**REGISTERED CHARITY NUMBER: SC043437** **Report of the Trustees and Financial Statements for the Year Ended 31 January 2025** **for Create Paisley** Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB **Create Paisley** **Contents of the Financial Statements for the Year Ended 31 January 2025** ||**Page**| |---|---| |**Reference and Administrative Details**|1| |**Report of the Trustees**|2 to 5| |**Independent Examiner's Report**|6| |**Statement of Financial Activities**|7| |**Balance Sheet**|8| |**Notes to the Financial Statements**|9 to 20| **Create Paisley** ## **Reference and Administrative Details for the Year Ended 31 January 2025** ## **TRUSTEES** ## **PRINCIPAL ADDRESS** 18 Templar Crescent Erskine PA8 7FF **REGISTERED CHARITY NUMBER** SC043437 ## **INDEPENDENT EXAMINER** s Herbert House 24 Herbert Street Glasgow G20 6NB ## **BANKERS** Unity Trust Bank plc Nine Brindleyplace Birmingham B1 2HB Akoni Hub Seventh Floor 77 Cornhill London EC3V 3QQ Royal Bank of Scotland 1 Moncreiff Street Paisley PA3 2AW Page 1 **Create Paisley** ## **Report of the Trustees for the Year Ended 31 January 2025** The trustees present their report with the financial statements of the charity for the year ended 31 January 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** ## Our Vision: At CREATE Paisley, our vision is to see young people transformed through creativity, community, confidence and finding their voice. We work alongside them to help them build on their strengths and potential. Through a mix of drop-ins, creative workshops, and volunteering opportunities, we support young people to develop their skills, support networks and resilience. ## **Charitable activities Our work: drop-ins** Our drop-ins are the foundation of our programme. They provide opportunities: - To support a young person’s **wellbeing** . A safe, welcoming space, where you can relax, be yourself, talk to a supportive adult or develop new friendships. Our youth work team are experienced youth work practitioners, with training in trauma-informed approaches and coaching. They provide a friendly, supportive and positive presence in young peoples’ lives. - For **pathways** to leadership and empowerment, to have more of a say in how CREATE runs. This includes the content and themes of future sessions, but also opportunities to join a Youth Forum, and plan and run events; to gain Awards; to become a Young Volunteer and support younger participants. - To be **creative** . Many of our youth work team are also artists - with skills in art, music, crafts, drama and film making. They love to inspire and collaborate with young people to be creative and express themselves. We aim to provide opportunities for our young people to share their work more widely in their community - e.g. murals, exhibitions, open mic events and online. ## **Paisley Drop-in** A weekly evening session, providing a safe and welcoming environment for young people to be creative, spend time with friends, meet new people and get advice and support from the youth work team. ## **Johnstone Create Club** A weekly after-school drop-in that offers a variety of creative activities for young people in Johnstone as well as indoor/outdoor games, refreshments and a space to unwind after school. In partnership with Active Communities. Page 2 **Create Paisley** ## **Report of the Trustees for the Year Ended 31 January 2025** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** ## **YouthFULL Linwood** This was a weekly creative drop-in in partnership with Linstone Housing (until December 2024) that offered young people opportunities to explore different topics through arts-based activities. We also offered snacks, study/homework support and a safe space to relax after school and make new friends. ## **Youth Forum (The Magnificent Blue)** A weekly youth-led drop-in focussing on youth voice, campaigning, fundraising and planning events. The group have organised 2 craft sale events to raise money for a summer trip to the Sea Life Centre, have curated and hosted an exhibition exploring the Scots language and Renfrewshire’s history called “Scots! Nae Slang”, and have written and performed a puppet show about