Company Reglstration Number:6942509 Dlverse FM Community Media & Tralnlng Ltd Report and Accounts 30 June 2024 Charlty Number:1172543
Diverse FM Communlty Media & Training Ltd For year ended 30 June 2024 Contents Page Information Report of the Trustees Report of the Accountant ststament of Financial Activities Balance sheet Notes to Ihe Financial Statements 4t05 9t010
Dlverse FM Communlty Media & Tralnlng Lld For year ended 30 June 2024 Information Trustee8.' lthr Mlchael Joseph Naughton Mr Alan ChTislopher Pleasanls Mr Roy Anthony Robertson Mr David Anthony Witteri Trustee Trustee Trustee Trustee Chwlty Number.. 1172543 Prlnclpal OffKe.' 788 Costle Slreal Lulon Bedfordshlro LU1 3AJ A¢¢ounlanl'. Vertex Accounlanls cKenzle Hou89 (Top Floor) 110-112 Loagrave Road Ltslon Bedlord5hlre Unlled Kingdom LU4 8HX Bank: The eolloperatlve bank 24 Slre81 Lulon Bedfordshlre LUI 2PL
Diverse FM Commurtlty Medla & Trainlng Ltd For year ended 301h June 2024 TRUSTEES REPORT The Irustees are PSsed lo wesent Iheii report together with the financial statemenls of Ihe charity for Ihe year ending 30th June 2024. Th8 accounls have been prepared in accordance with the accounting pollaes set oul in note 1 10 th8 accounts and comply with the Charily's Conslitutlon. applicable law and the rèquirements of Ihe Statemenl of Recommended Practice, °Accounling and Reporting by Charities" issued in Marth 2005. STRUCTURE, GOVERNANCE AND MANAGEMENT OBJECTIVES AND ACTivrriES the following objects are for the public benefit of people In Lulon and Its surrounding areas., To advance Ihe education and Iraining of the public in the subject of vo¢atlonal and life-long learning, musl¢ and such other subje¢ls Ihal th8 trust8es see fit and have themes of social Importance and relevance: To develop the capaclty and skills of sctially and economically disadvantaged persons of Luton and surfoundtng areas In such a way that they are beller able to Identify, and help meet, Ihelr needs and to participate more fully In society. Tru8teeg andlor prlnclpal officers: The following officers of the charlty have held office for the whole of Ihe year. Mr Mr Michael Jos8ph Naught¢)n Trustee Mr Alan Christopher P18asant8 Mr Roy Anthony Rob8rt$on Mr David Anthony Witlering Trustee Trustee Truslee Th8 Iruslees are ellg1b, in committee. lo appoinl additional trustees under the t8rms of th8 conslltution. Activltles and Achlevements.. How our actlvlties deliver public benefit- The charity carries oul a wlde range of activities in pursuance of its charitable alms. The trustees consider that these activities, summarised below, provide benefrt bolh to those who worship at our Centre and lh& wider community of Lulon.
Dlverse FM CommunSty Media & Tralning Ltd For year ended 30th June 2024 TRUSTEE5 REPORT Ac¢redited Trainlng Programmes: Diverse FM Community Medla & Training Lld offer accrediled Iraining programmes, including introduction of arrange of new programmes e.g. Certificate in inlfoduction Into Youth Work, Employability Skills, Sexual HeaHh, SIA Door svperwsor. Stewardlng, Personal Awareness, Health and Safely al work and Safeguardlng. Revlew of Transaction5 and Flnancial Posltlon: The financial position of the charity is very secure wlth net fund of £125,366.00 (Including Assets} as at 301h June 2024. Statement of Trustees. Responslbllitles: Under the Charities Act 2011, the trustees are required lo prepare a slatemenl of accounls for each financlal year which gives a true and fair view of the slale of affalrs of the charlty al the end of the financial year and of Ihe Incomg resources in Ihe year. In preparing the slalement the trustees are requlred lo: • select suitable accounllng policles and apply them consistently, * make judgemenls and 8slimales that arg reasonable and prud8nt, 1 51ale whether appllcable accounting slandards and stalemenls of recommended practice have been followed, subject to any rnalerial departures dlsclosed and èxplalnad In the statements of accounts. prepare the fi'nancial stat8menls on the golng concern bas18 unless 11 Is Inapproprlate to presume that