Chelmsford and District Talking Newspaper
Chairman's Report 2021-2022
Welcome to the Annual General Aleeting of Chelmsford & District Talking Newspaper for
the year to 28 February 2022.
l am delighted to tell you that we produced a full set of recordings this year. We have now
settled into our new studio although we have delayed a full refit and sound deadening
installation until Social Distancing is fully behind u5.
Although social life has recovered somewhat, it appears that many people are still being
cautious about mixing, particularly with people they do not know. This has inevitably
reduced attendance at theatres. cinemas etc. with the inevitable reduction in expenditure
by those venues on ne¥*vspaper advertising. The Essex Chronicle has recovered a little but
still reflects a lack of news and a lack of reporters to deliver that news. Every picture may
be worth a thousand words but it must be a g¢))I picture which shows something
newsworthy, not a 105t cat.
In addition to the Idemory Sticks posted to Listeners, our recordings can be accessed by a
link on our website and through the British Wireless for the Blind mobile phoneltablet App.
Chelmsford Community Radio continue to broadcast our recordings on Sunday evening at
8:CQ pm on 104.4 FM and our recordings are a150 available through ALEXA and G¢)ogle
Assistant.
We recorded audio version5 of the Essex Highways -consultation on Widening the A12 from
Chelmsford to Colchester"" "Army and Navy Options Consultation. and a publication
setting out the overall transport strategy for East Anglia which Essex, Suffolk and Norfolk
Talking Newspapers placed on their websites and distributed to their Listeners.
We continued our contract with the Essex Federation of WoTnen's Inst5tutes to record their
Monthly Newsletter and arranged for its distribution to their VIP membeT5 throughout Essex
in aSs￿lation with their l(Kal Talking Newspapers. The recordings were voiced by Wl
volunteers from around Essex from their homes . using whatever phone51tabletslcomputers
they have - and the results are very acceptable!
We continued to record and distribute the Essex Sight Quarterly hlagazine Spotlight for
Listeners across Essex and East London.
Thank you all for your support over the past year, it is greatly appreciated by everyone
involved and partTcularly by our Listeners. We have seen quite a turnover of Volunteers
this year as several long-standing and much valued volunteers decided not to return - but
we have recruited some new voices so we continue to move ahead. With so many of our
volunteers shielding we had to put safety as a priority.
I look forward to meeting you all at the AGM.
Pat Wilson
Chaimian, Chelmsford Talking Newspaper
Registered Charity Number 268366
Zz2

Chelmsford & District Talking Newspaper
Treasurer's Report for the Year to 28 February 2022
The annual accounts have been Independently Examined and will be signed at the
AGM.
Income for the year - As usual, our main income was dividends on our investment
portfolio with CCLA, amounting to £7,532, interest on bank accounts was £4.53. We
earned £1, 525 from recording items for other organisations such as Essex Highways
and the Essex Federation of Woman's Institutes. Personal donations were £840.
Waltham Forest Talking Newspaper closed during the year and distributed its
remaining funds to local Talking Newspapers - we received £20,000 - which brought
our total income to £29,901.48 compared to £8,313.28 last year.
Expenditure for the year - Our major expenditure was Rent for our studio, £5,250.
The rent increases each year to reflect inflation, starting the year at £433.00pm and
rising to £443.77pm in October. Looking ahead to the current year, inflation has
increased substantially and the monthly rent from Ortd)er is £488pm. Overall, our
Rent spend increased from £4,622 to £5,250.
Office Expenses at £393 are higher than last year, most of this due to Insurance,
again £207. Under the TNF Members Insurance Scheme this has been held stable for
the last 4 years, but an increase is due next year, the rest is the monthly Fee for our
bank account. Subscription to the TNF is £42pa.
We have delayed fTtting out the new studio until all our volunteers are fully
comfortable with using the studio - however Social Distancing still appears to be with
us so expenditure this year has been minimal. The Trustees will use part of the
substantial donation from Waltham Forest TN to fund the installatTon of new
furniture and sound-deadening panels.
Expenditure on equipment totalled £783 - replacement USB sticks, postal wallets and
a new fan to keep the studio a bit cooler.
The TNF National Conference was held in Cardiff but I was unable to attend for
health reasons. However, the Conference was available on Zoom with a small fee
covering as many delegates from Chelmsford as wished to view which we took up.
We spent £25.00 for our Accounts to be Independently Examined.
Total Expenditure was £6,925.90, up from £5,769.94 last year, mainly due to a
increase in rent. Overall, we generated a surplus of £22,975.58.
Our investments performed well over the year, with the value rising from
£220,093.63 to £234,974.12. However, you should be aware that the Stock Markets
of the World remain volatile and our investments can fall as well as rise in future.
We are still in a strong financial position. We had no changes to our investment
portf
10
ring the year.
ch
ord Talking Newspaper
Charity Number 268366
Register
ID ￿22

Chelmsford & District Talking Newspaper
Receipts and Payments Account
1 March 2021 to 28 February 2022
2021-2022
2020-2021
Receipts
Interest on COIF Deposit Account
Dividends on COIF Investments
Donations Received
Contracts
4.53
7,532.27
20,839.68
1,525.00
£ 29,901.48
25.63
7,502.65
560.00
225.00
Total Receipts
8.313.28
Payments
Rent £443.77pm
Travel Expenses
Newspapers
Office Expenses & Insurance
Subscriptions
Conferences & Independent Examination
Equipment & Website
Covid.19 Issues
Studio Relocation
Events & AGM
5,249.85
80.46
47.40
303.60
42.00
76.99
783.60
4,622.50
67.50
273.60
97.00
29.78
323.95
21.38
201.00
133.23
342.00
Total Payments
6.925.90
5,769.94
SurpluslDeficit on Year
22,975.58
2,543.34
Balances at Start of Year
COIF Deposit Account
CAF Cash Account
Opening Total
Plus SurpluslLoss on period
Purchaselsale of Investments
19,275.79
1,589.06
£ 20.864.85
22,975.58
15,747.51
2,574.00
£ 18.321.51
2,543.34
Balance carried to Following Year
£ 43,840.43
£ 20.864.85
Balances at End of Year
COIF Deposit Account
CAF Bank
22,812.59
21,027.84
£ 43.840.43
19,275.79
1,589.06
£ 20.864.85
Total Balances
COIF Investment Funds
Cost of Investment5
Value at 28 February 2022
£ 155,000.00
E 234,974.12
£ 155,000.00
£ 220,093.63
Total Worth of CTN
£ 278,814.55
£ 240,958.48
Chairman
Treasurer
Date LO 2o2Z
Date iooLU &,.

IQ

Independent Examiner's Report on the accounts of
Chelmsford & District Talking Newspaper
(Registered Charity Number 268366)
for the year ended 28 February 2022
I report to the trustees on my examination of the accounts of Ihe above charity {°CTN'I for
the year ended 28 February 2022.
As the charity trustees of CTN, you are responsible for the preparation of the accounts in
accordance wilh the requirements of the Charities Act 2011 {"the Act.)
I report in respect of my examination of CTN'S accounts carried out under section 145 of the
2011 Act and in carrying out my examination. I have followed the applicable Directions given
by the Charity Commission under section 14515){bl of the Act
I have completed my examination. l confim that no material matters have come to my
attention in connection with the examinalion which gives me cause lo believe that in. any
material respect..
accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection wrth the
examination to which attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Janet Newman
Date..
27 li lil