Coinpany rcgisli'alioii nuiiibcr.. N1035896 Charily I'cgi5ti'alion IiLiinber.' NIL1006i7 Radio Craclcer Ballyinena (A company limited by shal'e capilal) Aiinual Rcport and Financial Sialemcnls for the Ycar r,nd¢d .30 June 2024
Iladio Crackcr Ballymena Contents IlcfcrciicL aiid Adillini51ralivc Dctails 'rrustees' Report l)olicy on rcscrvcs Iiidcpcndciit Lxaiiiiiicr'5 Report Siiileiiienl of I'"inancial Activilies Balancc Sliecl Noics lo the I,'inancial Statcmcnls 710 12
Radio CraL'ker Ballymena Ilefcrencc and Administrativc l)ctails Scci'LtÉiry Mrs lona Bailie Chxrity RegistrAtion Number NIC100657 Compaiiy Registration Numbcr N1035896 Tlie charity is incoi'poratcd in Noiilicrn Ireland. clo D-r Cai'son & Co 51-53 1'hoimas Street Ballyiiiciia Co Aiilriiii Ilegistei'ed Office BT43 6AZ PrincipAI Office clo D 'f Carson & Co 51-53 Thoinas Street 13allyinciia Co Aiilriiii BI'43 6A/ Indepeiident Fx.qminer Ilyaii Mcl".aul D ']- Car50n & Co 51 i3 '1'hoiiia5 Sti'cet Ballynieiia Co. Aiitriim BT4) 6AZ Bankci's r.-ii-st 'l'rust 13allyiiiena 78 Wcllingtoi) Sireet tSall)'IMcna Co Aiili'ini BI"43 6Ar P(ige I
Iladio Crllckcr Jlallymcna Trustecs, Rcport -I'lie Ii-lislccs, who arc dii-eclors foi. Il)e pui'poscs of coinpany law, pirscnt Ilie anniial i'eport togeihcr willi the riniillcicil slalcmLiI15 lid aLidilors' I'cport ofihc chai-ilablc conipany foi. Ihe yeai. cndcd 30 Jiine 2024. 01)jcctive8 And Activities ObjeL'ls iiiiil aims Thc objcct of thc chcirity is lo pi'oinote Clirislian falth,prtlci1I&rIY by radio broadcasting dmong mcinbcrs of Ilic Clirislidn cliurehes and ihc Gi'calcr Ballymena commiinity. 'I'hc cliarily aims to reli¢vc povcriy and 5ickncss and thereby iinprovc thc lifc conditions of lifc of childrcii, YOLIII pcoplc ai)d Ilie agcd wlio arc poor, sick, dcprivcd or disabled, in Ilie Grcatcr Ballynicna area,and ii) aiiy pai't oftlie world, espccially tlie "I'liird Woi'ld. li cilso diins lo proniolc such clidrilublc PLII'POSCS in any P¢iil of tlic woi'ld and in particular by encouraging young pLI)plc iii iIiL GrLfilcr 13allyiiicna 4iira to work volunlarily, to assist charitie5 working in Ilie 'l'hird World. Tlie clidi'ity operalcs ti public rudio bi-Qddcasl 'Radio Cracker,, a Christmas sliop and otlici- piiblic cvcnts to I'c115C Inoncy for Ilic ehai'itablc objcclivcs. I'lie Iruslccs coi)fii'iii ilial Ilicy liavc coinplicd willi Ilie I'cqiiircmcnts of scclioi) 17 of tlie Charities Acl 201 I to liave duL I'cgard lo Il)c public bcncfil guidaiice publislicd by Ilie Cliarily Coiniiiission for r.iiglaiid and Wales. 'inAIiciAI I'evieiv P(IlicJJ (Jii re3erve3 -I'l)c Iruslccs I'claiii sU1¢]C1]I funds ca¢li ycar to pay aiiy licencc and pcrforiniiiu rio .lits fccs for the following ycar. rustec5 xnd officers 'I'hc Iru5tCe5 ¢ind 01CcI.S serving during ihe year and Since tlie ycar end wcrc $15 follows: ru.slcc£'. Mrs M Allcii Mr N Joi-daii (Rc5igi)ed 23 Decembci- 2023) Mr I Calderwood Mr5 loiia Bailic Mr William Law Mr Alislair Sicivart (appoiiited 26 February 20241 Mr Craig Whyle {appoiiitcd 24 Jiine 2024) Cliairinan.. Mr William A Mccluggagc (resigned 15 May 2024) Mrs loiia Bailie Sccrclary-. Structurc? governaiice and ni<illAgemeiit N(Ilure ofgovLpriiiiig (loL'uiiieiil 'I'lic bL15ille55 ofthc Association sliall bc managcd by thc -1 ruslees Pagc 2
