SPIRIT OF PLYMOUTH (RADIO) LIMITED
Accounts for the period 1 January 2024 to 31 December 2024

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
COMPANY REGISTRATION NUMBER: 05933899
CHARITY REGISTRATION NUMBER: 1117215
DIRECTORS I TRUSTEES
C Cole
Mrs J Barlow
T Mockford {appointed 18.12.24)
D Palmer (appointed 18.12.241
SECRETARY
S Simpson
ACCOUNTANTS I INDEPENDENT EXAMINERS
Tony Jopson & Co Limited
Peverell Corner
246 Peverell Park Road
Plymouth
PL3 4QG
REGISTERED OFFICE
28 Old Park Road
Peverell
Plymouth
PL3 4PY

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
The trustees of Spirit of Plymouth (Radiol Limited { SOP") who also act as directors of SOP for
the purposes of the Companies Act 2006, present their annual report and the financial statements
for the year ended 31 December 2024. 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 stated in its statutes, (Memorandums and Articles of Association) SOP is established to..
advance
the
Christian
faith
England
and
Wales;
to advance such other charitable purposes, particularly the relief of poverty and
sicknes5 and the advancement of education, as the trustees shall from time to time
determine.
The primary way SOP meets its charitable object is in the running of Cross Rhythms Plymouth
community radio station.
As can be seen from the overview and developments of the company during the past year, SOP
fulfils its objectives as outlined in its purpose and mission statements and its Article5 of
Association.
ACTIVITIES IN THE YEAR AND FUTURE DEVELOPMENTS
The activities undertaken are to further the charity's purposes for the Public Benefit.
The trustees confirm that they have given due consideration to the Charity Commission's
published guidance
on
the
Public Benefit
under
the Charities Act 2011.
The charity continues to operate Cross Rhythms Plymouth community radio station, licenced by
Ofcom, broadcasting contemporary Christian music programming 24 hours a day, on FM. on local
DAB
and
via
internel
streaming.
The radio station exists to further the charitable objects of Spirit of Plymouth Radio Limited to
advance the Christian faith.
In the Autumn of 2024 Cross Rhythms Plymouth broadcasting on local DAB commenced
alongside our other broadcasting formats.
The student from South West Youth Ministries (SWYM} continued his placement with us
throughout 2024. He continues to work with the station on his placement on the basis of 16 hours
per week. His primary role has been to continue to produce our video, online and social media
content.
Business Improvement Specialist has continued to work with the radio station on an outsourced
basis for 16 hours (2 days) per week fulfilling the fundraising role. Primarily he has raised funds
through
grant
funding.
This role is to continue being fulfilled by Business I mprovement Specialist into 2025.
Through the work of the radio station's manager and the fundraiser support from Business
Improvement Specialist the charity continued to pursue a secure and sustainable income base,

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
through grant funding, fundraising efforts and advertising income to ensure it has the funds
required to fulfil its 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.
The charity continued to run the Lifelines Christian testimony publication in 2024, running it as a
full page Space in the Plymouth Chronicle newspaper every other month from Autumn 2024 to
reach the 92,000 home coverage of the paper rather than run it as a standalone publication.
The Lifelines testimony featured in print is also recorded as a radio interview on Cross Rhythms
Plymouth and the interview is recorded on video and posted to the Cross Rhythms Plymouth
YouTube channel. All aspects are promoted through the printed testimony meaning it is an
increasingly collaborative work be￿een Cross Rhythms Plymouth and Lifelines.
The charity received additional ring fenced funding in 2024 to continue its promotional content in
the Plymouth Chronicle which is supplied at a partial pro bono rate. The Plymouth Chronicle had
to charge more for this space than in prior years so the charity sought ring fenced funding from
an external charitable trust to cover this cost.
The station manager will be developing the slation outputs (radio programming) and sustainability
of the work in the Coming year.
RESERVES POLICY
The company would like to maintain its reserves at sufficient to cover 3 months, operating costs.
However, current fund levels do not allow this to be maintained.
RISK MANAGEMENT
The directors actively review the major risks that the organisation faces on a regular basis. They
have examined the operational and business risk faced by the organisation and confirm that they
have established systems to mitigate significant risks.
STATEMENT OF DIRECTORS, RESPONSIBILITIES
Law applicable to companies in England and Wales requires the Directors to prepare financial
statements for each financial year that give a true and fair view of the state of the financial activities
of the company and of its financial position at the end of that year.
In preparing those financial statements, the Directors are required to..
select suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,

