Regislered company number 03283252 (England and Wales) Registered charity number 1060668 BROADCAST JOURNALISM TRAINING COUNCIL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
BROADCAST JOURNALISM TRAINING COUNCIL INDEX Page Trustees, report Independent examln8fs report Statement of flnancial aclivilie8 Balance sheet Noles to Ihe financial statements 8-13 Thi$ page does not form part of the financial statsment8 Detailed stslement ol financial aclivllles 14
BROADCAST JOURNALISM TRAINING COUNCIL TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Iruslees. who are also direclors ol the charfty for the purposes of the Companles Act 2(X)6, present Ihelr reporl wilh the flnandal slalements of the charly tr the yeor erKled 31 December 2024. The Injslees have adopled the provisions of the Slgtement of RecoMnded PraGlice (SORPI'A¢counling Reporling by Chaiitiey, issued in MArth 2005. BJTC remains on• of t largest joumalism AccrÈdilalion bodiès in hJher educalion V+ilh 39 coutses either accredited or in the advisory pro¢es$ and sever81 more likely lo loln the advisory pro¢e$$ In 2025. The BJTC requtrernen15 are reviewed every yeor. In 2024 8 small numbw of arnendmenls wre agreed. mainly oround Streamlining accredlt81ion review pffjcedures for course leader8, belng mlndlul of Ihelr Ilme and WOTklo8d, and ligmanlng up and darffyirwj processe8. The BJTC'S Industry 8ponsorsNp remaln8 8trow vlth contlnued. dyn8ml¢ relallonshlps wllh the 8BC, Sky Nev. ITV News. CharThl 4, ITN. Bauer. Globol. the NUJ. Rfflrteis w¥J A¥¥oGlaled Press. 2W24 was the nfth ye8r of the Placement Asslsl8nce Scheme (PASI, 8lmed 81 lackllng some of Ihe thalbnge$ Sludents face In fundlng ¢w¢lal pl8MentS Ihal are recogn18ed 88 the first 81ep lo finding work in joumali8m.152 8pplican18 were awarded Ihe grant of £250 ttywards Ihelr plgcements. When the sckne was sel up. the BJTC cornmltted lo furKllng11 for flve yearn. Now In Ils flfth year, desplte dedlcaling ov8r£168K in grants 10 Sludenls sIJY1rwj on 8JTC accredbted courses, of vknlch £95,000 h88 been p8ld out, £10,7501s yet lo be pald and £82,9) has become Ilme-barTed. Ihere will be enough rnorw to run Ihe 8cheme for anolher year, without arw furlhfrr fuThliThJ. Aftw tLin8ulting with our acadernic p8rtnor8, il w88 Agr•8d to rdueA lh8 grAnl back down lo lh• oiiginll amount of £200 i) 2025, wllh the prhyity on ¥ludenl reach rather Ihan grant amount, ensurfng11 helps as many ellglblg sludenl6 88 possible. In 2024 Ihe BJTC ran anolhgr successful NelYrt El•ctlon Programme for th8 night of 4th July. Thls was the Ihlrd the BJTC has created on glgctlon Pr8¢1, brlnglng logelher 20 unSyersltles gnd more Ihgn 1Lh) sludenl8. The nelwimk programme was broadcast from Ihe Unlver8ty of Northampton from 10pm and ran Ihrou9houl the nh1.11 w&8 made available for Sludenlsl¢orfftiunity radio atalions and tha wblic via Ihe inlemel. All press accreditalion and acces5 lo count cenlres We organlsed ty Ihe BJTC. The prngrarnme won a Communty Radlo AWA In Ihe'General Eteclion Coverage, category. Due lo the eb¢tlon8 in th& UK and th¢ USA th¢ Porfnerf8 Day was poglponed lo October ond h&ld as an onlino cortfer¢r. which Induded Ihe BJTC AGM and an