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← Wirral Christian Media Limited

2024-03-31-accounts

WIRRAL CHRISTIAN MEDIA LIMITED

Registered Charity number 1116164

TRUSTEES/DIRECTORS REPORT and STATEMENT OF FINANCIAL ACTIVITIES

PERIOD 1[st] APRIL 2023 to 31[st] MARCH 2024

Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

TRUSTEES REPORT FOR THE PERIOD 1[st] APRIL 2023 TO 31[st] MARCH 2024

CHARITY INFORMATION

Contact address

Wirral Christian Media Limited, 122 Mill Lane, Greasby, Wirral CH49 3AR

Registered Office

122 Mill Lane, Greasby, Wirral CH49 3AR

During the period the Trustees were:

N R Polden, A Hollinshead-Jones, D Higham, P McGrath, P T Cooper, V Edwards

During the period the Secretary was:

David Higham

Bankers

HSBC, 99-101 Lord Street, Liverpool L2 6PG

Objects

The objects of the Trust are to advance the Christian Faith by means of promoting and undertaking Christian radio broadcasting in the Wirral and other parts of the United Kingdom.

Principal Acts

During the period, the registered company continued full-time community radio broadcasting as “Flame CCR” on 1521 kHz medium wave and on DAB+, and also web-cast via www.flameradio.org and major internet portals, and linked to Facebook.

Small Company provisions

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the trustees on 26[th] January 2025 and signed on their behalf.

N R Polden ….. Director

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

REVIEW OF THE DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS.

Major events in the year

Review

Flame CCR maintained its office and studios at St Paul’s Road Mission and continued Medium Wave community radio broadcasting covering most of Wirral and some areas beyond. The addition of DAB broadcasting in this year extended the coverage to all of Liverpool.

Significant achievements

Key commitments – programming

Key commitments - social gain

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

(a) the provision of sound broadcasting services to individuals who are otherwise under-served ... the station serves the Christian community on Wirral (and beyond) who welcome a family friendly and Christian voice in the airwaves.

(b) the facilitation of discussion and the expression of opinion ... we broadcast programmes which provide discussion and we encourage free expression of opinion. We include local people’s stories. A controversial Christian view is expressed on mainstream topics.

(c) the provision of education or training to individuals not employed by the person providing the service ... unemployed people are involved. Volunteers are welcome, both long and short term.

(d) the better understanding of the particular community and the strengthening of the links within it ... programmes feature people from local churches, we advertise local church and community events, and we are involved in local inter-church activities and co-ordination meetings.

Key commitments – access and participation

Volunteers from the local community have the opportunity to participate in the operation of the station as presenters, administrators and managers. Some of our regular broadcasters are registered disabled, all ages of people are involved. Our website indicates ways in which volunteers (from the North West) can help us.

Key commitments – accountability to the target community

Management reports are kept of programme output and internet listenership. Our website maintains an up-to-date broadcasting schedule and the state of our broadcasts. We encourage listeners and local church leaders/key church members to give feedback on our programmes. People bumped into make positive comment with no complaints. Our facebook page also details our programmes.

Volunteer inputs ... 22 volunteers, 250 hours/week total (over 20 hours/week each from 3 key volunteers). In the year we have brought 1 new broadcaster to air and 20 guests have been interviewed. Our studio premises are rent-free (St Paul's Road Mission Church) and our MW antenna site (Willaston) is rent-free. Our website is maintained, along with e-mail capability and web hosting by Charterhost at cost, as voluntary support. Our accounts were prepared by Elpizo Chartered Accountants, as a donation to the Charity.

Note that Ofcom requires a statement of the year’s volunteer time calculated on the basis of Ofcom rates, this comes to £152,409 (comprising £105,040 for 5 managers and £47,369 for 18 volunteers). This is not included in the accounts. Volunteers are not paid.

Significant difficulties

Audience research

Financial support ... 84% of our income came as subscriptions and donations from individuals and churches (including gift aid), and some came from grants. Gifts “in kind” ( materials) have been grossed up and included in our income. The studio and antenna site was rent-free (gift in kind of £8,000, not included in the accounts).

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

Our policy is that volunteers are not remunerated (expenses only being paid). Volunteer time (not included in accounts) of £152,409 is calculated on the basis of Ofcom standard rates for volunteer hours (time spent in the studio and also at home).

Stock.

