Raidlo Faiite Teo IA company Ilrnltfrd by guirartiw not havlng a 9haro capltall TRUSTEES. ANNUAL REPORT for the finaThc181 y&ar endad 31 December 2022 The tru8teeg present th8ir Trustse2' AnnuBI Report, combinlng the Dir¢ctoY&' Report and Trustees, Report, and unauditwj financi21 statements for ts financial year gnd8d 31 Decembgr 2022. The financi818tatem8Dts are pr8pared in gccordancg wilh th8 Compenl89 Act 2006, FRS 102 "The Finandal Reporting Standard 8ppllcable In lh8 UK &nd Republic of lffjland and Accounting and Reportlng by Charitle8', Slat&m8nl of Recommended Practic8 aprIlblO to charilles preparlng their finandal statsmerrts In accordgnce with tha Financial Reportlng Standard applicable in the UK and Rapublio of Iroland IFRS 1021. Thg Truste89' Raport conlalns th8 Infom)ation rèqulTrd to b8 provided in the Trugtep8' Annu81 Rewrt und?r th• siatsmènt of R8cThrmandÉd Pract ISORPI guid811n85, Thè Iw8tse8 of thè cornpgny ara al80 ch8rlty truste•s for the purpc)8e llf charfty law and under the companvg ¢onstitutlDn are known as mbaa of the board of trusl688. In th18 report tho tru8taas ot Raldlo Faiit8 Teo pre88nt a summary of Its purp056. oov8rn8nce, activities, achlov@ments and flnanc&s for th8 financial financial year 31 Dgcember 2022. The compfiny is a reglslèréd dwrNy and h•nce the report 9nd T8suIts arè pra98nl@d in a form whlch compli89 with th& requ1ments of th8 Compan198 Act 2008 and, although not obllggd to c(#Yply wlth the Stolamanl of R8cornm8fKléd Practice Icharllies SORP 8ff&clive January 2015), ts organ18ation h98 implunented bt8 rgcommandations whem rel8vant in these InanclAI slatemants. M1891on, ObJoctlve8 and Strat•gy Mlg8lon statement Ouf mlssion Is lo promote the Irish languag8 by provldlng compreh&nsi¥o, Incluslv8 communlty rado 2nd m&Jla servlcgs thrcugh the madlum of Iri8h. Chaiitable objgctiveg and Ofcom Key commitments Reldlo Féilte Teo Is reglslerad ay a charity by th8 Charlly Commis$lon for Northern Ireland (8ffe¢llv8 from 18102120151. Th8 company contlnu•8 to meet (and &xc6gd) it'g charltable oty'8Ctives in rel8tlon lo Iha advancernent 018rt3, culture, harftage, education etc. In addltlon. tha orgenlgotion meats the oblectlves and tarpts set out In the Ofcom K@y Commltmonts aareernent - IfKludlng obl•clives In relallon lo broadca8tlng, communlty IraiTrlng In rad50 skills and th8 pfoviBlon of communlty acc81s lo the medla. Raidlo Faittè proactlvely engaoe8 in outreach actlvltl8S thereby incr8a8Ing the overall capaaty ol the stalion and Incraasing its a8$&bI1Y to 8 wido range af communlty 8takaholders, A8 Part of our commitmant to provlde an gttractive 8nd walcoming 8pace for 8taff, volunlegr broadeaslars and vl8ltoTs alike and to contrlbute to communlty r2g8neratlon In an area of hlghlgveb of deprivatlon. a coffafy shop 'An Lon Dubh, was opened in th8 bullding (Aprll 20191, An Lon Dubh18 a 60(a818nterprlso inltlative, off8ring hlgh qu811ty offeertèa and Ilght. heaKhy food cholces, providlng a pleasanl space for IrlBh speak8r8, 18amerg of the lengL48ge, the local ttommunlty and otherd to meet, furthér Increasing accesyiblltty lo tha wide range of community tacilit18s and services affered by Raidio Failte, in furtherance ol our charit)l& obleciwes. Due to provdlllng re5triuUons a9 a r@8uIt of th8 Covi&19 pandemlc, An Lon Dubh communSty cgfè was closed during ffte pèriod Janu8ry to March 2022. The cafè has been op8rètiong1 oonllnuously sinc8 that date. Thè Director8 & M8nag9meDt wish to thank th8 staff (paal and presentl of An Lon Dubh café for thelr hard work end ongolng commitrnent in dlffioull clrcumslances, Stluideo Foirste, a community-b83ed recording studio, was officlally launched In D8C8mber 2022 and is attractlng a lot of Interest from local muslcians and others who can avall of 80urnI-recording servit%s at afforddjle rales, Inpul Irorn accompllshed sound englneer8, Th8 Dlrgctors of Raidi6 Failts Teo can report also that the 8tsllon conlinups its involvemènt in a rsnge of cross- cornmunltyloutreach InitiatlV95, encouraging the participatlon of members of tha wider