upd81e around lh• Changes lo Ihe WTC requirem•nlg, giving course leaders a Chan to di8oJ8$ and ask any quéstions relallng to the ac¢xedllalion pro¢688. The 2024 BJTC Slthl JOlalISM Awards was held al Sky Clnema, In Brenttord and presented by Jacqule Bellrao from Sky News. The Ihirte•n cal•goriè8 8awwnner8 chosen from City Sl George's, Univ8rslty ol London. Boumemouih Universlty, UVeIty ol Sallord, University of LewJ8, Unlversity ol the West England, Universtty of We3trnin131er and Vnlverslty ol Ea¥1 kn9118. The Sleve Harri6 Awafd, ttIch reco9nl8e8 Ihe stand-oul enlry of Ihg compelllion, was by ty4Q Studenlg from Clty St Goorgg's, Unfversity of Lthjon. Thiy year popular TV New8d8y ¢alegory an(i Il ¢anap¢s drlnk8 re spon8tyed by neworoom producllon softwar¢, Dina and doud vkleo product1, Mlmtr. Every year award BJTC Skill# Certthcales to Successful gradualos trom k¢Jediled ¢our8es. The certifi¢ales are Ie arKI opllonal ond kn 2024 ls8U8d over 610 certlfficg1g5 from 22 accrgdlted cournes. As an edatiOnl charity. tho BJTC contsnu681o monitor ils financs ejosely, to ensure il hold$ lust enough for the smoofft nNyrj ol Ihe bu81ness. In 2024 the boar(I feli11 prwjenl lo tyjdgol across the nexl Ilwee years. Th15 tht l)udg8ling and Ihra¢-year f<¥ecasli19 guaranlees mlnknal fee Incxeases lo sponsorn and IralnlThJ bodie8 and 8llows our partners lo budgel aordingly. 2024 81$0 SOW the inlrodudion of Ihe reylsed banding tTh)del. Th1$ updated bandlng System ensured studenl numbers betler refiecled In the fee allocaled lo iTh*vldual courses. 11 proves lo be a lairer system. welcomed by wur8è lethJer3 and safeguards thè annual income for the BJTC from IludualSons In stertI numbe1$. FINANCIAL REVIEW tring Ihg ygar. charitable wnpany madg a surplus 01 É26.981 {2023.. dèfirii- £36,419). and al the year end held lolal funds of £131,86712023: £104,886).
BROADCAST JOURNAUSM TRAINING COUNCIL TRUSTEES, REPORT Icontlnuod Officrs are appolnled by the board as ¢ongullants lo them. lo assist in the admlnlslrallon and day lo day njnnlw of the charity. The secrelary. Irea3urer and comp8ny admlnislralor, intèrim a¢d1[all0n team leaderg and accredilal¢on de¢lOr reIved fee5 during I year lolalling £33,36312023.' £23,495). Norp ol Ihese officers Iwslee8 of the d)arity. Tnjslees T81ved no fees in eomecllon %%rfth I1r duties as Irusttss as Ihe8e are provided on a voluntary ba818 ilh ju$1 Irgvel and 8ubsislence expen8es belng 1mburS6d. STRUCTURE, GOVERNANce AND MANAGEMENT Gov•rnlng Thè ¢harlty o ltrolled by118 goveming do¢umenl, a deed of Irusl, and ¢on$liluies a Ilmlled company, limlied by guarantee, 88 defined by Ihe Companies Act 20. In June 2012, the tharfty adopted Articlè¥ of A5soclallon to renect the Snlrodu¢llon of th Chgrilies Act 2011 and Ihe Companles Ad 20[, Appolntm•nt lo tho Board The mèthod$ lor appolnllng Board m8rnbers are sel out In our Ariiclès of A880clailon adopted 81 ow AGM In 2012. Under Arthaès, mApr industry sponsors ead) 8ppoinl senior managern lo the Board Represenlatlves of the 23 Unl¥ersbtle8 vAth accr8dil ¢Tse5 elect 6 course leaders from Ihelf number, Io t•present them on the Board. Eg¢h elecled college repre8enlallve seryes for 3 year#. Inducilon •nd Tr•lnlng Pfior lo appolnlrrnl, polenllal Board m6nknrs 8T8 Infom)ed of their liatilitks ond resp(SIbIlit as both 80gr(l members and Tru8lee8. The Company Seuelary lakes respon8ibllty lo ensure that nèw Boaid membern hove a¢¢e$810 811 ro18v8nl documents and lo brlng Ihem up to dalo on the cwlenl prforfll88 01 Ihè BJTC. Rl8kM•n8g•fflont The Truslees have a duty lo Idenllfy and revitiw the rf$ks lo whlch the tharity Is eyposed, and lo ensurè approprfate controls ar• In place lo pmvlde rea8onAbl• inswance agalnsl fraud and r. 8JTC Re••p••• Poll¢y 1118 the polty ol Ihe BJTC lo hold in Mser4e8 the equlvalenl of four months general C081$. In addftlon lo th18 the BJTC can hold un8110¢gted fuNI8 for the pu0¥81 of $upportlng. promoling 8nhandng eccrndllatlon seNIc88 and to fvrtr the oblectlve6 01 the 8JTC. Bul11 1$ noled Ih8t ¢iroJm8lance8 may change with lim• ond Iruslees review the pollw al l•asl annually 06 part ol 118 plannlng Pro¥e8. The amount hdd in re$erve8 11 also be monilwed ihe COLKse of Iha yéar as pAri ol a charf6 budgetary proces8. OBJECTIVES AND ACTIVITIE8 ObJ•ctSvM and aln The charity's obpcllve$ arKI alms h the year LThJer reviowv•re the monilorfNJ, ev8lualion and a¢uedli8llon ol education•1 ¢ourse$ In broadcast and mullkmedi8 Iwrnallsm. The Broadcast Joumallsm Tralnlng Councll {8JTC) ex5$18 lo sel aTrJ mglnlain 81and8rd8 of louma118m tralnlng In thè UK. Skill& and knowledge reqLthred by Ihese slandard$ are Ihen used lo asSS I0[0$M Iralnin9 courses arfJJThl the vtKle of Ihe UK Ind11 QLneS meet those slandèr¢l¥ then they are fomially reCognid 49"8ccredled.' Currenlly the 8JTC awpdlls 39 courses within 23 In8111ullons In Ihe UK, wilh #round 2500 Blud8n18 enrolled on th8m. Th1$ wocfj551s also grovAtvJ In Importanee as I trIe news Industry meels ts challenges Sel by changing viewng, li8teniyJ end readfvJ habll$ a8 well as the impact of new le¢hnology. The BJTC alm8 lo en8ure thal graduates from Ihose accredlted courses are be81 prepared lor careern In thls fa81-changing Industry. The Iwsteos are aware that Ilw musl carry on the acliviti88 forlhe pubNc benefll arbj mu81 pay du8 regard lo Ihe guid8nco on publlc benefii188ued by the Charfty Comml851on. They conskjer Ihal ¢harity's airn5 and activilles are lor Ihe publ1¢ benefit as outlined above. REFERENCE AND ADMINISTRAnve DETAILS R¢9l¥tgrod Company number 032252 {England and Wale$) Rp9l¥tOTod Chwrlty number 1((*68
BROADCAST JOURNALISM TRAINING COUNCIL TRUSTEES. REPORT Icontlnu•d REFERENCE AND ADMINISTRATIVE DETAILS ICONTINUED) Trustw¥ R M 8emard Mr8CHRMSmllh MsSALets Ms C L Bamfield J R Barsby R P Ellas J R Porter P T Parker M8 G E Slack L Hertiison DrA Halfi C Howard MPWdh WPCope TBJohn Ms G F m810dyadn6f R Pop81 Mls6 D NavBnayagam Mr Mathew 8rindley Mr Chd$lopher Chohan M8 Anno F Mcguire Mr Joe Mlchalczuk reslgned 4July 2024 - resl8ned l November 2024 appolnted 17 May 2024 - appolnied 4 July 2024 Comp•ny 8•¢r•t•ry Vlss H L Hurd R•qlstsr•d office 2- 4 Packhorse Rood Gerrards Cro$8 8uLinghamshir• SL9 7QE Ind•pendent gxamlngr Nunn Hayward LLP Chartered Accounl8n18 24 Packhorse Road GeThards Cross Buthlngham$hwe SL9 7QE