climate change. ## **Go CREATE Holiday Programme** In 2024, our summer programme included day trips to Lapwing Lodge, the Transport Museum, a picnic and scavenger hunt and a Youth Forum planning event. We also offered daytime creative workshops and summer themed wellbeing sessions at our Paisley and Johnstone drop-ins in collaboration with Right2Dance and The Soundsystem Project. ## **Young Volunteers Programme** At the beginning of 2025, we launched a new Young Volunteers programme for young people aged 16-25. We ran introductory training, group supervisions and 1:1 support for the first cohort of volunteers who are now supporting sessions across Paisley and Johnstone. ## **Schools programme** We offer lunchtime drop-ins and creative sessions for students struggling to re-engage with the mainstream curriculum. These sessions are led by members of our Youth Work team who are also artists. They run creative activities to engage young people and support their social and emotional development. ## **Johnstone High School** - Lunch Club: a weekly lunchtime drop-in for S1-S6. We provide creative activities and a safe space to talk to peers and staff. - P7 Transition Day: as part of the P7 High School visit, Create provided arts and crafts activities for the JHS Wellbeing Day, exploring the theme of ‘inclusion’. - Support Sessions: arts sessions to support identified young people who are struggling with different aspects of school such as timetable changes, literacy, attendance and social anxiety. - ## **Gleniffer High School** - Nurture Group: support for pupils struggling with school or home life through creative craft activities and staff support - Upcycle Group: the project focused on upcycling and sustainability using creative sessions to support the wellbeing of pupils in S1-S3. ## **Young Carers** In partnership with Renfrewshire Carers. Weekly lunchtime group for young carers and friends at 5 different schools on rotation, with support from a Renfrewshire Carers worker and craft activities provided by Create Paisley staff. Page 3 **Create Paisley** ## **Report of the Trustees for the Year Ended 31 January 2025** ## **Charitable activities** ## **Community Collaborations** Our community collaborations aim to connect and support young people through a range of creative activities, fostering a sense of belonging and engagement. We partner with other organisations to address community needs and promote positive change. ## **Renfrewshire Resettlement Family Group** In partnership with Renfrewshire Council’s Resettlement team. Fortnightly group for refugee families to learn new creative skills, explore, connect and create positive memories. ## **Games and Grub** Led by Active Communities, with Create Paisley staff providing arts and crafts, this group offers an evening meal and activities for young people in P5-7. ## **Corseford Family Fun Day** Our team supported the Corseford TARA Family Day in Johnstone by providing arts and crafts activities for the community. ## **Pachedu** We are in the process of developing an exciting collaboration with the charity organisation, Pachedu. The young people of Pachedu have visited multiple sessions at Create, including our Youth Forum projects. Create staff have also visited Pachedu and will be delivering taster arts sessions in 2025. ## **Up2Us and Barnardo’s** Taster sessions delivered to small groups of young people to support wellbeing; learn new skills and take part in creative activities. ## **Events** This year, CREATE has been invited to promote and highlight our services at a range of one-off community events such as West College Scotland, Kibble Industry Day and Police Scotland’s Water Safety Event. PARTICIPANTS = 749 SESSIONS = 344 ATTENDANCES = 3,291 ## **FINANCIAL REVIEW** ## **Financial position** The charity reported a deficit of £33,516 (2024: deficit £133,103) for the year ending 31 January 2025 and has accumulated reserves of £107,662 (2024: £141,178) as at the year end. In addition to the financial grants and donations received during the year (detailed in note 2), we are extremely grateful for the many individuals who donated their time volunteering with us. The