the charlty will continue Ils operations. Tho trustees are spOnSIble for keeplng proper aOunting record5 which dlsclose with reasonable accuracy al any Ilme the financial position of the charlty al Ih811Sme and lo enable th8 Iruslees lo en5uie that any statement of account prepared by them complies with Ihe regulatlons under section 130 of the Charilies Act 2011,They are also responslble for safeguarding the assels of the trust 8nd hence for taking reasonable steps for Ihe prevenllon and delecllon of fraud and olher Itregularilles. Approved by the Trustees on 161h Seplember 2024 and signed on thelr behalf Mr seph Naughton Truslee
Report lo tru¥te8 on preparatlon of the unaudited accounts of Dlverse FM Coininunity Medla & Tralnin9 Ltd For yearended 30 June 2024 Charlty No: 1172543 Independent Examlners Rèport on the Accounls Report to the trusteè8lmemb&r of: On accounts for year ended: Charity No: Set out on pagE¥: Diverse FM Communily Media & Training Ltd 30 June 2024 1172543
7 Re8pectlve re8ponslbllltS of trustees and examiner The Charily's Iru51ees are responsible for the prepar311( ol the accounls. The charlt¥s Irustees conslder thal an udll Is nol reqLsired for Ihis yeai under Sectlon 44 of the Charities Act 2011 (the Charilles AGI) and Ihal an Independent exarninalion is needed. l aim qualified lo underake lh8 examin811¢)m by belng 8 PraclislThJ member of the A8Bociallon of Certified Publlc Accovnlanls.IACPAI 11 Is my responsibility lo: examine Ihe account6 under Seclion 145 of the Ch8ri1ies Acl. lo follow the wocedures lald down In Lhe general dlreciN)ns glve by the charity Commission lundef sgclion 145(5)(bl ol Ihe Charlile5 Acll and lo stste whelher particular mallers have come lo my allenilon. Ba$ls of Independent examlnerfs 8talem&nt Our examinallon was carrled oul in accordance wilh gener81 dlreciions glven by the Chaflty Comm18slon. An examin81ion InGludes review of the accounting records k8pI by Ihe charlly and a conipaf150n of the accounts pesented with those recods.1181so includes consideration of any unusual Ilems or disclosures In the accounls, 8nd seeklng explanations from the liuslees ncernIng any such mallers. The pro¢eduie$ undert8ken do nol provide all the &videi)¢e thai would be required In an audli, and consequenlly no opinlon Is given as lo wheiher the acwunls presenl a'lrue and falr, vlew and the feport is limiled lo Ihose mallers sel out In the slalemeni below. Independent examlneV5 slatements Irs conneclion Vth my ex8mlnallon, no matter has come lo my allenllon whlch glves me any reasonable cguse lo belleve Ihal, in any maleilal respecl. the requirement8 have not been m81.. lo keep accounllng recoids In accordance with secllon 130 01 Ihe 2011 Acl,. and - lo prepare accoun15 which awJJ Ilie accounn record5 and rx)mply wilh Ihe acccmjnllng requlremen13 of the 2011 Act Vertex Accounlanls McKenzle House {Top FIQLWI I1112 Leagrave Road Lulon Bedlordshire LU4 8HX
Diverse FM Community Media & Tralnlng Ltd STATEMENT OF FINANCIAL ACTIVITIES Foryearended 30 June 2024 Notès Unrestrlcted Funds Rèstrleted Funds 2023 2024 Incoming Resourc88 Gfanl Donalionslcharilable Income Other operaling incomelSal&s 145,860 145,860 11,101 15,770 221,579 15,897 9.9S4 11.101 15.770 26,871 172731 247.430 Resourcos Expended Cost of charll8ble Aclivities General Ovefhead Governance Co31 180,499 22,808 180,499 52,511 152,038 51,126 1,450 204 614 29.703 N•t Income for tho year 57.447 61,729 Re¢onclllatlon of Fund8: Tol81 funds, brought fcrfward I Ir¥ludlTvJ As6¢ts1 Total funds. carried forward I Incluth¢¥J As1*) 179,389 187095 144 280 121942 125 366 187096
