REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 30 June 2024 |
for |
THE STEVEN CAMPBELL TRUST |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 30 June 2024 |
for |
THE STEVEN CAMPBELL TRUST |
THE STEVEN CAMPBELL TRUST |
Contents of the Financial Statements |
for the Year Ended 30 June 2024 |
Page |
Report of the Trustees | 1 | to | 3 |
Independent Examiner's Report | 4 |
Statement of Financial Activities | 5 |
Balance Sheet | 6 |
Notes to the Financial Statements | 7 | to | 10 |
THE STEVEN CAMPBELL TRUST (REGISTERED NUMBER: SC380602) |
Report of the Trustees |
for the Year Ended 30 June 2024 |
Patrons: Bill Forsyth, Peter Capaldi, Andrew Paterson, Bruce MacLean, Kirsty Wark. |
The Steven Campbell Trust: Annual Report 1st July 2023 - 30th June, 2024 |
The basic role of the trust is Education and Access |
The aims of the company are: |
To promote the legacy of Steven Campbell's work |
To sustain and enhance the reputation of his work and the contribution he made to the development of Scottish Art on the international stage |
To provide opportunities for artists and other creative individuals to benefit from the creative and imaginative power which Steven Campbell invested in his work |
To provide support and recognition to young artists through several means |
We intend to: |
- finance an annual Hunt Medal for a final year student artist of great promise and talent at the Glasgow School of Art |
- organise and finance an annual Steven Campbell Lecture by a leading academic, artist or commentator on the contribution of Steven Campbell's work |
- provide an annual Steven Campbell bursary or grant to a young promising artist to travel and to broaden their horizons and artistic and creative abilities |
- finance and organise Steven Campbell art workshops for young people in areas of need in Glasgow, Scotland and England |
- provide a Steven Campbell mid-career bursary or grant to artists who may not have had the recognition they merit to buy materials or to travel exhibitions or to promote their work |
- finance and organise Steven Campbell master classes for developing creative artists |
Workshops for Young People - 8th - 9h February, 2024 |
This year, we were invited back to Kelvingrove Art Gallery, where a secure working space was provided in their education suit, as well as providing easels and other equipment - brushes, sponges and display boards. For the second year, CASS Arts donated a number of materials - paper, paints, and charcoal - we are grateful to CASS Arts for their generosity and delighted at our continued relationship with this company. Fourteen young people from five schools participated in an intensive drawing and painting workshop and were introduced to Steven's work by examining and viewing his original sketches, drawings, and paintings. This workshop complements what takes place in schools, providing the opportunity to sketch and paint a life model - something that is not within the capacity of schools. The workshops were led by Claire Paterson, the first winner of the Hunt Medal and the first winner of The Steven Campbell Scholarship. Claire's commitment to the Trust and her knowledge and experience have been invaluable. The young people's work is displayed on the Trust website. |
Art is Nurture Initiative |
The Trust is supporting a new school initiative called Art is Nurture, instigated by St. Mungo's High School in Glasgow. The programme aims to improve the mental health and well-being of some young people attending Glasgow schools. It is intended to facilitate small group interactions with young people experiencing social and emotional issues in school, build self-esteem, and make connections. This initiative is intended to meet the GCC policy aims aligned with Nurture, GIRFEC, and SHANARRI indicators, informed by Wellbeing Action Plans. This is a 4/5 week programme for 50/55 minutes in a Nurture or Art room. IMPACT Arts is providing training for staff to run these programmes. CASS Arts again has been generous in donating materials to the four schools that will be piloting the programme. Since Steven's work will be featured, the Trust will provide the background and visuals necessary to engage the young people. The schools involved in the pilot scheme are St. Mungo's Secondary, Hyndland Secondary, St. Andrew's High (East End) and St. Anne's Primary. The programme has been informed by 'The Art Room' model, an intervention run in schools in London with positive outcomes for young people. |
THE STEVEN CAMPBELL TRUST (REGISTERED NUMBER: SC380602) |
Report of the Trustees |
for the Year Ended 30 June 2024 |
The Hunt Medal 2024 |
