Charity Registration No. 1127432
Company Registration No. 06162105 (England and Wales)
## **THE CIVIC MEDIA PLATFORM LTD**
(A COMPANY LIMITED BY GUARANTEE)
**DIRECTOR’S REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021**
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **CONTENTS**
||**Page**|
|---|---|
|Legal and Administrative Information|1|
|Trustees’ Report|2 - 4|
|Statement of Trustees’ Responsibilities|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8 - 11|
_Company Registration No: 06162105 (England & Wales)_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **LEGAL AND ADMINISTRATIVE INFORMATION**
Trustees Mr. C. Doyle Dr. R. Turkmani (Chair) Secretary Mr. C. Doyle, current secretary and treasurer Charity number 1127432 Company number 06162105 Principal address The Arab British Centre 1 Gough Square London EC4A 3DE Bankers Starling Bank Limited (No. 09092149), 3rd Floor, 2 Finsbury Avenue, London, EC2M 2PP.
_Company Registration No: 06162105 (England & Wales)_
_1_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
The Trustees present their report and accounts for the year ended 31 August 2021.
## **Structure, governance and management**
The Civic Media Platform Ltd (‘CMP’), a company limited by guarantee, was incorporated on 15 March 2007 and is governed by its Memorandum and Articles of Association. CMP was registered as a charity in England and Wales on 8 January 2009. Trustees, who are also directors of the company, are recommended to the board by fellow trustees and co-opted on if agreed. The process involves formal interview and submission of CV. Recommendation is guided by the desired skills and other requirements for the composition of the board.
The major risks to which the charity is exposed, as identified by the Trustees, are periodically reviewed and steps are taken to mitigate those risks. A risk register is maintained as part of the charity's risk management strategy.
## **Objectives and activities for the public benefit**
The charitable objects of CMP are to relieve distress and hardship and promote the sustainable welfare and development of, and good quality education for the population of the Middle East, and to promote the advancement of traditional arts, culture and heritage of The Middle East, including through:
(a) the provision, promotion and support of sustainable development projects and initiatives that benefit disadvantaged members of the population of the Middle East;
(b) the provision of scholarships to disadvantaged individuals and the promotion and provision of support (financial or otherwise) of organisations, projects or initiatives that improve or provide education for disadvantaged members of the population of the Middle East;
(c) the provision of support (financial or otherwise) of projects and initiatives that preserve and develop the traditional arts, crafts and culture of The Middle East;
(d) the provision, promotion and support of civic society values and respect of human rights in the Middle East through the development and promotion of media content that promotes these values.
The Civic Media Platform Ltd. will continue to peruse its charitable objectives through the production of Arabic media content that promote peace and reconciliation, civic values and education and gender rights.
_Company Registration No: 06162105 (England & Wales)_
_2_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
## **Achievements and performance**
This year the charity contributed to the research, training and script development for many content types and episodes. These include educational infographic videos enabling he Arab speaking audience with foundational knowledge about constitutional principles, principles of citizenship, and another one about healing psychological traumas and raising awareness about mental health in general. Also, a mini-series presented by psychological therapist giving advice and tips about social and behavioural challenges faced by Middle Eastern audience wither in their original communities or in their new destinations. On order to maximise the reach of the online content and guarantee spreading the beneficiaries’ size, the charity also produced a series of musical productions promoting social coherence and inclusiveness featuring some of the most talented Arabic indie music.
A full season of short mini drama series that is based od black comedy tackling indirectly key elements of civic societies. Also 10 vodcast episodes were developed in collaboration with Arabic booker awards nominee provoking the audience to start questioning non civic social norms
## **Funding**
The only current source of funds for the charity is the ENI/2017 /394-244 – Component B project funded by the EU.
## **Future plans**
After the success of the content produced, the charity plans to apply for new funding proposals from major donors. There are no plans for crowd funding. The current board members also start recruiting new board members.
## **Financial review**
The directors are satisfied that CMP is managing its resources prudently.