work we do would not be possible without our amazing volunteers who have helped us during this year. The value of services provided by volunteers is not incorporated into these financial statements. In kind donations are also not accounted for within the financial statements. ## **Reserves policy** The trustees' policy is to maintain unrestricted funds (i.e. funds not committed or invested in fixed assets) at a level that equates between three and six months of operational running costs. Based on the budget for 2025-2026 this equates to a minimum of £66,799. The charity's unrestricted reserves at 31 January 2025 amounted to £73,744 (2024: £106,212) which met the required level. The trustees are satisfied with the current level of reserves held to ensure the ongoing viability of the charity. Page 4 Cr•at• Palsl•y Report of the Trustee for the Year Ended 31 January 2025 FINANCIAL REVIEW Grants & Glfts payabl• Grfts to extemal organisations and {￿￿d￿r*1 by trustè8S (m t￿ basis of n￿1 and 8r8 only madè to those organisati￿￿ actiwbes whith are cK*Dpabb￿ With Ihe tharifatde obpclNes of the cknty. No gifts were made to FM)lrtical parties. STRUCTURE. GOVERNANCE AND pw4AGEm￿ Governlng document CREATE Paisley I"Ihe charity'l is a Scotbsh Charitatjle I￿gar￿satiOn nunknr SC043437. governed by its written consts"tub"on originalty adopted on 25 Septem￿1 2012 an*rK1&1 7 June 2014. R•crultm•nt and appolntrn•nt of n•w tnMI• The charty's trustees are apwinted ￿ rÈ-ap￿"nt4d by Tr￿MÈ*s arn)u4ty at the Annual Gwral Meetiro and in a￿[da with the ttrrms (x)nt8ingd in Ihe charitys ￿l$ti￿lI](MI. Oryanlsatktrnal structur• The board ol trustees a￿ fospwt* for ts I￿8(all ol thg tharity aThJ $8The ￿ a vduntary basis. Key manag•m•nt r•mun•rntlon In the opinion of Ihe Irustees there is menknr of key manJJemenL thg chi￿ Executfve. Thb post was p8hJ a gross $818ry 01 £50,OLX) during the year lo 31 January 202512024..£9J.(M)01. Rlsk man•g•m•nt All major in5urable risks are subject to nomwl Charity a￿1 insuran(*. Contra(*ual risks are r8vi8w8d b8lor8 t*ing entered into ¢0 8sses5 that they ccrtjld not signthc8nUy imp8¢a uwi 8trAlity to its Objecti￿$, and th8t they aro in line with our policies. A risk register is kept. and an annLbal rewew of all areas of risk is undertaken by the ¢rustses in conlunctlon wth siaff and vc4unteers r*sF1)n￿bIe lor the arèa ol %ts"wty t*"ng ffj￿ewed. The main rtsks lo the charfty are.. finan￿81 lin8bility lo attr8d suffiryent ftjndsl,. tss of slaff exr*itw', repuiaticThl risk fdl(Ming an &Jvew in¢hYenl (y publirity. A safeguarding Fdicy is in Fkne and relevant PVG chec*s are urthrtaken for vdunleer5. stsff al￿ trustees. roved b order of Ihe board of Iruslees on 26 August 2025 and sigrwj thi by.. Page 5 ## **Independent Examiner's Report to the Trustees of Create Paisley** I report on the accounts for the year ended 31 January 2025 set out on pages seven to twenty. ## **Respective responsibilities of trustees and 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) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report** My examination was 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 seeking explanations from you as 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 view given by the accounts. ## **Independent examiner's statement** In connection with 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 to comply with Regulation 8 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. The Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB Date: ............................................. Page 6 **Create Paisley** ## **Statement of Financial Activities for the Year Ended 31 January 2025** |**Unrestricted**
**funds**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
59,432
Other trading activities
3
8,736
Investment income
4
4,153
Other income
5,000
**Total**
77,321
**EXPENDITURE ON**
**Charitable activities**
5
Developing young people
114,743
**NET INCOME/(EXPENDITURE)**
(37,422)
**Transfers between funds**
15
(38)
**Net movement in funds**
(37,460)
**RECONCILIATION OF FUNDS**
Total funds brought forward
111,204
**TOTAL FUNDS CARRIED FORWARD**
73,744|**Restricted**
**funds**
**£**
148,586
-
-
-
148,586
