Radio Harrow, Charitable Incorporated Organisation
Registered with the Charity Commission, number 1161203
Trustees’ Report and Financial Statements for the year ending 30 September 2024
Trustees
Mr. Charles Biggie Mr. Jonathan Hart Mr. Andrew Bottcher Ms. Kate Pole (to 16/08/2024)
Trustees’ Annual Report
The Trustees present their Report and Accounts for the year ended 30th September 2024.
The Trustees have considered their duties in accordance with the Charity Commission's regulations. The review of activities and achievements is contained below, and the Trustees believe that it gives a true record of the work the charity has done in fulfilling its charitable purposes for public benefit.
The Trustees believe they have complied with their duty, contained in Section 4 of the Charities Act 2011, to have due regard to public benefit guidance published by the Charity Commission.
Organisation
Radio Harrow is a Charitable Incorporated Organisation registered in England and Wales on 8th April 2015 and governed by a constitution signed on 23rd March 2015.
Radio Harrow broadcasts online via its website, and the TuneIn App.
Radio Harrow is managed by the Charity Trustees, the majority of whom are elected by the membership.
Throughout the year, Radio Harrow continued to operate with no paid staff, being run entirely by a membership of volunteers.
This Report and the attached Accounts have been produced in accordance with the guidance provided by the Charity Commission in its “Receipts and Payments Accounts Pack (CC16)”
Charitable Objectives
Radio Harrow has two objectives:
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The relief of sickness, poor health and old age amongst people living in the London Boroughs of Brent, Harrow and Ealing by providing a local broadcasting service for hospitals, residential homes and similar institutions, and for patients receiving community care; and
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The advancement of health and prevention or relief of sickness for the public benefit through the promotion of the benefits of living a healthy lifestyle, and the importance of maintaining good personal mental and physical health by (mainly, but not exclusively) the means of broadcasting health education messages to people living in the London Boroughs of Brent, Harrow and Ealing.
These objects are based on the model wording agreed between the Hospital Broadcasting Association (HBA) and the Charity Commission.
The Trustees declare that they are;
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Aware of the Charity Commission Guidance on Public Benefit.
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Have taken it into account when making a decision to which the guidance is relevant.
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If they have decided to depart from the guidance, they have a good reason for doing so.
Related Organisations
Radio Harrow is a member of a number of support organisations for the voluntary sector.
Radio Harrow is a member of the Hospital Broadcasting Association (HBA), the national charity that supports and promotes hospital, health and wellbeing broadcasting in the UK; and the Community Media Association (CMA), the organisation which supports and advocates for community broadcasters.
London North West University Healthcare NHS Trust (LNWUH) manages Northwick Park Hospital (NPH), where Radio Harrow’s studio and broadcast infrastructure is based. NPH is one of three hospitals managed by the Trust. Radio Harrow has continued to work with the Hospital Trust in providing both a patient focused entertainment service as well as a more outward looking health related broadcasting experience. However, following the imposition in March 2020, of Government restrictions arising from the Covid-19 pandemic, Radio Harrow has had to adapt its operations both within Northwick Park Hospital and externally.
Financial Review
Radio Harrow were grateful for the receipt of grants totalling £600 from the Jack Petchey Foundation, funding activities and fulfilment for our volunteers aged under 25 years old, in accordance with the Foundation’s aims. Radio Harrow’s association with the Jack Petchey Foundation continues, however, and the Charity looks forward to fulfilling its activities with its younger volunteers under this funding programme in the future.
The Charity were additionally grateful to the Estate of long-term supporter, Paul Easton, for a legacy of £1,000. Paul was a founder member of Radio Northwick Park, whose operations and assets were absorbed into Radio Harrow at its outset.
Radio Harrow’s policy regarding the level of cash and investments is to have funds available to meet liabilities as they fall due, meet contingencies, and augment any capital expenditure from time to time as appropriate.
The Trustees have considered the level of free reserves, that is those funds not tied up in tangible fixed assets and other designated or restricted funds, which amounted to £28,666 as at 30[th] September 2024 and represents 41 months of unrestricted expenditure.
The Trustees’ free reserves target, at a minimum, is to cover the costs of running the organisation for a period of up to six months. This would require minimum free reserves of around £4,5000. The current higher level of reserves is held for investment in known future expansion of operations to other hospitals and similar institutions in the areas covered by Radio Harrow.
