wrrHENSHAWE COMMUNITY MEDIA (A company limited by guarantee) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MAY 312024 Corryxny numbw 07260414 Charfty numb•r 1143638 *AOJ555UX' 31112r2024 COMPANIES HSE
YrnENSHAWE COMMUNfFY MEDIA TRUSTEES AND DIRECTORS REPORT Fchg TK YEAR E140ED WIY 312024 DEX Ctympany irfornwl&Jn 1 Truslees dnctor5' rewt 2. 5 Ind•p•rthii v2minerfs r¢F•Jt6 . St*mwrt olknaThial waMbe$ 7 8alarK• shuet 8 to the fjnancl81 Slat•M 9. 13
TRUSTEES AND OIRECTOAS REPORT DIRECTORS K Ford8Th (Char) E Flanagan C QweA D Phil SECRETARY CJPaul REGISTERED OFFICE AIID PRINCIPAL PLACE OF BIISINESS Fowm Square WytnshaW INDEPENDENT EYAIIINER N Ahm*J BS¢ Hons F¢CA ACA CCOUNTANTS H6 Park House Cali9ht Street 14 4EH BANI(ERS Cooperabvo pk Head Offic• PO Box 101 1 Balh Street IAanthest8r 04EP
TriisrEES ANO DIRECTORS REPORT FOR TIIE YEAR ENOED MAY 312024 entted May 34 2023, The fift01 statèments t4Jrnpty ith the thaiibes 2011. lthe Comws h4 2, the Memornndum and ArtcleS ol Assotsatth. d A¢4xuntif%J and Rewtsry by C18$." Slm8rtof Retfffjwrnd¢d awicablo to Lthwi¢ie5 prepariryj thelr acoJ¥nts In acwlarv 1h the RepJryJ StsThJard appab inthe UK and R8putrAlcof IFRS1021 leffactw• 1 Jafiuary 2Q191. telerredto as the Chrii5 SORP (FRS 1021 IserJMd 8&tKYa-Lkknbef 2019?. The obJ•cts ofthe Chanty arn.. rdat¢d 5kiL4: Thè cty athr8ves ts ebiOClr40s oftr¥inWYJ WKI th• otth• conlnity StatK WF•A 97.2 bjilding creatyw and to by tho dty. Publlt B•n•fft G•Mral b•¢kgrTrd Trustees continua lo dejisthtedto recogWlhE aLlweverrtnt ofour rththtam. sUbnti wrknbudon Is quanbfied b0w. lry W&SBnl•d Qwn$Award for Vckntsry S•MC8 2014.TrAs awds 1$ w15k18r8d to be the £qut01 an MBE for growsof ¥duneTS and their wgW¥5alion. and dwrity awards. #nd w) the Comnwty Ra AWary In years R05 Johnym &ttie Mats have re¢eiYed award5 forth•ir exc•U@nt Prown9. arMI Dv¥se S•Jtrthyth was sts>tsted a te9y in the lat8St Mund 2023 fof hor 110ocèmber 2020 Oleom tcthtd Ihat WCM have aw8rded a Tr&al ofofcorn Lirrkx CR024 for 2021. 202S %th a ¢XJmrnthemfrM guaf8the £•ro tyjslstw uSll¢al ITh awaTd. IlcerK runs tyl ts end ot 00ber 2025. le9akn th 851abfed and regu¢e5 corn RadK) alcws foriusi th fiva year fonevrdls for any Skbon.TINs rwis that Wythtyh FM a1 othets fft tho frr51 tr)cha ol perrnarnnt licences grnnted in 2005 n¢•d to amerytmeni totheI ty new Iw lo seuKo t¥le tsr FM St7l.0 Auolo 8roadtast I8) bcènte Is sepath. The ratho Stati Whwshawe FM 972 is t¥sttitaWlKM's and ta badCast thJll tim•with )nday to Satyrday an¢J 1CV.00 amto 5".C#) ¢ffj Sundays. Wthln fhese )r5 ben needed aThY at all othEr lyne5 r£ntenl is wovided ty an wtomated sySt¢m. are dso kndepeI R•JK) and th"rr check5 on Ihe hour r(xJnd the Ouring pre¥u)us P8rtsts, paitiDJ¥rty the {20120 ¥rKI IlwW202fy21, and caution in 2021.22, bocwse ofreljust Coyhy safety fneasufvs tytt Tntste•s •)d by a sptial Olcryn coTranty Ratho Fund grant, the majNty ofthe crign cOntent.OadGaSt ti)erSXe-rects at vcknjleets or broadcast but r9m0 us?ng upgrade ofthe Ixoa(l(st solwdre. krthn as Myr Awwe. Ihts afid the pjUS peric*J ¢here has been a
