Apple Pie Enterprises Limited
(A Company Limited by Guarantee)
Company No: 5020144
Charity No." 1147901
Report and Finaneial Statements of Activities
For the year ended 31 March 2024

Apple Pie Enterprises Limited
Company No: 5020144
Clwity No." 1147901
Report and Financial Statements of Activities
for the year ended 31 March 2024
Contents
Page No
TTUStees' Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes
9-12

Apple Pie Enterprises (TIAApe Media)
Trustees, Report For the year ended 31 March 2024
A le Pie Enter
rises
T. A..A emedia
Trustees, Re
ort For the
ear ended 31 March 2024
The Trustees, who are also Directors of the charity for the purposes of the Companies A¢l present
their annual report and the financial statements for the year ended 31 March 2024.
The finan¢ial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their
accounts in a¢cordan¢e with the Financial Reporting Standards applicable in the UK and Republic
of Ireland (FRS 102- effective l January 2019), (Charities SORP- FRS 102) and the Companies
Act 2006.
Ob ectives andAclivities
or the Public Bene
To enable young people from disadvantaged communities to develop their skills in media and the
arts
To develop personal skills and attitudes thal will h¢lp young people in any profession they
choose.
To empower young people to take control of their lives and become matu￿. independent and
responsible members of society.
To help young people develop self-esteem and the ability to make go(Kl d￿lS1onS that will shape
their lives.
To promote equality and diversity within the creative Tndu5tries by working with local
communilies and developing the talent we find there.
To enable disadvantaged communities to find a voice across diverse media platfonn
Objectives (rhe activities we do)
To provide high quality inforniation, advTce, training and volunteering opportunities within the
media, entertainment and creative industries.
To provide educational and personal development opwrtunities within media and creative
industries, that inspire the participants, develop their skills and raise their aspirations.
To support and nurture new youth-led enterprises within the creative industries.
To work in partnership with young people and communities to produce work relevant to the
groups that will provoke. challenge and inspire.
To produce high quality, infonnative. programming that offers a depth of iT]sight into social,
community and cultural issues and captures of the authentic voice of diverse communities.
Pro
rammeAchievemenls/Hi
A5 we celebrate our remarkable 20th anniversary, APE MEDIA, situated in the vibrant heart of
Newham, East London, takes immense pride in our longstanding dedication to empowering young
people. Throughout two dynamic decades. we have continuously evolved to meet the diverse
needs of young people, their families, and our communities. We remain committed to providing
enriching opportunities that extend beyond the traditional school environment to truly benefit the
young people we serve.

Our mission is to addres5 the foundational challenges of wverty. injustice, and disadvantage
within our community-issues that are at the very heart of our work.
In response to the unprecedented chall¢nges ￿Sed by Covid-19, APE MEDIA, like many
charitable organizations, adapted its strategies. We re￿gnized the intensified social and economic
obstacles facing children. young people, and their families. The pandemic, coupled with the daily
pressures of rising living costs and constrained local budgets. has taken a profound toll.
Recent research from Young Minds, published on September 26, underscores the direct impact of
declining mental health on a child's ability to leam. APE MEDIA acknowledges the vitsl role of
arts in nurturing happiness, which, in turn, unlocks young people's pofrntial.
Operating within the London Borough of Newham and across London. we acknowledge the
unique challenges faced by our communities, particularly among the underserved. disadvantaged,
and Black and Minority Ethnic (BAME) populations. Our world has transfornied, and navigating
this post-covid, economically strained reality is a defining test of our collective character.
At APE MEDIA, we Te¢ogn12e that we cannot address the needs of our students and their families
in isolation. Collective action is our guiding principle. Collaborating with our partners, we've
defined collective action as hamessing our strengths, fostering collaboration among diverse
organizations. uniting people under a shared purpose, and passionately driving change together.
Our collective action will evolve as we learn from our experiences, forge stronger partnerships,
fund diverse opportunities, adapt to ch2nge. and share knowledge and skills.
Our Fla
shi
ecl This Year." Nelwork B
Funded by the lottery, our flagship project this year, Network B. h&$ been a resounding success in
supporting the media skills of Black and Brown young people in London. In parmership Thith
Walkwithw and Maritime Radio, we've given young people the chance to create their own
podcasts and gain real-life radio experiences.
We￿e engaged 17 young people thts year and are thrilled to announce that Ape Media, thanks to
GreenDAB LiTniied. will be awarded a DAB small-scale license. This will bring Network B
(from 2025) to a broader audience, providing ￿al broadcast opportunities to Black and Brown
communities and giving voice to their everyday experiences.
In this ever-evolving landscape, Ape Media has been at the fO￿fron¢ particularly through projects
like Network B. We've empowered Black and Brown children and all underserved young people
by equipping them with invaluable media skills and opportunities, thanks to our dedicated trusted
adults and delivery partners.
Financial Review
The results ofthe Company for the year are shown in the Annual Accounts set out on pages 10 to
14.
The Company had total income of £56,935 and total expenditure was £56,812. There was a
surplus l (deficit) of income over expendilllre of £123.

