REGISTERED CHARITY NUMBER: SC048177
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
GLAD RADIO SCIO
Am)strong Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 IHJ

GLAD RADIO SCIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 12

GLAD RADIO SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees
have adopted the provisions of Accounling and Reporting by Charities: SLqtement of Recommended Practice applicable to
charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Glad Radio SCIO is set to provide people across the Southside of Glasgow ￿.-1th a creative outlet. a learning experience, and a
community hub. It will take the forni of an ever-expanding bank of podcasts that document, promote ai)d give voice to the
Southside of Glasgow in all its diversity. We will ￿'ork creativelv ￿1th community groups, individua15, businesses, social
enterprises, charities, schools, colleges, artists: musicians and interest groups. All podcasts will be available online for anyone
anywhere to hear at any time.
The organisation's purposes are:
l. The advancement of education.
2. The advancement of citizenship or community development through the 5UPPOrt of service Provision within the local area.
3. The advancement of the arts, heritage, culture or science.
ACHIEVEMENTS AND PERFORMANCE
Charitable actiTr'itie5
During the year 2024-2025 we continued the work of Glad Radio SCIO on a modest level.
Southside Chronicles continued to cover local history. Dining Tales looked at Glasgow's restaurant trade. Untold Lives
examined drug addiction. Ei'erybody Wants To Pla). the Hits continued to document the local music scene. Battlefield
Writers provided an outlet for local authors and poets. We began a personal explordtioTJ into epilepsy with Wilness The
Fitness. We filmed a further episode of our video series Music Haul in Glad Rags thrift store.
We began working with
n his regular show DJ Brown in da House. which provides a model for how we can
work with people with disabilities, unleashing their passions and giving them ownership over their creative work.
The fomier fir%t minister
-ame into the 8tudio to be intenfieived for our Souihside Democracy podcast, as did
f the Scottish Greens aiid local MP
We began to use the Deep End's eveni space for music events. iyith two shows in September and one in November. These
demonstrated the potential to run relatively inexpensive events: to bring audiences into a unique arts space, to make sorne
money from refreshments, and to pay the artists. ￿ e recorded funher concert sets at the Glad Cafe. The band CLR theory
released an EP of a concert set we previously recorded.
Fundraising activities
A team of three completed the KiltwalL raising funds for Glad Radio SCIO.
A grant was received to develop our local history content in Pollokshield5.
However funding that can sustain us and allow us to build remains elusive. The goal is to move Glad Radio SCIO onto a more
professional footing, where a paid staff member would be able to c(Fordinate and move us forward.
FINANCIAL REVIEW
Financial posilion
The Statement of Financial Activities show a net deficit for the year of £1,115 (2024- £3,486).
At 31 March 2025, the charity had net assets of £7,570 (2024= £8,685). consisting of unrestricted funds of £7,048 (2024..
£4,492} and restricted funds of £522 {2024'. £4,393).
Page I

GLAD RADIO SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Reserves policy
Due to the low level of funds held, no forn]al reserves policy is in place.
The Board of Trustees have reviewed the likelv outcome lor the next 12 month5 takiT]g account of historic trends and
perforn]ance since the balance sheet date. The trustees consider the charity to be a going concern as it is in a position to meet
it's financial liabilities as they fall due and will be able to do so for a period of at least 12 months from the date the accounts are
signed.
FUTURE PLANS
The Board intend to continue with the charity's current aciivilies and will continue to seek ways to obLqin the required fundiiig
for its activities.
STRUCTURE, GOVERLNANCE AND MAiYAGEMENT
Governing document
The charity is a Scottish Charitable Incorporated Organisation registered with Companies House under the registration number
CS003267 and with OSCR under the registration number SC048177. The charity is governed by its constitution.
Recruitment and appointment of new trustees
Trustees are appointed in accordance with the charity's constitution.
Induction and training of new trustees
A process of regular meeting5 and other conununication5 inform and update both new trustee5 and existing trustees in respect of
the organisation's legal status, constitutional documents and other general information, in addition to a review of the activities
within the organisation.
Key management remuneration
Key manageTnent personnel who are responsible for managing and controlling the charity are the trustees. The trustees do not
receive remuneration for their services.
There were no related paty transactions during the year ended 31 March 2025 (2024: none).
Risk n]anagement
The trustees have a duty to identify and review the risks to which the charityi is exposed and to ensure appropriate controls are
in place to provide reasonable assurance againsi fraud and error. The trusiees review the risks affecting the charity at Board
meetings and take appropriate action to mitigate any matters arising.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC048177
Page 2