Spirit of Plymouth (Radio) Limited
TRUSTEES, ANNUAL REPORT
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the company will continue in operation.
The Directors are responsible for keeping proper a¢counting records which disclose with
reasonable accuracy at any time the financial position of the company and which enable them 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 for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
REPORTING ACCOUNTANTS I INDEPENDENT EXAMINERS
A resolution to re-appoint Tony Jopson & Co Limited as reporting accountants l independent
Examiners las appropriatel will be put to the Annual General Meeting.
This report has been prepared in accordance with the provisions applicable to companies entitled
to the small companies exemption.
By order of the Board
Director l Trustee
Name.. {BLOCK CAPITALS)....L .l.(.£. Yb./l,46--
Date..

Spirit of Plymouth (Radio) Limited
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024,
WHICH ARE SET OUT ON PAGES 6 TO 10 BELOW.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. They consider that an
audit is not required for this year (under Section 144{1) of the Charities Act 2011 (the 2011 Act))
and that an independent examination is needed. It is my responsibility to..
examine the accounts (under section 145{1)lal of the Act.,
to follow the procedures laid down in the General Directions given by the Charity
Commissioners (under section 14515)Ibl of the Act, and
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
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. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from the 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 accounts.
Independent Examlner's Statement
In connection with my examination, no matter has come to my att8ntion'.
11)
which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with section 130 of the 2011 Act,, and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 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 account5 to be reached.
A P Jopson, FCA
Date
(Fellow of the Institute of Chartered AcGountants in England & Wales)
Tony Jopson & Co Ltd, Peverell Corner, 246 Peverell Park Road. Plymouth, PL3 4QG

Spirit of Plymouth (Radio) Limited
STATEMENT OF FINANCIAL ACTIVITIES
Incorporating Income & expenditure account for the year ended to 31 December
2024
2023
INCOMING RESOURCES
Gifts- Individuals
Gifts - Businesses
Gifts - Churches
Gifts - fundraisers
Gift Aid Recoverable
Restricted funds from AITS
Gifts for radio via AITS
Grants
Radio Advertising Sales
Lifelines sponsorship
Miscellaneous
income
11,427
720
11.230
3,129
3,436
30,000
893
41,256
1,390
6,000
6,977
1,243
1,530
600
2,292
14,081
33,685
915
800
34
77
TOTAL INCOMING
RESOURCES
109,515
62,201
RESOURCES EXPENDED
Lifelines spend
Mktg & sponsorship of Christian content
Design services & website
Materials purchased
Rent
Wages
SVWM worker expenses
Admin & management
Rates & premises expenses
Waste disposal
Insurance
Utilities
Licences
Telephone & internet
Printing & stationery
Travel & subsistence
Equipment I materials consumables
Repairs & Maintenance
Support services CR Stoke
Legal fees
Gifts
Commission on grants
Fundraising costs
Subscriptions
Conferences & events
Depreciation
6.000
30,114
64
2.206
6,667
9,824
8,736
10,147
50
1,035
6.843
8,431
1,159
1,000
45
44
190
125
2.131
8,640
1,230
74
96
2,435
5,314
1,505
6,324
1,434
1,000
642
6,753
34
41
5,g25
13
2,338
9,348
325
64
2,642
1,443
9,091
300
332
3,855
TOTAL RESOURCES EXPENDED
99,051
66,614
NET MOVEMENT IN
FUNDS
10.463
(4,4131