communlty In tho work of R&ldlO Failte- Bs broad¢a9tafS. lisleners and as visitors lo tha glation. RehJi6 Failte continuè8 to collaborat& With Raidio na Life (the only other Ilcensed corfkmunlty radlo stallon on tha Island of Ireland that bro8dc8st8 on the airwave5 in Irlshl anrj wo SUPPDrt a numbèr of organlsallon8 throughout the north of Irel8nd to produc8 radio conlent (subject lo avaihblllty of resourcos). Due lo the Impact of Covid-19 duriDg the early part of the financial yaar, it has been ngcessary io conllnue to adopl new methods ol engaglDg wllh our volunteer broadc88lers and other slakehold8rs includlng the provigion ol training on-llne a[ the extenslon of iniliallve8 for 8n9aOlng wEth the COTvmunlty, such as the radlo series Gulh an Phoball (Voice ofth8 Communrtyl. It [5 anticipated that th68e new mathods of community engagement wlll b6me a permanent fealure, dovetalling wlth increaslng levels of sludio-basad radlo production and of fac£Ie ¢ommunity engagement. Management
Raldio Fallte Teo IA compary Ilmlted by guaranteg. haykng a yharo Ca) TRUSTEES. ANNUAL REPORT for the flnanclal year endgd 31 Decamb8r 2022 and staff of Me ststion corktknuousty saek new OPPDrtunilies to angage and collaborate with the Irlsh language community of epeak8rs and learners of Ihe longuage, both lo¢ally and wid8r afield with the lo¢al communlty, Inclwling on a Cros0MUnitY basis, in pursuance of the ov8Kall chaTitable objectives of the organisalion. AS part ol It8 remit as a communlty radio ststion to SUPPOTI other communlty and languag8 organi8ation8. staff and volunteers from tha 8tation al1 events and conduct IDtervl8WS With rapr&sentatfves of numerous organisatKins on an on-golng basis throughout the year. The Olrectors & Management would like to commend Raldio Faiiié 818lf who have work8d tirole¥81y throhoUl year, to provide a hlgh4uality Ih language r8dlo seNiCè (including the provlgion of 8580ulated trainlng, adminlstratlon, le¢hnical, community Outreach, community café and sound réwrding seNlcasl to tha Irish l&ngu8ge and the locallwldar community. Flnanclsl Rovlew Th8 Dlrectors Of Raldio Faiita T60 gratefully aCknoa&Je all monetary support re[%d 31nca tha Inceptlon of the mmunity rad) 8orvleE, toward8 th@ furtheraneè of our charitable obhdives and to creating community berefrt - notsbly the on-going support af Foras na Gaefje ($Snca 2006) dnd of N¢rth8rn Ireland Screen.An Ci9t& CraoltOlra8chta G88ilGe (ILBF) (Since 2011). The Dlr6Glorg can rew¢rt that thè objectives and targets agreed th For8s na Gaellge Sn Telallon to th8 pr(Jmotlon and usag8 of th8 lrfsh language through the medlum of community radlo hgv8 been met and exceeded, with the input and co.op@rBtion ot a wlde range of Irlsh Lqnguage or9Bnlsallon3 and Individuol $peakèr8 and learner8 of lh8 language. Dunno thls period, R8idlO Faiits is gratèful for o)ntSnuation funding re1vad trom Fora8 na Gaeilge-scéim Raidio Pobsil 2022-2024 Icommunlty Radlo Sch&mel, supporting 4 pts gnd ongolng broadcasting, tralning, volunlaèringi community outreeth, awareness raising lin r8latiDn to the Irish lawu8g8 and to the 3t8tion ltselfj, archlving end the on9olng development and malntenanc& of the cornmunity bLtlbing. R8ldi6 Faiito wa8 8uccossfvI In atlraciing fundlng of £243.800 annuglly for the p8ilod 2022-2024 {2012021 £216,000) Thè Dlrectors wish al80 to gratefully adÉnowi8dge the support of Colmcille (a fundirvJ Initiollv8 admlnislergd by Fora8 na Gaeilge) for a project lo b8 carrled out in 2023. Icolmcilie 18 a partnership programm8 be08n Foras na Gaellqe and Bbrd na Galdh1, promollng th8 use of Irish Gaalic and Scottlsh Gaellc In Ireland and ScotIaT and bekn8an the Iwo countrigs). The Dlraclors arè pleased el80 to report the continugtlon of fvnding from Northern Ireland Screen - Irlgh Language Broadca8t Fund lor a further year {Apiil 2022 ME4rch 2023., £85,000), The ong01j 8UPPOrt of Northern Ir8land Scre8n-Irish Language 8r01G8St Fund for the Raldlo Faiite 8roadca¥t Tralning Sch&m8 18 a hlghly valued and ¢rillcg1 element in tha 8UCC858 of Raidio Failta, 8upportlng