Good evening Ladies and Gentlemen. Thank you for taking the time out of your day to attend our AGM.
Over the last 12 months I have tended to visit the station at various times of the day to keep an eye on the accounts and ensure payments have been made. Ive always tried to pick quieter times of the day. But this has not been the case. The studio is busy during the day and its been a great pleasure to meet lots of new members. Our association continues to grow. Which is of course good news.
Moving onto the financial report.
Our financial year runs from 1[st] October till the 30[th] September. we opened the year with £35024 in our accounts.
Last year we raised £6958 for the 2[nd] year running our income has risen . This year we generated £8149 an increase of £1182
Our main source of income has been our friends of scheme. Last year I reported that the scheme raised £2820. This year we raised £2968. This accounts to approximately 40% of our fundraising. Considering we havent been out and about in the last 3 years its encouraging that this method of fundraising continues to grow.
We still raised £183 from our older style of subscriptions that is down from £232 the previous year. As time progresses I expect that figure to decrease even further.
We managed to get out and do a couple of talks which raised £110 Thanks to val Hollier. we received donations totalling £942 which is an increase of £355 from last year. Sponsorship increased from£635 to £1060 so thanks to Veronica Ryder for taking the lead on obtaining sponsorship. Trevors new Years eve disco raised £210. I managed to reclaim £1291 from the government in the way of gift aid.
The previous year we received £2404 from publishing magazines. The studio has been rather full of magazines this year as we have still not got our request collectors out on the wards. Its good to see the magazine pile reducing and hopefully we can get them distributed and publish a new magazine.
we have throughout the year sold some of our dated equipment that we havent used in many a year. This raised £739
Moving onto expenditure. This year our main focus of the association has been our refurbished studio. Therefore its of no great surprise that our expenditure is similar to last year when we started the project. Last year our expenditure was £15832. The big expenditure last year being the myriad system.This years expenditure was £15103 a reduction of £729 from the previous year.
We have brought a lot of equipment that I could read out but that would add 5 minutes as I go through the list. You just have to go into the studio complex to see what we have bought. The studio looks completely different to where we were 2 years ago. and somewhat different to what it looked like last year. The
equipment that we bought just in the last 12 months cost £6865. So over the last 2 years upto and including today we have spent £15000 bringing you a studio complex that’s looks and feels professional with a welcoming feel.
As we have replaced the system and purchased new items the studio maintenance expenditure has also risen from £895 to £1975. Last year I had a little moan about food and drink being consumed in the studios. The cost of making good the damage that the small spills and crumbs cause cost us £708. plus our engineers time. when I’m sure they would have been happier putting their time to better use. So again can I please request that no food is to be taken into the studio and drinks are kept well away from the equipment.
As we are all aware this year has seen rising prices with inflation running significantly higher than it has for many a year. Our licencing fees increased from £2910 to £3108. I am expecting increases in our studio insurance, ppl licence, irn news fees, broadband. well in all areas were we have a fixed cost.
Our fixed costs plus maintenance last year was £8238. Im expecting this to increase to £10000 over the next 12 months .
We made purchases of £6865. Making total expenditure of £15103
we ended the year with £28073 a reduction of our cash by £6951.
We now have just over 2 years running costs which is in line with the charity commissions guidelines.
Going forward
When we set up our friends of scheme it was the intention that this would be the a way of making the association self financing without the need to fund raise. At the moment it covers approximately 30% of our financial requirements. we introduced the scheme 7 years ago at £2 per month.in that time we have not increased the scheme. From the 1[st] January 2023. The scheme will increase its starting level from £2 to £4 per month for new members. Existing members will be encouraged to increase their contribution to £4 a month. If you can afford to. can I ask you to the increase your contribution to £4 per month. If every member did that we would raise nearly £6000. No existing member will be forced to increase their donations but if you can please do.
as always I will monitor the situation regarding income verses expenditure. There may be a time in the next 12 months that a fund raising committee may be set up. This will only be the case if we are either unable to balance our books and keep our reserves within 2 year running costs or we need to fund raise for major expenditure.
