for the Period Ended 30 November 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 30 November 2025
Directors
The director shown below has held office during the whole of the period from
1 December 2024
to
30 November 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 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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( |
| Profit(or loss) before tax: |
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( |
| Tax: |
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(
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2025 | 2024 | |
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£ |
£ |
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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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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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( |
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| Creditors: amounts falling due after more than one year: | 5 |
(
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(
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| Provision for liabilities: |
(
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| Accruals and deferred income: |
(
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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: |
( |
( |
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 30 November 2025
Basis of measurement and preparation
for the Period Ended 30 November 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 November 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 December 2024 |
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| Additions |
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| Disposals | ||||||
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| Transfers | ||||||
| At 30 November 2025 |
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| Depreciation | ||||||
| At 1 December 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 November 2025 |
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| Net book value | ||||||
| At 30 November 2025 |
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| At 30 November 2024 |
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for the Period Ended 30 November 2025
| 2025 | 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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| Total |
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for the Period Ended 30 November 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Total |
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In this year we had 16 full time students from across Scotland. Our students took part in the Edinburgh Fringe Festival and produced a number of live performances in our theatre space. We held over 18 part time course, teaching over 180 part-time and private students. We provided subsidised rehearsal space to 17 local theatre companies and organisations. We provided a subsidised performance space to 6 local theatre companies and organisations. We provided free workshop and performance space to the long-established writers development programme - Stage 2 Page. We continued to provide sibsidised storage and play space to a local CIC who provide support for families with children in the community.
Performance Studio Glasgow CIC's stakeholders include all student that come to our studio, including part-time students, private 1-2-1 clients, Zoom clients around the world and our full-time students. Additionally external users from the artistic and creative community were able to benefit from the use of our purpose built theatre. Our students received feedback surveys several times. The Studio Management Team met to discuss this feedback. All stakeholder feedback is fed through our administrator into our formal meeting schedule to discuss and consider this feedback and help to shape out decisions and decision making. We continue to invite external members of the community to come to our studios and offer their advice and feedback on bringing what we offer in line with the needs of our community.
Total remuneration for the director was £27,500. There were no other transactions or arrangement in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 August 2026
And signed on behalf of the board by:
Name: Nicholas Field
Status: Director