PAISLEY ACADEMY OF MUSIC C.I.C.

Company limited by guarantee

Company Registration Number:
SC795001 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

PAISLEY ACADEMY OF MUSIC C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2026

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

PAISLEY ACADEMY OF MUSIC C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2026

2026 13 months to 31 January 2025


£
£
Turnover: 0 8,000
Cost of sales: ( 2,000 ) ( 8,000 )
Gross profit(or loss): (2,000) 0
Administrative expenses: ( 370 ) ( 275 )
Operating profit(or loss): (2,370) (275)
Profit(or loss) before tax: (2,370) (275)
Profit(or loss) for the financial year: (2,370) (275)

PAISLEY ACADEMY OF MUSIC C.I.C.

Balance sheet

As at 31 January 2026

Notes 2026 13 months to 31 January 2025


£
£
Current assets
Cash at bank and in hand: 0 2,000
Total current assets: 0 2,000
Creditors: amounts falling due within one year: 3 ( 2,645 ) ( 2,275 )
Net current assets (liabilities): (2,645) (275)
Total assets less current liabilities: (2,645) ( 275)
Total net assets (liabilities): (2,645) (275)
Members' funds
Profit and loss account: (2,645) ( 275)
Total members' funds: ( 2,645) (275)

The notes form part of these financial statements

PAISLEY ACADEMY OF MUSIC C.I.C.

Balance sheet statements

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

Name: Jay Fitzpatrick
Status: Director

The notes form part of these financial statements

PAISLEY ACADEMY OF MUSIC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PAISLEY ACADEMY OF MUSIC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 13 months to 31 January 2025
    Average number of employees during the period 0 0

PAISLEY ACADEMY OF MUSIC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Creditors: amounts falling due within one year note

2026 13 months to 31 January 2025
£ £
Other creditors 2,645 2,275
Total 2,645 2,275

COMMUNITY INTEREST ANNUAL REPORT

PAISLEY ACADEMY OF MUSIC C.I.C.

Company Number: SC795001 (Scotland)

Year Ending: 31 January 2026

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. We delivered subsidised music lessons for young people in Renfrewshire, focused on creativity, learning & confidence building.

Consultation with stakeholders

Jay Fitzpatrick Jonathan Boyd Jack Boustead Consultations took place through project meetings & discussions regarding the effectiveness of the CIC programme. Feedback focused on attendance, improved communication with Mirren Park School, and ensuring the funding would directly benefit students. This prioritised access to music tuition to children and young people from low income backgrounds was a major benefit of this. The CIC has successfully achieved its intended plan during this period.

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
29 October 2026

And signed on behalf of the board by:
Name: Jay Fitzpatrick
Status: Director