GLAD RADIO SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Inde
endent Examiner
Arinslroiig W'a150n LLP
Caledonia House
89 Seaward Street
Glasgow
G41 IHJ
Approved by order of the board of trustees on 22 December 2025 and signed on its behalf by:
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GLAD RADIO SCIO
I report on the accounts for the year ended 31 March 2025 set out on pages five to twelve.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the tenns of the Charities and
Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's
trustees consider that the audit requirement of Regulation l O{ l )(a) to (c) of the Accounts Regulation5 does not apply. It is my
responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state M,hether particular matters have
come to my attention.
Basis of ihe independent examiner's report
My examination was carried out in accordance with Regulation I l olthe Charities Accounts (Scotland) Regulation5 2006. An
examination includes a review of the accounting records kepi by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures in ihe accounts, and seeking explanations from
you as 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 view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention .
(l } 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 to comply with Regulation 8 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.
Arinstron(J Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 IHJ
22 December 2025
Page 4

GLAD RADIO SCIO
STATEMEiYf OF FINANCtAL ACTivrriES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
fund$
2024
Total
funds
Unrestricl
runds
Restricted
fund
Note5
INCOME FROM
Donations and l¢gaci¢s
4,834
2.869
EXPENDITURE ON
Charitable activities
Athnin Expenses
Support costs
Governance costs
686
5.444
225
3.871
S405
450
450
Total
2,078
3.871
5,949
6.355
NET INCOMEI(EXPENDfTURE)
2,756
(3,871)
(1,115)
(3,486)
RECONCILIATION OF FUNDS
Total funds brought forward
4392
4J93
&68S
12,171
TOTAL FUNDS CARRIED FORWARD
522
7.570
8.685
The notes forni part of these financial statements
Page 5

GLAD RADIO SCIO
BALANCE SHEET
31 MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
1,002
1.845
CURRENT ASSEV3
Cash at bank
7.152
7.238
CREDITORS
Amounts falling thie within one year
(584)
(398)
NET CURRENT ASSETS
6.840
TOTAL ASSETS LESS CURRENT
LIABILITIES
7.570
8.685
NET ASSETS
7,570
8,685
FUNDS
Unrestricted fimds
Restricted funds
7.048
522
4.292
4,393
TOTAL FUNDS
7370
8.685
The fllLgncial statements were approved by the Board of Trustees and authorised for issue on 22 December 2025 and were
signed on its behalf by:
The notes forni part of these financial statements
Page 6

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Chariiies SORP (FRS 102) 'Accouniing and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparin
their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Finaiicial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities and
Trustee Investment (Scotland) Act 2005.
A55ets and liabilities are initially recognised at historical cost OT transaction value unle55 Otherwise stated in the relevant
accounting policy notes.
The financial statements are presented in Sterling (£).
Going concern
The financial statements have been prepared on a going concern basis which the Trustees believe to be appropriate for
the reasons set oui in the Trusiees, Report.
Financial reporting standard 102- reduced diselosure exemptions
The charity has taken advantage of the follom'ing disclosure exemption in preparing these financial statements, as
pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Section 7 Statement of Cash Flows.
Provision5
Provisions are recognised ￿'hen the charity has a legal or constructive obligation at the reporting date as a result of a
past event, it is probable that the charity will be required to Settle the obligation and the amount of the obligation can be
reliably estimated. Provisions are recognised ai the best estimate of the amount required to settle the obligation at the
reporting date.
Judgemenls
The charity considers on an annual basis the judgements that are made by management when applying its significant
accounting policies that would have the most significant effect on amounts that are recognised in the financial
statements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any
perfomlance conditions attached to the income have been meL At is probable that the income will be received and the
amount can be measured reliably.
Income from govemment and other grants. Vs'hether 'capithl' grants or 'revenue' grants, is reco(Jnised when the charity
has entitlement to the funds, any perforniance conditions attached to the grant5 have been vnet, it is probable that the
income will be received and the amount can be measured reliably and is not deferred.
Other revenue streams are recognised when there is an understanding of the terms to both parties and the charity has
invoiced the appropriate entitv. In the event that a service is subject to conditions that require a level of perfomiance
before the charity is entitled to funds, the incotne 15 deferred and not recognised until either those conditions are fully
met or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those
conditions will be ￿lfIlled in the reporting period.
Expenditure
Liabilities are recognised as expenditure a5 500n as there is a legal or constructive obligation committing the charity to
that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the
obligaiion can be measured reliably. Expendilure is accounied for on an accruals basis and has been classified under
headings that aggregate all cost related to the category,. IhThere costs cannoi be directly attributed to particular headings
they have been allocaled to activities on a basis consistenl with Ihe use of resources.
Page 7
continued...

