CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Scottish Charity No. . SC047663

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
CHARITY INFORMATION
Trustees
Listed on Trustees, Report
Charlty number
SC047663
Independent Examlner
JRD LLP
11 Portland Road
Kilmarncck
KA12BT
Prlnclpal offlGe addro$$
Cumnwk's Creative Arts Hub
Bank Avenue
Cumnock
East Ayrshire
KA18 1PQ
Bankers
Bank of Scolknd (Banking Hub)
2 Glaisnock Street
Cumnock
KA18 1DA

CUMNOCK ARTS MAKES PEOPLE SMILE ISCIO)
CONTENTS
Pago
TfUSt8es' Rgport
Flnanclal Stslemenls
Independent Examinerfs reF)Ort
Statement of financial actmties
Balance sheet
Notes lo the financial statements

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their report and independenlty examined accwnts for the year ended 31 August 2024.
Princlpal actlvlty
The organisalion is a SCIO (Scottish Charitable Incorporated Organisat￿n). The principal objects of the
organisalion are the advancement of the arts, CLFlture and heritage by producing musical shows, providing
thealrg workshops and by facilitating and organising talks and exhibrts on local history and heritage for
memt£rs of the public., the provision of recreabonal a¢b"vitses and faulitvas, $u¢h as the CLtmnock's Creative
Arts Hub, lor improving the conditions of lrfe for the peWe of CUmn￿k., the advancement ol citszenship and
community development by offering opportunities and training for volunteers and Colla￿ratIng with community
groups in the Cumnock area.. the advancement of educab.on by offering training and tuition in the skills
necessary foT theatre rxoduclK)n and education by offering training and tu￿.0￿ in the skills necessary for theatre
production and the relief of Ih05e in need by reason of ￿e. ill-heallh or disability through working with NHS
and Social Care to PTovide acb"vib"es andlor wemises for ser¥￿e usws.
Conslitullon
A copy of the constitution, which deals wtth the appointment and temiination of Trustees among other matters,
is available from the Trustees al the principal office address. The constitulion has been rev￿Wed within the
last year and proc95s is ongoing.
Truslees
Trustee5 and office bearers al the dale of approval of this report a￿."
Indèpendent Examiner
was reappointed as inde￿ndent examiner for the charity during the
year.
Organlsatlonal Slructure
The SCIO was incorporated on 23 August 2017 and remained domiant until 31 August 2019. On 1 September
2019 the aclwities. assets and liabilities of Cumnock Area Musical Producth)n Society - known as CAMPS
ISC0305751 were transferred lo the SCIO. The name of the charty was fom)alty changed to Cumnock Arts
Makes People Smile ISCIOI on 27 September 2023
R•vlew of Flnanclal Year
The income and expenditure account al page 9 of the accounts shows an excess of income over expenditures
of £91,97612023'. as restated £5.595). An analysis by restncted and unrestn'cted funds is shown at note 13 on
page 8 of the accounts.
Reservès Pollcy
Total un￿$t￿cted funds at 31 August 2024 weTe £109.250 12023". as restated £17.9341 wh￿h includes
designated capital fund which shows the net book value offi'xed assets of £108.94712023.' as restsled £3,505).
Idealty, the Trustees would aim to hokl 3 to 6 months running costs in reserves. However. total unrestricted
lunds excluding the designated capital fund were onty £303 at the balance sheet date and the Twstees are
aware of the need to build the charty's reserves.

