IIRAhll Fllu
annual report 2024

## **Contents** 

## **Reference And Administrative Details** 

References and Administrative Details _________________________3 

Structure, Governance and Operations _________________________4 Objectives and Activities _____________________________________8 Achievments and Performances____________________________26 Financial Review ________________________________________ 38 Plans for Future Periods __________________________________ 40 Principle Rsks and Uncertainties __________________________ 44 Statement of Trustees Responsibilities _____________________ 46 

Charity Name: Strange Field SCIO 

Scottish Charity Number: SC052132 

Charity Registration Date: 1 November 2022 

Principal Office Address: 105-109 French Street, Glasgow, G40 4EH 

Type of Governing Document: SCIO Constitution 

**2** 

**3** 

STRANGE FIELD/ANNUAL REPORT 2024 



## **Structure, Governance And Operations** 

## How Trustees are Appointed: 

Trustees are appointed in accordance with the SCIO Constitution.Trustees are appointed in accordance with the SCIO Constitution. The charity operates with a board structure where trustees are appointed by the existing board members. The constitution provides for the appointment of additional charity trustees by resolution of the charity trustees, ensuring appropriate skills and experience to govern the organisation effectively. 

## Trustee Induction and Training: 

New trustees receive induction covering the charity’s mission, governance structure based on the Policy Governance model, and trustee responsibilities under Scottish charity law. Trustees are required to become familiar with the Trustee Policy Manual and Strange Field’s policies. 

## Policy Framework: 

- Governance operates through four key policy areas: 

- Ends Policies - organisational aims and benefits for communities 

- Governance Process - how the Trustee Committee manages itself 

   - Trustee Committee-Executive Relationship - delegation and accountability 

- 

- Executive Limitations - boundaries for staff authority and decisions 

- The Trustee Policy Manual (version 1.0) was officially adopted by the Trustee Committee in 

## Decision-Making and Governing Style: 

Strange Field SCIO operates using a Policy Governance approach (based on the Carver Model), emphasising non-hierarchical decision-making, collective authority, and community ownership principles. The organisation is led by a board of trustees who provide strategic oversight and ensure the charity meets its charitable purposes. 

During 2024, the operations team prioritised strengthening operational infrastructure with some progress. The Trustee Committee maintained oversight through the Policy Governance framework. 

The Trustee Committee adopted the Policy Governance approach (Carver Model) in 2023, governing with emphasis on: 

- Outward vision rather than internal preoccupation 

- Strategic leadership rather than administrative detail 

- Clear distinction between Trustee Committee and Executive roles 

- Collective rather than individual decisions 

- Future focus rather than past or present 

- Commitment to co-operative principles 

The Trustee Committee exercises collective governing authority, representing the “moral ownership” of Strange Field - the communities served. No individual trustee exercises authority except as instructed by the full Committee. 

During 2024, the organisation operated two venues: The Pipe Factory and French Street (105109 French Street, Glasgow, G40 4EH), providing accessible creative spaces for contemporary art practice and community engagement. 

**4** 

**5** 

STRANGE FIELD/ANNUAL REPORT 2024 



Trustees and Key Personnel Who Served Durir¥J
the Financial Year:
STRANGEFIEiD/ANNUALREPORT2024

## **Objectives and Activities** 

Our vision is for accessible creative platforms to be embedded across Glasgow, as catalysts for increased creative development, education, experimentation, inclusion, and wellbeing, with a focus on centering diverse voices. 

## Charitable Purposes: 

Strange Field provides space, facilities and support for contemporary art practice, education, enquiry, and research for the benefit of our local communities (G31 & G40) and anyone’s individual or collective arts practice and in the interest of social welfare for recreation and creative education so that their conditions of life, wellbeing and opportunities be improved. 

**8** 

**9** 

STRANGE FIELD/ANNUAL REPORT 2024 



# **In 2024 Strange Field delivered an significantly expanded programme of contemporary art activities** 

## Main Activities Undertaken in 2024: 

1. Contemporary Art Exhibitions: Major curated exhibitions including the Chris Leslie Exhibition (600 attendees), Philip Ewe exhibition (213 attendees), Morwenna Kearsley exhibition (250 attendees), and Harriet Rickard Exhibition 

2. Artist Development Workshops: Expanded workshop programme including Kiln Klub Open Days, community art workshops, and artist-led sessions across both venues 

3. Community Engagement: Youth-led music nights, family events (Family Roller Disco, Queer Roller Disco), and community celebrations 

4. Youth and Community Engagement: Continued delivery of valued educational programming for young people 

5. Performance and Music Events: Regular performance programming including “Agenda”, “Yer Dinners Ready”, “Personell”, and community music events 

6. Venue Provision and Hire: Maintained accessible spaces for artists and community groups, including Women’s Centre events and community collaborations 

7. Accessibility Leadership: Continued embedding BSL interpretation, access riders as standard practice, and inclusive design across all programmes 

## **“ I really enjoy the variety of events and exhibitions you are showing ”** 

Feedback from visitor 07/06/2024 

8. Major Milestone: The Pipe Factory Closing Party (30 November 2024) marking venue closure for refurbishment ahead of Spring 2026 reopening - 278 attendees, 14 artists, 6 freelancers 

**10** 

**11** 

STRANGE FIELD/ANNUAL REPORT 2024 



Programme
Highlight 01
Philip E*?: The Fourlh Wall
V￿rk spans perfomiance.
instsl1ati0￿ sculpture and film. His V￿rk
examines the perfmativty of gestures,
of both the individual and the state, and
the absurdity that lurks within these
interactior￿. For stran￿ Field
considers as ￿dIeS mcwiro through
urbanised spaces. drawing on theatrical
apparatus and the mediatization of the
self to explore personal identty and how
the wastelands. decay. and regeneration
of these stA￿S are intiinsicalty linked
to our own psychological and physical
transformations within public space.
Artist Feedback:
"IVS provided the next steps- I've developed
a show that speaks to autobiography.
5pa¢e and redevelok¥nent in experimentsl
ways arKI at scale. I've not experienced an
environment for suppcKt quite like it from
my experience as an artist in LoTrJon and
across small venues on the continenL
IYS been amazing to work with Stfdn9e
Field, a space that feels genuinety
embedded in Dalmamcck, co-directed
by unique force of nature
They share a passicfft for the adVentUr￿S
aspects of making art that has set
mefree througk>ut making ofthe
show. I don't know a situation like it - in
its architecture. model of organisation.
appetite ts experimentation aTrJ an
ambiticws understanding of the supwt
and freedoms artists need to make wiyk as
they do. No exhibiton space looks like it, no
organi8ation behaves like it- I can't waitl"
12
STRANGEFIEiD/ANNUALREPORT2024
13