144,680
3,906
38
3,944
29,974
33,918|**2025**
**Total**
**funds**
**£**
208,018
8,736
4,153
5,000
225,907
259,423
(33,516)
-
(33,516)
141,178
107,662|**2024**
**Total**
**funds**
**£**
182,885
11,591
41
-
194,517
327,620
(133,103)
-
(133,103)
274,281
141,178| |---|---|---|---| ## **CONTINUING OPERATIONS** This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities in both years. Comparative figures for the previous year by fund type are shown in Note 10. The notes on pages 9 to 20 form part of these financial statements. Page 7 Cr•at• Palsl•y Balance Sheet 31 January 202S 2025 2024 FIXED ASSETS Tangible assets 12 4.992 CURRENT ￿SET8 Debtors Cash at bank 13 1,248 110,851 139,390 CREDITORS Amounts falling du8 wthin one year 14 {3.1891 13,2041 NEf CURRENT ASSETS 107.662 TOTAL ASSET8 LE&8 CURRENT LIABILrnES 107.662 141,178 NET ASSETS 107.662 141 178 FUNDS Unrestricted funds= General lund Design8led Fixed Asstrt lund 16 73.744 1(￿,212 4,992 Restrkted funds TOTAL FUNDS 141 178 The financial stalemenls were approved by the Board crf T[l￿oS aUl￿￿ls￿l lor issu8 on 26 Aug￿1 2025 and were si ned on Ils behalf b Page 8 **Create Paisley** **Notes to the Financial Statements for the Year Ended 31 January 2025** ## **General Information** Create Paisley is a Scottish Charitable Incorporated Organisation, incorporated on 25th September 2012. The charity is governed by its constitution and has the registered address 18 Templar Crescent, Erskine, PA8 7FF. ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with: - the Charities and Trustee Investment (Scotland) Act 2005; - Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006; - the Financial Reporting Standard applicable in the UK and Republic of Ireland, published in March 2018 ("FRS 102"), to the extent that it applies to small entities and public benefit entities; - '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, published in October 2019 (FRS 102)' ("the Charities SORP"); - UK Generally Accepted Accounting Practice; and - the historical cost convention. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy. The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound. There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements. ## **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 expenditure, 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 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. ## **Cash at bank and cash in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Financial instruments** The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Page 9 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Going Concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - Straight line over 4 years Computer equipment - Straight line over 3 years ## **Taxation** Create Paisley is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only. ## **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. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. DONATIONS AND LEGACIES** |Donations
Grants|**2025**
**£**
12,432
195,586
208,018|**2024**
**£**
40,303
142,582| |---|---|---| |||182,885| Page 10 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **2. DONATIONS AND LEGACIES - continued** Grants received, included in the above, are as follows: |Children in Need
Cultural Organisations Development Fund
Early Action Systems Change
Hugh Fraser Foundation
Celebrating Renfrewshire
Volunteering Support Fund
KFC Foundation
Paul Hamlyn Foundation
Parental Employment Support
Police Scotland Local Partnership
Robertson Trust
Social Isolation and Loneliness Fund
Winter Connections
The Rank Foundation
Hugh Stenhouse Foundation
Asda Foundation
Community Mental Health & Wellbeing
Allied Vehicles Charitable Trust
Foundation Scotland (Volant Trust)
Hedley Foundation
Local Partnership 2024-25 (Linwood & Johnstone)
Local Partnership 2024-25 (Paisley)
Police Scotland Community Fund
Stafford Trust
Summer of Fun 2024 - Renfrewshire Council
TNL Awards for ALL
TNL Community Fund
New Park Educational Trust
Scottish Children's Lottery Trust
Garfield Weston Foundation
W M Mann Foundation
People's Postcode Trust
Orr Mack Foundation
The Foyle Foundation
