CREATIVE STIRLING (a Scottish Charltable Incorporated Organisationl REPORT AND FINANCIAL STATEMENTS Year ended 30 June 2024 Company Registration Number CS005634 Scottish Charity Number SC046431
CREATIVE STIRLING SCIO FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2024 CONTENTS PAGE Trustees. Report Independent Examiner's Report 15 Statement of Financial Activities 16 Balance Sheet 17 Notes forming part of the financial statements 18
CREATIVE STIRLING SCIO TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2024 The Trustees are pleased lo present their annual report together with the fi'nancial statements of the Charity for the year to 30 June 2024, which are al$0 prepared lo meet the requirements for a directors, report and accounts for Companies Act purposes. The linancial statements comply with the Charities and Trustee Investment {Scollandl Act 20D5, the Charitie5 Accounts (Scollandl Regulations 2006 las amended), the Companies Act 2006, the Memorandum and Articles ofAssociation, and Accounting and Rewting by Charities.. Statement of Recommended Practice applicable lo charities prepafing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). STRUCTURE The Creative Slirling orgarkisation comprises Creallve Stirling SCIO {CSI and Made in Slirling CIC IMISI. CS is a registered charity and owns 1009kn of the share capital of MIS, which 1$ a Community Interest Company that pays all its profits to CS. MIS operates the gallery and creative space at 44 King Stffet In Slirling and is the trading arm of CS. MISSION. OBJECTIVES, PURPOSE AND STRATEGY Our mission 1$ to iD$pir¢ and ampllfy ¢reatlve activlty in Stirling. CS believes that culture and crealivily brings local communities together and is a posilnie force for good. Since 2012, the Charity has been working lo contribute sigrtrilicantly to the social, economic, and environmental regeneralTOn of the area. Cs's objectives are to make creative opportunities more accessible lo th8 entire community and explore sustainable ways to support gras$ rools arts and cultUl8. Our purpose is lo give our local community and creative talent indigenous to the Stirling area, access to opportunities to develop their talent, practice and skills as well as their enjoyment of arts and culture that is vital to promoting wellbeing and to strengthen our communities. Our strategy derives from the following principles, which give focus lo everything we do.. PEOPLE- we produce creative projects and activities for the enjoyment and enrichment of the people and communities of Slirling, promoting wellbeing and inclusivity. PARTNERSHIP- we stimulate and nurture creative opportunities through our collaboration wilh others by working to develop new partnerships within our community, with Education, Heritage and other Cultural Providers in Slirling. PLACE- we drive and energise creative industry through our projects and events, and Ihmugh our gallery and creative spaces in our premises at 44 Kir¢g Street in Stiding. A key aspect of our strategy is lo develop the business of MIS in order to provide a suslainable source of incom8 for CS lo continue and expand ils charitable activities. Our activlties sp8n a diverse ranga of projacts, workshops. and events that aim to nurture localt818nt and provide new. creative opportunities forthe entire community to engage with and enjoy. We have also been providingwork eKperience and volunteerlng opportunities to young people to help them develop skills. eonficlence, and career prospects. This year. our strategic initlBtives are centred around fost&ring 8mploy8bility and creating clear creative palhways for indlviduals in the community, malnlyto¢us8d on young people. We are collaboratlngwith local authorlty and third sector Drganisations, educational institutions. local artistsl creative professionals, and national organisatlons to offer skill-building opportunities.
ensuringihat pariicipants are equipped with the lools needed to develop their careers, mainly within the ciestive industries. These PBilnerships are designed to bridge the gap between education. skills development, and career opportunilles, empowering individuals and guiding them towards positive destinations. Our creative hub at 44 King Street, Stlrllng, continues to serve as a cèntral space for the community. ottering affordable studios, workshops. exhibltlons, And cuLtural events. The venue provides a pIBtfDrm foi local lalentto show¢a8e their workwhllfj also supporting professional development through accessible training and creative opportunities. W@ are pioud to work with a range of local and nation81 partners to ensure that OLJr initiatives support a holisii¢ approach lo personal and proltsssional devglopment. co118boiations with organisstlon8 like LGBTYouth Scotland, Siiriing Community Radio. and the National Flim ancf TV School Scotland help us offer tailored support to indlvidLrals from div8rs8 backgrounds, including those with additional SUk)port needs. Through these partneiships, we create inclusive. Greativ spaces thal also lo¢us on ment81 health and wellbaing, ensuiing that participarbts have ihe necessary r@souices to thrive boih personally and professionally. Thes& psytnerships are vltal in our efforts lo build a supportive network tor indwiduals se&kingto explore creative career pathways, gain employability skill$, and eFihance their overallwellbelng. Through collaborative ettorts, we continue to create meaningful opportunlties and promote the Erowth of the creallve communily in Stirling and beyond. Pattners LG8TYouth Scotland Our partnership with LGBTYouth Scotland focuses on providingtailored support and opportunities for young peoplB Wlthin tha LGBTQIA+ community. Through creative workshops. mentorship, and safe spyces, we empower LGBTQIA+ youth to express themselves, develop new skills, and build confid8n¢e. This collaboration ensuie$ that partiClP8ntS CAn engage in meaningful activities that promote personal growth and career development. while fostering inclusivity gnd well-being. In partnership with Stirling Community Media SCIO, we run the Community & Media Matters project, 8 three-year funded initiative that supports young people in learning vital digital skills. fhrough this project, participants gain hands-on experience in ptsdcasting, preSelatioN. and