CHARLES BIGGIE 8 November 2024
JONATHAN HART
Radio Harrow
Statement of Financial Activities
| For the year ended 30 September 2024 Notes Incoming resources 8 Incoming resources from generated funds Voluntary Income 1,891 Activities for generating funds 165 Incoming from charitable activities Other incoming resources 1,100 Investment income 1,005 Total incoming resources 4,161 Resources expended 9 Costs of generating funds Charitable Activities 8,428 Total resources expended 8,428 Unrealised Gain /(Loss)on investments 1,215 Net movement in funds (3,052) Reconciliation of funds: Total funds balance brought forward 35,777 Total funds balance carried forward 32,725 Unrestricted Funds £s |
600 600 152 152 448 1,155 1,603 Restricted Funds £s |
2023/24 2022/23 Total £s Total £s 1,891 2,320 165 252 600 1,200 1,100 1,338 1,005 862 |
|---|---|---|
| 4,761 5,972 8,580 7,572 |
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| 8,580 7,572 1,215 1,612 |
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| (2,604) 12 36,932 36,920 |
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| 34,328 36,932 |
Radio Harrow
Balance Sheet
| As at the year ended 30 September 2024 Notes Fixed Assets Brought forward acquistion value 107,265 Asset purchases less disposals in the year 736 Brought forward depreciation (102,874) Net depreciation in the year (1,068) Net tangible assets 2 4,059 Current assets Debtors falling due within one year 3 764 Investments 4 20,701 Short-term deposits 7,462 Cash at bank and in hand 216 29,143 Creditors: amounts falling due within one year 5 (477) Net current assets 28,666 Net Assets 32,725 Funds 6 7 32,725 Total funds 32,725 Unrestricted Funds £s |
14,139 260 (13,938) (152) 309 - - 1,699 - 1,699 (405) 1,294 1,603 1,603 1,603 Restricted Funds £s |
2023/24 2022/23 Total £s Total £s 121,404 120,340 996 1,064 (116,812) (115,614) (1,220) (1,198) |
|---|---|---|
| 4,368 4,592 764 886 20,701 18,786 9,161 13,077 216 564 |
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| 30,842 33,313 (882) (973) |
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| 29,960 32,340 |
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| 34,328 36,932 |
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| 34,328 36,932 |
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| 34,328 36,932 |
Radio Harrow
Notes to the accounts for the year ended 30 September 2024
| 1 | ACCOUNTING POLICIES | Accruals Basis | ||||
|---|---|---|---|---|---|---|
| 2 | TANGIBLE FIXED ASSETS | Cost | ||||
| As at 01/10/2023 | 121,404 | |||||
| Addtions in the year | 996 | |||||
| 122,400 | ||||||
| Depreciation | ||||||
| As at 01/10/2023 | (116,812) | |||||
| Net depreciation for the year | (1,220) | |||||
| (118,032) | ||||||
| Net Book Value at 30/09/2024 | 4,368 | |||||
| 3 | DEBTORS | |||||
| Accrued Income | - | |||||
| Prepayments | 764 | |||||
| 4 | CURRENT ASSET INVESTMENTS | 764 | ||||
| Unit Trust Investments | ||||||
| Market Value at 01/10/2023 | 18,786 | |||||
| Dividends and interest paid | 700 | |||||
| Unrealised gain in market value | 1,215 | |||||
| Market Value at 30/09/2024 | 20,701 | |||||
| 5 | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| Trade Creditors | 344 | |||||
| Accrued expenditure | 133 | |||||
| Provision for unspent grant | income | 405 | ||||
| 882 | ||||||
| 6 | UNRESTRICTED FUNDS | |||||
| Incoming | Outgoing | |||||
| Brought forward | Resources | Resources | Carried Forward | |||
| 35,777 | 5,376 | (8,428) | 32,725 | |||
| 7 | RESTRICTED FUNDS | |||||
| Incoming | Outgoing | |||||
| Brought forward | Resources | Resources | Carried Forward | |||
| 1,155 | 600 | (152) | 1,603 |
Radio Harrow
Notes to the accounts for the year ended 30 September 2024
| 8 INCOMING RESOURCES Incoming resources from generated funds Donations Legacy OTHER Fundraising events and commercial income Investment Income Membership subscriptions CHARITABLE ACTIVITIES Grants 9 RESOURCES EXPENDED Costs of Generating Funds CHARITABLE ACTIVITIES Volunteer costs Equipment and Maintenance Office Overheads Internet and streaming Subscriptions Licences and Insurance Depreciation of Tangible Assets Charles Biggie Trustee 08 November 2024 |
891 1,000 165 1,005 1,100 600 |
|---|---|
| 4,761 | |
| - 5 768 573 2,095 354 3,565 1,220 |
|
| 8,580 | |