Spirit of Plymouth (Radio) Limited
BALANCE BROUGHT FORWARD
7,024
11,437
BALANCE CARRIED FORWARD AS AT
31 DECEMBER
17,487
7,024

Spirit of Plymouth (Radio) Limited
BALANCE SHEET
Note
2024
2023
FIXED ASSETS
Tangible fixed assets
5,284
7,709
CURRENT ASSETS
Bank Account
Debtors
15,737
1,934
5,013
1,385
17,671
6,398
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR.
(5,4681
17.0841
NET CURRENT ASSETS I (LIABILITIES)
12,203
(6851
NET ASSETS I ILIABILITIES)
17,487
7,024
FUNDS ACCOUNT (all unrestricted)
Balance at start of period
7,024
11,437
Net Surplus (Deficit)
10,463
{4,413)
NET FUNDS
17,487
7,024
The directors are satisfied that the company is entitled to exemption from the provisions of the
Companies Act 2006 (the Act) relating to the audit of the financial statements for the period by virtue
of section 477, and that no member or members have requested an audil pursuant to section 476 of
the Act.
The directors acknowledge their responsibilities for..
(ilensuring that the company keeps proper accounting records which comply with the Act, and
lii)preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of the financial period and of its prof1t or loss for the financial period in accordance with
the requirements of the Act relating to financial statements, so far as applicable to the company.
These accounts have been prepared in accordance with the financial provisions applicable to
companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the Board of Directors on
q/i/is
and signed on its behalf.
Name of director signing (block capitals).

Spirit of Plymouth (Radio) Limited
NOTES TO THE ACCOUNTS
As at 31 December 2024
ACCOUNTING POLICIES
Basis of preparation of accounts
The accounts have been prepared in accordance with the Statement of Recommended Practice
'Accounting and Reporting by Charities, preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on
16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102)
Incoming resources
Income is included on an accruals basis, except when the donors specify that they must be used
in future accounting periods or donors conditions have not been fulfilled, then the income is
deferred.
Resources expended
Resources expended are included in the Statement of Financial Activities on an accruals basis,
inclusive of any VAT, which cannot be recovered.
Taxation
Based on its status as a company limited by guarantee and a charity, "SOP" is effectively exempt
from Cofporation tax.
Fixed assets and depreciation
Depreciation is normally provided on all tangible fixed assets at rates calculated to write off the
cost of tangible fixed assets over their useful lives. In this year it was decided to apply depreciation
at the rate of 33.3 % on recent additions only as the base equipment still has a sig nificant resale
value.
TANGIBLE FIXED ASSETS
Equipn7ent &
Furniture
Total
Cost at 1 January 2024
Additions
Disposals
29,431
217
29,431
217
At 31 December
2024
29,648
29,648
Accumulated depreciation at 1 January 2024
Charge for year
21,722
2,642
21,722
2,642
At 31 December 2024
24,292
24,292
Net Book Values
At 31 December 2024
5,139
5,139
At 31 December 2023
7,709
7,709

Spirit of Plymouth (Radio) Limited
NOTES TO THE ACCOUNTS
As at 31 December 2024
DEBTORS
2024
2023
Sundry debtor
VAT
Gift aid
553
178
1,202
782
603
1,934
1,385
CREDITORS: Amounts falling due within one year
2024
2023
Trade creditors
Deferred income (grant5 received in advance)
Loan from supporter
468
379
1,705
5,000
5,000
5,468
7,084
TRANSACTIONS WITH DIRECTORS AND RELATED PARTIES
Dave Simpson {son in law of one of the trustees Chris Cole) continues to be employed part time
by the company. Remuneration was paid to Dave Simpson in the year totalling £9,824.
There were no other related party transactions.
CONTROLLING INTERESTS
The company is limited by guarantee and each member's liability is limited to £1. The members,
interests are as follows..
2024
2023
Mr C Cole
Mrs J Barlow
Mr T Mockford
Mr D Palmer
10