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2024-12-31-accounts

late annual report 2024

Articulate Cultural Trust was founded in 2016 to help marginalised young people enjoy a more positive childhood and build successful adult lives. We use the power of art. culture and creativlty to improve wellbeing, build confidence and give young people a voice. Through projects that support access. participation. education and employability. we help young people from all backgrounds to thrive- in learning, in life and in work. We collaborate with quality artists across all disciplines to design and deliver creative programmes that lead to real and lasting change. As a small charity. we balance big ambition with limited capacity. We aim to make a meaningful impact on young lives while ensuring our team is supported to do their work imaginatively. with care and sustainably. In 2024. we delivered 893 hours of creative activity with 540 young people across Scotland. These numbers reflect careful choices- to pause some activity so we could focus our energy where it matters most and where resource is available to us. These may not be large numbers by national standards - but they represent a deep. consistent. relationship-based approach with children and young people who often fall through the cracks.

Creativity and collaboration 2024 was a year of deep collaboration. We worked with grassroots groups, national agencies and creative practitioners to champion equity of access and the transformative power of creativity. Arts for wellbeing We strengthened our tailored approach to creative learning. with an even sharper focus on arts and wellbeing. From drawing to digital storytelling. our programmes offered safe and supported ways for young people to reflect, connect with us and with others and to express themselves. Advocacy and innovation We supported citizen-led cultural campaigning. championed inclusive governance. and expanded a national network of inclusive creative practitioners. Innovation remained central. from new delivery models to evidence- based advocacy for systemic change. Trauma-informed spaces We took a major step forward with the establishment of our new home in Glasgow - a physical space to anchor our national work and support future growth. Alongside this, we advanced our plans for a digital creative learning platform, as part of our commitment to making both physical and virtual studio spaces safe. accessible and empowering. And you ask rrt• wh•t creativlty provld•s? It's unmeasurabl•. Non-statistlcal. It'$ fr••. So. In your ey•s... nothlng.

Why our work matters Our focussed and bespoke work within the care community is particularly valued because young people leaving care still face some of the greatest barriers in society: 38% of care leavers aged 19-21 are not in education. employment or training (compared to 13% of all young people). Care leavers make up nearly 25% of the homeless population, despite representing less than 1% of the overall youth population. Only 9% of care leavers go on to higher education by age 19, compared to 47% of their peers. Despite these inequalities. we continue to grow as a niche Scottish arts charity. one that's as curious about urban. rural and island perspectives as it is about local. national and global connectivity. .4,•1 th• t.

Our im act in 2024 '*

Creativity changes lives

In 2024, 540 young people took part in Articulate’s creative programmes. Together, we built confidence, kickstarted careers and helped change the systems around us. This section shows how that change happened: in lives, in organisations, across public systems and in society.

We believe creativity is a right, not a luxury, as recognised by Article 31 of the UNCRC. It helps people express themselves, develop identity, connect others and influence the world. We work with care

experienced and marginalised young people to create lasting, positive change through the arts.

“Their dedication to the clients they work alongside has been unwavering... This has been a pillar of support to the young person’s mental health, confidence and wellbeing.” Glasgow City Council, Social Worker, 2024

This reflective report is structured around four levels of change:

These sit across our five pillars of practice:

Together, they reflect our belief in consistent, creative and rights-based support.

5

2024 in numbers Worked with 540 young people Delivered 893 hours of creative activity Paid 477 Real Living Wage hours to young people Supported 27 traineeships and 14 work placements Launched a £5m capital campaign for a new creative hub in Glasgow Registered a youth-led trademark brand: Made with Care Alongside these figures are stories of real and lasting change: from a young person choosing to live after crisis, to a poem written by our young people becoming part of social worker and educator training. RFAplqRATV IAkn5 MADE WITH CARE ADa• MADE WITH CARE

A day. month. a year Ch ge doesn't ways happen in a flash. Aday A young person arrives unsure. then shares their feeli through paint or poetry. Someone gets a Culture Club ticket and finally lea house. A Creative Assistant thakes their first peer supp sthe Sometimes it's a breakthrough. Sometimes it's quiet. steady progress. rt call. A month Culture 360 editorial meetings spark nation on justice and belonging. Young people and policymakers co-desig and education. Attending sessions becomes routine - expression. I conversations ideas for care steady space for A year A new mural in Dundde rnakes care e visible In public spac We pilot a digital cre ive studio curri informed wellbeing 4pp. Work begins on restonng The Pipe F for creativity and c perienced voice ulum and trauma- ctory. our fvture home

Levels of change 1. Self: growth. healing and belonging Young people grow when they are trusted and supported. "Coming to Articulate is the only thing I do socially. so it means a lot." -> One young person in crisis no longer considered suicide after ongoing creative support. -> Two Sudanese teenagers attended their first live gig- a step toward becoming a New Scot. -> For three. Articulate was their go-to organisation when they faced homelessness. Young person. 2024 These shifts don't happen overnight. they happen through consistent and patient relationships. 2. Sector: stronger practice. shared power We model inclusive, youth-led creative practice and support others to do the sam 'Their innovativ approach sets them apart and ensures long-term change." Partner, 2024 In 2024- -> Creative Changemaker and Digital Changemaker roles became paid work opportunities. -> Young people trademarked Made with Care. taking ownership of the concept publicly. -> We co-designed a trauma-informed studio blueprint with INCH Architecture + Design. -> We trained partners in rights-based, co- designed creative evaluation techniques. This is about improving practice and processes. not just at Articulate. but across the sector.