Dlver6e FM Community Medla & Tralnlng Ltd Balancg Sheet a8 at 30 June 2024 Notes 2024 2023 Flxed AssetB Tanglbl& assets 46327 49095 A88• Cash al bank & In hand 102.342 171.181 C édltof Amounls lalllng due wllhln on• yèar -812.IXI 40.00 ront 147.858 220.236 roaitors: amounts ia?iing dug aftèr moro than on8 y•#r 22,491 33,140 Total As8•ts 187,098 Total F nd8 of Iho C Unte81dcied funds Reslrlcled fund8 Reslrlcted fund5 lf Unr8slrlcted fund8 bll 4282 -s7447 179389 7707 s7 26,72S 69.541 109,848 34,432 187,096 The dlrectors are 88llsfled that the conyany Is en16tl6d lo exemptlon from ihe requlrerrnl lo obtaln An audll under secllon 477 01 the Companle¥ 2c4Je. The member hag not requlred Ihe COMP lo obtsln audll In ac¢(danc8 th 8ectlon 476 of thè The dlreciors acknedg& Ih8lr re8pon$lbllllles for con¥)lylng wlth the tequlremen18 01 the Companle¥ AGt 2006 with respod lo aeeoLmting recwds and Ihe weparallon of ats. The accounts have b8en ppared and delivered In aceordanco YAlh spe¢lal provlslon8 appllcablo lo ¢onyarfe8 Bue¢l lo Ihg SMBII Compa[e$ regfj. The prolil and1088 account has nol been delfvefed to th8 Reglslrar of Companles. These Accoun15 were approved by Ihe Trnslee8 on 16th SeFlember 2024. Mt elj Tw$lee r Davld Anlhonywlllering Tru8lee The notes on p8ge8 7 10 10 lomi part of a(tounls
Dlverse FM Communlty Medla & Tralnlng Ltd For year ended 30 June 2024 Notes to the Accounts 1. Accountlng Pollclos 1.1 Basls of Accountlng The flnanclal stalemonts have been prepared under the historical cost conv8nllon and in accordance with the applicable Accounling Slandaids , the Slatemant of Recommended PracttcB'Accounts'ng and Reporllng ty Charilies" pUbShed In March 2005. The princlpal accounlln9 policw adopted In preparallon of the financial slalemènls are sal out below. 1.2 Incornlng Resoureo5 Volunlary Income and donallons are Induded kn Incomlng r8sour¢es when they aro receivable. except when the donors specify that they must be used in fulurè accounting perlods or donors, condllions have not been luri1. then the Incoma Is defarred. The Income from fundiaislrvJ vtsMlure8 Is shown gro¥3. th the associated CO8t8 included In furraisIng cosls. 1.3 Rosource8 Expendod Resources expendad are Includgd In the Slalemenl of Flnanclal ActNllles on accrual8 basls, excluded of VAT wthere appllcabl8. Expendibjre that Is d5Teclly allribulable lo sp8dfl¢ aCtIlIe8 has boen Indudad In these cost categories. Where cKJsls are attrlbutable lo more than one acllvlty. Ihoy have been apportioned acr085 the ¢081 calegorwJ on 8 bas16 nSistenI wllh th8 use ol Ihos8 resource8. 1.4 Golng Concern Ba81• The flnanGlal slalemenls have been prepared on the gdng Concern basls. as In the opinion of the Iruslees. there are no issue¥ 8rl8ltvJ which woukl suggest any other basls as b8ing more appropriate. 2. Grant and Donatlons Unrn8trlct Fund8 Re8lrl¢ted Fund• 2024 2023 BBC CIN Beds & Luton Community FoLBYI8IIt OonationslCh8rilable CSE GrantFU UKPN Arts Council England Bedfordshire Police Garfiekj Weston Foundation Natial Heril4ge SIA Gianl- Yovlh Muslc South Ea31 MKll4nd The Million Hoyrs Fund Youlh Investment Fund Procure Plus LBC Otr orffjiatlng in0jmeas 7,500 7,500 1D.500 12,840 15,897 9.990 22,776 22.778 12,070 27,orJ) 12,070 27.(¥JO 7,500 15.CKJO 15,000 30.732 23.C¥)O 15.(K)O 23.000 15,000 34,949 8.741 19.445 17,f 1.104 8.741 19.445 17.¢YJO 1.104 9.000 106,068 9.954 247.430 26.871 45.860 172731
Dlverse FM Communlty Medla & Trdlnliig Lid For year ended 30 June 2024 Notes to the Accounts 3, Co$t ol Charltablo act1¥108 Basls of AIIoc8tlon 2024 2023 Con8ultsncy, Commlssfon & Tu9 AdvertisSrYJ and PR Everts & ACllvtl$. Tr¥niNJ EquipMenl-Traing, Musk& Rado Prlnllng & statnery Radio Programming Clxl Inswance Llghl & Heal ICT (hard & sofNvare8} Renl,RatO8 & Utilities Repairs & malnlen8nc•l R8lmbUrswnI Trovel 8ubsl$lencel Molur Exp Olher legal and prol Telephone and IAX Subgcrfpbons Volunte$r Expen8es Wagès & Saloria8 DeprlatIon Direv. Dir8cI Dwecl Dlr 44.328 2,157 52.774 6.741 1,088 6.482 1,407 8.168 15.649 22.808 10,992 3.380 4,036 1.597 8.489 5.799 34.347 43.160 454 22.650 5,089 1,426 4.719 2.707 5.214 17.334 23.583 1.589 13.446 1,)5 1.287 428 5,760 48.955 Dir1 Dir1 Direct Dir1 Dirttl DIrt DIrt Direct Dir1 Dir¢ Dr1 233.209 Basls of AllocatloA 4. Govefn8n¢• Coat 2024 2023 Aecoui?lanoy F90 DIr1 1450 1450 6. Credllor8.' amourts 18llkng th thin ono year 812 40 6.Cr•dilors.- Arnounls falllng dua aller more than one year 22491 33140 23941 34590 7. AttNa18 1A50 1A50 8. Tru8t•g8' R•mun¢ratlon NO of Ihe trustee8 wwe remunoraied 10