Creditors.

We only have internal debts. These are

Expenditure corresponded to £5 per hour broadcast. We broadcast in a needy area and keep our total expenditure to a minimum.

Plans for the future (2024/2025)

The charity’s future is dependent on our supporters, our team and the existing trustee loan. We believe that the above actions will build the team and, in time, increase our support.

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the annual accounts of the Charity for the year ended 31[st] March 2024

Respective responsibilities of trustees and examiner.

As the charity’s trustees you are responsible for the preparation of accounts; you consider that the audit requirement under of 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity trustees and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. which gives me material cause to believe that in any material respect the requirements ▪ to keep accounting records in accordance with section 41 of the Act; and ▪ to prepare accounts which accord with the accounting requirements of the Act have not been met; or

  2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

The accounts have been drawn up as a going concern, although the charity has net assets it is trading at a loss and is dependent on the continued support of the creditors long term. The major creditors understand that these liabilities are due to premises and transmitter set up and the charity will trade out of this deficit.

  1. Further to review and interpretation of the Financial Statements, I am satisfied that the financial statements are free from any material misstatement and that they represent a true and fair view of the accounts for the previous period and furthermore I am satisfied that any queries which were identified during my review have been fully resolved.

Jeremy Mulvihill MBS, CPA, CIPFA, Dip IFRS Certified Public Accountant & Internal Auditor.

Date 24[th] January 2025

c/o 122 Mill Lane, Greasby, Wirral CH49 3AR

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

Profit and Loss Account for the year ended 31 March 2024


Turnover (Income)
Cost of sales
Gross profit ( Income)
Administrative Expenses
Other operating income
Operating profit / (loss)
Profit (loss) on ordinary activities before taxation
Tax on loss on ordinary activities
Loss / profit for the financial year
Balance Sheet as at 31 March 2024
Notes
Fixed Assets
Intangible assets 3
Tangible assets 4

Current Assets
Cash and Bank and In Hand
Creditors
Amounts falling due in one year 5
Net current liabilities
Total assets less current liabilities
Amounts falling after more than one year 6
r.. Provisions for liabilities
Net current liabilities
Capital and Reserves
Profit and Loss account
Shareholder’s funds














18
(34,414)














18
(34,414)








(59.103)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

N R Polden ….. Director ….. Approved by the board on 28[th] December 2024

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Wirral Christian Media Limited Director’s Report for year ended 31 March 2024

Statement of Changes in Equity, for year ended 31st March 2024

Share Share Revaluation Profit and Total Capital Premium reserve loss account £ £ £ £ £ At 1st April 2022 65,554 (28,606) 36,948 Loss for the financial year (2,846) (2,846) Loss on revaluation of assets - - (65,554) - (65,554) - - Other comprehensive income for the year - (65,554) (65,554) - - Toral comprehensive income for the year (65,554) (2,846) (68,400) At 31st March 2023 - - - (31,452) (31,452) At 1st April 2023 - - - (31,452) (31,452) - - Loss for the financial year - (27,651) (27,651) At 31st March 2024 - - - (59,103) (59,103)

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Wirral Christian Media Limited Notes to the Accounts for the Year ended 31 March 2024

NOTES TO THE ACCOUNTS

1. Accounting policies

Basis of preparation … The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover … Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets … Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets … Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

Creditors … Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation … The company is a charitable organisation and as such is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Provisions … Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2. Employees

Average number of persons employed by the company - (2024) - (2023)

Note that Ofcom requires a statement of the year’s volunteer time calculated on the basis of Ofcom rates, this comes to £152,409 (comprising £105,040 for 5 managers and £47,369 for 18 volunteers). This is not included in the accounts. Volunteers are not paid.

3. Intangible fixed assets (Stock)

Recorded music and produced programmes (in audio form) are prepared by team members and are put into “stock” (valued at 83p/minute) and depreciated as “intangible fixed assets”. Music gifts (as mp3s for example) are also put into “stock” (valued at 48p/track) and depreciated as “intangible fixed assets”. Equipment and sundry items provided as gifts are also put into “assets” and depreciated as “intangible fixed assets”. Thia stock is being written off in equal instalments over its estimated life of 5 years. Stock is assessed yearly and out of date stock removed.

.