Radiu Créickcr Ballymenx Trustees, Ileport Recruilnleiil ond Iippoinlnieiil of Irustees "I'ruslccs shall be appoiiited froiii mcmbcrs of the Associatioii as required by ordiiiary I'esolution or by dccision ofihc Ii-uslces. Arrangemeiilsfor selling kejp nianiigenienl personiiel reniuiierfilioii No reiiiLiiieration was paid to 'frustecs dLiring il)e ycar. Statement of trustee5' responsibilities l-lie trustces (wlio are also tlic direclors of Radio Cracker Ballynieiia for the purposes of coinpl¢ Iiy law) arc rcspon5ible for preparing Ilie Irustces, rcporl and the financial staleinciit5 iii aecoi'dancc willi appli¢able law dnd Unitcd Kii)gdoin Accoiiiiting Siaiidards (Uniled Kingdoni Gen¢rally Acccpled Accoiinliiig Pi'aclicc). incllidiiig rRS 102 'Thc I,"iiiaiicial Repoiliiig Siaiidard applicable in ihc UK aiid IIcpLiblic of Ii'clai)d" Company law reqiiircs the Ii'Lislecs lo prepai'c financial slat¢ni¢nls for C<icli financial ycur. Under Colllpdny Idw Ihc ti'iistLCS Inllst not approvc il)c fiiidncial sl1( leiiicnts Linlcss Iliey dl-c satisficd tlial ihcy byivc a tl'LlC and fair VILW of Ihc slalc of g¥rrtiii's ol Ilie ch<irilabl¢ company aiid of tlic iiieomingy rLsoui-ccs and application of rLsoLII'LCS, inLluding its incoinc and cxp¢ndilur¢, of tlie charilable coinpaiiy for ihat p¢riod. Iii prcparing ilicsc financial stdtei)Icnts. th¢ Irust¢¢s ar¢ r¢quircd to.. selcci suitable accounting policies aiid apply them consistently; obscrvc Ili¢ Inethod5 and principles in the Charitics SORP. Inake judgcinciils and cstiiiiatcs tliat arc reasonable aiid priidei)I; 5tatc whciliLr applicablc accounting slandai'ds. coniprising I,'IIS 10? h<iVC bcLn lollow'cd, subjccl to any material dcpailurcs di5Llosod aiid explaiiicd iii ilie fiiiaiicial 5lalcinenls' aiid prcp£lrc tlic fiiiaiicial stalciiiciils on Ilic g?oing conccrii ba.%is uiilc5S It is ill¢lPI)I'opfi&ile io prcsuiii¢ Ilial tlic cliarililblc Loiiipaiiy will coiitii)uc in bu.%incss. l-he tl'U5tccs are rc5ponsiblc for kecpiiig propcr accounting rccoi'ds ihal can disclose with rcasonable accliracy al aiiy Liiiie Ilic fiiiaiicial positioii ofihc chai'itablc coinpai)y aiid eiiablc ihein lo ciisure ilial Ilic fiiiai)cial slalcmciils coinply Ivith the Coit]paiiies Aci 2006. 'lThey are a150 re5ponsiblc for 5afcgiuarding ilie assct5 of the charilablc coinpaiiy aiid lience for lakii)g reasonable steps for tlic prevciitioii and dclection ol. fraud aiid oilicr iri'cgiilai'ities. I'lic Ii'lislecs are rcsponsiblc for thc inainlenance and intcgrity of thc corporatc and financial iiiformdlion includcd oli the charilablc coinpany's websile. Legislation govei'ning ilic prcparalioii aiid diss¥inindlioii ur riiiaiicial slalcmcnls Inay diffcr froin legislalioii in oihcr jui-isdiclioi)s. l)isclosure of infoi'miltion to iiuditor l.