ALL ARTS & MEDIA LTD
REGISTERED COMPANY NUMBER 5286405 (ENGLAND) REGISTERED CHARITY NUMBER: 1168695
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
ALL ARTS & MEDIA LTD
REGISTERED COMPANY NUMBER 5286405 (ENGLAND) REGISTERED CHARITY NUMBER: 1168695
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
INDEX PAGE
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|PAGE|No.|
|1-5|TRUSTEES'|ANNUAL|REPORT|
|6|INDEPENDENT|EXAMINER'S|REPORT|
|7|STATEMENT|OF|FINANCIAL|ACTIVITIES|
|8|BALANCE|SHEET|
|)|STATEMENT|OF|CASH|FLOWS|
|10-17|NOTES|TO|THE|ACCOUNTS|
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1
All Arts & Media Ltd
Report of the trustees for the year ended 31°t October 2024
The trustees present their annual directors’ report and financial statements of the charity for the year ended 31* October 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Reference and administrative information
Charity Name: All Arts & Media Ltd
Charity Number: 1168695 Company Number: 05286405
Structure, governance and management
All Arts & Media Ltd is a company limited by guarantee governed by its Memorandum and Articles of Association dated 15‘ November 2014. It is registered as a charity with the Charity Commission and is constituted under a trust deed dated 27" July 2016.
Directors and trustees
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Key management personnel: Trustees and Directors Martin G Logan Chair of Trustees Ruth Daniel PhilipJ Korbel Bernard Stone James Mcmillan (not on CC) Dzidra Noor (not on CC) Niall Power (not on CC)
Senior managers Edward Connole (Company Secretary)
Registered Office
Old Levenshulme Library Cromwell Grove
Manchester M19 3QE
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All Arts & Media Ltd
Independent Examiners
Community Accountancy Service Limited The Grange Pilgrim Drive Beswick M113TQ
Bankers
The Co-Operative Bank
1 Balloon St Manchester M60 1GP
Objectives and activities
The purposes of the charity:
Is the advancement of education by the development of individual’s capabilities, competences, skills and understanding in IT skills for those who are digitally excluded and reinvigorating a desire to learn in adults and young people who are at risk of educational exclusion.
To promote social inclusion for the public benefit by working with people in Manchester who are socially excluded and to relieve the needs of such people and assist them to integrate into society, in particular by
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a. Providing arts and media groups that encourage and enable members of the aforementioned groups to participate more effectively with the wider community.
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b. Increasing opportunities for those members of the aforementioned groups to engage with the wider community via social and recreational facilities and events involving the local community.
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c. Providing arts and media training that will enable the aforementioned members of these groups to develop and gain new skills
The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Charity’s aims and objectives, in planning future activities, and setting the policies for the year.
A review of our achievements and performance
ALL FM continues to be active both broadcasting & training. We have hosted numerous training projects including the Gorton Tank project, where we and our partners explored the histories, stories and legacy of the Gorton Tank via visual arts, podcasts and radio shows. The training and discovering of local heritage complemented each other wonderfully.
Other projects included engaging older people, those who are under or unemployed, young people, those with SEN, women, refugees, those with mental health issues, those with addiction issues. We aim, as we always have, to use radio and radio training to engage those in our communities at risk of isolation. Our shows and volunteers continue to reflect the communities of Manchester & surrounding areas.
Our second studio is named the Claire Mooney Studio and sadly Claire a former ALL FM Presenter passed away. We also lost former presenters Caroline Rennie and Bill Mitton. Their voices remain at ALL FM.
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All Arts & Media Ltd
level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.
The Charity's main source of income is grants and fees. Having regard to the level of reserves the Trustees consider that it is appropriate to prepare the accounts on a going concern basis, and consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.
In order to avoid future deficits which deplete our unrestricted reserves, we will continue to apply for grants which will provide an allocation to core funding.
Risk management
The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.
