REGISTERED COMPANY NUMBER: SC101904 (Scotland)

REGISTERED CHARITY NUMBER: 006649

Report of the Trustees and

Financial Statements for the Year Ended 30 September 2025

for

Glasgow International Jazz Festival

Limited

(A Company Limited by Guarantee)

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9

to

10

Notes to the Financial Statements

11

to

16

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principal activity of the company during the year was the organisation and promotion of Glasgow's International Jazz Festival with the object of promoting, maintaining, improving, advancing, and encouraging the presentation and appreciation of Jazz and all associated forms of musical and artistic education.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Glasgow International Jazz Festival 2025

The 39th annual Glasgow Jazz Festival took place from Wednesday 18th until Sunday 22nd June 2025.

A programme of Scottish, UK and international artists was presented in venues across the city. We also worked with several local promoters & organisations to add to our programme with a series of co-promotions which helped boost the overall event.

Beyond Borders

We worked with Serious Productions in London to bring the premiere of the British Council supported "Beyond Borders" event to the Green Room in Glasgow Royal Concert Hall. This event celebrated the 20th anniversary of their Take Five mentoring programme.

Poesis - a newly commissioned work and collaboration exploring interconnection, borders and language as thresholds featured live soundscapes, reimagining of traditional folk songs, improvised melodies, and manipulated voices featured musicians from recent cohorts of Take Five including Lulu Manning, Xhosa Cole, Claire Victoria Roberts and Conor McAuley.

Glasgow 850

We were successful with the reopened Glasgow City Council Glasgow 850 Festival Fund (which we weren't eligible to apply for at the first round (up to £10k). We have been granted £5,000 towards afternoon events during the Festival dates including:

Sue McKenzie's Sound Explorers - workshop for kids aged 5-9 (Free entry)

Byres Road Big Band at the Pearce Institute in Govan (Free entry)

We presented a project entitled "The New Jazzwegians" featuring Glasgow-based jazz musicians who weren't born in the city but had chosen to make their home and jazz career here - co-curated by Fergus McCreadie. The programme took place at St Luke's on the afternoon of Sunday 22 June and was hosted and introduced by and featured musicians born in Ghana, France, London and Scotland-wide.

- Nathan Somevi Trio

- Aku!

- Azamiah

Support Slots

All available support slots were given to Glasgow-based musicians and 100% featured at least one female or non-binary performer. All support artists were paid at Musician's Union full rate.

Neil Cowley Trio support Rachel Duns

Matt Carmichael support Juliette Lemoine & Chris Amer

Brian Jackson support Gaïa

Modern Vikings support Glassworks feat Emilie Boyd & Dan Brown

Poesis support Pippa Blundell

Theon Cross support Rebecca Vasmant

BBC Young Jazz Musician 2024

As part of his prize for winning the above title, Paisley guitarist Timmy Allan was given a gig in the main programme.

Charities

We worked with Respitality Scotland to offer unpaid carers complimentary tickets to some St Luke's shows.

PR Campaign / Social Media

We appointed Corrie Campbell of Campbell Communications to provide a PR campaign for the event, along with some assistance with social media. Their End of Campaign media report is attached.

Post-Event Media Release

The curtain has closed on the 39th edition of Glasgow Jazz Festival, reaffirming its place as one of the UK's premier and much-loved jazz events.

From Wednesday 19 - Sunday 22 June, Glasgow's longest running festival brought a dynamic line-up of iconic performers, rising stars, album launches, and community events to venues across Glasgow, delighting audiences with jazz sounds of every genre, from big band and swing, to experimental and blues.

More than 200 musicians took part in over 35 performances. A swathe of shows reached a sell out including acclaimed New Orleans musician Jon Cleary, jazz fusion outfit Mammal Hands, Scottish jazz stalwarts Rose Room and two shows by trumpeter Colin Steele.

Events ranged from free jam sessions and one-off collaborations, to a children's music workshop and a book reading, as well as an exhibition by Glasgow-based photographer Alan Donaldson, capturing musicians from the thriving local scene.

The five-day festival has been subscribed to the music industry's gender equality initiative, Keychange, since 2017, and this year hit 75% of performances that featured female talent.

Staged in a UNESCO City of Music and with nearly four decades of history, Glasgow Jazz Festival continues to set the stage for established and emerging jazz talent, fostering and promoting an appreciation for jazz in its many forms among Glasgow audiences.