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Wirral Christian Media Limited Notes to the Accounts for the Year ended 31 March 2024 Cost £ At 1[st] April 2023 427,004 Stock additions …. Programmes created & gifts - Stock additions …. Music gifts - ---------At 31[st] March 2024 427,004 Amortisation At 1[st] April 2023 364,172 Provided during year 21,245 ---------At 31[st] March 2024 385,417 ---------- Net book value at 31[st] March 2024 41,587 Net book value at 31[st] March 2023 62,832 The stock (media and programme library) is being written off in equal instalments over its estimated life of 5 years.

4. Tangible fixed assets Buildings, media and equipment £ Cost At 1[st] April 2023 55,576 Additions … equipment 4,640 Additions … fittings & fixtures 3,910 Additions … music purchased 220 At 31[st] March 2024 64,346 Depreciation At 1[st] April 2023 45,111 Charge for the year 3,847 At 31[st] March 2024 48,958 ---------- Net book value at 31[st] March 2024 15,388 Net book value at 31[st] March 2023 10,465 5. Creditors : amounts falling due within one year 2024 £ 2023 £ St Paul’s Road Mission (deferred gas & electricity) 34,414 39,815 Note … Wirral Christian Media has started to pay for gas & electricity and St Paul’s Road Mission has agreed to freeze this deferred amount. 6. Creditors : amounts falling due after one year 2024 £ 2023 £ Director loan – Norman Polden, long term radio set up loan 50,593 50,593 Director loan – Norman Polden, short term loan 18,178 14,748 Accounts adjustment 9,987 - - 78,758 65,341 7. Revaluation reserve 2024 2023 £ £ At start of year - - Gain (loss) on revaluation of programmes - - --------- -------At end of year - -

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Wirral Christian Media Limited Notes to the Accounts for the Year ended 31 March 2024

8. Other information

Wirral Christian Media Limited is a private company limited by guarantee and incorporated in England. Its registered office is 122 Mill Lane, Greasby, Wirral CH49 3AR

9. Explanation of accounts

Income … comprises the following items :

Assets gained

• recorded music and produced programmes (in audio form) are prepared by team members and are put into “stock” and depreciated as “intangible fixed assets”. Music gifts (as mp3s for example) are also put into “stock” and depreciated as “intangible fixed assets”. Equipment and sundry items provided as gifts are put into “assets” and depreciated as “tangible fixed assets”.

In kind support

• this comprises rent-free premises and antenna site, services rendered and also volunteer hours (in premises and home-working). Volunteer hours are valued at hourly rates defined by Ofcom.

Expenditure … comprises the following items :

Director loan

Creditor

St Paul’s Road Mission deferred heat and light costs (since 2009) have not increased as Wirral Christian Media has started to pay for gas & electricity in this year. These deferred costs have been frozen.

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Wirral Christian Media Limited Notes to the Accounts for the Year ended 31 March 2024

DETAILED PROFIT AND LOSS ACCOUNT

This schedule does not form part of the statutory accounts

2024 £ 2032 £ Sales (Income) Advertising and Sponsorship 0 0 Subscriptions (monthly and single) (individuals and organisations) 9,593 6,604 Donations 10,67 4 10,258 Broadcast Access Fees 1,550 0 Grants 3,000 500 Gift Aid 3 ,488 4,342 Fundraise, events, merchandise 0 1,021 -------- -------- TOTAL INCOME 28.305 22,725 Cost of sales DAB Liverpool 1,650 Internet webcasting 851 800 Podcasting via website 317 Media in year 470 534 Equipment sundries 556 Equipment hire 2,160 1,990 Software 97 System support 3,295 9,395 3,324 Employees Employees expenses 5,254 3,294 Travel and subsistence (management) 2,627 2,558 7,881 5,852 Premises costs Rent (studio & antenna) 0 0 Premises improvements (fixtures and fittings) 1,632 2,196 Antenna electricity 1,465 810 Studio electricity & gas 3,211 1,000 6,308 4,006 General administrative expenses Telephone and internet 1,711 1,387 Bank charges 77 392 Licences, insurance and subscriptions 5,598 4,252 Repairs and maintenance 0 3,327 Sundries 593 417 7,979 9,775 Depreciation 3,847 3,252 Amortisation of intangibles 21,245 65,554 Legal and professional costs Accountancy fees 1,200 1,020 Marketing 578 152 -------- -------- TOTAL EXPENDITURE 49,038 30,611 --------- ---------

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