This year has been our 50[th] anniversary. our time this year has been spent renovating the studio a big thank you to all involved. Im sure Gary, Mark and Paul will give thanks to all who have contributed in this major project. But on a personal level I would like to thank Andy, Dan and Mark for leading the project.
Next year with the studio finished, I am planning with hopefully elected personal manager to put on social events, starting with a Bowling evening at tower Park on Friday 27[th] January. Please put your name down lets make it a great night.
I will also during the summer be hiring a beach hut for the day. I will hopefully try and get my hands on a bed so we can push the bed along the sea front plus raise a few pounds. Hopefully we can have a few cheese and wine evening and hopefully a quiz.
If anyone has any ideas or wants to put on an event well lets do it.
Over the last 12 months working together has produced fantastic improvements to our association lets carry on.
Thank you
## **Bournemouth and East Dorset Hospital |Broadcasting ANo (if any)**
**Receipts and payments accounts For the period** Period start date **To from** 1st October 2021
Period end date 30th September 2022
## **Section A Receipts and payments**
**----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Voluntary Income 3,152 - - 3,152
Acitivities to generate income 4,249 - - 4,249
barclays interest 9 - - 9
- - - -
- - - -
- - - -
- - - -
- - - -
7,410 - - 7,410
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
sale of assetts 739 - - 739
- - - -
Sub total 739 - - 739
Total receipts 8,149 - - 8,142
A3 Payments
tv licence 159 - - 159
broadband 1,084 - - 1,084
stationary - - - -
studio maintenance 1,975 - - 1,975
stationary - -
licences 3,108 - - 3,108
food 251 - - 251
covid 48 - - 48
myriad 1,613 - - 1,613
Sub total [ 8,238 ] - - 8,238
A4 Asset and investment
purchases, (see table)
purchases 6,865 - - 6,865
- -
Sub total [ 6,865 ] - - 6,865
Total payments 15,103 - - 15,103
Net of receipts/(payments) - 6,951 - - - 6,951
A5 Transfers between funds - -
A6 Cash funds last year end 35,024 - - 35,024
Cash funds this year end 28,073 - - 28,073
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**||**Restricted**|
|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**||**funds**|
|**B1 Cash funds**|Natwest
barclays|**_Total cash funds_**|**to nearest £**
**8,065**
**20,009**
**28,074**|
|**to nearest £**
**-**
**-**
**-**
**-**|
||(agree balances with receipts and payments
account(s))||Agreement Error|OK||
||||**Unrestricted**||**Restricted**|
||||**funds**||**funds**|
|**B2 Other monetary assets**|**Details**
none||**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|
|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|
|**B3 Investment assets**|**Details**
none||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**||
|**B4 Assets retained for the**|**Details**
assetts purchased in previous 5 years||25718
**Fund to which**
**asset belongs**|**Cost (optional)**
**-**||
|**charity’s own use**|computers
furniture
cd and records including downloads
mixing desk
includes the following (see table)|||
|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|
||||**Fund to which**||**Amount due**|
|**B5 Liabilities**|**Details**
none||**liability relates**|
|**-**
**-**
**-**
**-**
**-**
**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees||Signature|Print|Name||
||||Andrew Scott
Gary Plummer|||
**----- Start of picture text -----**
CC16a
**----- End of picture text -----**
## **Last year**
## **to the nearest £**
**3,053 3,904 1 - - - - 6,958**
**9 - 9 6,967**
**159 1,213 46 895 - 2,910 251 2,089 1,613 9,176**
**6,656 - 15,832 - 8,865 44,129 35,024**
## **Endowment funds**
**to nearest £ - - - -**
OK
**Endowment funds to nearest £ - - - - - -**
**Current value (optional) - - - - -**
**Current value (optional) - - - - - - - - - When due (optional)**
Date of approval