Funds and Reserves
The Directors consider this level of general reserves &s insufficient and are developing strategies
for fundraising. The Directors would like to reserve £10,000 for unexpected costs or fluctuations
in planned income.
Reserve Poli
The Board of Directors has examined the Companies requirement for reserves in light of the main
risks to the organisation for specific purposes or othenvise committed. The Board of Directors
considers that, given the nature of the Companies worL the level of reserves should be, to have
sufficient working capital to cover costs i.e. staff redundancies and closure costs at an), one time
and allow the charity to cope and respond to unforeseen emergencies whilst specific action plans
are implemented. In the short term the Board of Directors has also considered the extent to which
existing activities and expenditure curtailed, should such circumstances arise.
Risk Review
The major risks (Covid-19 and reliance on historic funders) to which the charity is exposed have
been reviewed and systems are being established to mitigate those risks. funding risk is being
addressed thmugh building new partnerships and diversifying sources of funding.
Members of the Board
Members of the Board. who are Directors for the purpose of company law and trustees for the
purpose of charity law, who served during the year and up to the date of this report are set out on
page l.
In accordance with company law, as the company's Directors. we certify that:
so far as we are aware, there is no relevant audit infonnation of which the company's auditors are
unaware "and
as the directors of the company. we have taken all the steps that we ought to have taken in order to
make ourselves aware of any relevant audit information and to establish that the charity's auditors
are aware of that inforniation.
Audit Exem
tion
As the Company's tumover was less than threshold. the Directors have exercised the light to full
exemption from audit of the Financial Statements.
erence andAdpninislralive In
Trustees."
ormalion
The trustees who served during the year ended 31 March 2024-
Mr. Richard Brooke (Chair l Director)
Sam Brown (Director/ Treasurer)
Ms. Angel Mills (Director / Trustees)
Mr Trevor Blackman (Director l Trustees)
istered O
Ice."
39A The Broadway
London E15 4BQ

Coryany No."
5020144
Charity No."
1147901
Bankers..
HSBC Bank PLC
59-61 The Mall
Stratford Centre
London. E15 IXE
Independeni Eraminers..
Glory Community Accounting Services
318 Barking Road
London
E13 8HL
onsibilities of the Boxrd of Direetors,
Company Law requires the Board of Directors to prepare financial statements for each financial
year, which give a true and fair view of the state of affairs of the charitsble company as at the
balance sheet and of its incoming resources and application of resources. including income and
expenditure for the financial y￿. In preparing those financial statements, the Board of Directors
are required to:
- Select suitable accounting policies and then apply them consistently
- Make judgment and estimates that are reasonable and prndent"
- State whether applicable accounting standards and Statement of Recommended Practice have
been followed. subject to any material departures disclosed and explained in the financial
statement and:
Prepare the financial statements on a going concern basis unless it is inappropriately to presume
that the company will Continue to operate.
The Board of Directors are responsible for keeping proper accounting records which disclose
with reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the financial statements ¢omply with applicable law. They are responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other itregularities
Approved by the Board of Directors, and signed on behalf by:
Trevor Blacknlan (Director)
10-1£-21

