##
##
##
|Contents||Page|
|---|---|---|
|Company|Information|1|
|Trustees'|Report|2-9|
|Report of|the Auditor|10-12|
|Statement|of Financial Activities|13|
|Balance Sheet||14|
|Statement|ofCash Flows|15|
|Notes to the Accounts||16-23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|negotiations|with a prospective
purchaser
but have not yet exchanged
co|with a prospective
purchaser
but have not yet exchanged
co|ntracts.||
|---|---|---|---|---|
|An overview|ofFeba Radio's income and expenditure
during the financial||year is shown|below:|
||||2020f|2019f|
|Income —Total: f1,419,925||Gifts|73.9'/o|68.1'/o|
|||Legacies|25 4o/o|31 3o/o|
|||Other|0.7'/o|0 6'/o|
|Expenditure-|Total: F1,096,695|Charitable
Activity|84 5'/o|86'/o|
|||Cost of raising funds|14.5'/o|13o/o|
|||Governance
costs|1'/o|1 o/o|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|FOR THE YEA|R ENDED 30SEP|TEMBER 2020|TEMBER 2020||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Restdcted|2020|Unrestricted|Restricted|2019|
|||Note|Funds
f|Funds
f|Total|Funds
f|Funds|Total|
|Income from:|||||||||
|Donations|||818,271|231,280 1,049,551||842,682|335,346|1,178,028|
|Legacies|||360,003||360,003|542,263||542,263|
|Investments
—interest receivable|||4,693||4,693|4,874||4,874|
|Other sources|||416||416|4958||4 958|
|Total income||1183383||231280 1414663||1394777|335346|1730123|
|Expenditure
on:|||||||||
|Raising funds||2|159,461||159,461|131,701||131,701|
|Charitable
activities:||3|||||||
|Partner Media Projects|||595,817|273,280|869,097|570,426|247,769|818,195|
|Partnership
Team Costs|||68 137||68 137|66 071||66071|
|Total expenditure|||823415|273 28D 1096695||768198|247769|1015967|
|Net gains on investments|||5262||5262|890||890|
|Net Income|||365230|~42 DDD|323 23D|627469|87 577|715046|
|Net movement|in funds||365,230|(42,000)|323,230|627,469|87,577|715,046|
|Reconciliation|offunds||||||||
|Funds brought|forward|2|418320|154 130 2 572450||1 790 851|66 553|1 857404|
|Funds carried|forward||||||||
##
##
|||||Note|2020f|2019
f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible
fixed assets|||||249,336|241,578|
|Current assets|||||||
|Investments|||||62,643|57,381|
|Debtors|||||211,955|378,710|
|Cash at bank and||in|hand||2492 829|2 027 800|
||||||2,767,427|2,463,591|
|Creditors: Amounts|||falling due||||
|within one|year|||10|121 D83|132719|
|Net current|assets||||2 646 344|2 33D872|
|Net assets|||||||
|Restricted|funds|||12|112,130|154,130|
|Unrestricted|funds||||||
|Fixed asset|fund|||12|249,336|241,578|
|Designated|reserve funds|||12|1,200,000||
|General reserve||||12|1 334214|2 176742|
##
##
|FOR THE YEAR ENDED 30SEPTEMB|ER|2020|||||
|---|---|---|---|---|---|---|
||||2020||2019||
|Cash provided
by/(used
In) operating|activities||||||
|(see below)|||470,980|||899,680|
|Cash flows from investing
activities|||||||
|Purchase oftangible
fixed assets|||(10,344)||||
|Interest and dividends
received|||4693|4874|||
|Cash provided
by investing
activities|||5651|||4 874|
|Net cash inflow|||465,329|||904,554|
|Cash and cash equivalents
at 1 October|2019||2027550||1|122 646|
|Cash and cash equivalents
at 30September 2020|||||||
|Cash flows from operating
activities|||||||
|Net income for the year|||323,230|||715,046|
|Interest and dividends
included
in investing||activities|(4,693)|||(4,874)|