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Structure, Governance and Managemenl
Recrultment and Induction of Trustees
This is carried out in accordance with the constitution. A basK induclion and training process is in Pla￿ but is
under development.
Organisational Structure
The Board of Tnjstees is restK)nsible for rM)Iry decisions and ensuring that the charty operates within its
constitution. Regular Board rreetings are held lo effect poI￿Y decisions.
The charity operates a hierarchical management structure in line Mth Board policy requirements.
The Key Management Personnel during the financial year was Da￿ Parker, who ccxnmenced during October
2023 with National Lottery fundin9.
Pay Policy for Senlor Staff
The pay of senior stsff is reviewed annually ty the Board referen￿ to pay scales for similar organisations
wrthin the sector.
Rglated Partlos and Transactlons wlth TfUSteeslKey Management Personnel
Expenses paid lo ITuslees are disclosed al note 3 to the financial statements. There were no related party
transactions with tnjslees or Key Management Personnel.
Risk Managemenl
A risk register is maintained wh￿h Iden￿r￿S the principal risks and uncertainties lacing CAMPS and the actions
taken lo mitr'gate them. Risks are revwied by trustees andlor stsff regularty and whenever significant changes
occur. A new risk assessment Is carried out prior to every show. We aim lo idenlrfy emerging risks early and
lake action lo ms11gale these as appropriate. In addrtion to our shows and events involving staff, volunteers and
members of the public, our involvement wilh young people means that safeguarding is a key issue. All staff
and volunteers are subj'ect to disclosure checks. Sufficient insurance policies are in place to cover our
operations and activities.
Slgnlllcant Activities
The hFhli9ht of the year was the apwintnEnt of our Arts Coordinator. Da￿ Parker, a longstandin9 CAMPS
memter, advisor, and musical director. was appointed to the new 3-year post and has since led several
inilialives, including CAMPS Connecl-a free-to-access programme featuring a eomrnunity choir and 'Just
Jammin., aimed at improving Ictal mentsl heath and welkbeing.
Branding was refreshed to ref*t our name change12022r23} and the Hub updated thanks to funding from the
9CC.
A new rool. funded by the Place Base(1 Investsnenl Programme IP81P), was completed in May 2024. improving
Ihe building's appearance and eliminating water ingress. Further venovab.on plans are underway, with funding
appli¢alions ongoing.
È were pleased to continue our partnership wtth The Cumnock Tryst, with members co-wrrting and
performing a song alongside the 88C Seottish Symphony Orcheslts at the Big Saturday event.
previously a guest choreographer. Joined CAMPS as a regular tutor and co-direcled our sold-
out panlo Jack and the 8eanstalk. vnitten by 8 CAMPS member. He also supported Cumnock Youth Musical
Theatre ICYMTI. A BA Commercial Musr student (UWS) Joined as sound technician, and Foundation
Scoland's Essentia fund supported set-buitding malertals.

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Slgnlllcant ArtNitles (continued)
A new choral group launched in 10-week blocks, adding around 20 new members. Led by ¢onductor
Andrew McTaggart, the project's first phase was funded by the William Syson Twst.
CAMPS maintained a strong communrty presence. offering concerts in care homes and community venues
and organising well-attended theatre trips open to all. with plans to continue in 2024125.
The standout moment of the yearwas Sunshin& on Leifh. our first licensed production post£ovid. which played
lo fvll house5 and received exceptional feedback.
We secured 12-month fvnding from CVO-LEP to appoint a second staff member as a Hub Assistant.
In June 2024, CYMT, supported by CAMPS. staged Beauty and the Be8St Jr. and Seussical ￿'d$, both well-
received and valuable for the young performers invofved.
Our well-being aclivilies were fvnded by CVO (round 21. the Robertson Trust (rounds 1 and 2), and the East
Ayrshire Wellbeing Fund 2023. Other fvnders included Essentia. ScotmKI. Asda. Wlliam Syson. and the
Nab'onal Lottery.
A major community event in Augusl 2024 at Trinity Church featured over 1CrfJ CAMPS members and
showcased tslent from across all age groups-a truty Memorab￿ celebrats"on.
Our music tuition programme EduCAMPS continues to have many students working towards A8RSM grades
in both voice and piano. It is our intentson to extend this programme to include MO￿ instruments and small
group lessons.
Following discussions the CAMPS board and CYMT committee, CYMT was formally incorporated
into CAMPS and its funds transferred accordingty.
CAMPS experienced substantial growth in both membership and income. Wlh a successful fi'rst year for our
Arts Ccordinalor and strong volunteer and tutor support, we look forward to further progress in 2024125.
Future Plans
Our fotward plan considers the strategic direction and development goals of CAMPS for the coming 1
years. 11 includes objectwes related lo funding. staffing. and increased acb.vrty leve15, as well as the action5
and resources required to achieve these goals.
The following key objectives will guide our development..
. Secure 5UStainable funding streams to supp￿)rt operational growth
Recruit and retsin new staff to increase capacity
Expand the scope and nUM￿r of actNities offered to children and the wider commun
. Strengthen govemance and operational pro￿SeS
Progres5 against this plan will be reviewed regularty by the Board of TnJst*s. Adjustments will be made as
needed to refle¢l changing circumstances and emerging opportun¢lies.