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising
Social Enterprise
Other trading income|**2025**
**£**
28,267
2,874
-
3,000
1,000
10,884
-
-
-
-
18,000
-
1,870
-
-
1,050
10,944
1,150
4,917
2,000
2,289
1,050
1,000
3,520
2,755
8,000
39,416
3,600
1,000
20,000
2,000
10,000
5,000
10,000
195,586
**2025**
**£**
2,038
6,490
208
8,736|**2024**
**£**
27,785
2,874
3,581
3,000
4,907
12,794
2,500
50,500
1,355
4,200
14,500
3,290
360
9,936
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
142,582
**2024**
**£**
1,535
8,282
1,774
11,591|**2024**
**£**
27,785
2,874
3,581
3,000
4,907
12,794
2,500
50,500
1,355
4,200
14,500
3,290
360
9,936
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
142,582
**2024**
**£**
1,535
8,282
1,774
11,591| |---|---|---|---| ||||| ||||11,591| Page 11 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **4. INVESTMENT INCOME** |**2025**
**£**
Deposit account interest
4,153
**5.**
**CHARITABLE ACTIVITIES COSTS**
**Direct**
**Support**
**Costs (see**
**costs (see**
**note 6)**
**note 7)**
**£**
**£**
Developing young people
256,574
2,849
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
**2025**
**£**
Staff costs
207,768
Bank charges and interest
371
Evaluation costs
-
External provider fees
16,390
Freelance delivery staff
134
Catering
1,694
Insurance
1,406
Office equipment & resources
287
Office Rental
10,082
Printing, photocopying & postage
663
Project Materials
3,162
Project Space Rental
3,433
Recruitment costs
-
Repairs & maintenance
-
Subscriptions & memberships
3,159
Training
1,233
Travel
1,492
Utilities
308
Website & media
-
Depreciation
4,992
256,574|**2024**
**£**
41
**Totals**
**£**
259,423
**2024**
**£**
222,616
119
840
13,456
35,407
2,994
2,079
6,542
475
2,207
1,598
11,937
9,000
955
3,266
1,291
2,025
700
680
7,273
325,460| |---|---| Page 12 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** |**7.**|**SUPPORT COSTS**||| |---|---|---|---| |||**2025**|**2024**| |||**£**|**£**| ||Independent Examiner Fee|2,400|2,160| ||Board Meeting Costs|449|-| |||2,849|2,160| ## **8. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024. ## **Trustees' expenses** During the year, two trustees incurred travel expenses totalling £238 (2024:£68), £168 of which was waived and treated as a donation. ## **9. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Operations
Project|**2025**
**£**
178,996
15,493
13,279
207,768
**2025**
1
6
7|**2024**
**£**
196,551
13,348
12,717| |---|---|---| |||222,616| |||**2024**
2
5
7| No employees received emoluments in excess of £60,000. **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
53,233
129,652
Other trading activities
11,591
-
Investment income
41
-
**Total**
64,865
129,652|**Total**
**funds**
**£**
182,885
11,591
41
194,517| |---|---| Page 13 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** |**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**EXPENDITURE ON**
**Charitable activities**
Developing young people
138,269
189,351
**NET INCOME/(EXPENDITURE)**
(73,404)
(59,699)
**RECONCILIATION OF FUNDS**
Total funds brought forward
184,608
89,673
**TOTAL FUNDS CARRIED FORWARD**
111,204
29,974
**11.**
**TANGIBLE FIXED ASSETS**
**Plant and**
**Computer**
**machinery**
**equipment**
**£**
**£**
**COST**
At 1 February 2024 and 31 January 2025
1,557
20,652
**DEPRECIATION**
At 1 February 2024
1,528
15,689
Charge for year
29
4,963
At 31 January 2025
1,557
20,652
**NET BOOK VALUE**
At 31 January 2025
-
-
At 31 January 2024
29
4,963
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2025**
**£**
Trade debtors
-
Prepayments
1,248
1,248|**Total**
**funds**
**£**
327,620
(133,103)
274,281
141,178
**Totals**
**£**
22,209
17,217
4,992
22,209
-
4,992
**2024**
**£**
9
-
9| |---|---| ||| ||| ||| ||| ||| Page 14 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Other creditors
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fixed assets
-
-
Current assets
76,933
33,918
Current liabilities
(3,189)
-
73,744
33,918|**2025**
**£**
789
2,400
3,189
**2025**
**Total**
**funds**
**£**
-
110,851
(3,189)
107,662|**2024**
**£**
1,044
2,160
3,204
**2024**
**Total**
**funds**
**£**
4,992
139,390
(3,204)
