INHOUSE EVENT SOLUTIONS CIC

Company limited by guarantee

Company Registration Number:
SC577718 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

INHOUSE EVENT SOLUTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INHOUSE EVENT SOLUTIONS CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Peter Cetin Capkiner


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 December 2024

And signed on behalf of the board by:
Name: Peter Cetin Capkiner
Status: Director

INHOUSE EVENT SOLUTIONS CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 132,650 125,572
Cost of sales: ( 91,523 ) ( 94,341 )
Gross profit(or loss): 41,127 31,231
Administrative expenses: ( 71,000 ) ( 55,874 )
Other operating income: 30,740 29,876
Operating profit(or loss): 867 5,233
Profit(or loss) before tax: 867 5,233
Profit(or loss) for the financial year: 867 5,233

INHOUSE EVENT SOLUTIONS CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,231 2,975
Total fixed assets: 2,231 2,975
Current assets
Debtors: 4 41,093 69,852
Cash at bank and in hand: 12,182 19,736
Total current assets: 53,275 89,588
Creditors: amounts falling due within one year: 5 ( 37,553 ) ( 75,220 )
Net current assets (liabilities): 15,722 14,368
Total assets less current liabilities: 17,953 17,343
Total net assets (liabilities): 17,953 17,343
Members' funds
Profit and loss account: 17,953 17,343
Total members' funds: 17,953 17,343

The notes form part of these financial statements

INHOUSE EVENT SOLUTIONS CIC

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 December 2024
and signed on behalf of the board by:

Name: Peter Cetin Capkiner
Status: Director

The notes form part of these financial statements

INHOUSE EVENT SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciation Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

INHOUSE EVENT SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

INHOUSE EVENT SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 7,105 7,105
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 7,105 7,105
Depreciation
At 1 April 2023 4,130 4,130
Charge for year 744 744
On disposals
Other adjustments
At 31 March 2024 4,874 4,874
Net book value
At 31 March 2024 2,231 2,231
At 31 March 2023 2,975 2,975

INHOUSE EVENT SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 41,093 69,852
Total 41,093 69,852

INHOUSE EVENT SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 6,853 8,653
Taxation and social security 257 1,124
Other creditors 30,443 65,443
Total 37,553 75,220

COMMUNITY INTEREST ANNUAL REPORT

INHOUSE EVENT SOLUTIONS CIC

Company Number: SC577718 (Scotland)

