REGISTERED COMPANY NUMBER: 01070851 (England and Wales) REGISTERED CHARITY NUMBER: 264920
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2025
for
Three O'Clock Productions Limited
RAA Cansdales Business Advisers Ltd St Mary's Court The Broadway Old Amersham Bucks HP7 0UT
Three O'Clock Productions Limited
Contents of the Financial Statements for the Year Ended 30 September 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
Three O'Clock Productions Limited
Report of the Trustees
for the Year Ended 30 September 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the charitable company is to maintain, advance and promote the Christian religion through the production of radio and television programmes. The charitable company (registration number 1070851), which is limited by guarantee, is registered as a Charity (number 264920).
It is the policy of the Directors to make grants to institutions and individuals in accordance with the objects of the charitable company for charitable causes from funds available for distribution.
FINANCIAL REVIEW
Financial position
The Directors have followed the guidance in the Charity Commission's General Guidance on Public Benefit when reviewing our aims and objectives and in planning our activities. In particular, the Directors consider how the planned activities of the Trust will contribute to the aims and objectives they have set. The company exists to further the Christian religion, principally through the electronic media, by providing training, advice, supporting technology and responding directly to media requests for briefings and contributions. The company continues to make significant contributions to the understanding of the structures and agendas of the media and the development of expertise among church leaders. We continued to advise members of the Archbishops' Council, the General Synod and Church of England and Church Commissioners staff about dealing with the media. We continue to support the work of, inter alia, the International Christian Media Commission Ltd., Premier Christian Radio, the Li Tim-Oi Foundation, The Anglican Communion, the Cambridge Coexist Leadership Programme, the Methodist Church of England and Wales and Bible Society.
During the year equipment owned, operated and maintained by the Company facilitated frequent local, national and international radio to the furtherance of the Christian faith.
The company maintains its slim management structure of two directors and no employees. Office and professional expenses continue to be kept at an absolute minimum.
Reserves policy
It is the policy of the charitable company to maintain unrestricted funds, which are the free reserves of the charitable company, at a level which is sufficient to enable the charitable company to continue its ongoing work and cover its management and administration costs for a reasonable period in the event of a significant drop in funding.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01070851 (England and Wales)
Registered Charity number
264920
Page 1
Three O'Clock Productions Limited
Report of the Trustees for the Year Ended 30 September 2025
Registered office
Semaphore Lodge 30 Weybourne Road Sheringham Norfolk NR26 8HF
Trustees
C D Rees T R Rees Retired C H M Rees Cbe Clerk In Holy Orders
Independent Examiner
Caroline Brazier RAA Cansdales Business Advisers Ltd St Mary's Court The Broadway Old Amersham Bucks HP7 0UT
PLANS FOR FUTURE PERIODS
The company has gone through a period of transition consequent to a re-location. We seek to establish new areas of activity in our new location and continue to work with like-minded individuals and entities in the local, national and international Church.
Approved by order of the board of trustees on 17 March 2026 and signed on its behalf by:
C D Rees - Trustee
Page 2
Independent Examiner's Report to the Trustees of Three O'Clock Productions Limited
Independent examiner's report to the trustees of Three O'Clock Productions Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Caroline Brazier
RAA Cansdales Business Advisers Ltd St Mary's Court The Broadway Old Amersham Bucks HP7 0UT
17 March 2026
Page 3
Three O'Clock Productions Limited
Statement of Financial Activities
for the Year Ended 30 September 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities 2 Charitable Income 31,747 EXPENDITURE ON Raising funds Other trading activities 3 241 241 Charitable activities 4 Charitable Expenditure 11,900 Total 12,141 NET INCOME 19,606 RECONCILIATION OF FUNDS Total funds brought forward 14,212 TOTAL FUNDS CARRIED FORWARD 33,818 |
2024 Total funds £ 36,392 |
|---|---|
| - | |
| - 29,130 |
|
| 29,130 | |
| 7,262 6,950 |
|
| 14,212 |
The notes form part of these financial statements
Page 4
Three O'Clock Productions Limited
Balance Sheet
30 September 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 - CURRENT ASSETS Debtors 10 16,688 Cash at bank 8,831 25,519 CREDITORS Amounts falling due within one year 11 8,299 NET CURRENT ASSETS 33,818 TOTAL ASSETS LESS CURRENT LIABILITIES 33,818 NET ASSETS 33,818 FUNDS 12 Unrestricted funds 33,818 TOTAL FUNDS 33,818 |
2024 Total funds £ 241 4,980 11,487 16,467 (2,496) 13,971 14,212 14,212 14,212 14,212 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 March 2026 and were signed on its behalf by:
C D Rees - Trustee
The notes form part of these financial statements
Page 5
Three O'Clock Productions Limited
Notes to the Financial Statements
for the Year Ended 30 September 2025
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
INCOME
Income is recognised when the Charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
EXPENDITURE
Expenditure is accounted for on an accrual basis, inclusive of VAT which cannot be recovered. Charitable Activities includes those costs which meet the objectives of the charitable company by relating directly to the advancement, support and education of religious and charitable groups. Governance costs are those incurred in meeting the statutory requirements of running the charitable company.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds are available for use at the discretion of the Directors in furtherance of their charitable objectives unless the funds have been designated for other purposes.
