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2021-08-31-accounts

Radio Frimley Park Charity Number: 1174994

Trustees' Annual Report & Financial Statements for the Period 1[st] September 2020 to 31[st] August 2021

November 2021

Radio Frimley Park

Trustees’ Annual Report & Financial Statements

for the Financial Period from 01-Sep-2020 to 31-Aug-2021

Reference & Administration Details

Charity Details:

Name(s): Radio Frimley Park Number: 1174994 Address: The Studio, Frimley Park Hospital, Portsmouth Road, Frimley, Surrey, GU16 7UJ

Names of Trustees for the Charity

Name Office Appointed Resigned
Frank Chambers Media Manager
Malcolm Treen MembershipManager
Brian Manby Member
Ed Mayne Chair November 2020 November 2020

Names & Addresses of Advisors

Role Name Address
Bank Lloyds Bank Blackheath London Branch, Lloyds Bankplc, PO Box 1000, BX1 1LT
Independent Examiner TBA

Structure, Governance & Management

Type of Governing Document: Constitution

How the Charity is Constituted: Charitable Incorporated Organisation

Trustee Selection Methods:

Request by a member of the Charity to stand as a Trustee, which is voted on at the AGM. Trustees retire by rotation and retiring Trustees may offer themselves for re-election.

How New Trustees are Inducted and Trained:

No formal policies have been adopted, but a new Trustee Is provided with a copy of the Constitution and the most recent Trustees' Annual Report and Accounts.

Objects

Charitable Objects

Statutory Declaration on Public Benefit

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

Executive Summary

The charity has been proactive in meeting the charitable objects, in ensuring broadcasting to Frimley Park Hospital throughout the year, even whilst remote broadcasting from presenters’ homes. This is supported by broadcasting public service announcements, medical-specific features, as well as health and wellbeingbased podcasts.

Activities, Achievements & Performance

To achieve the charity’s objectives and to meet the charity’s vision “Serving Frimley Health, improving wellbeing through entertainment” , there has been continued broadcasting to the patients at, and visitors to the Hospital throughout the year.

There was a partial return to a summer of outside events, with a smaller but well ran number being completed, supported by a wide range of the membership.

Our input supporting the ‘Radio Rheumatology’ podcast series was recognised as the healthcare podcast claimed the Educational Research Award at the British Society for Rheumatology annual conference.

Additionally, there has been the continued publishing and broadcasting the regular updates provided by Public Health England, keeping the listener up to date and to promote the health benefits in our objectives.

Financial Review

Statement of the Charity's Policy on Reserves

The charity has one bank account, into which all monies received are placed. The accounts are available to the management committee to fund ongoing expenditure of the charity, for the purpose of furthering its objectives. Sums committed to future expenditure are shown in the balance sheet.

Details of Any Funds Materially in Deficit

The Trustees declare that the charity had no funds which were materially in deficit at the date of the statement of assets & liabilities.

State of the Charity’s Finances

Restricted Funds £6,000
Designated Funds £7,545

Particulars of Any Outstanding Guarantee Given by the Charity

The Trustees declare that the charity has given no guarantee where potential liability is outstanding at the date of the statement of assets & liabilities.

Particulars of Any Outstanding Debt

The Trustees declare that the charity has no outstanding debts which are secured by an express charge on any of the assets of the charity at the date of the statement of assets & liabilities.

Declaration

The Trustees declare that they have approved the above report and authorised that it be signed on their behalf.

RADIO FRIMLEY PARK, Charity Number 1174994

INCOME AND EXPENDITURE FOR THE YEAR ENDED 31st August 2021

INCOME 31-Aug-20 31-Aug-21
Lotto Grant/other grants £0 £0
Donations/collections/sponsorship £4,462 £50
OBs and Events £2,575 £320
Insurance claim/asset sale £0 £0
Interest £0 £0
Subscriptions £260 £280
TOTAL INCOME £7,297 £650
OUTGOINGS 31-Aug-20 31-Aug-21
OB Expenses £725 £1,855
BT and Internet Costs £495 £544
Music Stock £301 £0
Insurance £644 £644
Studio Expenses £916 £719
Administration £39 £0
LicenceFees/SkyNews £1,375 £1,289
TOTALOUTGOINGS £4,495 £5,052
SURPLUS/DEFICIT FOR THE YEAR £2,802 -£4,402
CURRENT ASSETS 31-Aug-20 31-Aug-21
Treasurers Bank Account £17,947 £13,545
Bank Deposit Account £0 £0
OB Debtors £0 £0
TOTAL ASSETS £17,947 £13,545
LESS CREDITORS £0 £0
NET ASSETS £17,947 £13,545
RESTRICTED FUNDS (a) 31-Aug-20 31-Aug-21
Restricted funds allocated £6,000 £6,000
Interest earned in current year £0 £0
Restricted funds received during the period £0 £0
Expensesincurred againstrestrictedfunds £0 £0
Restricted funds c/f £6,000 £6,000
BUDGETED INCOME 31-Aug-21 31-Aug-22
OBs £4,200 £3,200
Bank Interest £0 £0
Donations/Collections £2,500 £1,000
Subscriptions £260 £260
Total £6,960 £4,460
BUDGETED EXPENDITURE 31-Aug-21 31-Aug-22
Record Library £300 £300
Administration £800 £800
OB Running Costs £2,000 £2,000
Studio Engineering £2,000 £2,000
Miscellaneous £250 £250
Emergency Reserves £2,000 £2,000
Play OutLicence £2,000 £2,000
Total £9,350 £9,350
PROJECTEDSHORTFALL -£2,390 -£4,890

Notes - (a) The restricted funds are to be reviewed by the committee during the financial year.