  1. System: influence and infrastructure Young people shaped the systems they live within. from education to care. In 2024: "Their programmes offer a therapeutic approach that helps people feel safe to grow." Glasgow HSCP. 2024 -> A youth-written poem became part of Glasgow City's social worker training. -> Culture 360 supported new thinking in education design in Scotland. -> Participatory research positioned young people at the heart of the change they want to see. -> We collaborated with The Promise and Education Scotland on participatory design. These partnerships are built on trust and a shared commitment to doing things differently.
  2. Society". changing the story Young people challenged stigma and reshaped narratives through public creative work. "Their work continues to challenge stigma and foster hope through creative expression." -> The #StartWithArts campaign launched with a city-wide and connected billboard trail -> Article 31 workshops explored UNCRC rights through supported creative dialogue. -> Youth-led murals and Culture 360 Unscripted reached national and international audiences. Feedback, 2024 This is what happens when young people are supported to lead. speak and shape the story. 4•riL Th*ilibyQ4

Thec eatives, Poem Written y young ith Where woul I be without creativity? people support ofourf Quality Artists A heart wit out a beat. rom one Silenced. ut not by mouth. By expression. Noked. ur Exposed t the horshness of sociol reolities. eaching this My story bubbling opped within.....o volcono of emotion nder my skin. conformity you see. is where they want thoug provo emb But socia me to be. ing poem ds lived Becouse datobGse y expression is onarchic. It creotes no o register. no quontifioble ..needed to fill thot report. expe ience into measure. line Where wo Id I be without creotivity? pra tice. Lostinot nnel with no light....dorkness. for relevance. expressing youthful t pale from shadows cast. is not one told 1000 times before. My rtrodden. My reolity not recounted. Still fightin rebellion b See my sto poth not ov But it is coptured. In orders and meetings. In reports and reviews. Page ofterpoge of words so cold. they numb my existence. But you Gan't capture the cost of a childhood lost. Where would I be without creativity? 10

Looking ahead In July 2024, Scotland embedded the UNCRC into domestic law, reinforcing the right of every child to express themselves and participate in cultural life. As a youth-led, rights-based organisation, Articulate welcomes this landmark moment, and we remain committed to embedding Article 31 in all we do. The mid-point report on The Promise (2024) also reaffirmed the need for trauma-informed, participatory approaches in, through and beyond care. Our action research continues to model what this can look like in practice. whether in Scottish cities or in our rural and island landscapes. n 2025. we'll build o this work with focus in three key areas: Co-creation and relationships Programme reflection cycles with young people. looking at progress we and they make. Ongoing development of The Pip trauma-informed creative hub. actory as a Evidence and impact Better ways to understand an the changes we scaffold. sh re learning about Learning published through p presentations at conferenc cy briefs and home and abroad. Language and leadership Capacity building within ours Ives. the charity, the sector and society to be the best we can be in line with charity purpose and value 11

Thank you To every young person who trusted us with their creativity. To every funder and partner who believes in our work. To every reader, visitor, volunteer and Trustee who connects and carries forward the voice, goals and ambitions of these amazing young Scots. Articulate is inspired, guided and led by lived experience. We're changing lives, systems and futures, one creative act at a time. 12

Our team Articulate is small in size. but wide in reach. We don't operate with a fixed hierarchy or large salaried staff base. instead, we grow and flex through a dynamic ecosystem of creatives, co-ordinators. trainees and lived experience leaders. This allows us to stay rooted in community. respond to young people's needs. and invest directly in those closest to the work. Like many small charities. our core structure adapts in line with project funding. While this brings rich diversity across the year. it also challenges us to retain skilled staff and sustain the deep, long-term relationships our young people value most. In 2024. we trialled new approaches. including improved freelance contracts and paid placements, to support progression pathways for the lived experience (LEX) talent within our programmes. Our Creatlvè Changemakers and Digltsl Changemakers helped us shape inclusive. trauma-informed practice. both in person and online. We also invested in four Quality Teaching Artists (QTAS). named by young people as some of the most inspiring practitioners in our network. We continue to work alongside a wide range of associates. co-ordlnators, mentors. support specialists and volunteers, all of whom contribute to a shared mission.. to make creativity a catslyst for change. cosystem of suppo PARTNERS & VOLUNTEERS Volunteers. Freelancers. Project Partners. Funders ASSOCIATES & SPECIALISTS Quality Teaching Artists. Creative Associates. Mentors. Safeguarding & Clinical Supports CREATIVE DELIVERY TEAM Creative Changemakers. Digital Changemakers. studio Facilitstors. Trainees. Creab"ve As51Stant5 CORE COORDINATION CEO. Impact & Learni Lead. Co-ordinators 13

Our board Articulate's Board of Trustees plays an important role in guiding the charity's strategy. governance and values. The Board brings together a diverse mix of experience in the arts, care, community development and lived experience. offering both support and challenge as we improve. We are grateful for their commitment to ensuring Articulate remains grounded in its mission. ambitious in its vision, and accountable to the young people we serve. Board of Trustees. 2024: Q.hair'.q rpmark "2024 has been a year of both consolidation and quiet determination. We focused our resources on what matters most= improving the lives of care experienced and marginalised young people through creativity, culture and connection. In a chal lenging climate. we chose to prioritise our strategic aims and protect long-term impact. This meant pausing some activities so we could strengthen others.. investing in our people, refining our delivery and sharpening our voice. We nurtured new partnerships across Scotland and the wider UK, shared knowledge with others on the frontlines of inequality, and deepened our trauma-informed approach to learning. healing and expression, both in person and online. We remain proudly rooted in Scotland. but our outlook is wide. We'll continue to collaborate nationally and internationally to build a world where every young person has the chance to thrive through the arts. We're a small organisation with big ambition. My thanks to our team, artists. volunteers. trustees. funders and. above all. the young people who power our work." 14

Artlculate Culturnl Trusl R¢f•r•n¢• and Admlnl$tr8tlvo D•lal for the Year Ended 31 December 2024 REGISTERED CHARITY MUMBER SC047054 INOEPENDENf EXAMINER Breit Nicholls Asscciales 24 Hort)ort Sireet Glasg￿￿1 G20 6N8 BANKERS 15