FOR THE YEAR ENDED MAY 312024
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Manchester Cu#tsr81 Sethy. ¢jdvj arLW¢WJ 75 ryMsafs. 8nd frPt Ihis the transnatial 1k C
TRUSTEES AND DIRECTORS RÉPORT FOR ThE YEAR EIIOED MAY 312023 Manyof¢h8 pr•rnrded shm and the s5 woJuc8d urxjer CovJ k)ck&n h•% been (la high siandard. conyarfng I4vraA sme prevThxJ5 LY)rt•¢ th8 Direclors are lo conlr#Je to OJ b8StfoT our UpgrndFng th• Br••du6t Softar• Totsuli•tetFw dèveknpmÈnts duriThJ th• pre¥w)u5 P00 the has p9je th• pW.I systom lo Myriad S 8nd dINa period and Ilthe lime of %gning ts tepxihav• b8en to Introd fve broadTha eles¥ftnts ftom pwesents 75% 0fm8 OLrtput is FYoluc6d with fNÈ glemonrs arwj ty knie ol b)è prn¥k•tsactoJnts stknn regula ex¢eedirvJ our p¢9¥j iarw al 70 r5 b¥¢ wekiymSluwwAh Itss Ihw 10% kne in the 2020 part of krkdown aTrJ und 45% in Ocr2021 at ihe wnt ki ¢0Very. A5 eyKc¢ed a(ess wa$wal tIo more vdunteu¥ 81 thls point 101$h KJ can two•Jtast ltr• frrm Ihe stiJ. Ths a re succ•s$ story of lrniniry aThl upskilliw led by Colin C0xw havE t¢enJ< by expred88c aNI kndepnt Radio wof8ssk)nal and stsr IwdraHér Su5iè Mathis. Dvllng the last peiiod Iho De¢t tec•d 8n upjaied rerrffrom a rovi aR 18chni¢al fxthb88 woc¢duffts rebJrnlNJ tfom lh& Cry4wJ.19 to sysioms. The o)st tsffulty impknenung Ihe Upgrade Op)$ r颣mrrnded may be of Ihe L¥dorolf15.LKWO.CW ewbj reprg$8nta bling oltUT a fvbjre poriod. Mthe tioofwrikng sorre £6. has raid for Ihi8 Wwtas fmm Lloyd$ 8ank. Investment gn9 an equipmenlbase Ihatis rdkiwe to seè the slaborbthrh the rW (kn li(nce pericrfj and for at leasl tgn ye¥Fs. Re•Ment o1th6 ffl8 serv8r aThY Soft C10 81 of $ubn¥ssion. bgtter fink aetsl aTrJ tho signal. Iha Goc418d thgital &vth. and thwefwe lfflrted hl a¢¢ess dwJiial 8Pt8tion$. R¢¥i•wthg and R•n•wlng P•4d• and Prctt partaf Ihe preparaiKn fartho rerwRI Frff¢8SS ilh ofcr¥D Ihg TDJStees. acSng chEXecU1t and ¥otunieeis btgan reviwny ali Charitls pokies and ¥Alh PaTlnAar althn1 to conWaiNS and PIlnary The timetable reintrOdon ofa Volunteer Passp>l in 202>24 With an rIn4 hatKltxx)k oporabxs and bvhwiour. This revi&vof poknc4es. prack• and gg¥ernarK• is tythe Fwbarrte Human Res(¥rt05 SW) uthr Chair E¢dio Ho8pltal Radlo Opportunrtivs choic*$. both for the ¢J8dKat8d s¥t¥1 t¥oath¥5ts and f1 wcgBrw. We are ntr•seekKvJ a rene¥d relationshlp with Ihe H05pit41 Trusl. has ewn¢JbJ to have akn had Ho$piial Rad or kKal Comrnunity