Jill Rodger, Director of Glasgow Jazz Festival, said: "The 39th Glasgow Jazz Festival has been one to remember - from packed venues to incredible performances, the energy brought by both artists and audiences has been wonderful. Our commitment to inclusivity, giving young and emerging talent a platform and celebrating all genres of jazz, are at the heart of what we do. I want to personally thank everyone who played a part in making this festival such a success. We're already looking forward to what's in store for our very special 40th edition. See you next year Glasgow!"

Keychange Initiative - "Creating opportunities for women and gender minorities in music" - 82% of bands programmed in our own-promoted gigs featuring at least one female or gender minority performer in their lineup, with a total of 75% achieved across the programme when including the co-promotions.

Logo & Branding- We changed the colour palette for our branding to blue and yellow this year (as above).

Social Media Platforms @glasgowjazzfest

Facebook: 9.5k (static)

Twitter: 10.6k (slight decrease)

Instagram: 5k (increase)

Poster Campaign

" 60x40 street poster campaign ran from end of May at 25 sites across the city with some in kind support from The Poster Associates.

E-Shots Campaign

Five newsletters were sent over two months to 6,000+ subscribers.

Co-Promotions

Renegade Promotions - we included their Baiana gig at Oran Mor in our programme

432 Presents - we included their AnaVitoria gig at the Mackintosh Church in our programme.

The Hug and Pint - we included their Smoove & Turrell gig in our programme.

Glad Café - we included their Raymond Macdonald and Mariam Rezai event in the programme.

SJM Concerts/DF Concerts - we included the Santana gig at the Hydro in our programme

Gavin's Mill, Milngavie - we included their supper jazz event with The Cordless Four in our programme.

Sustainability

Having signed up to Creative Carbon Scotland's Green Arts Initiative, we once again strengthened our efforts to reduce waste backstage (using biodegradable coffee cups, no plastic lids, paper plates etc) and provided fewer small bottled waters where possible.

FINANCIAL REVIEW

Financial position

The financial statements for 30 September 2025 show a surplus of £2,482 (2024 - £10,766 deficit) for the period.

The company has been able to continue its activities due to support from Creative Scotland its bankers, the Virgin Money Bank, and other creditors.

Principal funding sources

GRANT FUNDING

£100,835 (Creative Scotland)

Reserves policy

The directors intend to build up a minimum balance in the unrestricted funds to cover our major risk area - Box Office revenue. The directors consider it prudent to cover 50% of projected Box Office revenue. At present, this requires a reserve of £16,000. The directors consider the company's reserves policy annually at the company's annual general Meeting

FUTURE PLANS

The directors intend to continue the annual festival and maintain a secure financial position.

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.

The organisation is a charitable company limited by guarantee, incorporated on 18 November 1986 and registered as a charity on 18 November 1986. The company is controlled by its Memorandum of Association, which establishes the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

The directors / trustees of the company are appointed by the members at the annual general meeting. Directors are normally appointed for a period of three years after which they must offer themselves for re-election.

Organisational structure

A board of directors, who meet quarterly, administers the charity. The day to day running of the festival is contracted out to independent consultants who are coordinated by the board.

Induction and training of new trustees

Most trustees are familiar with the practical work of the charity having been briefed by the Chairman on the obligations of trustees, the main documents which set out the operational framework for the charity including the Memorandum and Articles of Association, resourcing and the current financial position and future plans and objectives.

Related parties

The charity has a very close relationship with Creative Scotland who provide funding to enable the company to carry on its activities. Details of transactions with related parties are set out in the notes to the financial statements.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC101904 (Scotland)

Registered Charity number

006649

Registered office

505 Great Western Road

GLASGOW

G12 8HN

Trustees

Mr G Falconer

Mr D S Kaye

Mr R Muir

Ms A Slaven

Dr S A Mitchell

Ms C A Welsh

E Bolander

J Robertson

Company Secretary

Ms G E Rodger

Independent Examiner

Raymond Henry FCA

The Kelvin Partnership Ltd

Chartered Accountants

The Cooper Building

505 Great Western Road

Glasgow

G12 8HN

Approved by order of the board of trustees on 10 December 2025 and signed on its behalf by:

Ms C A Welsh - Trustee

I report on the accounts for the year ended 30 September 2025 set out on pages eight to sixteen.

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.