The Steven Campbell Trust were delighted to attend the private preview event at Glasgow School of Art on Thursday, 30th May. Visiting GSA and seeing such a vast selection of talented artists was a pleasure. We want to thank GSA for extending this invitation, which was greatly appreciated; each year, we attend the Degree Show to make our annual award of The Hunt Medal to an artist who demonstrates poetic creativity in their work. After much discussion on the exciting work on the show, we were unanimous in our appreciation of the work of Erin McPhee and are delighted to announce that Erin is the 2024 recipient of our Hunt Medal award. |
Erin McPhee: Artist's Statement |
My practice explores life and the relationships we have with one another. Often referencing family memorabilia and photographs, I aim to create emotionally driven works that are honest and sincere. I frequently turn to paint as my preferred medium, as I enjoy the fluidity it can offer. This allows me to be intuitive with my marks and helps me immerse myself further into my feelings rather than details. |
Hunt Medal Update |
Last year's winner of the Hunt Medal, Eva Hewitt, having finished her Master's at GSA, was offered an artist in residency at The Nacional Museo del Prado, Madrid. Her skill, talent, and dedication to her art have been further recognised, having been awarded the Richard Ford Award 2024. This has now led to her first solo exhibition, which will take place in the Glasgow Art Club. We continue to support Eva in her early career and look forward to that continued relationship. |
Report prepared by: Marion C. Marlow (Secretary) |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
THE STEVEN CAMPBELL TRUST (REGISTERED NUMBER: SC380602) |
Report of the Trustees |
for the Year Ended 30 June 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Company Secretary |
Independent Examiner |
Ian S Watson BA CA |
Watson & Co. |
Oakfield House |
378 Brandon Street |
Motherwell |
NORTH LANARKSHIRE |
ML1 1XA |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
The Steven Campbell Trust |
I report on the accounts for the year ended 30 June 2024 set out on pages five to ten. |
Respective responsibilities of trustees and examiner |
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. |
Independent examiner's statement |
In connection with my examination, no matter has come to my attention : |
(1) | which gives me reasonable cause to believe that, in any material respect, the requirements |
- | to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and |
- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations |
have not been met; or |
(2) | to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
Ian S Watson BA CA |
The Institute of Chartered Accountants of Scotland |
Watson & Co. |
Oakfield House |
378 Brandon Street |
Motherwell |
NORTH LANARKSHIRE |
ML1 1XA |
24 March 2025 |
THE STEVEN CAMPBELL TRUST |
Statement of Financial Activities |
for the Year Ended 30 June 2024 |
2024 | 2023 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
Other |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 17,717 |
THE STEVEN CAMPBELL TRUST (REGISTERED NUMBER: SC380602) |
Balance Sheet |
30 June 2024 |
2024 | 2023 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 6 |
Unrestricted funds | 17,717 |
TOTAL FUNDS | 17,717 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
THE STEVEN CAMPBELL TRUST |
Notes to the Financial Statements |
for the Year Ended 30 June 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
2. | INVESTMENT INCOME |
2024 | 2023 |
£ | £ |
Gross interest | 229 | 126 |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. |
THE STEVEN CAMPBELL TRUST |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
3. | TRUSTEES' REMUNERATION AND BENEFITS - continued |
Trustees' expenses |
Expenses totalling £nil were paid to trustees for the year ended 30 June 2024 (2023 - £136). |
4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted |
fund |
£ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
Other |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 17,717 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Accrued expenses |
THE STEVEN CAMPBELL TRUST |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
6. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.7.23 | in funds | 30.6.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 17,717 | (5,839 | ) | 11,878 |
TOTAL FUNDS | (5,839 | ) | 11,878 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 1,229 | (7,068 | ) | (5,839 | ) |
TOTAL FUNDS | ( |
) | (5,839 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 19,951 | (2,234 | ) | 17,717 |
TOTAL FUNDS | 19,951 | (2,234 | ) | 17,717 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 351 | (2,585 | ) | (2,234 | ) |
TOTAL FUNDS | 351 | (2,585 | ) | (2,234 | ) |
THE STEVEN CAMPBELL TRUST |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
6. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 19,951 | (8,073 | ) | 11,878 |
TOTAL FUNDS | 19,951 | (8,073 | ) | 11,878 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 1,580 | (9,653 | ) | (8,073 | ) |
TOTAL FUNDS | 1,580 | (9,653 | ) | (8,073 | ) |
7. | RELATED PARTY DISCLOSURES |