Plans for Future Periods
In November we have the Community Radio Awards to look forward to, in which we are shortlisted in a few categories, including ‘Station of the Year’ again, having won previously in 2019. Much as we pride ourselves on gaining awards, we recognise that this comes as a result of producing great radio, training lots of people and continuing to engage those at greatest risk of isolation. Ahead lie challenges, we, like all companies and organisations, must navigate the issues that low economic growth present. We will continue to strive to be innovative and produce radio that gives a voice to those who are least heard.
Appointment of trustees
As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and shall serve until the Annual General meeting following the co-option they shall be eligible for further co-option.
Trustee induction and training
After the training that took place in January 2017 all trustees are now aware of their responsibilities and continue to provide on-going support at monthly meetings and via regular email correspondence.
Organisation
The board of trustees administers the charity. The board normally meets once per month. A Chairman is appointed by the trustees to manage the day-to-day operations of the charity.
Related parties and co-operation with other organisations
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year one such related party transaction was reported. All Arts & Media have set up a trading company named ALL FM Training Limited. It is a company limited by guarantee with All Arts &Media Ltd being the sole subscriber.
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All Arts & Media Ltd
Trustees responsibilities in relation to the financial statements
The charity trustees (who are also the directors of All Arts & Media Ltd for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing the financial statements, the trustees are required to:
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e Select suitable accounting principles and then apply them consistently;
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e Observe the methods and principles in the applicable Charities SORP; e Make judgments and estimates that are reasonable and prudent; e State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
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e Prepare the financial statements on a going concern basis unless it is not appropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
"Wkaihe.By grder of the boafdLopyan—of trustees :
Martin Logan
Chair
Date: 7" May 2025
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All Arts & Media Ltd
On a happier note, ALL FM won a Bronze in The Arias (formerly the Sony Awards) which was hosted at the Theatre Royal Drury Lane. Our Young People’s Radio Show was nominated ‘Best Youth Project’ category at the Youth Buzz Awards: ALL FM has also been shortlisted in the Community Radio Awards for ‘Best Station’ and the ‘Mcr Culture Awards’. We will know if we’ve been successful in November.
We continue to support community festivals; the Chorlton Arts festival and the Stockport Beer & Cider festival and have hosted takeover days at ALL FM for International Women’s; day, Active Ageing Day. Outside Broadcasts help improve visibility, this year we have hosted many including Manchester Histories Festival, Royal Exchange Theatre and Levenshulme Good Neighbours Day. ALL FM teamed up with Forever Manchester to host a Marathon Radio Show. Starting Saturday 12th October at 12 noon and finishing Sunday 13th Oct at 2.15pm, five ALL FM presenters took part in the radio equivalent of a marathon, a 26.2-hour show. Highlighting the work of ALL FM and Forever Manchester. It also raised funds for ALL FM & Forever Manchester and the event promoted the work of Manchester community organisations, Manchester musicians and shonea light on the city. The aim of ALL FM is to use radio and radio production to help improve lives. We do this via the training and also by helping give a voice to those, who often, are least heard. It’s a simple, but continues to be, an effective model. We are grateful to our volunteers who are the blood in the ALLFM arteries. The support and encouragement from funders, partners and listeners help us know that we continue moving in the right direction. There are challenges ahead. There always are. But it’s important to pause for a moment and reflect upon ALL FM’s many achievements and many lives helped.
Financial Review
All Arts & Media’s main source of funds is grant income, amounting to 84.0% of total income for the year (up from 71% in 2023). Grant funding was supplemented by Show Subscriptions 4.9% and Advertising 1.1%. Donations contributed 1.7%.
Income from the trading company, All FM Training Ltd, was down on last year as its target market has been heavily hit by companies cutting back on discretionary expenditure. The charity has continued to make progress in attracting greater Core funding than in previous years.
The accounts show a deficit of Income compared to Expenditure of £4,849.
Investment powers and policy
The charity aims to invest advance grant payments to maximise investment income. The effect of higher interest rates will be reflected in next year’s accounts.