GOING CONCERN
The financial statements of the charitable company show that they have insufficient funds to meet its liabilities as they fall due. However these financial statements have been prepared on a going concern basis based on the undertakings provided by the directors who will continue to support it.
The charitable company has already taken steps to address this situation and has secured training contracts which will start to address the deficit. The directors are confident that the charity is still viable and it will return to having net current assets in due course.
Page 6
continued...
Three O'Clock Productions Limited
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
| 2. INCOME FROM CHARITABLE ACTIVITIES 2025 Activity £ UF Charitable income 1 Charitable Income 31,747 3. OTHER TRADING ACTIVITIES 2025 £ Support costs 241 4. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 5) note 6) £ £ Charitable Expenditure 10,089 1,811 5. DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 £ Sundries 648 Fees out 1,048 Office Cost 2,946 Church & media 1,646 Maintenance 416 Travel 3,385 Depreciation - 10,089 6. SUPPORT COSTS Management Other £ £ Other trading activities - 241 Charitable Expenditure 1,811 - 1,811 241 |
2024 £ 36,392 |
2024 £ 36,392 |
|---|---|---|
| 2024 £ - Totals £ 11,900 |
||
| 2024 £ 140 1,201 17,354 2,299 1,040 5,210 43 |
||
| 27,287 | ||
| Totals £ 241 1,811 2,052 |
||
| 2,052 |
continued...
Page 7
Three O'Clock Productions Limited
Notes to the Financial Statements - continued
for the Year Ended 30 September 2025
6. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
| 2025 | 2024 | |||
|---|---|---|---|---|
| Other | ||||
| trading | Charitable | Total | Total | |
| activities | Expenditure | activities | activities | |
| £ | £ | £ | £ | |
| Accountancy | - | 1,794 | 1,794 | 1,794 |
| Interest payable and similar charges | - | 17 | 17 | 49 |
| Loss on disposal of asset | 241 | - | 241 | - |
| 241 | 1,811 | 2,052 | 1,843 |
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation - owned assets | - | 43 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
9. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Fixtures | |
| and | |
| fittings | |
| £ | |
| COST | |
| At 1 October 2024 | 16,304 |
| Disposals | (241) |
| At 30 September 2025 | 16,063 |
| DEPRECIATION | |
| Eliminated on disposal | 16,063 |
| NET BOOK VALUE | |
| At 30 September 2025 | - |
| At 30 September 2024 | 16,304 |
continued...
Page 8
Three O'Clock Productions Limited
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Other Debtors | 11,709 | - | ||
| Director loan Account | 4,979 | 4,980 | ||
| 16,688 | 4,980 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 2025 | 2024 | |||
| £ | £ | |||
| Other creditors | (179) | 702 | ||
| Directors Current Account | (9,914) | - | ||
| Accrued expenses | 1,794 | 1,794 | ||
| (8,299) | 2,496 | |||
| 12. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1.10.24 | in funds | 30.9.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 14,212 | 19,606 | 33,818 | |
| TOTAL FUNDS | 14,212 | 19,606 | 33,818 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 31,747 | (12,141) | 19,606 | |
| TOTAL FUNDS | 31,747 | (12,141) | 19,606 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1.10.23 | in funds | 30.9.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 6,950 | 7,262 | 14,212 | |
| TOTAL FUNDS | 6,950 | 7,262 | 14,212 |
continued...
Page 9
Three O'Clock Productions Limited
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,392 | (29,130) | 7,262 |
| TOTAL FUNDS | 36,392 | (29,130) | 7,262 |
13. RELATED PARTY DISCLOSURES
Energy, communications, Mobiles, IT and storage costs of £xxxx during the year which were incurred by the director, Mr C D Rees personally and these have been reimbursed by the company to him.
Page 10
Three O'Clock Productions Limited
| INCOME AND ENDOWMENTS Charitable activities UF Charitable income 1 Total incoming resources EXPENDITURE Charitable activities Sundries Fees out Office Cost Church & media Maintenance Travel Fixtures and fittings Support costs Management Accountancy Bank Interest and charges Other Loss on disposal of asset Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 30 September 2025 2025 2024 £ £ 31,747 36,392 31,747 36,392 648 140 1,048 1,201 2,946 17,354 1,646 2,299 416 1,040 3,385 5,210 - 43 10,089 27,287 1,794 1,794 17 49 1,811 1,843 241 - 12,141 29,130 19,606 7,262 |
Detailed Statement of Financial Activities for the Year Ended 30 September 2025 2025 2024 £ £ 31,747 36,392 31,747 36,392 648 140 1,048 1,201 2,946 17,354 1,646 2,299 416 1,040 3,385 5,210 - 43 10,089 27,287 1,794 1,794 17 49 1,811 1,843 241 - 12,141 29,130 19,606 7,262 |
|---|---|---|
| 36,392 140 1,201 17,354 2,299 1,040 5,210 43 |
||
| 27,287 1,794 49 |
||
| 1,843 - |
||
| 29,130 | ||
| 7,262 |
This page does not form part of the statutory financial statements
Page 11