SPIRIT OF PLYMOUTH (RADIO) LIMITED
Accounts for the period 1 January 2023 to 31 December 2023

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
COMPANY REGISTRATION NUMBER: 05933899
CHARITY REGISTRATION NUMBER: 1117215
DIRECTORS I TRUSTEES
C Cole
Mrs J Barlow
SECRETARY
S Simpson
ACCOUNTANTS I INDEPENDENT EXAMINERS
Tony Jopson & Co Limited
Peverell Corner
246 Peverell Park Road
Plyrnoulh
PL3 4QG
REGISTERED OFFICE
28 Old Park Road
Peverell
Plymouth
PL3 4PY

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
The Iruslees of Spirit of Plymouth IRadiol Limited I'SOP") who also act as directors of SOP for
the purposes of the Companies Act 2006. present thèir annual report and the financial
slalemenls for the year ended 31 December 2023. The company was incorporated on 13
September 2006 as a company limited by guarantee and was registered with the Charity
Commission as a registered charity number 1117215.
OBJECTIVES OF SOP. PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK
As staled in ils slalules, Imemoiandums and Articles of Associalionl SOP is established lo..
l. a(Jvance
the
Christian
faith
England
and
Wales..
11. lo advance such other charitable purposes, particularly the relief of povety and sickness
and the advancement of ecsucalion, as the Iruslees shall from lime lo litne
determine.
The piimary way SOP meet5 ils charitable object is in the running ol Cross Rhythms Plymouth
community radio station.
As can be seen from the overview and developments of the company during the past year. SOP
fulfils ils objertives as outlined in its purpose and mission statements and Ils Articles of
Association.
Activities in the year and future developrnents
The activities undertaken are to further the charity's purposes lor the Public Benefit The
trustees confirm that they have given due consideration lo the Charity Commission'5 published
guidance on the Put)lic Benefit under the Charilies Act 2011
The charity continues lo operate Cross Rhythms Plymouth community radio station, licenced by
Ofcom, br02dcasling contemporary Christian music programmin9 24 hours a day. on and via
inlernel streaming.
The radio station exists lo further the charitable objects of Spirit of Plymouth Radio Limited to
advance the Christian faith.
In 2023 the radio slalion received a local C-DSP licence from Ofcom lo start broadcasling on
DAB. This will commence from 2024.
In 2023 the 'Sound and Vision, project, lo develop the social media oulpul of the radio station
and produce increased video conlenl, continued.
In the Summer of 2023, the slab'on manager and trustees identified SWlThn (South West Youth
Mini51riesl as a potential organisation lo work with in relation lo having some of their slLJdenls
work at the radio station as part of their pl?cemenUs.
In Autumn of 2023 the rad10 slalion hacl taken on the first of these students and he undertook
work primarily in relation lo the video and social media content related lo the 'Sound and Vision,

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
project He continues lo work with Ihe slalion on his placement on the basis of 16 hours per
week.
Business Improvement Specialist has continued to work with the radio slalion on an outsourced
basis for 16 hours12 days) per week fulfilling the fundraising role Primarily he has raised funds
through grant funding.
This role Is lo continue being fulfillèd by Business Improvement Specialist into 2024.
Through the work of the radio station's manager and the fundraiser support from Business
Improvement Specialisl Ihe charity continued lo pursue a secure and sustainable income base,
through grant funding, fundraising efforts and advertising income lo ensure it has the funds
required lo fulfil 115 aims and objectives.
The core volunteer team continue in their roles for the charity The station manager and
fundraiser will be building income in the coming year.
In 2023. in addition lo Cross Rhythms Plymouth radio slalion. the charity undertook the running
of Lifeline5 Christian leslimony publication. This is a newspaper which is produced with the
purpose ol sharing the Christian faith through leslimonial conlenl In 2023 one edition was
launched around Easter and il was printed and distributed via Royal Mail to 55.000 homes in
Easl Cornwall.
The station manager will be developing the station outputs Irad10 programming), including
delivering on the Sound and Vision project, in the coming year.
Reserves Policy
The company would like lo maintain ils reserve5 al suff1cient to cover 3 months. operating costs.
However, current fund levels do not allow thi5 to be maintained.
RISK MANAGEMENT
The directors actively review the major risks that the organisalion faces on a regular basis They
have examined the operational and business risk faced by the organisation and confirm that
they have established systems lo mitigate significant risk5.
STATEMENT OF DIRECTORS, RESPONSIBILITIES
Law applicable to companies in England and Wales requires the Directors lo prepare financial
slalemen15 for each financial year that give a true and fair view of the slate ol the financial
activities of the company and ol ils financial position al the end of thal year.
In preparing those financial stalemenls. the Directors are required lo..
select suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and prudent.,