ArliBulate CUl￿ra1 Trust Report of the Tru¥tg•5 for the Yèar End¢d 31 O¢c•mbgr2024 The TnJstees pr898nt thr with ts fir￿"al statemenls of Iho charty for ￿ year ended 31 De(tmber 2024. The Trustees hav8 adopied the yovis)ns of and Re(Kb"ng by ChalllJes". Siatern8nl of Re￿n¥￿and8￿ Practi¢ applicable to charits5 kwaring th￿r ￿)unt8 in 8rujrda￿ ￿th ts FirwK4al Stand8rd appkable in the UK and Republic of Ireland IFRS 1021 leffecifve 1 JaNary 20191. FINANCIAL REVIE4•4 Flnan¢lal Positipn The rtharty generated a Mt surplu5 of £72.623 for the ￿&r Ml8d 31 202412023.. £76.2081. A3 at 31 Dec8mb8r 2024 unr•slrK&l. Iree R05erv05 Stood at E135.44112023.. £129.8531. R•5•ry•B ppIIcy In Ihis ￿￿teXt. Reserv￿ refer to unrèstrbeW, I￿8 Trserves i.•. furmls whth amfroty•valabl8 to lund g￿￿rnI operations and are subject lo (x)mmikn)onl$. oxp•n(filw8 LY r•strb(rn So Rgserves do nol Indude eThJowmenl funds. mstn.cted lunds ordesbjnated fiJnd6. The Board cornders Reservwa larws in the rthel of.. 181 cashnow foro¢asls. In¢lLJing future aThJ 9xr￿￿t￿?. and Ibl ¢xisting knnds. The Trustees gener•ly aim to M￿nE81￿ the ch8nVs R88er¥es Ml Ihal o al ￿￿￿18qUI¥￿knt to mDnths projected OP8r81ional 8xpe￿IlUre. Ihtr y•ar under re¥iow Ihi5 ￿Uate5 to £103,516. As waJons and resu￿rn9 expendllure Is •xpect¢d lo grow, lh¢ T￿￿tee$ aim to o)nb"nue to bclsiew the chafity's R8881V85 [#)￿11¢￿ thrO￿h inwm8 gewr8lion. Th8 Tru61808 8ro S81i8flwJ Ihal this Olcy l¥ Wng mgt and a(klrtkywl hjnds be ￿[nveSted In the devd0F￿nI of the thBrity. At 31 Pocombw 2024, unrestrKted r￿r￿S $twJ at £143.46412023.' £142,344). Thls &)mw'ses É135,44112023.. £129,853) unrestrcted free ￿Sewe$, £3.405 designalal fLY research 0)￿￿lancy<2o23.. e3.4051 and £4,6J8 repres8nUng Iha nel book value offlxed awL8120Z3'. [9.0861. STRUCTURE, GOVERNANCE AND MANAGEIAENT aovernSn9 do¢um•nt Articulal? Charitable Twel wa8 •51e4ish•d as a Chwrtatle Inex>ry>yt¢d ISCIOI on 20 Delxmber 2018. As a SCIO tt Is gov•m8d by rt5 Caukntub￿. Koy rnanog•mgnt rwnun•ratlon In th8 opinion of the Trustees I￿re is one member of kty m8M9ertnC the Chf EX￿b¥?. Th• iotal C￿ts for this )st In 2024 was £58,10412023' £50,698). T￿$ S8￿ry is awj by 8oard on Ihe rea)rnMa￿kn of the R8nxJnerats Woffvng Grwp rnad8 up ol the mr￿8X￿jJlW$ Office Bearers. Rlsk mDnagem•nt The Trustees olthe charity regularty re¥￿W Ihe Mai￿ 9o¥wn8nc•. oporalional. n5k5 thal th8 charity fac88 as part of ils regU￿r r￿k register r￿leW aTrJ o)nfim th systems have been eslabllsld to M1￿JaI9 th858 risks. Articu181e CharftgNe Tnjst has a rlsk managemeftt straiegy in dace, conww$'. - r8gular board of the $tr8ltyK nsk5 the thanly wrw farn the regislor - thè Osta￿lSh￿￿nI ol systems tXThxdU￿ to ￿lIgale Ih)se rtsks NJentifEd . the Implementstson ol ￿￿￿edureS d8￿ned lo rnInTh1￿ any polenbal impact on the shtyjld rfsks mat•rialls•. Th• Trustees gre $ots'$f￿ that awr4Jriale fin￿81 syskn rx)trd5 The Truslees (x)r￿Ider the k&y r￿$ farANJ thanty 81 tIy5 kn)e to bo I￿ finarKia risk5 ar￿Ing rf Ihe organisat)n is unable lo attract SU￿￿ent Incorn8 to re￿169 its Fla￿d wijects kn Ihe Kale and oualty lo th8 ory8nisation 84Mf88. The Trustees have Managed the petertial irryact of tr￿Se risks by 8￿￿rI￿a thal.. . prudent budg&ts have been $vl next finatv* peri(KJ . tho charity malntains a Iow-COSt base . mnllryenLy plan5 are in tlac8 for Ih? aLlbJns be laken rf irrtxffie appews unlIk￿Y 10 re￿ its iargat. proved by ¢yder of the Board olTrkn... I .. and sigwl on tts behaffby: 16

