CHARITY REGISTRATION NUMBER: 1076696
The Friends of WCR Unaudited Financial Statements 30 April 2025
DIANA MILLER FCA, ROBINSON MILLER
Chartered accountants First Floor, 36 High Street Warminster Wiltshire BA12 9AF
The Friends of WCR
Financial Statements
Year ended 30 April 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 |
The Friends of WCR
Trustees' Annual Report
Year ended 30 April 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 30 April 2025.
Reference and administrative details
Registered charity name The Friends of WCR Charity registration number 1076696 Principal office Warminster Civic Centre Sambourne Road Warminster Wiltshire
The trustees
Accountant
Mrs H Parks Mrs V Robertson Mrs K Mole Mr S Ryder Mr B Mole Mr A Robinson Mr D Cox Diana Miller FCA, Robinson Miller Chartered accountants First Floor, 36 High Street Warminster Wiltshire BA12 9AF
Structure, governance and management
The Friends of WCR Charitable Trust was established on 20 April 1999. The Charity was registered as a Charitable Trust No. 1076696 on 15 July 1999.
The current Trustees are listed on page 1.
The Trust Deed provides for a minimum of three trustees.
The Trustees received no remuneration or other benefits during the year.
1
The Friends of WCR
Trustees' Annual Report (continued)
Year ended 30 April 2025
Objectives and activities
The objectives of the Charity are to support the Charitable Activities of WCR Community Radio as well as other Charitable purposes in the West Wilts and East Somerset areas. To achieve this aim, the Trustees were empowered to seek donations and raise funds.
Objectives of the Charity:
-
To promote the provision of a community radio station as a recreational facility for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances; in particular but not exclusively for the inhabitants of Warminster and the surrounding area, or for the public at large, including members of the public attending charitable and not for profit community festivals elsewhere within the UK, in the interest of of social welfare and with the object of improving the conditions of life of the said inhabitants.
-
To advance education, in particular but not exclusively in vocational educational training in audio and general broadcasting skills.
-
Any other charitable purpose agreed by special resolution under the articles of the organisation, and notified to, and accepted by the Charities Commission as charitable.
Public Benefit
The Trustees confirm they have referred to the guidance contained in the Charities Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in the planning of future activities. In supporting WCR Community Radio the charity assists in providing radio services which assist the community in keeping advised of all significant information and events within a five mile radius of Warminster and providing a voice for local organisations reaching out to the local community.
There have been no changes to the charitable objectives this year. The charity remains committed to providing a high quality community radio service to the population of Warminster and surrounds who are underserved by other radio services. The centralisation of BBC Local Radio during this period has only spurred the Trustees on to provide what they see as an essential service. The Trustees are aided in this objective by more than 60 volunteers who support them to operate the radio station on a day to to day basis.
Achievements and performance
The Charity has continued to administer its funds in a manner consistent with its stated objectives. The Charity's unrestricted funds stood at £26,350 at 30 April 2024 (£28,324 at 30 April 2023) and restricted funds were £34,678 (2023: £40,970).
The charity has continued to ensure the necessary funds for the operational activities of WCR are available, whilst also providing training positions to ensure local people can be educated in the skills required to be a radio presenter.
2
The Friends of WCR
Trustees' Annual Report (continued)
Year ended 30 April 2025
Financial review
Reserves Policy
The financial reserves which have been set aside provide financial stability and the means for the developments of the charity's objectives.
The Trustees regularly review the amount of funds that the charity requires to ensure they are adequate to fulfill the charity's continuing obligations and always ensure they have sufficient funds for foreseeable running costs.
The Trustees are always mindful that income streams must be secured for the future. Whilst initiatives such as membership, the 100 Club, providing commercial services to third parties, and ad hoc fundraising activities provide a steady flow of funds, grants from Wiltshire Council and the ongoing 5 year service level agreement with Warminster Town Council provide the majority of funds required to achieve the funding objectives.
Risk Management
The Trustees continue to carefully manage risk. Advised by their experienced Treasurer, the Trustees have produced a budget and manage finances to ensure they have suitable reserves to call upon in the event of unexpected developments.
Plans for future periods
The charity is focusing on resilience in the coming periods, both in terms of their own organisational resilience and supporting community resilience. It has been noticeable that Friends of WCR has a role to play at times of civic emergencies for example during flooding and other severe weather. The charity infrastructure, such as uninterruptable power supplies, can be enhanced to feed into this and their fundraising efforts will be focused around this project.
Trustees' responsibilities statement
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.