BROADCAST JOURNALISM TRAINING COUNCIL TRUSTEES. REPORT Icontlnu•dl 8TATEMEpif OF TRUSTEES RESPONSIBILITIES Th8 InJ$tee$ (wh) are al80 the dlreclor8 01 eroad¢a81 Joumallsm TrainhJ Councll for the of company law) are responsiblo for preparin9 the report of Ihe Iruslees gfKI Ihe financial slatemenls in a¢¢ordanr th applicable law and Uniied Kingdom Accounting Standards (United Klngdom Genéralty Accepted AccountirwJ Pradlce). Company law qUITe5 the trustees lo prepare finandal slalemenls for flnandal year which glve a Ie and falr vlew of Ihe state of affalrs of Ihe charfl8ble company and ol Ihe Incoming r¢$ources and applicallon of resources, ineludlng Ihe Incom& and expendllure, of the chadlable company for Ihal perlod. In preparfng those flnaneial Stalernenls, the Injslees are required lo.. seknt sullable accountlng pollcle8 and thon appty ihem conslslentty; ob[Ye Ih? methods and prfn¢lple6 In the Chartty SORP: mèludgemenls arKJ eslknalos that are reasonable and prnd•nl', slae vthelher appli¢able UK Accounting Sl8ndards have bèen followed, 8ubjecl lo any materfal dgpartUrn8 dl6clo8ed and exKlainod In Ihe flnandal #tslgmenl8'. and prwre the finondal st8lem8nls on t1 golNJ concern bas1$ unle8S it 18 inapproprtale lo prnsum8 Ih8t the thadlablo conpany VAII continue vlth Ils aclivitiè$. The InJ$teo5 ore respon8lble for keeplng proper a¢¢ounlSNJ recor(Is vthleh dl8close wth re88onable accuracy 81 any tlme Ihe flnanclgl posllfjon of the th8rilable ¢ompany aThY lo enable them lo ¢n8we that Ihe financial stalemenls cornply vllh the Companie8 Act %)06. They are also rnsponslble for safe9uardlng the as6e16 01 the Chgrltable company and hence for laking reaBonable sly the prevention and detection of fratyj and olhor Itr¢gul8rtk$. Th18 report ha8 been Pared In acrdanCe ¥Ath the 8pecial provi81ons of Port1S of th• Companles Act 2006 relallng Io 8mall eorryjanles. Appmed by the board of Iruslee8 on 3 July 2025 and $lgned on behalf by.. CHRMSmlth Deputy Chalr
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROADCAST JOURNALISM TRAINING COUNCIL I report to the trustees on my examination of the accounts of the Broadcasl Joumalism Training Councll for the year ended 31 December 2024 as set out on pages 6 to 13. Rospon8lblllt1 and bas18 of report As the charlty trust¢es of the company (and also it8 direclors for the purposés of company law) you are responsible for the preparation of the aoUnt8 In accordance viith the Companies Aci 2006 ("the 2006 ACV?. Having satlsfied mysèlf that tha accLJunt8 of the cornpany are not required to be audited undar Part 16 of the 2006 Act and are ellglble for indep&ndent examlnatlon. I report In respect of my examination of your ompany's accounts as rrIed out under section 145 of the Charitie8 Act 2011 ('Ihe 2011 Act.). In carrylng out my examination I have followed the Direction8 given by tho Charity Commi$8ion under section 145(5)(b) of the 2011 Act. Independent oxamln6r'$ 8tatsment I have completed my examinatlon. I conflrm that no matters have come to my attentSon In e£>nnection vlth the examination whlch give8 me cause to believe that in any materlal iespert.. a¢¢ounlng records were not kept in respect ol the company 4$ requlred by seGtion 386 of tho 2006 Aci: or The