wYrHENSTrtAWE COMWNifY AIEDIA TRiisfEES AND DIRECTORS REPORT FOA ThE YEAR EPIDEO MAY 31 2023 Dlglal Autho Brodtas¥ng moved to seojre a than on b)e Stackp)rt kn"plex. The Chth akn has a openiry to broodcasi in Ihe MwKhe5ter mu"r4ex.heasn". lorttich ** faoiitated a trfoatri masl ste akng5hle brtsadGast equlpmeftt. and Trustee$ will continue to revr8w Ihe cost and desir8"1ty ol addw)g this further Wt. The Stocthwjrt seNire ety ¢4 rnuth the cty of Monche5ter with gLwxI reGeplw)n ind and Outdc¥ and Ilustyated th Conl•ntTskforc• undar Cokn In. VI)#11 rtI¢allOn Voluntoets Gontinuts to be Ihe KfebkKJ tyflhe $lakn in lefffts Mdio Ihe rrtary bowd. It 15 851imaled Ihat an average o150rne 70 of wiftal i•Yio •r¢ troadca5t eath w¢¢k. inv(ifvin9 rrwA 50 volunl&•rs, backed up by al leasl 70 of wepwats)n tirre IN8 hour. This k•tal of than 7.IKM) hwr5 of volunteering i$worth £77.000 io lh¢ orywusati¢n m Ihe yeai at £11 rer l)ur. In addition an average in the riOd of si¥ Tnjsltses were each estimaled to contribute an ayefago oftsn pw ffthth IJIr¥ readry and to the ch•, totalbng 720 hours. worth som8 e18.QOQ if valued at £25 p8r h)ur ch 15 1)w¢Thative 9N¢n th¢ hvJh va9 aThJ wofesslonal standing of Ihe ddual5 tfjncerrnd. In addition IherÈ arè an eslimabJ 2.OCQ of ¥On stall bme perannum-dtyjbling yaar on year- worth £30,IXQ i1vae& at aver4ge £15 per hrAY. At a l¢4al £125.1th rrm 80% ofthe overall value ofthe actrythe*.
wYtHENSHAE COMMuNYfY MEDIA TRUSTEES AND DIRECTORS REPI)RT FQR THE YEAR ENDED MAY 31 Z024 Sthool IOT Social Entreprenew51SSE) l>Jr C Exeojtive from start up of Ihe pejert¢h 2010 ch Pwl has contirwd to act as CEO and and trarBfer to Iruease the triThJ adity of Soryal SSE Tr Up kwowmme. seekJ"rMJ thrcgh maith lufvjing . Chris a150 wothe< SSE and Ihew resvarth tntr¥ltyS AKOU to c¢wodtsEe a SSE TRdè Up i¢$Barch woject with our vdunteers. gmng Ihem all a Char to exprtss IIWr¥ws atJut the Chwty's nanIry to thw. Outputs from thi5 have Tncluded detaid resea. a on8 Ixxji ' l rndv) shtrthf 1h AKLKI, h" ualty iDclJdin Case sludies about ¢v radso vdunteers by Tnjstet r¢$pr lor tert1 and prtsjuction Colin O%¥en. Al the lirnolsubrnissth Chis has esS a•1 to tre Crfc4>Tr RadKI FuNlfor E27.OLq) to ugate a PWirx Te be&) lo tIk1 on th8Tfada Up success pwt powj r(des atth• stakn. V¢xe ol Thanks The Tnjslees reccqded their Ihanks lo Ireno LTre in ts last arr1 rerth kn 2022.23 arnl aPwtruatn harè. IF•nt LawranGe has been a I)ry-Stand9 Yokntw at Ihe wa5 ofthe fouTrrwJ TN51ees dthe tharity in 2010. Irene has served rtrf 13 5 arrtl Trjw rekns but tha t>fft [sLwI going Phoffilx Team In 2023 kl8d¥ wi a x51anW9ry4rtfMn Cmcoms Cryrwrwnty R¥b) Fwd cyderto lund paid Con¢luslon Th• perK•J ha5 be thaTiryJ because olthe iail ofthe CJ paThJ8rnk and Ihe (aw. tlll8 has r8quir¢d in our radio operat1$. Pa&jIa lo sa uard rYits yteerS and gts. Notstthets the arrAyJnts are in a hey posthn 1h resèrves and SLthtieni cash. Trustees and staff have used thal ¥duntEeT5' skills. We now t¢Th¥wd kn rhakry arr&18 fc*lhÈ fu ¢apaclty And audi. 8rn1 to begn F¥ecèss Ofb1In9 cur