Programme
Highlight 02
Morwenna Kearsley: Apparatus
Infonned by a research project Devilled
Eggs. which f￿Used w the industrial
manufacture of albumen papers in the 19th
century, APPARATUS ￿ntreS around tt
t￿lS and materials that make p￿tographY
possible and the meaning we assign
to our experpnces through a system of
signs and symbols. For her first major-
scale solo exhibition, Kearsley transf￿nS
the dd Dalmamctk print factory into an
immersive space with a new series of
large-scale photcgraphs. Leaning into t
transfomiational, alchemical properties of
analogue photcgraphyi retraciry the lineage
of the 'surreal' image, Kearsley circles back
to her own eyriences via the histories of
the medium.
Ik-
APPARATUS will al¥) take place across
the city, where in partnership with Jack
Arts works from the project will populate
sites across Glasgow. including their West
Graham Street lightboxes. This relationship
between tthotography within the pubSc
space, and the history of the billboard
advertisement seen through a feminist
lens is explored through these site specific
f- 1 worf(s and mirTored in the large scale
photographic Y￿rk housed within French
Street.
I,jL
Authence Feedback:
'Loved the e*hibition- playful. obscure.
th¢)ught provoking and beautrful!.
"Fantastic work by M(xwenna in brilliant
location"
"Fabulous eyhibition! Full of ideas!"
14
STRANGEFIEiD/ANNUALREPORT2024
15

Programme
Highlight 03
Chris Leslie: Beyond The Gwne5
In 2024 Straroe ￿eld hosted an Artist
in Residence with Iwal photographer
Chris Leslie. documenting the changes
in Dalmamock over the past ten years,
co1￿lding with the10 year anniversary
ofthe 2014 Commnv+palth Games in
GLasgow. The project will revisit the
work Chris made bets*en 2007-2014
to drKurrent Dalmamock and, in its ten
year anniversary, will examine the legacy
of the 2014 Commnv+palth Games and
subsequent impact it has had on local
residents. Chris will work with the local
corNnunty to develop an oral archive and
photography cdlection that documerts
the stories. heritage and recent hist¢Ny of
Dalmamoc&.
BA￿A &oiland New Talent avrdrd-wiming
photographer arKI filmmaker
is widely acknowledged as the r￿st
consistent chrordcler of the city's recent
history. In 2LIJ7. Chris began a 10-year
long-temi multimedia proie¢t'DisaFvearing
Gksgow, which documerrts an era of
spectacular thange in Glasgow thrO￿h
photography and video, examining the
changes he saw as a Ictal resident and
the impact it vrns having on the lives of his
community.
Authence Feedback:
'Brilliant exhibitic￿. Bom and bred East End
and bw)rl(ed in the Legacy Hub from 2021-
2023 with PEEK. Great to see a range of
Stories represented. Hope to retum to t
exhibition with a ￿0Up of young pecple."
'Impcrtant show in the perfect location
within the com￿n￿..
16
STRANGEFIEiD/ANNUALREPORT2024
17

Performance
Programme
Highlights 01
Agenda is an evening expl(￿ng the
dynawics that thange the ststus of a
performer and an audience,. from intimacy
to indifference, the holistic to the FN)oligan,
from a teacher to a tyrant. from the
prosecution to the defendant and vice
versa.
Yer Dinners Fle8dy".
A nostalgic evening of cuisine, perfonr$ar￿e
and installation. The night features new
work from
The second event in our
new perfornance series YER DINNER'S
READY transports you to a simpler time.
of after school TV dinners and Nokia 3310
polyphonic rIngt￿e$, Teletext. and Lynx
Africa, offered up by a group of GlaS￿W
based artists.
Personnel: Phily Ewe, Gordon Douglas
Jane Fawcett, Shona Macnaughton
Each artist's practice nwigates themes
pertinent to exhibition, surrounding the
professionalisation and commcxjification
of self and the system behveen an
audience. space. artist and artw￿k. Either
as directors. perf¢yn*rs or deggners of
live gtuations there is a questioning of
the ephemeral positsons artists ￿ld, as
instigatcffs and unreliable narrators. The
artists share histories with live that
questiM the role of the perfomer bei
centre sts9e arKI under the spotli9hL
18
STRANGEFIEiD/ANNUALREPORT2024
19

Open Programme
Highlight 01
Eden Bo Dower: Sense of Urgency
Sense of Urgency ￿as a month-long
reSIde￿Y bringing tcrfJether 23 artists and
makers sharing 8 SP8ce of productio
culminatiry in a public exhibiticm.
100% of partiapants said they w￿jId take
part in a residency like this again
75% rated their overall experience 515; 25%
rated it 415
83.3% cited space and v￿rkIng al￿gSide
others as primary rrw)tiYdtions.
Participanl Feedback:
"[1 enjoyed] Having the sp8(* ￿PF)ort
to try out bigger more ambitious ideas in
an cpen DN way.Thefriendly infomal
enwronment gave us freedom to explore
processes we were always given really
positive enc￿￿raging feedbackl help sdving
problems."
"[1 enjoyed] Feeling like I coukj tr￿Y
sink into a headspace of freedom and
experimentstion. Aicking off the switch of
needing to be makirKJ in a certain way and
just playing. Being around lots of people
and seeing everybody getting consumed by
making Eady mmings, busy days. exciting
evenings!"
"[1 enjoyed] The openness ofthe brief given
and the freedom to create. The ongryng
dialogue that Eden prowded thr￿gh￿t
making it feel conversab'onal but still
probing, constructive. The organisation
of the residency.. scTrEduling, briefing.
construction of thow was really well
organised and ccffimunicated."
20
STRANGEFIFLD/ANNUALREPORT2024
21

22
STRANGE FIELD/ANNUALREPORT2024
23


## **Music Highlights** 

Live music has become a cornerstone of our open programming. A highlight was our collaboration with a collective of 16–18-yearold producers who sought a venue to selfmanage a series of live events. 

Empowering the Next Generation The group approached us after a predatory experience at a city-center commercial venue, where they were expected to drive ticket and bar revenue only to be compensated with a nominal £2 fee per performer. 

In response, we offered a residency-style partnership designed to foster professional autonomy. Rather than focusing solely on performance, the group managed the entire event lifecycle - from concept and curation to technical production and marketing. Under an “arms-length” mentorship model, the collective retained 100% of ticket profits, while Strange Field offset operational costs through concessions. 