141,178| |---|---|---| ## **14. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **Comparatives for analysis of net assets between funds** |**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fixed assets
4,992
-
Current assets
109,416
29,974
Current liabilities
(3,204)
-
111,204
29,974|**2024**
**Total**
**funds**
**£**
4,992
139,390
(3,204)
141,178|**2023**
**Total**
**funds**
**£**
12,265
262,612
(596)
274,281| |---|---|---| Page 15 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **15. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Designated Fixed Asset fund
**Restricted funds**
Celebrating Renfrewshire
Children in Need
Community Mental Health & Wellbeing
Hugh Fraser Foundation
Volunteering Support Fund
Paul Hamlyn Foundation
Police Scotland Local Partnerships and
Initiative Fund
Robertson Trust
Foundation Scotland (Volant Trust)
Hedley Foundation
Local Partnership - Linwood & Johnstone
Police Scotland Community Fund
Stafford Trust
TNL Awards for All
TNL Community Fund
New Park Educational Trust
Scottish Children's Lottery Trust
**TOTAL FUNDS**|**Net**
**movement**
**At 1/2/24**
**in funds**
**£**
**£**
106,212
(32,430)
4,992
(4,992)
111,204
(37,422)
-
250
3,750
(3,788)
1,783
(835)
890
(641)
2,920
(1,106)
17,831
(17,831)
2,800
(2,800)
-
5,978
-
3,291
-
1,000
-
825
-
1,000
-
2,053
-
4,363
-
8,147
-
3,000
-
1,000
29,974
3,906
141,178
(33,516)|**Transfers**
**between**
**funds**
**£**
(38)
-
(38)
-
38
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
38
-|**At**
**31/1/25**
**£**
73,744
-
73,744
250
-
948
249
1,814
-
-
5,978
3,291
1,000
825
1,000
2,053
4,363
8,147
3,000
1,000
33,918
107,662| |---|---|---|---| Page 16 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **15. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Designated Fixed Asset fund
**Restricted funds**
Celebrating Renfrewshire
Children in Need
Cultural Organisations Development Fund
Community Mental Health & Wellbeing
Hugh Fraser Foundation
Volunteering Support Fund
Paul Hamlyn Foundation
Police Scotland Local Partnerships and
Initiative Fund
Robertson Trust
Winter Connections
Asda Foundation
Allied Vehicles Charitable Trust 2024
Foundation Scotland (Volant Trust)
Hedley Foundation
Local Partnership - Linwood & Johnstone
Local Partnership - Paisley
Police Scotland Community Fund
Stafford Trust
Summer of Fun - Renfrewshire Council
TNL Awards for All
TNL Community Fund
New Park Educational Trust
Scottish Children's Lottery Trust
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
77,321
(109,751)
(32,430)
-
(4,992)
(4,992)
77,321
(114,743)
(37,422)
1,000
(750)
250
28,267
(32,055)
(3,788)
2,874
(2,874)
-
10,944
(11,779)
(835)
3,000
(3,641)
(641)
10,884
(11,990)
(1,106)
-
(17,831)
(17,831)
-
(2,800)
(2,800)
18,000
(12,022)
5,978
1,870
(1,870)
-
1,050
(1,050)
-
1,150
(1,150)
-
4,917
(1,626)
3,291
2,000
(1,000)
1,000
2,289
(1,464)
825
1,050
(1,050)
-
1,000
-
1,000
3,520
(1,467)
2,053
2,755
(2,755)
-
8,000
(3,637)
4,363
39,416
(31,269)
8,147
3,600
(600)
3,000
1,000
-
1,000
148,586
(144,680)
3,906
225,907
(259,423)
(33,516)| |---|---| Page 17 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **15. MOVEMENT IN FUNDS – 2023-24 Comparative** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Designated Fixed Asset fund
**Restricted funds**
Arnold Clark Community Fund
Awards for All
Cashback Communities
Celebrating Renfrewshire
Children in Need
Cultural Organisations Development Fund
Community Mental Health & Wellbeing
Early Action Systems Change
Green Space Fund
Hugh Fraser Foundation
Volunteering Support Fund
Kilpatrick Fraser Charitable Trust
Local Partnership
Paul Hamlyn Foundation
Police Scotland Local Partnerships and
Initiative Fund
Renfrewshire Council Section 10
Robertson Trust
Tesco Community Fund
The National Lottery Community Fund
Youth Philanthropy Initiative
Youth Zone
**TOTAL FUNDS**|**Net**
**movement**
**At 1/2/23**
**in funds**
**£**
**£**
172,343
(66,131)
12,265
(7,273)
184,608
(73,404)
1,000
(1,000)
4,209
(4,209)
3,761
(3,761)
57
(57)
5,606
(1,856)
8,623
(8,623)
12,207
(10,424)
6,500
(6,500)
49
(49)
-
890
1,023
1,897
904
(904)
5,008
(5,008)
23,301
(5,470)
-
2,800
2,000
(2,000)
1,330
(1,330)
900
(900)
7,704
(7,704)
1,278
(1,278)
4,213
(4,213)
89,673
(59,699)
274,281
(133,103)|**At**