Reserves policy and going concern
The balance held in unrestricted reserves at 31°t October 2024 was £35,634 (2023:£40,982) of which £30,220 (2023: £36,115) are free reserves, after allowing for funds tied up in tangible fixed assets. The balance held in restricted reserves at 31°t October 2024 was £10,599 (2023: £10,100). The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this
6
Independent examiner’s report to the trustees of ALL Arts & Media Ltd
I report on the accounts of the company for the year ended 31*' October 2024, which are set out on pages 7 to 17.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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e examine the accounts under section 145 of the 2011 Act ;
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e to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and
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e to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in th« accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set ou in the statement below.
Independent examiner’s statement
In connection with my examination, other than disclosed below, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements
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e to keep accounting records in accordance with section 386 of the Companies Act 2006; and e to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, ; and
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e with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
GL Adoce—
EL Anderson MA FCA CTA Community Accountancy Service Ltd The Grange, Pilgrim Drive
Beswick, Manchester, M11 3TQ
Date: 7'" May 2025
ALL Arts & Media Ltd
7
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024
(including income and expenditure account)
| YearEnded | Year Ended | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 31 October | 31 October | ||
| Funds 2024 | Funds 2023 | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | |
| INCOME FROM | |||||
| Donations & Legacies | Z | 2,064 | - | 2,064 | 4,615 |
| Charitable activities | 3 | 31,509 | 76,610 | 108,119 | 70,006 |
| Other Trading Activities | 3 | 8,772 | - | 8,772 | 13,304 |
| Investment Income | 1,133 | - | 1,133 | 593 | |
| TOTAL INCOME | 43,478 | 76,610 | 120,088 | 88,518 | |
| RESOURCES EXPENDED | |||||
| Charitable Activities | 5 | 47,902 | 77,035 | 124,937 | 98,581 |
| TOTAL EXPENDITURE | 47,902 | 77,035 | 124,937 | 98,581 | |
| NET INCOME (EXPENDITURE) & NET MOVEMENT | |||||
| IN FUNDS FORTHEYEAR | (4,424) | (425) | (4,849) | (10,063) | |
| Gross Transfer between funds | 14 | (924) | 924 | - | - |
| RECONCILIATION OF FUNDS | |||||
| TOTAL FUNDS BROUGHT FORWARD | 14 | 40,982 | 10,100 | 51,082 | 61,145 |
| TOTALFUNDSCARRIEDFORWARD | 14 | 35,634 | 10,599 | 46,233 | 51,082 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 10 to 17 form part of these accounts.
ALL Arts & Media Ltd
REG CO NO 5286405
8
BALANCE SHEET AS AT 31 OCTOBER 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | |||
| FIXED ASSETS | |||||
| Tangible Fixed Assets | 8 | 12,746 | 12,794 | ||
| CURRENT ASSETS | |||||
| Debtors | 9 | 33,049 | 13,586 | ||
| Cash at Bank and in Hand | 49,741 | 81,721 | |||
| 82,790 | 95,307 | ||||
| LIABILITIES: | |||||
| Amounts falling due | |||||
| within one year | 10 | (49,303) | (57,019) | ||
| NET CURRENT ASSETS | 33,487 | 38,288 | |||
| TOTAL ASSETS | 46,233 | 51,082 | |||
| THE FUNDS OF THE CHARITY | |||||
| Restricted Income Funds | 14 | 10,599 | 10,100 | ||
| Unrestricted Income Funds | 14 | 35,634 | 40,982 | ||
| TOTALCHARITYFUNDS | 46,233 | 51,082 |
For the year in question the company was entitled to the exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
-The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved on behalf of the Company's Board of Trustees:
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Director hake... oo. Martin Logan
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Date: 7th May 2025
The notes on pages 10 to 17 form part of these accounts.
