**CHARITY NO: SC048801**
## **APROXIMA SCIO**
**REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **APROXIMA SCIO**
## **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
||**PAGE**|
|---|---|
|Reference and Administrative Information|1|
|Report of the Trustees|2-4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8-14|
## **APROXIMA SCIO**
## **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Trustees** Angus Farquhar Pauline Silverman Neil Cairns Hannah Swanson (resigned 25 March 2026) Kate Kirkwood (appointed 1 April 2026) **Principal Office** 26 Ashburton Road Glasgow G12 0LZ **Charity Number** SC048801 **Independent Examiners** Azets Audit Services Titanium 1 King’s Inch Place Renfrew Glasgow PA4 8WF **Bank** Santander Business Banking 2 Triton Square Regent’s Place London NW1 3AN UK
1
## **APROXIMA SCIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026**
The Trustees are pleased to present their report together with the financial statements of the charity for the year ending 31 March 2026.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
## **Structure, governance and management**
## _Governing Document_
The charity is a Scottish Charitable Incorporated Organisation (SCIO) governed by its constitution which was registered with the Office of the Scottish Charity Regulator on 31 October 2018.
Under the constitution any person who is willing to act as a trustee, and is permitted by law to do so, may be appointed to be a trustee by a decision of the other trustees.
## **Objectives and activities**
Aproxima is an environmental arts charity based in Glasgow. It creates multi-disciplinary work that spans live productions, community local food initiatives, creative design and public interventions. Aproxima works at both a neighbourhood and national scale, often outdoors or in unusual or unused places with the integral involvement of local people. This will include all forms of public art, horticulture, environmental art, visual art, live performance, events, writing, lectures, symposiums, discussions, site based installations, films, and architecture.
Aproxima also supports the advancement of citizenship and personal development by collaborating with local communities, whether through direct participation or otherwise in the delivery of all forms of art related activities. This may include using art to provide innovative regeneration strategies that can be of benefit both at a local and national level. We also encourage the open learning and exchange of values and beliefs to find ways to enhance community relationships.
The Necropolis Glasgow's great silent 'City of the Dead' contains over 50,000 burials, it is well known for the grand memorials to the richer residents of the city, built from 1836 onwards. The cemetery contains 21,000 common graves, where people were buried when their families could not afford the price of a headstone. Aproxima staged the first of several communal interventions in the Necropolis, a Winter bulb planting event with singer Karine Polwart, attracting significant press coverage and positive reviews. The initiative developed a continuing partnership with The Friends of Glasgow Necropolis, Scouse Flowerhouse, the National Wildflower Centre and Glasgow City Council.
April 2025-March 2026 has been a pivotal year for Aproxima with the delivery of a major part of Glasgow Requiem. Glasgow Requiem is a 5-year creative programme spanning public ceremony, community archaeology, horticultural design, sound works, live performance, permanent works and imaginative responses to Glasgow’s mediaeval roots, pre-industrial history and founding mythologies.
We started with the delivery of Glasgow Requiem: The Walk. A journey through the oldest parts of the city of Glasgow with a scripted immersive self-guided audio tour, narrated and hosted by Gary Lewis, along with a host of Scottish actors, with bespoke music by Andrew Knight-Hill and direction by Purni Morell.
2
## **APROXIMA SCIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026**
## **Objectives and activities (continued)**
Beginning in Townhead and taking in iconic landmarks such as the Royal Infirmary, Cathedral and Necropolis, the captivating route leads you through some of the city’s most visited places while uncovering some of the hidden lives and stories they’re built on. The Walk is a hosted audio stream and available to listen to at any time on a phone with headphones. In its first season 16,000 undertook the walk with very positive feedback. It will remain active for 3 years.
The Well is the latest programme development. The ancient well, existing for centuries in the lower church of Glasgow Cathedral, has been reawakened as Glasgow's Wellspring. The work uncovered and reinterpreted the sacred site, once central to Glasgow’s foundation story, through archaeology, contemporary art, and music - marking the city’s 850th anniversary.
Originally known as St Mungo’s Well, an ancient site, it was once at the heart of both pagan and Christian ritual. Despite its historical and spiritual significance, the well had become overlooked and widely forgotten. Aproxima has restored its visibility and meaning as a place of blessing, wishing and reflection for all, through the creation of a beautiful circular mosaic within the structure, built from 957 handmade Venetian coloured glass gold leaf tiles, collaborating with mosaicist Joanna Kessel.
Huge thanks for support from David Narro Associates, Orsoni Venezia 1888 and TRB Lightweight Solutions.