contont creation. This programme primarily largets young people facing socio-economic challenges, have protected charactoristics. experi8n¢lnE challenges with work and education, providing them with a creative outlet and valuable tools for their future employability. Our collaborallon with the National Film & TV School Scotland enhances our creative pathways by offering opportunities to meBt and lea¥n from experts working in the tlM arid TV industry. Following our Creative FulLJres event. we are now in IsGu8sions to dellver an event featuring talks and workshops led by professionals working in various jobs ¥vithln the industry. This partnership will rkrovide participants with direct a¢ce$$ to industry-5tandard education and mentoiing, openlng doors to c8reers in the media séctor. Through this relationship. we bridge the gap between education and prol888ional opporluniligs, offering aspiring cr&8tives the skills and connections nèeded lo succeed in the competitive creative industries. We collaborate with a network of skllled creative prole8sionals from a range of disciplines, Including media, design, performanee, and arts. Thgse professionals bring exportise, experience, and advice that wlll support our young people. guiding them towards positlve destinations. Whether through one-on-one guidance, industry insights, orworkshops, thase creative experts play a key role in developing the creative potential of our young peoplèlpartl¢ip8nts. By partnerlng with professionals who arè actlV8 through cr?ative, and occasionally non-cre8tive, industries. wg &nsure that our progr8mmes are aligned With current trends and offer tangiblo pathways for career proEression. Their involvement h8lps bridge the gap betwèèn creative edu¢Btion and profasslonal practice. oftering our participants invaluable networklng opportunities and real-world skills. Stlriingcommunlty Medla scio Natlonal Film & Pl School Scotland Ci88tlvty Professionals
Through our varlous projects. we have worked in partnership with many other organisations and creatlves. Find Dut more here. ttltwllWaIi£stlI drtnors1 Duringihey8arthe following events were run.. ACTIVITY CAMM Iconnectlcourses) July 7" 2023- June 30 2024 longoing) I Part of Natlon81 LotteiyFunded CAMM project VOLUME Cours8s- 12 Participants.. $4 DESCRIPTION Between 1st july 2023 and 30th June 2024, the Community and tvledia Matters ICAMMI 'Connect' element of the programme engaged 54 participants across 12 courses, including schools, youth clubs, and community organi5ations. 54 young people completed the CAMM course, earning employability certificates. After ongoing challenges engagÈng with schools. we finally had a brèakthrough en8aging with non-attenders and those not sitting exams. which proved effective. An avpra8È of 4 participants per sesslon. Success stories indude three course alumni hosting weekly radio shows, talks of suppoiting one internship with Sllrling Council Learning and Employablllty team. and others pursuing further education and training. Additional highlights include a Stirllng Univer51ty placement, monthly Creative Youth Assembly .%essions. and participation irb employability events, showcasing CAMM'S lasting impact in building skills, confidence, and opportunities lor young people. Cour5e5 delivered trncluded.. CAMM Group Stirling Champs Stirling Council Youth Team Mental Heallh Group CS Netwoiks Course Stratoglc Equity Group Istirling Council Employabllltyl Traveller Group IBainsford Community Centrel Killin Group Ochil House Group Dunblane High School Balfron High School McLaren Hlgh School Equity Outreach School Group Find out more-. www.crèarivestirlin -or camm This year, we delivered CAMM 'lnspire' sesslons across a variety of location%, promoting the Community and Mèdia Matters ICAMMI course and engaging young people In creative and careÈr-focused activities. These session5 int1uded presentation5, workshops15uch as Taskmasterl, tours of radlo studios, and careprs fair events, designed to showcase who we ale and thè opportunities we offer. Through these events. we reached a total of 1.203 participants, Ir15plring them to connect with the CAMM course and ihe creative industrie5. placès we dellyerèd sessÉons: "The World Made Me Dotty" event Young Care¥s Summer Fun Event St Mtsdan's HS SLtmmer Fun Dav StiTling HS Summer Fun Day Young Carers Ipre-leon and teen groups) Lavender Lives Group Lisa Steel GTOUP Stirling Community Radlo Launch Event Support for Families GroL¢P Allan's PrimAry Schoolyouth Group Stirling Champs Group Killln Youth Group CAMM Ilnspire Sesslon81 Jtjly 15E2023- June 3 2024 (ongoing) I Partof N8tion81 Lott8ryFund8d CAMMproject Inspire Sessions: 19 Pafticipants.. 1,260
Stirling HS Radio group Bannockburn HS Skill Group st Modan's HS Caioers Fail Traveller Community Group (Bainsford) St Mungo s HS Careers Fair Wa118¢e HS Ochil House Group Stirling Univarsity Group This year. we expanded our volunteering, work axperience, and placement opportunilies. creating pathways for young peopl to gain skills and move toward positive destinations. Three CAMM alumni now volunteer with us weekly, each hostingan hour of radio content while rec8iving ongoing SLJpport and guidance as they progies8. We are also in discussions with Stirling Council's Learning and Employability Team io introduce a paid internship opportunity lor a young peison, further enhancing our support for employability. In addition to weekly volunteeling, many CAMM participants continug engagjng wilh us through ad-hoc studio access, content creation, and onp-to-one guidance. We assist with applications, CVS. and porllolios, ensuringyoung people can Confidently take their next stops. Fourvolunteers trom our Lavender Lives project are actively contributing to Creative Slirling projects. including website design, event planning, workshop development, and the ongoing creation of our LGB T board game. We*e a180 facilitated worl( experisnce placemenis through schools, providingyoung people with industry insights. hands- on learning opportunltles, and a chanco to explore potential career p8ths. Additionally. wo delivered a successful Stirling Universiiy placemont. with the studenl gainingvaluable experience and continulng to volunteer wlth us to support tha CAMM courses. These initiatives highlight our commitment to empowering young people and fosterSngtheii creativa and professlonal growth. In SLrmmer 2023, we h05ted a Yayoi Kusama-inspiied @xhibition with local and refugee families, tiansforming our gallery inlo a colourful, Interactive space. The exhibition Ivatured bold paintèd walls, a laige wig sculpture created by M8tlhew la young participant accepted into a Set Design & Constructlon ¢ourse atThe CDnseivatoir61 and three large-scale interactive apier-maché bAlls (created with the help of ourwork exp&rience stLrdentsl. A mural wall and ¢reative table allowed visitors to add their own papei dots. providing a fun. interactive space during the summer holidays. Funded by The Arts Society of Stirling and Forth Valley, the event celebrated crgativity, communlty, and connection in a jo ul, participatory environment. We continued our paTtnershlp with Stirling Champs. 