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2025-06-30-accounts

Company registration number $C380533 (Scotland)

Charity registration number $C041611 (Scotland)

CREATE ABERDEEN

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

CREATE ABERDEEN

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees D Brands
D Hunter
L Hunter
Boettcher
A Hutchison
A Skinner
Secretary AK
Constantinides
Countryofincorporation UnitedKingdom $C380533
(Scotland)
Charityregistration Scotland §c041611
Registered office inchgarth CommunityCentre
Aboyne Place
Garthdee
Aberdeen
United Kingdom
AB107DR
independent examiner ThymeTax&Accountancy itd
36 Angusfield Avenue
Aberdeen
Aberdeenshire
United Kingdom
AB156AQ

CREATE ABERDEEN

CONTENTS

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|||||| |---|---|---|---|---| |Page| |Trustees’|report|1-3| |Independent|examiner's|report|4| |Statement of financial|activities|5| |Balance|sheet|6| |Notes|to the|financial|statements|7-15|

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CREATE ABERDEEN

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

FOR THE YEAR ENDED 30 JUNE 2025

The trustees present their annual report and financial statements for the year ended 30 June 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 {as amended) and “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

The Charity’s aims are to support the rights of adults with additional support needs to be healthy, fulfilled and active participants in community life. Create provide accessible supported activities within community locations, and ensure participants receive a meaningful and quality service.

Create provide a five-day programme of activities in various community centres including sport, dance, creative movement, drama, art, craft, baking, music, gentle exercise, games and multi-sensory activities.

We also run 3 evening sessions. We provide 1-1 support as required and are registered with the Care Inspectorate for Care at Home support.

As part of our aims, we produce and perform regular performances to showcase skills. We work closely with other organisations, to link up, share good practice and resources, these include working with local ASN schools, nursery schools and other community organisations.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

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CREATE ABERDEEN

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Totat|Unrestricted|Restricted|Total| |funds|funds|funds|funds| |2025|2025|2025|2024|2024|2024| |Notes|£|£|£|£|£|£| |Income|and endowments from:| |Donations and|legacies|3|885|-|885|14,869|-|14,869| |Charitable|activities|4|370,532|-|370,532|312,424|-|312,424| |Other trading|activities|5|4,855|-|4,855|1,431|-|1,431| |Investments|6|1,587|-|1,587|1,351|-|1,351| |Other income|7|:|-|390|-|390| |Total|income|377,859|-|377,859|330,465|-|330,465| |Expenditure on:| |Charitable|activities|8|371,899|42|371,941|319,940|2,701|322,641| |Total|expenditure|371,899|42|371,941|319,940|2,701|322,641| |Net|income/(expenditure)|and| |movement|in funds|5,960|(42)|5,918|10,525|(2,701)|7,824| |Reconciliation|of funds:| |Fund|balances|at|1 July 2024|228,584|209|228,793|218,059|2,910|220,969| |Fund balances at 30 June 2025|234,544|167|234,711|228,584|209|228,793|

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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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CREATE ABERDEEN

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF CREATE ABERDEEN

| report on the financial statements of the charity for the year ended 30 June 2025, which are set out on pages 5 to 15.

Respective responsibilities of trustees and examiner

The charity’s trustees, who are also the directors of Create Aberdeen for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees consider that the audit requirement of Regulation 10(1){a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financia! statements 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking 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 | do not express an audit opinion on the view given by the financial statements.

Independent examiner's statement

have not been met or

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WY) —_——
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M R Watt FCCA

Thyme Tax & Accountancy Ltd

36 Angusfield Avenue

Aberdeen

AB15 6AQ

Dated: 4 February 2026

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CREATE ABERDEEN

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

D Brands

D Hunter

L Hunter

| Boettcher

A Hutchison

A Skinner

Recruitment and appointment of trustees

Appointment and removal is in Memorandum and Articles of Association, which require that appointment is approved by unanimous agreement of the existing trustees and removal of any trustees by the unanimous agreement of the others. Jackie Taylor has resigned as trustee in June 2015.

The trustees’ report was approved by the Board of Trustees.

D Brands

Trustee

4 February 2026

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CREATE ABERDEEN

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 ee

Achievements and performance

Significant activities and achievements against objectives

Varied timetable of weekly activities running Monday-Friday, with 3 evening sessions available.

Student and volunteer placements have continued.

Parties, performances, social events and fundraisers have resumed.

We took part in the Aberdeen Kiltwalk with service users completing the 18 mile walk, and held our first ever Awards Ceremony in the Beach Ballroom in November 2024,

Donations, grants, and fundraisers:

Grants:

Aberdeen Student Show- £3,187

Local Fundraising:

Kiltwalk: £4,036 New York Saunter: £360 Quiz night: £953 Charity Christmas Fair: £380 Stay Up Late: £200 Donations: £550

Students:

We have continued to have paid placements for Social Work students from RGU, and have had one paid placement for a Dundee University Student.

Placements from NESCOL continue

Financial review

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated fer a specific use should be maintained at a level equivafent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The balance held as unrestricted funds at 30 June 2025 was £234,544of which £225,794 are regarded as free reserves, after allowing for funds tied up in tangible fixed assets and investments. Actual 3 month cash payments totalled £92,790. The current level of reserves is therefore higher than is needed.

Structure, governance and management

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 Trust was set up by Alex Constantinides, Maree Adams and Allan Finnie and recognised as a Scottish charity with effect from 18th June 2010.