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
slate whether applicable accounting standards havè been followed, subject to any
material departures disclosed and explained in the financial stalemenls.,
prepare the financial slalements on the going concern basis unless It is inappropriate lo
presume that the company will continue in operation.
The Directors. are responsible for keeping proper accounting records which disclose with
reasonable accuracy al any lime the financial position of the company and which enable Ihern lo
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the company and hence lor taking reasonable steps
for the prevention and detection ol fraud and other Irregularities.
REPORTING ACCOUNTANTS I INDEPENDENT EXAMINERS
A resolution lo re-appoint Tony Jopson & Co Limited as reporting accountants l independent
Examiners12s appropriatel will be put lo the Annual General Meeting.
This report has been prepared in accordance with the provisions applicable lo companies
enlilled lo the small ¢ompanie5 exemption.
By order of the Board
Director l Trustee
Dale..
17/1 /iw

Spirit of Plymouth (Radio) Limited
INDEPENDENT EXAMINER'S REPORT FQR THE YEAR ENDED 31 DECEMBER 2023,
WHICH ARE SET OUT ON PAGES 5 TO 8 BELOW.
Respective responsibilities of trustees and examiner
The Gharily'5 Iru51ee5 are responsible for the preparation of the accounts They consider that an
audit is not required for thi5 year lunder Section 144111 ol the Charities Act 2011 Ilhe 2011 Aclll
and that an independent examination is needed. 1115 my responsibility lo..
examine the awounls (under section 14511 Ila) of the Act",
lo follow the procedures laid down in the General Directions given by the Charity
Commissioners (under section 14515llbl of the Act". and
lo stale whether particular matters have come lo my allenlion.
Basis of Independent Examiner's Staternent
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
and a comparison of the accounts presented with these records. 11 also includes consideration
of any unusual items or disclosures in the accounts. and seeking explanations from the Iruslees
concerning any such mallers 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
accounts
Independent Examiner's Statement
In connection with my examination, no maller has come lo my attention.
which gives me reasonable cause lo believe that in any fnalerial respect the
requirements..
lo keep accounting records in accordance with section 13D of the 2011 Act., and
lo prepare accoull15 which accord with the 3ccounling records and comply with the
accounting requirements of the 2011 Act
have not been mel., or
121
lo which, in my opinion, allenlion should be drawn in order to enable a proper
understanding of the accounts to be reached.
A P Jopson. FCA
Dale
(Fellow of the Institute of Chartered Accounlanls in England & Wales)
Tony Jopson & Co Ltd, Peverell Corner, 246 Peverell Paik Road, Plymouth, PL3 4QG

Spirit of Plymouth (Radio) Limited
STATEMENT OF FINANCIAL ACTIVMES
Incorporating Incom• & expendltur• account for th• y•ar •ndtd to 3108c8mb•r
2023
2022
INCOMING RESOURCES
Gifts- Individuals
Gifts- Businesses
Gifts~ Chui¢he8
Gifts. fundraisers
Gift Aid Recov8rable
Grfts for radio via AITS
Grants
Radio Advertising Sales
Lifelines advertisin9
Mi80ellaneous income
6,977
1.243
1,530
600
2,292
14,081
33,685
915
800
77
9,339
870
6,520
5,482
2,084
1,571
11,490
1.464
TOTAL INCOMING RESOURCES
62,201
38.820
RESOURCES EXPENDED
Markeling I Sponsorship of Christ'an Conlenl
Design services
Matorials purchasèd
RgrTrl
Wages
Swfm worktsr expenses
Admin & management
Rates & premlses exp8n8es
Insurance
Uti1th8S
Licences
Teiaphone & intemèt
Prtnting & stationery
Travel & subsistence
Equipment I materials consumobles
Rèpairs & Maintenance
Support SèNi¢es CR Stoke
Legal fees
Gifts
Commission on grants
Fundraising costs
SubseTlPtions
Conferences & events
Depreciation
10,147
50
1,035
6,843
8,431
1,159
1.(X)O
45
96
2,435
5,314
1,504
6,324
1.434
130
175
206
5,g75
8,402
337
253
1,424
5,007
1,405
211
92
404
24
5,294
13
700
1,195
4,835
41
S,925
13
1.443
9,091
300
332
3,855
1,570
1,426
TOTAL RESOURCES EXPENDED
66,614
39,078
NET MOVEMENT IN FUNDS
14,4131
12581
BALANCE BROUGHT FORWARD
11,437
11,69S
BALANCE CARRIED FORWARD AS AT
31 DECEMBER
7.024
11,437