-acl) Ii'iislcc lias takcn slcps tliat tliey oiiglil to liave lakcii a5 a tru5tce iii ordei. to iiiakc tlicii)sclvcs <1warc ol. aiiy rLILvanl aLidil infoi'inalion and to cstablisli tlidt tlic cliarily's <LiiditQl' IS aWÉll'C of ih<il infoi'iiidlion. l-lic Ir1151ccs confii-iii tliat tlici-e is no I'Llcvanl infoiinalion that they know of and of whicl) ilicy know ihc aiidilor 15 Lilltlwlll'e. Tlie aiiiiual i'cporl was approvcd by tl)c truslccs of the cliarity on 26 fcbi'uary 2025 and signcd oli its bclialt. by.. Mi-s lona 111cilic Coiiipany Scci'Llary <ige 3
Iladio Crackcr Ballymena Independent Examincr'.$ Ilcport to the trustces of Radio Cracker Ballymena ('thc Company,) report lo ilic charily Iru5lccs on Iny cxamiiiation of thc accouiits of lh¢ Coimpany for the year cnded 30 Jliiic 2024. Ilespnnsil)ilities and l)A.8i.s of i-epoi't As Ilic cliarily's tru5lccs of Iladio Cracker Ilallyinciia {aiid also its dircctors for tlic purposes of coinpany lawl YOLI arc I'cspuiisible for ilic pl.cpai.t10n of tlic accounts in ac¢ordancc witli the i-eqiiireinents of the Companics Act 2006 ('tlie 2006 Act.). l.laving satisfied myself that tlie accounts of Radio Cracker Ballymena are not requircd to be audited linder coinpaiiy law and are cligiblc for iiidependciil examiiiation, I report iii rcspecl of my exai)iinatioii of yoiir cliarily's accounls as carried oul iiiidcr scclioii 65 of Il)c Chai'ities Act (Noi'ihcrn Irelaiidl 2008. In cairyiiio out In)1 ciaiiiiiialioii I l)avc followcd il)c Dii-eclions givci) by ilic Cliarily Conimissioii iiiider 8eclioii 65(91(bl of Ilic Cliai'itlC5 Acl. Indcpcndent exAminer's statcment I liavc coinpletcd Iny cxaimiiialion. I confirin that no mallcrs have coin¢ to Iny Rltcntion in conncclioii with tlie cxamiiiatioii oiving mc caiisc to bclicve.. . CCOLinting rccords wcre not kcpt in rcspect of Radio Crackcr Ballymena as required by section 386 of the 2006 Act. or 2. Ilic accolints do iiot accord witli tliose rccords. or 3. tlic accoiiiils do iiot coniply witli ihe ic c¢ountiiigi rcqiiirciiieiils of scclion 396 of the 2006 Acl oilicr ilian any reciuirciiiciil ihclt tlie a¢¢ounls give a 'lru¢ and fail. view, Ivliich is not M Inaltei. considcrcd as part (?f ali indepciidciil cxaiiiiiiatioii,. 01- 4. tlie accoLllIt5 1)avc iioi beeii prcpared in accordancc with tl)e iiietl)ods aiid pi'iiiciplcs of tlie Stalciiiei)l ol. Rccomiiiendcil l)ractice foi- accuiinting dnd reporting by charities [applicablc to charities prLpai'ing tlieii. accoiints in accordance witl) tlic financial Reporting Siaiidard applicablc in Ilie UK and Repiibli¢ of Ireland (FIIS 102)]. I l)ave iio coii¢crns ai)d l)ave coiiic across no otlier nialtcrs iii conncclion ivitli Ilic cxaiiiinatioii to ivhich allciilion shoLild be drciwn in Illi5 rcport in orilcr lo cnÉible a pi'oper Lindci'standinLy of tlie <iCCOLinls lo be re¢ichLd. Ryan Mcfaul D'l- C1( rson & Co Cliartcrcd Accoiinlanl5 & Ilegislcrcd Auditors 51 53 -1'homas Strcct 13allyinciia Co. Aiilrim .1.43 6A/. 26 1."cbruary 2025 Page 4
Iladio Crackcr B