Impact and Demand The initiative was a resounding success: 

Engagement: All three events reached full capacity (Sold Out). 

Infrastructure: The project highlighted a critical lack of provision in Dalmarnock, which currently offers zero dedicated facilities for young people. 

Skill Gaps: These sessions addressed the broader regional deficit in formal event production training, providing a necessary pipeline for Glasgow’s thriving music ecosystem. Our music programming continues to diversify, featuring a range of sonic explorations and experimental performances, including: 


**24** 

**25** 

STRANGE FIELD/ANNUAL REPORT 2024 



26
STRANGEFIEiD/ANNUALREPORT2024
27

Total number of participants: 

Increase from 2023 by 

## **Achievments and Performance** 

3665 

↑ 103.2% 

Dramatic Increase in Arts Access: 3,665 participants engaged compared to 1,804 in full 2023 data - demonstrating continued expansion in community reach 

Artists Supported: 

+ 710 

Increase from 2023 by 

↑ 1,320% 

Artist Support at Scale: 710+ artists supported with platforms, fees, and professional development opportunities 

Strange Field’s 2024 activities provided substantial public benefit through: 

Dramatic Increase in Arts Access: 3,665 participants engaged compared to 1,804 in full 2023 data - demonstrating continued expansion in community reach 

Artist Support at Scale: 710+ artists supported with platforms, fees, and professional development opportunities 

Creative Employment: 206+ creative freelancers employed, supporting Glasgow’s creative economy 

Community Cultural Infrastructure: Two venues providing vital accessible space in areas with limited cultural provision 

Inclusive Practice: Leading on accessibility with BSL interpretation and access riders embedded as standard 

2024 was a year of exceptional programme growth for Strange Field, with delivery expanding from 18 events in late 2023 to 124+ events across the full year. This 589% increase in activity demonstrates the organisation’s growing capacity and community demand for accessible cultural programming in Glasgow’s East End. 

Creative Freelancer Supported: 

206+ 

Creative Employment: 206+ creative freelancers employed, supporting Glasgow’s creative economy 

Increase from 2023 by 

↑ 881% 

**28** 

**29** 

STRANGE FIELD/ANNUAL REPORT 2024 



## **Programme Delivery Statistics** 

124+ events and exhibitions delivered 

3,665 participants engaged 

710+ artists supported 

206+ creative freelancers employed 

Venue Activity 

French Street: 18 events (primary venue after Pipe Factory closure) 

The Pipe Factory: 8 events (January-November, before closure for refurbishment) 

## Major Exhibitions and Events: 

2. Morwenna Kearsley (2-26 

October): 250 attendees, 3 artists, 4 freelancers 

3. Philip Ewe Exhibition (14 September - 8 October): 213 attendees, 1 artist, 6 freelancers 

## Community Celebrations 

The Pipe Factory Closing Party (30 November): 210 attendees, 14 artists, 6 freelancers - marking transition to refurbishment phase 

Strange Field Christmas Market (14 December): 70 attendees, 15 artists, 5 freelancers 

## **Regular Programming** 

Kiln Klub Open Days: Multiple sessions engaging 50+ participants each 

Youth-Led Music Nights: Consistent programming supporting emerging artists 

Community Workshops: Ongoing skills development and creative participation 

Family Events: Roller Disco events promoting intergenerational engagement 

**Programme Quality Indicators:** 

**High audience numbers for exhibitions (average 150-250 visitors per exhibition)** 

**Strong artist engagement (710+ artists choosing to work with Strange Field)** 

Highest Impact Events 

1. Chris Leslie Exhibition (4-28 July): 600 attendees over 25 days - single highest attended event, 1 artist, 1 freelancer 

**Community loyalty (return visitors, repeat participants)** 

**Diverse programming (exhibitions, workshops, music, performance, community events)** 

## ↑ **589%** 

**increase in activity in 2024** 

**30** 

**31** 

STRANGE FIELD/ANNUAL REPORT 2024 



Percentage of site visitors in Glasgow 

## **Digital Engagement 2024** 

FY 2024 was Strange Field’s strongest digital year to date, driven by a major exhibition programme that significantly amplified reach and engagement across all channels. Total visits more than doubled to 4,991 (+129.8%) and unique visitors reached 2,852 (+142.5%), with page views also doubling to 10,501. The top pages reflected the event-driven nature of the year, with the homepage drawing 2,886 views, followed by the what’s on page (777), and two specific event pages -  Yer Dinner’s Ready (685) and a Youth-Led Live Music Night (640) -  featuring prominently in the top five, demonstrating that audiences were arriving with specific programme activity in mind. Glasgow remained the core audience at 52.7% of unique visitors (1,504), with Edinburgh and London the next most frequent locations. Mobile usage peaked at 79.2% of all sessions, the highest across all four years, reflecting the increasingly on-the-go nature of how audiences discover 

and engage with cultural programming. Direct traffic grew 118.2% to 1,879 sessions and organic search rose 91.4% to 1,541, reflecting significantly increased brand visibility and discoverability. Social media referrals surged across all platforms, with Instagram sessions up 428.8% and Facebook up 187.6%, demonstrating the impact of active campaign activity around the exhibition programme. Linktree referrals also grew 45.7%, indicating audiences were actively following through from social bios to the site. 

The subscriber list grew to 187 (+112.5%), with 99 new subscribers gained -  the highest single-year total across all four years. Instagram followers reached 6,057 (+29.5%), consolidating the platform’s rapid growth trajectory from 2023. The average email open rate of 72.5% indicated a highly engaged mailing list audience. 

Total number of website visits: 

## 4991 

This equates to a 12.3% increase from 2022. 

Increase in direct traffic from 2023 

↑ 118.2% 

Direct traffic visitor number was 86. 

Increase in website subsribers 

↑ 112.5% 

Instagram Followers 

6057 

Yer Dinners Ready was the top programme page - this was a ticked event. Ticketed progrmmes generally have a higher page rating than free events. 

52.7% 

Percentage of site visitors based in Glasgow - making it the top location of site visitors, the second top city was Edinburgh as in 2023. 

Percentage of viewing from a mobile 

79.2% 

Compared to vewing on a desktop which was 36.9%. 

Top Programme Page Views: 

## 685 

Yer Dinners Ready was the top programme page - this was a ticked event. Ticketed progrmmes generally have a higher page rating than free events. 

Increase in Instagram followers: 

↑ 29.5% 

Total number of instagram followers in Dec 2023 was 4678. 

