REGISTERED CHARITY NUMBER: SC028472
ortoftheT te
drt d F'na
st
nt for the Ye
arc
or
Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamitton
ML3 6BJ

Nemo Arts
Co
fo
te
the Year
al
31 March 202
nd
Page
Report of the Trustees
1 to 4
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8 to 13
Detailed Statement of Financial Activlties
14

Nemo Arts
Re
ort of the Trustees
for th Year End d 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended
31 March 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charitable objective of Nemo Arts is to promote good mental health and wellbeing through the
performing arts.
We believe that participation in the arts, and the performing arts in particular, enrich the mental
wellbeing of everyone who takes part, whatever the current state of their mental health. The
performing arts - music, dance, drama, puppetry, film & video etc. can provide new communication
methods, improved self-esteem, team building. peer group support, creative development and
many other benefits. The performing arts have the potential to improve quality of life both
individually and collectively.
Page 1

Nem￿ArtS
BRp
the TrLr
de
ees
31
arch 20
ACHIEVEMENT AND PERFORMANCE
Charitable activlties
Overview
Over the past year, N8mo Arts has delivered another vlbrant, inclusive programrne of arts-based
activty for adults facing mental health Ghallenges. Across three 15-week temis. we supported over
600 attendances across core sessions in Drama. Visual Art, Creative Writing, Taiko Drurnming.
Guitar. Choir, and Crochet. creating a structured, welcomlng environment for people to build skj'lls,
confidence, and social connection.
Participant demographics show we are reaching those most In n8ed Of meaningful connection and
purpose-800A of participant$ wara aged between 25 and 84, a Gohort often most affected by
mental health challenges and social isolation.
Prooramme Delivery Highlights
Drama
Participants devised and perfomied three original theatre pieces across the year, developing
confidence and creative voice..
The
etective Agency (Healing Arts Scotland)
(Royal Concert Hall)
- The Hauntett Restaurant Iwebsters Theatre)
Vlsual Art
Participants developed painting and design skills while building confidence and emoiionai
wellbeing..
'This art class shows me that my mental illness does not define what I'm capable of."
'There is a sense of kinship. non-judgement, and underslanding-the optimum plac8 for me to
flourish."
Crèatlve Wrftlng
51 participants explored self-expression. shared stories, and built community thrcugh writing..
"Connecting with others through the arts has made m8 feel part of a communty."
Taiko Drummlng
Attendance grew from 1110 24. The group perfonned at Tramway. Royal Concert Hall, and The
Gathering.
"I Cloni have to explain how I feel-banging the drum lets il Olrt."
Choir
th 55 p8rticipants, the choir delivered high-profile performances at Tha Gathering and the
Scottlsh Parliament.
"Belng here gtves me a purpose forthe day and the week."
Partnershlps and Outreach
This year we expande¢ delivery through c￿atIve partnerships..
Cassiltoun and Southside Housing Associations
Support for Ordinary Living (animation project}
Stobhlll Plospitai, HMP Bartinnie, and forensic services (visual art)
We also Gontributed to naiionai discussions via wcrkshops and performances at:
- SCVO'S The Gathering
- Voluntary Health Scotland Link Worker Conference
The Scottish Padiarnent
Page 2

Nemo Arts
Re
ort of the Trustees
for the Year Ended 31 March 20
Impact and Reflections
Participants consistently describe Nemo Arts as a lifeline".
This has made a big difference in my life... I look fornard to coming here and making fantastic
paintings.
It's the highlight of my week."
We're proud of what we've achieved together this year and grateful to our participants, tutors. and
partners for making it all possible.
FINANCIAL REVIEW
Financial review
The Statement of Financial Activities shows net income for the year of £97 compared to net
expenditure of £8,112 in 2024. Retained funds at 31 March 2025 were £46,005 compared to
£45,908 in 2024. Of these funds £13,792 (2024 £15,930) are restricted funds, leaving £32,213
(2024 £29,978) available to meet all day to day running costs and continuing statutory
commitments forthe coming year.
Reserves pollcy
It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charty.
at a level to provide sufficient funds to cover management, administration and support costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govemlng document
The charity is incorporated as a SCIO and is govemed by its constitution which established the
objects and powers of the charity.
Recruitment and appolntment of newtrustees
New trustees are appointed at the discretion of the Board. There is no fixed term for trusteeship.
Trustees share the same interests and values as Nemo Arts and try their best to promote it in a
positive way.
Organisatlonal structure
The Board of Trustees meels monthly. A Chief Executive is appointed by the trustees to administer
the day to day operations of the charty. The Chief Executive has delegated authority, as approved
by the trustees, for operational matters including finance, employment and project related activity.
Induction and training of new trustees
Many of our trustees live in the local area and are familiar with the work of our organisation. As
part of our selection process prospective trustees are invited to the office base where they are
made aware of their legal obligations under charity and company law and given more detail about
the variety of projects we undertake. They are then invited to attend a Board meeting before
making a final decision.
Risk management
The trustees have a risk management strategy which comprises..
(a) an annual review of the risks the charity may face.
(b) the establishment of systems and procedures to mitigate those risks identified., and
(c) the implementation of procedures designed to minimise any potential impact on the charity
should those risks
materialise.
Page 3