To facilitate the complex installation, the well was excavated for the first time in living memory with a team lead by Professor Stephen Driscoll and David Sneddon; giving the public a rare chance to see archaeology in action as thousands of offerings were removed and the well cleaned and reactivated with clear flowing water.
The year finished with a dedicatory concert and performance in the Glasgow Cathedral Nave with narration by Gary Lewis and contributions by Karine Polwart, Siobhan Miller, Harry Gorski-Brown, Cameron Sinclair, Claire M. Singer, the Madrigirls and the Maryhill Integration Network Joyous Choir.
The trustees would like to thank the generous support of the funders and patrons who have enabled
Aproxima to build and successfully deliver a portfolio of works for Glasgow Requiem. The William Grant Foundation have been instrumental in supporting the core organisational needs of the charity.
Creative Scotland The Hugh Fraser Foundation Sustrans Artroots Glasgow Life The Caram Trust The National Lottery Heritage Fund The Glasgow City Council G850 Fund The Mickel Trust Glasgow City Heritage Trust The Tom Farmer Foundation The Robin Leith Trust The Mercers’ Company Robin Hardie Andrew Mickel Mary Ann Sutherland The Hope Scott Trust Cockaigne Fund City Centre Improvement Grant Fund The William Syson Foundation Historic Environment Scotland
3
## **APROXIMA SCIO**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026**
## **Plans for future periods**
Aproxima are continuing promotion of the GPS located Audio Walk following a route to from Townhead to Calton exploring lesser-known parts of Glasgow's pre-industrial history.
Kelvindale Growers Garden goes from strength to strength with continued community involvement and a programme of workshops and events for free throughout the year supported by the Glasgow Wellbeing Fund. Further help from Glasgow City Council Area Partnership funding will see capital site upgrades throughout the year.
Work on the Eta Flower Memorial in Glasgow Necropolis continues with the delivery of a new permanent Scheme for the summer with mass participatory planting and a dedicatory concert.
An exhibition on the Glasgow Cathedral Well and the Wellspring Mosaic will run from Spring to Autumn at the Glasgow City Heritage Trust HQ in the Merchant City, displaying artefacts collected during the excavation of the well structure.
## **Financial review**
The results for the year and financial position are set out in the attached financial statements. The charity’s incoming resources for the year were £221,335 (2025: £170,303) and total resources expended were £208,130 (2025: £133,535) leaving a surplus of £13,205 (2025: surplus of £36,768) at the year end.
## **Reserves Policy**
The trustees’ policy is to maintain unrestricted funds equal to 3 months’ worth of operational costs. The unrestricted free reserves at 31 March 2026 were £32,312 and the trustees consider that this is well above the target level.
## **Trustees’ responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that year. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any
- material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate
- to presume that the charity will continue in business.
-
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006, and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees and signed on their behalf by:
Name: Pauline Silverman
Date: 08/07/2026
4
## **APROXIMA SCIO**
## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF APROXIMA SCIO FOR THE YEAR ENDED 31 MARCH 2026**
I report on the accounts of the charity for the year ended 31 March 2026 which are set out on pages 6 to 14.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) 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
## **Basis of independent examiner’s statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended)
. 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 view given by the accounts.
## **Independent examiner’s statement**
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 respects 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 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.
William Vernall
Azets Audit Services Titanium 1 King’s Inch Place Renfrew Glasgow PA4 8WF
Date: 08/07/2026
5
## **Aproxima SCIO**
## **Summary of financial activities for the year ended 31 March 2026**
|**Notes**
Income and endowments from:
Donations and legacies
**5**
Charitable activities
**6**
Other
Total income
Expenditure on:
Charitable activities
Other
**7**
Total
Net gains on investments
Net expenditure
Net movement in funds
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
Net expenditure before other gains/
(losses)|**Unrestricted**
**funds 2026**
**£**
26,279
-
-
26,279
1,847
13,827
15,674
-
10,605
10,605
10,605
21,707
**32,312**|**Restricted funds**
**2026**
**£**
185,115
9,942
195,057
175,751
16,706
192,457
2,600
2,600
2,600
33,000
**35,600**|**Total funds 2026**
**£**
211,394
9,942
-
221,335
177,598
30,533
208,130
-
13,205
13,205
13,205
54,707
**67,912**|**Total funds 2025**
**£**
158,224
-
12,079|
|---|---|---|---|---|
|||||170,303
115,539
17,996|
|||||133,535
-
36,768|
|||||36,768
36,768
17,939|
|||||**54,707**|
6
Apromima SCIO
Balance sheet at 31 March 2026
Notes
2026
2025
FIMed assets
Tangible assets
io
3,807
.4,Rn7
2,482
Current assets
Cash at bank and in hand
Debtors
53,545
12,9CM)
66,445
33,575
25,OCIJ
58,575
Credltors: Amount falling due wlthin one year
12
12.3401
16.3501
Net current assets
64,105
52,225
Total assets less current Ilabllltles
67.912
54.707
Credltors: Amounts falling due after more than one year
Net a55ets excluding pension a55et or liability
67,912
54,707
Total net assets
67.912
54.707
The fund5 of the charity
13
Unrestricted fund5
Unrestricted funds
Restricted funds
13
32,312
35,6CM)
21,707
33,OCM)
Total funds
67,912
54,707
Approved by the Ex)ard on 0810712026
And signed on its behalf by..
