CREATIVE HANGOUTS CIC

Company limited by guarantee

Company Registration Number:
SC817400 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 24 July 2024

End date: 31 July 2025

CREATIVE HANGOUTS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CREATIVE HANGOUTS CIC

Directors' report period ended 31 July 2025

The directors present their report with the financial statements of the company for the period ended 31 July 2025

Principal activities of the company

The principal activity of the company in the year under review was that of providing benefit to those members of the community primarily within Glasgow in provision of creative and nurturing classroom based activities.



Directors

The director shown below has held office during the period of
2 December 2024 to 31 July 2025

Brian Coffey


The director shown below has held office during the whole of the period from
24 July 2024 to 31 July 2025

Kayleigh McGuinness


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
15 April 2026

And signed on behalf of the board by:
Name: Kayleigh McGuinness
Status: Director

CREATIVE HANGOUTS CIC

Profit And Loss Account

for the Period Ended 31 July 2025

2025


£
Turnover: 27,331
Gross profit(or loss): 27,331
Administrative expenses: ( 32,775 )
Other operating income: 6,266
Operating profit(or loss): 822
Profit(or loss) before tax: 822
Profit(or loss) for the financial year: 822

CREATIVE HANGOUTS CIC

Balance sheet

As at 31 July 2025

Notes 2025


£
Current assets
Stocks: 3 400
Cash at bank and in hand: 8,824
Total current assets: 9,224
Creditors: amounts falling due within one year: 4 ( 8,402 )
Net current assets (liabilities): 822
Total assets less current liabilities: 822
Total net assets (liabilities): 822
Members' funds
Profit and loss account: 822
Total members' funds: 822

The notes form part of these financial statements

CREATIVE HANGOUTS CIC

Balance sheet statements

For the year ending 31 July 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.

This report was approved by the board of directors on 15 April 2026
and signed on behalf of the board by:

Name: Kayleigh McGuinness
Status: Director

The notes form part of these financial statements

CREATIVE HANGOUTS CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

CREATIVE HANGOUTS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

CREATIVE HANGOUTS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Stocks

2025
£
Stocks 400
Total 400

CREATIVE HANGOUTS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

4. Creditors: amounts falling due within one year note

2025
£
Other creditors 8,402
Total 8,402

COMMUNITY INTEREST ANNUAL REPORT

CREATIVE HANGOUTS CIC

Company Number: SC817400 (Scotland)

Year Ending: 31 July 2025

Company activities and impact

During the financial year, Creative Hangouts CIC worked to improve the wellbeing, confidence and social connections of people in the community through creative activities and events. The company provided inclusive opportunities for people of different backgrounds and ages to participate in the arts, and community activities. This helped to reduce social isolation, encourage creativity and support community engagement. The companies activities were carried out for community benefit.

Consultation with stakeholders

No consultation with stakeholders

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
15 April 2026

And signed on behalf of the board by:
Name: Kayleigh McGuinness
Status: Director