NemoArts
of the T ste
ear Ended 31
arc
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC028472
Princlpal addross
235
The Briggait
1418ridgegate
Glasgow
G15HZ
Trustees
Independent Examlner
Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ
Approved b order of the boa
s on 16 July 2025 and signed on its behalf by..
Page 4

en
InAetsentknioo.fiRop.otLto1h￿r￿oL
Nemo Ajt
fndependent examinees report to the trustees of Nemo Arts
I report to the charty trustee5 On rny examlnation Of the attcunts of Nemo Arts (the Trust) for the
year ended 31 March 2025.
Responslbilitles and ba518 of report
As the Gharty trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the requirements of the Charltle5 Act 2011 {Ihe Act,).
I report in respect of rny examination of the Trust's accounts carried oul under Section 145 of the
Act and in carrying out my examinaiion I have followed all applicable Directions given ty the
Charity Commission under Section 145(5)(b) of the Act.
Independent examlnerfs 8tatsm?nt
I have completad my examination. I confinn that no matemal matters have come to my attentlon In
connection with the exemination giving me cause lo believe that In any materlal respect..
8CCDunting records ware not kept in re8peGt of the Trust as requlred by Sectien 130 of the
Act; or
the accounts do not accord with those records,. or
the accounts do nol comply with the applicable requirements conceming the form and
content of accounts set out in the Charities (Accounts and Reports) Reguiatlons 2008 other
than any ￿qUIreMent that the ac¢ounl8 give a true and fair view whlch Is noi a matter
consid8red as part of an Ind8pendent ex8minthion.
I have no concems and have corne across no other matter8 In connection with the exarnlnatlon io
which attenlion should be drawn in this report in order to enable a proper understandlng of Ihe
accounts to be reachad.
Accountants Plus
Chartered Certrfied Acccuntants
Unrt 1 Cadzow Park
82 Muir Strget
Hamilton
ML3 68J
IQ Stp+&rnver 2025
Page 5

Nemo Arts
Slatement f Financial Activities
for the Year Ended 31 March 2025
31.3.25
Total
funds
Unrestricted Restricted
funds
funds
31.3.24
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Notes
2,722
2,723
2,768
32,244
86,140
118,384
116,503
Total
34,966
86,141
121,107
119,271
EXPENDITURE ON
Charitable activities
Staff costs
Project delivery costs
Support costs
Governance costs
14,153
5,842
10,936
1,800
22,800
48,959
16,520
36,953
54,801
27,456
1,800
29,739
56,140
23,480
1,800
Total
32,731
88,279
121,010
111,159
NET INCOMEI(EXPENDITURE)
Transfers between funds
2,235
215
(2,138)
(215)
97
8,112
Net movement in funds
2,450
{2,353)
97
8,112
RECONCILIATION OF FUNDS
Total funds brought forward
29,978
15,930
45,908
37,796
TOTAL FUNDS CARRIED FORWARD
32,428
13,577
46,005
45,908
The notes form part of these financial statements
Page 6

Nemo_AJts
Balance S
31
Unresiricte(l Restriuea
funds
funds
31.3.25
Total
fvnds
31.3.24
Tot81
funds
CURRENT ASSETS
Debtors
Cash at bank
Notes
9.337
53,391
9,337
66.968
13,577
7,178
48,970
62.728
13,577
78,305
56,148
CREDITORS
Amounts falling due within one year
(30,300)
(30,300) (10.240)
NETCURRENT ASSETS
32,428
13.577
46,005
45,908
TOTAL ASSETS LESS CURRENT
LIABILITIES
32,428
13.577
46,005
45.908
NET ASSETS
32,428
13,577
46,005
45.908
FUNDS
Unrestricted funds
Restricted funds
32,428
13,577
29,S78
15.930
TOTAL FUNDS
46,005
45,908
The financial statements were approv8d by the Board of TNstees and authorlsed lor issue on
16J
half by..
The notes fom part of these financial statements
Page 7

Nemo Arts
Notes to the F"nancial Statements
fort
ar End d 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefjt entity under FRS 102, 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
Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expendrture, it is probable that a transfer of economic benefils
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cost related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use
of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Taxation
The charity is exempt from tax on its charitable activrties.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Page 8
continued...