8UPPOrting car8-experign¢ed children and young people. W¢ regularly support by r4Jnning creative. educational, and team building Sessions. Some nolable Bctlvities Include: Older participants joined the CAMM course, while Sam and lade delivere(J fun sessions lortheir younger gTOUPS over the summer 2023. Volunteering & Work Expèrlence July 1"2023-June 30, 2024 longoingj I Support Element of N8tion41 Lotteryfunded CAMM project. Also a development of Youth Link Funded L8v8nder Lives I In pgrln6rship wlth LGBT Youih Scotl8nd& Stirling CommuniÈyR8dio & Stirling Univstsity Volunteers.. RadiD'. 3 Lavender Lives.. 4 Work Experience'.3 University Ptacem6nt'. 1 Support: 15 'ThèWorld Made Me Dotty" Workshop & Exhlbitlon July-August 2023 | FundedbyTheArts SocietyStirling& Forth Valley Workshops participants.. 30+ Exhibitlon visitors: averagè 240 pld, Stlrllng Champ$ July ?&f2023-June 3. 20241ongoingJ I In P8rtnership with Stirling Champs Participants= 50+ young people Thlg OYhIbion toDkpiEcedur1ngpkVlIO[IiMb$, whenthe¥tr'ss fflfluxof tlIEt$t1rt1Tr
Wè supported thelr Care Experience Weak event at CodoBase, which included talks trom young people lo corporate parents, interactive te¢h aclivitl8s Irom tenants at Codebase, and we deliv8red two creative activities. Regularly attanding social visit5 to their space for rlinner and activities Took part in an Aprilteam buildbngtrip to play laser quest in Braehèad, Gla8gow. Also helpingthem to plan their Christmas Prom in December 2024. Creatlve Stirling, LGBT Youth Scotland. and the Unlveisity of Stirling released the Forth Valley Prido consultation to geuge inte¥e8t in10¢81 Pride celebratlons. Of the 296 responses, 91 supported the idea. Residents shared preterences fc)r location. timing, key eloments, and 8¢céssibility priorities. Followbngihe ¢onsultation, it was our goalto support a local cc>mmittee in plknning FV Prlde. with backing from organisation5 and encouragement for local busln8sses to host their own Pride events. From this consultation, a Forth Valley Pride (now n£med Stirling Prldel committee was established. We contlnu& to provide ongoing support and hav8 helped three young peop16 transition frpm their time with LGBT Youth Scotland to joininE the commiitee. fullilling a goalthey expressed during the procBss. Stirling Pride wiu run on September 21" 2024. Wo 2re currently planningto run the Youth Zor5e at Creatlva Stirling Venue, in partnership with LGBfYouth ScotL8nd. Find out more: htorea£lYe£IitIlTrÈ.org1fv.ptl[J£ Our 12 Gultars programm8. running since 2021 in partnership wbth 12 Gt]itars, Dffered fTec, group Eultar iuition to young people t8rgeted through various channels. This year. we contlnued delivering weekly gultar sessions In partnership with 12 Guitars before deciding to discontinue ihe programme in May. Barry, a key supportor. stepped back in january, leacling us to combino beginner and inlermediaie groups while recrLEiting and trainingthree new volunt8eFS. Howovor, frequent cancellations du8 to scheduling conflicts and funding challenges impacted the programme, and we had to discontinue the project. De8Plte Iheso issues, the sessions provided free music leBrning opportunities to over 25 children and young people over three year$, 2nd we hope to revive a similar initiative in Ihe tuture. "The Stirling Pioneers.. Filmmakers Who Changed the World" was a multiinedia exhibition celebrating local filmmakers Norman McLaren an(5 john GriersDn. It explored their legacies through film screeninES, visual storytelling. and muTals by street artist Elph. Youth volunteers played 8 key role in bringing the exhibition to life. Supported by Go Forth Stlrling and Karl Magee from the Universlty ol Stirling. the exhibltion highlighted the fi1MakerS, global imp8cE and celebrated local ¢reativity- As part of Stirling Science Festival, we partnered with the Marine Conserv8tion Society for an event on ocean conservation, empowering youngvoices to protect the planet. The event leatuied films on the So¢iety's work. group discussions on protecting the ocean, and a creative placard- making activity. Focused on familias and young people under 25, the 8v8nt encouraged advocacy and community aetion, Stirting Pylde July 1" 2023- June 30, 2024 {ongoingl I Developmentol Youth Link Funded Lavender Lives I In partnership wlth LGBT Youth Scotlartd & StirlingPride Consultatlon Partlcipants: 296 Young Peoplewho joined committee:3 12 Gultar$ July 1" 2023- M8y2024 Participant8'. 13 Grierson & McLar$n | The Stiitlng Pioneer5: Film Makers Who Chang8d the World September- October 20231 Funded by Go Forth Stirling Visitors.. average 90 pld Th8 Wave: Marine Cons¢rvatlon Workshop October20231 Funded by British Science Festival, in partnership with The Marine Cons8lli8tion Society Workshops.. 2 Particlpants: 30
