2024-03-31-accounts - Crescent Community Radio Ltd

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Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Contents	Page
Basic information	3
Trustees’ annual report	4-8
Independent examiners report	9-10
Income and expenditure accounts	11-12
Notes to the accounts	13-19

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Basic information

Address

1 Devon Street Rochdale Lancashire OL11 1HN

Bank

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity Registration No.

1126088

Company No.

05263352

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] April 2023 To: 31[st] March 2024 Charity name: Crescent Community Radio Ltd

Charity registration number: 1126088 Company number: 05263352

Objectives and activities

Objectives and activities	Objectives and activities
	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	A) To advance the education and training of the inhabitants of Rochdale and the surrounding area in radio production, broadcasting and media skills techniques; B) To advance the education of the public through radio broadcasts on such topics as the trustees deem fit, in particular but not exclusively relating to health and crime prevention; C) To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life, in particular but not exclusively by establishingayouthgroup.
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	The main activities of the charity have been radio broadcasts and providing and assisting in the provision of facilities for social welfare.

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Directors are responsible for preparing the Directors Annual Report and the Financial Statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). In preparing the 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; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102). The directors 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. In accordance with company law, as the company’s directors, we certify that:

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Achievements and performance

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	The charity managed to raise funds which they have used to fund their charitable objects.
Financial review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is showing a surplus on the movement in funds.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	It’s the charity policy to hold £1,000 in reserve to be able to cover an emergency expense or unexpected cost.
Amount of reserves held	Para 1.22	£1,000

Structure, governance and management

Description of charity’s trusts:
Type of governing document: for example,trust deed, memorandum and articles of association etc	Para 1.25	Memorandum and articles of association incorporated on 18th February 2008
How is the charity constituted? for example limited company, unincorporated association, CIO	Para 1.25	The charity is a standard registration, registered on 29th September 2008.
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	1. Every year at the Annual General Meeting, one member of the Committee will retire on rotation and be eligible for re-election. 2. All candidates for election or re-election shall be paid up Members over the age of 16, and proposed and seconded by two other paid-up Members in writing, no less than 14 days before the Annual General Meeting.

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Any candidate proposed should agree in writing that they are prepared to serve as part of the Committee if so elected. They must also meet the qualifying criteria to be a Company Director. Should there be more candidates correctly proposed and seconded or standing for re-election than positions available on the Committee, a vote will be taken by those qualified Members in attendance. In the case of a tie in any vote, the Chairman of the meeting shall hold a casting vote.

Reference and administrative details

Charity name	Crescent Community Radio Ltd
Other name the charity uses	Crescent Radio 97 FM
Registered charity number	1126088
Charity’sprincipal address	1 Devon St Rochdale OL11 1HN

Trustee name

Zia Zaman Dr Inayat Khan Babar Razia Shamim

Corporate trustees – names of the directors at the date the report was approved

Director name Chishti, Mohammed Ijaz Ul Haq Faheem Babar, Inayat Khan, Dr. Shamim MBE, Razia

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Crescent Community Radio Ltd trustees/directors/ members of On accounts for the year 31[st] March 2024 ended Charity no: 1126088 Company no: 05263352

Set out on pages 11-12

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 03 / 2024 . Responsibilities and As the charity’s trustees of the Company (who are also the directors of the basis of report company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5) (b) of the 2011 Act. I have completed my examination. I confirm that no material matters have Independent examiner's come to my attention which gives me cause to believe that: statement • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102).

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Charity Name Crescent CommunityRadioLtd	Charity Name Crescent CommunityRadioLtd	CharityNo	1126088	1126088
		CompanyNo	5263352
Annual accounts for the period
Period start date	1.4.2023	To	Period end date	31.3.2024

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity	Guidance Note	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prior year funds
		£	£	£	£	£
Income (Note 3)		F01	F02	F03	F04	F05
Income and endowments from:
Donations and legacies	S01	10,600	58,349	-	68,949	44,827
Charitable activities	S02	26,220		-	26,220	31,217
Other trading activities	S03	5,580	-	-	5,580	4,389
Investments	S04	-	-	-	-	600
Separate material item of income	S05	-	-	-	-	-
Other	S06	-	-	-	-	-
*Total*	S07	42,400	58,349	-	100,750	81,033
Expenditure (Notes 6)
Expenditure on:
Raising funds	S08	11,546	2,101	-	13,647	10,801
Charitable activities	S09	46,191	35,198	-	81,388	84,219
Separate material expense item	S10	-			-	-
Other	S11	2	-	-	2	81
*Total*	S12	57,739	37,298	-	95,037	95,101