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Trustees respon$lbllltl•s
The Trustees are required lo act in accordan￿ with the conslilulion and within the framework of relevant
charity legislation. They are responsible for keeping proFtr accounting records, which disclose with reasonable
accuracy at any lime the charity's fi'nancial poS[t￿n. and lo enable them lo ensure that the accounts comply
with the applicable requirernenls of the folltNing'.
Charities and Twslee Investment Isco￿and} Act 2005.
Charities Accotsnls Iscollandl Regulations 2006 las amended).
The Tnjstees have the responsibility for takn.ng reasonable steps lo safeguard the assets of the charity and lo
prevent and detect fraud and other irregularib"es.
Approved by the Trustees on 5 June. 2025 and signed on their behalf by..

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CUMNOCK
ARTS MAKES PEOPLE SMILE (SCIO)
l ￿port on Ihe aC¢A)unts ofthe chanty for th8 year endgj 31 August 2024 W￿"Ch are set oth on p89es 2 to 9.
Respective rèspon5ibrliti•s of trustees and •xamlner
The chafity's Iwstees are respOn￿b￿ IOT the preparalion ol the accounts in acC(￿￿nCe wilh the terms ol the
Charities and Trustee Investment (Scotland) Act 2(K)5 ar#J the Charities Accounts IScotLandl Regulations 2ryJs las
amended}. The charity trustees consider Ihat the aU¢￿t requirement of Regulatk)n 10111 la) to Icl ol Ihè Accounts
Regulafrons ¢Joes Th)t appty. It is my responsibility to examine the accounts as r&]uired under section 4411) Ic} of
the Acl and to state wtr￿her partirJJlar malters have come to my attention.
Basls of Snd•p•nd•nt •xamln•rfs stat•m•nt
My examination is OLrt in accordarKe wth RegulatH￿ 11 of the Charit￿$ Accounts {ScOt￿nd) Regulations
2006. An examinaknon includes a review ol the acC(￿nIlng records kept by the charity and a comparison of the
accounts presented with those ￿ords. It also includes cOns￿eration of any Lnusual Items of disclosures in the
accounts, and seeks explanations from Ihe truslees corKeming any such matters. The procedures undertaken do
nol provide al the evidence that would be reqUI￿d in an audit. and consequently I do not express an audlt opinion
on the viaw gwen by Ihe xcounts.
Inde￿ndont •xamln•fs statom•nt
In Ihe c￿lISe of my examina11c￿, no matter has con* lo my atten￿n..
which gives me reasonable cause to believe Ihat Mi any material fe5pecl the ¥equirements".
to keep accounling records in accordance with Section 44111 la) of the 2005 Acl and ReguLgtion 4 of
the 2CX)6 Accounts Reg￿81￿)ns'. and
to prepare xcounts whth xcord wrth the a(£ounting records aThJ comrAy with R8gulats)n 8 of Ihe
2006 A¢o￿nIS Regulalions".
havè not be8n mèt." or
tovthich, in my optThon. attent￿n should be drawn in order lo enable a prO￿r undetstanthng ofthe accour
to be reached.
Chartered A¢¢ountanl IICASI
JRD LLP
Chartered A¢Gourbtsnts
11 Poruand Road
Kilmarno¢k
KA12BT
5 Juno, 2025
Page 1