**32** 

**33** 

STRANGE FIELD/ANNUAL REPORT 2024 



Like any rapidly growing organisation, Strange Field experienced the classic challenge of infrastructure catching up to programmatic achievement. This provides valuable learning for the wider cultural sector about alternative models of provision. 

demand, effective programming, and funder confidence in the organisation’s mission and delivery. 

## Accessibility Achievements: 

- BSL interpretation embedded across live events 

## Major Achievements: 

- Access riders implemented as standard practice 

Programme Scale: From 18 events to 124+ events - demonstrating community need and organisational capacity 

- Large format texts available on request and trigger warnings for exhibitions 

- Quiet viewing times offered 

Community Reach: 3,665 participants engaged (103% increase) 

- Online walkarounds developed for digital access 

Artist Support: 710+ artists supported (507% increase) 

## Extraordinary Growth and Strategic Development: 

Creative Employment: 206+ freelancers employed (881% increase) 

2024 was a year of exceptional achievement for Strange Field, with programme delivery expanding 589% year-on-year - extraordinary growth by any measure. This success reflects strong community 

Funding Success: Secured Paul Hamlyn Foundation 3-year commitment (£78,073/year), Creative Scotland, NLHF, and Clyde Gateway support 

Major Milestone: Pipe Factory Closing Party (210 attendees) marking transition to refurbishment for Spring 2026 reopening 

## Strategic Challenges - Scaling Infrastructure to Match Success: 

Challenge 1: Building Operational Capacity Alongside Programme Success 

Achievement: Programme delivery succeeded spectacularly with 589% growth and major funding secured. 

Strategic Response: Recognising this as a sectorwide challenge, Strange Field is committed to demonstrating alternative funding models that properly resource operational sustainability - part of the organisation’s mission to pioneer new approaches to cultural provision. 

2025 Priority: Allocate maximum time to SOPs completion; advocate for operational funding in grant applications; share learning about true costs of community-led cultural provision. 

Challenge 2: Income Diversification in Growth Phase 

Achievement: Secured significant restricted funding including Paul Hamlyn Foundation at year-end. 

Growth Challenge: Unrestricted fundraising targets not met in 2024, contributing to year-end deficit. 

Strategic Context: This reflects the broader challenge of building diverse income streams while managing rapid programme expansion. As a young organisation (established November 2022), Strange Field is developing unrestricted fundraising capacity alongside programme delivery. 

2025 Priority: Significant fundraising drive focused on unrestricted income; expand earned income through venue hire; demonstrate sustainability model for community-owned cultural infrastructure. 

**“** Growth Challenge: Funding remained predominantly programme-focused, while operational infrastructure needs expanded proportionally. This created a backlog in developing Standard Operating Procedures and administrative systems needed to sustainably support two-venue operations. **”** 

STRANGE FIELD/ANNUAL REPORT 2024 **34** 

**35** 



Strange Field achieved 589% programme expansion in year three of operation - extraordinary by any measure. 

Challenge 3: French Street - Pursuing Community Ownership Model 

## Strategic Achievement: Advanced 

the organisation’s mission of securing community-owned cultural assets through ambitious expansion plans. 

Initiative: The operations team invested significant effort in negotiations with building owners and Clyde Gateway to secure French Street and develop a 500-capacity annex for community use. 

## This included: 

Pro bono legal support from Shepherd and Wedderburn 

Detailed architectural planning in collaboration with building owner for the newly renovated annex 

Private social investment secured and ready to proceed 

Vision for commercial music programme to cross-subsidize community provision 

Negotiations to include purchase option as part of the new annex lease agreement 

Outcome: Despite considerable time and effort invested, the organisation was unable to formally agree an option to purchase as part of the lease for the newly renovated annex. Clyde Gateway had to withdraw from their role as potential ‘holding’ party due to insufficient funding. When building owners drew a red line on the purchase option, the expansion could not proceed despite private social investors being ready and willing. 

Strategic Learning: The experience reinforced the urgent need for alternative ownership models in cultural infrastructure and highlighted the barriers facing community-led organisations seeking asset security. With the French Street lease expiring July 2025, the organisation continues pursuing community ownership approaches - generating valuable sector learning about structural challenges in securing cultural assets. 

Mission Impact: This situation exemplifies precisely why Strange Field’s mission to secure permanent cultural assets owned and governed by those who use them is critical - particularly as services become increasingly needed and just as funding is secured to grow communities, programmes, and facilities. 

2025 Priority: Secure French Street lease renewal; continue exploring community ownership models; share learning about barriers and opportunities in cultural asset ownership. 

## Challenge 4: Venue Capacity During Pipe Factory Refurbishment 

Strategic Achievement: Successfully transitioned Pipe Factory to refurbishment phase with strong community send-off (210 attendees at Closing Party). 

Growth Challenge: Temporary reduction in venue capacity during refurbishment period. 

Response: Intensified French Street programming; maintained community engagement through increased event frequency; advanced planning for Spring 2026 reopening with enhanced facilities. 

Challenge 5: Leadership Transition 

Achievement: Strong programme delivery under Jenny Tipton’s leadership from March 2023 to December 2024. 

Growth Challenge: Jenny’s departure created a capacity gap, particularly in fundraising expertise. 

Strategic Response: Opportunity to redistribute responsibilities, build team capacity, and explore new approaches to fundraising and programme leadership and organsiational structure. 

2025 Priority: Build distributed fundraising capacity across teams; potential strategic recruitment or consultant support. 

Overall Assessment: 

Strange Field achieved 589% programme expansion in year three of operation - extraordinary by any measure. The focus for 2025 is consolidating this success by building operational infrastructure to match 

## programme achievement. 

As a mission-driven organisation pioneering alternative models of cultural governance and ownership, Strange Field views these challenges as valuable learning to share with the sector about the true resource requirements of community-led cultural provision. 

**36** 

**37** 

STRANGE FIELD/ANNUAL REPORT 2024 



## The dramatic increase from £24,939 (2023) to £186,687 (2024) reflects successful fundraising and the organisation’s growing reputation and delivery capacity. 

increase from £24,939 (2023) to £186,687 (2024) reflects successful fundraising and the organisation’s growing reputation and delivery capacity. 