Net income/(expenditure) before tax for the reporting period	S13	15,339 -	21,051	-	5,712	14,068 -
Taxpayable	S14	-	-	-	-	-
Net income/(expenditure) after tax before investment gains/(losses)	S15	15,339 -	21,051	-	5,712	14,068 -
Net gains/(losses) on investments	S16	-	-	-	-	-
Net income/(expenditure)	S17	15,339 -	21,051	-	5,712	14,068 -
Extraordinary items	S18	-	-	-	-
Transfers between funds	S19	-	-	-	-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use	S20	-	-	-	-	-
Other gains/(losses)	S21	-	-	-	-	-
*Net movement in funds*	S22	15,339 -	21,051	-	5,712	14,068 -

*Reconciliation of* *funds:*
Total funds brought forward	S23	17,590	20,154	-	37,744	51,812
*Total funds carried forward*	S24	2,251	41,205	-	43,456	37,744

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with ✓ Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that The charity shows they have made a loss. However, they have support the conclusion that the charity is a funds in their bank account and this shows the charity is a going going concern; conern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

Yes ✓ * -Tick as appropriate No

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes ✓ * -Tick as appropriate No 1.5 Material prior year errors No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes * -Tick as appropriate No ✓

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Note 3	Income
	Analysis of income	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Donations and legacies:	Donations and gifts	1,020	-	-	1,020	113
	Gift Aid		-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	1,000	58,349	-	59,349	32,784
	Membership subscriptions and sponsorships which are in substance donations	8,580	-	-	8,580	11,930
	Donated goods, facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	10,600	58,349	-	68,949	44,827

Charitable activities:	Activities for generating funds	26,043	-	-	26,043	24,910
		-	-	-	-	-
	Other	177	-	-	177	6,307
	Total	26,220	-	-	26,220	31,217

Other trading activities:	Advertisement income		-	-	-
	Agency income	5,580	-	-	5,580	4,389
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	5,580	-	-	5,580	4,389

Income from investments:	Interest income	-	-	-	-	-
	Dividend income	-	-	-	-	-
	Rentalandleasingincome	-	-	-	-	600
	Other	-	-	-	-	-
	Total	-	-	-	-	600

	Total	-	-	-	-	-

TOTAL INCOME		42,400	58,349	-	100,750	81,033

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Note 6	Expenditure
	Analysis of expenditure	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Expenditure on raising funds:	Incurred seeking donations		-	-	-	-
	Incurred seeking legacies	-	-	-	-	-
	Incurred seeking grants				-
	Operating membership schemes and social lotteries				-
	Staging fundraising events	3,920	1,275		5,195	1,730
	Fundraising agents	-			-
	Intellectual property licencing costs	3,786	298	-	4,084	3,130
	Rent collection, property repairs and maintenance charges	3,840	528	-	4,368	5,941
		-	-	-	-	-
	Total expenditure on raising funds	11,546	2,101	-	13,647	10,801

Expenditure on charitable activities	Accountancy fees	975			975	975
	Charitable donations	50	-		50	2,330
	Cleaning	-	-		-	714
	Commissions paid	23,373	19,455		42,828	3,796
	Council tax	2	-		2	497
	Eid expenses	-	-		-	2,220
	Equipment and upgrades	599	445		1,045	298
	Governance	751
	Independent examination	300	-		300	300
	Insurance	705	-		705	635
	Investments	3,187
	Light & heat	33	2,733		2,766	1,907
	Meeting expenses	-	-		-	123
	Printing,postage and stationery	-	-		-	224
	Proffesional services	1,475	-		1,475	3,498
	Qawwals expenses	-	-		-	1,040
	Refreshments	-	-		-	10
	Software	-	-		-	484
	Telephone & internet	4,298	-		4,298	10,412
	Training	-			-	30
	Travel and subsistence	-			-	115
	Volunteer expenses	8,624	25		8,649	7,766
	Wages & PAYE	1,819	12,141		13,960	46,126
	Water	-	399		399	614
	Website	-	-		-	105
	Total expenditure on charitable activities	46,191	35,198	-	81,388	84,219


	Confirmationstatememt	13	-	-	13	13
	sundry	3			3
	Depreciation	61	-	-	61	68
	write offs/discounts	- 75	-	-	- 75	-
	Total other expenditure	2	-	-	2	81

TOTAL EXPENDITURE		57,739	37,298	-	95,037	95,101

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts
*Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If nothing* *was paid please enter '0' in the appropriate box(es).*
	This year	Last year
	£	£
Independent examiner’s fees	300	300
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets
*Please complete this note ifthe charity has any tangible fixed assets*
14.1 Cost or valuation
	Freehold land & buildings	Other land & buildings	Plant, machinery and motor vehicles	Fixtures, fittings and equipment	Total
	£	£	£	£	£
At the beginning of the year	-	-	-	682	682
Additions	-	-	-	-	-
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	-	-	-	682	682
14.2 Depreciation and impairments
**Basis	SL or RB	SL or RB	SL or RB	SL or RB	SL or RB
** Rate				10%