ac¢ounls did not accord wlth the accountlng records; or the aOUnts do not comply wlth thè accounllng requirements of section 398 of the 2008 Act other than any requirement that the accounts give a 'true and fair view, whlch is nol a matter con8ider8d as part of an independent examinatlon: or th¢ accounts hav? not been prepared In acrdance with the methods and prlnGlpleg of the Statement of Recommended Practlce fof accounting and reporting by charities [opplicable to charftles preparing their acKounts In accordance with thè Financlal Reporting Standard applicable In the UK and RepublSc of Ireland IFRS 102). I have no coneAm$ and have come auoss no matters in conn*¢tion ¥Mth the oxaminatlon to which attentlon should be drawn in thi8 report In order to enable a proper undar8tanding of the ac¢ount8 to be reached. Tom La¢ey FCCA Nunn Hayward LLP Chartered A¢UntantS 24 Packhorse Road Gerrard8 Cro Buckinghamshlre SL9 7QE Date., q -r_
BROADGAST JOURNALISM TRAINING COUNCIL STATEMENT OF FINANCIAL ACTMTIES (INGLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECE141BER 2024 Unrestrlcted Restrlcted Fund Fund Tolal 2024 Total 2023 Notes INCOME AND ENDOWMENTS Charltabl8 activities Inv88tmenl Incom8 Other- Intere81 from HMRC 168,787 2,376 65 15.000 183.787 2,376 168,923 1,996 TOTAL INCOME 171,228 186 228 170919 EXPENDITURE Charitable gctivitle8 135,067 24,180 159,247 207,338 TOTAL EXPENDITURE 135,067 159,247 207,338 TOTAL INCOMEIIEXPENDITURE) 36,161 19.180> 26,981 (36,4191 TRAN8FERS BETWEEN FUND8 12 115,000) 15,000 NET MOVEMENT IN FUNDS 21,161 5.820 26,981 <36,419) Fund balan¢•• brought forward 12 73,556 31,330 104,886 141,305 Fund b•lancM ¢arrl•d forwjrd 12 131867 104 886 The statement of financial acllvltles includes all galns and losse$ r•cognlsed In the year. All income and exp8nditure is derived from continuing adlvities.
BROADCAST JOURNALISM TRAINING COUNCIL {REGISTERED NUMBER 03283252) BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes FIXED ASSETS Tangiblé assets 429 572 URRENT ASSETS Oebto Cash at bank 12,916 133934 3,468 117,621 10 146,850 121.089 CREDITORS . Amounts falllng du• wlthln one y••r Cr8ditors and acerual$ 11 1S.412 NET CURRENT ASSETS 131,438 104,314 NET A8SET8 FUNDS Restricted funds Designated funds General fund 12 12 12 37,150 31.330 94,717 73.556 TOTAL CHARITY FUND8 131867 The company is enlilled lo exgmption from audlt und8r Secllon 477 of the Compantes Act 2006 for the year ended 31 December 2024. No members havg deposited o notice pursuant to section 478 of the Companle$ Act 20l requiring an audll. The trustees acknowledge Iheir responsibilities lor: ensuring that the company keeps accounting record8 that comply wlth 6ecllon 386 01 the Companies Act 2006 and; préparing financial slalemgnts whl¢h glvo o true and fair view of Ihe stste of affalrs ol tho charilable company as 81 thg end of the financial year and of Its Incoming resour¢e$ and application of resources. In¢ludln9 its income and expenditure, for the financlal year In accordance with the r8qulremenl8 of Sections 394 and 395 and whlch otherwlse comply with th? roqulrement8 of Ihe Companias Act 21x16 relating to accoun1$. 60 far as applicable lo the (bl These financlal statement8 have baen préparéd in accordanc• with tho spodal provlslons of Part 15 of Ihe Companies Act 2006 relating to small ¢ompani&s and In accordance with FRS102 section 1A- 6mall entiti95. Approved b the board of Irustsgs on 3 July 2025 and signed on ils behalf by Smith Trustèe Reglstered charity number: 106Q668