ALL Arts & Media Ltd
)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST OCTOBER 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Net movement in funds | (4,849) | (10,063) |
| Add back depreciation | 2,091 | 1,665 |
| Deduct investment income | (1,133) | (593) |
| Decrease/(increase) in debtors | (19,463) | (2,377) |
| Increase/(decrease) in creditors | (7,716) | 25,163 |
| Net cash used in operating activities | (31,070) | 13,795 |
| Cash flows from investment activities: | ||
| Bank Interest received | 4,433 | 593 |
| Purchase of fixed assets | (2,043) | (669) |
| Net cash provided by investing activities | (910) | (76) |
| Increase/(decrease) in cash and cash equivalents during the year | (31,980) | 13,719 |
| Cash and cash equivalents brought forward | 81,721 | 68,002 |
| Cashandcashequivalentscarriedforward | 49,741 | 81,721 |
ALL Arts & Media Ltd
10
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
- ACCOUNTING POLICIES (a) Basis of preparation and assessment of going concern The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
(b) Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There were 15 restricted funds at the year end. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion have created a fund for a specific purpose. Further details of each fund are disclosed in note 14. (c) Income recognition All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. (d) Expenditure Recognition Liabilities are recognised as expenditure 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 for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below. . (e) IrrecoverableIrrecoverable VATVAT is charged against the expenditure heading for which it was incurred.
(f) Allocation of support and governance costs Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitable activities have been apportioned based on staff time and facilities used in each activity. The allocation of support and governance costs is analysed in note 6.
(g) Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown in Note 5.
ALL Arts & Media Ltd
11
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
(h) Tangible fixed assets and depreciation
Fixed assets are included in the accounts at net book value. Additions of a single item or a group of similar assets exceeding £100 and with an expected life of more than 4 years, are capitalised at cost. Labour costs arising directly from the construction of the fixed asset are also capitalised. Studio build depreciation has been based on a memorandum of understanding pending a formal lease
agreement.
Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful lives as follows:-
Computer & Technical Equipment 25% on cost Studio Equipment 25% on cost Studio Build Over 15 years on cost
(i) Taxation
The organisation has a concession from the Inland Revenue to tax only the investment income, should it become substantial. The charitable company is not registered for VAT.
(j) Pensions
The organisation contributes towards an auto-enrolment pension scheme. The charity has no liability beyond making its contributions and paying across the employees deductions.
(k) Contingent liabilities
A contingent liability is identified and disclosed for those transactions resulting from a possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees’ control.
(l) Commitments Under Operating Leases
Rentals are charged to income and expenditure as they fall due.
(m) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(n) Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of the funds to a third party and the amount due to settle the obligations can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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Unrestricted Restricted
2 INCOME FROM DONATIONS AND Funds Funds Total 2024 Total 2023
LEGACIES £ £ £ £
2,064
Donations _ 2,064 4615