Radio Créickcr Ballymena (Ilegistration numbcr: N1035896) BalanLe Sheet as at 30 Junc 2024 2024 2023 Note 'iXLd Éissets .1 aii<Jiblc asscls 2,131 532 Ciirroiit li s.sets Dcbioi Casli at bank ai)d iii hand 10 1,729 6,350 1.679 4,389 8,079 6,068 Net x.8sets 10,210 6,600 "uiids of thL lhIrlty. Uiircslrieted ineomc fund. Linrcslric(ed funds 10,210 6.600 otiil funds 12 10,210 6,600 I'or ihc fiiiaiici<11 ycai. cnding 30 Juiic 2024 ihc c111< l'ily was cntitlcd io cxcmplioii fi'oiii aiidil und¢r scctioii 477 or tlic Coiiipaiiics Act 2006 rclaling lo siiiall coinpaiiies. l)ii'ccloi's' respoiisibilitics.. -I'hc Iiiei)Ibcrs liavc nol rcqiiircd tlic cliai'ity to obtain an audil of ils aceouiits for tli¢ ycar in qiicslioii in IILCOI'danLc wilh scclion 476. and 'I'l)c dirccloi's acknowlcdgc their rcspoiisibililie5 tor ¢oinplyiiig with Ilic rcquirciiients of tliw Act wilh respcLI to accounliiig records aiid ihc preparalioii of Account5. I'hc financial statcineiits on pagcs 5 to 12 were approvcd by Ilic Irustces. and autliori5cd for ISSLIC on 2( rcbruary 2025 and signed on thcir bchaif by.. iylc 'I'ru%lCC "l-lie not¢s on pagcs 7 10 12 forni an integral part of tliesc financial statenient.S. Page 6
Radio Cracker Ballymcna Notcs to tho Financial Statements for the Year Fndcd 31) Junc 2024 I Chai'ity stli tus 'I'hc charily is a cliai-ily liinitcd by giiaraiilee and conscqliently does noi liavc shai'c ctipital. Each of Ilic IrLisIccs is liabl¢ lo contribute an ainount iiot excccdiiig £Nil towards the asscts of ihc charily in thc cvcnt of liquidatioii. l'11¢ address of its registered orricc is: oDTCarson&Co 51-53 Thoimas Street Ballymena Co Anti'im B'I'43 6AZ 'l)c pi-incii)al place of biisiiiess is.. clo D '[- Car50n & Co 51-53 '1'hoiM¢15 Sti-ccl Ball)iiiiena Co Anti'im BT43 6AL 'l-Iicsc findiicial slatcinents wcrc autliorised for issue by ilie Irustecs 011 26 1:cbruaiy 2025. Accountiiik policies Suminiiry t)1. significant xccoiintiiig policies iiiid Iiey accouTlting estimates 'I-IIc pi-IllClP<l1 accoiiiiting policics applicd 111 the prcparalion of Ihesc finaiici<il 5ldlciiiciils ar¢ sct oiii below. 'l-l)e5c policics Iiavc bccn consislei)tly applied io all tlic ycars prcsciilcd, ui)Icss oilicr¥visc slatcd. Statemeiit of compliance 'riie finan¢iiil stateincnts havc been prepared in accordance with Accoiinting ¢ind Rcporting by Clidi'ilics.. Stdlcmcnl of Recommended PITclic¢ applic<1blc to cliarities prepariiig ihcir #CLOLinls in accordaiice will) Ihc riiiailcial Ileportiiig Staiidard applicable iii ilic UK and Republi¢ of Irclaiid (I.'IIS 1021 (crrcclivc l Jai)uaiy '>015) (Cl)ai-ilies SOIII) (I-IIS 102)), the l. inaiiLial Ilcporliiig Siaiidard appliLablc iii Ilic IJK aiid Ilcpublic ol. Ii'claiid (I.'IIS 102). -I'li¢y also coiiiply ivith Ilie Coiiipanics Act 2006 aiid Cliai'ilics Act (Northciii Ireland) 2008. Bil Sis of preparation Radio Cracker Ballymcna mecls Ilic definilioii of a public bcncfil cnlily iind¢r FRS 102. Asscts aiid li<ibililic5 are initiiTrlly rccogni5ed at liislorical cost or transaction valiic