Independent Examiners Report to the Members of
Apple Pie Knterprises Limited (APE)
I report on the attached Financial Ststements for the year ended 31 March 2024, which are set
on pag¢s 8 to 13 and have been prepared on an accruol basis.
Respective responsibilities of Mallagement Committee and Examiner:
The trustees (who are also the directors of the company for the pUr￿)seS of company law) are
responsible for the preparation of the acwunts. The charity's trustees consider that an audit is
not required for this year under 5ertion 144 of the Charities Act 2011 (the Charities Act) and
that an independent examination is needed.
It is tny responsibility to-.
examine the accounts under section 145 of the Charities ACL
to follow Ihe prixedures laid down in the general directions given by the Charity
Commission under section 145{5Xb) of the Charities ACL and
to stat¢ whether particular matters have come to my attention.
Basis of Independent Ewniller's Ststement:
My examination was carried out in accordance with genernl directions given by the Charity
Commission. An examination includes a review of the accounting record5 kept by the charity
and a comparison of the accounts presented with those records. Jt also includes considerntion
of any unusual items or disclosures in the accounty and seeking explanations from the
trnstees concerning any such matters. The pr(thures undertaken do not provide all the
evidence that would b¢ required in an audi¢ and consequently no opinion 15 given as to
whether the accounts present a'true and fair view. and the rep)rt is limited to those ffiatters
set out in the ststement below.
Independent Examinergs StstemeDt:
In connection with my examination, no matter has come to tny attention to indicate th&t:
accounting records have not been kept in accordance with section 386 of the
Companies Act 2006
the ￿COllnts do not accord with such records
where accounts <1￿ Ptcparcd on a accrual ba51s. whether they fail to comply
with relevant accounting r¢quirements under section 396 of the Companies
Act 2006. or are not consistent and with the Charities SORP (FRS102)
any matter which the examiner b¢lieve5 should be dravm to the attention of
the reader to gain a proper understanding of the accounts.
Gkny CommiAIty Aeo)unting Fthvitts
318 ￿rkillE Ro
Plaiitow
IAbMdoll E13 8HL
Hasina Jahan (DFf, M Com. MAAT, MBA)
Glory Community" Ac¢ouTbting Services
318 Barking Road
Plaistow
ndon
E13 8HL
Date: io1lLlI4

Apple Pie Enterprises Limited
Statement of Financial Activities
For the year ended 31 March 2024
ID¢ome
Not￿ Restricted U]]restricted
Funds
Funds
Total
2024
Total
2023
Income from Charitable Activities
56,740
56,740
46,390
Income from other activities
195
195
200
Total Income
56,740
195
56,935
46,590
enditure
Expenditure on Charitable activities
55,166
1,646
56,812
90,567
Total Expenditure
55,166
1,646
56,812
90,567
Net Income l (Expenditure)
1,574
(1.451)
123
(43.977)
Fund brought forward
(27,309)
26.026
(1,282)
42.695
Total Funds carried forward
25,73
24,575
82

Apple Pie Enteryrises Limited
Balance Sheet as at 31 March 2024
Notes 2024
2023
ed Assets
TaL8ible Assets
109
156
Current As$ets
C&sh at Bank l in hand
Currellt Liabillties
Creditot5.'
(amount falliug due within a year)
232
62
(1,500)
(1.500)
Net Current Aslets l (Liabilitses)
(1268)
(1.438
Ne¢ Assets
Totsl
(1,159
1.159)
{1.282}
11282
Funds and Res¢rYes
Restiicted Funds
Unr¢stiicted Funds
Totsl
(25.735)
24.576
(1.1591
(27.309)
26.027
11,282
For the year ended 31 March 2024 the Companywas entitled to eXe￿￿tiOn from audit under
s¢¢tioll 477 of the Companies Act 2iK16 Telaiing to small companies.
Director's responsiljilities:
- the menib¢rs have not requiT¢d the company to s)btain an audit in accordjikce with wtlon 476 of
the Companies Act 2006.
- the directors ackowledg¢ their ￿spOnSI7)i11ties for comptying with the requirements of the Act
with respect EO acco[￿tillg records and the prepardtioj) of accounts:
- these accounts have be¢JJ prep8Th1 in accordance with the provisiolls appJithl¢ to
mpanies subject to the small Companies, regime.
Approved by the Boanl of Trustee's and Signed on belmlf bT.
Trevor Blackman (Directorl Ttusle￿}
Dale . 1.0. lJ.L./.2L).2£*