Independent Exarninor's Repwl to th• Tn￿ of Artlculate Cultural Trust l ￿pOrt on the accounts for the yeareTrJed 31 Decernter 2024 pa￿3 etyteen kn thirty-￿. Respectlve re5pon51bllltles of Trustees and eX￿Iner The chanW8 TNsia8s ¥e rasrk)nsibla for r&pAraiion ol tha a￿nts in 4ctx¥dgnc• thè of tho Chwibas anij Trustee Investrnenl (￿lIat￿l Act 20[￿ Ihe Charibes AuThJnts (S¢ola￿lI Regula1￿$ 20thS la$ amended). Tl thar11￿$ Trustees wnsrd8r that the audit r8quir8m8nt of RagL￿allOn 10(1llal to Icl of Ihe Acoyjnts Regulatk)ns does not tyy. It Is my responsibility to examir the accLwJnts as reouired urKler SectK)n 4411Xcl of Ihe Act and to state whethor pa￿Ular maltefs have com& to my 8ltenth)n. 8a81• of lh• IbMt•p•nd•nt •xamln•f• rwort My exarninzlion was carrfed oul Sn acLLYdanLY wilh RO￿latIC￿ 11 of Ihe Charit18s A(xx)unts ISe(JdaTh11 Ragulalions 2006. An •XoMinats.(￿ In¢4￿leS a of the ocfyyJntsr¥J recuts kept ty the chanty a eornpari50n of the accounts presented wth those records. It also Indthes C(￿56de18tth of ony unusual itèm$ or dSde6￿S in Ihè act￿1n1$. and $￿kIng &x￿an0t10n$ frorn you as Trustees CO[￿em1￿ ary such mall8r8. Th8 Wc￿ur88 undertaken do Th)t rKovidg dl th8 evMl8n( that would be requlred Sn an audlt. and I do Th)t exw an a￿11 obxnb)n on Iha wew by the xuunts. Indopond•nt •xamln•rt8 statem•nt In conneclion wlth my ¢xaminabon. no maller has ccffi? lo my nth"on'. 111 whlL gSves me r8asonable eajso ￿ beltho Ihai. In any materlal resw Mquirement$ keep accountiryj record5 in xcordanc• wilh Secticffi 44(1Xal of th9 2C(E Ad arn1 R•Julatw 4 01 Ih? 2QX A¢￿UnIS Ragulations," and to Pfepare acc4Jnts which accord thlh Ihe accoJnlr4J and ￿ comply R&ju&￿0￿ 8 of th6 2006 Accounts R8gul8tions ha￿ not been rt; 121 to whKh. in my opinK)n, attentknn bts t*avm in crt•r to •nat4o * prop•r UnderntsrK1￿9 of aCDJunls to be T8ach8d. Brell Nichdls Associa185 H&rb¥ri HOL￿ 24 Herbert street Gksg( G20 6NB Oat•'. 17

Artlculate Culturnl Trusl St•t•m•nt ot Fln•n¢lo1 A¢tlvlt for the Year Ended 31 December 2024 2024 Total nds 2023 Totsl funds lunds funds INCOME AND ENOOWMENTS FROM Donal1c￿S and legaaes 142.767 336.1(Y2 478,869 441,879 Ch•rltabl• •¢tfvltl C(*e Acllvlty Cc￿neCt and Cdtsborats Arts and Wdk)¥ing "vism Educa¢lon. Empk•Ya￿lty, Ente P￿CeS and Spa 2.057 2.057 449 1.425 7,CKJO 2.798 23.493 2.689 3.3CKI 512 512 Total EXPENDITURE ON Ch•rttabl• •¢tfvlll Core Acllvity Connect and Cdlaborats Arts and Wdhwng Attivism Educa¢k•n, Empknyabllty, Entei Places and Spac8s 128.￿5 128.805 11,122 41,573 72.242 29,192 129,630 1C6.600 6.257 55.984 7S.801 62,217 107.420 11.122 41.573 72,242 29,192 117.252 12.378 Total 141.183 271.381 412.564 414279 NET INCOME Tr•n•hr• b•tw••n lund¥ 14 12,5211 2,521 N•t mov•m•nt In ￿ndS RECONCIUATION OF FUNDS Total fvnds brought forward 142.344 179.049 321.393 245.185 TOTAL FUNDS CARRIED FORWARD 321393 CONTINUING OPERAnoN8 Thi5 strts￿nt of financ4al aCtiV￿eS indLths an gairts aThJ hjsses TecOJnL￿ in the yew. All inthne aro expendiknffj derive cth1nU￿￿J in bth yeats. Corry8rBJve figurns for the yaar by fu￿1 typa ara In Ncrta 9. 18

Articulate Cult￿1 TFUSI Balanc¢ Sheet 31 D•c•mbor 2024 2023 FIXED ASSETS Tangiblg as8815 10 4.616 9,086 CURRENT ASSErs Debtors Cash al tronk and in hand 11 27,9)5 403.875 26,015 431,7 433,136 CREDITORS Arrw)un15 Islling ￿ wl¢hin one yp 12 142.&821 1120,8291 NEf CURRENT ASSET5 TOTAL ASSEfs LESS CURRENT LIA81LrrEs 394,018 321.393 NET ASSETS 321,393 FUNDS Un￿Strt¢ted lunds: G8n•r81 fund Research & Consults Donal￿ Fixad A8881 Fund 14 135,441 3.405 128.883 3,405 143.464 142 344 R88triclad lunds TOTAL FUNDS 321,393 .. aTrJ were svJned rfs behaw ty.. The noteson p 20 to 32 f(¥m part of Ihese ffi11￿1 s¢atemenls 19