**31/1/24**
**£**
106,212
4,992
111,204
-
-
-
-
3,750
-
1,783
-
-
890
2,920
-
-
17,831
2,800
-
-
-
-
-
-
29,974
141,178| |---|---|---| Page 18 continued... **Create Paisley** ## **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **15. MOVEMENT IN FUNDS – 2023-24 Comparatvie** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Designated Fixed Asset fund
**Restricted funds**
Arnold Clark Community Fund
Awards for All
Cashback Communities
Celebrating Renfrewshire
Children in Need
Cultural Organisations Development Fund
Community Mental Health & Wellbeing
Early Action Systems Change
Green Space Fund
Hugh Fraser Foundation
Volunteering Support Fund
Kilpatrick Fraser Charitable Trust
KFC Foundation
Local Partnership
Paul Hamlyn Foundation
Parental Employment Support
Police Scotland Local Partnerships and
Initiative Fund
Renfrewshire Council Section 10
Robertson Trust
Tesco Community Fund
Social Isolation and Loneliness Fund
The National Lottery Community Fund
Youth Philanthropy Initiative
Youth Zone
Winter Connections
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
64,865
(130,996)
(66,131)
-
(7,273)
(7,273)
64,865
(138,269)
(73,404)
-
(1,000)
(1,000)
-
(4,209)
(4,209)
-
(3,761)
(3,761)
2,913
(2,970)
(57)
27,785
(29,641)
(1,856)
2,874
(11,497)
(8,623)
-
(10,424)
(10,424)
3,581
(10,081)
(6,500)
-
(49)
(49)
3,000
(2,110)
890
12,794
(10,897)
1,897
-
(904)
(904)
2,500
(2,500)
-
-
(5,008)
(5,008)
50,500
(55,970)
(5,470)
1,355
(1,355)
-
4,200
(1,400)
2,800
-
(2,000)
(2,000)
14,500
(15,830)
(1,330)
-
(900)
(900)
3,290
(3,290)
-
-
(7,704)
(7,704)
-
(1,278)
(1,278)
-
(4,213)
(4,213)
360
(360)
-
129,652
(189,351)
(59,699)
194,517
(327,620)
(133,103)| |---|---| ## **16. RELATED PARTY DISCLOSURES** Other than those disclosed under note 8, there were no related party transactions for the year ended 31 January 2025. Page 19 continued... **Create Paisley** **Notes to the Financial Statements - continued for the Year Ended 31 January 2025** ## **17. PURPOSE OF UNRESTRICTED FUNDS** General Fund - These are the unrestricted, 'free' reserves of the charity Fixed Asset Fund - This represents the net book value of the charity's fixed assets ## **18. PURPOSE OF RESTRICTED FUNDS** Allied Vehicles Charitable Trust 2024 - to support Go CREATE, our summer holiday programme Asda Foundation - space hire for Paisley drop-in Celebrating Renfrewshire 2024-25 - to support youth-led events and campaigns Children in Need 2022-25 - to support the costs of two youth workers in Johnstone and Linwood Community Mental Health & Wellbeing Fund 2024 - contribution to staffing costs to support young people age 16-25 and their mental health Cultural Organisations Development Fund (Renfrewshire Council) - to increase capacity to grow fundraising Foundation Scotland (Volant Trust) - to contribute to costs of delivering weekly creative activities for young people aged 11-18 living in Renfrewshire Hedley Foundation - to support costs of CREATE Club, Johnstone Hugh Fraser Foundation 2023-26 - funding to support schools outreach Volunteering Support Fund 2024-25 - support for the development of volunteering opportunities at Create Paisley, via our Youth Forum Local Partnership 2024-25 (Linwood & Johnstone) - support for CREATE Club Johnstone & YouthFULL Linwood Local Partnership 2024-25 (Paisley) - support for Paisley drop-in and Neu Normal group Police Scotland Community Fund - materials and other costs of a mural created by young people Robertson Trust 2024-26 - funding towards salary costs of two Youth Development Managers Stafford Trust - contribution to running costs of our Paisley drop-in Summer of Fun 2024 (Renfrewshire Council) - support for Go CREATE summer programme The National Lottery Awards for ALL - support for community outreach projects The National Lottery Community Fund Young Start - funding towards salary costs of two Youth Development Managers, plus contribution to overheads New Park Educational Trust - support for schools programme Scottish Children's Lottery Trust - contribution to project costs of Paisley drop-in Winter Connections 2024-25 (Renfrewshire Council) - snacks, space hire and materials for drop-ins in Paisley, Johnstone and Linwood Page 20