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Income and donations for the year ended 31st October 2023 were all related to unrestricted funds.
ALL Arts & Media Ltd
12
3 INCOME FROM CHARITABLE ACTIVITIES
Po
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | Funds | Total 2024 | ||
| Grants: | £ | £ | £ | |
| Tudor Trust ( £7,942 b/fwd, £8,180 deferred) | 24,302 | - | 24,302 | |
| Forever Manchester (£3,195 b/fwd) | - | 5,180 | 5,180 | |
| Heritage Lottery (£12,742 b/fwd) | - | 25,483 | 25,483 | |
| Souter Charitable Trust (£1,900 deferred) | - | 950 | 950 | |
| MCC - OMCVS (£8,098 b/fwd, £8,098 deferred) | - | 19,435 | 19,435 | |
| MCC- Digital Inclusion Funding MCC- International Women's Day |
- - |
500 250 |
500 250 |
|
| Charitable Aid Foundation - Warburtons Community Grant | - | 400 | 400 | |
| Centre For Ageing | - | 500 | 500 | |
| Big Lottery - Vintage FM grant (£2,216 b/fwd) | - | 2,216 | 2,216 | |
| Garfield Weston ( £2,240 b/fwd) | - | 2,240 | 2,240 | |
| Workers Educational Association | - | 14,573 | 14,573 | |
| Ofcom - Community Radio Fund (£4,543 b/fwd) | - | 4,543 | 4,543 | |
| Rank Foundation (£340 b/fwd) | - | 340 | 340 | |
| Total Grants | 24,302 | 76,610 | 100,912 | |
| Shows & Show Subs | 5,887 | - | 5,887 | |
| Advertising | 1,320 | - | 1,320 | |
| 7,207 | - | 7,207 | ||
| 31,509 | 76,610 | 108,119 | ||
| Prior Year Income from Charitable Activities | ||||
| Unrestricted | Restricted | |||
| Funds | Funds | Total 2023 | ||
| Grants: | £ | £ | £ | |
| Tudor Trust ( £7,712 b/fwd, £7,942 deferred) | 23,596 | - | 23,596 | |
| Guardian Trust (£1,000 b/fwd) | - | 1,000 | 1,000 | |
| BBC Children in Need ( £3,808 b/fwd) | - | 3,808 | 3,808 | |
| MCC - VCS( £1,800 b/fwd) | - | 1,800 | 1,800 | |
| MCC - OMCVS (£8,098 deferred) | - | 14,037 | 14,037 | |
| Big Lottery - Vintage FM grant (£2,216 deferred) | - | 7,744 | 7,744 | |
| Garfield Weston ( £2,240 deferred) | - | 5,260 | 5,260 | |
| Prince ofWales Charitable Fund | - | 4,920 | 4,920 | |
| Ofcom - Community Radio Fund (£4,543 deferred) | - | 757 | t5e | |
| Total Grants | 23,596 | 39,326 | 62,922 | |
| Shows & Show Subs | 5,862 | - | 5,862 | |
| Advertising | 1,222 | : | 1,222 | |
| 30,680 | 39,326 | 70,006 | ||
| INCOME FROM OTHER TRADING ACTIVITIES | ||||
| Unrestricted | Restricted | |||
| Funds | Funds | Total 2024 | 2023 | |
| £ | £ | £ | £ | |
| Consultancy and Training | 4,800 | - | 4,800 | 1,750 |
| Fundraising Events | < | - | - | 5,510 |
| Sales and T Shirt Sales | 3,372 | - | 3,372 | 5,410 |
| Other Income | 600 | - | 600 | 634 |
| 8,772 | - | 8,772 | 13,304 |
Income from other trading activities for the year ended 31st October 2023 were all related to unrestricted funds.
ALL Arts & Media Ltd
13
4 NET INCOMING RESOURCES FOR THE YEAR
ss
=
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| The net incoming (outgoing) resources are stated after charging: | |||||
| Depreciation (owned assets) | 2,091 | 1,665 | |||
| Independent Examination | 750 | 750 | |||
| Other financial services | - | 360 | |||
| EXPENDITURE | |||||
| Activities | Total 2024 | Total 2023 | |||
| £ | £ | £ | |||
| Expenditure on Charitable Activities | |||||
| Employment Costs | 48,458 | 48,458 | 50,212 | ||
| Contractors,Freelance & Casual Workers | 41,945 | 41,945 | 22,211 | ||
| Staff Training | 1,268 | 1,268 | - | ||
| Commission | 257 | 257 | 945 | ||
| Beneficiary Travel | & Subsistence | 1,865 | 1,865 | 654 | |
| Room Hire | 935 | 935 | - | ||
| Volunteer Expenses | 34 | 34 | 136 | ||
| Equipment Repairs | 25 | 25 | 210 | ||
| Licences & Permits | 4,139 | 4,139 | 3,899 | ||
| Travel & Subsistence | 544 | 544 | 564 | ||
| Technical Sundries | 694 | 694 | 10 | ||
| Advertising | 847 | 847 | 497 | ||
| Support Costs | 23,176 | 23,176 | 18,493 | ||
| Governance Costs | 750 | 750 | 750 | ||
| 124,937 | 124,937 | 98,581 | |||
| 2024 | 2023 | ||||
| Restricted funds | 77,035 | 48,343 | |||
| Unrestricted funds | 47,902 | 50,238 | |||
