## **Trustees’ Annual Report for the period:** ## **From 1[st ] April 2024 Period start date To 31[st ] March 2025 Period end date** ## **Charity name: Voice of HOPE RADIO also known as HOPE FM** ## **Charity registration number: 1106103** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|A charity based in Bournemouth which runs
‘Hope FM’, a Community Radio Station with a
Christian ethos, enabling and empowering
social gain in the community.
We continue to produce content for
marginalized groups in the BCP
(Bournemouth, Christchurch and Poole)
community.
We provide free radio training and volunteer
opportunities to all groups across BCP.
We provide work placements for school,
college/sixth form, and university students.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Programming, Projects, and Training**
We have continued to ensure our projects
and radio output caters for as many groups
across BCP as possible. Specific examples
include:
-
We continue to offer free radio training to
residents in the BCP area (and beyond).
Offering new skills and volunteering
opportunities.
-
Our ‘VI Friendly’ Project, which engages
with those with Visual Impairments,
continues. We are currently looking for
specific funding in 2026 to enable us to go
further with this, bringing in specific VI
training for our sighted volunteers, and
improvements to our premises to ensure
better accessibility and usability.| |-|Our partnership with local charitable| |---|---| ||organization, Dorset YFC, saw us launch| ||a new Youth focused project named| ||‘Resound Radio’ – bringing in 10+ school| ||age young people to participate in radio| ||programs and training during this| ||reporting year.| ||We also continue to offer valuable work| ||experience and placements to school| ||children, and university students.| |-|We continue to work with other local| ||organisations, public bodies, and charities| ||to ensure we are producing worth while| ||programming for older people in the| ||community – focusing on loneliness and| ||access to help.| |-|Our ‘Digital Radio’ projects saw us| ||working with other local Community Radio| ||Stations to secure the future of| ||Community Radio in BCP (Bournemouth,| ||Christchurch and Poole) through| ||OFCOM’s roll out of Small-Scale DAB| ||(SSDAB).| ||||| |---|---|---|---| ||Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Trustees received copies of statements of
recommended practices
(FRS 102) to be aware of guidance issued
by the Charity Commission on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|Hope FM, in its activities of broadcasting and
social media, relies on volunteers in the
main.
Working as both office and production
assistants, and on-air presenters. Alongside
Hope FM staff, established volunteers also
help to support training to students and
perspective volunteers, sharing their vital
experience and knowledge.| |Other||| |||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|1) Our free radio training program has seen
us train 15+ people in our community in
radio skills. 8 of these people remained as
volunteers. Among those are young adults
with learning impairments.
2) Over the course of this reporting period
we provided the following number of work
and training placements for educational
establishments.
_School (School Years 9 – Sixth Form):_5
_University (Both Undergraduate and_
_Masters Degree students):_5
Our bespoke placement and work
experience schemes continue to offer
valuable employability skills training.
3) Our partnerships and programming
initiatives (as highlighted in Objectives
and Activities) continue to provide
organisations, marginalised/minority
groups, with a platform to both share their
stories and learn new skills.