## Financial Position: 

For the year ended 31 December 2024: 

Total Income: £186,687 (649% increase from 2023) 

## Expenditure Analysis: 

Total Expenditure: £195,877 (1,450% increase from 2023) 

Building costs and premises: £40,221 

Deficit for the Year: £(9,190) 

Management salaries: £46,787 

## Income Analysis: 

Payments for charitable activities (restricted): £77,020 

Unrestricted Income: £91,602 

Grants: £31,465 

Other costs and marketing: £17,403 

Gross trading receipts: £13,392 

Loan repayments: £9,938 

Rents from land and buildings: £28,454 

Accounts preparation: £4,508 

Donations: £3,800 

Total Expenditure: £195,877 

Loan advances: £10,750 

The substantial increase in expenditure reflects the 589% growth in programme delivery, necessary infrastructure investment, and staffing to support sustainable operations. 

Other charitable receipts: £3,741 

Restricted Income: £95,085 

## Major restricted grants: 

## Funds Held at Year End: 

Creative Scotland: £100,000 

Unrestricted funds: £(11,615) - deficit 

National Lottery Heritage Fund: £10,000 (£5,085 + £4,915) 

Restricted funds: £2,425 

Total funds: £(9,190) - deficit position 

Clyde Gateway: £25,000 

William Grant Foundation: £7700 

Total Income Growth: The dramatic 

## Analysis of Deficit - Context and Strategic Perspective: 

The year-end deficit of £9,190 represents 5% of total income and reflects the second year of our planned “investment in stability” strategy: 

1. Strategic infrastructure investment - building capacity to manage significant cultural venues professionally 

2. Scaling costs - supporting 589% programme growth year-on-year 

3. Venue development - Pipe Factory closure transition and refurbishment preparation 

4. Income timing - programme funding secured (Paul Hamlyn Foundation at yearend), but unrestricted fundraising targets not met 

## Organisational Context: 

The 5% deficit represents continued investment in the infrastructure needed to deliver on our mission at the scale required - managing heritage buildings, employing professional staff, and providing adequately resourced community and contemporary arts programming. 

## Sector Context - The True Cost of Community-Led Cultural Provision: 

Charity sector organisations sometimes report planned deficits when investing in foundational infrastructure. The Charity Finance Group, for example, reported a planned deficit of £123,601 in 2024/25 while “investing significantly in strengthening our own foundations” to “enable us to grow our own impact in the future.” 

More significantly, our deficit reflects a widely recognised sector challenge: funders prefer funding projects over core costs. This creates a structural gap between the resources needed to steward significant cultural assets professionally and the funding available to do so. Strange Field’s transparent reporting of these costs contributes to strategic learning about what community-led cultural provision actually requires. 

## The Scale Up Transition: 

Our decade of grassroots experience (2012-present) has given us realistic insight into the true costs of managing heritage buildings as community assets. The £9,190 deficit represents the gap between: 

What it actually costs to manage The Pipe Factory and French Street professionally, safely, and sustainably 

What we’ve been able to raise in unrestricted funding in year two of this transition 

This honest accounting - rather than relying on unsustainable voluntary labour or deferred maintenance - is essential to our mission’s long-term viability. 

## Reserves Policy: 

The Trustee Committee targets unrestricted reserves equivalent to three months’ core operating costs (approximately £30,000 based on current run rate). Our current deficit position is not consistent with this policy, and addressing this is a strategic priority for 2025. 

**38** 

**39** 

STRANGE FIELD/ANNUAL REPORT 2024 



## Reserves Strategy - Building Unrestricted Income: 

To address the reserves deficit, the operations team is: 

1. Diversifying income sources beyond restricted grants - developing earned income through venue hire and studio rents and exploring programming options with commercial possibilities. 

2. Building unrestricted fundraising capacity - demonstrating the full cost of our work to potential funders 

3. Managing cost growth sustainably - aligning expansion with actual income 

## 4. Implementing financial controls - improved forecasting and monitoring 

5. Leveraging assets - converting French Street and (post-refurbishment) Pipe Factory into revenue-generating venues 

## Current Reserves Position - Assessment: 

The unrestricted deficit of £11,615 requires attention as part of our maturation process. However, this must be understood in context: 

## Risk Factors: 

Operational costs rising as we take on institutional responsibilities 

Programme funding easier to secure than core cost funding (sector-wide pattern) 

Transitioning from voluntary to professional staffing model 

## Mitigating Factors: 

Strong programme funding base: Paul Hamlyn Foundation (£78,073/year for 3 years), ongoing Clyde Gateway support 

Demonstrated delivery capacity: 589% programme growth shows community demand and organisational capability 

Asset foundation: Managing significant heritage buildings provides long-term revenue potential 

Strategic governance: development of 10-year roadmap, realistic planning, professional trustee oversight 

## Restricted vs Unrestricted Funds: 

Restricted funds (£2,425): Designated for specific programme delivery including Creative Scotland and NLHF funded projects 

Unrestricted funds (£(11,615)): The deficit reflects the structural challenge of covering true operational costs during our grassroots-to-institutional transition 

The operations team recognises the need to strengthen unrestricted fundraising - demonstrating to funders the full cost of professionally managing community-owned cultural infrastructure. 

## Going Concern: 

The Trustee Committee is satisfied that the charity is a going concern, for the following reasons: 

## Financial Foundation: 

1. Multi-year commitments secured (Paul Hamlyn Foundation £78,073/year for 3 years) 

2. Strong funder relationships (Creative Scotland, NLHF, Clyde Gateway) 

3. Growing earned income from venue hire 

4. Asset base providing long-term stability 

## Operational Evidence: 

1. 589% programme growth demonstrates capacity and community demand 

2. Successfully managing complex venues (The Pipe Factory, French Street) 

3. Strong partnerships (Clyde Gateway, Buzzcut, GSA, Kelvin College, University of Strathclyde, Soft Studio, Thriving Places) 

## Strategic Clarity: 

1. 10-year financial roadmap currently being developed 

2. Realistic assessment of true costs 

3. Clear 2025 priorities (unrestricted fundraising, income diversification, SOPs completion) 

4. Patient approach to sustainable growth 

## Assessment: 

As a young organisation in year three, Strange Field is deliberately building the infrastructure needed for long-term mission delivery. The deficit represents investment, not failure - we are choosing to budget for the true cost of professional management rather than relying on the “fragility of a 

## purely voluntary model.” 

This patient, realistic approach - unusual in a sector that often demands rapid ‘impact’ - reflects our decade of community embeddedness and commitment to genuine, lasting change. The Trustee Committee is confident that with our 10year roadmap, combined with focused implementation of 2025 priorities, will achieve financial sustainability while maintaining programme excellence and mission integrity. 