| 124,937 | 98,581 | ||||
| ALLOCATION OF | GOVERNANCE AND SUPPORT COSTS | ||||
| General | |||||
| Support | Governance | 2024Total | Total 2023 | ||
| £ | £ | £ | £ | ||
| Employment Costs | 669 | - | 669 | 591 | |
| Premises Costs | 10,519 | - | 10,519 | 8,517 | |
| Professional Fees | 234 | - | 234 | 56 | |
| Heat, Light & Water |
227 | - | 227 | 240 | |
| Consultancy Insurance |
3,900 1,997 |
- - |
3,900 1,997 |
- 2,038 |
|
| Publications & Subscriptions | 433 | - | 433 | 580 | |
| Computer Software | 389 | - | 389 | . | |
| Telephone | 1,217 | - | 1,217 | 1,182 | |
| Internet | 1,469 | - | 1,469 | 3,178 | |
| Post, Printing & Stationery Depreciation Accountancy |
17. 2,091 - |
- . 750 |
17 2,091 750 |
82 1,665 1,110 |
|
| Bank Charges | 14 | - | 14 | 4 | |
| 23,176 | 750 | 23,926 | 19,243 |
- § EXPENDITURE
6 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS
ALL Arts & Media Ltd
14
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
| 7 | STAFF NUMBERS AND COSTS | 2024 | 2023 | |||
|---|---|---|---|---|---|---|
| Staffcosts were as follows: | £ | £ | ||||
| Salaries andwages | 47,696 | 49,324 | ||||
| Social security costs | - | > | ||||
| Pensions | 1,431 | 1,479 | ||||
| 49,127 | 50,803 | |||||
| The average number ofemployees during the yearwas as | follows: | |||||
| Management & Administration (full time equivalent:1) | Number 2 |
Number 2 |
||||
| Services (full time equivalent: 1) | 1 | 1 | ||||
| 3 | 3 | |||||
| Along with the trustees, the key management | personnel is | the station manager. | ||||
| The total employment benefits, including employer pension | contributions ofthe key management | |||||
| personnel were £35,674 (2023: £31,881). No | employee has benefits | in excess of£60,000 | £60,000 . |
|||
| 8 | TANGIBLE FIXEDASSETS | Building | Studio | Computer | Total | |
| Improvements | Equipment | Equipment | ||||
| COST | £ | £ | £ | £ | ||
| At 1 November2023 |
17,814 | 25,927 | 4,007 | 47,748 | ||
| Additions Disposals |
- : |
588 - |
1,455 - |
2,043 a |
||
| At 31 October 2024 | 17,814 | 26,515 | 5,462 | 49,791 | ||
| DEPRECIATION | ||||||
| At 1 November 2023 | 5,882 | 25,713 | 3,359 | 34,954 | ||
| Charge for Period Disposals |
1,197 : |
254 : |
640 - |
2,091 - |
||
| At 31 October 2024 | 7,079 | 25,967 | 3,999 | 37,045 | ||
| NET BOOK VALUE | ||||||
| At 31 October2024 | 10,735 | 548 | 1,463 | 12,746 | ||
| At 31 October 2023 | 11,932 | 214 | 648 | 12,794 | ||
| 9 | DEBTORS | 2024 | 2023 | |||
| £ | £ | |||||
| Debtors Prepayments Other Debtors |
616 1,418 31,015 33,049 |
116 1,144 12,326 13,586 |
||||
| £ | £ | |||||
| Restricted Unrestricted |
20,542 12,384 ___33,049 |
: 13,586 13,586 |
||||
| 10 | LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR | 2024 | 2023 | |||
| £ | £ | |||||
| Creditors and Accruals | 13,005 | 7,377 | ||||
| Other Creditors - All FM Training Ltd. | 7,481 | 7,481 | ||||
| Other Creditors | 407 | 249 | ||||
| Other Taxes and Social Security Costs Deferred Income |
922 __-27,488 49,303 |
517 41,395 57,019 |
||||
| Restisted | 27,138 | 41,315 | ||||
| Unrestricted | ___-22,165 49,303 |
«15,704 57,019 |
ALL Arts & Media Ltd
15
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|---|---|---|---|---|---|---|---|---|---|---|
|NOTES|TO|THE|ACCOUNTS|FOR|THE|YEAR|ENDED|31|OCTOBER|2024|
|11|DEFERRED|INCOME|2024|2023|
|£|£|
|Deferred|income|comprises|of the|following|paid|in|advance.|
|Balance|as|at|1st|November 2023|41,395|14,919|
|Amount|released|to|income|(41,395)|(14,919)|
|Amount|deferred|in|the|year|27,488|41,395|
|Balance|as|at|31st|October|2024|27,488|41,395|
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12 TRUSTEE REMUNERATION AND EXPENSES
No remuneration has been paid or is due to be paid to any of the trustees in respect of the period. No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the period other than travel expenses.