Below are testimonies and examples from
organisations, volunteers, and individuals
Hope FM worked with during this reporting
period, reflecting the impact we have had:
_“As Treasurer of Water Lily Project, I am_
_aware of the much-valued support given to_
_us by the Hope FM team in providing_
_regular features of our work and special_
_events. This has helped raise awareness of_
_our services to women in times of crisis_
_which has made a world of difference to_
_them. Over 180 women were helped in the_
_past year. We are also grateful that funders_
_and donors are made aware of Water Lily_
_Project without which our work could not be_
_sustained. Knowing that our profile is being_
_raised across BCP and further afield has_
_given us confidence and enabled us to_
_grow and reach more women.”_- Jan
Crawford, Water Lily Project.| _"I love coming to Hope FM and helping. I enjoy learning about Radio and feeling part of a team. I've met so many people since joining Hope FM and have learnt a lot!" –_ Volunteer with learning impairments. _“As a gay man of mature years, I’ve often found it hard to find acceptance and the confidence to be who I am. I feel valued and respected here. I can be myself. This has restored my faith in people, my self-esteem and mended my overall mental health. Working alongside my new colleagues is a joy and I sincerely hope that the station will be able to support others in similar situations for many years to come.”_ – Volunteer. 4) Through partnerships with other local organisations and public bodies (BCP Council, Christchurch Community Fund, The Community Action Network, Rotary) we have continued producing programming for, and working with, older people in our community – with an emphasis on tacking loneliness. Our work with lone living people over the age of 80 has bought us national news coverage (see link below): https://www.thesun.co.uk/news/28890524/r on-hands-oldest-dj-britain/ 5) We continued to focus on mental health and wellbeing through sport. _The Hope FM Sports Review_ was nominated for ‘Sports Show of The Year’ at the 2024 Community Radio Awards - a national award recognizing achievement in radio. _“Very powerful and moving testimony on the impact of mental health issues. Showed a different side to sport and the growing mental health challenges facing all in football.”_ – Martin Steers, Chair of the CMAs. (continued…) 6) Our ‘Digital Radio’ projects (as outlined above) were a success, with OFCOM awarding our joint venture with other local Community Radio Stations the license broadcast on DAB for the very first time in 2 areas of our community; ‘Poole, Wimborne and Purbeck’ and ‘Bournemouth and Boscombe’: https://radiotoday.co.uk/2024/10/ofcomstarts-awarding-small-scale-dabmultiplexes-in-round-6/ https://radiotoday.co.uk/2025/03/new-dabradio-multiplex-launches-in-dorsetcovering-poole-purbeck-and-wimborne/ |**Additional information (optional)**
Youmay choose toincludefurtherstatements|**Additional information (optional)**
Youmay choose toincludefurtherstatements|whererelevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|Our objectives to support social gain in the
BCP conurbation via radio are itemised as
achievements above.| |||| |Performance of fundraising
activities against objectives set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of theperiod|Para 1.21|Included in this report| |Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|The charity continues to work towards
setting up a reserve bank account.| |Amount of reserves held|Para 1.22|0| |Reasons for holding zero
reserves|Para 1.22|We continue to have to think of new projects
and fundraising initiatives to mitigate against
the fall in advertising. During this reporting
period we were still off the levels of
Advertising/Sponsorship revenue seen pre-
covid-19. This reduced income led to an
increased reliance on our reserves.| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity continues to work towards firm
financial settings.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Hope FM’s funding comes from several
sources:
Advertising, sponsorship, gifts/donations and
grants.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |||| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed,royalcharter)|Para 1.25|Articles of Association.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Company incorporated as private limited by
