Charity registration number 1137249 (England and Wales)
Company registration number 06854360
ACADEMY FM THANET
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ACADEMY FM THANET
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
Mr V Todd
MrCJWest
Mr D Foley
Mr G Coslain
Mr J R Lawson
Charlty number
1137249
Company number
06854360
Registsred office
The Royal Harbour Academy Upper Sile
Marlowe Way
Ramsgale
CT12 6FA
Independent examlner
Mark Hurdman BA (Hons) FCA
3 Lloyd Road
Broadstairs
Kent
CT10 1HY

ACADEMY FM THANET
CONTENTS
Page
Truslees, report
Independent examiner's report
Statement of financial activities
Balance she81
Notes to the financial stalemenl$
6-11

ACADEMY FM THANET
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial slatements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policie5 set out in nole 1 to Ihe
financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting
and Reportin9 by Charities.. Slalemenl of Recommended Practice applicable to ¢harilies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)"
(effective 1 January 2019}.
Objectives and actlvltles
A. POLICIES AND OBJECTIVES
The charity operates a community radio station, based at the school premises of Royal HarbouT Academy in
Ramsgale, Kent. The station was launched in April 2010. The objectives of the charity are lo improve student
education and broaden the experien¢e of the sludents who woTk with the station manager and lo develop stronger
links to the communities which it senies. Studenls are closely involved in all aspects of the station's activities. On 4
August 2010, Academy FM Thanet became a registered charity.
Publlc beneflt
The trustees have considered the impact of the public benèfit requirement in¢luding the guidance issued by the
Charities Commission. The charity aims lo actively advance the education of the Royal Harbour Academy students
and inhabilanls of the Thanet area.
. VOLUNTEERS
The staff and volunteers of the station woTk closely with students of the Academy and wilh other $¢hools to improve
student education and broaden the experience of the sludents. The Iruslees of Ihe charity would like to place on
re¢ord their appreciation of its supporters who provided the necessary funding to enable the station to continue lo
operate.
Achlevements and perfomiance
Significant activities and 8chievem9nls against objectives
The charity has continued to build on its strengths of engaging with the local community and has advanced its
listener base and the education of students at Ihe Royal Harbour Academy.
Financial revlew
A. RESERVES POLICY
The policy of the trustees is to maintain a level of reserves that will be adequate to provide a stable base for the
continuing operation of the charity whilst ensuring that excessive funds are not accumulated. In common with many
other small charities. Academy FM Thanet is dependent on conlinuing donations from ils supporters to enable it to
continue ils operations. The nel assets as al 31 March 2025 amounted to £20,954 (2024- £13,236).
. SURPLUS
The charity realised a profil of £7.718 {2024 - £446) during the year and ended the year with a cash balance of
£19,58612024- £11,315).
ReseThes policy
It is the policy of the charity that unreslricled funds which have not been designated for a specific use should be
maintained at a level equivalent to be￿een three and Six month's expenditure. The Irustees consider Ihal reserves
al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's
current activities while consideration is given lo ways in which additional funds may be raised. This level of resefves
has been maintained Ihroughoul the year.

ACADEMY FM THANET
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure, govemance and managomènt
A. CONSTITUTION
The company is registered as a chaTilable company limited by guarantee and was set up by a Irust deed dated 20
March 2009.
The company is a registered Charity number 1137249.
The Charity's memorandum and articles of associalion are the primary governing documenls. The trustees meet as
often as is required lo lake decisions affecting the operation of the charity bul al a minimum of Iwice a year.
. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are appointed by the recommendation of the existing trustees. New trustees, when appointed, will be
provided with an information pack including the latest accounts and the Memorandum and Articles of Association
and will be afforded the opportunity to undertake site visits to the radio station premises.
The trustees of the charity are as listed previously.
C. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Although no specifi¢ trustee training programme exists, most of the Irustees continue to have considerable
exposure to educational or charitable matters.
D. RISK MANAGEMENT
The trustees have examined the major risks which the charrty faces and have pul in place systems, policies,
procedures and controls in order to manage and mitigale these risks. Appropriate insurances are in pla¢e. The
¢harily is organised with direc1015 and members of the management committee meeting regularly lo manage ils
affairs. Mth&re appropriale, the trustees will act only after laking appropriate professional advice.
Plans for future perfods
During the coming year the charity will seek to develop and further its links to the local community and its student
educational activities.
The truslees, report was approved by the Board of Trustees.
Mr V Todd
Trustee
Dale..