## _Reserves Policy_
The Trust’s reserves policy is to maintain a sufficient level of reserves to enable operating activities to be maintained, taking account of potential risks and contingencies that may arise from time to time. The Trustees review the policy annually.
CMP endeavours to build reserves in unrestricted funds that will permit it to operate effectively whilst affording a reasonable level of cover against potential risks and future uncertainties. Specifically, CMP seeks to achieve a level of reserves that will:
- a) permit CMP to fund operating costs and to maintain key activities in the short term in the event of temporary shortfalls in income;
- b) provide for an orderly winding-down of operations in the event of a significant adverse event that is outside the control of the charity;
_Company Registration No: 06162105 (England & Wales)_
_3_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
- c) provide a contingency for adverse foreign currency movements and expenditure variances on committed projects;
- d) enable CMP to act upon opportunities that may arise from time to time.
## **The current accounts and director’s report have been delayed for reasons that have to do with COVID-19.**
On behalf of the board of Directors
Christopher Doyle Director
Date:, 2022 17 June 2022
_Company Registration No: 06162105 (England & Wales)_
_4_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **STATEMENT OF TRUSTEES RESPONSIBILITIES**
## **Trustee’s responsibilities in relation to the financial statements**
The Trustees, who are also the directors of CMP for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They 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.
_Company Registration No: 06162105 (England & Wales)_
_5_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** FOR THE YEAR ENDED 31 AUGUST 2021
||||Unrestricted
Funds|Restricted
Funds|Total
Funds|Total
Funds|
|---|---|---|---|---|---|---|
|||Note|**2021**|**2021**|**2021**|**2020**|
||||£|£|£|£|
||**Incoming resources**||||||
||Donations and legacies|2|-|340517.24|340517.24|226,986.00|
||Activitiesforgeneratingfunds||-|-|-|-|
||Investment income|3|-|800.21|800.21|2.12|
||**Total incoming resources**||**-**|**341,317.4**
**5**|**341,317.4**
**5**|**226,988.1**
**2**|
||||||||
||**Resources expended**||||||
||**_Costs of generating funds_**||||||
||Fundraising||-|-|-|-|
||||||||
||||||||
||**_Charitable activities_**||||||
||Projectgrants|4|-|199,232.12|199,232.12|182,357|
||Governance costs|6|-|1,696.33|1,696.33|1,576|
||**Total resources expended**||**-**|**200,928.4**
**5**|**200,928.4**
**5**|**183,933**|
||||||||
||**Net (outgoing)/incoming**
**resources**
**Net movement in funds**||**-**|**140,389**|**140,389**|**43,055**|
||Transfer between funds||-|-|-|-|
||Fund balances broughtforward||-|**43,682**|**43,682**|627|
||||||||
||**Fund balances carried**
**forward**|10|**-**|**184,071.7**
**9**|**184,071.7**
**9**|**43,682**|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
_Company Registration No: 06162105 (England & Wales)_
_6_
AS AT 31 AUGUST 2021
## **THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **BALANCE SHEET**
|Note
**Current assets**
Debtors
Cash at bank and in hand
**Creditors:**
Creditors: amounts falling due within one year
9
**Total assets less current liabilities**
**Income funds**
Unrestricted funds
10
Restricted funds
10|**2021**
**2020**
£
£
-
-
184,071.7
9
43,682|
|---|---|
||184,071.7
9
43,682
(0)
(0)|
||184,071.7
9
43,682|
||0
-
184,071.7
9
43,682|
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The accounts were approved by the Board on xxx.
Christopher Doyle Director
The notes on pages 8 to 11 form part of these financial statements.