unlcss oilicrwisc stated in ihc rclevaiil accouiitiiis policy notcs. CFoill Loiicern 'I'lic Iru£lccs coiisidci- tliat tlicre arc iio iiialcrial unccriaiiilics aboLii ilic cli1¢ rily's abilily lo coi)linLie a5 a g?oiiig concern iior any sigiiificant ai'cas o r uncei'laiiily tlial a(fcct Ilie cai'rying value of a55els licld by tlic cliai'ily. I XLmi)tion from i)rcparing a cash fIow stAtement -riiL chariiy optcd lo cai'ly ddopt Bullcliii I publi5h¢d 011 2 february 2016 and have ihcrclore iiol iiicluded a cash flow staleiiient in these fiiiancial slatemcnts. Pagc 7
Iladio Crucker Biillymena NDtc8 to tl)c Financial Statements for the Year Ended 30 June 2024 Income aiid cndoivments All incomc is I'ccogyniscd onLe Ihc cliai-ity lias entitlemcnt lo the income, it is pi'obable that tlie inconie M'ill b rcccivcd ¢ind Ilic ainoLinl of the iiicomc rcceivable can bc nieasiircd reliably. Doii(Iliiiiis iiiiil legacie5 Dundlions ai'c rccogyniscd whcn Ilic ch¢irily lias bcen nolificd in ivriting of both thc amoiinl and scttlenieiii d¢tlc. Iii ilic cveiil Ilidl a donalion is siibjcLI to conditions Ilial rcquirc a Icvcl of pcrfoi'maiicc b), Ilie cliai'ily befor¢ Ilic cli<irilJi 1% ciiliilcd lo Ihc fLinds, Il)c iiicoinc is deferi'ed and nol rccogniscd Linlil eiilicr those coiidilions 1( I'e fully Incl, or ilic ful filinciil of Iliosc condili011s is wholly wiiliin tlic coiilrol of ilic cliarily and il is probablc that Ihcse coiiditioi)s will bc fuifillcd ii) Ihc reporting period. ".xpcndiCure All cxpcndiliii'e is rccogniscd oncc thcrc is a legal or constructiv¢ obligation lo Iliat expcndituir, it is pi'obable sciIILinciil is I'CqLiired and ili¢ anioiinl can be Incasiired reliably. All costs arc allocatcd to Ilic Mpplicablc expcndilure licading tIILIt aggrcgate similar costs to tliat category. Wliere cost5 L1c nnot bc directly allributcd lo pai'licLilar hcadings tlicy l)avc bccii allocated on a basis consistcnt witli tlic iise of I'esources, with central slarr co.EIs Ilocated oli Ilic basis of tiiiic spcnl, and deprccialion chargcs allocated 01) thc portioii of the asset's u5C. Oilici. siii)porl cosls arc allocated bascd oli the sprcad ofslaff cosls. Cliuiiléiblc iicrfis'jljL*J Cliaritablc c.Ipciiditiirc coiiipi'ises Ih05C Costs iiicurrLd by thc cliai'ity iii tlie dclivery of its aclivilics aiid 5cfviuLS roi. its beiicficiarics. It iiicludes boili cost5 that can bc allocalcd dircctly to such activilies aiid thosc ¥o.8ls of an iiidirecl nature ncccssary to SLlPPOrt tlicm. 'I'lic cliarity 15 considercd Io p(Iss ihc Icsts scl out iii ljaragraph I Sch¢dulc 6 of tlie I'inance Act 201 O aiid Ilicrcfoi'c il iiicels ihc dcfinition of a c111< rit#blc coinpany for UK coi-poralion lax pui-poscs. Accoilinglv, tlic chdl-ily IS Potciilially cxeiiipi from la.ialioii in I'cspcci of iiiconie or capilal gaiiis rcceived wiiliiii calcgorics covLI-cd by Cliaptcr 3 1)art I l of ilic Coi'poralion I'ax Act 201 O or Scctioii 256 of the 1'axation of Cliargeable Gaiiis Aci 1992, to tlic extciit ¢liat sucli inconie or gains are applied exelusively to charitablc purposes. 