13 CONTINGENT LIABILITIES
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2024|2023|
|£|£|
|At|31|October|nil|nil|
|14|ANALYSIS|OF|CHARITABLE|FUNDS|
|At|ist|At|31st|
|Analysis|of Movement|in|November|Incoming|October|
|Restricted Funds|2023|Resources|Expenditure|Transfers|2024|
|£|£|£|£|£|
|Ofcom|-|Community|
|Radio|Fund|757|4,543|(5,300)|-|-|
|Forever|Mancesther|-|5,180|(5,180)|-|-|
|Heritage|Lottery|-|25,483|(24,853)|(103)|527|
|Souter|Charitable|Trust|-|950|(273)|-|677|
|Prince|of Wales|Charitable|Fund|443|(443)|-|-|
|Centre|For|Ageing|-|500|(500)|-|-|
|BBC|Children|in|Need|947|(1,871)|924|-|
|MCC|OMCVS|-|19,435|(19,435)|-|-|
|MCC|Digital|Inclusion|Funding|-|500|(500)|-|-|
|MCC|international|Women's|Day|-|250|(250)|-|-|
|Garfield|Weston|-|2,240|(2,240)|-|-|
|Big|Lottery|-Vintage|FM|grant|-|2,216|(2,216)|-|-|
|WEA|-|New|Skills|-|14,573|(13,018)|-|1,555|
|Capital|Grants|
|Charitable|Aid|Foundation|.|400|(100)|-|300|
|WEA|362|-|(41)|-|321|
|Uber|31|-|(31)|-|.|
|Leathersellers|1,000|-|(100)|-|900|
|Community|Foundation|2,565|-|(257)|-|2,308|
|Foyle|Foundation|2,000|-|(200)|-|1,800|
|Manchester|Guardian|Society|665|-|(67)|-|598|
|Charities|Trust|665|-|(67)|-|598|
|Heritage|Lottery|-|-|(26)|103|77|
|Rank|Foundation|665|340|(67)|-|938|
|Analysis|[of][ Movement]|[in]|10,100|76,610|(77,035)|924|10,599|
|Unrestricted|Funds:|
|Unrestricted|Funds|__ 40,982|43,478|(47,902)|___—(924)|35,634|
|Total|Funds|51,082|120,088|(124,937)|z|46.233|
|Capital|Grants|
|Leathersellers|~|towards|studio|build.|Balance|represents|future|depreciation.|
|Community|Foundation|~|towards|Studio|1.|Balance|represents|future|depreciation.|
|Foyle|Foundation|~|towards|studio|2|build.|Balance|represents|future|depreciation.|
|Manchester|Guardian|Society|~|towards|studio|2|build.|Balance|represents|future|depreciation.|
|Charities|Trust|~|towards|studio|2|build.|Balance|represents|future|depreciation.|
|Rank|Foundation|~|towards|studio|build.|Balance|represents|future|depreciation.|