guarantee.| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by quorum of Trustees.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charityname|Voice of Hope Radio| |---|---| |Other name the charityuses|HopeFM Radio| |Registered charitynumber|1106103| |Charity’s principal address|Emberton House
Yeomans Way
Bournemouth
BH8 0BP| ||| **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Ken Pimenta|Chair Trustee|Resigned 1/2/2025|| ||Ian Robertson|Trustee|Resigned 1/2/2025|| ||Tim Heywood|Trustee|Resigned 1/2/2025|| ||Gordon Thorn|Chair Trustee|Appointed 22/1/2025|| ||Ryan Boydon|Trustee|Appointed 22/1/2025|| ||Samuel Mead|Trustee|Appointed 22/1/2025|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**
**adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---| |**Founder**|Blair Crawford|Freda Rd, Christchurch, Bournemouth| |Station
Manager|Daniel Withey|26 Stourcliffe Av, Bournemouth, BH6 3PT| |||| |||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Mr. Ryan Boydon **Position (eg Secretary,** Trustee **Chair, etc) Date** 29/01/2026 Voice OF Hope Radio Charlty No. 04331219 Company No. i)4331219 Trust•es' Rèport and Unaudit•d Accounts 31 March 2025 Voice OF Hope Radio Contents Pages Trustees. Annual Report Audit Report Unqualified Independent Examinerfs Report Statement of Financial Activities 2103 4106 Summary Income and Expenditure Account Balance Sheet 10 Statement of Cash Flows 11 Notes to the Accounts 12to18 Detailed Statement of Financial Activilies 19to20 Page 1 Voice OF Hope Radio Trustees Annual Report Hope FM The trustees. who 8re also direckns ofthe tharity forthe pufjx)ses ofthe CoMpan￿S A(A 2006. present their repxjrt Vrfith the unaudited financial statements of the chanty for the year ended 31 March 2025. REFERENCE AND ADMINISTRATNE DETAILS Company No. 04331219 Charity No. 04331219 Principal Office Emberton House Yarrow Way Bournemouth t)orsel BH8 OBP Registered Office Emberton House Yeomans Way Bournemouth BH8 OBP Dlroclors and Trusts•s The Directors of the charitable company are its Trustees for the purposes of charity law. The foll¢)wng Directors and Trustees duriThJ ts year. D. Barron Resigned 01.02.25 R.R. Baffon Resigned 01.02.25 T. Heywood Resigned 01.02.25 K. Pimenla Resigned 01.02.25 l. Robertson Resvjned 01.02.25 G. Thom S. Mead R.Boydon Accountants Pope Accountancy Serwices Ltd 13 Douglas Road Southbourne Bournemouth Dorsel BH6 3ER The Trustees are responsible for keeping proper accounting records that disdose with re8son8ble 8ccuracy at any lime the financial posrtion of the chanty and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hen￿ taking reasonable steps for the prevenb.on and detection of fraud and other irwularities. Page 2 Voice OF Hope Radio Trustees Annual Report The above report has been prepared in accordance with the provisions applicable to companies subject lo the small r￿mpanieS regime as set￿1 in Part 15 ofthe CompaniesAct20C6 and in a(r£)rdance with the Charities SORP IFRS 1021. Signed on behalf of the board G. Thom Trustee 31 March 2025 Page 3 Voice OF Hope Radio Audit Report Unqualified Independent Auditor's Report to the Mernbers of Voice OF Hope Radio Opinion We have audited the a(xx)unts ofVOi￿ OF Hope Radio {1he'd￿rIt￿b1e (X)mpan￿1 forthe yearended 31 March 2025 which comprise the Statement of Financaal Actiwties. the Summary Income and Expenditure Account, the Balance Sheet, the Sialemenl of Cash Fbws and ihe Notes to the Accounts, induding a summary of significant accounbng poliues. The financial reporbng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, induding FRS 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Praclice)- In our opinion the aco)unts'. give a true and fair view of the stsle of the tharitable companvs affairs as at 31 March 2025 and of its profiuloss for the yearthen ended.. have been property prepared in aC￿rdance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in aCC4Jfdar￿e wlh the requirements of the Companies Act 2006. Basls lor oplnlon We ¢onducled our audit in accordance with lnlemali￿8I Stsndards on Auditing IUKI IISAS IUKI and applicable law. Our resrx)nsibilities under those stsndards are further de￿￿bed in the Audilorfs responsibilities for the audit of the accounts secb.on of wr report. We are independent of the charitable company in accordance with the ethical requiremenls that are relevant lo our audit of the aC￿unts in the UK, including the FRC'S Ethical Standard, and the provisions available for small enlilies, in the arcurnstances sel out below. and we have fu￿ille(l our other ethical responsibilities in accordance Mth these requirements. We believe that the audit evidence we have obtaineAI is suffKient and appropriate lo provide a basis for our opinion. Conclusions relating to going ¢on¢orn In auditing the acc4)unls, we have concluded that the tnjslees, use of the going CA)ncem basis of accounting in the preparation of the accounts is appropriate. 