TRUSTEES DIRECTORS REPORT FOR THE YEAR ENDED IIAY 31 Z024 FIIIANCIAL REVIEW The diTedors we pknsed 10 rwrtlh81 bakn atlA¥y 31 2024 is Ir kn surylus. Thg smal L¥ tinuin hawe F dLration Tru51 thjri edinknnd model based trading and 5rr641 grants as 75h d k) rerv effuts to 8thJ Iwlhor slakehoiders and 8UpF[S fmrn both public and kYi¥3te sectors. RISK MANAGEMÉNT RESERVES POUCY )rkiny c#pital sn sUPPOrt ol Operaths. In the liohl ofthis re¥w. the s6clors hav• rv50W Ihat ihe se•k to inuè8sè ts fr•e r•5•vv¢s' ILmrestricW t29.211. PLANS FOR THE FUTURE During Ihe F4ried and tho Rath) SWIM hB5 lo¢£•$s11Y brng broadcaEI with fvw inlervuptknn$ prem5 equipment Tho @¢irt9 StakehoiderwtyAs5 ha5 suc£88sl reia¥)ing y¢¥ the Lvwjinal thfe8 kéy 8kOh(ders IWI Park Housmw Trysl. Parthsf Green Housing TrLBI. (tth ltr cIryn5 have r•)w nxryed to lomi W&showe Cornunity Housry &oupl and Wyknensha Forum E¢xation Trust). This h•$ th• basi$ 01ts8rtsformatwJn to a n• nhylel wlh no peThan6nl pav# staff kn at lea51 the short tern. Thex stakehojdors conl¥AyJled some £10.OiKJ e f¥)arthl yearc7 ulèw tOSts rf needed. Thasts have suppknwnled by r9Sour n kind atso frorn WyV Fixum Eduubtin njst vakd al around £10.1). aTJ by srn41 grts. $ponsor5hips tsadthg. ntrol soth¥afg and sard. In surnmary. the Twu51ees cons#Jer Ihalts thwy Pas a lubn and that itwl t aw to to d•v•knp and G¢womlng Do¢um•nt The Chanty15 a cowy ltrnitad by 9JWan #nd18 9)wmed by its and Artrl¥ 01 A$sod8On dated Mh 30 2010. •5 anwded by spèc481 re$obi8 datsd ALYJLtst 1 2011 aTrl Tr&)v8mtw 27 2012. 11 bame rwi51ernd as 8 ch8Tilybith the Chavty commiss on Seplember 12011. The Dwecr5 bwe the Pert0 8thrAt•nypers¢n 4X oroanisation to mb•r5hp and al80 havt Ihe KK)wwtO rnTrV4e rnemt5. s48¢t to sakguards when this is in Ihe ihteresls of the company. Appolntmenl otDtr•¢torn and Trnst¢•s The Oireclors. who ar8 also the Trn$t. are ar$ted by Ihe meths. At oach AGM. tw Ihird of DYecter8 retire by rotAUoTr. bthg the knngE5t in offKe aThJ are eliglA• for Othei"Ih•n a rebrwJ the onty wpl• eluJ1.10rekntI)n as Iru8tees are ffj¢omrnerthd either by lh8 Tojstees ty by a t)*nknr fess 14 and not more Ihan 35dear
