Take Me Somewhere Festival
Latest income
£213k
Latest spending
£200k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity recorded a net income of £12,508 for the year, with total funds increasing to £252,969. The trustees consider the level of unrestricted reserves to be adequate, noting that £61,000 is held in a separate savings account to cover three months of operating costs as per their reserves policy. The charity secured its first core funding from Creative Scotland and the Paul Hamlyn Foundation, providing a more stable financial outlook for future periods.
What the accounts disclose
Related-party transaction: Transfer of funds to Buzzcut Festival CIC (Festival Manager is director of Buzzcut). No charge made. No funds owed at year end.
“Take Me Somewhere’s Festival Manager is also a director of another organisation, Buzzcut Festival CIC. During the period from April 2023 to March 2025 a transfer of funds was made from Take me Somewhere to Buzzcut to allow certain payments to be made on behalf of the charity. This was carried out in the normal course of business and no charge was made for this service. At 31 March 2025 no funds were owed between the two organisations (2024: Take me Somewhere owed £1,961 to Buzzcut)” — page 27
Per FY2025 accounts as filed with OSCR.