**REGISTERED CHARITY NUMBER: SC044124** ## **Report of the Trustees and** ## **Financial Statements for the Year Ended 31 March 2025** ## **for** ## **Ignite Theatre** Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB **Ignite Theatre** ## **Contents of the Financial Statements for the Year Ended 31 March 2025** ||**Page**| |---|---| |**Reference and Administrative Details**|1| |**Report of the Trustees**|2 to 3| |**Independent Examiner's Report**|4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6| |**Notes to the Financial Statements**|7 to 15| **Ignite Theatre** ## **Reference and Administrative Details for the Year Ended 31 March 2025** ## **TRUSTEES** ## **PRINCIPAL ADDRESS** ## **REGISTERED CHARITY NUMBER** Knightswood Community Centre 201 Alderman Road Glasgow G13 3DD SC044124 ## **INDEPENDENT EXAMINER** Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB ## **BANKERS** Bank of Scotland 174 Byres Road Glasgow G12 8SN Page 1 Ignits Theatre Report ofthe Trustees for the Year Ended 31 March 21Y25 The trustees present their rep)rt wth 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 b charilies preparing their accounts in accordance wth the Finanaal Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019). OBJECTIVES AND ACTivmES Objectlves and alms Ignite Theatre offers complimentary drama and arts opportuntties to young individuaL8 facing challenges. with a focus on fostering inclusivty, confidence. and communty participation. The charity has since broadened its remit to include older adults, striving to ensure accessible arts activities for all age groups arKI to engage marginalised communities within the region. As the organisation continues to grow. its objective remains to provide free arts experiences across generations. thereby SUPForting enhanced wellbeing and greater communty involvement. As the area's onty dedicated arts entity. Ignlte Theatre Is committed to reaching underserved populat'ons and enriching their qualty of lrfe through impactlul programming. ACHIEVEMEKf AND PERFORMANCE Charitable activilies This year. Ignite consolidated ils role in the ¢￿nMunty. transiboning from a youkn-onty focus to intergenerational programmes. Notably. the older person's drama group became a regular feature. the cinema club thrived. and weekly workshops continued for young member5. enhanang communty bonds. Collaboration Kn￿ghtswo0d Communty Centre led to the Youth Forum. glvlng Iixal youth a plaffom to influence policy. Outreach in Klngsway increased audlence dlverslty. and intermediates were selected for a theatre festival. staff loyalty and commitment remained strong. suwrted by targeted training in child protecti(m. Freelance practitioners contributed significant expertise. building trust young partiopants. Sessions Overview - Mlnl (Ages 4-81.. At capaclty: classes lttus on fun. frfendship. ￿ confKlence' en&of-temi shm wdl recelved. - JUn￿r$. Ajso at capacrty: explored relevant the￿$ arKI perfonned for growing audiences. Intemiediates.. Gained confidence through public performances and will participate in the Wonderfools Festival in July 2025. Film Projects In partnership ￿th￿￿. impact films were produced.. Documentary about activist . Frf)SitNety received at multiF4e screenings. Ingsway Boys Documentary: ing experience to asylum seeker l)oys: completed and screened desprte significant challenges. - Sunshine: Short film recognised at national and intemational festivals. rovi mma Additional Highlights - Summer Camp, Ayr W0￿$hop. Intern￿diateS atterKled the YfAS Festlval arKI seaskle tr - Cinema Club.. Reduced isolation amng dder residents aThl clyonic health patients. incI￿11ng asylum4eeking familles - Youth Forum: Emp)wers youth to address local issues and sw policy, s￿Ported by Ignite. - Trip and Events: Included theatre vksits for all age groups. Overall. Ignite experience growth. creativty and stronger communty connections. reaffirming ils ￿)Mm[IMent to accessible arts and anticipating further progress next year. FINANCIAL REVIEW Financial Result The charity generated a net surplus of £13,456 for the year ended 31 March 2025 (2024: deficit of £5,984). This comprised surplus on unrestricted funds of £15,749 and a deficit on restricted funds of £2.293. Financial Position At 31 March 2025. the reserves totslled £67.568 12024: £54.112}. which cc￿priseS unrestricted free reserves of £19.435 (2024.. £3.327}. designated funds of £574 representing the book vaue ol fixed assets12024: £933) and restricted fuNls crf £47.559 (2024: £49,852). Page 2 Ignits Theatre Report ofthe Trustees for the Year Ended 31 March 21Y25 FINANCIAL REVIEW Reseprfes policy The reserves are maintained and distributed in line the charrtys objectives. The policy is to aim to retain sufficient reserves to meet the cost of any regular commitments. as well as a contingency to enable it to continue to develop further projects.This ts considered to equal 3 months ordinary operating expendrture. whTrch based on the 2024-25 year was £29.430. At 31 March 2025. the charty held unrestricted. free reserves of £19,435 and so are not currently meeting thls aspiration. The trustees are aware of this and continue to seek ways in which to generate additional income and fvnding. STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document Ignite Theatre is a Scottish Charitable Incory)orated Organisaton (SCIO). It has a t*)ard of management wtK) are Trustees of the organisation. Meetlngs of Trustees The trustees (referred to as Ihe board.) meets on a bi monthly basis and the Artistic Director of the company discusses and agrees a projramrne of artistic activities wth the board, which she will implement across the year. Organisational structure In additK)n to Ihe Trustees the charity is managed on a day to day basts by: Artlstlc DlredorlExecutlve Dlrector General Manager- Key management remuneration In the opinion of the trustees there are kn members of key managemerrt. as noted above. The total fees paid to these posts In 2024-25 were £68,484 (2024: £68.481). 10112/20£5 Approved by order ofthe b)ard of trustees on.... . and signed on its behalf by: Page 3 Indopondent Examinofs Report to the Trusteos of Ignite Theatre I report on the accounts for the year ended 31 March 2025 set out on pages five to fifteen. Respectlve responslbillties of trustees and examiner The charitys trustees are responsible for the preparation of the accounts in accordance with the temis 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 1011 }la) to Ic) of the Accounts Regulations does not apply. It is my responsibilty to examine the accounts as required under Section 4411)Ic} of the Ad and to state whether particular matters have come to rny attention. Basls of the Independent examlnefs report My examination was carried in accordance with Regulation 11 of the Charities Accounts {Scotland) Regulations 2006. An examination includes a review of the accountiTrJ records kept by the chanty and a comparison of the accounts presented with those records. It also includes consideration of any unusual itew6 or disdosures in the accounts. and seeking explanations from you as trustees con￿mIng 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 examlnefs statement In connects'on with my examination. no matter has come to my attention . {1) which gives me rea$or￿ble cause to believe that. in any material respect. ttle requIre￿nts to keep accounting records in accordan￿ WTth secti￿ 44{1 Xa} of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations: and to prepare accounts whlch accord wlth the accountlng records arnj to compty wlth Regulatlon 8 of the 2006 Accounts Regulat'ons have not been Tht: or 12) to which. in my opinion. attention should be drawn in order to enable a proper understarKling of the accounts to be reached. Fellow ol the Associatlon of Chartered Cerofied Accountants Brett Nicholls Associates Herbert House 24 Hert)ert street Glasgow G20 6NB L0112/2025 Page 4 **Ignite Theatre** ## **Statement of Financial Activities for the Year Ended 31 March 2025** |**INCOME AND ENDOWMENTS FROM**
**Notes**
**Unrestricted**
**funds**
**£**
Donations and legacies
3
12,170
**Charitable activities**
Community Theatre Productions
5
4,620
Other trading activities
4
-
Other income
6
2,885
**Total**
19,675
**EXPENDITURE ON**
**Charitable activities**
7
Community Theatre Productions
3,926