highlighting the role of educatlon and ¢reativity in environmental protectlon. In partnershlp with New College Lanarkshire. we collaborated on an initiative whe¥e HND students planned and delivered a workshop foi our local and New Scot ¢hildren's group, as parl of their'communlty, module. The Eludents designed activities like palnt twister, piaydough-making. and T-shirt decDrating, gaining hands-on @xperiencg In woikshop delivery. The sesslon allowed studtsnts ro explore career options, wilh some dlscovering an interest in working with children. The workshop was a fun, creative experience for the children and provided valuable skill-building opportunltles for both students and the community. Creative Stirling rec8ived Youthlink Scotland Arts Funding to deliver a yoar-long project in partn8rship with LGBT Youth Scotland, supportlng LGBTQIA+ young people (ages 13-25} wlth tt focus on improving mental wellbeing, empowèrment. transferable skills, and èmployability. The prorect, whi¢h runs until Scptember 2024, has included activities such as board game design, comic book creation, cake decorating, crochet, ceramics, queer mapping, and two trips to the Glasgow Print Studio. Upcoming sessions will cover animation, SFX, 8nd podcastiftg. A key development, the LGBT Bosrd Game, began as 8 team- building activity but has ovolved into a project Wllh professional input and contributions from youngvolunteers. Plans are in pl8¢e to develop it into a real game. This initiatlve has lostered confiden¢o, creativity, and communily connectioiis, with some participants volunteering with us and joining the Stirling Pride committee. Many heve developed skills toward luture creative careers. We are in discusslons with LGBT Youth S¢otland for continued collaboration to support the ongoing growth of young people In the future. Find out more here- hlLpS'llQ&[lsu[llrEiIVttslOQ Int8r8ctive Play October2Q231 In partnership with New College L8narkshire Participants.. 10 Students.. 7 Lavender Live$ Octol)6r2023-June 3(Y 2024 (ongoingj i Fundsd by Youthlink Scotland, in rtnership with LGBT Youth Scotland Workshops/events'. 15 Participants.. 70+ Creatlvo Youth As$vmbly Novembor2023 - June 3U' 2024 (ongoing) I Part of N8tion81 Lottery Funded CAMMpro]ect Workshops.. 9 Members.. 46 Creative Youth Assembly ICYAI, part of our Community and Media Matt•Y$ project (now known as"Grow~l and is a monthly progiam lor young people aged 13-25, co-designed with members to explore ¢aroors Bnd connect wlth professionals, malnly in creative Industries. So far, wg have delivered.. Ceramics with Jade Diamond Art Christmas Plannlng Session Media and Advertising wlth'media Zoo. Fashion with CarinB Rose File & Res¢Lte careers with Scottish Flre Service Illustrat0 WiEh Dandy Tiger Study Session Creattve Futures Careers Fair event Graphic Design and Animation with Sup8rlecti¢ Parllcipants reported greater career Insights and networking opportunities, while the pyogram provlded p2id work loi artists and strengthened our partnerships. Find out more: VWlWLQteativestidLDgwoya "Comin, Oot'7" is a youth-designed board game from our Lavender Lives Project. inltially créated as a team-building activity for the Triangle LGBT Youth Scotland group. ComSn' Oot Board Game December2023-June 30" 20241on oingji Volunte&rs-. 4
Developed during Yourhlink fui?dedprojert, & continued fundingfrom LJns8&n Unho8rO, SVE& YDUthlink lor2025. 1 pailnvrship with LGBT Yottrrh Scotland & Unseeii Unh$8rd Recogni8ing its potèntlal, we now have IoLifyoLJth volunt6er$ who are leodingihe game's design and logistlcs. Thls ha8 PfDvidtrd them with industry cxperi8nc9 and helped to expand Iheli creative alld 8ployab1lI1¥ skills. rhe purpose of the game is to b@ u$èd as a taol for young people lo explore thpir id8ntities, feel Jccopted, and share their experiences wilh friends and family. We are now partnerillgwith Uns6en Unheard, In a(Jdition to LGBTYouth SrotlaTrd, tn develop the gam8 Mth support fiom thB National Libra iy of Seotland (who plan to archive the gamel, and Edinburgh Unwersity'b Game lain gr0p Iwho will playtest In ?025, we aim to expand the pioject by 8ocurlni lundlng, galhèring real-life LGBTQIA+ Stories. and cieating tailoro(J vgrslons lor LGBT Youth Scotland gi'oups. Our goal is to produce th8 game forytsuth gioupb, with pote.ntial to spll copies of the game, using funds to Support ftjture LGBTQIA+ youth initialives. In Novembor 2023, we launched Art Opportunities, an exhit)ition In pallnership wlth Seottlsh Autism, featuring diversg fange of artworks by service usgrs, including animation, painting. sculptUl8, aTrd texiiles. The event celebrated the aTtISlS' 181enr and 8chlevemenls, fostering conimunity connoctlons. The exhibition showcased work created in 8 vocotional day seivi¢e that helps Individuals with 8Uilsm develop tlieir artistic skills. Featured artlsts sbared how art posllively impacted their lives, with many piec0$ tsvailoble for purchase at a pop-up shop, SLJPPOrtinE local aitisls and Scottish Autism s&Nices. We p8rtne¥ed with LGBT Youih Scotland's Dl8italTeam on an animation project funded by Cyber Security Scotland to teoch young pe)plg JfJout cybei iesllieiice. Over pi8ht sessions. led by LGBTYS digitalyouth worker Alan, and Sam lovr Coirmunity Development Officorl, p8rtiGIpnlS learntrd 10 2nimate ¥vith'ProCre8te' ond created o Eame-81ylg anlrnalion focusing on kèy cybpr securily rule.8. The young people greatly improvcd their diOtal skills, worked colldboratively. and ftsrmed lastingfrlendships, with lour oontinuing to volunteer and apply theii. new skill5. Flnd out more information and watch the 8nlm8tion here- A Tt Opportunlties Nov8FFTrber2Q2411Tr partnerbhip with Scoiilsh Autism Arti8t8'. 20 Visitors: 8verage 1BOpld Cyber Rg5illenc8 AnimBtlon Prolact J8nuary- MarGh 2024 | In partnership with LGBT Yolrth SLutlandDigii&l (LGBT YS lunued project by CyberS8curity Scofiandj Worlcshop5'. 8 Participants.. 7 "Gattlng Thèré" Exhlbltion Fobruary-morck) 2024 Visitors.. averag 150pld 'Gptting Th8re" was 8n exhibition at Gallery I cglebraiing CreE311vp Stirling's impact, featuring a mural of yOLrth partlclpanls, displays Df key prolect%, partngrships. and 8chiovemènts, and an archivg wallwith memorabilia. Youth volunteers play9d 8 key role in bringing Ih8 oxhiblLlon io life. Vislturb shared idp2s on an irkteract'iit wall and watchod a screened interview froin Director, The exhibition highlighted Crealive Stirling's history, coinmiinlty conn8ction8. and future aspiratlons. Ticketed lundmiser evont held io rai89 moneyto support Creative Sllrting. In partnership with Incal band'constant Followper" Nhcj o-ginrsed Jn Irrredible line i',s. including Constant Followèr: Sp8ciAI Fundr815er for Crehtlve Stirling 17h Febrn&Ky20241 In partnership wifh Constgnt Follower& local mu5rGians Attpndants- 90