8ased on the work we have perfomied. we have not identJfied any material uncertaintles relating lo events or wndf(Ksns that. indimdually or ¢))ll￿tively, may cast significant dcwjbt on the charivs ability to continue as a going concem for a pericxl of at least Iwefve monlhs frcxn vhwi the ac(y)unts are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concem are describ8d in th8 relevant sections of this report. Other inforniation The other infom)alion (x)mprises the infomkn induded in the thjstees, repcmt and accounts, other than the accounts and our audilorfs report there￿. The trustees are responsible for the other infoThalion. Our opinion on the accounts not cx)verthe other infonnation and, except lo the extent otherwise expliady staled in wr repx)rt, we do r￿1 express any fcKm of assuran￿ condusion thereon. In connection with our audit of the accounts, our res[(￿sIbilIty is lo read Ihe other infomiation and, in doiro so, consider whether the other inf¢Jmiation is malerialty inconsistent wth the accounts or our knowledge obtained in the audit or otherwise appears to be Matena1￿ misstated. If we identy such material inconsistenaes orapparent material misstatements. we are required lo detemiine whether there is a material misstatement in the accounts or a material misstatemenl of the olher informab'on. If, based on the work we have perf0m1￿1, we wndude thal there is a material mi&8tatement ofthis other infomiation, we are reqUI￿d lo report that fact. Page 4 Voice OF Hope Radio Audit Report Unqualified We have nothing to rep)rt in Ihis regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based upon the work undertsken in the Ix)urse of the audit". . the infom)ation given in the Trustees. Report. whith includes the Directors, Report prepared forthe purposes of company law for the financial year for which the accounts are prepared is consislenl with the accounts., and . the Directors, Report included wthin the Trustees, Rekx)rt has been prepared in 8￿rdance with applicable legal requirements. Matters on whlch we are required to report by exceptlon In the light of the k￿￿edge and understandiro of the charitable c£mpany and its environment obtained in the course ofthe audrt, we have not identsfied material misstatements in the Directors, Report induded within the Trustees, Report. We have nothing to report in r8SFeca ofthe fdhMr¥J matter5 in relation to which the Companies Act 2006 requires us lo report to you if. in our opinion: adequate and proper accounting records have not been kept, or relums adequate lor our audit have not been re￿iVed from branches not visited by us.. . the accounts are not in agreement wilh Ihe accounting records and retums.. certain disdosures of Trustees, remunerab'on specified by law ar8 not mad8', we have not received all Ihe infomialion and ex￿anationS we require for Our audit., . the trustees were not entitled to prepare the accounts in accordance wrth the small companies regime and lake advantage of the small companies exemption in preparing the Directors, Report and lake advantage of the small companies exeMpl￿n from the requirement lo prepare a Strategic Report. Responslbilities of trustees As explained more lully in Ihe Truslees, R8spXJns￿.1rtI8s Statement fwnd in the Trustses, Report, tr Iruslees (who are also the director5 of the charita￿e 0￿panY for the purFW of company lawl ar& responsible for the preparation ol the accounts and for beiNJ satisfied that they give a true and fair view, and for such intemal contrd as the tTuslees determine is necEssary to enabl8 the preparation of accounts that are free from matenal misstatement. whether due to fraud or error. In preparing the accounts. the tru*ees a￿ reS￿l￿￿e forassessing the dpritable cx)mpanYs abilty lo continue as a going concern, disdosing, as applicable. matters related lo going concern and using the going (xjncem basis of acc￿ntir0 unless ts bustees inteNJ to liquMJate the charitable ￿)rnpany or to wse operations, or have no realistic altemalive bul lo do so. Audltorfs responslbllltles for the audlt of the accounts Our objectives are to obtsin reasonakAe assuran￿ aimxrtwhether the a(xDunts as a whole are free from material