StudioFV Scottish Charity No- SC053174 Annual Report and Financial Statements For the year ended 31 March 2025 Trustees. Annual Report For the year ended 31 Marth 2025 The trustees have pleasure In presentlng thelr report together wfth the flnanclal ststernents for the year ended 31 March 2025. Reference and Admlnlrtratl¥e Infommtlon Charfty n•m• Studlo FV Charfty No SCO53174 Addrnss Trustees. Annual Report For the year ended 31 m?￿h 2025 The trustees have pleasure in presenting thelr report together with the financlal statements for the year ended 31 March 2025. Studlo FV Statement of Hnandal Actlvltles for the year ended 31 March 2025 Unrestrlrted Restrfrted Funds Funds Ye•r ended 3110312025 Re¢elpts Receipts from Charftable Actlvitles Fablevlsion Communlty Clnema Screen Neil Baxter- Tom Clarke- book project Passlon 4 Social Photography projert Refractlve Scotland Renfrewshlre Tapestry Soclal Enterprise Awards Turnln8 the Tide Woven In Renfrewshire DonatSons Bank Interest Other Income 8,000 121 50 7,326 175 so 1,200 850 4,023 10,434 3,485 18 300 121 50 7,326 175 50 1,2(X) 850 4,023 10,434 3,485 18 300 Total recelpts 11.803 24.230 36,033 Payments Charltable costs Cost of charltable activltles Governance costs 10,786 29,920 180 40,706 Total payments 10,786 30.1(X) 40.886 Surplus/ IDeficlt) for the year Transfer between funds Surplus/ IDeflclt) for the year 1.017 15,870) 14,853) 1,017 (5,870) 14.8531 Studlo FV Ststemnt of 8alance5 a5 at 31 March 2025 Unrestrkted Restrlcted Funds Funds Total 2025 Openln8 cash at bank and In hand Surplus1 (Deficit) for the year 13,532) (4,853 13,532) (4,853) Closln8 cash at hand and in bank (8.385) (8,385) Bank and Cash Balances Bank account Interco account 1,655 15,040) (3,3851 1,655 (5.040) 13,385) Oth•r K5•ts. unr•rtrlrt•d fund Equlpment Current •ss•ts Debtors Cash account Credltors: amounts falllry du• wlthln one yi (8,000) (8,CKK)I Tot•1 funds 8,3851 18.385 Slgned by one or two trustees on behalf of all the trustees nature Date of ap roval 12101 I ILi26 Notes to the accounts- for the year ended 31 M•rch 2025 l B•sls Of •¢counil The trustees have adopted the provlslons of Accountin8 and Reportln8 by Charltles: Statement of Recommended Practlce appllcable to charities preparln8 thelr counts In accordance w￿h the Flnanclal Reportlng Standard appllc•ble In the UK and Republ1¢ of Ireland IFRS 1021 leffertl¥e l January 20151. 2 N•tur• •nd puryom of funds Vnrestrlrted funds are those that may be used at the dlscretlon of the tru5te5 In furtherance of the objects of the charlty. The trustees malntaln • slngle unrestrfrted fund for the day to day runnln8 of the tfUSt 3 Rol•ted p•rty tr•nsKIIo The Trust's Insur•n¢e pollry Includes Trustee Indemnlty Insurance for all Its trustees. No other remunerdtlon was paid to the trustees or any conne¢ted persons durln8 the y￿r 4 Don•tloM Unrestrlrted R•rtrfrt•d Funds Funds Totsl 2025 L)onatlons 3,485 3,485 3,485 5 RKelpts Irom ch•rftabl• •¢ifvlt Total 2025 Funds Funds 6 FWKI ral$1￿ costs Unr•slrlet•d R•slrfct•d Funth Funds Totsl 20 Studkn FV Notes to the accounts - for the year ended 31 March 2025 7 Cost of c￿rftable actfvltles Unrestrlrted Restrlcted Funds Funds Total 2025 Community Cinema Screen Passion 4 Soclal Photography proJert Renfrewshire Tapestry Social Enterprise Aawards Turnin8 the Tide Yorkshlre Dales Advertlslng and Marketing Bank Charges Cornputer Supplles Contributlon to FV Ltd EquSpment hlre Gas/Electrlclty Insurance Marketln8 Payroll Cost5 Prlntln8 ststlonery Sundry expenses Telephone Web51te/lT costs 100 1.493 75 75 200 859 2,154 1,493 75 75 2(X) 859 2,154 14 262 8,0(X) 340 1,315 14 262 8,000 340 1,315 409 7.400 12.240 1,270 85 2,437 261 1,718 12,240 1,270 85 100 261 2,337 1,718 10,786 29.920 40.706 8 Govem•n¢e costs Unrestrfrted Restrlcted Funds Funds Totsl 2025 Independent examlners fee 180 180 180 180 Independent Examlnerfs Report to the Trustees of Studlo FV. I report on the accounts of the charity for the year ended 31 March 2025 which are Set out on pages 2 to 5. Respectlve responslbllltles of trustees and examlner The charlt¢s trustees are responsible for the preparation of Ihe accounts in accordance wlth the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charilies Accounts (Scotland) Regulations 2006. The charity trustees consider that the audtt requiremenl of Regulation 10(1) (d) of the 2006 Account8 Regulatlons does not apply. It is my responsibility to examlne the accounts as roquired under sectlon 44(1) (c) of the Act and to slate wheth8r partlcular matters have come to my attentlon. Bas18 of Independent •xaminerfs statomont My examlnatlon Is carrled out In accordance with Regulatlon 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees conceming any such matters. The procedures undertaken do not provlde all th8 evidence that would be required In an audlt, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlnerfs statement In the cours8 01 my examination, no matter has come to my attention. 1. which gives me reasonable cause to believe that In any materlal respect the requirements: . to keep accountlng records In accordance with Sectlon 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations . to prepare accounts which accord wfth the accounting records and comply wlth Regulatlon 9 of the 2006 Accounts Regulations have nol been met, or 2. to wthlch, In my opinion. att8ntion should be drawn In order lo enable a proper understanding of the accounts to be reached. 2211212025