Year Ending: 31 March 2024

Company activities and impact

In 2023 our general activities focussed around our annual summer community events programme held at Queen’s Park Arena, Glasgow Southside. Ongoing community consultations have highlighted a lack of accessible community focussed events in Glasgow’s southside, a gap we have sought to fill through our professional neighbourhood summer events programme. The 2023 QPA summer events season saw 19.5 days of free-to-access/ donation based community events programming, consisting of: 24 early years activity sessions 60 hours of soft play 12 creative arts workshops 16 community talent showcases 12 fitness and dance classes 2 live sports screenings 3 community music events 40 open air cinema screenings 6 hours skate lessons All delivered free of charge and within Queen’s Park, removing both financial and transport barriers of participation in community events. The Queen’s Park Arena Summer Community Events Programme is designed to generate meaningful benefits for the Southside community by addressing social, cultural, educational, health, and economic needs. By providing accessible and inclusive events, the programme delivers both immediate and long-lasting positive impacts: Health and Wellbeing Free Fitness Classes: Local residents gain access to 16 professionally led fitness sessions, which cater to various age groups and fitness levels. These classes remove financial barriers to participation, allowing individuals from all socioeconomic backgrounds to engage in physical activity. Mental Health Benefits: Engaging in outdoor fitness and community events has been shown to improve mental health by reducing stress, boosting mood, and fostering a sense of accomplishment. Active Lifestyles: Encouraging outdoor activities supports healthier lifestyles and reduces sedentary habits, promoting overall physical health in the community. Social Cohesion Bringing People Together: Events are designed to create inclusive spaces where residents from diverse backgrounds can connect, reducing social isolation and fostering a sense of belonging. Building Networks: Interactive sessions such as fitness classes, early-years activities, and choir performances provide platforms for forming new friendships and support networks. Intergenerational and Cross-Cultural Integration: By offering activities that appeal to various age groups and cultures, the programme fosters unity and understanding among different sections of the community. Cultural Enrichment Access to the Arts: The programme delivers a variety of arts-focused events, such as creative arts workshops, open-stage opportunities, and the Glasgow Choir Festival, enabling local residents to experience and participate in creative activities. Celebrating Diversity: Events highlight the cultural richness of Glasgow’s Southside, with programming that reflects the area’s diverse heritage, from music and dance to storytelling and visual art. Breaking Barriers to Participation: By eliminating ticket costs and ensuring accessibility, the programme makes cultural experiences available to all, particularly those who may face financial or physical challenges. Educational Opportunities Early-Years Activities: Children aged 0–5 benefit from 16 dedicated sessions that foster early learning and development, equipping them with social and cognitive skills that support school readiness. Learning for All Ages: Workshops, performances, and fitness classes provide opportunities for individuals to develop new skills and interests, from music and movement to community-building techniques. Arts and Environmental Education: Events integrate themes of sustainability, cultural heritage, and creative expression, promoting awareness and understanding of important topics. Economic Impact Supporting Local Businesses: Increased footfall in Queen’s Park attracts patrons to nearby shops, cafes, and vendors, contributing to the local economy. Platform for Local Talent: The programme provides opportunities for local fitness instructors, artists, and performers, fostering professional growth and community pride. Boosting Tourism: The vibrant programming of Queen’s Park Arena serves as a draw for visitors from across Glasgow and beyond, further stimulating economic activity in the area. By focusing on these key areas, the programme ensures that local residents experience significant benefits that extend beyond the events themselves, creating a lasting positive impact on the Southside community. Inhouse Event Solutions CIC’s main stakeholders are the communities, organisations, and local residents for which we programme our summer events programme. Community involvement is at the heart of the Queen’s Park Arena Summer Community Events Programme. Our approach is built on consistent, meaningful engagement with local residents, organisations, and stakeholders to ensure that the programme reflects the needs, interests, and priorities of the people it serves. Community Consultations: Throughout the year, we conduct consultations with a wide range of groups and individuals across Glasgow’s Southside. These include open forums, focus groups, and discussions with key local organisations such as South East Integration Network, SoundLab, and Sunny Govan Community Radio. These sessions provide invaluable insights into the types of events and activities the community wishes to see and participate in. Feedback from these consultations has guided the programme’s development, particularly the focus on accessibility, diversity, and inclusivity. End-of-Season Surveys: At the conclusion of each summer season, we gather feedback through detailed surveys distributed to event attendees, volunteers, and partner organisations. These surveys evaluate: Participant satisfaction with the events. Suggestions for new activities or improvements. Perceived impact on the community, including social, cultural, and wellbeing benefits. Feedback from the 2024 programme revealed high levels of satisfaction, with respondents highlighting the inclusive nature of the events, the professionalism of the delivery, and the positive impact on community cohesion. Notable requests included an increase in early-years activities, more diverse cultural events, and the summer programme extending later in the summer holidays all of which will be incorporated into the 2025 programme. Collaboration with Community Councils: Local community councils, including Mount Florida, Crosshill & Govanhill, Langside and Shawlands & strathbungo, have played an active role in shaping the programme. With representatives of these community councils actively involved through QPA Ltd, this provides valuable input on local priorities and community dynamics, ensuring that the programme is aligned with residents’ needs. Community councils also act as conduits for promoting the events, encouraging local residents to attend, and identifying potential volunteers and partners. Engagement with Local Groups and Schools: We maintain partnerships with schools, youth groups, and cultural organisations to further expand community involvement. Schools in the area are invited to participate in arts and heritage events, and youth groups often contribute performers or volunteers for various activities. For example, many local choirs have expressed strong interest in participating in this year’s Open Stage Glasgow Choir Festival. Volunteer and Participant Feedback: Volunteers and participants are a vital part of the programme’s ecosystem, and their voices are prioritised. Regular feedback sessions are held during the event season, allowing volunteers to share their experiences and suggest improvements. This collaborative approach ensures that the programme is continually refined to better serve the community. By embedding the local community into every stage of the planning and delivery process, the Queen’s Park Arena Summer Community Events Programme remains a genuinely community-driven initiative, ensuring that it continues to grow in relevance, impact, and inclusivity year after year.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 December 2024

And signed on behalf of the board by:
Name: Peter Cetin Capkiner
Status: Director