_Company Registration No: 06162105 (England & Wales)_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS** FOR THE PERIOD ENDED 31 AUGUST 2021
## **1. Accounting policies**
## 1.1 Accounting convention
The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling, which is the functional currency of the charity. The accounts have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence. Accordingly, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## Charitable funds
Unrestricted funds comprise of general funds created by the accumulated surplus within the statement of financial activities. They are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds represent amounts received for a specific purpose,
## Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## Financial instruments
_Company Registration No: 06162105 (England & Wales)_
## **THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS** FOR THE PERIOD ENDED 31 AUGUST 2021
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
_Company Registration No: 06162105 (England & Wales)_
_9_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS**
FOR THE PERIOD ENDED 31 AUGUST 2021
## **2. Donations and legacies**
|Donations
Gift Aid|**2021**
**2021**
**2021**
**2020**
£
£
£
£
Unrestricted
Restricted
Total
Total
-
-
-
-
-
340517.24
340517.24
226,986|
|---|---|
||-
340517.24
340517.24
226,986|
## **3. Investment income**
|**nvestment income**|||
|---|---|---|
||**2021**|**2020**|
||£|£|
|Interest receivable|**800,21**|**2.12**|
## **4. Resources expended**
|**_Charitable activities_**
**_Governance costs_**|**2021**
**2021**
**2021**
**2020**|
|---|---|
||Other
costs
Grant
funding
Total
Total
£
£
£
£
- 199,232.12
199,232.12
182,357
1,696.33
-
1,696.33
1,576|
||1,696.33199,232.12
200,928.45
183,933|
## **5. Support costs**
|Office costs
Bank charges
Sundry expenses
(Gain)/Loss on revaluing foreign cash holding|**2021**
**2020**
£
£
-
-
1,051.74
376
644.59
1,200
0
0|
|---|---|
||**1,696.33**
**1,576**|
## **6. Governance costs**
Support costs for 2021 and 2020 have been classified as governance costs – refer note 5 above. No audit is required for the year.
## **7. Trustees**
_Company Registration No: 06162105 (England & Wales)_
_10_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS**
FOR THE PERIOD ENDED 31 AUGUST 2021
None of the Trustees (or any persons connected with them) received any remuneration during the period. One of the trustees is reimbursed, at cost, for payments made out of personal funds on Companies House annual return fees.
## **9. Creditors: amounts falling due within one year**
|Grants Payable
Accruals
Other creditors|**2021**
**2020**
£
£
0,0
0,0
-
-
-
-|
|---|---|
||**-**
**-**|
## **10. Analysis of Net Assets between Funds**
|Fund balances at 31 August
2021 are represented by:
Current Assets
Creditors
**Total**
Fund balances at 31 August
2020 are represented by:
Current Assets
Creditors
**Total**|Unrestricte
d Funds
Designated
Funds
Restricted
Funds
Total
£
£
£
£
- 184,071.79
184,071.79
-
-
-|
|---|---|
||**-**184,071.79
184,071.79|
||£
£
£
£
-
43,682
43,682
-
-
-
**-**
**43,682**
**43,682**|
## **11. Share Capital**
The company is limited by guarantee and therefore has no share capital.
## **12. Related party transactions**
In the year, there were no related party transactions.
_Company Registration No: 06162105 (England & Wales)_
_11_
Charity Registration No. 1127432
Company Registration No. 06162105 (England and Wales)
## **THE CIVIC MEDIA PLATFORM LTD**
(A COMPANY LIMITED BY GUARANTEE)
**DIRECTOR’S REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021**
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **CONTENTS**
||**Page**|
|---|---|
|Legal and Administrative Information|1|
|Trustees’ Report|2 - 4|
|Statement of Trustees’ Responsibilities|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8 - 11|
_Company Registration No: 06162105 (England & Wales)_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **LEGAL AND ADMINISTRATIVE INFORMATION**
Trustees Mr. C. Doyle Dr. R. Turkmani (Chair) Secretary Mr. C. Doyle, current secretary and treasurer Charity number 1127432 Company number 06162105 Principal address The Arab British Centre 1 Gough Square London EC4A 3DE Bankers Starling Bank Limited (No. 09092149), 3rd Floor, 2 Finsbury Avenue, London, EC2M 2PP.