3
The Friends of WCR
Trustees' Annual Report (continued)
Year ended 30 April 2025
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the applicable Charities SORP;
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' annual report was approved on 25 February 2026 and signed on behalf of the board of trustees by:
Mr B Mole Trustee
Mr A Robinson Trustee
4
The Friends of WCR
Independent Examiner's Report to the Trustees of The Friends of WCR
Year ended 30 April 2025
I report to the trustees on my examination of the financial statements of The Friends of WCR ('the charity') for the year ended 30 April 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Diana Miller Independent Examiner
First Floor, 36 High Street Warminster Wiltshire BA12 9AF
5
The Friends of WCR
Statement of Financial Activities
Year ended 30 April 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 14,490 | 28,858 | 43,348 | 15,308 |
| Charitable activities | 5 | 4,983 | – | 4,983 | 3,022 |
| Other trading activities | 6 | – | – | – | 1,869 |
| Investment income | 7 | 329 | – | 329 | 291 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 19,802 | 28,858 | 48,660 | 20,490 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 8,9 | 18,606 | 8,688 | 27,294 | 28,711 |
| Other expenditure | 10 | – | – | – | 45 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 18,606 | 8,688 | 27,294 | 28,756 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net income/(expenditure) and net | |||||
| movement in funds | 1,196 | 20,170 | 21,366 | (8,266) | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 26,350 | 34,678 | 61,028 | 69,294 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 27,546 | 54,848 | 82,394 | 61,028 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 15 form part of these financial statements.
6
The Friends of WCR
Statement of Financial Position
30 April 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 15 | 65,297 | 38,592 |
| Current assets | |||
| Stocks | 16 | 20 | 20 |
| Debtors | 17 | 3,220 | 3,316 |
| Cash at bank and in hand | 14,036 | 19,971 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 17,276 | 23,307 | ||
| Creditors: amounts falling due within one year | 18 | 179 | 871 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net current assets | 17,097 | 22,436 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total assets less current liabilities | 82,394 | 61,028 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net assets | 82,394 | 61,028 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Funds of the charity | |||
| Restricted funds | 54,848 | 34,678 | |
| Unrestricted funds | 27,546 | 26,350 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total charity funds | 19 | 82,394 ৶৶৶৶৶৶৶৶ |
61,028 ৶৶৶৶৶৶৶৶ |
These financial statements were approved by the board of trustees and authorised for issue on 25 February 2026, and are signed on behalf of the board by:
Mr B Mole Trustee
Mr A Robinson Trustee
The notes on pages 8 to 15 form part of these financial statements.
7
The Friends of WCR
Notes to the Financial Statements
Year ended 30 April 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is First Floor, 36 High Street, Warminster, Wiltshire, BA12 9AF.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
There were no significant matters requiring judgement or estimation uncertainty.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
8
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
9
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Leasehold Premises | - | 4% straight line |
|---|---|---|
| Motor vehicles | - | 25% reducing balance |
| Equipment | - | 15% reducing balance |
| Studio Refurbishment | - | 20% straight line |
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Fund Raising and Allied Services | 21 | – | 21 |
| Other Donations | 100 | – | 100 |
10
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Grants | |||||
| Wiltshire Council Grants | – | 28,858 | 28,858 | ||
| Subscriptions | |||||
| Membership, including Gift Aid | 1,669 | – | 1,669 | ||
| Other donations and legacies | |||||
| WCR Community Radio donations | 12,700 | – | 12,700 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 14,490 | 28,858 | 43,348 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Donations | |||||
| Fund Raising and Allied Services | 247 | – | 247 | ||
| Other Donations | 380 | – | 380 | ||
| Grants | |||||
| Wiltshire Council Grants | 2,280 | – | 2,280 | ||
| Subscriptions | |||||
| Membership, including Gift Aid | 1,901 | – | 1,901 | ||
| Other donations and legacies | |||||
| WCR Community Radio donations | 10,500 | – | 10,500 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 15,308 | – | 15,308 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| 5. | Charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| 100 Club Income | 937 | 937 | 527 | 527 | |
| Other income including PA services | 4,046 | 4,046 | 2,495 | 2,495 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 4,983 | 4,983 | 3,022 | 3,022 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 6. | Other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Fundraising events | – ৶৶৶৶ |
– ৶৶৶৶ |
1,869 ৶৶৶৶৶৶৶ |
1,869 ৶৶৶৶৶৶৶ |
11
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
7. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Interest Received | 329 | 329 | 291 | 291 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 8. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Management and Administrative Expenditure | 18,606 | 8,688 | 27,294 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Management and Administrative Expenditure | 22,419 | 6,292 | 28,711 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| 9. | Expenditure on charitable activities by activity type | ||||
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly | 2025 | 2024 | |||
| £ | £ | £ | |||
| Management and Administrative Expenditure | 27,294 | 27,294 | 28,711 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| 10. | Other expenditure | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Miscellaneous | – | – | 45 | 45 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 11. | Net income/(expenditure) | ||||
| Net income/(expenditure) is stated after charging/(crediting): | |||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 11,604 ৶৶৶৶৶৶৶৶ |
8,547 ৶৶৶৶৶৶৶ |
12. Independent examination fees
No charge has been made for the Independent Examination of the charity accounts in respect of the year ended 30th April 2023 ( 30th April 2022 : £Nil).
