2022-09-30-accounts - The Vectis Radio 4ps Training School CIO

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1[st] Oct 2021 Period start date To 30th Sept 2022 Period end date

Charity name: The Vectis Radio 4Ps Training School CIO

Charity registration number: 1189607

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of education in the subject of radio broadcasting and related topics for the public benefit,
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	Training children, young people adults and older people with disabilities in the preparation, presentation, production & podcasting of radio shows both live & recorded.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have overseen the activities of the charity to ensure that it meets its public benefit requirements. This is evidenced by testimonials and user/carer feedback.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity does not make grants.
Policy on social investment including program related investment	Para 1.38	The charity does not make social investment.
Contribution made by volunteers	Para 1.38	All trainers are volunteers and contribute in excess of 600 hours annually.
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 training school has enabled in excess of 100 sessions with participants for training over the past 12 months. Comments and feedback from participants, carers and/or teachers has made it clear that the vast majority of these participants have improved their confidence & communication skills generally. Some have moved on to present their own radioshows, podcast or read news bulletins. Some are aiming at a career in the media. Such an increase in confidence and communication renders these individuals more generally useful to society and potentially gain employment. This has been recognised by the charity winning national awards.

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

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
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	Please refer to the receipts & payments account submitted with this document.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves have been carried forward as cash funds of £6,523. this is due to timing differences in carrying out the activities required by our funding.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No uncertainties raised by trustees or accountants.

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
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO Foundation
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
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	Election to post as required or directed by existing board of trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
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	The Vectis Radio 4Ps Training School CIO
Other name the charity uses
Registered charity number	1189607
Charity’s principal address	The Riverside Centre The Quay, Newport Isle of Wight PO30 2QR

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Kelvin Currie	Chair	Whole Year
David Parkinson		Whole Year
Margaret Currie		Whole Year
Jonathan Bacon		Whole Year
Ian McLaughlin		Whole Year

– Corporate trustees names of the directors at the date the report was approved Director name None

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
None

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	None
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Additional information (optional)
Names and addresses of advisers (Optional information) Type of adviser	Name
Financial	Wordsfinance Ltd. 6 Sydney Way. PO7 5FG

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

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) Kelvin Currie Position (eg Secretary, Chair, etc) Chair

Date 1[st] Dec 2022

Vectis Radio 4PS Training School Charitable	1189607
Incorporated Organisation
Receipts and payments accounts		CC16a
01/10/2021 For the period from To	30/09/2022

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 1,681 2,855 4,537 - - - 4,537 13,260 181 436 400 419 89 504 354 - 15,644 1,094 1,083 3,947 6,123 21,767 (17,230) 14,608 (2,622)	Restricted funds to the nearest £ 14,608 14,608 - - - 14,608 - - - - - - - - - - - - - - 14,608 - 14,608 (0)	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 14,608 1,681 2,855 - - - - 19,145 - - - 19,145 13,260 - 181 436 400 419 - 89 504 354 - 15,644 1,094 - 1,083 3,947 - 6,123 21,767 (2,622)	Last year to the nearest £
Grants					12,226
Donations	1,681				71
Funds Raising	2,855				1,775
Bank Account transferred from dissolved CIC					8,318
Fixed Assets transferred from dissolved CIC					1,853
					-
					-
*Sub total(Gross income for* *AR)*	4,537				24,243

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					24,243

Use of the Radio Station & support	13,260				7,051
Contractor					4,187
Software	181				-
Repairs and Maintenance	436				-
Accountancy fee for period to 30/9/21	400				300
Other General Expenses	419				95
Kelvin Reimbursed					1,142
Insurance	89
Advertising & Promotion	504
Fund Raising Costs	354				-
	-				-
**Sub total **	15,644				12,775

A4 Asset and investment purchases, (see table)
Studio Equip	1,094
Office Furniture					470
Computer Equipment	1,083
Outside Broadcast Unit & Equipment	3,947
Assets acquired from Dissolved CIC					1,853
**Sub total **	6,123				2,323
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end **Cash funds this year end **
					15,098

	(17,230)	14,608	-	(2,622)	9,145
	14,608	- 14,608	-	-	-
			-	9,145	-
	(2,622)	(0)	-	6,523	9,145

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Accruals Details Details Studio Equipment Furniture Outside Broadcast Unit Computers Details Details Bank Account *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 6,523 - - - - 6,523 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Unrestricted 5,558 Unrestricted 470 Unrestricted 3,947 Unrestricted 1,083 - - - - - Fund to which liability relates Amount due (optional) Unrestricted 300 - - - Print Name Mr Kelvin Currie	Endowment funds to nearest £

			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			2,000
			300
			3,947
			750
			-
			-
			-
			-
			-
			When due (optional)





			Date of approval
		Mr Kelvin Currie	08/12/2022