misslalemenl, whether due lo fraud or error. and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will aNvays delect a material misslatemenl when it exists. Misslaternenls can arise from fraud or emr and are {￿sidered material rf. indmdually or in the aggregate, they (xxjld ￿2$OnablY be expected to Inffluen￿ the ecThYxnic de(i￿On$ of users taken the basis ofthese aw)unts. The extent lo which our pr￿edureS are capable of detecting irregularilies. induding fraud is detsiled bek)w'. A further descripts.on of our responsibilities for the audit of the accounts is I￿ated on the Financial Reporting Council's website at ww.frc.org.uklaudit0rsresp￿Slb1I￿es. This description foms part of our auditorfs report. Page 5 Voice OF Hope Radio Audit Report UnqUalif￿d Use of this report This report is made solely to the companys members. as a txxly, in aCCA)rdan￿ wth Chapter 3 of Part 16 of the Companies Act 2CX16. Our audr( woth has I￿n urKlert2ken ￿ that we MKJM state to the ￿)mpan¥S members matters we are required to state to them in an auditors. reFort and ts no other purF#)se. To the fullest extent pemiitted by law. we do not accept or assume reswnsibility tr) anyone other than the charitable company and the charilvs members as a toyy. for our audit Wc￿k, for this report, orfor the opinions we have fomied. Carrianne Pop8 FMAAT, Senior Statutory Auditor For and on behalf of Pope Accountancy Services Ltd. Accounlants an(i Ststutory Audrtors 13 Douglas Road Southbourne Bournemouth Dorsel BH6 3ER 31 March 2025 Pope Accountancy Services Ltd is eligible for appointment as auditor of the charity by virtue of ils eligibility for apsyinlmenl as auditor of a chanty uThJer se(￿on 1212 of Ihe compan￿ Act 2C()6. Page 6 Voice OF Hope Radio Independent Examiners Report Independent Examiner's Report to the trustees of Voice OF Hope Radio I report to the charity trustees on my examination of the finana81 statements of Voice OF Hope Radio for the yearended 31 March 2025. Responsibilities and ba515 of r8port As the charity's trustees of the company land also its directors for the purposes of company lawl you are respKinsible for the preparab'on ofthe financial statements in a(rOrdan￿ wilh the requirements ofthe Companies Act 2006 {'Ihe 2006 Act. Having satisfied myself that the finarK?al statements of the Chanty are Tr)t required lo be audited under Part 16 ofthe 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 ACVI. In carrying out my examination I have followed the Direth"ons given by the Charity Commission under section 145151 Ibl of the 2011 Act. Indfjpendgnt examinorfs 5taternent I have completed my examination. I can ￿nfi￿n that no material matters have cJ)me lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in accordance with section 386 of the 2006 Act ,' ty the financial st8lemenls do not accord with those records.. or • the fjnanaal statements T￿31 CCffi￿ wlh the accountir¥J rewirements under sectIc￿ 396 ofthe 2CM)6 Act other than any requirement that the financial statements give a ￿￿e and fairf view which is not a matter considered as part of an independent examination., or the financial slalements have not teen prepared in accordance wlh the methc*Js and principles of the Slalemenl of Recommended Practi￿ ft¥ acc(KJnting ar)d ￿KX￿￿'n9 by tharibes applicable lo charits'es preparing their accounts in accordance wlh the Financial Rep￿.ng Stsndard applicable in the UK and Republic of I￿land (FRS 102). I have no concerns and have come across no other mattets in connection with the examination lo which attention should be drawn in this repjrt in (￿der to enable a proper understsnding of the financial slalemenls lo be reached. Carrianne Pope FMAAT AAT Pope Accountsncy Services Ltd 13 Douglas Road Southbourne BoLJrnemoulh t)orsel BH6 3ER 31 March 2025 Page 7 Voice OF Hope Radio Statement of Financial Activities for the year ended 31 March 2025 Unrestricted fvnd5 Totsl funds Total funds 2025 2025 2024 Notes Income and endowments from: Donations and legacies Oiher trading aCtiv￿.eS 60,848 5,615 60,848 5,615 19,229 9,990 Total 66.463 66,463 29.219 Expendlture on.. Raising funds Other 282 54.291 54.573 282 54.291 54.573 4,492 38,890 43.382 Total Nel gains on inveslm8nts Net Incomoll•xp•ndltur•l Transfers between funds 11.8 11,890 {14,1631 Net incomellexpenditurel boforo olhor galn$lllo$$o81 11,89) 11,890 {14,1631 Other galns and lossès Net mov•ment In funds 11,8 11,890 {14,1631 Reconclllatlon of fund$: Total funds brought foNRrd 12.262 12,262 26,425 Total funds carrled