A Charitable Incorporated Organisation registered in England and Wales – No 1180762 ## Trustees’ Annual Report & Financial Statement ## 2023 ## **Principal Address** C/O The Saunders Club, Saunders Avenue, Bedworth, Warwickshire, CV12 8RJ Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Chairman’s Report** This has been a year of mixed emotions, sadness at finally moving out of the Arbury Broadcasting Centre, but I am also glad that Anker Radio now has a home and that the members that give up their time to volunteer but for a variety of reasons were unable to broadcast from home will be able to get back into a radio studio and start producing their own programmes again in 2024. I am sure our head of output Rob Newbold will be glad to welcome you back to the airwaves. I would like to thank my fellow Trustees that have served with me on the Trustee Board over the last Twelve Months. I would also like to thank Rob Newbold for putting together a programme schedule & coming up with new programme ideas during these changing times, and thanks also to Richard Todd for the continued Sports Output on Anker Radio. And finally, thanks to our technical manager Chris Ward who makes what can sometimes seem impossible, possible. Apologies If I have missed anyone out but thank you if you have contributed to the success of Anker Radio in the last 12 months. I hope that 2024 is a year when Anker radio can look forward and not back & continue to provide and improve our service to the George Eliot hospital and the local community. John Goodman Chairman A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 2 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 The Trustees of Anker Radio are pleased to submit their Report and Accounts for the year 1st January 2023 to 31st December 2023. **Organisation** Anker Radio is a Charitable Incorporated Organisation registered in England and Wales on 20[th] November 2018 and governed by a constitution last amended on 9[th] December 2020. Anker Radio is managed by the Charity Trustees who are elected by the membership in accordance with the published constitution. In the period covered by this review, We have had 4 Charity Trustees of the CIO. The Trustees are:- John Goodman – Chairman (Elected unopposed in 2023) Dave Jennings – Vice Chairman (Elected unopposed in 2022) Barry Hayward – Treasurer (Elected unopposed in 2023) Geoff Veasey – Secretary (Elected unopposed in 2022) At the AGM in 2023 The Members were also invited to apply for the positions of:- - ⚫ Membership Secretary - ⚫ Head of Music & promos - ⚫ Fund-Raising Manager No nominations were received for the above posts. Any workload associated with these posts during 2023 was picked up by the trustees. Throughout the year Anker Radio continued to operate with no paid staff, being run entirely by a membership of volunteers. These are the objectives of the CIO - (1) the relief of sickness, poor health and old age amongst people living in the area served by The George Eliot Hospital NHS Trust or its successors by providing a local broadcasting service for hospitals, residential homes and similar institutions, and for patients receiving community care; and - (2) the advancement of health and prevention or relief of sickness for the public benefit through the promotion of the benefits of living a healthy lifestyle, and the importance of maintaining good personal mental and physical health by (mainly, but not exclusively) the means of broadcasting health education messages to people living in the area served by The George Eliot Hospital NHS Trust or its successors. In furtherance of the first objective, Anker Radio provides a hospital radio service to patients at the George Eliot Hospital via 1386am, 88.9fm. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 3 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 Anker Radio also streams its service online via the internet and downloadable iOS and Android Apps such as my tuner radio app. This allows hospital patients and listeners in residential homes and similar institutions to listen to the service. The second of these objectives is a localised version of the second model objective agreed between the HBA and the Charity Commission and allows Anker Radio to target its services at the local population outside the hospital with the intent of helping and encouraging them to live a healthy and active life in the local community, and thus requiring making less use of the health services. Anker Radio also uses its social media presence & on-air promos to disseminate information and messages in support of this objective. We amended our constitution in December 2020 (following advice from The Hospital Broadcasting Association (HBA) to facilitate remote attendance at hybrid and fullyvirtual General Meetings in future without recourse to emergency legislation. **Related Organisations** Anker Radio is a member of the Hospital Broadcasting Association (HBA), the national charity that supports and promotes hospital broadcasting in the UK. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 4 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Review of Activities** Following the Covid Pandemic and the loss of the Arbury Broadcasting Centre 2023 has been a year of consolidation and planning for the future. Whilst a number of volunteers have left us, we have been successful in attracting new members. In September 2023 We finally moved out of the Arbury Broadcasting Centre after the George Eliot NHS Trust gave us notice to quit in May 2022.The Arbury Broadcasting Centre had been our home since 1994. The Trust have offered no alternative on site accommodation for a broadcast studio. The trust has provided us with a 19inch free standing rack mounted cabinet which houses our transmission equipment. The Charity was kindly offered a space at the Saunders Club in Bedworth. The Trustees & some willing volunteers have spent at the time of writing nine months converting the space, the progress has not been as quick as we would have hoped. We aim to start recording and broadcasting from the Saunders Club during the second quarter of 2024. Despite the lack of studios in the last 12 months Anker Radio has provided a radio service to the George Eliot Hospital 24 Hours a Day, 7 Days a week. Our service can currently be heard on 1386am also on 88.9fm and online via our website ankerradio.co.uk. Our schedule is made up of a wide variety of programmes, from Folk to Rock, Dance, Eighties and Seventies Programmes. Plus, sport and health promotion messages. Also in 2023 we started broadcasting the live syndicated Andy Lloyd Morning Show between 9am & 12pm every weekday morning, this programme is broadcast on around 15 other stations. On average we broadcast 39 Hours of programmes a week produced by Anker Radio volunteers in 2023 which is down on the 50 hours produced in 2022 & the number does vary with Live Sport. We have continued to follow the Sky Blues on our Sports programmes. We were unable to provide commentary on Nuneaton Boro from Liberty Way due to lack of Volunteers before they went into administration we did provide score flashes on air & via social media. We would hope to provide coverage of any new Nuneaton football club as and when they start playing games. We provided scores from our other local sides Bedworth United, Atherstone Town, Nuneaton Griff, The Nuns & The Old Ed’s. We also took part in Nuneaton Carnival procession in 2023 playing music and announcements along the route. Unfortunately, our OB bus only made it part way round the route. We have been working with Castlemead radio in Hinckley (who also have had to leave their studio premises in 2023) Technical Manager Chris Ward helped them with a sustaining service whilst they were moving their studio equipment. We have been sharing ideas with Castlemead and have discussed sharing programmes in the future. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 5 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 We also made use of the HBA Shared Programme list. We obtained sponsorship for 2 of our programmes for 6 months during 2023, The programmes were number 1’s at 1 & our Saturday Breakfast show. We have continued to run the word on health feature along with other heath related content such as promos for the over 60’s football group and the local walk & talk group. We have also continued broadcast news & events from the George Eliot Hospital Trust during 2023. We are now 2 Years into our 5 year Ofcom licence for 88.9fm & we have 3 years left to run on our 1386am Licence. Current Licence costs for each service are £350 per year. Plus any associated PRS & PPL costs. Nuneaton & Hinckley have been included in round 6 of the small-scale DAB licencing timetable, although timescales have not been announced yet by Ofcom, the opening dates for applications is estimated to be in the Spring of 2024 with a closing date of Summer 2024 with all the applications revealed shortly afterwards. The Estimate for the first licenses to be awarded to successful applicants would be Winter 2024/Spring 2025. Successful Applications then have 18 months to get their licence on air. We know from Ofcom expression of interest responses that two other parties are interested in running a small-scale dab multiplex for Nuneaton & Hinckley Anker Radio will continue to develop a pragmatic and sensible digital strategy & work with other stations and companies. The Trustees recognise the need to respond to any opportunities provided in a way that is cost effective and supports the charitable objects, as appropriate. At the time of writing, we currently have 22 members a mixture of life members, active/non active members and associate members. ## **Looking Forward** We will look to undertake a volunteer recruitment drive in 2024. Also 2024 will be the year that we start broadcasting from our new studios at the Saunders Club in Bedworth. We will also look to expand our community involvement and will look to broadcast more local interest & health & wellbeing material. The Trustees will start to look at arranging fund raising events to bring in funds, we will also look at arranging some social events every couple of months. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 6 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Acknowledgements** The Trustees would like to acknowledge all the help and support given to us by the president, committee members and staff of the Saunders Club in Bedworth over the last 12 months & we are extremely grateful to them also for offering us a place for a studio. The Trustees would like to acknowledge all the help & support given to us by Bedworth citizen advice bureau allowing us to use a room for our trustee’s meetings when we had no home & also allowing us to use a room on a temporary basis for storage of our equipment. The Trustees would like to thank our sponsors for their support during 2023. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 7 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Anker Radio Annual Accounts 2023** ## **Charity Number: 1180762** Receipts & Payments Account Reporting period from 1[st] January until 31[st] December 2023 ## **AR Cash Account** |_Current A/C opening balance 1st January 2023:_ **£ 2,166.26**
**2023**
**Totals**
**INCOME**
**£**
Membership (PayPal, BACS, cheques & cash)
700.00
PayPal (Members/Supporters transactions portal)*
762.86
Donations
2,038.17
Crowdfunder Link-Up (Donation Matching Event)
0.00