Apple Pie Enterprises Limited
Notes to the Financial Statements for the year ended 31 Mareh 2024
l. Accounting Policies
(a} Basis of preparation and assessnTrent of going concern:
The fLnancial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice (SORP) applicable to charities preparing their a￿OuntS in
accordance with the Financial Reporting SLqndards applicable in the UK and Republic of Ireland
{FRS 102- effective l January 2019) - (Charities SORP - FRS 102) and the Companies Act 2006.
The Charitable Compally meets the definition of a public benefit entity under FRS 102.
The Financial statements have been prepared under the historical cost or traDsaction value unless
otherwise stated in the relevant accounting policy or note. Company without finther specified purpose
available as general funds.
(b) Unrestricted Funds
Unrestricted incom¢ funds comwise those funds which the trwstees are free to use for any purpose
and are in fi￿the[all¢e of the charitable objects.
(c) Restricted Funds
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by the donor .
(d) Income reeognition
All income is recognised once the charity has entitlement to the income. there is sufficient
certainty or receipt and so it is probable that the income will be received, and the a]nount of income
receivable cau be measured reliably.
(e) Expenditure recognition
Expenditure are recognised as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that settlement will be required and the
amount of the obligation can be measured reliably.
All expenditure is accounted tor on an aCcn￿lS b&8is. All expenses. including support costs and
governance costs. are allocated or ap￿rtIoned to the applicable expenditure headings in the
statement of financial activities.
(fj Alloeation of support 2nd governante costs
Supp)rt costs are those functions tbat assist the work of the cbarity but do not directly
undertake clwitable actLVlties.
Governance costs cofftprise all costs involving the public accountability of the charity and its
compliance with regulation aJ]d good practice.
(g) Charitable activities
The expenditure on charitable activities includes grants made, governance costs and
of support costs as shown in note.

Apple Pie Enterprises Limited
Notes to the Financial Statements for the year ended 31 March 2024
(h) Pensions
Employees of the charity are entitled to join a work place pension scheme which
is funded by contributions from employee and employer or alternatively they may have
opted to join the group money purchase def￿ed contribution pension scheme.
(i) Corporntion Taxation
The charity Rs exempt from tax on income and gains falling within section 505 of the Taxes
Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that
these applied to its charitable objects.
(i) Fixed Assets .
All &ssets costing more than £500 are capitajised and valued at historical cost.
Depreciation is provided at the following atmual rates in ordeT to Nvrite off each assets over its
estimated use￿1 life.
Fixtures and fittings - 250/0 on redueing balance
Computer- 330/0 on redu¢Rng balance
2. Income from Charitable Activities
Re5tticted Unr¢strict¢d
Funds
Funds
2024
Total
2023
Tolal
Edmonton Community
BBC Children in need
Big Lottery
Bulgarian Centre
Mayors office
Total Income
33.075
9.710
9.955
4,000
33.075
9,710
9.955
4,000
24,580
20.310
1.500
46 J90
56,740
56,740
3. Income from other aclivities
Restricted Unrestricted
Funds
Funds
2024
Total
2023
Total
Donation l Other Income
195
195
200
Total Ineome
195
195
200
io

Apple Pie Enterprises Limited
Notes to the Financial Statements for the year ended 31 March 2024
4. Expenditure on Charitable activities
Restricted Unrestricted
Funds
Funds
2024
Total
2023
Total
Freelance Staff costs
Events / Production
Tutor / Master Classes I Consultant
Rent / Rate I Venue hire
Telephone / Internet / Website
Insurance
Sn]all equipment
Support & Governance Costs {5)
Depreciation expenses
MentOTing expenses
Volunteer expenses
Heat & Light
Bank charges
Sundry expenses
Publicity
Total
13.132
16,213
6,440
13,320
2.776
600
1,000
13,132
16,213
6,440
13.320
2,776
600
1,000
1,513
47
loo
500
7.039
41,470
12,700
22,319
812
625
loo
1,513
129
2.800
300
600
60
100
1.513
47
loo
500
60
25
60
25
1.084
56.812
1,084
55,166
1,646
90,567
Restricted
Funds
Unrestricted
fund
2024
Totsl
2023
Total
5.Support & Governance Costs
Legal fee & Other
Accountancy Fee
Total
13
1,500
1,513
13
1.500
1,513
13
1.500
1,513

Apple Pie Enteryrises Limited
Notes to the Financial Statements for the year ended 31 Mareh 2024
6. Tan
ible Fixed A55ets
Fixtures
Music &
Total
Total
2024
2024
2024
2023
Cost as at start of the y
Additional
16.179
11.271
1.000
12,271
27,450
1,000
28.450
27,450
1,000
28,450
16,179
Depreeiation
As at 31 March 2023
Charge for the Year
As at 31 March 2024
Net Book Value as al 31 March 2024
16,124
14
16.138
41
12,170
34
12,204
67
28,294
47
28,341
109
28,165
129
28,294
156
7. Creditors
Accrual ex
enses
2024
Total
2023
Total
Accountancy fees
Total
1,500
1,500
1,300
iJoo
12