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l St•twn• for the Year Ended 31 December 2024 GENERAL INFORIAATION dated 20 December 2016. It was re 2016. Its reglstswl addross is istered as a chan In Scoiiand ie Isiered nunknr SC0470541 on 20 Dec￿knr AccouTrmNG POLICIES 8uls ￿ pr•yrfng th• Iln•n¢l81 st•twn•ftts The financial staternenls are prepared on an aCt￿￿S bas￿, on a ojncem basi%, kn acc(¥darKe with.. - the charit￿ and Twstee Investment IScoUaThJl Aca 2Crf)5: . Regulallw 8 {Stato￿nt of0￿1nt. Fulty ac(LJ a￿￿nts) ofTho Cttarfttes A￿￿nts ISc¥JllaThd) Rogu18Oons 2Crt)6: - the Financaal ReportiThJ Standard apF4ratAe in the UK and RepublK of Ireknd, putA15hed in March 20181"FRS 102"), to the extent that rt applies to small entities and public benefft entthes.. -'A¢uyJntiThJ and Rewxt"ng by Chanties.. Slatement ol Rec￿Mmended l>r8¢1ic• appli¢abkn to d￿ntIo$ pryring their 8ccounts In 8(xord8n¢8 vrith th8 Fin8nd81 Si8r•tsd aF￿￿8t￿• In th6 UK and Repu￿1¢ of Iro￿Tra. publlshed In October 2019 IFRS 1021. Ilh8 Chaiille5 SORP"). . UK Genefalty Acc4ted AccO￿ti￿ Prn(•: - th$ hislorlc81 cost conventth. The charlty moets the defknSthJn ol a wt4k orty FRS 102. As8ets 8nd IL9bi1th8 are Inmalty rocts3rth1 at h10￿¢81 c£4t c transackn UTh￿88 0th8rvA88 sta￿ In t relevant acrK¥JntlrrfJ p)Ilcy. Th& Ilngndal st8tth)￿ts 8r• Frf•Mn¢ed In UK 8l•rlr¥J. Is ¢W$ fvrdwl ￿l￿ne￿. 8nd to th• Th&r• hav8 bgen ￿ chgrvJgs to ts bo$1$ of ygw ly to ts pr9¥kn￿ fingndol yeorf$ finoThJal 8tslemants. Incom• All In¢om& 1$ rwnlsed In the Statemenl Lrf FIr￿￿1 hdfvllles orK ts ￿￿[ty h88 onfjknnl to the funds. 1118 Obab￿ thai the Irthmo vhll bè r8cehd 8Th1 the rnnt tan bè rr8sur8d rdith. Exp•ndltur• Liabilities are 88 exporthuffj as 8$ trwe is 8 otrA￿a81y) cg)mmitbrrfJ ihe ch8rity lo that expenditure. it is probab￿ that a transfer ofec¥)rKfftc beneffts wll be requir•J in settlement and the amount ofthe obl￿at￿)n can be measured reliaw. Expenditure is accounted for on an accruals basis and has been dassffied under headings that aggregat& all o)st ￿lated to Ihe ¢atewry. wfo (x)sts canrKtrt diroctty8ttritwtod to pa￿¢￿18r h¥&1iNJ$ T•nglbl• fix•d •M•ts Deprecialion is provkjed at tho folkN•irwJ 8nrwJal rate8 in to 7Mite cll eac a88et ovw its estimated u8efv41 life. Strawjht Ilna (s¥or 4 years Straight lirn ovgr 4 ￿41$ C￿r gquiprwl 20 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 ACCOUPrnNG ￿l¢lES- ¢ontlnu•d ArticuLqte Cuknral Trust is a tharity vthhin the meaniThJ of SeLl)n 467 of the C￿p￿atiOn Tax Act 2010. AccordiThJly. the iarfty 1$ w)tfjnllty exompt fr(Mn tsxatkx) In rnspe(J of or capll81 galns rocefived wlthln ￿t￿30r1&S ￿Var9d by Chapter 3 of Part 11 ofthe C￿ati￿ Tax h£t 2010 and ￿tion 2% ofthe TaxatJn olchargeable Gains Acl 1992 to the extent Ihat suth incA)me ￿ ga￿ are aFWied cknilth only. Golng ¢on¢•rn The Trustees consider that there are Th) materid uThxrtainti8s thetharftys abltyto c(fflllNe asa gciThJ Cc￿Cem. D•btor• Trade and other debtor5 are reccrfJni5ed at ts settlemenl an￿JnI du8 after ￿ tr&Je d8c￿j￿t offer&J. PrepayThnts are valued at the arrKJunt p¥epahJ net 0[￿Y tr&Je discounts d￿. Ca8h at bank ond In hand Cash at bank and cash In harJ Indth cash and short term highty IN]L￿d 1nv8strn￿ts ￿ a shc¥t maiuty of three Cr•dltor• and provl•lon¥ Creditors and provisions are cwlty has a We5￿t rtlhjattffl rnsumng from a past ovont that ￿11 prOba￿Y result in the transfer of funds to a third paity and tho anw)unt du& to sethe the oblwation can be measufed or estsmatèd reliably. Credsk%S and gre ncmdty at thalr 8atdan8nt 8rTh)unt after autiwng for any trade dlscounts due. Fln•n¢l•l In•trum•nts The charty h8$ finarK4818ssets and financaal watilli￿ that quallfy 88 t4s￿ financial instrumènt. Basle fln8ThJal Instrum8nts are Inttlally r8coJn¢sed at tran&xfJn value and SubseqL￿ty ffayJred al thelr seiUem8nt valu8. Fund •¢¢ountlng Unrestricted fvnds ￿ be uJ In thg dwblth at ts dlBuel1c￿ of tho Tnths. Restrlthd ft￿d8 w (￿ty b& pertKukqr rostrKXed purkwos wlthln th& rta￿ts of ts ¢horfty. Reslrfclh)n$ 8rlse P•n•lon costs and oth•r P￿t￿•tIr•rn•nl b•n•fft• The chath operates a d8fin8d Contsitrjti￿ parts1￿ sc8me. C(￿￿11xrtbjnS payable to th8 ￿sk)n 8ch8me 8re charged to the Stslemenl of Finan¢i81 Acts￿￿0$ Mi th& wb)d lo they ￿81￿. DONATIONS AND LEGACIES 2024 2023 Oonat*Jns ants 2.032 476.837 6C(I 441,279 21

