oscr Period stsrt date Month Period end date Monlh From 02 2023 To 01 2024 Office of the Scottish Charity Regulator Reference and administration details Charity name other names charity is known by Registered charity nurnber Registered charty number Lucid Dream Ajts SC046960 Names of the charity trustees on dale of approval of Trustees. Annual Report Dates acted rf not for vthole Name of person (or body) entitled to . appointtsusteelifanyl Trustee name Office {if anyl Reference and administration details Names of all other charity trustees during the period, if any. (for example. those who resigned part way through the financial period) Date5 acted if not for whole period ## **Structure, governance and management** **Type of governing document** Constitution for Single tier Scottish Charitable Incorporated Organisation (SCIO) **Trustee recruitment and** Trustees are elected at the charity’s AGM per the organisation’s constitution. **appointment** ## **Objectives and activities** |**Charitable purposes**
**Summary of the main activities**
**in relation to these objects**|B – The advancement of education
G – The advancement of the arts, heritage, culture or science| |---|---| ||Arts activity identified (Govan Project). Funding for this project was applied
for and received. Planning for this project started. Additional funding
researched and applied for to further advance the project.| ## **Achievements and performance** **Summary of the main achievements of the charity** The achievement of Lucid Dream Arts in this period included receiving project **during the financial period** funding for the Govan Project, the planning and the initiation of activities to fulfil the funding objectives as per the application to the donor. **Financial review Brief statement of the charity’s** The organisation will not be holding any significant reserves at this time. All **policy on reserves** funding received is for specific projects and not to be kept as reserves. There is no planned activity that will require reserves to be maintained. **Details of any deficit** N/A **Donated facilities and services (if any)** N/A ## **Financial review** 2 **Other optional information** ## **Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s)
Position (e.g. Chair) Trustee
Date
25/07/2025
**----- End of picture text -----**
3 oscr Office ofthe Scottish Charity Regulator Independent examiner's report on the accounts Report to the trusteeslmembers Chaiity rwn8 Lucid Dream Arts Registered charity number On the accounts of the charity for the period SC046960 Period start date Period end date M( Year 02 2023 to 01 2024 Set out on pages Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the lemis of the Charities and Trustee Investment Iscotlandl 2005 Act and the Charitses Accounts (Scollandl Regulations 2006. The charity trustees consider that the audit requirement of Regulats"on 10111 Idl of the Accounts Regulations does not apply. It is my responsibilty to examine the accounts as required under section 44111 {cl of the Act and to state whether particular matters have come to my attention. My examination is carried out in accordance with Regulation 11 of the Charities Accounts Iscouandl 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 (K disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and. consequenljy, I do not express an audit opinion on the accounts. In the eourse of my examination, no matter has come to my attent￿n Basis of independent examiner's statement Independent examiner's statement which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 44111 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met. or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 28107r2025 Name: Relevant professional qualificationlsl or Address: Chartered Accountant, member of ICAS Benham Conway & Co 16 Royal Crescent Glasgow G3 7SL ## **Lucid Dream Arts Registered Charity Number SC046960 Statement of Receipts and Payments for the Period 2 November 2023 to 1 November 2024** |**Income**
The William Syson Foundation
Other Income
**Total Income**
**Expenditure**
Project Costs
Administrative Costs
**Total Expenditure**
**Net Receipts / (Payments)**
Funds Carried Over from 2022/23
Transfer between Funds
**Closing balances**|Unrestricted
£
0
373
**373**
1,735
360
**2,095**
**(1,722)**
1,722
0
**0**|Restricted
£
0
0
**0**
0
0
**0**
**0**
0
0
**0**|2024 Total
£
0
373
**373**
1,735
360
**2,095**
**(1,722)**
1,722
0
**0**|2023 Total
£
1,800
0| |---|---|---|---|---| |||||**1,800**
78
0| |||||**78**| |||||**1,722**
0
0| |||||**1,722**| |**Statement of Balances as at 1 November 2024**
Bank
0
**Balance as at 1 November 2024**
**0**|0
**0**|0
**0**|1,722| |---|---|---|---| ||||**1,722**| 5