Crowdfunder (Personal Donations)
214.17
Fundraising Activities (Tins/Events)
237.55
Transfer of Funds (from AR Gold Deposit Account)
1,500.00
Cash Account Interest
3.05
__________ __
5,455.80|**2022**
**Totals**
**£**
700.00
0.00
1,502.13
2,700.25
0.00
112.13
0.00
2.94
________
5,017.45| |---|---| * _BACs transfer of held Funds into AR cash account_ A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 8 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 |**EXPENDITURE**|2023|2022| |---|---|---| ||£|£| |Licences & Memberships|1,424.39|1,279.53| |Insurance (Liability)|1,190.30|1,127.69| |Music Royalties/Purchases|1,024.50|889.20| |Internet Services/Telecoms|316.80|311.29| |OB Van Costs (Insurance/MOT/Tax/Maintenance)|1,728.16|1,529.70| |Equipment/Maintenance|208.84|245.94| |Stationery & Consumables|57.50|0.00| |Postage|23.75|9.97| |Banking Fees|60.75|81.50| |Miscellaneous (new Studio electrics install)|460.00
|0.00| ||__________|__________| ||6,494.99|5,474.82| Expenditure exceeded income by £1,039.19 _Current A/C closing balance 31[st] December 2023:_ **£ 1,337.38** A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 9 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 _AR Gold Deposit Account opening balance on 1[st] January 2023:_ **£5,689.84** ## **Gold Deposit Account** ## **INCOME:** |Interest transactions_added_to Gold A/C:
27thMarch
26thJune
26thSeptember
27thDecember|**2023**
17.75
20.39
29.27
26.53
______
93.94|**2022**
0.53
2.79
6.33
12.02
______
21.67| |---|---|---| ## **EXPENDITURE:** |_Transfer_of Gold Deposit funds to AR Cash Account:||| |---|---|---| |23rdAugust|1,500.00|0.00| _AR Gold Deposit Account closing balance on 31[st] December 2023:_ **£ 4,283.78** A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 10 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Treasurers Report** ## _Financial Overview_ - Anker Radio manages its Finances in compliance with the requirements of the Charities Act 2011 & the Charity Commissions guidelines ‘Internal Financial Controls for Charities (CC8)’ - Accounts for year ending 31[st] December 2023 have been prepared on a Receipts & Payments basis. - At the end of the year under review, Anker radio is financially stable & has adequate cash reserves to meet known commitments ## _Income_ - The financial downturn in the UK remains a major factor in creating income. We have lost sponsors who cite ‘unaffordable’ pressures to donate to Charities such as ours, as they too have to look towards financial pressures & cost savings. - Due to having good monetary reserve funds we have been able to support our cash account by making funding transfers. - In 2023 we saw two major donations from the same source (HOE) due to the nature of financial grants & approval from their fund management team, which take longer than previously to transact. - Fundraising saw a rise from last year & the Donation figure also surpassed 2022 figure. - Online Fundraising, such as Amazon Smile & Easy Fundraising made small but welcome contributions. It should be noted that Amazon Smile has since been withdrawn as a ‘cashback’ source of income, by Amazon UK. ## _Expenditure_ - The Trustees maintained tight control on expenditure during 2023 - Expenditure for 2023 increased by some £1,020.17 over 2022. This is down to inflation driven increases in Licence(s), Insurance & Internet costs across the UK, over which Anker Radio have little control. - The OB Bus Insurance & Maintenance costs were also higher than 2022. The OB bus element of the Radio Station’s activities remains under cost review. - The Trustees continue to review our current Service providers costs & will seek to source more cost effective alternatives in the market place, if viable for the Radio Station. A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 11 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## _Management of Major Risks_ - Ensuring that Anker Radio generate income to cover the running costs of providing a Hospital Radio service must be considered as a priority. Historically our main revenue sources have been revenue streams through grant funding, personal/covenant donations & Fundraising events. The latter being difficult with the Studio change. - Obviously, all funding streams have associated risks, but due to having prepared a financial buffer afforded by our Reserve account, the Trustees remain confident that we will continue to fulfil our financial commitments & with them, our long term future. - The new studio location affords us the opportunity to hold larger Fundraising events & such dates will be communicated to Members following diary confirmation(s). Finally, whilst revenue remains my main focus, I would like to express my thanks to all those who have made a contribution to the Station over 2023/2024. The new Studio & venue availability brings a positive vibe to the Station & I hope that Members will continue to rally to the cause. Signed on behalf of the trustees, John Goodman Barry Hayward Chairman Treasurer Date:29/04/2024 Date:- 29/04/2024 A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 12 of 13 Anker Radio Trustees’ Annual Report & Financial Statement 2023 ## **Charity Details** ## **Anker Radio** ## **A Charitable Incorporated Organisation, Reg Number 1180762** ## **Trustees** ## John Goodman – Chairman Dave Jennings – Vice Chairman Barry Hayward – Treasurer Geoff Veasey – Secretary ## **Principal Address** C/O The Saunders Club Saunders Avenue Bedworth Warwickshire CV12 8RJ ## **Bankers** CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Signed on behalf of the trustees, John Goodman Chairman Barry Hayward Treasurer Date:- 29/04/2024 Date:- 29/04/2024 A Charitable Incorporated Organisation registered in England and Wales – No 1180762 Page 13 of 13