CUMNOCK ARTS MAKES PEOPLE SMILE ISCIO)
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 AUGUST 2024
Unr•strlcted Unr•strkt•d
Ganwal D¢slgnat¢d
Funds
Funds
Total
Funds
2024
Total
Funds
2023
las rnstatodl
R#s￿¢t•d
Funds
Income
Donations, legacies and other
Charitable activities
Investments
163,971
8,367
42.308
172.338
42,308
62,940
19.461
Total Income
163.971
50.675
214,646
82,401
Expendlture
Costs of raising funds
Charitable activities
Olher
57.488
63,564
1,618
122,670
76,8(
Total Expenditure
57.488
63.564
1,618
122,670
76,8(
N•t Ineom•llExpèndltur•l
106,483
{12.8891
11,6181
91.976
5,595
Capital ey4)enditure
{105.823)
11.2371
lo7,￿0
Tran$f•rs b•two•n funds
Net movement in funds
114.1261
105,442
91,976
5,595
Reconclllatlon of funds
Total funds br￿ght Iofward
14,365
14.429
3,505
32,299
26.704
Totsl funds Carried forward
303
108,947
124,275
32,299
An analysis of Income arKI Expenditure is induded af Notes 13 & 14 to the finanual statements.
ExpenditUTe is allocated lo the aiThie cost Categ￿leS on the basis of aci>yJnling policy disdosed at Note 1 lel to the
ffinancial statements.
Page 2

CUMNOCK ARTS MAKES PEOPLE SMILE {SCIO)
BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
las restated)
Notes
Fixed assets
Tangible assets
108.947
3,505
Current assets
Debtors
Cash al bank and in hand
4.540
66,466
71,006
29.394
29.394
Llabllitle$
Creditors.. amounts falling due within
one year
2.144
600
Nel current assets
68,862
28,794
Deferred income
(53.5341
Total assets lèss eurrent liÈbllities
124,275
32,299
Funds
Reslricled income fvnds
Unreslricled income funds..
General funds
Designated funds
12113
15.025
14.365
12113
12113
303
108,947
14.429
3,505
Total I￿n￿Stricted lunds
109,250
17.934
Total Charity Funds
124,275
32,299
The financial 5talemenls were approved by the Trustees on 5 June. 2025
and signed on their behalf by..
Page 3