13. Staff costs
The average head count of employees during the year was Nil (2024: Nil).
12
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
13. Staff costs (continued)
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
14. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
15. Tangible fixed assets
| Short | |||||
|---|---|---|---|---|---|
| leasehold | Motor | ||||
| property | vehicles | Equipment | Studio refit | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| At 1 May 2024 | 50,050 | 10,258 | 71,773 | 64,681 | 196,762 |
| Additions | – | – | 7,745 | 30,564 | 38,309 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| At 30 April 2025 | 50,050 | 10,258 | 79,518 | 95,245 | 235,071 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Depreciation | |||||
| At 1 May 2024 | 26,026 | 9,231 | 58,233 | 64,680 | 158,170 |
| Charge for the year | 2,002 | 256 | 3,232 | 6,114 | 11,604 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| At 30 April 2025 | 28,028 | 9,487 | 61,465 | 70,794 | 169,774 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Carrying amount | |||||
| At 30 April 2025 | 22,022 | 771 | 18,053 | 24,451 | 65,297 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| At 30 April 2024 | 24,024 ৶৶৶৶৶৶৶৶ |
1,027 ৶৶৶৶৶৶৶৶ |
13,540 ৶৶৶৶৶৶৶৶ |
1 ৶৶৶৶৶৶৶৶ |
38,592 ৶৶৶৶৶৶৶৶৶ |
16. Stocks
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Stock | 20 | 20 |
| ৶৶৶৶ | ৶৶৶৶ | |
| Debtors | ||
| 2025 | 2024 | |
| £ | £ | |
| Amounts owed by undertakings in which the charity has a | ||
| participating interest | 2,300 | 2,300 |
| Prepayments and accrued income | 920 | 1,016 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 3,220 | 3,316 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
17. Debtors
13
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
18. Creditors: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | 91 | 49 |
| Accruals and deferred income | 88 | 822 |
| ৄৄৄৄ | ৄৄৄৄ | |
| 179 | 871 | |
| ৶৶৶৶ | ৶৶৶৶ |
19. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 May 2024 | Income | Expenditure | 30 April 2025 | ||
| £ | £ | £ | £ | ||
| General funds | 26,350 | 19,802 | (18,606) | 27,546 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| At | At | ||||
| 1 May 2023 | Income | Expenditure | 30 April 2024 | ||
| £ | £ | £ | £ | ||
| General funds | 28,324 | 20,490 | (22,464) | 26,350 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Restricted funds | |||||
| At | At | ||||
| 1 May 2024 | Income | Expenditure | 30 April 2025 | ||
| £ | £ | £ | £ | ||
| Studio Equipment and Refurbishment | 830 | 28,858 | (8,688) | 21,000 | |
| Leasehold Premises | 24,024 | – | – | 24,024 | |
| Motor Vehicle | 901 | – | – | 901 | |
| Other | 4,081 | – | – | 4,081 | |
| Computer Fund | 4,842 | – | – | 4,842 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 34,678 | 28,858 | (8,688) | 54,848 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| At | At | ||||
| 1 May 2023 | Income | Expenditure | 30 April 2024 | ||
| £ | £ | £ | £ | ||
| Studio Equipment and Refurbishment | 4,202 | – | (3,371) | 831 | |
| Leasehold Premises | 26,026 | – | (2,002) | 24,024 | |
| Motor Vehicle | 1,142 | – | (241) | 901 | |
| Other | 4,081 | – | – | 4,081 | |
| Computer Fund | 5,519 | – | (678) | 4,841 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 40,970 | – | (6,292) | 34,678 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
14
The Friends of WCR
Notes to the Financial Statements (continued)
Year ended 30 April 2025
20. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Tangible fixed assets | 15,609 | 49,688 | 65,297 |
| Current assets | 12,115 | 5,161 | 17,276 |
| Creditors less than 1 year | (179) | – | (179) |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net assets | 27,545 | 54,849 | 82,394 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 9,075 | 29,517 | 38,592 |
| Current assets | 18,146 | 5,161 | 23,307 |
| Creditors less than 1 year | (871) | – | (871) |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net assets | 26,350 | 34,678 | 61,028 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
15