BROADCAST JOURNALISM TrAINING COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 STATUTORY INFORMATION The Broadcast Joumalism Training Council is a company limited by guarantee registered in En9land and Wales. In tho evenl of the charity being wound up, the liability in respect of the guarantee 18 limited to £1 per membor of the charty. The address of Ihe registered office is given on pago 3 of these financial slat•rn8nts. Thè n8tur8 of the tharily'8 IlPOralions and principal activi11•8 are Ihe monitoring. evalualion and a¢¢redilalion of higher education courses in broadcast end mulli- medla journ81ism. ACCOUNTING POUCIE8 Ba818 of proparatlon The finanGial statement8 have boon prapared in a¢cordance with Charities Act 2011, the Companies Act 2006, A¢¢ountlng and Reportlng by Charities: Slalemenl ol Recommended Pracllce appllcable to charit18$ preparlng their a¢counls in accordance woth th8 Flnancial Reportlng Standard appllcable In the UK and Rapubllc of Ireland IFRS1021 and the provlsions of FRS 102 Secllon 1A small •ntllies. The financial slalements are prepared on 0 90in9 concern basis und&r the historical cost Convention and prasented In $terllng whlch18 the lunctional ¢urron¢y of the charity aNI rounded lo Ihe near&81 £1. Golng concem The ffinanclal slal•ments h8¥0 beon prepared on tha going concern basis which assum88 that the charilable company wlll contlnue lor the foreseeable fvture, The charitable company 1$ financially stable and has ¢eserve8 in exc888 019 months of running CO8ts. On Ihis basi8 the trus1008 consider il appropriata to continuè lo adopt th• going conc•rn basi8 for the preparation of tho financial 8tatemonts. C89h Ilow 8tstemènt The charlty has nol Included a cash flow 81alemenl as It has claimed exemption under FRS 102 Section 1A. Incomg All Incomlng resources are Included In the Stalement of Financlal Actlvllles (SOFA) when the charlty is legally entitled to the Incom8 after any performance conditions have been mel, Ihe amount can be measured reliably and il 18 probabl? that the income wlll be received. Income that has been Involced but reloling o future p8riod Is doferred. No amount is included in the financial staleff*nts lor volunteer lime in line wilh the SORP {FRS 102) as thi8 is de8med to bé neg11b1&. Expgndltur• Liabilities ara rocognised a8 expenditure aB soon as there is a legal or construclivo obl¢galion committing the charity to that expendilure, il is probable that a Iransfer of economic benefits will b• requlred in settlement and Ihg amount of Ihe obllgalion can be measured reliably. ExpgnditUTe Is accounted lor on an 8ccrual8 b8815 and has been classified under headings that aggregate all cosl ralaled lo the category. Wh8r8 costs cannot b8 directty attributed to partlcul8r headlngs they have been allocated to actévilies on a basis conslslent with the use of reSoUe8.