|Heritage|Lottery|~|towards|equipment.|Balance|represents future|depreciation.|
----- End of picture text -----
ALL Arts & Media Ltd
16
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
14 ANALYSIS OF CHARITABLE FUNDS Cont...
Details re Restricted Funds:
Ofcom -Community Radio Fund ~ towards a refugee project Prince of Wales Charitiable Fund ~ towards the Older Voices project Souter Charitable Trust ~ towards the older people project BBC Children in Need ~ towards Young Mind project MCC OMCVS ~ towards community and voluntary activities MCC Digital Inclusion Funding ~ towards digital inclusion activities MCC international Women's Day ~ towards International Women's day events Forever Mancesther ~ towards the older people project Big Lottery -Vintage FM grant ~ towards community activiites Guardian Trust ~ towards community activiites Heritage Lottery ~ towards Gorton Tank project Centre For Ageing ~ towards the older people project WEA ~ towards New Skill project Garfield Weston ~ towards running costs
| Prior Year | |||||
|---|---|---|---|---|---|
| At ist | At 31st | ||||
| Analysis ofMovement in Restricted | November | Incoming | October | ||
| Funds | 2022 | Resources | Expenditure | Transfers | 2023 |
| £ | e | £ | £ | £ | |
| Ofcom - Community | |||||
| Radio Fund | - | 757 | - | - | 757 |
| Prince ofWales Charitiable Fund | - | 4,920 | (4,477) | - | 443 |
| Home Instead | 510 | - | (510) | - | . |
| BBC Children in Need | 3,580 | 3,808 | (6,441) | - | 947 |
| MCC OMCVS | - | 14,037 | (14,037) | - | - |
| MCC VCS | - | 1,800 | (1,800) | - | - |
| Garfield Weston | 6,245 | 5,260 | (11,505) | - | - |
| Big Lottery -Vintage FM grant | - | 7,744 | (7,744) | - | - |
| Guardian Trust | - | 1,000 | (1,000) | - | - |
| Capital Grants | |||||
| WEA | 403 | - | (41) | - | 362 |
| Uber | 61 | - | (30) | - | 31 |
| Leathersellers Community Foundation Foyle Foundation Manchester Guardian Society |
1,100 2,822 2,200 732 |
. - - - |
(100) (257) (200) (67) |
- - - - |
1,000 2,565 2,000 665 |
| Charities Trust | 732 | - | (67) | - | 665 |
| Rank Foundation | etTO 19,117 |
ee SE 39,326 |
ONSe (48,343) - |
10,100 | |
| Analysis ofMovement in Unrestricted Funds |
__42,028 | 49,192 | (50,238) | 40,982 | |
| TotalFunds | 61145 | 88,518 | (98,581) | 51,082 |
ALL Arts & Media Ltd
17
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
15 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | Funds | Total 2024 | ||
| �� £ |
�� £ |
�� | £ | |
| Tangible Fixed Assets | 5,414 | 7,332 | 12,746 | |
| Net Current Assets | 30,220 | 3,267 | 33,487 | |
| 35,634 | 10,599 | 46,233 | ||
| Prior Year | ||||
| Unrestricted | Restricted | |||
| Funds | Funds | Total 2023 | ||
| �� £ |
�� £ |
�� | £ | |
| Tangible Fixed Assets | 4,867 | 7,927 | 12,794 | |
| Net Current Assets | 36,115 | 2,173 | 38,288 | |
| 40,982 | 10,100 | 51,082 |
16 GOING CONCERN
The company's main source of income is grant funding. The trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding income should cease. In order to avoid any future deficits which deplete the unrestricted reserves the company will be applying for grants which provide an allocation for core funding. The company are also planning for ALL FM Training Ltd to financially contribute to All Arts & Media Ltd.
17 RELATED PARTY TRANSACTIONS
During the year Mr P Korbel, a director of ALL Arts & Media Ltd, acted in a key role at Radio Regen, a charity that works closely with ALL Arts & Media Ltd. ALL FM Training is a wholly owned subsidiary of ALL Arts & Media Ltd. The charity has 100% of the voting rights.
Debtors re ALL FM Training at 31st October 2024 £8,509.76 Creditors re ALL FM Training at 31st October 2024 £7,480.68
Group accounts are not required to be prepared where Income excluding inter-company transactions does not exceed £1 million.
The last finalised accounts for ALL FM Training Ltd. are summarised below. TRADING STATEMENT Year Ended 30th November 2024 £ Turnover 850 Administrative �� Expenses (518) Net Profit 332
18 CONTROL OF THE COMPANY
Control of the company lies with the volunteer trustees named on Page 1.
19 POST BALANCE SHEET EVENTS
The trustees consider that there are no significant post balance sheet events that impact on the financial statements as presented.