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 DONATIONS AND LEGACIES. ¢ontlnu•d Grants receiv&J. induded in the at￿e. are as fckn. 2024 2023 The Nat￿81 Lottery Corrnyjnty Fund- Awa￿ CrèatNè Scolland Hugh Fraser FourK181kn) Esmée Fairbaim FoundatJn The Robertson Trust Peop￿,8 H&8tth Lott The Rayne Foundation The Gannochy Tnjsi Glasgow City cou￿11. Glas9￿ FuThJ Glasgow Dlgltsl Fund Barnardo's Sc4JUand MEB Charitable Tm The Inchrye Trust The NaUonal Lottery Conffiunty Fund Iliam Sy3on FoJndalk Cura F¢JJndaO Kilp8trick Fraser Charltabl& TN8t Moniack Mh Nalm Famlly Trust Iliam Gr8nt Foundal The SOc￿ty Foundation Da￿d Statt v￿morIal FLWKI FLXXKIth SoJIl￿d Foundation ScollaNI Allian￿ S¢oU8nd Glasgow Communtty Mentsl Heallh aThJ WeltdThJ FWKI Foundatkjn ScollaTrJ- Mary Janet Kkng F￿nd8 Trèfoll Trust CAF Keystone Fund. Capaty BuildirvJ Gmt East Rentrewshe cc￿￿1 HSCP- 121 Muslc l NS SUp[￿s East Rgnfvè￿hw￿ C￿￿01 HSCP- YrAth SuFVCWt Engage- Nation81 Assc(a8lK GCOC- Step Up to Net Zero ITAC7- Z&aland- Bursary Scottish G¢)vemmenl. UNCRC Irrn4atiM Fur The Graerne Robert50n Trust The Salty and John RJeal T￿￿1 Othgr $mg11 grants 10,CO) 11,5COI 109.894 22.917 9.342 13,023 73,151 8,333 19,5C(I 20,562 18,485 16.189 66,7CQ 125.OCM) 125,¢XO 12,C((I 9,840 16.320 12,930 10,CO) 16,320 10,CO) 14,830 42,¢X 10.963 8.696 3.7 22.053 34.1C 1.454 22