BROADCAST JOURNALISM TRAINING COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DEGEMBER 2024 Icontinu•d) ACCOUNTINO POLICIE8 (CONTINUED) Allo¢otlon and apportlonmont of Support eost# Support costs are those functions that a881$l tho work ol th• charily but do not directly undertake ¢harilable acllvili8s. Support costs include back offKe costs, personn81 and govemance $ts which support Ihe Charty's activities. All support ¥ts have been allocated to the Charity's primary charilable aclivity of education. Tanglbl• flxod 0•8018 Depredallon Is providad at the followlng annual rates in order to write off each 888el over 118 eslimaled useful life. Ctjmputor 8qulrAnent - 25% on rèducing balance Taxatoon The charily 18 exempl from corporatlon tax on its charilablo a¢llvltles. Fund ac¢ountlng Unreslrlcted lunds can bo uBed In accordance wlth the charltable obAectlve$ at the direon ol the trustees. Rèslricléd fund8 can only be used lor particular restri¢tod purposes within Ihe objècts of the charlty, Reslriclions arise when spe¢lfled by the donor or when funds are raised for particular re$lrl¢ted purpose8. 08slgnated lund$ oro unm$tricted funds whlch have baen ear marked f¢y uso lor a specific purpo8a, Dobtorn rec•lvabl• and cledltors payablo wlthln on• y•ar Debtors and creditors with no staled interest rate and repAlvable or payable within one yaar oro recorded al traaCt10Th wiee. Any losses arising from Impalmenl are reco9nised in exp8rKlilure. Flnanelll In•trum•nts The charity only has flnan¢6al 8$8è1$ and liabilities of a klnd that qualify 88 basie financi81 inslrumenls. 8aslc Iln8ncial instrumonts Oro Inltl8lly rocognlsed at Iran8action value and subsequently m6asur8d at their settlement value.
BROADCAST JOURNALISM TRAINING COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DecEMBER 2024 (eontinued) INCOME 2024 2023 Charltablg a¢tlvlt108 Educalion 183.787 168,923 183 787 168923 Investmenl Incomo 2024 2023 Intere6t received 2.376 1,996 0th8r In¢om• 2024 2023 Int8re8t recaived Irom HMRC 65 65 PAS and Awards staff ¢08ts Dlrnct ¢08ts CHARITABLE ACTIVITIE8 Support eoots Tol•l Educalion 159247 8UPPORT COST8 Manag•m•nt Flnanc• Govornan¢o Totsl Educatlon 134 2024 2023 Insuranc8 Tèlephone Postsge and stationery Computer ¢08ts Sundry expenses Adminl8lr8llon8 fee• Prottecl cosls Depreciation of tangible assèts Bank charges Profasslon81 fée8 Independent examine¢s fees Interest pakl lo HMRC 325 2.326 832 994 200 39.181 32S 1,534 1.698 1,432 1,342 52,897 4.51X> 143 134 881 2,715 173 126 834 2.715 NET INCOMEI{EXPENDITURE) li slatod aftor charylngll¢r•dltingl 2024 2023 D•pftryath)n - of langble red 8S8818 143 190 10
BROADCAST JOURNAUSM TRAINING COUNCIL NOTES TO The FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 lcontlnuod) STAFF COSTS 2024 2023 Wages and sélarbes Social sècurity Pension 80.325 (9,170) 2.410 78,750 9,612 2,363 The average number of staff during tho year wa8 1 (2023.. 1). Emoluments of staff earnlng In 8xces8 of £60,000 was as follows: 2024 No 2023 £70,000. £81.000 TRUSTEES. REMUNERATION, BENeFIT8 AND EXPEN8es There wore no tru8lee8' remuneralion or other benoffts lor Iho year ended 31 December 2024 nor for th? year onded 31 December 2023. During the year expen808 reimbursed lo tru8t•98 wore £NII {2023.' £618) TANGIBLE FIXED ASSETS Computor •qulpmènt COST At 1 January 2024 Addrtlon8 in year At 31 December 2024 8.241 DEPRECIATION At 1 January 2024 Depréciation In the year At 31 Docember 2024 7.869 143 NET BOOK VALUE At 31 December 2024 429 At 31 December 2023 572 11