At beginning of the year	-	-	-	68	68
Disposals	-	-	-	-	-
Depreciation	-	-	-	61	61
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	-	130	130

14.3 Net book value
Net book value at the beginning of the year	-	-	-	614	614
Net book value at the end of the year	-	-	-	552	552

Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets	Note 14 Tangible fixed assets
*Please complete this note ifthe charity has any tangible fixed assets*
14.1 Cost or valuation
	Freehold land & buildings	Other land & buildings	Plant, machinery and motor vehicles	Fixtures, fittings and equipment	Total
	£	£	£	£	£
At the beginning of the year	-	-	-	682	682
Additions	-	-	-	-	-
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	-	-	-	682	682
14.2 Depreciation and impairments
**Basis	SL or RB	SL or RB	SL or RB	SL or RB	SL or RB
** Rate				10%

At beginning of the year	-	-	-	68	68
Disposals	-	-	-	-	-
Depreciation	-	-	-	61	61
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	-	130	130

14.3 Net book value
Net book value at the beginning of the year	-	-	-	614	614
Net book value at the end of the year	-	-	-	552	552

Crescent Community Radio Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024

Note 19 Debtors and prepayments *Please complete this note if the charity has any debtors or prepayments.* 19.1 Analysis of debtors Total Trade debtors Prepayments and accrued income Other debtors	Note 19 Debtors and prepayments *Please complete this note if the charity has any debtors or prepayments.* 19.1 Analysis of debtors Total Trade debtors Prepayments and accrued income Other debtors	Note 19 Debtors and prepayments *Please complete this note if the charity has any debtors or prepayments.* 19.1 Analysis of debtors Total Trade debtors Prepayments and accrued income Other debtors


			This year	Last year
			£	£
			-	-
			10,522	-
			-
			10,522	-

20.1 Analysis of creditors This year Last year This year Last year £ £ £ £ Accruals for grants payable - - - - Bank loans and overdrafts - - - - Trade creditors - - - - Payments received on account for contracts or performance-related grants - - - - Accruals and deferred income 7,129 3,059 - Taxation and social security - - - - Other creditors - - - - Total 7,129 3,059 - - Note 20 Creditors and accruals *Please complete this note if the charity has any creditors or accruals.* Amounts falling due within oneyear Amounts falling due after more than oneyear	20.1 Analysis of creditors This year Last year This year Last year £ £ £ £ Accruals for grants payable - - - - Bank loans and overdrafts - - - - Trade creditors - - - - Payments received on account for contracts or performance-related grants - - - - Accruals and deferred income 7,129 3,059 - Taxation and social security - - - - Other creditors - - - - Total 7,129 3,059 - - Note 20 Creditors and accruals *Please complete this note if the charity has any creditors or accruals.* Amounts falling due within oneyear Amounts falling due after more than oneyear	20.1 Analysis of creditors This year Last year This year Last year £ £ £ £ Accruals for grants payable - - - - Bank loans and overdrafts - - - - Trade creditors - - - - Payments received on account for contracts or performance-related grants - - - - Accruals and deferred income 7,129 3,059 - Taxation and social security - - - - Other creditors - - - - Total 7,129 3,059 - - Note 20 Creditors and accruals *Please complete this note if the charity has any creditors or accruals.* Amounts falling due within oneyear Amounts falling due after more than oneyear	20.1 Analysis of creditors This year Last year This year Last year £ £ £ £ Accruals for grants payable - - - - Bank loans and overdrafts - - - - Trade creditors - - - - Payments received on account for contracts or performance-related grants - - - - Accruals and deferred income 7,129 3,059 - Taxation and social security - - - - Other creditors - - - - Total 7,129 3,059 - - Note 20 Creditors and accruals *Please complete this note if the charity has any creditors or accruals.* Amounts falling due within oneyear Amounts falling due after more than oneyear


Amounts falling due within oneyear		Amounts falling due after more than oneyear
This year	Last year	This year	Last year
£	£	£	£
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
7,129	3,059	-
-	-	-	-
-	-	-	-
7,129	3,059	-	-

Note 24Cash at bankand in hand	Note 24Cash at bankand in hand	Note 24Cash at bankand in hand	This year Last year £ £ - - - - 39,51155,896 - - 39,511 55,896
			This year
			£
Short termcash investments (less than 3 months maturity date)			-
Short termdeposits			-
Cash at bankand on hand			39,511
Other			-
Total			39,511