|Depreciation|||2,586||||
|Net (gains)/losses
on investments|||(5,262)|||(890)|
|Decrease/(Increase)in
debtors|||166,755|||202,599|
|(Decrease)/Increase
in creditors|||~11636|||~12201|
|Cash provided
by/(used
in) operating|activities||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Governance|Staff|Other|2020|2019|
|---|---|---|---|---|---|---|
|SUPPORT|COSTS|||Head Office|Total|Total|
|Fundraising
Partner
Media Projects||2,736
8,804|33,919
109,164|55,631
179,034|92,286
297,002|46,875
291,213|
|Partnership|Team Costs|690|8559|14036|23285|23516|
##
##
##
|GOVERNANCE COS|TS||||
|---|---|---|---|---|
||||2020|2019
f|
|Auditors
remuneration|for audit services||7,200|7,200|
|Trustee expenses|||1 268|4 022|
||||L468||
|STAFF COSTS|||2020|2019|
|Wages and salaries|||243,859|190,992|
|Social security|||19,679|14,727|
|Employer
contribution|to defined contribution|pension schemes|14,924|15,045|
|Other employee
benefits|||8767||
|Average number ofemployees|Average number ofemployees|during the year|||
|---|---|---|---|---|
|Partnership|Team||1.0|0.5|
|Support|||6.0|5.5|
||||ZQ|kQ|
##
##
||||Freehold|Furniture,||
|---|---|---|---|---|---|
||||property
f|equipment
& IT
f|Total|
||Cost|||||
||At 1 October 2019||257,578|130,936|388,514|
||Additions|||10,344|10,344|
||Disposals|||~122341|~122341|
||At 30September 2020||257 578|18939|276517|
||Depreciation|||||
||At 1 October 2019||16,000|130,936|146,936|
||Charge for the year|||2,586|2,586|
||Released
on disposal|||~122341|~122 341|
||At 30September 2020||16000|11 181|27 181|
||Net book value|||||
||At 30September 2020|||||
||At 30September 2019|||||
|8|INVESTMENTS|||||
||Listed investments
on the UK Stock Exchange:|||||
|||||2020|2019f|
||Valuation|||||
||At 1 October 2019|||57,381|56,491|
||Revaluation
in year|||5262|890|
||At 30September 2020|||||
|9|DEBTORS|||||
|||||2020f|2019|
||Tax recoverable|||65,398|35,833|
||Sundry debtors|||64,202|78,911|
||Legacies receivable|||82 355|263966|
|10|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2020f|2019|
||Other creditors|||9,513|14,579|
||Other taxes and social|security costs||6,604|3,253|
||Accruals and deferred|income||104966|114887|
##
##
|FUND STATEMENT|||||||
|---|---|---|---|---|---|---|
|||||2020|||
||Brought||Income|Expenditure|Transfers|Carried|
||Forward
f|||||Forward
f|
|Restricted funds|||||||
|Special projects|154130||231 280|~273 280||112130|
|Total restricted
funds|154130||231 280|~273280||112130|
|Unrestricted
funds|||||||
|Designated|||||||
|Fixed asset fund|241,578||||7,758|249,336|
|Designated
reserve funds|||||1,200,000|1,200,000|
|Undesignated|||||||
|General reserve|2176742|1|188645|~823415|~(207758|1 334 214|
|Total unrestricted
funds|2418320|1188645||~823415||2 783550|
|Total funds|||||||
|||||2019|||
||Brought||Income|Expenditure|Transfers|Carried|
||Forward|||||Forward
f|
|Restricted funds|||||||
|Special projects|66,553||313,797|(226,220)||154,130|
|Programme
development|||21 549|~21 549|||
|Total restricted
funds|66 553||335346|~247 769||154130|
|Unrestricted
funds|||||||
|Designated
Fixed asset fund|241,578|||||241,578|
|Undesignated|||||||
|General reserve
Total unrestricted
funds|1 549 273
1 790 851|1 395667
1 395667||( ~768198
( ~768198||2 176742
2418320|
|Total funds|||||||
##
##
##
##