BROADCAST JOURNAUSM TRAINING COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l¢ontlnugdl DEBTORS 2024 2023 Trade debtors PAYE debtor 1,825 11,091 3.468 10 CASH AT BANK 2024 2023 Cash at bank 133,934 117,621 133934 117621 11 CREDITORS . AMOLINT8 FALLING DUE WITHIN ONE YEAR 2024 2023 Other tsxes and socl818ecudty Other credilors PAS grant payabl• Accruals and deferred Inc0rn9 2,801 460 8,250 5,264 469 10.750 4.193 12 MOVEMENT IN FUNDS Unrn8trl¢tod G•noral Dnlgnatsd Ro8trlctsd Total As at 1 January 2024 73.556 31,330 104,886 Incomlng re$our¢e8 ResourGe8 expanded Suiplusl(deficill lor yéar 171.228 1135,067) 36.161 15,000 186,228 {24.1801 1159,2471 {9,1801 26.981 Tran8fer {15,000) 15,000 As al 31 Deoember 2024 131 867 Analy•l• of net a8•01s by funds: Fixed assets 429 12,916 429 12,916 Debtors Cash ot bank 86,034 14,662) 47,900 133.934 {10,750> {15,4121 Croditors and accrual$ As at 31 Dècember 2024 131867 Ro8trl¢tod Re8ovv•$ The charity has one r8slrl¢ted reserve. Ihe Placemenl A88islanc8 Schème (PASI. The purpose ol thè furKI is to financially assist students by aw8rding grants lo assist wllh the cost of taking-up industry placernents. Placéments which are seen as an imporlant factor in securin9 initial gmploymenl in joumallsm. 12
BROADCAST JOURNAUSM TRAINING COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 {¢ontlnu•d) 13 RELATED PARTY DISCLOSURES Ther8 ware no relaled party transactions for th8 yèar. 14 FINANCIAL INSTRUMENTS Flnanci81 assets measurèd at amortised costs amounted to £1,825 <2023.. £3.468). Financial Iiabllitles at amortised co8t5 amounted to £10,750 (2023 - £8,250). 16 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES Unrnstrlctsd Ro$trlcted Total Fund Fund 2023 INCOME AND ENDOWMENTS Charitablè actlvlllas Inve8trnènt income 168,923 1,996 168.923 1,996 TOTAL INCOME 170 919 170919 EXPENDITURE Charltable actlviti•$ 177.188 30,150 207,338 TOTAL EXPENDITURE 177,188 TOTAL INCOMEIIEXPENDITUREI TRANSFERS BETWEEN FUNDS 16,289) <15,000) (30,1SDI 15,000 {36,4191 NET MOVEMENT IN FUNDS <21,269) (15,150) 136,4191 Fund balanceg brought lonvard 94,825 46,480 141,305 Fund balaneo8 ¢aNled forward 13
BROADCAST JOURNALISM TRAINING COUNCIL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Fees and subscriplions Investment incom Other- Interest from HMRC 183.787 2.376 168,923 1.996 Total Incomlng r•sour¢o8 186228 170 919 EXPENDITURE Staff co8ts Salari88 National Insurance Penslon conlributlon$ 80,325 {9,1701 2,410 78,750 9,612 2,363 DIMet co•ts Travel and subsislence S8crolarial And occredltalion ¥eNlc08 13,098 500 17,870 1,000 M•Trag•m•nt costs Insurance Telephonè Postage and ststlonory Cornpuler costs Admlnl$tr8tbon fees Project costs Computer équipmont Sundry InlergBt pald to HMRC 325 2,326 832 994 39,181 325 1,534 1,698 1,432 52,897 4,500 190 1.342 143 200 173 Flnance co8t8 Bank charge6 134 126 134 126 Governane• eo8ts Prof8s8ional fe88 Independent ex8min&rfs fees 834 2,715 2.715 Derek Dowsett Award Placement grants 1,000 23,000 30,150 Placem8nts exponses 180 Plac•m•nl A88lstance S¢hemo 24,180 30,150 Total r•souree• oxpended 159.247 207,338 N?¢ surpluslldeflclt) 26,981 This page does not fom) part of the flnancial slalements 14