AppropYi8to Appiopriatlon Febru8ry2024 | Fundgd bySiirlffng& Forth V&lloy Arts Society Workshops.. 2 Panicipants., 20 In Fobruary 2024, we hosted a creative workshop for chllclren and young penple, exploring ai"I Inuvements and fost8rlng friendship5. Funded by Stlrling & Forth Vall6y Arts Society. the qession iarggtgd partlclpants lacing adversity. including Yemllles trom EDI Priority groups. Divided by age, two workshops were delivered. led by our Communlty Suppori Jade, nd explored lechniques like F8uvlsm, Pop Ail, and Street Art, with teens also focuslng on poitfouo-building Jnd 8 Studio visit wlth artI.%tpartICipnts repoited increased conlld8nGe and new slcills. while members of the Art8 SoLi6ty raiscd the workshop'b impact. slren rhenin our Pdrtnershlp. In 2022, fctrllowinLi rBfleciions on previous In8pir8 sessions with Siirlingyoung Carors ISYCI. we identified a need to better contr)ocl with theyoung people involved. l.atèr in the year. SYC approaGhed us about Gonlributing t*elr annual'young Carers Day" in MBrch, themed°Actlon Day," which focused Dn mploygbility. fhls Inspired us to develop o Creative Industrla8 Careers Falr. offoring hands-otTr. drO1n activSile$ led by creative profe88ionalb. The event fealur8d.. Youngcarerg Action Day M8rch 20241 Partof Nation81 LotteryFtsi)ded CAMMpruject. In partneiship with Stirling Youngcorors Staiions.. 10 Parlicipanls: 20+ Stilling Communlty Radio raclio and podc&stingi The Dandy Tlger lillustrationl The Penned Guinn (comi¢8 ancl l<ickstarter campaigrnsl The wgn was a rosoun Ing su¢c8SS. With young people exploring creative activities while engaging wirh prole5siofkals in ihriving Greative careers. For many, li was thelrtlrst exposur8 to these caieer paihs. sparking inspiralon and inter8St in new opportuniii8S. Lookin% oheE)d, we'i8 planning a slmilal evgnt for March 2025, themed"Give Me a Break," whlch wlll locus on wellbeing. We've also agi.eed ro collaborate wlth SYC on 8 CAMM course In summer 2025 to maintaln engag8ment and provide further opportunitl8S. SartTr facilitated two creativg sessions for Prlmary 3 pupils Irom Allan's Pfimaiy School atcreattve Stiriing, as part of Stirling Couiicil's'Stli15ng 900, projact. I'he sos8Ions focused on the local folklore tale of the'&lrling Wolf, a herDiG wolf that saved Stirlingfrom a VlklnE attack in the 9th century. In tho first sossion. pupils worked in groups to writv five- Sentence poems, each cov81inR a section ofthè $tory to ¢rBate a colleboratlve ret8Lling. In tho socond session. they brought their pooms to litc through shadow puppettheatre. Guldgd by Sarn and youth volunt88r Matthew, the chlldr6n ¢redted shgdow puppets and performed their intgrpretdtioris of the tale. Th& pupils displayed cr88llvlty and teamwork, wilh M8tthew providing odditional support to neurodiverse stud9nts to ensure everyone could participate and enjo lh8 8xpuri9nce. Cr8atlve Futures was an èvgllt dev&lopecl through our Lavender Llves and Commurhity and Medio Matters Projects, Alan$ Prlmaryschotsl May2Q24 I In partngrshlp withAllan¥ Prim&ry School Workshops.. 2 Participants- 25 Creative Futures: Youth Psthw&ys Evvnt Statiors: 11 Participants.. 37 10
May20241 F¥itof Youth Link Funded Lavender l.ives & Natior181 Lnttery lundod CAMJllpiojeLI. In pE)rtnorship with LGST Youth Scoiland & Stirllng Cvmm(IiiityR8dio buildlngon rhe "Young Carvrb Actioii Day" pvent. It vYa5 advertised to Porricipants from both projecls, thi'ougliout neiworks, and to Ihe widgr publ1¢. wlth prornotiun Ihrough local 58rviGes, partners. FAnd social media io engage new young PÉCple acrnss Forth Valley. The purpose ofthè eveni was to increase awar&nes$ of creat¢ve industry careers. Thc cvent featur&LI creative professbonals. artists. and organi$ation8. almlngto boosi employablllty and transferable Skills while connecting 8ttondeeB to resources like ACES (Access io Creative Edu¢ation Scotlandl. Forth Valloy College, LGBT Yciuth Sccitl8fEd, and the Nationat Film & TV School ACES Acc.p..g£ to Credlive E&'uc¥tion Scotlandl The Dandy Tiger lillustrdtitsnl LGBf Youth Scotland ILGBTQIA+ youth services) Forth Valle Colle coi'aiidljudith Milnè Ifllm Slirliiig Cuiiiii)uiiity Radio Iiddio & podcasting) FINANCIAL REVIEW Results for the yoar CS operates as a social enleiprise, generating income Ihrough ils trading subsidiry, MIS, from our core community tenan15 who operate fvom Our creative venue space at 44 King Street. Now our ¢harlty and our communities are living wllh the eftc15 of the COLC. we cDnlir)ue lo identify new ways to gener8ta income. MIS has room for growth and we are confident that our tradin9 arm will conlinue lo provide rinancia! resilience through ihe current ohallenging limes. scross arts and culture and comryunity, grants lo support our charitable aelniities become harder to find. The results for the year are sel out in the Statement of Financial ACtlI18S and show good recovery from a deficit of £58,177 in 2023 to a surplus of £22,036 in 2024. The recovery was achieved malnly from slgnfficant effi'ciency savings and securing a series ot grants, as Sel out in Note 13 to the accounts, as well as additional in¢ome arising from the Iradiny subsidlary. Total expenditure far the year amounted lo £184,240 {2023.' f247,8061. At the year-end total charitable funds were £41,9910l which £41,512 were re51ricled. Investment Pow8rs and Poll¢y The Trustees have kept available funds in currenl accounts owing to op8ratlonal liquidity quIrernents. Re8eYvo8 Pollcy and Going Concern The organisation's aim is lo maintain reseNés of over £80,000. At the year-end almost £74,000 was achieved, ¢105e b the target The trading subsidhgry continue5 to perform above target and there Is confidence in growth of funding from that source. The Trustees have approved a budget for 2024125 that seeks to further recover the financial feserves of Ihe Charity. The Trustees have reviewed the circumstances of the Charity and considér that adequale resources continue to be available lo fund the activities of the Charity for the foreseeable future. Plans for Future Periods On 30 January 2025 the Charity received notice of a 5UGGessful bid lo Creab've Scotland for multi-y funding. The award amounts to £376.000 over the next 3 rC31 years. The award provides addib'onal financial stability lo allow the Charity to further develop and fulfil its charitable objectives.