Nemo Arts
Notes to the Financial Statements- continued
for
he
ear Ended 31 March 2025
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefrts for the year ended 31 March 2025
nor for the year ended 31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable actlvities
Charitable activities
2.768
2,768
38,895
77,608
116,503
Total
41,663
77,608
119,271
EXPENDITURE ON
Charitable actlvities
Staff costs
Project delivery costs
Support costs
Governance costs
16,061
6,860
20,846
1,800
13,678
49,280
2,634
29,739
56,140
23,480
1,800
Total
45,567
65,592
111,159
NET INCOMEI(EXPENDITURE)
(3,904)
12,016
8,112
RECONCILIATION OF FUNDS
Total funds brought forward
33,882
3,914
37,796
TOTAL FUNDS CARRIED
FORWARD
29,978
15,930
45,908
Page 9
continued...

.Nemo Arts
Notes to the Financial Statements- continued
or the Ye
r Ended 31 March 2025
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
COST
At 1 April 2024 and 31 March 2025
DEPRECIATION
At 1 April 2024 and 31 March 2025
NET BOOK VALUE
At 31 March 2025
46,268
46,268
At 31 March 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
(Xher debtors
Prepayments and accrued income
7,262
498
1,577
300
5,308
1,570
9,337
7,178
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Deferred income
Accrued expenses
28,500
1,800
8,500
1,740
30,300
10,240
Page 10
continued...

Nemo Arts
Notes to the Financial Stalements- continued
for the Year
nded 31 March 2025
MOVEMENT IN FUNDS
Net
movement
in fvnds
Transfers
between
fvnds
At 1.4.24
31.3.25
Unrestricted funds
General fund
29,978
2,235
215
32,428
Restricted funds
Agness Hunter
Area Budget
NHS Endowment Fund
National Lottery Community Fund
Trusthouse
Winter Wellbeing
D'oyly Carte
Foundation Scotland
People's Postcode Lottery
4,141
124
20
11,254
80
311
(4,141)
(124)
2,790
(1,880)
2,810
9,374
(80)
{113)
195
1,000
11
198
195
1,000
(11)
15,930
(2,138)
(215)
13,577
TOTAL FUNDS
45,908
97
46,005
Net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrestrlcted funds
General fund
34,966
(32,731)
2,235
Restricted funds
Agness Hunter
NHS Endowment Fund
National Lottery Community Fund
Winter Wellbeing
D'oyly Carte
Foundation Scotland
Glasgow Wellbeing fund
People's Postcode Lottery
(4,141)
{5,400)
(49,441)
(113)
(2,805)
(2,880)
(8,510)
(14,989)
(4,141)
2,790
(1,880)
(113)
195
1,000
8,190
47,561
3,000
3,880
8,510
15,000
86,141
(88,279)
(2,138)
TOTAL FUNDS
121,107
(121,010)
97
Page11
continued...

Ne
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
MOVEMENT IN FUNDS- Continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Fixed assets
32,356
1,526
(2,378)
(1,526)
29,978
Restricted funds
Agness Hunter
Area Budget
NHS Endowment Fund
National Lottery Community Fund
Trusthouse
Winter Wellbeing
33,882
(3,904)
29,978
2,642
809
1,499
(685)
20
11,254
80
(152)
4,141
124
20
11,254
80
311
463
3,914
12,016
15,930
TOTAL FUNDS
37,796
8,112
45,908
Comparative net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended In funds
Unrestricted funds
General fund
Fixed assets
41,663
(44,041)
(1,526)
(2,378)
(1,526)
Restrfcted funds
Agness Hunter
Area Budget
Inchyre Trust
NHS Endowment Fund
National Lottery Community Fund
Trusthouse
Winter Wellbeing
41.663
(45,567)
(3,904)
6,750
1,910
2,000
8,010
49,938
5,000
4,000
(5.251)
(2,595)
(2,000)
(7,990)
(38,684)
(4,920)
(4,152)
1,499
(685)
20
11,254
80
(152)
77,608
(65,592)
12,016
TOTAL FUNDS
119,271
(111,159)
8,112
Page 12
continued...

Nemo Arts
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
RELATED PARTY DISCLOSURES
There were no related paty transactions forthe year ended 31 March 2025.
Page 13

Nemo ALS
Detailed St tement of Financial Activities
for the Year Ended
1 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
2,723
2,768
Charitable activlties
Grants
Service fees
93,780
24,604
102,908
13,595
118,384
116,503
Total incoming resources
121,107
119,271
EXPENDITURE
Charftable activities
Wages
Rent
Insurance
Light and heat
Telephone & intemet
Printing, postage & stationery
Marketing & publicity
Sundries
Workshops & perft)rmance fees
Materials & production costs
Equipment
Venue hire
Travelling expenses
Repairs & maintenance
Memberships
Payroll fees
Fixtures and ffttings
36,953
13,056
2,256
5,825
676
2,335
1,480
1,460
45,414
2,768
244
3,309
1,586
1,031
160
657
29,739
11,993
2,436
1,647
430
1,639
1,138
2,481
45,559
4,255
86
3,055
2,047
666
90
572
1,526
119,210
109,359
Support costs
Govemance costs
Accountancy fees
1,800
1,800
Total resources expended
121,010
111,159
Net Income
97
8,112
This page does not form part of the statutory financial statements
Page 14