Period start date Pericd end date Monlh Year March 2025 2024 31 Office of the Scottish Charty Regulator Reference and administration details Charity name othei names charity is known by Registered charty number Charity's principal address The Sound Lab SC034953 Names of the charity trustees on date of appioval of Trustees. Annual Report Name of person {or body) entitled to oint trustee (if any) Trustee name Office {If any) not for whole year Reference and administration details Names of all other charlty trustees durlng the perlod, If any, (for example, those who reslgned part way through the financial period) l Name Dates acted11 not whole y 01 Apr 2024 - 27 Jan 2025 Structure, governance and management Type of governing document The Charity was set up b on8th November 2003. The Charity has since been awarded SCIO status. Trustee recruitment and appointmen stepped down from her role as Secretary in January 2025. Sh6 ¥was replaced by Objectives and activities Charitable purposes The organisation's purwses are: 3.1 The advan￿rnent of education 3.2 The advancement of the arts, heritag8, culture or science 3.3 The provision of recreational facilrties, or the organisation of recreationej activtties, with the object of improving the conditions of life for the persons thom the faaltties or activities are primarily intended 3.4 The relief of those in need by reason of age, ill health, disabilty, financial hardship C￿ other disadvantage. Summary of the main activities in relation to these objects Free. fvn tuition programmes in music (drum, guitar, media, DJ skills, song-writing, sound producticfi, singing), creative arts and multimedia (filmvmaking) to develop skills in their chosen discipline and also build on softer skills and confidence. The charity has a particular focus on communities of people who fa￿ barriers in accessir¥J creativity" predominantly w￿kIng wtth young people, but also refugees & asylum seekers" children and adu￿5 wtth disabilities; care experienced young people; and adults affected by mental health Ccjnditions. Achievements and performance Summary of the main achievements of The SourKI Lab delivered over 201JO hours of tuition this year, as well as the charity during the financial period celebrating our birthday wth a fu114ay event which showcased who we are and our achievements since our beginning, as well as allowing pwticipants and tutors a chance to perform. We hosted another live showcase event aimed at giving participants platform to perform in a putAic setting. hosted at a venue in Glasgow. We also had developffÈnts in our infrastructure. with the build and deployment of our CRM system which will be a massNe help with programme coordination and reporting going forward. Financial review Brief statement of the charity's policy The Trustees preference is to maintain a small level of reserves and fund on resetves any new activtty thr￿gh new grant funding, thilst exploring some selr- generating ￿coMe opp)rtuniiies. Details of any deficit NIA Donated facilities and services (if any) We are very grateful to the Specialist Volunteers Ne￿Ork who have given us expertise in certain areas throughout the year. Other optlonal Informatlon WA Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature{s} REFER TO APPENDIX 1 REFER TO APPENDIX 1 Position (e.g. Chair) Chair Secretwy Date REFER TO APPENDIX 1 REFER TO APPENDIX 1 TheSoundLab Aeceipts & PaymentsAccount Statement 1Apri12Wto31 March2025 Receipts Grants 1 Otherlncome 170.333 .740 £ 184238 29.027 Total 207.on £ 213,264 Payments Tuition Costs Staff Costs Management & Overhead Costs Equipment Rent 65.953 108.542 12.5(X) 33.783 43.157 12. 9.318 911 Total 197.978 £ 92.C69 Surplus (Deficit) £ 121.196 Grants awarded by cr&it1￿ Scotland 71.7(X) 12.C 41.150 É 95.565 1320) 39.981 Robertson Trust National Lottery Corra Foundation FoOe Foundation Inspiringscotland 10.C 19.992 170,333 £ 1WL38 Thesound Lab Slatementof Balancesyearending31 March 2025 Opening Bai 1 April 2024 Surplus (Deticit) foryear Cash in hand at Bank31 March 2025 186.7C 9.095 195.801 65.510 121.1 186,7C6 Fixed Assets Tanzible Assets CurrentAssets Cash Debtors 195.￿1 186.7C6 195.￿)1 186.71 Total Assets 195.Ki1 186.Tr Net Liabilities Creoitors amounts falling ouewilhin i Creditors amounts fallingdue morethan 1 Net liabilities Depreciation Total networth ot Charity UFWDto 1 April 2025 195.801 186. All funds are restricted to the purpose raised for. exceptgenerated income Signed by Independenl Examiner See Appendix1 Signed on Behalfof The Sound Lab See Appendix 1 ## **Independent Examiner’s Notes on The Sound Lab Receipts & Payments Statement 1 April 2024 – 31 March 2025** ## **Statement of Responsibilities of Trustees & Independent Examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention- 1. Which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Introduction** The Sound Lab is a small Scottish Charity (SC034953), operating in various areas within Central Scotland. The charity has continued to deliver free music sessions to vulnerable young people. The current year saw the charity receive record levels of grant funding, recruit three new full-time members of staff and move into their new premises at the Pentagon Centre in Glasgow. I have examined the financial records, letters of award, income and expenditure of the group for the period 2024/25 and find them to correspond with their Receipts and Payments statements for the year under consideration. With specific reference to this accounting year, I should just like to state that after examination of the group’s financial records I have no specific recommendations to make regarding the group’s methods of recording or accounting practice as they all conform to the statutory requirements for an organisation of its size and nature. Furthermore, no other issues of concern were raised in any pertinent matter with regard to The Sound Lab accounts for this year. ## **Notes** 1. No Trustee has received any remuneration in 2024/25 Independently Examined by Signed on behalf of I E **See Appendix 1** Signed on behalf of The Sound Lab **See Appendix 1** APPENDIX 1 Chairperson Sign-off Treasurer Sign-off Independent Examiner Sign-off