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 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|**S**afeguarding|
|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||