Signed =n beh¥lf of the IrLrstees 12
CREATIVE STIRLING SCIO TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2024 Trustoes, sponsIbIlItIeS In relation to the flnancial statements The Trustees are responsible for preparing the Tfuslees, Report and the financial statements in a¢cordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare financial statements tor each financial year which give a true and lair view of the stale of affairs of the Gharitable company and of the incoming resDur¢es and application of resources. including the income and expenditu. of the charitable company for that period. In preparirig the financial statements the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the method and principles in the applicable Charitie5 SORP., make judgements and accounting estimates that are reasonable and prudent., stale whether applicable UK accounting standards have been followed, subject to any malerial departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is irsappropriate lo presume that the charitable company will continue in business. The Trustees are responsible for keeping proper accounting CordS which disclose with reasonable accuracy al any time the financial position of the charity and to enable them lo ensure that the financial slalements comply with the Companies Act 2006. They are also responsible for safeguaTding the assets of the charity and hence taking reasonable steps for the prevenb'on and detection of Iraud and other Irregularities. The Trustees are responsible for the maintenance and integrity of the corpordte and financial informalK)n on the charitable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial slalements may dtffer from legislation in other jurisdictions. STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appolntment of Trustees As set out in the Articles of Association, the Trustees are appointed by resolution of the other board members and their experience, knowledge and skills are taken into consideration. New Trustees undergo an orientation day lo brief them on their legal obligations under charity and company law, the Scottish Charity Regulator's guidance on Trustee duties, and inform them of the content of the Memorandum and Articles of Association, the committee and decision-making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other Iruslees. Trustees are encouraged to attend appropriate external training events where these will facilitste the undertaking of their role. Organisatlonal structuv8 The Board of Trustees, which can have up to 11 members, administers the charity and normally meets quarterly. An Executive Director is appointed by the Trustees lo manage the day-lo-day operations of the chaiity and is also a full member ol the board. To facilitate effective operations, the Executive Director has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment and creative acl¢vity. 13
CREATIVE STIRUNG SCIQ TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2024 REFERENCE AND ADMINISTRATION INFORMATION Trustees The following served during the year lo signing.. Executive Director Prlnclpal Office 44 King Street Stirling FK8 1AY Company Registration No.. CSCQ5634 Charity No.. SC046431 Inde ndent Examiner Arm in Arm Accounting Alloa Business centre Alloa Business Park The Vvhins Alloa FK10 3SA Bankers HSBC 2-6 Murray Place Stirling FK8 2DD 14
CREATIVE STIRLING SCIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 I report on the accounis of the charlty lor the year lo 30 June 2024 which are set out on pagas 16 to 26. Respe¢tlve responsibilitie8 of tho Trusteos and Examitt•r Th2 chaty,8 Trustees are responsible for the PTeparation of the accounts in accordance with the terms of the Charities and Trustee Iriveslment (Scotland) Act 2005 and the Chariti8s Accounts (Scotlandl Regulations 2006 (as am8ndedl. The charity s Iiuslees consider that the audit requirement of Regulation 10(11 lal to Ic) of the Accounts Re9ul8ts'ons does not appty. It is my responsibality lo examine the accounts as requlred under section 44111 Icl of the Act and lo slate whether particular mallers have ¢orne lo my atlenlion. Basi5 of Independent examiner's ststement My examlnation is carried out in accordance with Regulation 11 of the Chanlies Accounts (Scotlandl Regulations 2006 las amend8d). An examination inclLtdes a review of the accounting records kept by the charily and a comparison of the acoounls presenlgd wlth those Tecords. 11 also inclLsdes consideration of any ullusual items Dr disclosuies in the a¢¢ounts and seeking explanatlons from the trustees concerning any such mallers. The procedures undertaken do not provide all the evidenGe that WOLtld be required in an audit, ancl consequently I do not express an audit opinion on the view given by Ihe accounts. Independent examsner's $tstement In the course ol my examination, no matter has come lo my allenlion.. 1) which gives me reasonable cause lo L*lievé that in any material respect the requiremenls.. lo keep accounting rècords in accordan¢o with Se¢lK)n 44 {1 Ila) of the 2005 Act, Regulalion 4 of the 2006 Accounts Regulations las amendédl, and of th8 Companies Act 2006 ,' and to pr8pare accounts which accord wllh the accounting record5 and comply with Regulation 8 of the 2006 Accounts Regulations las amended) have nol been mel; or 21 to which. in my opinion, aller71ion should be drawn in Order to enable a proper understandlng of e &counts to be rea¢hed. Arm In rm ccoun Ing Alloa Business centre loa Business Park The Whins loa FK10 3SA Date.. 241h March 2025
CREATIVE STIRLING SCIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 Noto Unrestricted Funds 2024 Restrlcted Funds 2024 Total Funds 2023 Total Funds Income and endowments Donations and legacies Charitable activities Investments- bank interest 1,544 83.133 1,544 204.732 839 188,736 54 121,599 Total Incomo and endowments 12 206 276 189 Expendlture Charitable activilies 80,155 104,085 184,240 247.806 Total expenditure 5 184 240 247 806 Net incomg 4,522 17,514 22,036 158,177} Net income and movement In funds 4,522 17,514 22,036 158,177) Total lunds brought fonvard 13 14,0431 23,998 19.95S 78,132 Total funds ¢arrled fonvard 13 The Charity has no recognised gains or losses other than the results for the year as sel out above. All activities of the Charity are classed as ¢onlinuifjg in the current year. The notes on pages 18 10 26 are an integral part of these accounts. 16
