2023-09-30-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 2022 Period start date To 30[th] Sept 2023 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 and other additional needs 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 feedback from trainers, users and where appropriate, carers & parents.

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, as a total, in excess of 600 hours annually.
Other		Fundraising events are organised, by volunteers or other organisations, several times a year. These serve not only to raise funds, but to raise awareness of the work of the charity.

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 enabled in excess of 100 training sessions with participants ranging from school-age youngsters, through adult learners and older people with additional needs over the past 12 months. Comments and feedback from participants, carers, parents teachers and funders has demonstrated that the vast majority of the participants have improved their confidence & communication skills so that they can become more productive and useful members of society. Some have progressed to present their own radio shows, and some used the training as a starting point for a career in the media. Such is the success of these sessions that the charity has won or been nominated for a number of 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	The largest expense is only incurred if sufficient funds are received to enable the charitable activities to take place. Fixed costs are very low and therefore reserves for these expenses are maintained annually to ensure that the charity can continue to operate for 12 months even if funding was to fall. Reserves at 30 September 2023 were in excess of the amount required due to timing differences in carrying out the activities required by our funding.
Amount of reserves held	Para 1.22	£11, 976
Reasons for holding zero reserves	Para 1.22
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	Para 1.47
any fundraising)
Investment policy and
objectives including any	Para 1.46
social investment policy
adopted
A description of the principal	Para 1.46
risks facing the charity
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	Para 1.51
training of trustees
The charity’s organisational
structure and any wider	Para 1.51
network with which the
charity works
Relationship with any related	Para 1.51
parties
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)	Name of person (or body) entitled to appoint trustee (if any)
Kelvin Currie	Chair/Trainer	Whole Year
David Parkinson		Whole Year
Margaret Currie		Whole Year
Jonathan Bacon		Whole Year
Ian McLaughlin	Trainer	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 None 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)

Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountant	Mark Paxton	Bright Brown Exchange House, St Cross Lane Newport, Isle of Wight PO30 5BZ

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 Milton Currie Position (eg Secretary, Chair Chair, etc) Date 26th July 2024

Vectis Radio 4PS Training School Charitable Incorporated 1189607 Organisation

CC16a

Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts
For the period from	01/10/2022	To	30/09/2023

Section A Receipts and payments	Section A Receipts and payments	Section A Receipts and payments
	Unrestricted funds		Restricted funds		Endowment funds		Total funds	Last year
	to the nearest	£	to the nearest £		to the nearest £		to the nearest £	to the nearest £
A1 Receipts
Income From Charitable Activities	7,191		-		-		7,191	14,608
Donations	4,879		-		-		4,879	1,681
Funds Raising	5,951		-		-		5,951	2,855
		-	-		-		-	-
		-	-		-		-	-
		-	-		-		-	-
		-	-		-		-	-
*Sub total(Gross income for* *AR)*	18,021			-		-	18,021	19,145

A2 Asset and investment sales,
(see table).
		-		-		-	-	-
		-		-		-	-	-
*Sub total*		-		-		-	-	-

*Total receipts*	18,021			-		-	18,021	19,145
A3 Payments

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 7,191 4,879 5,951 - - - - 18,021	Restricted funds to the nearest £ - - - - - - - -	Endowment funds to the nearest £ - - - - - - - -	Total funds to the nearest £ 7,191 4,879 5,951 - - - - 18,021	Last year to the nearest £
Income From Charitable Activities	7,191				14,608
Donations	4,879				1,681
Funds Raising	5,951				2,855
	-				-
	-				-
	-				-
	-				-
*Sub total(Gross income for* *AR)*	18,021				19,145

A2 Asset and investment sales, (see table).
	-	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-
*Total receipts* A3 Payments
					19,145

Use of the Radio Station & support	9,593				13,260
Software	99				181
Repairs and Maintenance	77				436
Accountancy fee for period to 30/9/22	300				400
Other General Expenses	320				419
Insurance	89				89
Advertising & Promotion	794				504
Fund Raising Costs	440				354
	-				-
**Sub total **	11,712				15,644

A4 Asset and investment purchases, (see table)
Studio Equip	856				1,094
Computer Equipment	-				1,083
Outside Broadcast Unit & Equipment	-				3,947
	-				-
**Sub total **	856				6,123
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					21,767

	5,453			5,453	(2,622)
	-			-	-
	6,523			6,523	9,145
	11,976			11,976	6,523

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 B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	(agree balances with receipts and payments account(s)) Details Bank Account *Total cash funds* Details Details Details Details Studio Equipment Furniture Outside Broadcast Unit Computers Accruals Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 11,976 - - - - - 11,976 - 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 6,414 Unrestricted 470 Unrestricted 3,947 Unrestricted 1,083 - - - - - Fund to which liability relates Amount due (optional) Unrestricted 420 - - - - Print Name Mr Kelvin Currie	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			5,000
			200
			2,000
			600
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Mr Kelvin Currie	26th July 2024