THE FILM CULT CIC

Company limited by guarantee

Company Registration Number:
SC748500 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

THE FILM CULT CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE FILM CULT CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 13,654 9,669
Total fixed assets: 13,654 9,669
Current assets
Cash at bank and in hand: 2,298 918
Total current assets: 2,298 918
Creditors: amounts falling due within one year: 4 ( 3,283 )
Net current assets (liabilities): (985) 918
Total assets less current liabilities: 12,669 10,587
Total net assets (liabilities): 12,669 10,587
Members' funds
Profit and loss account: 12,669 10,587
Total members' funds: 12,669 10,587

The notes form part of these financial statements

THE FILM CULT CIC

Balance sheet statements

For the year ending 31 October 2025 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 29 July 2026
and signed on behalf of the board by:

Name: Rowen Henderson
Status: Director

The notes form part of these financial statements

THE FILM CULT CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 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

    Tangible fixed assets depreciation policy

    Plant and Machinery - 20% reducing method

THE FILM CULT CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 1

THE FILM CULT CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2024 13,436 13,436
Additions 7,183 7,183
Disposals ( 796 ) ( 796 )
Revaluations
Transfers
At 31 October 2025 19,823 19,823
Depreciation
At 1 November 2024 3,767 3,767
Charge for year 2,423 2,423
On disposals ( 21 ) ( 21 )
Other adjustments
At 31 October 2025 6,169 6,169
Net book value
At 31 October 2025 13,654 13,654
At 31 October 2024 9,669 9,669

THE FILM CULT CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Creditors: amounts falling due within one year note

2025
£
Accruals and deferred income 3,283
Total 3,283

COMMUNITY INTEREST ANNUAL REPORT

THE FILM CULT CIC

Company Number: SC748500 (Scotland)

Year Ending: 31 October 2025

Company activities and impact

The Film Cult CIC continued to establish itself as an essential community asset to the grassroots filmmaking ecosystem through the accounting period of 24/25. The group sustained their flagship “Equipment Share” project while expanding their offering into the screening, distribution, community forming and workshopping spaces through the successful running of a new “Projections” monthly festival. Alongside this the group continued to work on their organising to better involve the community they serve and are a part of. The Film Cult Equipment Share has become a staple in the filmmaking community, offering accessibly priced professional equipment to local indie productions. The project has now supported over 400 local filmmaking groups with the majority stating they wouldn’t have been able to access the equipment without the support of the kit share project. The group raised over £7,000 through crowdfunding to expand the selection of equipment available, developing camera, sound, lighting, costume, as well as safety and accessibility tools. The Film Cult “Projections” festival is a free monthly screening event for locally made films to be watched and optionally discussed in a social and interdisciplinary setting, featuring musicians, poets, experimental, student and other forms of work. We have successfully ran 12 festivals attended by locals.

Consultation with stakeholders

The Film Cult CIC has continued to put community engagement and collective decision making at the forefront of its activities. Stakeholders include local filmmakers, equipment users, volunteers, event attendees, artists, and members of the wider creative community. The organisation operates through a deliberately horizontal structure designed to be community led and community owned. As a result, stakeholders are not only consulted on the organisation's activities but are directly involved in shaping its priorities, projects and decision making processes. Consultation has taken place through regular discussions at events, volunteer meetings, online community channels, and direct feedback from users. Feedback from stakeholders highlighted demand for a wider range of equipment, more opportunities for networking and collaboration, greater accessibility provisions and increased opportunities for local filmmakers to screen and discuss their work. In response, the organisation expanded the Equipment Share inventory through crowdfunding, invested in accessibility and safety equipment, established the monthly "Projections" festival as a regular exhibition and networking platform, and continued to develop organisational practices that enable greater community participation in governance and project development.

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
23 July 2026

And signed on behalf of the board by:
Name: Rowen Henderson
Status: Director