_Company Registration No: 06162105 (England & Wales)_
_1_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
The Trustees present their report and accounts for the year ended 31 August 2021.
## **Structure, governance and management**
The Civic Media Platform Ltd (‘CMP’), a company limited by guarantee, was incorporated on 15 March 2007 and is governed by its Memorandum and Articles of Association. CMP was registered as a charity in England and Wales on 8 January 2009. Trustees, who are also directors of the company, are recommended to the board by fellow trustees and co-opted on if agreed. The process involves formal interview and submission of CV. Recommendation is guided by the desired skills and other requirements for the composition of the board.
The major risks to which the charity is exposed, as identified by the Trustees, are periodically reviewed and steps are taken to mitigate those risks. A risk register is maintained as part of the charity's risk management strategy.
## **Objectives and activities for the public benefit**
The charitable objects of CMP are to relieve distress and hardship and promote the sustainable welfare and development of, and good quality education for the population of the Middle East, and to promote the advancement of traditional arts, culture and heritage of The Middle East, including through:
(a) the provision, promotion and support of sustainable development projects and initiatives that benefit disadvantaged members of the population of the Middle East;
(b) the provision of scholarships to disadvantaged individuals and the promotion and provision of support (financial or otherwise) of organisations, projects or initiatives that improve or provide education for disadvantaged members of the population of the Middle East;
(c) the provision of support (financial or otherwise) of projects and initiatives that preserve and develop the traditional arts, crafts and culture of The Middle East;
(d) the provision, promotion and support of civic society values and respect of human rights in the Middle East through the development and promotion of media content that promotes these values.
The Civic Media Platform Ltd. will continue to peruse its charitable objectives through the production of Arabic media content that promote peace and reconciliation, civic values and education and gender rights.
_Company Registration No: 06162105 (England & Wales)_
_2_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
## **Achievements and performance**
This year the charity contributed to the research, training and script development for many content types and episodes. These include educational infographic videos enabling he Arab speaking audience with foundational knowledge about constitutional principles, principles of citizenship, and another one about healing psychological traumas and raising awareness about mental health in general. Also, a mini-series presented by psychological therapist giving advice and tips about social and behavioural challenges faced by Middle Eastern audience wither in their original communities or in their new destinations. On order to maximise the reach of the online content and guarantee spreading the beneficiaries’ size, the charity also produced a series of musical productions promoting social coherence and inclusiveness featuring some of the most talented Arabic indie music.
A full season of short mini drama series that is based od black comedy tackling indirectly key elements of civic societies. Also 10 vodcast episodes were developed in collaboration with Arabic booker awards nominee provoking the audience to start questioning non civic social norms
## **Funding**
The only current source of funds for the charity is the ENI/2017 /394-244 – Component B project funded by the EU.
## **Future plans**
After the success of the content produced, the charity plans to apply for new funding proposals from major donors. There are no plans for crowd funding. The current board members also start recruiting new board members.
## **Financial review**
The directors are satisfied that CMP is managing its resources prudently.
## _Reserves Policy_
The Trust’s reserves policy is to maintain a sufficient level of reserves to enable operating activities to be maintained, taking account of potential risks and contingencies that may arise from time to time. The Trustees review the policy annually.
CMP endeavours to build reserves in unrestricted funds that will permit it to operate effectively whilst affording a reasonable level of cover against potential risks and future uncertainties. Specifically, CMP seeks to achieve a level of reserves that will:
- a) permit CMP to fund operating costs and to maintain key activities in the short term in the event of temporary shortfalls in income;
- b) provide for an orderly winding-down of operations in the event of a significant adverse event that is outside the control of the charity;
_Company Registration No: 06162105 (England & Wales)_
_3_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **TRUSTEES’ REPORT:** FOR THE YEAR ENDED 31 AUGUST 2021
- c) provide a contingency for adverse foreign currency movements and expenditure variances on committed projects;
- d) enable CMP to act upon opportunities that may arise from time to time.
