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|||||||Year Ended|Year Ended|
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|31 October|31 October|
|||Notes|Funds
F|2021|Funds 2021|2021f|2020|
|INCOME FROM||||||||
|Donations
& Legacies||||4,039||4,039|1,747|
|Charitable
activities|||25,364||96,391|121,755|86,308|
|Other Trading
Activities||||800||800|500|
|Investment
Income||||34||34|159|
|TOTAL INCOME|||30,237||96,391|126,628|88,714|
|RESOURCES EXPENDED||||||||
|Charitable
Activities||||3,083|89,233|92,316|78,685|
|TOTAL EXPENDITURE||||3,083|89,233|92,316|78,685|
|NET INCOIVIE (EXPENDITURE) & NET MOVEMENT||||||||
|IN FUNDS FOR THE YEAR|||27,154||7,158|34,312|10,029|
|Gross Transfer between|funds|14||(188)|188|||
|RECONCILIATION
OF|FUNDS|||||||
|TOTAL FUNDS BROUGHT|FORWARD|14|15,087||11,895|26,982|16,953|
|TOTAL FUNDS CARRIED FORWARD||14|42,053||19,241|61,294|26,982|
##
##
|STA|TEMENT||OF|CA|SH FLOWS F|OR TH|E YEAR ENDING 31|STOCTOBER 2021||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||E|E|
|Net movement
in funds||||||||34,312|10,029|
|Add back depreciation||||||||1,783|2,227|
|Deduct investment|income|||||||(34)|(159)|
|Decrease/(increase)|in debtors|||||||375|(3,670)|
|Increase/(decrease)|in creditors|||||||(12,326)|21,149|
|Net cash used in|operating||activities|||||24,110|29,576|
|Cash flows from|investment||activities:|||||||
|Interest||||||||34|159|
|Purchase offixed assets||||||||(478)|(2,707)|
|Net cash provided|by investing|||activities||||(444)|(2,548)|
|Increase/(decrease)|in cash||and|cash equivalents||during|the year|23,666|27,028|
|Cash and cash equivalents||brought|||forward|||36,343|9,315|
|Cash and cash equivalents|||carried forward|||||60,009|36,343|
##
##
##
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##
##
##
|||||Unrestricted|Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
|||||Funds||Funds|Total 2021|
|Grants:||||||||
|Tudor Trust
-less deferred
to 2022
WEA||||||24,000
(5,500)
11,771|24,000
(5,500)
11,771|
|Betty Messenger
Foundation||||||960|960|
|-less deferred to 2022
Radio Nation||||||(960)
850|(960)
850|
|One Manchester||||||4,638|4,638|
|University
of Salford||||||4,950|4,950|
|MACC||||||500|500|
|We Love Manchester||||||4,000|4,000|
|-less deferred to 2022||||||(3,000)|(3,000)|
|Foyle Foundation||||||4,000|4,000|
|Garfield Weston||||||6,500|6,500|
|Bring Joy Foundation||||||1,330|1,330|
|MCC Covid Support||||6,163|||6,163|
|Arnold Clark Community|Fund|||||1,000|1,000|
|WSH BME Network||||||500|500|
|MCC - VCS||||||12,600|12,600|
|- less deferred to 2022||||||(1,800)|(1,800)|
|Uber||||||4,725|4,725|
|Opens Fund||||||15,782|15,782|
|-less deferred to 2022||||||(3,156)|(3,156)|
|Community
Radio Fund||||||3,834|3,834|
|Audio Content
Fund||||||6,600|6,600|
|Coronavirus
Job Retention Scheme||||||2,267|2,267|
|Total Grants||||6,163||96,391|102,554|
|Shows 8 Show Subs||||5,229|||5,229|
|Radio Training|||||250||250|
|Radio Advertising||||13.722|||13,722|
|||||19,201|||19,201|
|||||25,364||96,391|121,755|
|INCOME FROM OTHER|TRADING|ACTIVITIES||||||
||||Unrestricted|Restricted||||
||||Funds|Funds||Total 2021|2020|
|||||K||f||
|Service Charge (to ALL
Other Income|FM Training|Ltd)|800|||800|800
300|
||||800|||800|500|
##
||Prior Year income from Charitable|Prior Year income from Charitable|Activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||
|||||Funds|Funds|Tota I 2020|
||Grants:||||F|f|
||Tudor Trust||||21,500|21,500|
||Forever Manchester||||1,940|1,940|
||MCC —Wellbeing||||2,550|2,550|
||MCC
—Covid Support|||5,000||5,000|
||CAF Fund||||5,125|5,125|