Trustee
## **Aproxima SCIO**
## **Notes to the accounts for the year ended 31 March 2026**
## **1 Accounting Policies**
## **Basis of preparation and assessment of going concern**
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities
Accounts (Scotland) Regulations 2006.
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## **Funds structure**
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal.
Further details of each fund are disclosed in note 13.
## **Income recognition**
Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is 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 fulfilled in the reporting year.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Income from government and other grants, whether ëcapitalí or ërevenueí grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **Expenditure recognition**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.
Expenditure on charitable activities includes governance costs and other activities undertaken to further the purposes of the charity and their associated support costs;
Irrecoverable VAT is charged as a cost against the activity for which the expenditure is incurred.
8
## **Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised. Refer to the trustees' annual report for more information about their contribution.
## **Allocation of governance costs**
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory independent examination fees.
The allocation governance costs are analysed in note 8.
## **Tangible fixed assets and depreciation**
All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged as follows:
Basis Office Equipment 4 years straight line Computer Equipment 3 years straight line Cycle Equipment 4 years straight line
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
9
## **Aproxima SCIO**
## **Notes to the accounts for the year ended 31 March 2026**
## **1 Accounting Policies (continued)**
## **Judgements and key sources of estimation uncertainty**
In the application of the companyís accounting policies, the Directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the year in which the estimate is revised, if the revision affects only that year, or in the year of the revision and future years if the revision affects both current and future years.
The trustees are satisfied that the accounting policies are appropriate and applied consistently. Key sources of estimation have been applied as follows;
Estimate Basis of estimation Fixed assets are depreciated and amortised over the useful life of the asset. Depreciation of fixed assets The useful lives of fixed assets are based on the knowledge of the operations team, with reference to assets expected life cycle.
## **2 Legal status of the charity**
The charity is a registered Scottish Charitable Incorporated Organisation.
## **3 Related party transactions and trusteesí expenses and remuneration**
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2025: £nil). There were no trustee expenses paid or waived during the year (2025: £nil).
£36,000 (2025: £39,000) was paid to trustee Angus Farquhar in relation to consultancy fees during the year. No outstanding amounts were due at the year end.
## **4 Statement of Financial Activities - prior year**
|Income and endowments from:
Donations and legacies
Other incoming resources
Total income
Expenditure on:
Charitable activities
Other
Total
Net gains on investments
Net expenditure
Net expenditure before other gains/ (losses)
Net movement in funds
**Reconciliation of funds:**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**funds 2025**
**£**
53,520
12,079
65,599
43,835
17,996
61,831
-
3,768
3,768
3,768
17,939
21,707|**Restricted funds**
**2025**
**£**
104,704
-
104,704
71,704
-
71,704
33,000
33,000
33,000
-
33,000|**Total funds 2025**
**£**
158,224
12,079|
|---|---|---|---|
||||170,303
115,539
17,996|
||||133,535
-
36,768
36,768
36,768
17,939|
||||54,707|
10
|**5 Income from donations and legacies**
Other grants and donations
Robin Leith Trust
National Lottery Heritage Fund
Glasgow City Council 850
Glasgow City Council
Creative Scotland
Hugh Fraser Foundation
William Grant Foundation - unrestricted
