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2022-08-31-accounts

Radio Frimley Park Charity Number: 1174994

Trustees' Annual Report & Financial Statements for the Period 1[st] September 2021 to 31[st] August 2022

November 2022

Radio Frimley Park

Trustees’ Annual Report & Financial Statements

for the Financial Period from 01-Sep-2021 to 31-Aug-2022

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 11thMay 2017
Malcolm **Treen ** MembershipManager 11thMay 2017
Brian Manby Member 8thDecember 2019
Ed Mayne Chair 11thMay2017 17thAugust 2022

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. The Patient Guide was published for the first time since 2019.

A number of ‘Events’ were successfully completed this year.

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. Although the rheumatology nurses have been so busy this year that no podcasts have been recorded.

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 £9,955

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 2022

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INCOME 31-Aug-21 31-Aug-22
Lotto Grant/other grants £0 £0
Donations/collections/sponsorship £50 £1,545
OBs and Events £320 £5,760
Insurance claim/asset sale £0 £0
Interest £0 £0
Subscriptions £280 £10
TOTAL INCOME £650 £7,315
OUTGOINGS 31-Aug-21 31-Aug-22
OB Expenses £1,855 £1,043
BT and Internet Costs £544 £547
Music Stock £0 £0
Insurance £644 £653
Studio Expenses £719 £1,321
Administration £0 £10
Licence Fees/Sky News £1,289 £1,330
TOTAL OUTGOINGS £5,052 £4,904
SURPLUS/DEFICIT FOR THE YEAR -£4,402 £2,411
CURRENT ASSETS 31-Aug-21 31-Aug-22
Treasurers Bank Account £13,545 £15,955
Bank Deposit Account £0 £0
OB Debtors £0 £0
TOTAL ASSETS £13,545 £15,955
LESS CREDITORS £0 £0
NET ASSETS £0 £0
RESTRICTED FUNDS (a) 31-Aug-21 31-Aug-22
Restricted funds allocated £6,000 £6,000
Interest earned in current year £0 £0
Restricted funds received during the period £0 £0
Expenses incurred against restricted funds £0 £0
Restricted funds c/f £6,000 £6,000
BUDGETED INCOME 31-Aug-22 31-Aug-23
OBs £3,200 £5,000
Bank Interest £0 £0
Donations/Collections £1,000 £1,800
Subscriptions £260 £260
Total £4,460 £7,060
BUDGETED EXPENDITURE 31-Aug-22 31-Aug-23
Record Library £300 £300
Administration £800 £300
OB Running Costs £2,000 £2,000
Studio Engineering £2,000 £2,000
Miscellaneous £250 £250
Emergency Reserves £2,000 £2,000
Play Out Licence £2,000 £1,500
Total £9,350 £8,350
PROJECTED SHORTFALL -£4,890 -£1,290
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Notes - (a) The restricted funds are to be reviewed by the committee during the financial year.