||Hate Crime Awareness||||1,000|1,000|
||MCC
—VCS||||12,600|12,600|
||-less deferred
to 2021||||(1,800)|(1,800)|
||Big Lottery - Awards for All||||5,600|5,600|
||European
Social Research|Council|||952|952|
||ESFCommunity
Grant||||11,540|11,540|
||Uber||||4,725|4,725|
||-less deferred
to 2021||||(4,725)|(4,725)|
||Opens Fund||||7,102|7,102|
||-less deferred to 2021||||(6,313)|(6,313)|
||Community
Radio Fund||||7,668|7,668|
||-less deferred to 2021||||(3,834)|(3,834)|
||Audio Content
Fund||||6,600|6,600|
||-less deferred to 2021||||(6,600)|(6,600)|
||Dragons Voice||||306|306|
||Coronavirus
Job Retention|Scheme|||2,379|2,379|
||Total Grants|||5,000|68,315|73,315|
||Shows & Show Subs|||4,648||4,648|
||Radio Training|||1,550||1,550|
||Radio Advertising
Fundraising
Events|||4,540
2,255
12,993||4,540
2,255
12,993|
|||||17,993|68,315|86,308|
|4|NET INCOMING
RESOURCES FOR||THE YEAR||||
||||||2021|2020|
||||||F|F|
||The net incoming
(outgoing)
resources are stated after charging:
Depreciation
(owned assets)
Iddt
Examination||||1,783
720|2,227
720|
##
##
|||Activities|Total 2021|Total 2020|
|---|---|---|---|---|
||||f|f|
|Expenditure
on Charitable|Activities||||
|Employment
Costs||49,110|49,110|44,853|
|Freelance
& Casual Workers||23,775|23,775|13,640|
|Commission||500|500|100|
|Beneficiary Travel &Subsistence||144|144||
|Room Hire||700|700||
|Donations||50|50||
|Volunteer
Expenses||11|11|93|
|Licences & Permits||3,363|3,363|3,339|
|Travel &Subsistence||199|199|432|
|Technical Sundries||217|217|184|
|Advertising||503|503|123|
|Catering
& Refreshments||||360|
|Support Costs||13,024|13,024|14,841|
|Governance
Costs||720|720|720|
|||92,316|92,316|78,685|
||||2021|2020|
|Restricted funds|||89,233|67,012|
|Unrestricted
funds|||3,083|11,673|
||||92,316|78,685|
||NOTES TO THE ACC|NOTES TO THE ACC|NOTES TO THE ACC|OUNT|S FOR TH|S FOR TH|S FOR TH|E YEAR ENDE|E YEAR ENDE|E YEAR ENDE|D|31|OC|TOB|ER 2021||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|6|ALLOCATION
OF GOVERNANCE|||AND|SUPPORT|||COSTS|||||||||
|||||||||General|||||||||
|||||||||Support|||Governance||||2021 Total|Total 2020|
||Employment
Costs|||||||||548|||||548|595|
||Premises Costs
Professional
Fees||||||||5,544
600||||||5,544
600|7,590|
||Heat, Light 8 Water|||||||||240|||||240|240|
||Consultancy|||||||||160|||||160|645|
||Insurance||||||||1,941||||||1,941|1,846|
||Publications
8 Subscriptions|||||||||186|||||186|92|
||Computer
Software|||||||||216|||||216||
||DBSChecks|||||||||96|||||96|48|
||Telephone||||||||1,012||||||1,012|889|
||Internet|||||||||676|||||676|638|
||Post, Printing
8 Stationery|||||||||9|||||9|22|
||Depreciation||||||||1,783||||||1,783|2,226|
||Accountancy||||||||||||720||720|720|
||Bank Charges|||||||||13|||||13|10|
||||||||||13,024||||720||13,744|15,561|
|7|STAFF NUMBERS AND COSTS||||||||||||||2021|2020|
||Staffcosts were as follows:|||||||||||||||F|
||Salaries and wages||||||||||||||48,143|44,094|
||Social security costs||||||||||||||||
||Pensions||||||||||||||1,515|1,354|
||||||||||||||||49,658|45,448|
||The average
number|ofemployees||during the||year was|||as|follows;|||||||
||||||||||||||||Number|Number|
||Management
&Administration||(full|time equivalent:1)|||||||||||2|2|
||Services (full time equivalent:||1)||||||||||||2|2|
||||||||||||||||4|4|
||Along with the trustees, the key management|||||personnel|||is|the station||manager.|||||
||The total employment
benefits,
including
employer
pension
contributions
personnel
were F25,047 (2020:F20,984). No employee
has benefits
in||||||||||||ofthe key management
excess ofF60,000.||||
