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|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|
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|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|||||
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|||||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|
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|||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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