Raymond Henry FCA

The Institute of Chartered Accountants in England and Wales

The Kelvin Partnership Ltd

Chartered Accountants

The Cooper Building

505 Great Western Road

Glasgow

G12 8HN

10 December 2025

30.9.25

30.9.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2,000

-

2,000

1,000

Charitable activities

Annual Jazz Festival

32,421

106,969

139,390

157,094

Other trading activities

2

6,484

-

6,484

3,566

Total

40,905

106,969

147,874

161,660

EXPENDITURE ON

Raising funds

-

16,850

16,850

15,693

Charitable activities

Annual Jazz Festival

38,423

90,119

128,542

156,733

Total

38,423

106,969

145,392

172,426

NET INCOME/(EXPENDITURE)

2,482

-

2,482

(10,766

)

RECONCILIATION OF FUNDS

Total funds brought forward

32,574

-

32,574

43,340

TOTAL FUNDS CARRIED FORWARD

35,056

-

35,056

32,574

30.9.25

30.9.24

Notes

£

£

CURRENT ASSETS

Debtors

7

35,052

23,244

Cash at bank and in hand

31,086

30,830

66,138

54,074

CREDITORS

Amounts falling due within one year

8

(31,082

)

(21,500

)

NET CURRENT ASSETS

35,056

32,574

TOTAL ASSETS LESS CURRENT LIABILITIES

35,056

32,574

NET ASSETS

35,056

32,574

FUNDS

11

Unrestricted funds

35,056

32,574

TOTAL FUNDS

35,056

32,574

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 10 December 2025 and were signed on its behalf by:

Ms C A Welsh - Trustee

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2.	OTHER TRADING ACTIVITIES

30.9.25

30.9.24

£

£

Other income

6,484

3,566

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.9.25

30.9.24

£

£

Other operating leases

2,400

1,905

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

1,000

-

1,000

Charitable activities

Annual Jazz Festival

32,400

124,694

157,094

Other trading activities

3,566

-

3,566

Total

36,966

124,694

161,660

EXPENDITURE ON

Raising funds

-

15,693

15,693

Charitable activities

Annual Jazz Festival

20,247

136,486

156,733

Total

20,247

152,179

172,426

NET INCOME/(EXPENDITURE)

16,719

(27,485

)

(10,766

)

RECONCILIATION OF FUNDS

Total funds brought forward

15,855

27,485

43,340

TOTAL FUNDS CARRIED FORWARD

32,574

-

32,574

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2024 and 30 September 2025

4,680

DEPRECIATION

At 1 October 2024 and 30 September 2025

4,680

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

VAT

5,470

3,244

Prepayments and accrued income

29,582

20,000

35,052

23,244

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts (see note 9)

29,582

20,000

Accruals and deferred income

1,500

1,500

31,082

21,500

9.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

£

Amounts falling due within one year on demand:

Bank overdrafts

29,582

20,000

10.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

30.9.25

30.9.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

£

£

£

£

Current assets

36,556

29,582

66,138

54,074

Current liabilities

(1,500

)

(29,582

)

(31,082

)

(21,500

)

35,056

-

35,056

32,574

11.	MOVEMENT IN FUNDS

Net

At

movement

At

1.10.24

in funds

30.9.25

£

£

£

Unrestricted funds

General fund

32,574

2,482

35,056

TOTAL FUNDS

32,574

2,482

35,056

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

40,905

(38,423

)

2,482

Restricted funds

Creative Scotland

101,969

(101,969

)

-

Glasgow City Council

5,000

(5,000

)

-

106,969

(106,969

)

-

TOTAL FUNDS

147,874

(145,392

)

2,482

Comparatives for movement in funds

Net

At

movement

At

1.10.23

in funds

30.9.24

£

£

£

Unrestricted funds

General fund

15,855

16,719

32,574

Restricted funds

Creative Scotland

27,485

(27,485

)

-

TOTAL FUNDS

43,340

(10,766

)

32,574

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

36,966

(20,247

)

16,719

Restricted funds

Creative Scotland

92,081

(119,566

)

(27,485

)

Balearic Island Institute

(5,000

)

5,000

-

Vietnamese Project

37,613

(37,613

)

-

124,694

(152,179

)

(27,485

)

TOTAL FUNDS

161,660

(172,426

)

(10,766

)

Creative Scotland Funding

The funding received from Creative Scotland is specifically to run the Glasgow International Jazz Festival

12.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2025.

13.	ULTIMATE CONTROLLING PARTY

The trustees consider that the board is the ultimate controlling party.