## Major Funders: 

Paul Hamlyn Foundation - £78,073/year (3-year commitment, secured end of 2024) 

Creative Scotland - £100,000 (2024) 

National Lottery Heritage Fund - £10,000 

William Grant Foundation - £7700 

Clyde Gateway - £25,000 (ongoing support for grassroots cultural provision in Clyde Gateway redevelopment area) 

## Funding Strategy: 

Identified multiple suitable funders for 2025 funding strategy across trusts and foundations, public sector, and creative sector funding programmes to diversify income sources and support organisational development. 

**40** 

**41** 

STRANGE FIELD/ANNUAL REPORT 2024 



## **Plans for Future Periods** 

## Major Milestone: The Pipe Factory Spring 2026 Reopening 

## 3. French Street Long-Term Security 

Negotiate lease renewal beyond July 2025 

The closure of The Pipe Factory in November 2024 marks the beginning of a major refurbishment project. The venue is scheduled to reopen in Spring 2026 with enhanced facilities, improved accessibility, and expanded capacity for programming. This represents a transformational moment for Strange Field’s infrastructure and ability to serve the community. 

Continue pursuing community ownership models aligned with mission 

Build on learnings from 2024 expansion negotiations 

Share sector learning about cultural asset ownership 

## 4. Earned Income Expansion 

## 2025/2026 Strategic Priorities: 

Grow venue hire revenue at French Street (building on 2024 growth) 

Following 2024’s exceptional 589% programme growth, 2025 focuses on consolidating success and building sustainable infrastructure to support continued impact. 

Develop commercial programming elements 

Demonstrate mixed-income sustainability model 

## KEY PRIORITIES FOR 2025 - CONSOLIDATION PHASE: 

## 5. The Pipe Factory Community Engagement 

## 1. Unrestricted Income Development 

Maintain community connection during restoration phase 

Build diversified funding base to complement strong programme funding 

Deliver engagement programme alongside refurbishment 

Expand earned income through venue hire at French Street 

Build excitement for Spring 2026 reopening with enhanced facilities 

Demonstrate sustainable models for community-led provision 

Secure opening programme funding 

Strategic fundraising campaign 

## 6. Audience Development and Consolidation 

## 2. Operational Infrastructure Completion 

Complete Standard Operating Procedures to support two-venue model 

Deepen relationships with 3,665 participants engaged in 2024 

Embed financial management systems developed in 2024 

Build on 589% programme growth with quality and sustainability focus 

Build on foundations laid during rapid growth phase Ensure scalable, sustainable operations 

Strengthen community partnerships 

Enhance evaluation and impact measurement 

## 7. Team Capacity Building 

Distribute fundraising expertise across team (following Jenny Tipton’s departure) 

Build organisational resilience through skills development 

Potentially strategic recruitment for key capacity gaps 

LONGER-TERM STRATEGIC GOALS: 

The Pipe Factory Spring 2026 Reopening 

• The closure of The Pipe Factory in November 2024 marks the beginning of a major refurbishment project. The venue is scheduled to reopen in Spring 2026 with enhanced facilities, improved accessibility, and expanded capacity for programming. This represents a transformational moment for Strange Field’s infrastructure and ability to serve the community. 

## French Street Development 

- Explore long-term security of French Street venue 

- Pursue community asset ownership aligned with organisational mission 

- Potential expansion with annex development (if building owner positions change) 

- Continued intensive programming 

## Financial Sustainability - CRITICAL 

- Address unrestricted reserves deficit through diversified fundraising 

- Implement improved financial administration systems 

- Complete development of Standard Operating Procedures 

- Achieve sustainable balance between programme and operational funding 

- Build capacity to replace loss of primary fundraising expertise 

## Programme Consolidation and Quality 

- Maintain programme scale while ensuring quality 

- Deepen community relationships 

- Enhance evaluation and impact measurement 

- Continue accessibility leadership 

- Organisational Capacity 

- Strengthen operational infrastructure to support two-venue model 

- Rebuild fundraising capacity post-Jenny Tipton departure 

   - Develop staff capacity 

- 

   - Implement robust financial controls 

- 

- Enhance planning and forecasting 

## Partnership Development 

- Deepen existing partnerships 

- Develop new strategic relationships 

- Explore collaborative funding opportunities 

- Programme Expansion Post-Pipe Factory Reopening 

- What does Stragne Field at The Pipe Factory look like in the future? 

## Funding Strategy: 

- Continue to pursue diverse funding including: 

- Multi-year programme grants from major funders 

- Capital funding for venue development 

- Earned income growth 

- Individual giving and community fundraising 

- Partnership funding 

**42** 

**43** 

STRANGE FIELD/ANNUAL REPORT 2024 



## **Principle Risks and Uncertainties** 

Context: Funders tend to prefer funding projects over core costs, a widely recognised sector challenge. This demonstrates the need for funders to support essential operational costs alongside programmes 

As a rapidly growing organisation in its third year of operation, Strange Field has identified key risks inherent in scaling community-led cultural provision. These are managed through active monitoring and strategic mitigation. 

Strategic response: Demonstrating true costs of community-led provision, advocating for operational funding in applications, building earned income streams 

Major Risks and Mitigation Strategies: 

## 1. Venue Development Opportunity Management 

Risk: Timeline variables in The Pipe Factory refurbishment affecting Spring 2026 reopening 

Mitigation: Diversifying funder base, developing mixed-income model, sharing sector learning about sustainable resourcing 

Context: Major capital project with inherent scheduling considerations 

## 4. Operational Infrastructure Scaling 

Mitigation: Regular contractor management, contingency timeline, intensive French Street programming maintains capacity, community engagement sustained through restoration phase 

Risk: SOPs development lagging behind 589% programme growth 

Context: Infrastructure development catching up to rapid programme expansion 

Opportunity: Enhanced facilities will significantly expand organisational capacity upon reopening 

Mitigation: 2025 focus on SOPs completion, systems implemented incrementally, professional support where needed, building on 2024 foundations 

## 2. Financial Sustainability Development 

Risk: Unrestricted deficit requiring income diversification as organisation matures 

Trajectory: Infrastructure development now prioritised in consolidation phase 

Context: 5% deficit on £186k income represents investment in growth infrastructure 

## 5. Programme Quality Maintenance During Growth 

Risk: Maintaining artistic quality while scaling rapidly 

Mitigation: 2025 unrestricted fundraising campaign, earned income expansion, improved financial systems, diversified funding base development 

Mitigation: Regular community feedback, trustee programme oversight, strong artistic leadership, 2025 consolidation focus 