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 INCOME FROIA CHARITABLE ACTivmES 2024 2023 2.057 449 1,425 Arts and we1lbe￿g Artivism EduGqliw. Enwtyabilty. En1&r￿s8 Places and Spaces Consultar 2,798 23,493 2,689 512 11,203 CHARITABLE ACTMTIES COSTS Support ¢08ts {8•• nots 61 r•ct Totsl• 4,170 11,122 41.573 72,242 29,192 117252 124.635 128,805 11,122 41.573 72,242 29,192 Connect and Collatmte Arts 8nd Wellbw"n9 Artlwsm Educatkjn, EmF4oyablbty. Enter Places 8nd Spo 275 551 137013 SUPPORT COSTS T¢)tsl• 121,981 124,635 Places 8nd Sp• 137013 Support costs, Indud•J In the 8b)v8. are as fclmyhs.. Mno•m•nt 2024 2023 and Spa￿¥ Totsl actlvlll•• Totsl •ctlvltl•• Wag8s Scxial S&%rity Pensions R8nt Subscripticrt sUpp(￿t Stsff Heatth & Safety Professlonal Faas Vehide Cosls DeprecAa1iC￿ of langible aThJ assets 57.834 12.378 70.012 58.848 10.703 2,357 19.165 2.712 18,023 3,016 1.616 2,677 3.424 18.79) 1,474 19.648 3.424 18.750 1.474 19.648 2.665 121.981 12.378 134.359 119.117 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 SUPPORT COSTS- ¢￿ttIn￿ld 2024 Cor• A¢tlvlty 2023 Total a¢tlvltl•8 Trustees, expenses Ind&p￿d￿t sxamina1￿ fe8 TRUSTE&8' REMUNERATIOM AMD BENEFITS Durfng the year on8 trthsl& ￿e(￿V¢￿ rnnwnwaYM by way cl a $4ary 8nd 80par81e fees for ￿￿k)nal servlc6s provided to the c*arity durirvJ the year ended 31 D￿nter 2024. Tot￿ emFloyer costs relatiThJ to this p05t were £58.10412023'. £￿.968). This total induded £8.￿ pakl cffi a f￿e1ar￿e basis for work carried out on research proje(ts wtside of her (M11in8ry rc48 of CEO. This w8$ pai¢J at m8rtet rats 8ThJ In li￿ vAth th& th8rtys o¥ects and purp03es and is allowable Fer the tharlty's Amldes olAsscrfaation. Tru•tw•' •xp•nw• 2024 2023 Trusta85' expens8s STAFF COSTS 2024 2023 Wagas and salarles Sotyal ￿UrIty Msts 70,012 10.703 82,39) 71,9)8 Th& aveT898 wmb8r ol durku the yaw was as fc4IM: 2024 2023 Number crfemFdoye88 IHea(h)Jurtl COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMnES Unrestrlcted RMtrlct•d fund• fvnds Total fvnd• INCOME AND ENDOYIMEp¥fs FROM Donations and legacies 1t6.833 441.879 Ch•rlt•bl• •ctlvltl•• e Activity 1.425 1,425 Arts and Wellb8kn9 Artivism Educalic￿, Empbyatilty, Entww Placas and Spac8s 2,798 23.493 2,798 23,493 Total 115258 375229 4gJ.487 24 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF RNANCIAL ACTivmES. ¢ontlnu•d Total funds nds funds EXPENDITURE 011 Charltable actlvltl• e Activity c￿ne<* 8rK1 cc418t￿ts Arts 8nd Wellbekng Artivism Educa11￿, Empk)yat41ty, Enlerwis¢ Places 8nd Spaces 103.923 5.497 2,67T 1(￿,8[ 6.257 55.984 75,801 62,217 107420 75.801 62,217 107420 Totsl 109.420 304,859 414.279 NEf INCOME Tr•n•l•rn b•lw••n lund• 70.370 76208 N•t mov•m•nt In fvnds 55.7T6 78.208 RECONCIUATION OF FUNDS Tot81 funds brought fcrfward 158,617 245.185 TOTAL FUNDS CARRIED FORWARD 142,344 179,049 321393 10. TANGIBLE FIXED ASSETS lotor v•hkl•• Comput•r •qulpmont Tt)tsl• COST At 1 January 2024 WKI 31 2024 DEPRECIATION At 1 January 2024 char￿ for 4,280 8.975 13,255 At 31 0￿Mb￿ NET BOOK VALUE At 31 Dacèmb8f 2024 4.280 4,618 At 31 D￿mbfjr 3)23 6.420 11. DEBTORS: AMOUNTS FALLING DVE bfftlN ONE YEAR 2024 2023 STF Payrdl Accwnt BaLq Accrued inoJrro. grants 15.041 12.651 27,SKJ5 25,015 25 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 12. CREDrroRS: APAOLIKfs FALUNG DUE IMThIN OME YEAR 2024 2023 Oefeffed inc£￿￿. grants 39.982 119,329 In th& year. 2025 2024 At 1 Aprfl 08fefred in year Released ￿ year 119.329 39.982 119 3291 137.203 119.329 137 2031 At31 Ma 39.982 119.329 13. ANALYSIS OF NET ASSEfs BEfvEEN FUNDS 2024 Tot•1 funds 2023 Totsl fund• funth fvnd• Flx8d a88éts Curr8nt assets Currènt Ilat411110s 4.618 175.480 4,618 431,780 256.3CM) 433,136 120 8291 392 516 321393 2023 Total funds 2022 Tolal fund• fund• funds Flxed assets Currènt assats Cul￿nI liatyli¢i•s 13,554 370,094 138 4631 223,425 209,711 433,136 120 8291 26 )tirKJed...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 14. MOVEMENT IN FUNDS Transfors At 111r24 In ￿nd• 31112124 Unrnstrlctod lunds General FuThJ Research & c￿lIan¢Y Oenatsd FW A88et FLM)d 129.853 12.521) 133,941 3,405 142.344 2.141 12.5211 141,964 R•strlct•d fund• 4. Creafjve Cd18bcKat Culiure Club The ArticuLgts Hub Gable End Artlcl8 12 Refresh East Ayrsh Made ￿th Care Employablltty Digital Defidt Arts & Welltrlng Ctrrythne Capa¢ty BuildityJ East Renfrewshe HSCP EFF UK- wlde Cdlat(¥atS ITAC7- ZeaLqnd The Vau￿A￿ 12 Months of Actmsm TIPS with Inch UNCRC Innovation CC YP Led Prc¢Jram Island P8rsFdv8s Litde Fi￿9 Eve The StudK) & Indushjn Swlnts Indlvldu81 w01￿81n9- M8ntor8 1 knr 32.142 32.142 15,543 87,634 7.741 1,599 4,131 4,428 15.543 34,161 (37,14S1 1,593 15.2761 53,473 10.9)7 4,426 17,5381 15.8781 11,8611 13,8121 37,96S 11,768 23,753 138SI 7.720 754 3.708 20.085 3.036 14,207 1,175 2,452 35.965 11,768 23,753 12.OXII 7,720 754 {36 1,817 11,8171 1.018 1811 4,272 15.7481 1,018 81 4.272 15,7481 TOTAL FUNDS 392 516 27 )tirKJed...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 14. MOVEMENT IN FUNDS- ¢ontlnwl In¢mlng Rowir¢M IAo¥•mont In funds Unr•8trl¢l•d fvnd• Gener81 Fun Oesgnated Fix&J Asset F￿K1 144,824 (138,215 144.824 (142.6831 2.141 RJtrl¢t•d lund• Culiure Club The ArticuLgts H Gable End Artlcl8 12 Refresh Mad& ￿th Co Employ8blllty Digital Deficll Arts & Wellb8lng C(￿￿alk￿l Capa¢ty Buildiry E88t Ronfrowshfv HSCP EFF UK- wkde Cdlat(ffallon ITAC7- Nv•4 zaa￿nd The VauwrrAH 12 Month5 ofhAlvb8m TIPS wlth Inch UNCRC Innovakn CC YP Led Pro¥ramm8 Island PersF¢Ct4ves Lltd• Flres Evewhwe The Sludio & In¢lusK)n Swnts Indlwdual Wellbeing. Mentors l thL**cy 14.4571 190.839 137.1451 11.7011 116.2871 19.2791 15.8781 12.3101 117.935 14.0351 14.1951 18.8121 14.0851 12.280 11,2461 19,8041 23.870 15,543 34,161 137,1451 1.599 15,2761 17,5381 15.B781 11,8611 13,8121 37,965 11.768 23,753 13851 7.720 754 125.C 11.011 11.741 449 14,123 42,CKX) 15,963 32,565 3,7C 10,CKX) 22,053 1.018 11,8171 1,018 1811 4,272 15.7481 18.5811 12.8281 15.748 7,1 TOTAL FUNDS 485,187 71,123 28 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 14. MOVEMENT IN FUNDS- ¢ontlnwl Al 111r23 In lunds funds 31112123 Unr••trl¢t•d fund• General Fund Research & Consullancy Oedgnatgd Fix&1 Asset Fund 70.083 2.931 8.803 1,503 50.967 11.0291 129,853 3,405 49.938 142,344 R•strlct•d funds 4. Creafjve Cdlaborat East Ren- Arts Award Cr8ative POten1￿S {ICCE} Culture Club Track to tho Wall Oot to Dot The ArticuLqts Hub Gable End Arts'¢l8 12 Voka of the Cty 31 Cr•afv• kner All E¢J Refre8h Quallty Teathlng East Ayrshlre Made with Care Minibus Fund Drawlro Tcgeth Empk)y8bilty Cosl of LthrwJ Crf818 Digltal D8fldt Digital Discov8rf•s Arts & Wellbeing Crt(dinatiCYI UK- wide Qualilles R8searc nt8r W8llbelng 12,615 112.615 15,9401 15,2571 32,142 7.121 11.8641 15.9681 12.1141 17491 112.C(X) 11.4011 14741 17251 18581 1364 14,0251 {771 2,114 116.9931 65,473 5,173 474 12,2751 17.742 53,473 41.114 {1.719) 14.932 18951 13,9421 14.423 12.6771 655 12,7641 lo,￿7 972 4,428 (6.459) 14,1341 1.877 16551 22.849 {981 3,036 14081 12.1611 I2￿) 3,036 8.425 TOTAL FUNDS 245.185 76.208 321,393 29 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 14. MOVEMENT IN FUNDS- ¢ontlnwl In¢mlng Rowir¢M IAo¥•mont •xpend8d In funds Unr•8trl¢l•d fvnd• Gener81 Fun Research & CC(￿ul￿nCY 098ignat￿ Fixwj A¥W FLmd 108,258 199,455 15.4971 8.803 1,503 115.258 {109.4201 5.838 RMtrlct•d fvnd• East Ren - Arts Award CwtNe Potentis (ICCE) Cul¢ur8 Club Track to the Wall Oot to Dot The Articu￿ts HL* Gable End Artlcle 12 Voice of the C 31 Ci88llve A88trt Alt Ed R￿reSh Qualty Te8¢hlng At118ty East Ayrshlre Made ￿th Care Minibus Fun(1 Orawing Tc•Jelher Empkjyablllty Cost of LMr¥J Ctsls Oigitsl W¢it Oigitsl Discoverfbs Arts & Wellbelng CcKrfdlnaJon UK- wlde auallll&s Research Winter Wellbeing 16.5301 15.2S71 15,9401 15,2571 2.971 18571 116.9931 186.8601 145.1721 13.826 20.7PJ) 19.1421 2,114 116,9931 65.473 5,173 474 12,2751 152,133 50.345 18,485 10,1xKI 2,083 14,932 8951 13,9421 14,423 12,6771 655 12,7641 27,545 112.613 1895 13,9421 135.8991 12.677 16.3321 110.2641 I9.￿2> 1464 13,4081 121.8611 50.322 6,987 10,1 3.036 14081 12,1611 2981 19.5 375.229 304.859 70,370 TOTAL FUNDS 414279 15. RELATED PARTY DISCLOSURES 16. PURPOSE OF UNRESTRICTED FUNOS Ggngr81 FuThJ. tho uNostrklgd. Yrg9 rgsfjr49s' ofts 30 )tirKJ&J...