CUMNOCK ARTS MAKES PEOPLE SMILE ISCIO)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
1 Accountlng pollclès
The principal accounting policiès are summari58d beltrw. The aw)unfing policies have been applied
consistently throughoui the year and the prior year.
{a} 8asls of preparatlon
The ffinancial statements are presented in sterling {£) and have been prepared in accordance wrth
Accounting and Reporting by Charities-. Statement ol Recommended Practice applicable to ohalllies
preparing their accounts in a¢¢ordance wrth the Financial Rep(Htsng Standard applicable in Ihe UK and
Republic of Ireland IFRS 1021 leffecitve 1 January 2019) - (Charities SORP IFRS 1021, the Finan¢ial
Rgporttn9 Standard applrcablè in Ihe UK and RepLFblK of Ireland (FRS 1021, the Ghaiilies and Trusiee
Investment Iscotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2CI)6 las amended).
Cumnock Arts Makes People Smile SCIO meets the definth.on of a publrc benefit entity under FRS 102.
Assets and liabilities are init181ty recognised at historical cost or transaction value unless otherwise slated in
the relevant accoLtnting policy notelsl. The 2023 accc*Jnts in the 2024 finar￿jaI statements were p￿pared
on a RecÈipt& & Paynents basis and. 8cwrdingly, the 2023 Gomparab"ves have been resl8led on an
accruals basis.
Ibl Praparatlon ol accounts on a golng eoncèm basls
The financial statèmènts have been prepared on a going Concgm basis vthich 8s$umes that Ihe charity wll
continue to operate for a period of 12 months trom the dale of approval by the Board. The charity is reliant
on exttrmal grant funding and, while the trustees have no reason to believe that such funding will not
conlinve. the ¢harity's ability to continue in business is dependent on being successfvl in attracting such
funding. The Trustees, Report contains ¢Jetails of the chanty's reserves policy, which eonsiders both the
impact of current gener81 e¢onomic un¢ert8ifbty and the charitls cir¢urn5t8nces.
{c) Fund a¢¢oundng
UnFestricled funds are available lof use at the disC[et￿ft of the trustee5 in furtherance of the general
objectives of the charity-
Designated funds are unrestricted funds vthich have been set asKle at the discretion of the trustèes fo
specific purposes.
Reslricled funds awe 5ubiecl lo restrict￿n$ on Iheir expendrfure imposed by the donor or grantor.
TransfeTs between fun(Is are made at the discxetion of the trusiees taking into consideTation any restrictions
imposed on funds.
Idl Income
All income is induded in the statement of finanual adivilies when Ihe charity is entiiled lo the incomtr, the
amount can be quantifie(I wth ￿350ndble accuracy and il is probable that Ihe ir*ome ￿11 be received. The
following 3pe¢Efic policies are applied to particular categories of income_.
Income from donations & legacies is received by way of gfants. donations and gift5 and is included in lull in
the Slalemenl of Finarbcial Actyvilies receivable. Grants. there entitlemenl is not conditional on the
delivery of a special performance by Ihe charity, are recognised when the charity becomes uncondition811y
enlrtled to the grant.
Donated sejvices and facilities are inchjded at the ¥￿￿e to the charity vthwe this can be qu¥nltfied. The
value of service5 piowded by vdunieers has not been induded in these accoun13.
Investment income is included vthen received.
Income from grants, whefe related lo performanrk and SFecific dellwab￿$. are accounled for as Ihe
charity eams Ihe right lo considèration by its perforrna￿.
181 Expen+Jl1ure
Liabilities are recognised as expenditu￿ as soon as th￿ is a legal or constructive obligation committing thè
charity lo that expenditure. it is probable Ihat a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured ￿1iabty. Expenditure is accounted for on an accruals
basis and has been dassified under headings that aggfegate all cost related lo the ¢ategory. Where costs
cannol be directly atlributed lo particular headings they have been albcate(I to actiwties on a basis
consistent wth the use of resources.
Governance eosts indude$ those Costs asso¢iated with meeting the conslrtutional and statutory
requirements of the charity aThJ include the Independent Examineffs fees and costs linked to the strategic
management of the charity wh￿h ace voluntary other than trusteès. travalling expenses ieirnbursed.
Although discbsed separately al note 13 go¥ernance cosls form part of charilable expenditure Ipage 31
tsnder the current SORP.
Page 4

