2021-12-31-accounts

CONTENTS	PAGES
Reference & Administrative Information
Trustees' Annual Report	2-3
Statement of, Trustees' Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes tothe Financial Statements	8-14

Registered	office:	Unit 14,
		Park Royal Metro Centre,
		Britannia Way,
		London,
		England,
		NW10 7PA
Trustees:		Mr Malcolm Steer (Chairman)
		Mr Roy Kemp (Treasurer) —resigned 12April 2021
		Mr Samuel Bazmjou
		Mr John Clark —resigned 12April		2021
		Mrs Rachel Fadipe (Secretary)
		Mr Panayiotis Keenan (Company		Secretary)
		Mr Terence Ascott
		Miss Rita El-Mounayer	- resigned	12April 2021
Independent	examiner:	Joshua Kingston BScACA
		Burton Sweet Limited
		Chartered Accountants
		The Clock Tower
		5 Farleigh Court
		Old Weston Road,
		Flax Bourton,
		Bdstol, BS481UR
Bankers:		Barclays Bank PLC,
		Acorn House,
		36-38 Park Royal Road,
		London, NW10 7JA
		Triodos Bank,
		Deanery Road,
		Bristoi BS15AS
Solicitors:		Wellers Law Group LLP (incorporating			Cooke Matheson	Solicitors),
		7-8 Gray's inn Square,
		Gray's inn,
		London WC1R 5JQ

				Total funds	Total funds
				2021	2020
			Note
Income from:
Charitable activities
Television production	income			480,292	521,206
Rental income					2,100
Total income				480,282	523,366
Expenditure on:
Charitable activities				510,027	481,136
Total expenditure				510,027	481,136
Net income/(expenditure)		for the period		(29,735)	42,170
Total funds brought	forward		10	194,176	152,006
Total funds carried forward			10	164,441	194,176

				2021	2020
			Note
Fixed Assets
Tangible fixed	assets			73,447	110,764
Current assets
Debtors				27,113	7,889
Cash at bank				88,808	91,810
				115,921	99,699
Creditors: Amounts		falling
due within one		year		24,927	16,287
Net current assets				90,994	83,412
Net assets				164,441	194,176
Unrestricted	funds
General funds				90,994	83,412
Designated funds				73,447	110,764
Total funds				164,441	194,176

Expenditure on Chari	t	able activities
			Total funds	Total funds
			2021	2020
Direct costs Production Broadcasting			117,917 19,210	97,231 8,619
			137,127	105,850
Salaries Gross salaries Employer's NIC Pensions Other staff costs			250,835 14,176 6,278 309	256,757 13,524 6,406 200
			271,598	276,887
Support costs Freight and transport Travel &subsistence Hospitality 8 gifts Software Studio maintenance and cleaning Legal and professional fees Depreciation Rent and storage Utilities Office supplies Telephone 8 internet Printing, postage and stationery Insurance Sundry costs Governance costs			150 3,553 807 2,195 9,957 108 46,303 25,331 4,064 1,273 2,395 190 929 2,047 2,000	37 2,514 800 726 7,805 1,264 46,938 25,331 3,541 1,067 1,628 100 973 3,291 2,384
			101,302	98,399
Total costs			510,027	481,136

This is state	d aft	er cha	rging:
							Total Funds	Total Funds
							2021	2020
							F
Depreciation							46,303	46,938
independent	examiner's		fee:
For independent		examination					1,000	953
For preparation		of statutory		accounts			1,000	952
(Over)/under	accrual on		prior	year independent	examination	fee		303

The aggregate	payroll costs were:
		Total Funds	Total Funds
		2021	2020
Wages 8 salaries		250,835	256,757
Social security	costs	14,176	13,524
Pensions		6,278	6,406
Other staff costs		309	200
		271,598	276,887

		2021	2020
		No.	No.
Number	ofstaff	14	15

6	Tangible fixed assets	Tangible fixed assets
			Studio Fixtures	Studio	Office	IT
			8 Fittings	Equipment	Equipment	Equipment	Total
					K		F
	Cost
	At 1 January 2021		237,286	182,423	7,746	42,163	469,618
	Additions			2,191	2,368	4,427	8,986
	At 31 December 2021		237,286	184,614	10,114	46,590	478,604
	Depreciation
	At 1 January 2021		187,299	131,890	4,614	35,051	358,854
	Charge for the year		25,946	15,816	1,247	3,294	46,303
	At 31 December 2021		213,245	147,706	5,861	38,345	405,157
	Net book value
	At 31 December 2021		24,041	36,908	4,253	8,245	73,447
	At 31 December 2020		49,987	50,533	3,132	7,112	110,764
7	Debtors
					2021		2020
					f.
	VAT reclaimable				12,036		3,848
	Other debtors				15,077		4,041
					27,113		7,889
8	Creditors: Amounts	falling due	within one year
					2021		2020
	Trade creditors				12,078		5,513
	Accruals and deferred	income			7,985		7,905
	Other liabilities				4,864		2,869
					24,927		16,287

operating le	ases as follows:
				2021		2020
				Land &		Land 8
				Buildings		Buildings
Within one year Within 2 to 5years				26,250 108,000		24,000 6,000
Movement	in funds
		At				At
		1Jan				31 Dec
		2021	Income	Expenditure	Transfers	2021
			f.
Unrestricted	funds
Designated fund General funds		110,764 83,412	480,292	(46,303) (463,724)	8,986 (8,986)	73,447 90,994
Total funds		194,176	480,292	~510,027		164,441
Prior year comparative
		At				At
		1Jan				31 Dec
		2020	Income	Expenditure	Transfers	2020f
Unrestricted	funds
Designated fund General funds		151,707 299	523,306	(46,938) (434,198)	5,S95 (5,995)	110,764 83,412
Total funds		152,006	523,306	~481,136		194,176

Analysis ofnet assets between funds As at 31 December 2021	Tangible Fixed assets F	Cash held	Other Net assets	Total E
Unrestricted funds General funds Designated funds	73,447	88,808	2,186	90,994 73,447
	73,447	88,808	2,186	164,441
Prior year comparative As at 31 December 2020	Tangible Fixed assets f.	Cash held	Other Net assets F	Total
Unrestricted funds General funds Designated funds	110,764 110,764	91,810 91,810	(8,398) ~8,398	83,412 110,764 194,176