2021-03-31-accounts

Bolton FM Radio Academy Accounts For Period Ending 31[st] March 2021 Charity Number 1180201

			2020		2021
Turnover
Advertising & sponsorship income			2500		0
Grant Income					2684
Other income			2500		500
			5,000		3184
Cost of sales
General consumables		2536		2891
Programme costs		2200		658
Programme licences
General Broadcasting Costs		500		54
			5236		3603
GROSS SURPLUS			-236		-419
Other income
General grant income		6340
Deposit account interest		0
		6,340
			6,104		0
Expenditure
Wages	1000
Telephone	400
Post & stationery	377
Advertising	1140
Motor expenses	400
Training costs	1146
Sundry expenses	850
Volunteer expenses	250
			5563		0
			541		-419
Bank changes			0		0
NET SURPLUS (DEFICIT)			541		-419

Balance Sheet as at 31stMarch 2021 Bolton FM Radio Academy	Balance Sheet as at 31stMarch 2021 Bolton FM Radio Academy
Charity Number 1180201	2020	2021
FIXED Assets	1500	1500
Current assets
Debtors
Cash at Bank	541	1888
Total assets	541	1888
Creditors	-1500	-3266
Net Assets	541	122
Reserves	541	122

Trustees’ Annual Report for the period

From 1[st] April 2020 Period start date To 31 <arch 2021 Period end date

Charity name: Bolton FM Media Academy

Charity registration number: 1180201

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provideprojects managed by individuals with a passion for learning and helping people reach their full potential by using radio broadcasting and media techniques to increase confidence, help people progress in their education, progressing to further education or help them into the workplace and offer to enable people of all ages, all disabilities and all abilities to learn and work together, gaining a skills recognition
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Preparing and delivering the World of Radio for all aspects of the Community especially youngsters and challenged individuals of all ages. Due to the Covid restrictions, there have been minimal opportunities throughout this fiscal year
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees regularly check to ensure regard to the guidance of the Charity Commission are followed

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference

Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38	The Charity relies on the input made by it’s volunteers and during these trying times where possible volunteers have maintained contributions remotely via various technologies
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Charity has maintained a reasonable contact with all current and potential partners and is in discussions to deliver a number of projects once circumstances allow .

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	The objective during this fiscal year has been to be available and maintain relationships with partners and to assist in specific projects, despite the constraints seen during the year
Performance of fundraising activities against objectives set	Para 1.41	Considering the barriers seen during the year, the trustees are satisfied that the Academy has come through a very challenging period

Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Charity’s financial position at the end of the period with a positive cash balance is seen as appositive performance and maintain our position to take advantage of some expectedfuture projects
Statement explaining the policy for holding reserves stating why they are held	Para 1.22
Amount of reservesheld	Para 1.22	£122
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The trustees believe the Charity is suitably structured and funded to be able to take advantage of the opportunities expected to be seen, particularly in schools and community projects. With accost structure that is based on funded projects the Charity is seento be self -sufficientforthefuture

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Grants and charges for specific agreed projects
Investment policy and objectives including any social investment policy adopted	Para 1.46	Investment will only be made against agreed fully committed projects .
A description of the principal risks facing the charity	Para 1.46	The major risks is that projects will be delayed due to Covid restrictions.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	TRUST Deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Formal Constitution
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	As per constitution

Additional information (optional)

Additional information (optional)	Additional information (optional)
Youmay choose toincludefurtherstatements		whererelevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	Safeguarding
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Bolton FM Media Academy
Other name the charity uses
Registered charity number	1180201
Charity’s principal address	Office 6 Ashburner Street Bolton BL1 1TQ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Mr Andrew M Dickson	Chairman
	Mrs Karen L Thresh
	Mrs Carol E Shacklady

Corporate trustees – names of the directors at the date the report was approved

Director name N/a

Name of trustees holding title to property belonging to the charity

Trustee name	**Dates acted if not for whole year **
M/a

Funds held as custodian trustees on behalf of others

Description of the assets N/a held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

David Keith Harris- Company Secretary

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	A.M Dickson	D K Harris
	Andrew Michael Dickson	David Keith Harris
	Chairman	Secretary
	21/12/21 21/12/21
	21/12/21