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIOI
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1 Accounting policies (continued)
lfj Fixed a$sgt$
Fixed 8ssels (excluding inve$trnents} are sta￿ al cost ￿5$ 8ccumulated depreciation. Minor addrtions
costing below £500 are not capitalised.
Depreciation is provided at the fdlowing annual rates calculated to V+Yile off the cost of èach a¥sel over its
èxpected useful life which take into consideratK)n expected iesidual values in 8¢cordance with FRS102.
- Tenanfs Impi0￿ments
over the lesser of the remaining lease
temi and the estimated useful Itfe of the
asset
over 4 yeats slraighl line basis
over 4 years on a slraight line basts
- Plant & equipment
Computer equipment
Ig} Hire pur¢ha8e and l•aslng eommitmerbts
Rentals paid under operatiThJ leases are cthaw to profit arKI loss on a straighl line basis over
the period of ihe lease.
(h} Penslon costs and other Post￿•t0￿Ment ￿nofftS
The charity operates a defined contribution scheme for thè benefit ol its empbyees. The of contributions
are charged lo the Income & Expendrture arxounl when incurred.
lil Other basic financial instruments
The charity onty has finanrial assets and financial liabilities of a kind that qLsalrfy as basic ffinancial
instiumenis. Basic financial instruments afe initially reCognis￿ al Iransacts'on value and subsequently
rneasured at their settlement value.
Ul Co$h at bank and In hand
Cash at bank and cash in hand includes cash and short temi highly liquid investment$ 8 short matulily ol
three months or less from the date of wuisition or opening of the depts5￿1 or similar account.
Ik) Dgbtor$
Short term debtors are measwed at transact*)n price, less any impaimient.
111 Creditors and prowsions
Creditors and provisions are recognised where the charity has a present obligation resulting from 8 past event
that will probably result in the transfer of lunds to a third party and the 8mount due lo settle the obligation can
be measured or estimated feliably. Creditors and prowshms are nornalty recognised at thèii Settlement
amount after allovling lor any trade discounts due.
Im) D•f•rr•d Incomè
GT8nls received in advance of Ihe a$5waled WO￿ bwng carried ¢xrt are deferred only when the donor has
irnposed preconditions on the expendrture of resoufces.
lol Impalrnients
Assels not measured at fair value are ievfftved for any ind￿li0n that the as$et may be impaired al each
balance sheet date. If such indication exists. the recoverable arr￿)Unt of the asset, or Ihe asset's cash
generating unit, is estimated and compared to the cafrying amount. Where Ihe cairying 8motJnl exceeds Its
recoverable amount, an impaimient k)ss is recogni5ed in profft or loss unless Ihe asset is carried at a
revalued amount vthere the impairnient loss is a revalLkation deuease.
2 Staff costs and numb•rs
2024
2023
Wages and salaries
Natitsn81 insurance
Pension costs
31.222
3.158
1.951
36,331
The number of employees during the year w8$ 1 12023". Nil) on a headcnunt basi5.
No employee ￿CelY¢d ¢molum¢nts in eX¢g$$ of £60.CAXI.
The charWs key management personnd are detailed in the Trustees, Report and thw"r lolal employee
benefrts were £36.331 12023.. Nil}.
Page 5

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
3 TNstoe Remungration and Rglated Party Transactions
Trustees are not remunerated but are reimbursed for expense5 incurred. There were no expenses
pa￿ during the Current or previous years to any tnjstees.
No trustee or other person related to the charity had any personal interest in any contract or
Iransacbon entered into by the charity during the year.
4 Taxatlon
The SCIO is a registered s￿￿"sh charity and no corporation tsx liabilty arises. The SCIO is VAT
gistered.
5 Tanglble fixed assets
Tenanfs
Improvements
Plant & Computer
Equlpment Equlpment
Total
Cost
At 1 September 2023
Additions
2.700
8.663
805
1,865
3,505
107,060
96.532
At 31 Augu512024
96,532
11,363
2,670
110,565
Depreciation
At 1 September 2023
Charge for the year
1,284
334
1,618
Al 31 Augu512024
1.284
334
1,618
Ngt book value
At 31 August 2024
96.532
10,079
2,336
108.947
Net book valu8
At 31 August2023
2,700
805
3.505
Tenant's Improvement addits.ons relate to the Cawtal Project (refer to note 131 which has not tseen
dep￿CIated as the project was not completed at the balance sheet date.
6 Debtors
2024
2023
Accrued donations
Letts"ng income 2023124
3,600
940
4.540
Page 6