## **The current accounts and director’s report have been delayed for reasons that have to do with COVID-19.**
On behalf of the board of Directors
Christopher Doyle Director
Date:, 2022 17 June 2022
_Company Registration No: 06162105 (England & Wales)_
_4_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **STATEMENT OF TRUSTEES RESPONSIBILITIES**
## **Trustee’s responsibilities in relation to the financial statements**
The Trustees, who are also the directors of CMP for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They 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.
_Company Registration No: 06162105 (England & Wales)_
_5_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** FOR THE YEAR ENDED 31 AUGUST 2021
||||Unrestricted
Funds|Restricted
Funds|Total
Funds|Total
Funds|
|---|---|---|---|---|---|---|
|||Note|**2021**|**2021**|**2021**|**2020**|
||||£|£|£|£|
||**Incoming resources**||||||
||Donations and legacies|2|-|340517.24|340517.24|226,986.00|
||Activitiesforgeneratingfunds||-|-|-|-|
||Investment income|3|-|800.21|800.21|2.12|
||**Total incoming resources**||**-**|**341,317.4**
**5**|**341,317.4**
**5**|**226,988.1**
**2**|
||||||||
||**Resources expended**||||||
||**_Costs of generating funds_**||||||
||Fundraising||-|-|-|-|
||||||||
||||||||
||**_Charitable activities_**||||||
||Projectgrants|4|-|199,232.12|199,232.12|182,357|
||Governance costs|6|-|1,696.33|1,696.33|1,576|
||**Total resources expended**||**-**|**200,928.4**
**5**|**200,928.4**
**5**|**183,933**|
||||||||
||**Net (outgoing)/incoming**
**resources**
**Net movement in funds**||**-**|**140,389**|**140,389**|**43,055**|
||Transfer between funds||-|-|-|-|
||Fund balances broughtforward||-|**43,682**|**43,682**|627|
||||||||
||**Fund balances carried**
**forward**|10|**-**|**184,071.7**
**9**|**184,071.7**
**9**|**43,682**|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
_Company Registration No: 06162105 (England & Wales)_
_6_
AS AT 31 AUGUST 2021
## **THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **BALANCE SHEET**
|Note
**Current assets**
Debtors
Cash at bank and in hand
**Creditors:**
Creditors: amounts falling due within one year
9
**Total assets less current liabilities**
**Income funds**
Unrestricted funds
10
Restricted funds
10|**2021**
**2020**
£
£
-
-
184,071.7
9
43,682|
|---|---|
||184,071.7
9
43,682
(0)
(0)|
||184,071.7
9
43,682|
||0
-
184,071.7
9
43,682|
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The accounts were approved by the Board on xxx.
Christopher Doyle Director
The notes on pages 8 to 11 form part of these financial statements.
_Company Registration No: 06162105 (England & Wales)_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS** FOR THE PERIOD ENDED 31 AUGUST 2021
## **1. Accounting policies**
## 1.1 Accounting convention
The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling, which is the functional currency of the charity. The accounts have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence. Accordingly, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## Charitable funds
Unrestricted funds comprise of general funds created by the accumulated surplus within the statement of financial activities. They are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds represent amounts received for a specific purpose,
## Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## Financial instruments
_Company Registration No: 06162105 (England & Wales)_
## **THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS** FOR THE PERIOD ENDED 31 AUGUST 2021
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
_Company Registration No: 06162105 (England & Wales)_
_9_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS**
FOR THE PERIOD ENDED 31 AUGUST 2021
## **2. Donations and legacies**
|Donations
Gift Aid|**2021**
**2021**
**2021**
**2020**
£
£
£
£
Unrestricted
Restricted
Total
Total
-
-
-
-
-
340517.24
340517.24
226,986|
|---|---|
||-
340517.24
340517.24
226,986|
## **3. Investment income**
|**nvestment income**|||
|---|---|---|
||**2021**|**2020**|
||£|£|
|Interest receivable|**800,21**|**2.12**|
## **4. Resources expended**
|**_Charitable activities_**
**_Governance costs_**|**2021**
**2021**
**2021**
**2020**|
|---|---|
||Other
costs
Grant
funding
Total
Total
£
£
£
£
- 199,232.12
199,232.12
182,357
1,696.33
-
1,696.33
1,576|
||1,696.33199,232.12
200,928.45
183,933|
## **5. Support costs**
|Office costs
Bank charges
Sundry expenses
(Gain)/Loss on revaluing foreign cash holding|**2021**
**2020**
£
£
-
-
1,051.74
376
644.59
1,200
0
0|
|---|---|
||**1,696.33**
**1,576**|
## **6. Governance costs**
Support costs for 2021 and 2020 have been classified as governance costs – refer note 5 above. No audit is required for the year.
## **7. Trustees**
_Company Registration No: 06162105 (England & Wales)_
_10_
**THE CIVIC MEDIA PLATFORM LTD** (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE ACCOUNTS**
FOR THE PERIOD ENDED 31 AUGUST 2021
None of the Trustees (or any persons connected with them) received any remuneration during the period. One of the trustees is reimbursed, at cost, for payments made out of personal funds on Companies House annual return fees.
## **9. Creditors: amounts falling due within one year**
|Grants Payable
Accruals
Other creditors|**2021**
**2020**
£
£
0,0
0,0
-
-
-
-|
|---|---|
||**-**
**-**|
## **10. Analysis of Net Assets between Funds**
|Fund balances at 31 August
2021 are represented by:
Current Assets
Creditors
**Total**
Fund balances at 31 August
2020 are represented by:
Current Assets
Creditors
**Total**|Unrestricte
d Funds
Designated
Funds
Restricted
Funds
Total
£
£
£
£
- 184,071.79
184,071.79
-
-
-|
|---|---|
||**-**184,071.79
184,071.79|
||£
£
£
£
-
43,682
43,682
-
-
-
**-**
**43,682**
**43,682**|
## **11. Share Capital**
The company is limited by guarantee and therefore has no share capital.
## **12. Related party transactions**
In the year, there were no related party transactions.
_Company Registration No: 06162105 (England & Wales)_
_11_
FLINTHAM=MACKENZIE
CHARTERED AccC4JNTthN ¥D CHNRTEREDTAX ADVISORS
277-279 Chiswick Hh R
L((k)n W4 4r4J
020 8742 K)lS
020 8742 2414
¥wlrfllonel
The TNstees
The Civlc Medla Platform Ltd
The Arab Brit15h Centre
l Gough Square
London
EC4A 30E
29th June 2022
Charfity no: 1127432
Company no:06162105
Independent examiner's report to the trustees of The Civic Media Platform Ltd
Accounts for the year ended 31stAugust 2021.
I reportto the charity trustees on my examination of the accounts of The Civic Media Platform Ltd for
the year ended 31$r August 2021.
Responsibilities and basls of report
As the charity's trustees of the Cornpany (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements ofthe
Charities Act 2006 ('the 2006 Act,)
Having satisfied myself that the accounts of the company are not required to be audited forthis year
under Part 16 ofthe 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) olthe 2011 ACL
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention
which gives me cause to believe that.
accounting records were not kept in accordance with sectlon 386 of the Companies Art 2006; or
2. the accounts do not accord with such records: or
3. 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 examinotlDn,' or
the accounts have not been prepared in accordance with the Charities SORP IFR51021.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
S Ferdos
Director
Flintham Mackenzie
Chartered Accountants
Direi'.iors.' Saeed Ferd05 Bsc, ACA, FCCA, CTA, Brij Taneja accni. Fcf.A
Flinlham M8cken2ie Limited Iradlnfj as FliiTrihani Il,lackenziÈ- Q.oinpany Rp.gi8lereiJ in Englaii(l & Wales, Nurnb8r 7690934
Reoi#lpred oiri(-,
277-219 Cliiswirk Hirili Rciad. Luiidoii WI 4PU