CREATIVE STIRLING SCIO BALANCE SHEET ASAT 30 JUNE 2024 2024 Unrestricted Funds 2024 Re8trioted Funds 2024 Tolal Funds 2023 Total Funds Note Flx•d assets Tangib5e assets Inveslmerk18 53.654 53.654 61.989 Total flxed assets CuThent a888ts Debtors Cash at bank and in hand 10 7,107 7,107 3,259 Total currenl assets 29,022 29,022 43,195 Liabilitie8 Creditors falling due within one year 11 4,356 12.143 18,499 59,430 Nat current ass?ts 24,666 {12,1431 12,523 116,2351 Total a88ets les8 current Ilabilitlos 24,666 41,512 66,178 45,756 Creditors falllng due after 06 year 12 24,187 24,187 25,800 Net assets Funds ofthe charlty unrestn.cled funds Restricted funds 479 479 41,512 14.043) 23,998 41,512 Total Charity funds 13 The notes on pages 18 to 26 fomi an integral part of these accounts. The accounts were approved by the Trustees on 241h March 2025 and signed on their behalf by.. 17
CREATIVE STIRLING SCIO NOTES FORMING PART OF THE FINANCIAL STATEMENTS ASAT 30 JUNE 2024 1. Accountlng Policies The principal accounting policies, which have been applted consistently in the year in dealing with items which are considered material to the accounts, are set out below. Basls of accounting The financial slalements have been prepared under the historical cost convention with items recognised al cost or transaction value unless otherwise slated in the relevant nole{sl lo these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 {effeclive 1 January 20191 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS1021, the Charities and Trustee Inveslmer71 IS¢olland} Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 las amended). These financial statements contain information about Creative Slirling as an individual charity and do not contain consolidated financial information as the parent of a group. Creative Stirling meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recorded al hislorical cost or transaction value unles5 otherwise slated in the relevant accounting policy nolelsl. Fund accotfnting Funds are classified as eilhÈr restricted funds or unrestricted funds, defined as follows.. Unreslricled funds are grants and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. The Trustees may designate from time lo time some of these reserves for specific purposes and activities. All unrestricted reserves are currently undesignated and held in general funds. Any restricted funds are to be used for specific Pltrposes as latd down by the donor. Expenditure which meets these criteria is charged lo the fund. Incom& All income is included in the statemenl of financial aclwilies when the charity is entitled to the income and the amount can be quantified with reasonable accijracy. The following specific policies are applied lo particular categories of income. Donations are included in full in the statement of financial acllvities when receivable. Donated assets are included in the statement of financial activities where the benefit to the chariiy is reasonably quantrfiable and measurable. The value of the donated assets is the eslimaled price the charity would expect lo pay in the open market for the equivalent assets. Income from charitable aclnilties are a¢Unted for when earned in accordance with the dale of the event. Income from grants where entitlement is not conditional on the delivery of a specifi'c performance by the charity, are recognised when the charity becomes unconditionally entitled. Income related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Income from the sale of merchandise is recognised upon re¢eipl of income. Investment Income is included when receivable. 18
Where performance conditions are attached lo income and are yel lo be met, the income is recognised as a liability and included on the Balance Sheet as deferred income to be released. CREATIVE STIRLING SCIO NOTES FORMING PART OF THE FINANCIAL STATEMENTS ASAT30JUNE 2024 1. A¢¢ounting Policies {cont.} Expenditure Expenditure is recognised once there is a legal or constructive obllgalion to make a payment to a third paty, it is probable that selllemenl will be required. and the amount of the obligation can be measured reliably. Expenditure is shown inclusive of irrecoverable input VAT and is classilied under the following activity headings- Costs of raising funds comprise the cosls of fundraising. Expenditure on charitable activities includes the costs incurred by the charity in delivery of its activities and services to ils beneficiaries and their associated support costs. Judgements and key sources of estlmation un¢¢rtalnty 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 factor5 that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only Ihal period. or in the period of the revision and fvture periods where the Tevision affects both current and future periods. Fixed Assets All tangible fixed assets costing in excess of £500 and having a value to the charily greater than one year, other than those acquired for specific purposes, are capitalised. DePClaI10n is provided on a straight-line basis lo write off the cost or initial value, less residual value, of tangible fixed assets over their eslimaled useful lives.. Leasehold Improvements FixlL41e5 & Fittings Computer Equipment Plant & Equipment 10% on cost 12.5% on cost 25°h on cost 25% on cost Invèstment The investment in the subsidlary company, Made in Stirling CIC, is recognised at Cost. Flnanclal in5twments The charity only has financial assets and liabilities of a kind that qualrfy as basic instruments. Basi¢ financial inslrumenl$ are initially recognised at transaction value and subsequently measured al their selllement value. Penslons The Charity operates a contribution Sche for members of staffs prlvate pensions. Taxation Creative StITling is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. 19
CREATIVE STIRLING SCIO NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2. DonatloTrs and legacles 2024 Unrostrictèd Funds 2024 Restricted Funds 2024 Total Funds 2023 Total Funds Donations 839 Income from donations and legacies was £1,54412023:£8391 all of which was unrestricted income. 3. Charltable activitles 2024 Unrèstrlct6d Funds 2024 Rèstrlctfjd Funds 2024 Total Funds 2023 Total Funds Commisslon from shop sales Rent received Rent received - Made in Stirling CIC Memberships Events Other income Contribution from Made in Stirling CIC Grants - performance related 1.021 66.000 1,021 66,000 6,076 66,ODO 2.162 2,162 2,672 14 18,150 11,850 11,850 123 699 121599 Income from chawitable activities was £204,73212023.' £188.7361 of which £83,133 (2023.. £132,073) was unreslncted income and £121,599 {2023'. £56,663) was reslrlcled income. 20