wYrHENSHAWE COMMUNI MEDIA .TRUSTEES AND DIRECTORS REPOITW FOR ThEYEAR ENDED MAY 312024 Dk•dors and R•murvJr8tlon Tru5W yJ Ihi8 alkm a m Thxt• rttrullrn¢n( Inducdofv •ThJ tralhlny 4wth th8 intgion of pro%xkng the bes¢ POSS 9)Vern kythe c4Jmpany and thB lutufe yth a raryje of5 ¢0 eacth other. th• st8ff. Ofherbthews. Atr Tru5tÈes arè e¥éthd to kne. orotheTise have a strong ffinitywlhWytWsha¥M. Ind1 inchhJès trnfnvj tl fm¢i)I ttstryy and WOSF¢Cts. and lh• hL8t£ry as a PTOrnt of the RAdKJ Regen, on lh8 Fan$ and &pwalims ofts rxgwisokn. Ther¢ has twn no formal training for Trwt88s to Organlsatlon operations oflhe Chanty ar• tho res[%btyd thri5 Pwl. athng CINef ExeathCryrry Sètrvtary and Coln lo . wlThi tho 8oaThJ haw degated i5sue5 related to cwtenl an¢J SGIIe. ocuOnl freebnce stafl are engaged on an hoLufy pald b85&5 from time to time. expected 10 oF•ate the overalstralegy agreed by the.Board. During th• Ihird financial DIRECTORS RESPONSIBILITIES pany law requires the tEUSlee$ to prepare fina4115t81ernents fcr e&hna[18l year. gi¥e atru• an<1 Iwr VBW olthe 51te of allairs of tho EhaFirabK• cornp aryj ofthe Ir¥ir0j rex¢8$ and appkation Qf r8sew(s. irtludlng the incLrfne and expen4(ture, of the chaniats ¢Thwany fDr Ihat pw'rvJ Ihese firowal slatements, the truth rewred to". sui OS 8ThJ IhÈ a • observe the methods arh nd estimates that are reas¢)nabl8 and • stale whelher a Icable UK fina io umè ntinu rdti financlal pts5 ofthè th*i¥A)le company aTrJ emb Ihem to er&we lha1 ffirwKia¢ Styleme c£AWy wilh Ihe Companiv8 Act 2LXJ6. TY aro also responsib for safeguwthry 955ets of Ihe ¢hwI8b cwr¥wy 4ThJ her8 fc¢ veafjonable SAIALL COAIPANY PROVlSlOtIS AND APPROVAL )ioJ
wYrHEP4SHAWE COMMUN MEDIA TRLISTEES AND OtECToRs REPORT INOEPENDENT EXAMhYERS REPORT . I report to the charity truste¥ on my ex•mlnJtion of the Kfourts"of the compw lor yeor ended MJY 31 2024 whlch are set out on pages 7 to 13. R•spOnbIlItI bals of rwt AS the ch¥ty trustees Ol thE rompany land akn its ect5 for the purposes of corwy lowl you are re5PDnslble fur the paratknn of the atttyjnts ITh a¢¢tydantt with the requtrements Compan$ Act ZlYJ6 Cthe 2006 A¢f). Havin9 Satisfied myself that the aCCDunts of the cornpany are nr reouirEd to be audited under 16 of the 2006 and ¥e ellglble for indepen¢ent ex6minatyon. I report In respect of my examinat of your companVs èccounts as carried out under seLtlon 145 of the Charttoes Act 2011 fthe 2011 A(Vl. lfi ca1r our my exarFunatioTr J hève folloyrtd the Dlrethoris given by the ChaFity'CornmisslJn urmler section 145(5)Ibl of the 2011 Aa. I have completed rny examNtw. I confirm Ih4t r¥) matt5 h3ve CDme to my attentlw In r¢Mectlpn with the exarrmnation givlng me cause to belve that In 4Thy marerfal respect.. accounknng retord5 were not kept in respett of CryTWy as retywEd by 386 Of 2006 Act,. ly * th¥ atoufits do ryJt acconl wlth those records: or the a¢untS do not cornp wth the a¢¢ovntyng requirements of sttion 396 of the 2006 Aa ofiT than any rewlrement that the accounts gfve a Inje and fair ¥lev4' which ts not a m4tyer as part of an IrPdent examlna¥on" or Practlce for accounting rew11 by chanties appItat th tharibes k¥eparfng their ac£ounts in accordance with the nandal ReportlThJ Stathda appllcablt in the UK and rte1¢ of Ireknnd {FRS 1021. l thave no concems 4r¥1 have coff across no fthr mèttu5 in (onti the examinauon to which attentloTr should be X0912024 For and on behalf of.. GA Accountants & nantial Consuttants Ltd Va Chittend•n Horl•y. Ch¥tertd A(ctartS Hyde House Cartwrl9ht strtet yde 'SK14 4EH