Positive trajectory: Strong programme funding base (Paul Hamlyn £78k/year for 3 years), demonstrated delivery attracting funder confidence 

Evidence: High audience numbers (600 attendees at Chris Leslie exhibition), strong artist engagement (710+ artists choosing to work with Strange Field), demonstrated community loyalty 

## 3. Funding Mix Evolution 

## 6. French Street Long-Term Security 

Risk: Lease expiry July 2025 creates planning uncertainty 

Context: Part of broader mission to secure community-owned cultural assets 

2024 learning: Pursued ambitious 500-capacity expansion; while specific path unsuccessful, generated valuable sector learning about ownership barriers 

Mitigation: Lease renewal negotiations underway, landlord relationship management, continued exploration of ownership models, contingency planning 

Mission alignment: Reinforces commitment to alternative ownership approaches 

## 7. Team Capacity Evolution 

Risk: Leadership transition with Jenny Tipton’s departure 

Context: Natural staff evolution as organisation grows 

Mitigation: Distributed capacity building across team, potential strategic recruitment, consultant support where needed 

Opportunity: Build organisational resilience through skills distribution rather than dependency on individuals 

Risk Management Approach: 

The Trustee Committee reviews risks quarterly and maintains a risk register. The operations team implements mitigation strategies proportionate to identified risks, with 2025 priorities focused on consolidating 2024’s exceptional growth through operational infrastructure development and income diversification. 

Risk: Programme funding stronger than operational funding 

**44** 

**45** 

STRANGE FIELD/ANNUAL REPORT 2024 



Statement Of Trustees,
Responsibilities
The charity trustees a￿ ￿sponsible for preparing a
enable them to ensure that the acccwnts comply with
trustees, annual report and accounts in accordance
the Charities arKI Trustee Investrnent (Scotland) Act
with applicable law and United Kingdom Accounting 2005. the Charities Acc￿Trts (Scotlandl Regulations
Standards (United ￿ngdoM Generalty Accepted
2006 (as amended). and the provisions of the
Accounting Practice).
charity constitutiorL They are also responsible for
safeguarding the assets ofthe tharity and tsking
reasonable steps f￿ the prevention and detecti￿ of
fraud and other irregularities.
The law applicable to charities in Scoiland requires
the charty twstees to prepare accounts for each
financial 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 period.
DECLARATION
The t￿￿teeS declare that they h￿e approved the
trustees. report a￿Ve.
In preparing these accounts. the trustees are required
to..
Signed on behalf of the charity¥ trustees..
Select suitsble accounting policies and apply them
consistently
Signature:
Make judgen*nts and estimates that are reasOnal￿e
and prudent
State whether applicable accounting stsndards have
been followed
Prepare the accounts on the going concem basis
unless it is inappropriate
Date: 3010412025
The trustees are resporsible for keeping proper
accounting records that disdose with reasonable
accuracy the financial position of the charity aTrJ
Name..
Position: Dire¢tOr/Se￿tsry
46
STRANGEFIEiD/ANMJALREPORT2024

PPENDIX2
Strange Field SCIO
SC052132
OSCR
Recelpts and payments accounts
Forth• pgriod
from
Sconth Chanty Regulaior
oi
oi
2024
31
12
3124
Section A Statement of receipts and payments
UnTe5tri¢ted
funds
Restricted
fvnds
Expendable
endowment
Jnds
Pernianent
Total funds
eurr•nt p•rtod
Total fund5 last
fund5
tonFa￿tE
A1 Recei
DO￿l￿)rb5
3.800
&8OD
Legac*s
Grants
31,465
95,1185
f28,560
22,500
ReEeYplsfr￿Tr fvndTai5ing acti¥ibes
GTOSS tr8ding recapts
Loan Advan￿5
13.392
10,750
28.454
IJ.352
10,750
Rent5 from land & buildings
Gross receiptsfrixn other chattta￿e
ac￿vrt￿3
2.a25
3,741
4741
Al Sub total
91,602
95,085
186,687
24,939
A2 R•c•ipts from ass•t &
inv•stment sales
Proceeds from sale of fixed assd5
proceeos rrom ￿le or Investments
A2Sub total
rotairnc*pts
91,602
96.IIS5
116,
24,939
A3 paymènts
furfraI￿n9 aclwilies
Bu1￿1ng Costs Renl & Ple￿Se5 Exps
Manwjemenl SaLines
Payrnents relabng diredty ID charrtab
attyvrt￿S
Loan Repayments
Govetnance costs
40.221
40.221
46,787
46,787
77.lJ20
77.020
Z.580
9.938
9.938
Auaii i Inoepwoeni exarninau
Preparation of annual accounts
Legal CD5ts
oirber
4,508
JDB
1.763
15.640
17.403
10.
A3 Sub total
103.217
52,660
195,B77
12,6#
A4 Payrnents relating to a55Et and
Inv•stm•nt mov•rn•nt5
Purchases of ft(ed a55ets
purcnase or Invesunenls
A4Sub total
102,217
92,660
19S,B77
12,629
2,425
9,190
12,310
Tran8fer8to l (froml fund8
SuWu$/(d¢ll¢ttJ foryear
2.425
?.1?0
1Z.J10

APPENDIX2
Stran
e Field SCIO
Section B Statement of balances
SC052132
u￿stnctOd
Exponllabl
po[m￿O￿t
Trtsl*l pwd
Calw￿$
B1 eash fvnd5
ha￿ ￿ bab1￿* slartofw
16021
11912
12,310
&wpthl{d￿(1iI
?￿5
(9.1901
12J10
Ca&h and bank bJL4nt￿•t￿nd0I>Wr
1112171
15J37
3,120
12,310
Deta4$
Det•ls
nutell£
B3 Oth4rass•ts
Trarfe Detlors.*f￿c￿s[hJe
5.412
10.1
Totrl
$412
10,fN)O
Details
B4 Liabilitie5
812
812
tknaqs
B5 Conbng•nt liabithtkls
by one0rli￿ttlls1uos
PrlN N•n0
Dat4 of

