## OSC **r** ||**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**|**Trustees’ Annual Report for the period**| |---|---|---|---|---|---|---|---| ||Period start date|||||Period end date|| ||Day|Month|Year||Day|Month|Year| |From|02|11|2024|To|01|11|2025| Office of the Scottish **Charity Regulator** ## **Reference and administration details** **Charity name** Lucid Dream Arts **Other names charity is known by Registered charity number SC046960 Registered charity number** Flat 2/1, 6 Kirkwell Road, Glasgow **Postcode** G44 5UL **Names of the charity trustees on date of approval of Trustees’ Annual Report** ||**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**period**|**Name of person**
**(or body) entitled to**
**appoint trustee (if any)**| |---|---|---|---|---| |**1**
**2**
**3**
**4**|Nick Coffey|||| ||Christopher Hannan|||| ||Linda Robertson|||| |||||| ## **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)** **Name Dates acted if not for whole period** ## **Structure, governance and management** |**Type of governing document**
**Trustee recruitment and**
**appointment**|Constitution for Single tier Scottish Charitable Incorporated Organisation
(SCIO)| |---|---| ||Trustees are elected at the charity’s AGM per the organisation’s constitution.| ## **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**
**during the financial period**|The achievement of Lucid Dream Arts in this period included receiving project
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**
**policy on reserves**
**Details of any deficit**
**Donated facilities and services (if**
**any)**|The organisation will not be holding any significant reserves at this time. All
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.| |---|---| ||N/A| ||N/A| 2 ## OSC **r** Office of the Scottish **Charity Regulator** ## **Independent examiner’s report on the accounts** |**Report to the**|Charity name||||||| |---|---|---|---|---|---|---|---| |**trustees/members**
**of**|**Lucid Dream Arts**||||||| |**Registered**
**charity number**|**SC046960**||||||| |**On the accounts**|Period start date|||Period end date|||| |**of the charity for**|Day
Month|Year||Day|Month||Year| |**the period**|02
11|2024|**to**|01|11||2025| |**Set out on pages**|||||||| |||**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|**Independent examiner’s report on the accounts**|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |**Report to the**
**trustees/members**
**of**
**Registered**
**charity number**
**On the accounts**
**of the charity for**
**the period**
**Set out on pages**||Charity name
**Lucid Dream Arts**||||||||||| |||**SC046960**||||||||||| ||||Period start date|||||Period end date||||| ||||Day|Month|Year|||Day||Month|Year|| ||||02|11|2024|**to**||01||11|2025|| ||**et out on pages**|||||||||||| ||**Respectiv**
**responsibilities o**
**trustees an**
**examine**
**Basis o**
**independen**
**examiner’**
**statemen**
**Independen**
**examiner’**
**statemen**
**Signed**
**Name**
**Relevan**
**professiona**
**qualification(s) o**|**e**
**f**
**d**
**r**
**f**
**t**
**s**
**t**
**t**
**s**
**t**
**:**
**:**
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**l**
**r**|The charity’s trustees are responsible for the preparation of the accounts in accordance with
the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities
Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit
requirement of Regulation 10(1) (d) 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.|||||||||| ||||My examination is carried out in accordance with Regulation 11 of the Charities Accounts
(Scotland) Regulations 2006. An examination includes a review of the accounting records
kept by the charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or 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, consequently, I do not
express an audit opinion on the accounts.|||||||||| ||||In the course of 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 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.|||||||||| ||||||||**Date:**|||||| ||||**Michael Benham**|||||||||| ||||Chartered Accountant, member of ICAS|||||||||| |||
**:**|Benham Conway & Co|||||||||| ||||16 Royal Crescent|||||||||| ||||Glasgow|||||||||| ||||G3 7SL|||||||||| > **Name: Michael Benham Relevant** > **professional** Chartered Accountant, member of ICAS **qualification(s) or** > **Address:** Benham Conway & Co 16 Royal Crescent Glasgow G3 7SL 4 ## **Lucid Dream Arts Registered Charity Number SC046960 Statement of Receipts and Payments for the Period 2 November 2024 to 1 November 2025** ||Unrestricted|Restricted|2025 Total||2024 Total| |---|---|---|---|---|---| |**Income**|£|£|£||£| ||||||| |The William Syson Foundation|0|0|0||0| |Other Income|240|0|240||373| ||||||| |**Total Income**|**240**|**0**|**240**||**373**| ||||||| |**Expenditure**|||||| ||||||| |Project Costs|0|0|0||1.735| |Administrative Costs|240|0|240||360| ||||||| |**Total Expenditure**|**240**|**0**|**240**||**2,095**| ||||||| |**Net Receipts / (Payments)**|**0**|**0**|**0**||**(1,722)**| ||||||| |Funds Carried Over from 2022/23|0|0|0||1,722| ||||||| |Transfer between Funds|0|0|0||0| ||||||| |**Closing balances**|**0**|**0**|**0**||**0**| ||||||| ||||||| ||||||| |**Statement of Balances as at 1 November 2025**|||||| ||||||| |Bank|0|0|0||0| ||||||| |**Balance as at 1 November 2025**|**0**|**0**|**0**||**0**| 5