for the Period Ended 31 August 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2025
Directors
The directors shown below have held office during the whole of the period from
1 September 2024
to
31 August 2025
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 13 months to 31 August 2024 | |
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£ |
| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 13 months to 31 August 2024 | |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
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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: | 5 |
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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
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 31 August 2025
Basis of measurement and preparation
for the Period Ended 31 August 2025
| 2025 | 13 months to 31 August 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2024 |
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| At 31 August 2025 |
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| At 1 September 2024 |
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| Other adjustments |
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| At 31 August 2025 |
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| Net book value | ||||||
| At 31 August 2025 |
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| At 31 August 2024 |
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for the Period Ended 31 August 2025
| 2025 | 13 months to 31 August 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Accruals and deferred income |
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| Total |
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for the Period Ended 31 August 2025
| 2025 | 13 months to 31 August 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Other creditors |
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| Total |
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Freed Up CIC exists to improve the health, wellbeing and social inclusion of people affected by alcohol and drug use through creativity, music, community participation and recovery-focused opportunities. During the financial year, the company delivered a range of alcohol-free community events, creative workshops and volunteering opportunities that reduced social isolation, increased confidence and helped people build meaningful connections within their communities. Our activities provided safe, inclusive spaces where people in recovery, their families and the wider public could come together, reducing stigma and promoting positive recovery. We worked in partnership with recovery organisations, community groups and public sector partners to extend our reach and maximise impact. Participants were supported to develop new creative skills, gain practical experience, build confidence and progress into volunteering, education, employment and community leadership opportunities. Our work also created platforms for people with lived experience to share their stories through music, radio, film and public events, helping to challenge stereotypes surrounding addiction and demonstrate that recovery is visible, achievable and valuable. By involving people with lived experience in the design and delivery of our activities, we ensured that our programmes remained relevant, accessible and community-led. Through collaboration and community engagement, Freed Up CIC has continued to strengthen local recovery networks, promote wellbeing and contribute to healthier, more connected communities across Glasgow and beyond.
Freed Up CIC regularly consults with a wide range of stakeholders to ensure our activities remain responsive to community needs and deliver meaningful impact. Our stakeholders include people with lived experience of alcohol and drug use, participants, volunteers, artists, partner organisations, recovery communities, local community groups, funders, Glasgow Alcohol and Drug Partnership, Glasgow Health and Social Care Partnership, Sunny Govan Community Radio and other organisations working across the recovery sector. Consultation takes place through participant and volunteer feedback forms, informal discussions at events and workshops, planning meetings, partnership meetings, steering and reference groups, and ongoing engagement with community partners. We encourage participants and volunteers to shape the development of our activities by sharing their experiences, identifying unmet needs and suggesting improvements. Feedback received during the financial year influenced the development of our programme, including expanding opportunities for creative workshops, increasing volunteering and progression pathways, developing additional alcohol-free social events, and strengthening partnerships to improve accessibility and reach. Stakeholder feedback also informed improvements to event delivery, communications and participant support, ensuring that our activities remain community-led and responsive to the needs of those we serve. Freed Up CIC is committed to co-production and values the voices of people with lived experience, recognising them as central to the planning, delivery and continuous improvement of our work.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 July 2026
And signed on behalf of the board by:
Name: Donna Boyd
Status: Director