Memorandum and Articles of Association - governing document. Set up as a company limited by guarantee with charitable status granted by OSCR in 2010.

Create has a board of 4 trustees and we are currently seeking to have service user representation on the board.

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CREATE ABERDEEN

BALANCE SHEET

AS AT 30 JUNE 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangibleassets 14 4,542 3,914
Current assets
Debtors 15. 42,909 37,723
Cash at bankand in hand 192,907 194,712
235,816 232,435
Creditors:amountsfallingduewithinoneyear 16 (5,647) (7,556)
Netcurrentassets 230,169 224,879
Total assets less current liabilities 234,711 228,793
Thefundsofthe charity
Restricted income funds i? 167 209
Unrestricted funds 18 234,544 228,584
234,711 228,793

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 4 February 2026

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O Dord Hunker
Brands WE SS, D Hunter ialOAS : 7
Trustee Trustee
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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1 Accounting policies

Charity information

Create Aberdeen is a private company limited by guarantee incorporated in Scotland. The registered office is Inchgarth Community Centre, Aboyne Place, Garthdee, Aberdeen, AB10 7DR, United Kingdom.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP “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). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaliuation of freehoid properties and to include investment properties and certain financial instruments at fair value). The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Per se

CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

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Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residua! values over their useful lives on the following bases:

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|||||||| |---|---|---|---|---|---|---| |Fixtures|and|fittings|20%|on|reducing|balance| |Computers|20% on|reducing|balance|

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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7. Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument,

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial fiabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or fess. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition offinancial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 885 9,434
Grants - 5,435
885 14,869
Income from charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Invoicedsessions 370,532 312,424

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 4,855 1,431
incomefrom investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interestreceivable 1,587 1,351

CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

a a a a
7
Otherincome
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Otherincome - 390
8 Expenditureon charitable activities
2025 2024
£ £
Directcosts
Staffcosts 305,541 266,804
Depreciationandimpairment 783 978
Insurance 1,158 1,039
Telephone 871 888
Office costs 1,338 1,374
Sundries 2,778 1,950
Rent 32,742 28,583
Travel 1,346 2,333
Resources 15,200 10,663
Training 2,186 550
Subscriptions 4,153 3,635
Hire ofequipment 718 483
Bankcharges 1,104 925
Bad debts 152 590
370,067 320,795
Share ofsupport andgovernance costs(see note 9)
Governance 1,874 1,346
371,941 322,641
Analysis byfund
Unrestricted funds 371,899 319,940
Restricted funds 42 2,701
371,941 322,641

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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

9 Support costs allocated to activities

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Governance|costs|1,874|1,846| |10|Net|movement|in|funds|2025|2024| |£|£| |The|net|movement|in funds|is|stated|after charging/(crediting):| |Fees|payable|for the|independent|examination|of the|charity's|financial|statements|852|852| |Depreciation|of owned|tangible|fixed|assets|783|978|

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11. ~—s Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

12 Employees

The average monthly number of employees during the year was:

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|||||| |---|---|---|---|---| |2025|2024| |Number|Number| |18|16| |Employment|costs|2025|2024| |£|£| |Wages and|salaries|283,373|249,696| |Social|security|costs|16,557|13,198| |Other|pension|costs|5,611|3,910| |305,541|266,804|

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There were no empioyees whose annual remuneration was more than £60,000.

13 —s Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

14 Tangible fixed assets Fixturesand Computers Total
fittings
£ £ £
Cost
At 1July 2024 12,426 13,063 25,489
Additions 1,411 1,411
At30June2025 12,426 14,474 26,900
Depreciation and impairment
At 1July2024 11,481 10,094 21,575
Depreciationcharged intheyear 189 594 783
At30June 2025 11,670 10,688 22,358
Carrying amount
At30June 2025 756 3,786 4,542
At30June2024 945 2,969 3,914
15 Debtors
2025 2024
Amountsfallingduewithinoneyear: £ £
Trade debtors 40,713 35,674
Prepaymentsandaccrued income 2,196 2,049
42,909 37,723
16 Creditors: amounts falling duewithinoneyear
2025 2024
£ £
Othertaxation and social security 2,888 3,402
Trade creditors 1,823 2,318
Other creditors 84 984
Accruals and deferred income 852 852
5,647 7,556

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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

17 ‘Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

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|||||||| |---|---|---|---|---|---|---| |At|1 July 2024|Resources|At 30 June 2025| |expended| |£|£|£| |Foundation|Scotland|Fund|209|(42)|167| |Previous|year:|At|1 July 2023|Resources|At|30 June 2024| |expended| |£|£|£| |Foundation|Scotland|Fund|261|(52)|209| |NHS|Fund|2,649|{2,649}|-| |2,910|(2,701)|209|

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18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

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||||||| |---|---|---|---|---|---| |At 1 July 2024|Incoming|Resources|At 30 June 2025| |resources|expended| |£|£|£|£| |General|funds|228,584|377,859|(371,899)|234,544| |Previous year:|At|1 July 2023|Incoming|Resources|At 30 June 2024| |resources|expended| |£|£|£|£| |General funds|218,059|330,465|(319,940)|228,584|

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CREATE ABERDEEN

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2025

19 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At30June 2025:
Tangible assets
Currentassets/(liabilities)		 4,375
230,169		 167
-		 4,542
230,169
234,544 167 234,711
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At30June 2024:
Tangible assets
Currentassets/(liabilities)		 3,705
224,879		 209
-		 3,914
224,879
228,584 209 228,793

20 ~— Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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