ACADEMY FM THANET
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ACADEMY FM THANET
I report lo the trustees on my examination of the finan¢ial statements of Academy FM Thanet {Ihe charity) for the
year ended 31 March 2025.
Responsibilities and ba$ls of report
As the trustees of the charity land also rts direclors for the purposes of company law), you are responsible for the
preparation of Ihe financial statements in accordance wilh the requirements of Ihe Companies Acl 2006.
Having satisfied myself that the financial statements of Ihe ¢harity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respecl of my examination of the
charity'5 financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination
I have followed the Dire¢lions given by the Charity Commission under se¢lion 14515llbl of the Charities Act 2011.
Indopendenl examln•rfs statement
I have completed my examination. I confirm that no matters have come to my attention in Connection wilh the
examination giving me cause to believe that in any material respect..
accountin9 records were nol k8PI in respect of the charity as required by section 386 of the Companies Act
2006.
Ihe financial slalemenls do not accord with those records,. or
the financial slalements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any reqLtirement that the financial statements give a true and fair view, which is ncl a matter
considered as part of an independent examination,. or
Ihe financial statements have nol been prepared in accordance with the methods and principles of the
Slalemenl of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their financial slalements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102}.
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 o
der to enable a proper understanding of the financial statements lo be reached.
Mark Hurdman BA (Hons) FCA
Independent examiner
3 Lloyd Road
Broadstairs
Kent
CT10 1HY
Dated..

ACADEMY FM THANET
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted
funds
2025
Unrestricted
funds
2024
Notes
Income from:
Donations and legacies
Charitable activities
18,273
31,257
12,171
33,522
Total income
49,530
45,693
Charilable activities
41,812
45,247
Nèt Income and movement In fund8
7,718
446
Reconclllatlon of funds:
Fund balances at 1 April 2024
13,236
12,790
Fund balances at 31 March 2025
20,954
13,236
The 51alement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from ¢onlinuing aclivilies.

ACADEMY FM THANET
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
Notes
Flxed assets
Tangible assels
10
1.574
2,099
Current assets
Debtors
Cash at bank and in hand
11
1,856
19,586
1.646
11.315
21,442
12.981
Creditors: amount8 falllng due wlthln
one year
12
(2,062)
(1,824)
Net Current assets
19,380
11,137
Total assets less current Ilablllties
20.954
13,236
The funds of the charlty
Unre51ri¢led funds
13
20,954
13,236
20,954
13,236
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of ils financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on .........................
Mr V Todd
Trustee
Company regislralion number 06854360 {England and Wale51

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
A¢ademy FM Thanet is a private company limited by guaranlee in¢orporated in England and Wales. The
regislered office is The Royal Harbour Academy Upper Site, Marlowe Way. Ramsgale, CT12 6FA. The charity
is a public benefit entity.
1.1 A¢countlng conventlon
The finan¢ial statements have been prepared in accordance with the Charity's governing document, the
Companies Acl 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" The charity is a Public Benefit Enlily as defined by
FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of
Cash Ilows.
The financial statements are prepared in slerling, which 1$ the functional currency of the charity. Monetary
amounls in Ihese financial statements are rounded lo the nearesl £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Golng concern
Al the lime of approving the financial statements. the Iruslèes have a reasonable expectation Ihat the charity
has adequate resources to continue in operational existence for the foreseeable fulure. Thus Ihe trustees
onlinue lo adopl the going concern basis of accounting in preparing the financial slatements.
1.3 Charltable funds
Unrestricted funds are available for use al the discretion of the trustees in furtheran￿ of their charitable
objectives.
Restricted funds are subject lo specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial stalemenls.
Endowmenl funds are subject to specific conditions by donors thal the capital musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled lo il after any performance condrtions have been met,
the amounts can be measured reliably, and it is probable that income will bè received.
Cash donations are recognised on receipt. Other donations are ie¢ognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amounl. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of Ihe donation.
Legacies afe recognised on receipt or Othe￿Ise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcies
{ContJnued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo transfer economi¢ benefit to
third party. it is probable that a Iransfer of economi¢ benefils will be required in settlement, and Ihe amount of
the obligalion can be measured reliably.
Expenditure is classified by activity. The cosls of each activity are made up of the total of dired costs and
shared Gosls, including SLlPPQrt costs involved in undertaking each aclivily. Direct Costs attribulable lo a single
aclivity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and
SLSPPOrt costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resou[￿s. Central staff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so a5 to write off the cost or valuation of assets lass their residual values over their
useful lives on the following bases..
Leasehold land and buildings
Equipment
10OA straight line
250/0 reducing balance
The gain or loss arising on the disposal of an asset is delerrnined as the difference belween the sale proceeds
and the carrying value of the assèt. and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
Al each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indi¢alion that those assets have suffered an impairment Ioss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss lif any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments wilh original maturities of three months or less. and bank overdrafts. Bank overdrafls are shown
wrthin borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instrumenls, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instrLtments are recognised in the charity's balance sheet when Ihe charity becomes party lo the
contractual provisions of the instrument.
Financial assels and liabilitie5 are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention lo settle on a nel
basis or to realise th8 assel and settle the liability simultaneously.
Basic financlal assets
Basic financial as5els, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction cosls and are subsequently carried at amortised cost using the effective
interest method unless the arrangemenl constitutes a financing iransaction, where the transaction is
measured at the present value of the future receipts discounted at a market rale of interest. Financial assets
classified as receivable within one year are not amortised.

