The Touring Network (Highlands & Islands) Ltd
Latest income
£130k
Latest spending
£178k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £48,162 for the year, reducing its unrestricted reserves from £107,803 to £59,641. The trustees note that the organization is dependent on regular funding from Creative Scotland but have secured multi-year investment to provide stability. The board considers the ideal level of reserves to be £34,000, which is currently exceeded by the actual unrestricted reserves.
What the accounts disclose
Related-party transaction: The charity holds 25% equity in Tourbook CIC. Claire Mackay is a Director of Tourbook CIC representing The Touring Network on their board.
“The Touring Network holds 25% equity in Tourbook - the online showcasing platform and marketplace for live performance. Claire Mackay is a Director of Tourbook CIC representing The Touring Network on their board.” — page 9
Per FY2025 accounts as filed with OSCR.