APPENDLX2
Strange Field SCIO
SC052132
Section C Notes to the Accounts
C1 Nature and purpose of
funds (fftay bp slate(l o
analysis offvr￿S thsheetsl
Uryestricted ftTh1s ¥e IIM)sethat Maybe used 8t the dscrekn ofthetwstees in ftIthran￿ Of￿ ¢ty"ectsc
charty The lJustees ￿l￿t￿n 8 5ITrj￿ current ￿COUnt for tx)Ih Unie5thCt￿ atNI reslrict￿fUndSkntr
dayto day tunn1￿ of ￿ SCIO. ReSInc￿ funds rrw only1￿ foistwfic tmjtwsas. Restrth)ns ans
u[￿est￿C￿ £ 31.465 & 18strKt￿1 £*5,(￿..
Type of activity or project supported
1hsl1t￿n
C2 Grants
Creative Pt
CieaiNe Scot
C18atsv& Pt
tamrn8 FutKI'
NHLF
NHLF
(￿gani5atK￿ FwNJitvJ
nis81￿ FwNIi
4.915
25.0
1.550
1255SJ
Gatgway
(tyrlsatK￿ F￿11
Total
C38 Tru8t•• r•muneration
If ￿ reMU￿r8tK)n %VdS duriw Ihe ￿Km1 to anycharty tru￿ or C￿neLlo￿ to 8
I￿￿tee cros5 thi% Lx)x lothet*i5e c(Knpkle 5￿tK￿
Authority under which paid
C3b Tru8ts• r•munoration-
detalls
C4& Trustee expens
If m 8xwE8S W818 pa￿ to cltylrust88 duri￿ Ihe WKXI th8n uossttms tx)x
lo￿￿11$e c(*npkle $￿tI(￿ 4bl
NLvnborol
C4b Trustee expenses-
d8tsi18
Tr￿￿1(
Th)wt14
BaknTrce
Nature of relationship
Nature of transaction
C6 Tran￿CtionS with t￿￿te•S
and connected persons
C6 Other Information
Strange SCKI- F*tKMIID 31s1Decetth￿24 1 P&)tes

Strange Field SCIO
SC052132
Additional analysis111
An31ysls olr4c4ipts am paJTh•nts
1 Donauoris
stswF￿￿l Lvnit
20r3nts
915
1D,I
25,1
W Gr** C<Ye tr¢Game5
7.70)
1.5
31A65
To
95.Oa5
126J5D
ZI￿)
TW1*5trw
Iwnp
3,141
3,741
Tot
3,741
3.741
4 PaYm￿ts relatir*J dire•to c4witablEa¢tNitse5
T4xaik15tFah>J
3119)
9,767
11.
311
g,F61
11.804
19.202
1,097
P￿ectStaff & Evetrtsth
Pr9￿*& Evenl C
2,142
Tot
,020

SC052132
Additional analysis121
T(
Legxies
JiM65
JIM65
7,9
Gr￿$1[*￿￿￿¢el￿s
13J9l
1).391
10,150
28A54
3.141
1,E02
R￿tstruML￿d &
2J25
1741
01,602
Sub roxal
10.38•
R￿￿pts asset &invesl[nErt￿kS
FIvEe*frD￿sakof￿xed a55eL5
Sub roxal
91.f
IOJ89
Pa
Euildit¥ CL￿ Rerrt&￿￿￿sEw
4Q.Z21
4A7BT
46,187
pa￿￿tS￿￿akn[￿ d1•tOchanta￿@ath
9.93B
accwnts
l￿al (
1.763
10.049
Subtot
IOVIT
103J17
10,991
SubtDtsI
10121T
10.991
Tr￿SIer$i01 luTrd5
Sury4u5/ldeffcitP forye
1fj021
fknds

Strange F￿ld SCIO
SC052132
Additional analysis131
G ofrqstrictsdlunds
CThalr
nod
Re￿pts
95m5
95iW5
14.55)
GKJSSWdthw￿elQls
RWtsT¢t*)IWd &
(¥tssiecapistMfftittAniab*a(woes
Sub total
95.OB5
rrom asset &
P￿c￿@￿s￿o￿SJ￿offfiH￿d assets
Sub tofatt
Totsly8c84)ts
EF¢tt15e5 hwniwatstyxtl¥rties
Buildi￿ CO￿ E4)s
77020
rtIiwdonteKanMn
Legal costs
15.640
1&610
Sub iotrl
g2.f
g2.
Sub tolal
TotslP&Yffl￿ts
92.6
92.6
2A25
2A25
Tr￿￿kn lollfromlfund&
S￿￿lUsI(￿e￿Wtsf￿eaT
2A25
2A25
11912
Nlllure

APPENDIX 3
5(0tt6h Charity Reguts
Independent examIne￿S rep_ort on the accounts
Report to the Chanty nwre
trustseslmem￿TS of Strange Field SCIO
Reglstsrod charity SC052132
number
On the accounts of tho
¢harlty for the porlod
Penoij start tste
Period end date
01
2U24
31
12
'2024
sot out on pagas
IncWtsp•Ja
Pwlto6
Rupe¢tlve The charity's trustees are responsible for the prep8ration of the aC￿￿nIS in ac*xJrd8nce
re8ponslbllitses of with the lems of the Charities and Trustee Investment (Scouand) 2005 Act and the
t￿8¢ea¥ and examlner
Charities Aci>Junts (SLx)tland) Regulations 2006 las amended). The ¢harty trustees
consider that the audit requirement of Regulation 10{1) (d) of the Accounts ReguLqtion5
does not apply. It is my respon$lblllty lo examlne the accounts as requlred under section
44(11 {¢) of the Act and to state whether particular matters have como to my attenlkJn.
Basis of Independgnl My examination is carried out In accordance with Regulation 11 of the 2006 Accounts
examlnefs statement Regulallons. An examination Includes a r8viow ol the acccwnting records kept by th
chadty and a comparison ofthe accounts presented with those records. It also Includas
consideration of any unusual Items or disdosures in the accounts and seek3
explanatlons from the trustees conceming any such matters. Tr procedures urKlertaken ,.
do noi provide all Ihe evldence that wouhj be required In an audlt and. wisequenty, I do
not express an audit opinton on the view glven by the accounts.
Independent examlneV8 In the Course of My examination. no matter has ￿ffle to my attention lother than that
statemont dlsclosed C￿ the attached pagol
whth gives me reasonaNe (xuse to believe that in any material respert the
requiremenis..
to keep accounting recC￿d5 in accordance with section 44(1) (a) of the 2005 Act and
Regulalron 4 of the 2006 Accounts Regulations. and
to prepare accounts which xcord with the accounting records and Co￿tY with
Regulation 9 of the 2006 Acwunts Regulations
have not been or
2. to which, in my opinion, attention should be drawn in order to enabkn a proper
unts to be rea¢hed.
Dato:
Slgned•th:
Name:
Relov•nt professional
quallflcatlonlsl or body ACCA
Ilf any):
15th September 2025
Address: