for the Period Ended 29 February 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
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£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 7 |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 29 February 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 29 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 29 February 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 29 February 2024 |
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Depreciation | ||||||
At 1 March 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 29 February 2024 |
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Net book value | ||||||
At 29 February 2024 |
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At 28 February 2023 |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Other creditors |
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Total |
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Within the past year 01 Mar 2023 - 28 Feb 2024, Agile City CIC - Continued to financially support its activities through the hire and rental of work and event space across both our sites - Continued with ambitious projects to retrofit and update our post-industrial buildings to improve their energy consumption and functionality - Developed our internal administrative systems and website to adapt to an ever-more digital landscape and streamline our delivery processes - Expanded our team of delivery staff to facilitate our buildings and community At Civic House, key activities of the last year include: CH-W - Civic House Workspace - Since opening in the workspace in July 2022, our membership body has grown to host 40+ independent memberships, supporting sole traders, remote workers and organisations across the arts, design, community development and sustainability. Notable members including Sniffer, LocoHome Retrofit, Creative Glasgow, Rabbithole Design, Energy Savings Trust - Delivering monthly members networking events to connect and foster cross disciplinary partnerships and build relationships - Initiated the use of a digital booking platform, Nexudus, to streamline customer experience using the space - booking rooms and facilities and automatingpayments, reducing our staff administrative burden CH-B - Self Produced Cultural Programme - Produced quarterly performing arts and music events that provide a platform for young artists to perform and connect with new audiences in a supportive environment, with over 1k attendees over the year - Hosting a monthly tech meet-up for workers across digital and cyber industries, to form partnerships and seek support CH-H - Hires at Civic House - Operated Civic House as a public facing venue for hire, hosting festivals, conferences, talks, workshops, performances and community meetings with 80+ partner organisations including Glasgow Short Film Festival, Counterflows Music Festival, Scottish Mental Health Arts Festival, Creative Carbon Scotland, Creatives of Colour Festival, Glasgow Connected Arts Network, Local Energy Scotland, Scottish Canals, and HE institutions: GSA, Glasgow University, RCS, Strathclyde, Edinburgh and Napier University - Solidified a partnership between Agile City and Glasgow University School of Culture & Creative Arts as a partner venue for their external events CH-W-K - Civic House Canteen - Parveen’s canteen - opened in November 2022, now a thriving independent operation servicing 60+ customers daily, serving affordable vegan, pakistani inspired cuisine to our in house members, local workers and residents. Introducing monthly supper club events, reaching a wider audience. Highly regarded as one of the most exciting new food venues for Glasgow; being featured in BBC Rick Stein’s Food Stories and multiple media and press reviews. Catering for in-house and external events including public facing festivals and events, private meetings and weddings. Civic Street Maintained Civic Street Garden (previously Phoenix nursery), planted more wildflower seeds and cleared the surrounding pedestrian pathways. Continual development and improvement of Civic Street Yard, an outdoor space available for workshops, community events and our own programme of events. Continued development of architectural plans for shared use of Civic Street (pedestrians, cyclists and motorists), and development of Civic Street as a key intersection between the start of the Forth & Clyde canal and the City Centre At the Glue Factory, key activities of the last year include: Enhanced the thermal efficiency of the building by installing external wall insulation across the southern facade. Re-opened original windows and replaced with triple glazing, dramatically improving internal ambience and experience and maintaining a high performing thermal environment. Internal ceiling insulation on the ground floor to improve individual studio environment by dampening sound and heat loss. Rewiring studios and installing infrared heating systems. Installing individual electrical metering for each studio, to allow for tenant self-management. GF-H - Hires at the Glue Factory Host to Glasgow School of Art Masters programme interim and degree shows. Provided space for a wide variety of organisations and individuals, including production space for film, TV, theatre and various smaller enterprises GF-W - Workspace at the Glue Factory Signed off on new a new lease with local coffee roastery, Frankie Coffee. Working in partnership with existing tenant Risotto Studio to construct new ‘flagship’ studio that enhances their production and retail services. Provided affordable studio space for creative companies and artist workspaces
Workspace - Tenant & Member consultation CH-W Conducted a survey and focus group to identify community needs, improvement to facilities and services that informed the development of new membership options and the initiation of a new digital system to manage workspace admin GF-W Regular communication and response to tenant feedback, improving and adapting services as required Connecting Glue Factory tenants with services at Civic House, creating a ‘campus’ style offer for those occupying our spaces
One of the directors received payment of £15,000 during the period due to being an employee.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 November 2024
And signed on behalf of the board by:
Name: Rob Morrison
Status: Director