CUMNOCK ARTS MAKES PEOPLE SMILE {SCIO)
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2024
7 Bank balanc08
2023
Barl( current acco¥unt
66,466 29.394
66,466
29.394
8 Credltors . ￿Ounts falllng du• wllhon on• y•ar
2024
2023
Taxation and social security
Pension credrtor
Accrued charges
1.138
106
Jo
2.144
600
600
9 Def8fr8d incorne
2024
2023
Natb)nal Lotlery Community FuThJ
CVO- LEP
43.706
9.828
53.534
Th￿ relates to the 2024125 lUndU￿ period.
10 Pension commitments
The ¢harity operates a qualifyiry sctheme ¢Jnder the wo￿a￿ pensiorts *istation tn respect of eli91b￿ employee5 who
choose not to opl (wJt.
11 LeJ$e ¢ommltments
On 19 De￿mber 2014. the fom)er unincorfved charty enle￿d into a 25 year ￿8$e under Ihe EAC Community Assel
Transfer Scherne in respect of Ihe Cumnock's CreatNe Arts Hub (formally Barrhill Community Centrel. The lease was
subsequenvy transfer￿ to the SCIO
12 Anaty$l$ of N¢1 A$￿t$ Belween Funds
Unrestrtct•d Unr85trlcted
General Oeslgnated
Funds
Fund5
Restricted
Funds
Total
Fund5
Fixed Assets
108,947 108.947
CU￿nt Assets
71,006
Current Li8￿'11ties
11.2441
12,1441
DeferTed Income
53.$34
53,534
Nel Assets
15,025
303
108,947 124,275
Restricted Funds
Cornrnunity Led Funding - lunding [r￿n National Loliery co￿￿￿nty FuTrJ ¢overs the new management post
(commenced Octotr*r 20231 and ￿lated acIMt￿.
Capital Project- fvndiThJ frcffl East Ayrshire Ccrtjnal in resFect ol a major wf relurthshment on the leasehold woperty.
This project was completed In Ihe 2024r25 financial year. actual spend has teen eaprtalised (refer to note 51 and is
reflected as a transfef frorn re5tricled fund5 to the desvJnated capital fund.
Other restricted funds - this inca￿$ £4.$￿ from 9CC Group prtsmanly ltr*rnrds caprtal e￿ndIture on the Cieatsve Arts
Hub, £9.812 Irt¥n Award5 for All prirnarily IOT caprtaj equi￿￿ent and £6,CW from Robert5cffj Trust in ￿spect of well-being
Unrestricted Desi
naled Funds
ThLS ￿presents the net book Val￿ of (￿e￿ assets (note 51.
Un￿strIct￿ General Funds
Thi5 ss effectively the charitws r85erve which can be spent at the di5crelp)Th of Trustee$. DonatKJns (note 131 includes
£3.61k) frorn curnn￿k Youth MusKal Theatre. wh￿h transferred to CAMPS with effect from 31 August 2024 wrth funds
at that date effedively being donated lo the charrty.
P¥Je 7

g.
g.

CUMNOCK ARTS MAKES PEOPLE SMILE (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
14 Income and Expondituro Auount
2024
2023
{as rn$tsted)
Not•s
Income
Grants and contributions
Shows and concerts
Memberships and subscriptions
Tutorial income
Letting income
Donations
Other income
Employment allowan
73.436
13.096
4.771
2.189
22.252
4.771
438
3.158
$6,79J
4,151
1,076
3,583
10,652
124,111
76,251
Expendlture
Staff costs
Hall lets
Rent
Show and concert expenses
Insurance
Heat and light
Equipment costs
Telephone and broadband
Administration costs
Advertising
Travelling expenses
Tutorial fees
Repairs and maintenance
Cleaning costs
Computer running costs
Independent ExaminerlAccounlancy fees
Payroll bureau
Fundraising costs
Licences
Subscriptions
Donations
Sundry expenses
36,331
2,001
2.140
21,934
816
16.195
1.138
636
979
400
221
23,943
1,6C
6,785
833
900
405
534
1.168
1,283
1,540
3.833
1.937
13.604
373
461
9,999
10.287
8,069
600
20
585
23,000
755
2.087
121,052
76,806
Operatlng resull for year
3.059
1555)
rants
East Ayrshife Council
90,535
6,150
DepreciatK)n
1,618
Overall Result for Year
91.976
5.595
Page 9