forward 24.152 24.152 12.262 Page 8 Voice OF Hope Radio Summary Income and Expenditure Account for the year ended 31 March 2025 2025 2024 Income 66.463 29,219 Gro$$ In¢ome for the year Expenditure 66,463 29,219 54.573 43,382 Total expendlturè lor th¢ year Net incomellexpenditurel before tax for the year 54.573 43,382 11.890 114,1631 Nèt In¢om• I18xp•ndltur• Ifor th8 yèar 11,890 114,1631 Page 9 Voice OF Hope Radio Balance Sheet at 31 March 2025 Company No. 04331219 Notes 2025 2024 Fixed assets Tangible assets 5.458 9,056 9,056 Current assets Debtors Cash at bank and in haTh 10 3.648 16,366 20,014 {8,6881 11,326 1.843 6,706 8,549 15,3431 3,206 12,262 12,262 Creditors: Amount falling due within one year Net Current a$$ets 11 Total a$s•t$ l•$$ ¢urr•nt Ilabllltl 16.784 16,784 Nèt assèts èxcluding pension assot or liability Total net assets 16,784 12,262 The funds of th• ¢harfty Restrlcted funds Unrestrlctèd funds General funds 12 12 16,784 12,262 12.262 16.784 Total funds 16,784 12,262 These accounts have been prepared in accordance wth th8 special prowsions of Part 15 of th8 Companies Act 2006 relating lo small c£smpanies. For the year ended 31 March 2025 the company was enliued lo exemption under section 477 of th8 Companies Act 2006 relating to small C￿￿panies. The members have not required the company to obtain an audit in accordance wlh section 476 of the Companies Act 2006. The directors acknowledge their ￿$pr￿sibilItieS for Com￿Y1ng with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 31 March 2025 And signed on its behalf by.. K. Pimenta Trustee 31 March 2025 Page 10 Voice OF Hope Radio Stslement of Cash flows for the year ended 31 March 2025 2024 Cash flows from operating activities Ngt incomellexpenditurel per Ststgmgnt of Flnanclal Activities 11,890 (14,1631 Adjustments for: Depreaats'on of property, plant and equipment Increase in trade and other r￿1Va￿eS IDecreaselllncrease in irade and other payables 3,598 {1.805) (4.023) 13,5971 12441 5,199 Net cash provided byllused in) operating activilies (12,8051 Net cash from investing activities Net cash from financlng actlvltle$ Net Increaselld•cr•asel In cash and cash equivalents (12,8051 Cash and cash equlvalenls at the beginning of the year 6.7C6 19,511 Cash and cash gqulvalents at the end of the year 16,366 6,706 Compon•nts ol ¢a$h and ¢a$h equlvalents Cash and bank balances 16,366 6,706 16,366 6,706 Page 11 Voice OF Hope Radio Notes lo the Aecounls for the year ended 31 March 2025 1 Accounting policies Basis of preparation The financial slalements have been prepared in acix)rd8nce Accounting and Repottng by Charities.. Stslemenl of Recommended Practice applicable lo chanb.es preparing their accounts in accordance with the Financial Repo￿ng St8nd8rd applicable in the UK and Republi¢ of Ireland IFRS 1021 (effective 1 January 20151 (Charities SORP IFRS 10211. the Finanual Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 201A. Change In basls of aceountlng or to prevlous accounts There has been no change lo the aCcc￿nting policies Ivalualion njles and methTrJ of accounting) since last year and rn chaNJes have tr*en to acoJrts PEViCXL% years. Fund accounting Unrestricted funds These are available for use al the discretion of the Iruslees in furtherance of the general objects of the charity. Designated funds These a￿ Un￿sIn¢ted lunds eam)arked by the Iruslees for particular purposes. Revaluation funds These are unrestricled fvnds which indu¢Je a reValuat￿n ￿SerVe represents'ng the restslement of investrnenl a￿ts at their madtel values. These are available for use subject lo restrictions imFosed by the donor or through terms of an appeal. Reslricled funds Income Recognition of income Income is induded in the Stalement ol Financial Aclivilies ISOFAI when the charity becomes entrtled to, arKI wrtually (*rtain to r￿1Ve. the inc¥)me and the amount of the income can be measured with sufficient reliability. Inc￿Me wlh rdated Where income has related expendiiure the iruime and related expenditure is exp8ndilur8 reported gross in the SOFA. Donab'ons and legacies Voluntary income received by way of grants, donations and gifts is included in the the SOFA Nthen receivable and only vknen the Chanty has un(x)nditional entitlement lo Ihe income. Tax reclaims on Income from tax reclaims is induded in the SOFA al the same time as the donations and glfts giftldonation to which il relales. Donated setvices These are only included in income Iwlh an equivalent amount in expenditure) and facilities