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng poli¢ie$
(Contlnuedl
Baslc finanelal Ilabllitles
Basic financial liabililies, including credilors and bank loans are initially recognised al transaction price unless
the arrangement conslitules a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rale of inleresl. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using Ihe effective interest rale method.
Trade creditors are obligations to pay for goods or services thal 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-currenl liabilities. Trade creditors are recognised initially al
transaction price and subsequently measured at amortised cost using the effe¢live interest method.
Derecognltlon of flnanclal Ilabilftles
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably commilled
to terminate the employment of an employee or lo provide termination benefits.
Crlllcal accountlng estlmates and Judgements
In the application of the Charity's accounting policies, the trustees are required to mak8 judgements. èstimates
and assumptions about the carrying amount of assels and liabilities that are not readily apparent from other
sources. The eslimales and associated assumptions are based on historical experience and other factors that
are Considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affecls both currenl and future
periods.
Income from donatlons and legacles
Unrestricted Unrestrictsd
funds
funds
2025
2024
Donations and 9ifts
Membership fees
16,783
1,490
9,971
2,200
18,273
12,171

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitsble activities
Unre$trlcted
funds
2025
Unrestricted
funds
2024
Donantion8
Donations
Sponsorships
12,934
18,323
16,254
17.268
31,257
33,522
Expendlture on charltable actlvitles
Expenses
2026
Expenses
2024
Dlre¢l ¢osts
Purchases
Light & heat
Repairs & maintenance
Insurance
Vehicle leasinglhire
Other motorAravel costs
Professional fees
Telephone
Depreciation
Advertising
Other charitable expenditure
705
3,266
1,840
1,890
386
1,626
5,879
931
525
492
24.472
581
1,881
4,016
1,927
665
962
5,990
284
699
1,222
27,020
41,812
45,247
Analysls by fund
Unrestricted funds
41.812
45,247
Net movement In funds
2025
2024
The net movement in funds is stated after chargingl{crediting)'.
Fees payable for the independent examination of the charivs financial
statements
1,038
990

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of Ihe trustees (or any persons connected with them} re¢eived any remuneration or benefits from the
charity during the year, with the exception of Christopher West who received £4,559 for services provided.
Employees
The average monthly number of employees during the year was:
2025
Number
2024
Number
There were no employees whose annual remuneralion was more than £60,000.
Taxatlon
The charily is exempt from laxalion on its activities because all its income is applied for charilable purposes.
10 Tanglble fixèd assets
L••$ghold
land and
bulldlngs
Equlpm•nt
Totsl
Cost
At 1 April 2024
6,460
53,811
60.271
At 31 March 2025
6,460
53,811
60,271
Depreciatlon and Impalrment
Al 1 April 2024
Depreciation charged in the year
6,460
51,712
525
58,172
525
Al 31 Mai¢h 2025
6,460
52,237
58,697
Carrylng amount
Al 31 March 2025
1,574
1,574
Al 31 March 2024
2,099
2,099
11 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
1,856
1,646
10-

ACADEMY FM THANET
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Creditors: amounts falllng due wlthin one year
2025
2024
Other ¢reditors
2.062
1,824
13 Unrestricted funds
The unrestricted fund5 of the charity comprise the unexpended balances of donations and granls which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes.
At 1 Aprll
2024
Incoming Re8ources At 31 March
resources
expended
2025
General funds
13,236
49,530
(41,812)
20.954
Prevlous year:
At 1 Aprll
2023
Incoming Resourcos At 31 March
resources
expended
2024
General funds
12,790
45,693
(45.247)
13.236
14 Relatsd party tran$8¢tlon8
The only related party transactions for the year are the amounts received by Christopher Wesl lotalling £4,559
for the year, for services provided to the charity.12024 - none).
11