CLYDEBUILT FESTIVAL CIC

Company limited by guarantee

Company Registration Number:
SC763225 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 22 March 2023

End date: 31 March 2024

CLYDEBUILT FESTIVAL CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Community Interest Report

CLYDEBUILT FESTIVAL CIC

Balance sheet

As at 31 March 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 493
Investments:   0
Total current assets: 493
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 493
Total assets less current liabilities: 493
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 493
Members' funds
Profit and loss account: 493
Total members' funds: 493

The notes form part of these financial statements

CLYDEBUILT FESTIVAL 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.

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 10 December 2024
and signed on behalf of the board by:

Name: Rachel Edwards
Status: Director

The notes form part of these financial statements

CLYDEBUILT FESTIVAL 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

CLYDEBUILT FESTIVAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

CLYDEBUILT FESTIVAL CIC

Company Number: SC763225 (Scotland)

Year Ending: 31 March 2024

Company activities and impact

Our aim is to connect communities along the River Clyde and celebrate the city's unique maritime history. Our key partners in the festival are the Riverside Museum, Glasgow Life; The Tall Ship; Clyde Fisherman's Trust and The Galgael Trust alongside a number of local businesses and community organisations. Central to the festival's continued success remains the Clydebuilt Crew, a dedicated team of 60+ volunteers from across the city of diverse backgrounds and abilities. Their contributions, ranging from logistics to community engagement, customer service and providing a warm ‘Clydebuilt’ welcome are vital to the event’s success. We are proud that many of our team of volunteers have been with us since 2017 which is a testament to our strong links and engagement with our partners and work with Volunteer Scotland. Clydebuilt is committed to championing local businesses wherever possible and you'll find makers; food traders; and musicians that showcase Glasgow's diversity in every corner of the festival site. The festival is free to enter and to encourage participation we keep trading costs low and cover all volunteer expenses to ensure everybody has the opportunity to take part. Given the location of the festival, opening of the new Govan bridge and the geographical route of the 'Castle to Crane' race the event encourages the Govan and Dumbartonshire communities to come together to watch the race and attend the festival free of charge. The race also encourages links beyond Glasgow; attracting entries from across the globe; including a new partnerships from The Netherlands and Spain.

Consultation with stakeholders

Since it’s inception as a small scale rowing event, community involvement has been at the heart of everything we do at Clydebuilt Festival. At the end of each event, we run annual surveys to attendees and volunteers for development ideas and to benchmark the next year’s festival. We continue to engage with our event partners through meetings, surveys and planning exercises to ensure that we are meeting our aims and reaching the wider communtiy. We seek feedback through satisfaction surveys on social media and email and encourage discussion and ideas for future events.

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
10 December 2024

And signed on behalf of the board by:
Name: Rachel Edwards
Status: Director