William Grant Foundation - St Mungos Well Artwork
**6 Other income**
Theatre tax credit
Ticket sales
**7 Analysis of other expenditure**
Motor and travel costs
Premises costs
General administrative costs
Depreciation
**8 Allocation of governance**
**The breakdown of governance costs is shown in the table below**
**Governance costs:**
Independent examiner's remuneration
**9 Net income/(expenditure) for the year**
This is stated after charging:
Depreciation
Independent Examiners fee||**Total**
**2026**
**£**
76,544
9,500
51,600
26,929
21,571
5,250
-
20,000
-
211,394
**Total**
**2026**
**£**
-
9,942
9,942
**Total**
**2026**
**£**
11,244
1,662
16,492
1,135
30,533
**2026**
**£**
1,140
**2026**
**£**
1,135
1,140|**Total**
**2025**
**£**
110,224
-
-
-
-
-
3,000
20,000
25,000|
|---|---|---|---|
||||158,224
**Total**
**2025**
**£**
12,079
-|
||||12,079
**Total**
**2025**
**£**
8,695
4,270
4,250
781|
||||17,996
**2025**
**£**
2,100
**2025**
**£**
781
2,100|
11
## **10 Tangible Fixed Assets**
|**Office**
**Equipment**
**£**
**Cost**
As at 1 April 2025
787
Additions
Disposals
-
As at 31 March 2026
787
**Depreciation**
As at 1 April 2025
754
Charge for the year
33
On disposals
-
As at 31 March 2026
787
**Net book value**
As at 31 March 2026
-
As at 31 March 2025
33
**11 Debtors**
Prepayments and accrued income
**12 Creditors**: amounts falling due within one year
Other creditors
Accruals|**Computer**
**Equipment**
**£**
924
2,460
-
3,384
759
449
-
1,208
2,176
165|**Cycle Equipment**
**£**
2,561
-
2,561
277
653
-
930
1,631
2,284
**2026**
12,900
**2026**
-
2,340|**Total**
**£**
4,272
2,460
-|
|---|---|---|---|
||||6,732
1,790
1,135
-|
||||2,925
3,807
2,482
**2025**
25,000
**2025**
3,350
3,000|
12
## **13 Analysis of charitable funds 2026 Analysis of fund movements**
|**Unrestricted funds**
General funds
**Total unrestricted funds**
**Restricted funds**
Glasgow Requiem Programme
Kelvingrove Growers Garden
St Mungos Well Artwork
**Total restricted funds**|**At 1 April**
**2025**
**£**
21,707
21,707
8,000
-
25,000
33,000
54,707|**Incoming**
**resources**
**(including**
**other gains/**
**losses)**
**£**
26,279
26,279
103,021
13,450
78,586
195,057
221,335|**Resources**
**expended**
**£**
(15,674)
(15,674)
(85,521)
(3,350)
(103,586)
(192,457)
(208,130)|**Gross transfers**
**£**
-
-
-
-
-
-|**At 31 March**
**2026**
**£**
32,312|
|---|---|---|---|---|---|
||||||32,312
25,500
10,100
-|
||||||35,600|
||||||67,912|
## **2025 Analysis of fund movements**
|**Unrestricted funds**
General funds
**Total unrestricted funds**
**Restricted funds**
Glasgow Requiem Programme
Kelvingrove Growers Garden
St Mungos Well Artwork
**Total restricted funds**
**TOTAL FUNDS**|**At 1 April**
**2024**
**£**
17,939
17,939
-
-
**17,939**|**Incoming**
**resources**
**(including**
**other gains/**
**losses)**
**£**
65,599
65,599
78,104
1,600
25,000
104,704
**170,303**|**Resources**
**expended**
**£**
(61,831)
(61,831)
(70,104)
(1,600)
-
(71,704)
**(133,535)**|**Gross transfers**
**£**
-
-
-
-
-
-
**-**|**At 31 March**
**2025**
**£**
21,707|
|---|---|---|---|---|---|
||||||21,707
8,000
-
25,000|
||||||33,000|
||||||**54,707**|
The unrestricted funds are available to be spent for any of the purposes of the charity.
Restricted funds are held for the following purposes:
Glasgow Requiem Programme - funding towards the Requiem Walk project Kelvingrove Growers Garden - funding towards the Community Wealth Building Mainstreaming Project
St Mungos Well Artwork - funding towards the cost of commissioning and installing a mosaic artwork within the Well associated with St Mungo in Glasgow Cathedral.
13
## **14 Net assets over funds**
|**Net assets over funds**||||
|---|---|---|---|
|**2026**
Tangible fixed assets
Debtors
Bank
Creditors
**2025**
Tangible fixed assets
Debtors
Bank
Creditors|**Unrestricted**
**funds**
**£**
3,807
-
30,845
(2,340)
32,312
**Unrestricted**
**funds**
**£**
2,482
-
25,575
(6,350)
21,707|**Restricted funds**
**£**
12,900
22,700
-
35,600
**Restricted funds**
**£**
-
25,000
8,000
-
33,000|**Total funds 2026**
**£**
3,807
12,900
53,545
(2,340)|
||||67,912
**Total funds 2025**
**£**
2,482
25,000
33,575
(6,350)|
||||54,707|
14