Spirit of Plymouth (Radio) Limited
BALANCE SHEET
Note
2023
2Q22
FIXED ASSETS
Tangible fixed assets
7.709
8,878
CURRENT ASSETS
Bank Account
Debtors
5,013
1.385
13.616
1,493
6,398
15.109
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR.
17,0841
112,5621
NET CURRENT ASSETS I ILIABILITIES
16851
2.547
NET ASSETS I ILIABILITIES}
7.024
11.437
FUNDS ACCOUNT
(all unrestricted)
Balance al start of period
11,437
11,695
Nel Surplus IDeficill
14,4131
12581
NET FUNDS
7,024
11,437
The director5 are satisfied that the company is enlilled to exemption from the provision5 of the
Companie5 Act 2006 Ilhe Acll relating lo the audit of the financial statements for the period by virtue
of section 477, and that no member or members have requested an audit pursuant to section 476 of
the Act.
The directors acknowledge their responsibilities for..
lilensuring that the company keeps proper accounting records which comply with the Act, and
liilpieparing financial statements which give a true and fair view of the slate of affairs of the company
a5 al the end of the Iinancial period and of its profil or10s5 for the financial period in accordance with
the requirements of the Act relating lo financial statements, so far as applicable to the company.
These accounts h2ve been prepared in accordance with the financial provisions applicable to
companies subje¢l lo the small companies regime and in accordance with FRS102 SORP
Approved by the Board of Directors on
,/I/xF
and signed on its behalf.

Spirit of Plymouth (Radio) Limited
NOTES TO THE ACCQUNTS
As at 31 December 2023
ACCOUNTING POLICIES
Basis of preparation of accounts
The accounts have been prepared in accordance with the Slalemenl of Recommended Practice
'Accounling and Reporting by Charities, preparing their accounts in accordance with the
Financial Reporting S12ndard applicable In the UK and Republic ol Ireland IFRS 1021 issued on
16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland IFRS 1021
Incoming resources
Income is included on an accruals basis, except when th¢ donois specify that they musl be used
in ftjture accounting periods or donors conditions have not been fulfilled. then the income Is
deferred
Resources expended
Resources expended are included in the Slalemenl of Financial Activities on an accruals basis.
inclusive of any VAT, which cannot be recovered.
Taxation
Based on ils slalus as a comp3ny limited by guarantee and a charily, SOP" is effectively
exempl from corporalion tax.
Fixed assets and depreciation
Depreciation is normally provided on all tangible fixed assets at iales calculated to write off the
eosl ol tangible fixed assets over their useful lives. In this year il was decided lo apply
depreciation at the rate of 33.3°/o on recent add11ions only as the base equipment Still has a
significant resale value.
TANGIBLE FIXED ASSETS
Radio
Equipment
Total
Cost al 1 January 2023
Additions
Disposals
26,745
2,686
26,745
2,686
Al 31 December 2023
29,431
26,745
Accumulalod depreciation at 1 January 2023
Charge lor year
17,867
3,855
17.867
3.855
At 31 December 2023
21,722
21,722
Net Book Value5
Al 31 December 2023
7,709
7,709
At 31 December 2022
8,878
8,878

Spirit of Plymouth (Radio) Limited
NOTES TO THE ACCOUNTS
As at 31 December 2023
DEBTORS
2023
2022
Trade debtors
VAT
Gift aid
227
865
401
782
603
1,385
1,493
CREDITORS: Amounts falling due wlthln one year
2023
2022
Trade creditors
Deferred income (grants received in advance)
Loan from supporter
5,(100 5,000
379
1,705
2,102
5,460
7,084
12.562
TRANSACTIONS WITH DIRECTORS AND RELATED PARTIES
Chrts Cole received £5892.54 in rent payments from the company for the use of the radio studio
and adjoining room l office space. The value is lower than market rate so as lo assist the
organisation and the agreement is rolling so as to provide a reliable Spa￿ in which th8 company
can operate without risk of eviction.
This figure is rent at £475 pcm x 12 and £192.54 as an agreed payment towards property
insuran(E.
Dave Simpson Ison in law of one of the trustees Chris Cole) continues to be employed part lime
by the ¢ompany. Remuneration was paid to Dave Simpson in the year lolalling £8.431.
There were no other related party Iransaclions.
CONTROLLING INTERESTS
The company is limited by guar2nte& and each member's liability is limited to £1. The members.
interests are as follows..
2023
2022
Mr C Cole
Mrs J Barfow