustee Selection Methods

The Secret Space is committed to equal opportunities and operates an open recruitment process to attract individuals with the necessary skill set and commitment to help us succeed. Applicants will be sought through advertisement and are invited to a formal interview with the trustees as well as the centre co-ordinator. References are taken up before an appointment is made. Trustees may serve up to two, three-year terms of office. All trustees would receive a full induction and participate in any on-going training events.

Reference and Administrative Details

Trustees

Mr Phillip Massetti (resigned 09/05/2025)

Mr Mark Barry (appointed 17/04/2025)

Ms Carla Dixon (appointed 17/05/2025)

Ms Rachel Houghton (resigned 16/07/2026)

Ms Rosemary Mathews

Ms Felicity Reed (appointed 22/04/2025) (resigned 31/05/2026)

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The Secret Space Limited

Trustees' Report (continued)

For The Year Ended 31 March 2026

Charity Number

1167219

Company Number

09161978

Principal Address

105 Fore Street

Hertford

Hertfordshire

SG14 1AS

Registered Office

105 Fore Street

Hertford

Hertfordshire

SG14 1AS

Independent Examiner

David Carman FFA

Welwyn Consultancy Limited

FFA

10 Prospect Place
Welwyn
Hertfordshire
AL6 9EW

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The Secret Space Limited

Trustees' Report (continued)

For The Year Ended 31 March 2026

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:

Ms Carla Dixon

Trustee

25/10/2026

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The Secret Space Limited

Independent Examiner's Report to the Trustees of The Secret Space Limited

For The Year Ended 31 March 2026

Independent Examiner's Report to the Trustees of The Secret Space Limited

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

David Carman FFA

25/10/2026

10 Prospect Place
Welwyn
Hertfordshire
AL6 9EW

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The Secret Space Limited

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Statement of Financial Activities (including Income and Expenditure Account)

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Unrestricted funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	5,482	19,611	25,093	2,655
Charitable activities:
Yoga and complimentary therapies		125,891	-	125,891	126,578
Investments	4	379	-	379	-

		131,752	19,611	151,363	129,233

EXPENDITURE ON:
Charitable activities:	6
Yoga and complimentary therapies		(127,989 )	(12,515 )	(140,504 )	(133,657 )

NET INCOME/(EXPENDITURE)		3,763	7,096	10,859	(4,424 )

Other gains		-	-	-	8,300

NET MOVEMENT IN FUNDS		3,763	7,096	10,859	3,876
RECONCILIATION OF FUNDS:
Total funds brought forward		28,290	-	28,290	24,414

TOTAL FUNDS CARRIED FORWARD	15	32,053	7,096	39,149	28,290

The notes on pages 9 to 13 form part of these financial statements.

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The Secret Space Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	11	1,406	-	1,406	795

		1,406	-	1,406	795
CURRENT ASSETS
Debtors	12	9,608	-	9,608	7,248
Cash at bank and in hand		60,308	7,096	67,404	61,610

		69,916	7,096	77,012	68,858
Creditors: Amounts Falling Due Within One Year	13	(29,269 )	-	(29,269 )	(29,694 )

NET CURRENT ASSETS (LIABILITIES)		40,647	7,096	47,743	39,164

TOTAL ASSETS LESS CURRENT LIABILITIES		42,053	7,096	49,149	39,959

PROVISIONS FOR LIABILITIES
Provisions For Charges	14	(10,000 )	-	(10,000 )	(11,669 )

NET ASSETS		32,053	7,096	39,149	28,290

FUNDS OF THE CHARITY
Restricted Funds				7,096	-
Unrestricted Funds				32,053	28,290

TOTAL FUNDS	15			39,149	28,290

For the year ending 31 March 2026 the charitable company was entitled to exemption from audit 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 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

Ms Carla Dixon

Trustee

25/10/2026

The notes on pages 9 to 13 form part of these financial statements.

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The Secret Space Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

The Secret Space Limited is a company limited by guarantee, incorporated in England & Wales, registered number 09161978 and registered charity number 1167219 . The registered office is 105 Fore Street, Hertford, SG14 1AS

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Resources Expended

Expenditure is recognised on an accrual basis as a liability is incurred.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independant Examinerst fees and costs linked to the strategic management of the charity.

2.3. 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	25% of net book value
Computer Equipment	25% of net book value

2.4. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

			2026
	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
Donations and gifts	1,732	-	1,732
Grants	3,750	19,611	23,361

	5,482	19,611	25,093

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The Secret Space Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

			2025
	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
Donations and gifts	2,155	-	2,155
Grants	500	-	500

	2,655	-	2,655

4. Investment Income

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Bank interest receivable	379	-

5. Net Income/(Expenditure)

The net income/(expenditure) is stated after charging/(crediting):

	2026	2025
	£	£
Depreciation of tangible fixed assets - owned	241	71

6. Analysis of Expenditure

	2026
	Support costs (see note 7 )
	£
Yoga and complimentary therapies	140,504

	2025
	Support costs (see note 7 )
	£
Yoga and complimentary therapies	133,657

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The Secret Space Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Support Costs

	2026	2025
	Yoga and complimentary therapies	Yoga and complimentary therapies
	£	£
Employee costs	99,994	99,479
Premises expenses	14,477	17,296
General administration	25,792	16,811
Depreciation	241	71

	140,504	133,657

8. Independent Examiner's Remuneration

	2026	2025
	£	£
Independent examination of the financial statements	900	800

9. Staff Costs

Staff costs were as follows:

	2026	2025
	£	£
Wages and salaries	34,406	26,172
Other pension costs	751	688

	35,157	26,860

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

10. Average Number of Employees

Average number of employees during the year was: 2 (2025: 2)

11. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	2,357	612	2,969
Additions	345	507	852

As at 31 March 2026	2,702	1,119	3,821

Depreciation
As at 1 April 2025	1,562	612	2,174
Provided during the period	168	73	241

As at 31 March 2026	1,730	685	2,415

Net Book Value
As at 31 March 2026	972	434	1,406

As at 1 April 2025	795	-	795

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The Secret Space Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

12. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,508	2,498
Other debtors	7,100	4,750

	9,608	7,248

13. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	5,458	9,363
Taxation and social security	444	342
Accruals and deferred income	23,367	19,989

	29,269	29,694

14. Provisions and Funding Commitments

	Other Provisions	Totals
	£	£
Balance at 1 April 2025	11,669	11,669
Reversals	(1,669 )	(1,669)

Balance at 31 March 2026	10,000	10,000

Included in provisions is an amount of £10,000 (2025 £10,000) in respect of dilapidations on the leasehold property occuped by the Charity. The Trustees continue to believe that this represents a reasonable likelyhood of the cost of future dilapidations.

15. Movement in Funds

	As at 1 April 2025	Income	Expenditure	As at 31 March 2026
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	28,290	131,752	(127,989 )	32,053
Restricted funds
Restricted fund	-	19,611	(12,515 )	7,096


Total funds	28,290	151,363	(140,504 )	39,149

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The Secret Space Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	As at 1 April 2024	Income	Expenditure	Gains and losses	As at 31 March 2025
	£	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	24,414	129,233	(133,657 )	8,300	28,290


Total funds	24,414	129,233	(133,657 )	8,300	28,290

16. Transactions with Trustees

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

	2026	2025
	£	£

17. Related Party Disclosures

18. 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.

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