BROADCAST ENGINEERING CONSERVATION GROUP
Registered Charity number: 1189469
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2023
| INDEX | |
|---|---|
| PAGE | |
| TRUSTEES’ REPORT | 2 |
| INDEPENDENT EXAMINER’S REPORT | 3 |
| STATEMENT OF FINANCIAL ACTIVITIES | 4 |
| FOR THE YEAR ENDED 31ST DECEMBER 2023 | |
| BALANCE SHEET AT 31ST DECEMBER 2023 | 5 |
BROADCAST ENGINEERING CONSERVATION GROUP
TRUSTEES’ REPORT
The trustees present their report and financial statements for the period ended 31st December 2023.
Description of charity
The BECG is governed by a constitution adopted on 29th January 2020.
The management of the charity is undertaken by a committee consisting of a Chair, Secretary, Treasurer and between three and eight other members. The members of the committee are the trustees of the charity. The trustees are elected by and out of the charity’s members at the Annual General Meeting.
Objectives and activities
The principal objective of the BECG is to advance education for the public benefit in the history of broadcasting.
In the BECG’s third year of operation we have:
-
Completed initial building works so that Studio 1 can house some of our vintage outside broadcast vehicles
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Equipped a previously derelict space as our Central Apparatus Room
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Acquired and displayed the Yaxley Collection of historic public address equipment
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Opened the Broadcast Engineering Museum to the public for the second time as part of Heritage Open Days
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Written and published more articles on our website and elsewhere
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Exhibited again at the Retrotech vintage technology fair
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Continued to build relationships with the local community at Hemswell Cliff including a special screening of The Dam Busters to mark the 80[th] anniversary of the raid
Trustees
The trustees who served during the period were: Jeffrey Borinsky (treasurer) Richard Harris Dave Hill (secretary) Richard Lamont Paul Marshall (chairman) Phil Nott Martin Pritchard
The trustees declare that they have approved the trustees’ report set on page two above.
Signed on behalf of all the trustees:
Chair
Treasurer
17th October 2024
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BROADCAST ENGINEERING CONSERVATION GROUP
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BROADCAST ENGINEERING CONSERVATION GROUP
Independent examiner’s report to the trustees
I report to the trustees on my examination of the accounts of Broadcast Engineering Conservation Group (“the BECG”) for the year ended 31st December 2023.
Responsibilities and basis of report
As the charity trustees of the BECG you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the BECG’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:
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accounting records were not kept in respect of the BECG as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peter Weiss FCA
Leapman Weiss, Chartered Accountants, Unit 6, 30 Friern Park, London, N12 9DA
17th October 2024
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BROADCAST ENGINEERING CONSERVATION GROUP Statement of financial activities for the year ended 31st December 2023
| 2023 | 2022 | |
|---|---|---|
| Total | Total | |
| Incoming resources | ||
| Incoming resources from charitable | ||
| activities | ||
| Sales | 4500 | - |
| Donations and fund raising | 47,486 | 96,959 |
| Gift Aid | 9,526 | 49,094 |
| VAT | - | 845 |
| Sundry income | 5,851 | 8,600 |
| Bank interest | 90 | - |
| Total incoming resources | 67,453 | 155,498 |
| Resources expended | ||
| Charitable activities | ||
| Direct expenditure | ||
| Bank fees | 58 | - |
| Professional fees | - | - |
| Insurance | 3,225 | 2,300 |
| Maintenance and repairs | 3,326 | 24,584 |
| Transport | 1,648 | 271 |
| Sundries | 9,123 | - |
| VAT | 593 | - |
| Direct charitable administration | ||
| Bank fees | - | - |
| Depreciation | 1,548 | - |
| Insurance | - | - |
| Premises | 4,730 | 3,146 |
| Printing, IT and telephone | 416 | 508 |
| Sundries | 1,850 | - |
| 26,519 | 30,809 | |
| Governance costs | ||
| Examiner's fee | - | - |
| Total resources expended | 26,519 | 30,809 |
| Net incoming resources before transfers | 40,934 | 124,688 |
| Gross transfers between Funds | 0 | 0 |
| Net movement in Funds | 40,934 | 124,688 |
| Total Funds brought forward | 442,636 | 317,948 |
| Total Funds carried forward | 483,571 | 442,636 |
| There were no recognised gains or losses other than the result for | period. |
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BROADCAST ENGINEERING CONSERVATION GROUP
BALANCE SHEET AT 31ST DECEMBER 2023
| Fixed assets Freehold land and vehicles Current assets Debtors Cash at bank and Paypal Creditors: Amounts falling due within one year Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year Net assets Funds of the charity General fund Total funds |
2023 £ 434,502 980 48,089 __ 49,069 - _ 49,069 483,571 - 483,571 483,571 483,571 ___ |
2022 £ 403,283 677 38,676 __ 39,353 - _ 39,353 ___ |
|---|---|---|
| 442,636 - __ 442,636 ____ |
||
| 442,636 __ 442,636 ____ |
Signed on behalf of all the trustees:
Chair
Treasurer
17th October 2024
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BROADCAST ENGINEERING CONSERVATION GROUP
NOTES TO THE FINANCIAL STATEMENTS AT 31ST DECEMBER 2023
1. ACCOUNTING POLICIES
1.1 The financial statements have been prepared on the basis of historic cost, in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (“SORP”); applicable accounting standards and with the Charities Act 2011. The following paragraphs describe the main accounting policies.
1.2 Income represents donations from trustees and the public and Gift Aid. These incoming resources are included in the statement of financial activities when the Charity becomes entitled to the income, the trustees are certain they will receive the income; and the monetary value can be measured with sufficient reliability.
1.3 Liabilities, including loans, are recognised as soon as there is legal obligation committing the Charity to pay out resources.
2. NET INCOMING RESOURCES
Net incoming resources for the year are arrived at after charging:
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Examiner’s fee | - _ |
- _ |
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BROADCAST ENGINEERING CONSERVATION GROUP
NOTES TO THE FINANCIAL STATEMENTS AT 31ST DECEMBER 2023 (CONT.)
3. FIXED ASSETS
| Freehold property Vehicles £ £ Cost At 1st January 2023 393,460 9,823 Additions 29,621 3,146 Disposals - - __ At 31st December 2023 423,081 12,969 Depreciation At 1st January 2023 - - Charged in period 1,548 - Disposals - - At 31st December 2023 1,548 - Net book value At 31st December 2023 421,533 12,969 At 1st January 2022 393,460 9,823 . DEBTORS 2023 2022 £ £ Gift Aid 34 325 VAT 946 352 Prepayments - - 980 677 ___ |
Total £ 403,283 32,767 - __ 436,050 ____ |
|---|---|
| - 1,548 - __ 1,548 ____ |
|
| 434,502 ______ |
|
| 403,283 ______ |
|
4. DEBTORS
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Trustees | - | - |
| Accruals | - | - |
| _ | _ | |
| - | - |
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