**NET INCOME/(EXPENDITURE)**
15,749
**RECONCILIATION OF FUNDS**
Total funds brought forward
4,260
**TOTAL FUNDS CARRIED FORWARD**
20,009|**Restricted**
**funds**
**£**
111,502
-
-
-
111,502
113,795
(2,293)
49,852
47,559|**2025**
**Total**
**funds**
**£**
123,672
4,620
-
2,885
131,177
117,721
13,456
54,112
67,568|**2024**
**Total**
**funds**
**£**
112,217
-
2,250
2,885
117,352
123,336
(5,984)
60,096
54,112|**2024**
**Total**
**funds**
**£**
112,217
-
2,250
2,885
117,352
123,336
(5,984)
60,096
54,112| |---|---|---|---|---| |||||| |||||
60,096
54,112| |||||| ## **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 12. The notes on pages 7-15 form part of these financial statements Page 5 Ignite Theatro Balance Sheet 31 March 2025 2024 Notes FIXED ASSErs Tangible assets 13 574 933 CURRENT ASSErs Cash al bank and In harKI 73.226 80.007 CREDITORS Amounts falling due within one yoar 14 (6,232) (26.828) NEf CURREKf ASSETS TOTAL ASSEfs LESS CURRENT UABILMES 67.568 54.112 NEf ASSErs FUNDS Unrestricted fijnds.. General fijnd Designated - Flxed Assets 16 19.435 574 3.327 933 Restricted fvnds TOTAL FUNDS 10/1212025 The financial ststements were approved by 1he Board of Trustees and author1￿ for issue on ............................................. and were signed on its behalf by= The notes on pages 7-15 fomi part of these finanoal sktenEnts Page 6 **Ignite Theatre** **Notes to the Financial Statements for the Year Ended 31 March 2025** ## **1. GENERAL INFORMATION** Ignite Theatre is Scottish Charitable Incorporated Organisation (SCIO) governed by its constitution. It was registered as a charity in Scotland (registered number SC044124) on 9 July 2013. Its registered address is Knightswood Community Centre, 201 Alderman Road, Glasgow, G13 3DD. ## **2. 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 (FRS102) (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. The accounts have been prepared on a going concern basis as the trustees are confident that the steps that they have taken and continue to take will improve the charity's unrestricted reserves position and allow the charity to continue for at least the next 12 months. ## **Going concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## **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. ## **Cash at bank and 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. ## **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. ## **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. Page 7 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **2. ACCOUNTING POLICIES - continued** ## **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. ## **Tangible fixed assets** All assets costing more than £500 are capitalised and valued at historic cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer Equipment - 20% on cost ## **Taxation** Ignite Theatre 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. ## **3. DONATIONS AND LEGACIES** |**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**Total**
**funds**
**£**
Donations
170
-
170
Grants
12,000
111,502
123,502
12,170
111,502
123,672|**2024**
**Total**
**funds**
**£**
1,244
110,973| |---|---| ||112,217| Grants received, included in the above, are as follows: |Glasgow Life
BBC Children in Need
Robertson Trust
Young Start
Bank of Scotland Foundation
Glasgow University
GCC Glasgow Communities Fund
Corra Foundation Wellbeing
Impact Funding Partners
Generations Working Together
Glasgow City Council Area Partnership
Turcan Connell Foundation
William Syson Foundation
Glasgow Credit Union|**2025**
**£**
-
30,000
16,000
33,000
-
-
21,000
8,000
-
3,378
5,735
2,389
3,500
500
123,502|**2024**
**£**
9,336
30,000
17,600
33,000
(20,005)
4,664
21,000
8,000
4,000
3,378
-
-
-
-
110,973| |---|---|---| Page 8 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**4.**
**OTHER TRADING ACTIVITIES**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Ticket Sales
-
-
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Partnerships
**6.**
**OTHER INCOME**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Employment Allowance
2,885
-
**7.**
**CHARITABLE ACTIVITIES COSTS**
**Direct**
**Costs (see**
**note 8)**
**£**
Community Theatre Productions