where the benefit lo the Charity is reasonably quants'fiable, measurable and material. Volunteer help The value of any volunteer help received is not induded in the accounts. Investment income This is included in the xcounts then recewable. Gainsl{lossesl on This indudes any gain or loss ￿suIts.ng from revaluing investments lo market value revaluation of fixed at the end of the year. assets Gainsl{lossesl on This indude5 any gain or loss on the sale of investments. investment assets Page 12 Voice OF Hope Radio Notes to the Accounts Expenditurg Recognition of expendrture Expendrture is Tecconised on an accruals basis. Ex￿ndItUre indudes any VAT which f2nnot be fully recovered. and is rewrted as part of the expenditure tr) which it relates. Expenditure on These comprise the costs assrriated with attracting vdunt8ry incx)me, fundraising raising funds trading costs and investment management o)sts. Expenditure on These compnse the costs inujrred by the Charity in the delivery of ils activities and charilaue athtties services in the furtheran￿ of its ot4ects, induding the making of grants and governance costs. AJI grant expenditure is ac(thnted an actual paid basis ￿u$ an accwal for grants that have teen approved by the tnjstees atthe end of the year bul not yel paid. Governance costs These include those costs asswaled with meeting the conslilutional and slalulory requirements ofthe Chaiity. induding any audi￿1ndependent examinatson fees. costs linked to the strategic management ofthe Charity, tc¥Jetherwith a share of other administration costs. Olherexpenditure These are support costs not allocated lo a particular actiwty. Grants payable Taxatlon The charity is exempt from corF()ralion tax on its charitable ac*wties. Tanglblè flxed assèts and deprn¢latlon Depreciation is provided al the fc41wrKJ annual rates ￿ orderto write off ea¢* asset over ts estim*ed useful lifé.. Fixtures & Fittings 25%% Reducing Balanc8 Freehold Investment property Investment properties are measured initially al cost and 5ubwuenlly at fair value al èach balance shèet dale and are not depreaated. Al gains or losses are taken to the Stsiement of Finanaal Activities as they arise. Stocks Stock is included al the lower of cost or nel realisable value. Donaled items of stock are recognised al fair value which is the amount the charity would have been wlling to pay for the items on the open market. Trade and other debtors Trade and other debtors are recy)JnwJ at1he an￿nt due afterany trade discx)unt ¢)ffer8J. P￿paYments a￿ v81ued * the £M￿nt prepaKI net of any trade disc￿nts due. Cash and cash equNalents Cash and cash equivalents comprise cash al bank and C￿ hand. demand deposiis with banks and other short-terrn h￿hlY IKiuid investrnents original maturibes of three months or less arKI bank overdrafts. In the slalement of finanaal p￿ts￿. bank overdrafts are shown within tx)mwngs or cutTenl liabilities. In the Staterrwt of Cash Fkiws. (zsh arKI ￿ wuNal￿ts are sh(Nm nel of bank overdrafts that arp repayable on demand and form an integral part ofthe (x)mpanrfs (zsh management. Page 13 Voice OF Hope Radio Notes to the Accounts Trade and other creditors Short term creditors are measured al the transaction price. Oiher (Yedilors and provisions are reeKJgnised where the charity has a present obligation resulling from a past event that wll probably result in the transfer of funds to a third party and the amount due lo settle the obligat￿n can be measured or eskn'mated reliably. Creditors and provisions ore normally re￿)gnis￿l attheir settlement amount after allowing for any trade discounts due. Re$ear¢h and development Expenditure on research and deveh)wnent is ￿ttten off in the year in which it is incurred. Foreign currencies Monetsry assets and liabilrties denominated in {￿rren(￿eS otherthan the fvn¢Xional currency of the charity are translated al the rates of exchange p￿Valling at the end of the reporting period. TranSact￿nS in ¢yJThenaes other than the functional currency of Ihe charity are recLJrd&J at the rate of exchange on the date that the Iransaclion occurred. All exchange differences are are tsken into account in arriving al nel incomelexpendllu￿. Lea88d assets Where the charity enters into a lease which entails taking substanb'ally all the risks and rewards of ownetship ofan asset, the ￿8$e is treated as a ffinartt ￿aSe. Leases which do not transfer subsianlially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initsalty recognis&J as assets of the charity attheir fair value