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 17. PURPOSES OF RESTRICTED FLINDS Art￿ul8￿.$ lurx1s fall uThJer tho koy ￿larS of •x1 A brl&f 08Scrtp￿n of tho purposg of is t4law akyw ¥Ath the funds tsl uThJgr ￿ch ￿lIar. Flaces and Spaces. ojntinues to te the h3hest for the dwhkni, and famlies we gjpiyxt. We need to invest in trauma4nloffi￿d FthysKal and dvJital [l￿eS aTrJ spaces 4btheTe our beneficaaries feel wakxjme. that they belong and where thelr c¥eafjvty1s nu￿r￿j, knckxling: Th& Factory. c8pW dmkpmonl ar￿ h8rttwJe pr(MjrW￿TrJ Th& Artlwl8te Hub. an anths dvJrt81 prcgrw#Y evofving stages Trouma.Inf0m￿d Places and Spaces ITIPS). (WMThJ acl)n reSea￿h wth our pothws ot INCH fvxthitocture + Deslgn. Artlvlsm. ￿ the Creath ChaThJemakern, arJ nrm Olghal Chawn8kw5. c(fflllThJlThJ to fkKI the feet we SUPFJt th8m to trMJl￿ rr￿meDIuM and reallse the tharKJes they want to see. indudiThJ wlhln: Ga￿ End. 8 natknal nwrnl tr811 th81 )￿neCts the Me rf ￿jnO pec 8uc48 Scots8r Artlclg 311 #ststhAtharts- a n8tion81 ¢atYyvJn to UNC 31 rights ￿ wery Scoltish Chllds P East Ranfrovtshlre Ccyjnal partr￿rship . O￿L9t￿N8￿ th)t l t•Alh a￿1 ￿thIn th8 Icr41 authorfty In persuaslve and merTKwabie ways. Educatlon, Employablllty and Enterprlsé. Investn￿ in 8vofv¥hg thè vaip)u$ pibt and18amlTrJ from syjr earfy yeB 88 a d)arfty Into a c£Jh686ve b8mirYd 8yStem has Tesult8d i)18vels of 8rwgenrt that are now fully mcthlltra as follows.. M8de ￿th Carg atMI RoMad& vAth Car? . 8colWlr¥J SUPkKrft ts tt Fthntsgl tho ugatsve Induslrfes ond cultural 8ntorprfs8 realm ered Employablllty Mc¥Jel. ￿. Alt Ed. foThnd aThJ knlcrfmal t>8¥oka kn1or￿nkn ihat help ￿ng g8t they want to go Qualty Te&chirKJ Ajtsty. Investing in b88t and rwA6 to erure Ihe ￿0￿J1k￿ of traUM￿nf¢Th￿ partlopatory kY8clice. Arts gnd W8llbdrg. Artkukqte ha$ no tmrt to (kl 81 to SLVtth th• m8ntal ond Fthyskal w8llb•lrvJ of the caro 8xporf8￿Od chlldr8n, yOLmg F•Jple fthlles that cmn8Ct w*h us. Our mantra Is 'th8y havo to f881 wall to do well,; Ir Ihey underf&J, 8t(￿1 rela11c￿Ships. pr08r￿cts, I￿38M￿l. ttw canl focu8 vknat they to do with u3.. Our Model iculate 31

Artlculate Culturnl Trusl Nots$ to th• Fln•n¢l•l Statwn•￿- ¢ontInu￿1 for the Year Ended 31 December 2024 17. PURPOSES OF RESTRICTED FLINDS. ¢ontlnu•d peoFde and communities in vwy S[￿la1 ways. . a mgans thrwgh to intsra¢t ¥￿th oth¢r8 - a way to gNe their kleas purFW aThJ vak - how to tske steps to buikl Injst and esteem Artl¢ulat8 does th1$ thrcwh a dlverse ratvJe of evkletK￿sed wt8 rwrts kxogr8mtrns and practtc8, uxre81• b8tsYeen th$ youNJ peop￿ and ski118118rtth 8nd to 8xpentr￿ th8t imkyovs IN8$. indudiNJ'. Dlgltsl Defidts. dellnlrvJ and d8fieclSro parlkapatkn themes thfth dh3ltal p UK.wlde Qualltles Reseafth. sllmulatlrJ d￿￿JUS and a(hIre￿ng gaps O￿lat￿￿t(￿S aaDSS Brftaln. 32