|8|TANGIBLE FIXEDASSETS|||||||Building||||Studio|||Computer|Total|
||||||||Improvements||||Equipment||||Equipment||
||COST||||||||||||F||F|E|
||At 1 November 2020||||||||17,619||||25,498||2,904|46,021|
||Additions|||||||||195|||||283|478|
||Disposals
At 31 October 2021||||||||17,814||||25,498||3,187|46,499|
||DEPRECIATION||||||||||||||||
||At 1 November 2020|||||||||2,292|||24,722||2,639|29,653|
||Charge for Period|||||||||1,198||||377|208|1,783|
||Disposals
At 31 October 2021|||||||||3,490|||25,099||2,847|31,436|
||NET BOOK VALUE||||||||||||||||
||At 31 October 2021||||||||14,324|||||399|340|15,053|
||At 31 October 2020||||||||15,327|||||776|265|16,368|
##
|NOTES TO THE ACCOUNTS FOR
|THE YEAR ENDED 31OCTOBER 2021||
|---|---|---|
|DEBTORS|2021f|2020|
|Debtors
Prepayments|3,613
1,414|1,940
801|
|Other Debtors|12,253|14,914|
||17,280|17,655|
||Other tha|n detailed
below|debtors and pre|payments
relat|ed to unrestricted
fu|nds
in 2021 and 20|20.|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||F|F|
||Other Debtors|||Restricted|Grant: WEA|605|6,924|
|||||||605|6,924|
|10|LIABILITIES:AMOUNTS||FALLING DUE|WITHIN ONE YEAR||2021|2020|
|||||||F|F|
||Creditors|and Accruals||||8,609|12,035|
||Other Creditors|||||7,481|7,579|
||Other Taxes and Social Security Costs|||||552|498|
||Deferred|Income||||14,416|23,272|
|||||||31,058|43,384|
||Other tha|n detaile|d
below cr|editors and acc|ruals|re|lated to|unrestrict|ed|funds
in 2|021 and 2020.||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2021|2020|
|||||||||Deferred||Income|14,416|23,272|
|||||||||Creditors|8|Accruals|8,609|10,994|
||||||||||||23,025|34,266|
|11|DEFERRED INCOME||||||||||2021|2020
f|
||Deferred|income|comprises|ofthe following|paid|in|advance.||||||
||Balance|as at 1st|November|2020||Deferred||Grant|||23,272|7,400|
|||||||Deferred||Training|income|||900|
||Amount|released|to income|earned from charitable|||activities||||(23,272)|(8,300)|
||Amount
Balance|deferred
in the year
as at 31stOctober||2021||Deferred||Grants|||14,416
14,416|23,272
23,272|
|MCC - VCS||1,800|
|---|---|---|
|Tudor Trust||5,500|
|Opens Fund||3,156|
|We Love Manchester||3,000|
|Betty Messenger|Foundation|960|
|||14,416|
##
##
##
||||At 1st||||At 31st|
|---|---|---|---|---|---|---|---|
||||November|Incoming|||October|
||||2020|Resources|Expenditure|Transfers|2021|
|||||E|E|||
|Audio Content
Fund||||6,600|(6,603)|||
|Coronavirus
Job Retention Scheme||||2,267|(2,267)|||
|WEA||||11,771|(9,158)||2,613|
|Community
Radio Fund|||(736)|3,834|(3,098)|||
|Opens Fund|||(433)|12,626|(11,280)||913|
|ESFCommunity
Grant|||322||(322)|||
|Radio Nation||||850|(850)|||
|One Manchester||||4,638|(4,638)|||
|University
ofSalford||||4,950|(5,083)|133||
|MCC VCS||||10,800|(10,800)|||
|Hate Crime Awareness|||92||(114)|22||
|CAF Fund|||2,816||(2,816)|||
|MACC||||500|(500)|||
|We Love Manchester||||1,000|(1,000)|||
|Foyle Foundation||||4,000|(4,000)|||
|Garfield Weston||||6,500|(152)||6,348|
|Bring Joy Foundation||||1,330|(1,330)|||
|Arnold
Clark Community||Fund||1,000|(1,000)|||
|WSH BME Network||||500|(500)|||
|Tudor Trust||||18,500|(18,500)|||
|Uber||||4,725|(4,464)|30|291|
|Capital Grants||||||||
|Leathersellers|||1,300||(100)||1,200|
|Community
Foundation
Foyle Foundation
Manchester
Guardian
Society
Charities Trust|||3,336
2,600
866
866||(257)
(200)
(67)
(67)||3,079
2,400
799
799|
|Rank Foundation|||866||67||799|
|Analysis ofMovement in|||11,895|96,391|(89,233)|188|19,241|
|Unrestricted|Funds:|||||||
|Revenue|||15,087|30,237|3,083|188|42,053|
|Total Funds|||26,982|126,628|92,316||61,294|
##
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