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES- continued
Charitable activities
Costs of charitable activities are incurred on the charity's provision including support costs and costs relating to the
governance of the charity.
Governance costs
Consists of the costs of the accounts preparation and other financial service5 and any expenditure incurred in
compliance with the legal requirements of (he charity.
Allocation and apportionment ofeosts
Support costs are those functions that assisi the work of the charity but do noi directly undertake charitable activities.
Support costs include back office costs. finance. personnel and governance costs which support the charitys
programmes and activities. These cosls have been allocaied to expendirure on charitable activities.
Tangible fixed assets
Depreciation is calculated 50 as to ￿TIle off the cost OT valuation of an asseL less its estimated residual value, over the
useful economic life of that asset as follows=
Equipment - 200/0 Straight line
Tangible fixed assets are included at cosi less accumulated depreciation and accumulated impairnient losses.
Impairment of tangible fixed assets
At each reporting date non-financial assets not carried at fair value. like plant and equipmenL are reviewed to deterniine
whether there is an indication that an asset mas, be impaired. If there is an indication of possible impairnient, the
recoverable amouni ￿'hICh is the higher of value in use and the fair value less cost to sell, is estimated and compared
with the carrying amount. If the recoverable amount is lower. the carrying amount of the asset is reduced to its
recoverable amount and an impainnent loss is recognised immediately in profil and loss.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted Purposes within the object5 of the charity. Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Financial instruments
The charity only enters into basic financial instrnments transactions that result in the recognition of financial assets and
liabilities like other accounts receivable and pa)'able.
Debt instruments thai are pavable or receivable within one year, typically other accounts recelvable and payable, are
measured, initially and subsequently, at the undi5counted amount of cash or other consideration expected to be paid or
received.
Financial assets measured at C05t and atnortised c05t are assessed at the end of each reporting period for evidence of
impairnlent and if found, an impairment loss is recognised in profit or loss.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is
discharged, cancelled or expires.
Page 8
continued...

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2025
AccouNfING POLICIES- continued
Financial instruments
Cash and c&sh equivalents includes cash in deposits held at call with banks. other short-tern) higbly liquid
investrnents with original maturities of three months or less aDd bank overdrafts. Bat& overdrafts, when applicable, are
shown within borrowings in cu￿ent liabilities.
TRUSTEES, REMUNERATION AND BENEFfTS
There were no t￿￿tees, remuneration or other benefits for the yfdr ended 31 March 2025 nor for the year ended
31 Mar¢h 2024.
Truste¢s' expenses
There were no tn]stees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTivrrIES
UDrestricted
funds
Restrieted
fund
Total
funds
INCOME FROM
Donations and legacies
2,869
2,869
EXPENDITURE ON
Charitable activities
Admin Expenses
Support costs
Governance costs
686
4.421
686
5,444
225
1.023
225
Total
1248
5,107
6,355
NET IF4COMElffXPENDITURE)
1.621
(5.107)
(3.486)
RECONCILIATION OF FUNDS
Total funds brougbt forward
2.671
9.500
12.171
TOTAL FUNDS CARRIED FORWARD
4.292
4,393
8,685
Pa8e 9
continued...

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2025
TANGIBLE FIXED ASSETS
Computer
equipment
COST
At l April 2024 and 31 Ma￿h 2025
4,216
DEPRECIATION
At l April 2024
Charge for y¢ar
2,371
843
At 31 March 2025
3,214
NET B(X)K VALUE
At 31 March 2025
1,002
Ai 31 March 2024
1,845
CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
2025
2024
Other C[￿ltorS
$84
398
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Total
runds
2024
Total
funds
Unrestrieted
funds
Restricted
fund
Fixed assets
Cutrent assets
Current liabilities
1,002
6,630
(584)
I,(Mb2
7,152
(584)
1.845
7,238
(398)
522
522
7.570
8.685
MOVEMENT IY4 FUNDS
Net
movement
in funds
At
3113r25
At 114n4
Unrestricted funds
General fund
4292
2,756
7.048
Restricted funds
The National I￿ttery Community Fund
4J93
(3,871)
522
TOTAL FUNDS
(1,115)
7,570
Page 10
continued...

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMEI¥T IN FUNDS- continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fimd
4,834
(2,078)
2,756
Restricted funds
The National Lottery Community Fund
(3,871)
(3,871)
TOTAL FUNDS
4,834
(5,949)
(1,115)
Comparatives for movement in funds
Net
ovement
in funds
At
3113r24
At 114123
Unrestricted funds
General fund
2.671
1.621
4,292
Restrieted fun(L8
The N*ional ￿ttery Community Fund
9.500
(5.107)
4.393
TOTAL FUNDS
12,171
(3,486)
8,685
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrieted funds
General fund
2.869
(1.248)
1.621
Restricted funds
The National Lottery Community Fund
(5,107)
(5,107)
TOTAL FUNDS
2,869
(6,355)
(3,486)
The National I￿ttery Community Fund
A grdnt received for equipment and related costs.
Pagell
continued...

GLAD RADIO SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 12