CREATIVE STIRLING SCIO NOTES TO THE FINANCIALACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023 4. Analysis of expenditure 2024 Unrèstrlcted Funds 2024 Rgstri¢ted Funds 2024 Total Funds 2023 Total Funds Charitable expenditure Rent and water rates Artists, costs Event costs Wages Employers, Nl Employers. Pensions nsurance Light and heat Telephone Postage and stationery Community developmenl Repairs and renewals Computer software and IT Advertising Licences Donations paid Depreciation charges Bank charges Accountancy fees Independent examiners fe8 Legal fees other expenses {2,1141 5.399 (2,1971 14,3111 5,399 4,269 114,857 4,498 2,365 8,414 20,928 485 25,000 5,549 10,037 129,934 8,559 2,662 8,730 21,825 852 39 4,269 70,275 2,734 1,438 4,299 10.692 248 44,682 1,764 927 4,115 10,236 237 7,074 7.074 1,880 1,039 564 1,261 537 285 569 298 1,106 583 1,260 8.335 50 1,786 368 2,025 363 1,260 8,335 50 3,644 750 4,141 39 6.759 66 4,986 750 3,051 1,858 382 2,116 30 Support costs have not been separately idents'fied as the Trustees consider that there is only one Charitable activity. Expenditure on charitable actsvits'es was £184,240 {2023-.£247.8061 ofwhich £80.15512023.'£200,661) was unrestricted and £104,08512023.' £47,145) was reslricled, 5. N•t result This is staled after charging.. 2024 Total 2023 Total Independent examiners, fees Depreciatlon charges 750 750 21
CREATIVE STIRLING SCIO NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 6. Analysls ofstaff Gosts 2024 Total 2023 Total Salaries and wages Social secuiity costs Pension Costs 114,857 4,498 129,934 8,559 The average number of employees on a headcount basis during the porioii was 612023.. 61. No employee had employe8 benefits in excess of £60,000 in 2024 or 2023. During the year the Charity Operated personal pension plans for 811 employees. The Charity's contiibution is 3%12023= 30hl of s81ary. The Charge forthe year was £2,36512023.. £2,662) of whlch 237512023.. £7551 was outstanding at the balance sheet date. 7. Trustees, remuneration and related party trans8¢tion$ No trustee received remLJneration during the current or prior year fortheir services as a Trustoe. During the year no Trustee was reirnbursed12023.' nono} in relation to general expenses purchased on behalfofthe Charity. A donation of £10,00012023'. £18,150) was received frorn the subsidiary company Made in Stirling CIC. Rental income of £99,00012023.' £66,000) was recognised from Made in Stirling. At the year end £39,60012023: £nill remains due from Made in Stirling to Creative StirlinÉ. At the yeai end £3,46812023: £2.4941 remains due from Creative Stirling to Made in Stirling lor reimbLtrsemenr of expenses. 8. Flxed assets Leasehold Cornputer Equipment Equlpment Plant &Total Machinery Cost As at 1 July 2023 Additions As at 30 June 2024 65,603 2.294 7.021 74,918 Depre¢iatlon As at 1 July 2023 Charge for the year As al 30 June 2024 {5,3961 11,7141 S73 {5,819) 112.929) Net book value as at 30 June 2024 Net book value as at 30 June 2023 22
CREATIVE STIRLING SCIO NOTES TO THE FINANCIALACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 g. Investments 2024 2023 Investment in subsidiary company As at 1 Juty 2023 Additions As at 30 June 2024 The Charity owns the full issued share capital of Made in Slirling CIC (Company number.. SC6979481.Extra¢ts from the unaudited financial statements of Made in Slirling CIC are provided in note 15. 10. Debtors 2024 Total 2023 Total Other debtors VAT debtor Amounts due from subsidiary Prepayment$ and accrued income 5.340 1,723 3,215 44 44 11. Creditors falliny due within one year 2024 Total 2023 Totsl Trade creditors Loan Social se¢urity and olher taxes VAT Pension liability Amounts due to subsidiary Other Creditors Accrued expenses 1,946 2,782 6,450 4,062 29 755 2,494 9.440 2.715 375 556 9.740 12. Credltors falllng due after ong year 2024 Total 2023 Total Loan - due 1 to 2 years Loan - due 2 10 5 years 6,450 23
CREATIVE STIRLING SCIO NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 13. Movement In funds Asat 1.7.23 Asat 30.6.24 Income ExpendSture Transfers Unrestricted fund General fund Capital fvnd {53,0681 84,677 80,155 148,3481 Restricted funds Digital Skills Youlhlink The Robertson Trust Ross and Liddel Employability Fund Zero Waste Scotland Creative Scotland National Lottery Young Start 23,998 23,998 15,000 20,324 500 19,632 3,625 10,079 15,000 26,000 500 19.632 3,625 24.057 5,676 13,978 121599 Fund purpose$.' Unrestrlcted funds.. General fund Capital fund Represents the general giving and expenditure of the charity. Represents the improvements made lo the shop property. Restrlctod funds.. Digital Skills Youthlink Nats'onal Lottery Fund- Young Start The Robertson Trust Employability FLtnd Ross and Liddel Zero Waste Scotland Creative Scotland Digital skills project LGBT youth arts programme Community and Media Mallers ICAMM} project delivery Matched funding for CAMM and youth project Matched funding for CAMM and youth project Donation Development of Slirling stjstainable futures project Development of Forth Valley creattve economy network 24
CREATIVE STIRLING SCIO NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 13. Movement in funds (cont.} comparatlvos Asat 1.7.22 A$at 30.6.23 Income Expenditure Transfers Unrestrlcted fund General fund Capital fund 9,635 132,966 {195,6691 {53,0681 8 132 132986 200 661 Restrlcted funds Business recovery Cinema for all Animation 20,ODO (20,0001 11,3701 14,7751 17,4541 15001 14001 {2,3881 1,370 4,775 31,452 500 400 2,386 5,520 9,270 491 499 23,998 Coding Community pride Internships Kitchen Community right to buy Community development Social interaction 15,5201 19,2701 (4911 499 14. Operatlng leases At the end of the financial year the charity had commitments under a non.cancellable oF*raling lease for rent as follows.. 2024 Total 2023 Total Wlhin one year Between two and five years 6.250 25
CREATIVE STIRLING SCIO NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 15. PJlade in Stirling CIC The 1 OOQA owned subsidiary of the SCIO, Made in Stirling CIC is a Company limited by shares alld incorporated in the UK (Company number SC69794181. An extract of its trading results from its unaudited financial slalements are provided below.. Trading results: Year to 30 June 2024 Yearto to 30 June 2023 Turnover Cost of sales 218,847 118,665) 186,231 121,094} Gross profit 200,182 165,137 Adminislralion costs.. Service charges Charitable donation to Creative Slirling Other adminislralion costs 168.8331 {10,0001 {121,349} 166,000} {18,150} (80,9871 Profiv Ilossl for the period Assets and liabilities: Cuirenl assets Current liabilitie5 38,638 138,637) 40,817 140,816) Net current asset Liabilities due after more than one year Net assets 26