al the inception ofthe lease or. if lower. at the present value of the minimum lease payments. The cc{reSp￿￿Ing liat¥lity lo the k8ssor is induded in the balarKe sheet dale as a financE lease obligat*Jn. Lease payments are apportioned belween finance expenses and reduction of the lease obligation Sci as to ad)ieve a constant rate of interest (M) the ￿MainIng balance of the liability. Finance expenses are reccgnised imm&Jialely, unless they are directly attribUlab￿ to qUalI￿ng assets, in which case they are capitalised in accordance with the charitls policy on l)orrovring c£)sts. Assets h8ld under finance leases are depreualed in the same way as owned assets. Operating lease payments a￿ recognised as an expense on a stra￿ht-1Ine basis over the lease lemi. In the event that lease incentives are received to enter into operab'r¥J leases, such incentives are recognised as a liability. The aggregate tr*nefft of In￿ntiveS is reo)Jnised as a reduction of rentsl expense on a slraighl-line basis. Pension costs The charity operates a defined contribution plan for ils employees. A defined contribution plan is a penson plan under which the company pays fixed cnnln'butions into a separate enb'ty. Once the C￿tributionS have ￿en paid the c￿1p8nY has no further payments obligations. The ￿)ntrIbutionS a rernJnised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets ofthe rAan are held separatety frC￿ the oNnpany in independen￿Y administer&J fiJnds. Receipt of donated goods, facilities and ser¥ices All donated g(KyJs, facilities and ServI￿S received are recojnised within incoming resources and expenditure at an estimate ofthe value to the charity. Page 14 Voice OF Hope Radio Notes to the Accounts 2 Company status The company is a private company limited by guarantee and ￿nsequen￿Y does not have share capital. 3 Statement of Financial Activities prior year Unre$trl¢t¢d funds Totsl fund$ 2024 2024 Income and endowments from: Donations and legacies Other trading activities Total 19,229 9,9 29,219 19,229 9,990 29.219 Expenditure on.. Raising funds Other 4,492 38,890 43,382 4,492 38.8go Total 43,382 Net income 114,1631 114,1631 N•t In¢omo boforo Other galnslllossèsl Other galns and losses: Net mov•m•nt in funds 114,163) 114,1631 114,1631 114,1631 Reconclllatlon of funds: Total funds brought fO￿a Total funds ¢arri•d ft*rward 26,425 12,262 26,425 12,262 4 Income from donations and l•ga¢i08 Unro$tri¢tsd Total 2025 Total 2024 60,848 60,848 60,848 60,848 19,229 19,229 5 Income from other tradlng actlvltles Unrestrlcted Total Total 2025 2024 5,615 5,615 5,615 5,615 9,990 9,990 Page 15 Voice OF Hope Radio Notes to the Accounts 6 Expendilure on raising fvnd$ Unrgstricted Total Total 2024 2025 Costs of generating voluntary income 282 282 740 3,752 4,492 282 282 7 Other expenditure UnTr$trlcted Total 2025 Total 2024 Employee costs Motor and travel costs Premises costs 25,309 18 2,165 16.034 10,765 54.291 25,309 18 2,165 16,034 10,765 54,291 23,787 206 2,601 7,317 4,979 38.8go General 8dminislralive costs L8gal and professional cnsts 8 Staff ¢osts 2025 22.308 1.823 1.178 25,309 2024 21,272 1,673 Salaries and wages Social security costs Pension Costs 23,787 No employee received emoluments in excess of £60.0W. 9 Tangible fixed assets Flxlures & Fittlngs Totsl Cost or rgvalualion Al 1 Apnl 2024 Al 31 March 2025 Dfjprecialion and impairnient Al 1 April 2024 Depreciation charge for the year Al 31 March 2025 16,305 16,305 16,305 16,305 7,249 7,249 3,598 3,598 10,847 10,847 Net book values Al 31 March 2025 Al 31 March 2024 5.458 9.056 5,458 9,056 Page 16 Voice OF Hope Radio Notes to the Accounts 10 Debtors 2025 2024 Trade debtors 3.648 3,648 1,843 1,843 11 Creditors: amounts falling due wthin one ye 2025 2024 Trade creditors Other taxes and soaal seujrity Other creditors Accruals 1,767 6.420 501 159 4,662 521 8.688 5,343 12 Movement in funds Incomlng resource$ (including other At1 Aprll gainslloss•S 2024 R•sour¢e$ èxpended At31 March 2025 Rfrstrictfrd funds: Unrestrlcted funds: General funds 12.262 66.463 154,573) 24,152 Total fund8 12.262 66,463 154,5731 24,152 13 Analysis of nel assets between funds Unr•$tri¢t6d funds Total Fixed assets Net Ixrrent assets 5.458 11,326 16,784 5,458 11,326 16,784 Page 17 Voice OF Hope Radio Notes to the Accounts 14 Reconciliation of net debt At31 March 2025 At 1 April 2024 Cashflows Cash and ¢xsh equlva￿nts 6,706 6.706 9,660 9,660 16,366 16,366 Net debt 6,706 9,660 16,366 15 Commitments Operallng lease ¢ommltrnents Annual commitments under nor)