101,945
**8.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Core Fees
Training
Sundry Costs
Outings and Events
Tutor Fees
Travel Costs
Workshop Costs
Marketing
Summer Camp
Facilitation Fees
Depreciation|**2025**
**Total**
**funds**
**£**
-
**2025**
**£**
4,620
**2025**
**Total**
**funds**
**£**
2,885
**Support**
**costs (see**
**note 9)**
**£**
15,776
**2025**
**£**
26,308
35,539
569
159
1,406
28,841
126
5,937
37
1,264
1,400
359
101,945|**2024**
**Total**
**funds**
**£**
2,250
**2024**
**£**
-
**2024**
**Total**
**funds**
**£**
2,885
**Totals**
**£**
117,721
**2024**
**£**
26,308
48,615
-
825
-
19,120
14
12,307
-
-
-
258
107,447| |---|---|---| Page 9 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **9. SUPPORT COSTS** |**SUPPORT COSTS**||| |---|---|---| |Office Rent
Insurance
Office Costs
Subscriptions & Memberships
Wages
Social security
Preparation and Independent Examination of Accounts|**2025**
**£**
6,264
616
934
275
6,000
577
1,110
15,776|**2024**
**£**
5,693
872
1,632
95
6,000
577
1,020| |||
15,889| ## **10. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** Two trustees, , who resigned in October 25, received remuneration totalling £6,447 for sessional work during the year ended 31 March 2025. In the prior year, Three trustees ( ) received a total of £9,894 for their freelance support work to the charity. ## **11. STAFF COSTS** |Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
Office and project staff|**2025**
**£**
30,000
2,885
32,885
**2025**
1|**2024**
**£**
30,000
2,885
32,885| |---|---|---| |||
**2024**
1| No employees received emoluments in excess of £60,000. Page 10 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**Unrestricted**

**funds**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
13,908
Other trading activities
2,250
Other income
2,885
**Total**
19,043
**EXPENDITURE ON**
**Charitable activities**
Community Theatre Productions
29,663
**NET INCOME/(EXPENDITURE)**
(10,620)
**RECONCILIATION OF FUNDS**
Total funds brought forward
14,880
**TOTAL FUNDS CARRIED FORWARD**
4,260
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2024 and 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for year
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024|**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
98,309
112,217
-
2,250
-
2,885
98,309
117,352
93,673
123,336
4,636
(5,984)
45,216
60,096
49,852
54,112
**Computer**
**equipment**
**£**
3,763
2,830
359
3,189
574
933| |---|---| Page 11 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other creditors
PAYE & NI
Accrued expenses
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fixed assets
574
-
Current assets
25,608
47,618
Current liabilities
(6,173)
(59)
20,009
47,559|**2025**
**£**
59
5,063
1,110
6,232
**2025**
**Total**
**funds**
**£**
574
73,226
(6,232)
67,568|**2024**
**£**
20,005
5,803
1,020| |---|---|---| |||26,828| |||**2024**
**Total**
**funds**
**£**
933
80,007
(26,828)
54,112| ## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **Comparatives for analysis of net assets between funds** |**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
Fixed Assets
933
-
Current Assets
10,150
69,857
Current liabilities
(6,823)
(20,005)
4,260
49,852|**2024**
**Total**
**funds**
**£**
933
80,007
(26,828)
54,112|**2023**
**Total**
**funds**
**£**
642
78,753
(19,299)
60,096| |---|---|---| ## **16. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**|||| |---|---|---|---| |||**Net**|| |||**movement**|**At**| ||**At 1/4/24**|**in funds**|**31/3/25**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|3,327|16,108|19,435| |Designated - Fixed Assets|933|(359)|574| ||4,260|15,749|20,009| |**Restricted funds**|||| |BBC Children in Need|15,000|-|15,000| |Robertson Trust|7,000|-|7,000| |The National Lottery Community Fund -|||| |Young Start|18,053|6,228|24,281| |Postcode Community Trust|6,386|(6,386)|-| |Glasgow Life Creative Communities|814|(814)|-| |Generations Working Together|2,599|(1,486)|1,113| |Turcan Connell Foundation|-|165|165| ||49,852|(2,293)|47,559| |**TOTAL FUNDS**|54,112|13,456|67,568| Page 12 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **16. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |||**Incoming**|**Resources**|**Movement**| |---|---|---|---|---| |||**resources**|**expended**|**in funds**| |||**£**|**£**|**£**| |**Unrestricted funds**||||| |General fund||19,675|(3,567)|16,108| |Designated - Fixed Assets||-|(359)|(359)| |||19,675|(3,926)|15,749| |**Restricted funds**||||| |BBC Children in Need||30,000|(30,000)|-| |Robertson Trust||16,000|(16,000)|-| |The National Lottery Community Fund -||||| |Young Start||33,000|(26,772)|6,228| |Postcode Community Trust||-|(6,386)|(6,386)| |GCC Glasgow Communities Fund||21,000|(21,000)|-| |Glasgow Life Creative Communities||-|(814)|(814)| |Generations Working Together||3,378|(4,864)|(1,486)| |Glasgow Communityl Area Partnership||5,735|(5,735)|-| |Turcan Connell Foundation||2,389|(2,224)|165| |||111,502|(113,795 )|(2,293)| |**TOTAL FUNDS**||131,177|(117,721 )|13,456| |**Comparatives for movement in funds**||||| |||**Net**|**Transfers**|| |||**movement**|**between**|**At**| ||**At 1/4/23**|**in funds**|**funds**|**31/3/24**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General fund|14,238|(10,362)|(549)|3,327| |Designated - Fixed Assets|642|(258)|549|933| ||14,880|(10,620)|-|4,260| |**Restricted funds**||||| |BBC Children in Need|-|15,000|-|15,000| |Robertson Trust|-|7,000|-|7,000| |The National Lottery Community Fund -||||| |Young Start|-|18,053|-|18,053| |Postcode Community Trust|12,326|(5,940)|-|6,386| |Bank of Scotland Foundation|20,005|(20,005)|-|-| |GCC Glasgow Communities Fund|6,000|(6,000)|-|-| |Glasgow Life Creative Communities|6,085|(5,271)|-|814| |Scottish Government - New Scots||||| |Integration Fund|800|(800)|-|-| |Generations Working Together|-|2,599|-|2,599| ||45,216|4,636|-|49,852| |**TOTAL FUNDS**|60,096|(5,984)|-|54,112| Page 13 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **16. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Designated - Fixed Assets
**Restricted funds**
BBC Children in Need
Robertson Trust
The National Lottery Community Fund -
Young Start
Postcode Community Trust
Bank of Scotland Foundation
GCC Glasgow Communities Fund
Impact Funding Partners
Glasgow Life Creative Communities
Scottish Government - New Scots
Integration Fund
Generations Working Together
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
19,043
(29,405)
(10,362)
-
(258)
(258)
19,043
(29,663)
(10,620)
30,000
(15,000)
15,000
17,600
(10,600)
7,000
33,000
(14,947)
18,053
-
(5,940)
(5,940)
(20,005)
-
(20,005)
21,000
(27,000)
(6,000)
4,000
(4,000)
-
9,336
(14,607)
(5,271)
-
(800)
(800)
3,378
(779)
2,599
98,309
(93,673)
4,636
117,352
(123,336 )
(5,984)| |---|---| ## **17. RELATED PARTY DISCLOSURES** Other than those mentioned in note 10, there were no related party transactions for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **18. PURPOSES OF UNRESTRICTED FUNDS** General - the unrestricted, 'free reserves' of the charity. Designated Fixed Assets - the net book value of the charity's tangible fixed assets. ## **19. PURPOSES OF RESTRICTED FUNDS** BBC Children in Need - to support Ignite's free core programme for children and young people of drama workshops and public productions. Generations Working Together - to support the delivery of an intergenerational drama project, working with 12 older people over 26 weeks. Glasgow Communities Fund - towards the core costs of running a core programme of drama workshops. Glasgow Life - Artist in Communities Project - delivering outreach workshops to local people in the Community to include Care Homes, Schools and Older People. Postcode Community Trust - supporting free and accessible drama workshops for children and young people. Robertson Trust - to partially fund the cost of the Artistic Director post. The National Lottery Community Fund - Young Start - funding to support Ignite's free core programme for children and young people of drama workshops and public productions. Page 14 continued... **Ignite Theatre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **19. PURPOSES OF RESTRICTED FUNDS - continued** Glasgow Community Area Partnership - to support the Telling Tales Drama, through funding room hire, facilitation and catering costs. Turcan Connell Foundation - to fund a residential trip to Ayr. Page 15