'I'iingiblc fJ¥cd Asset5 Individual fixcd asscts costing £0.00 or niore are initially recorded at C05t, le55 any subsequent accumulatcd dcprcciation and siibscqiicnl accuimlilated iinpairment losses. l)epreciatioii #nd Amortisxtion J)ci)I'CCl¢ilioii is providcd on laiigiblc fixed a55Ct5 50 a.% lo wrilc off Ilic cost or valliation, less aiiy csliiiialcd I'csidiial valuc, ovcr ilicir cxpcclcd iiscfLII ccoiioiiiic life a5 follow5.. und structure Unrosli'ictcd incoinc funds arc general fund5 tliat arc available for usc at thc trLlStees discretion in furtherancc or Ihc objectives of ihc charity. Page 8
Radio Crackcr Ballymena Notc.$ to the Financial Statements for the Year Ended 30 Junc 2024 3 Iiicome from donatlODS nd legacies Unre5trictcd funds Generlil funds IILgLilar giving and capilal donation5 26,972 26,972 Tutal for 2n24 26,972 26,972 'rotdl foi. 2023 4 Income from eliarit#blc activities Unrestricted funds GenerAI 'I'otal 2024 2023 Events Ic of PLirchased aiid donalcd good5 Rales rcfiiiid 4.407 22,433 1.598 4,407 8? j 12.975 1,598 28,438 28,438 13.800 l)age 9
Iladio Crackcr Ballymena Notc.$ to the Financial Statcments for thc YL'ar Ended 30 June 2024 S b:xi)enditiire on cliAritAblc Ctivities Unrestricted funds Cieneral TotAI fund5 l=.slablislinienl cosls 01CC cxpciiscs Cliaritablc doi)ations IloyaltiC5 Suiidi'y c.Kpcnses Bil ilk cliargcs Dcprecialion Rcpairs Cjoods for resale 3.040 1,270 37,820 5.699 346 431 726 3,040 1,270 37,820 5,699 346 431 726 1.016 1,452 ,016 1.452 'I'otlll fol. 2024 51,800 51,800 utal for 2023 64.406 64.406 l)¢ige 10
Radio Crackcr Ballymena Notos to the fl inancial Statcments for the Year Fndcd 30 .June 2024 otAI expenditui-c 6 Nct incomingloutgoing i'csourccs Nct Incolnin(OUtgojng} rcsoiirces for tlic y¢ar iiicliidc-. 2024 2023 Depreciation of fixcd a55c15 726 494 7 '1'rustees remuneration And expe115LS No trustees, iior aiiy persons conncclcd wilh them, have receivcd any rciiiui)cralioi) froi)I the charily diirii)g 111C ycar. No Ii'uslecs liavc reccivLd any oilier bcnefits fi'om tlie cliai'ily diiring tl)e year. 8 'f4lX4?tion 'riie charity is a registered charity and is ilierefore exeinpt froiii taxalioii. 9 -1'iinaible fixed IlS.$Cts uriiiture lind equipnicnt C05t At l July 2023 Addilioi)s 4,935 2,325 2,325 At 30 Jiinc 2024 7,260 7,260 Dcprecigtion Ill l July 2023 Cliarge for ilic y¢¢l1' 726 726 AI 30 June 2024 5,129 5,129 Net book value AI 30 June 2024 2,131 2,131 AI 30 Jiiiic 20?3 532 Page 11
Iladio Crackcr Ballynicna Notes to the Fiiiancial Statements for the Year F.iided 30 ,Juiic 2024 10 Dcl)toi'.s 2024 2023 )I'epayim¢iils 1,729 1.67() I I Cash 4?nd ea511 QqUiVth?lent5 2024 2023 Casl) al baiik 6,350 4.389 12 b iiiid5 Ilxlanee xt I July 2023 Incomiiig re50urccs Rcsoiirces expeiided IIMIAnce it 30 Junc 2024 lJni'cstricted funds CyCllCI'al 6,600 55.410 (51,800} 10,210 BAl4qnce 4lt I July 2022 Incoming rLSOUJ-eLS IILsourccs e.x[JL'nded BAlaiice 30 Jiine 2023 liiirestricted fiiiids Gcneral 8,268 62,738 (64,406) 6,CiOO Pagc 12