WrnIENSHAiIE COAIMUNITY IIEDIA FOR THEYEAR EIIDED 31 X24 Toi*l 24 2ts23 INCODIE 27931 27331 7,930 r yathtvd I TOTALINCOIAE 2A50 29.781 3.875 11.e45 29.781 EXPENUlfVIIE 16.0fy) 10.003 10.189 10, 189 TOTAL LYPENDMIRE 16.003 13.718 13.71• 1.416 10 15366 15X• 13.950 10 29.144 29.141 15.366 CONMNUWO OPÉRArnMS
TJYrnIENSHAWE COMMUN MÈO ALCE SHEET AS ATIIAY 312024 2023 Twyt4oass•Is IM7 2147 CURRENT ASSETS eash ai Wand in HaNI 13.776 f8,m REDifoR$ 4551 155T 13.219 29.144 15,366 FIJNDS Unrostrwtsd 10 10 21.144 1366 RestrKd TOTAL FUNDS 2B.144 15,366 dn
l AccrAIKnNG POUCIES 8•6ls of preparatiDn The hancial ststethxnts have been ywarod". thlerthe hi5trxic(ost lon. in [IKeWith th8 Sta18Tht of Reportiry Standard athb the UKand Repth 1r91al IFRS102leffethe Janry 1 201918ecoTrl ediltpn-othr The prepaAt#)ft of the financial #alem8nts r¢quv¢5 rn•geffwi kn make ptym8nts. ¢sknatss aswrrytion5 Ihat8ifecl IncNne receat4• can be Thasured rewabty. Th?fr4k)wg aKs to pwl)Jl8rtypes ofineem•'. and VAT. lrt•mt l¥ ortydofwred and 41thd Ih ¢ye(kn me unw th8 rk ha5 bean d Expoftdltut and Wrncoyth1tsVAT sdY L)•ny. % drged.
1 ACCOUKtING POUCIES (codI Tanglbl• fixed •ss•l• and •reclatloA strawt Ino ba¥s as setwt be. EquipThnt 2M3.3% swt Dgb¢w5 Cash at bank In h•nd Cash at bank hand fftrJd&s cash arwl short ism &Nes1mh a short mOttty olthr•• monlhs ty1¢ss frum lh¢ dote of acqw5tson wcgening oflhe I.1 or sir14¥L CditorS and are r¢¢ogrrised there has a w•s•ni oblp3alJn regjttwfrom a past 8VOrttthai will w0Y In the Iransl•rolfpxbtslO a Ihyd paty andthe arry>t dL lo sethp tht obWA cw b8 rneaswed or eslimated r8llabty. FlThanclal Instrum•nts
2024 2023 ant 2F.(¥JO 27.1 4.750 311 J31 4ft ID lnd lstrjth sw}.W FL¥um 27.337 27,J31 3 OTHÉR IRADING AeiNmES TTrdY#J I)m0 2.450 2.450 so 3.67S 3.675 TOYAL 2023 Freelan irth•gv4 Te¢hnal ar1 othor¢osts 1.740 f.591 4870 1.463 318 16 7J02 Gifts kn knd gupp¢rt¢oss" 1007 1.1•7 1.170 14196 1A70 14ty)3 525 10.189 1107 R•r 440 1.387 440 1440> D•prKialx
NOTES TO THE A¢COUtn• FOR TNE YEIII alDED IIAY 312024 O STAPF e0878 Y A8¥Ers Ewlpm•M atkn•12tr A •1 w 31 2D24 Jwwt 1 2023 Chxgo fortr•> 7A12 at Pjay 3121 7A12 *A4W312a24 A6 at hlay312023 23 8 oToRs &557
vrrnieNJHAwEeouMuMITY MEIXA NOTE8 TO 7Me AecouMf8 7Me EMoeD WAY ji X24 Gw71 éun 16.¢X¢3 The• 5rJ1rt024 10. 189 Fi•oasse 2.147 . 20.897 2.14Y Toi•l Flw•d ¥s8olA 2.147 2.147 12 TAXATIO