## **Trustees’ Annual Report for the period** ## **From Period start date: 6 April 2022 - To Period end date: 5 April 2023** ## **Charity name: Life Radio UK** ## **Charity registration number: 1195870** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Our purpose is to promote the benefits of
the Christian faith, prepare listeners for the
return of Jesus Christ, and promote a
holistic approach to life and health.| |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|Our main activities revolve around
producing live and syndicated radio
programmes that are broadcast 24/7 on our
website, DAB radio, and mobile Apps.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The guidance was issued to all Trustees.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|N/A| |Other||N/A| ## **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|•
We carried out test broadcasts on
the small-scale DAB platforms in
Birmingham.
•
We have renewed our DAB Licence
with Ofcom.
•
We have provided a platform for
congregants who are not
worshipping in person to engage in
various worship experiences.
•
We have highlighted the
achievements and contributions of
people in the UK black community.
•
We have produced a series of
programmes highlighting the
valuable contributions made to the
UK Black Community since 1948.
•
Listeners have been able to hear
inspiring sermons, programmes on
how to make their families thrive,
answers to challenging Bible
questions, and the opportunity to
engage with presenters to express
their opinions.
•
We have provided volunteering and
training opportunities to those
wanting to develop their media
skills.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|N/A| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |Investment performance
against objectives|Para 1.41|No investment objectives have been set.| |Other||Not applicable| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Life Radio UK can meet its financial
obligation thanks to the consistent Gift-aid
donations from listeners. We are planning
to improve our finances through royalties
from two books written by CEO Mike
Johnson to generate income for the station.
The first book is undergoing editorial
assessment by the publishers and is
expected to be realised in Q1, 2024.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We have agreed in principle to adopt a
reserve policy, and this is an ongoing
process in terms of the amount to hold.| |Amount of reserves held|Para 1.22|At present we are holding a nominal;
amount of £1,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|None| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no uncertainties. In addition to
finances, we are also planning for
succession in terms of personnel.| ## **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|Our principal sources of funding are listener
donations, advertising sponsorship, and
HMRC Gift Aid. We are planning a series of
grant applications for 2024-2025, for the
upgrade of our equipment and to expand
our service across five DAB Multiplexes in
Birmingham (2), Milton Keynes,
Londonderry, and Swansea.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The Charity does not hold any financial
investments.| |A description of the principal
risks facing the charity|Para 1.46|The principal risk facing the charity is
insufficient funds to expand on the DAB
radio platform. To mitigate this, we have
developed a mobile App that will be
available in the Android and Apple stores
globally. One added advantage of the App
is that we can monitor download activities
to determine where we are having the
greatest impact.| |Other||Not applicable| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Life Radio UK is constituted as a Charitable
Incorporated Organisation (CIO) with a
constitution, adopted from the Charity
Commission for England and Wales.| |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|The original Trustees came together due to
their relationship with Founder/CEO Mike
Johnson, who has worked with them in
radio or other church ministries over the
years. They share a common goal of using
the radio to spread the Gospel of Jesus
and His soon return. The CEO will
introduce any potential Trustees for
ratification. No bodies are entitled to make
recommendations or to appoint Trustees to
the Board.| |**Additional information (optional)**
You may choose to include further statements|**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|Trustees are made aware of Trustees
policies and the relevant guidelines from
the Charity Commission.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Charity is governed by a Trustee
Board of seven members with elected
positions of Chairperson, Secretary, and
Treasurer. The Board meet quarterly, and
decisions are delegated to the CEO, who
also has authority to make decisions that
are in keeping with the overall strategic
goal of the charity.| |Relationship with any
related parties|Para 1.51|We collaborate with Reach Society to
produce the Milestones Series that
highlights the contributions made to the UK
Black Community media partners who
supply syndicated radio content.| ## **Reference and Administrative details** |Charity name|Life Radio UK| |---|---| |Other name the charity uses|None| |Registered charity number|1195870| |Charity’s principal address|207 Oldbrook Boulevard
Milton Keynes
MK6 2QB| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Michael Johnson|CEO/Secretary||| ||Sandra Golding|Chairperson||| ||Thelma Gage|||| ||Sonia Johnson|||| ||Aled Wyn-Joyce|||| ||Charles Bramble|Treasurer||| ||Marcus Rey|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Not applicable Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |Not applicable||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|Not applicable| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Not applicable| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|Not applicable| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |N/A|N/A|N/A| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |Michael Johnson||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** None ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|_M. Johnson_|| |---|---|---| ||Michael|Johnson| ||
Secretary|| ||14 January 2024|| ||14 January 2024|| ## **Life Radio Income and Expenditure Account 2022 - 2023** |**INCOME**
Donations
Voiceover Payment
Sponsorship
Advertising
Gift Aid
Total Income|4,824.62
150.00
1,050.00
400.00
4,084.12| |---|---| ||10,508.74| |**EXPENDITURE**
Business Broadband
1,127.34
Domain Hosting
481.02
Server Hosting
362.39
DAB Carrriage Fee
768.00
Web developer
784.47
Remote Broadcasting
723.52
Podcast distribution
303.57
Studio Text Service
175.84
Studio Phone in Line
134.30
Radio Phone Line
11.99
Software Purchase
529.23
Bank Charge
67.92
Web Security
183.95
Radio Live stream
94.47
U Tube
131.89
Grapic Design
1,581.56
Cloud Storage
201.13
Studio Accessory
605.55
Studio Playout Software
1,446.25
Office Supplies
169.57
Printer Consumables
35.89
Web Plug in
95.87
Membership & Subs & Licences &
Playstore & Copywright
922.15
PC Purchase & Audio Converter & VPN
1,564.99
Laptop Ins
40.50
DAB Carriage
1,552.00
Station Audio Imaging
600.00
Marketing
1,118.00
Venue hire
60.00
Awards evening
190.00
App development
1,547.12
Winrush Writers Fee
164.59
Postage
14.10
Travel
87.56
Total Expenditure
Net Movement|| |---|---| ||17,876.73| ||-7,367.99| |Opening Bank Balance||8,825.29| |---|---|---| |Closing Bank Balance||1,457.30| ||Net Movement|-7,367.99|