Fmployment and contrlbutlng to sklllsuildlng wllhin th8 Irlsh Spaaking communlty and to th8 growth and development of thg over811 Irlsh languag8 medla inlraslructure. Award8d on a cofttr8cI bs8is, for tho development ol the training, radio production and archmng capacity of the station It is a very valuable 3UPPOrt package lor the provlslon of community radlo 88rvke8 by Raidio Faiitg, Regu18r work9hop3, 9roup and one-to-ona training $09siong in gound recordiThJ, broadca8ting, Sound edillng and mixing and podca81iryJ ara held on a r8gul8r basls throughout the year. A popular rgdlo brDadcasl trabnlng CDUTSe for fem81e parti¢4pants ha8 been wn for a 8econd year wSth very positlve outcomes and feedback, Raidié Failto trainlng Gour888 impart valuable, tran8ferabb skills, nurturing naw talent and produce high quality content for broadca8t. The DioI0r£ gratefully acknowladge the additional support in Ihls pgrlod for our comrnunlty bToadcaatlng ser¥lc8 in the ft)rm of thg pl8cem8nl 012 trairw brosdc8sters for a pedod of 12 months under the Nl Scr88n-ILBF Scélm na Lélrllheoirl R8idiO Faol Oillulnl (Trainee R8dio Producèrs Schem81 Thls provad to b8 a very 8ucCa881 tralning gchÈm8 that h88 contributod to sklll-buiiding In radio brolCa311Ta through the medium ol the Irign language and to the grDwlng Suc98 of Raidio Fallte. fvrther 8tr8nglh8ning Its appeal to axistlng and new Ilstaners. In addltlon the DIfr3 gratafvlly appraciate essistancè from Department for CommunltleslGqelchur881 whereby salary costs for g trainae Scheduling Ag8lStant were supported for a perlod of 8 monlhs und8r tho OBAIR (Job StBrtI employment scheme. The trDlnee secured continulng 8mployment with Raidlo Faiits. In thi8 peiicrtl, Raidi6 Failte was 8UCC855ful In 8e¢uring fund9 for & Bugine88 Development Officer (June 2022 March 20241 and for a Soclal Enl8rprise Devèlopment Officer-café An Lon Dubh (August 2022 July 2025). Tha Board Is very grat61 to Depertment for Communlh'as and to th8 admlnistrgtors ol these funde An Ci8t8 Inffielytlochts Gagllge and The Rgnk Foundation for thls V9ry valuabl@ srL The Directors are very grateful alsa foT addliional funding received in the porlod {2020-2022) towardg alleviating th8 impact of Ihg Covid-19 parKl&mic on Iho organisation from Fora5 na Gaeilge, An Ci9te InfheistlDchta GlIge, Conradh na Ga8ilge. Glor nGael (fundlng admlnlgtered on beh81f of Departm8nt for Communitlesl and from Department for Communilles Lenguaggs Capital Fund Pllot Programma 2021-2022. Thése lunds provided critical support In relation to revenuo cosls and to strenglhening tha orgnlsation by prov1dlng ass&ntial capital 6UPPQrt to assist with post-pandemic rocovery. Amongst the succe88ful initiatlveg duiing this period wore th@ establishm8nl of an on-Hn@ radio training scheme spècifically for f8mal8 participants and the purchas8 and ItalIaOn of S1811$1 outsida broadcast oquipment, provxling easler facilitsllon of outside broadcaslg by Raldio Failte and provlding mechanism for th8 further dovelopment of Ilnks wlth alhar Irish laTr3uage broadcasters $uch Rs Raidlo na and
Raldlo Failte Teo (A company limllod hy guoronteg, not havlng a #hare rapltal) TRUSTEES. ANNUAL REPORT e financial ear endgd 31 Decembor 21Y22 RT Raidi6 De aèltachta, ITh addition, thg soclAI enterprlse cafa, An Lon Dubh, and th8 community racordlng studio, stluideo Feirgk, have benentted from 8dditlon81 equipment, theyeby enhancing s&Nlces to thè crrmunity and pr(Nldlng incréased potentlal for incomè-gr8t1On. The Board of Dlr8Ctor5 W15h to keep on r8(x)rd our gratitud8 to the wide ianp of communty and 31atutrxy stakehobjèrs who supportéd the oapltal build projed at 30 Sraid Dhubhal8e (comted Octobèr 20181- In particular Belfast Clty Gouncil, Dapartrnent for Communities, An Cists Inthèlstlochta Gaallg8, the Alpha PrDgt8mme, Foras na Gaeilge, Nl Screen-ILBF, Rald16 Faiite staff and voluntsars and Ihg many cornmunlty stskghdd8rs. btsth individuals and organtgatlon8 who supported us, The Dlractor3 aspooialty valué the 'lnthind' support of the many Irbh speak8r8 and lèarn8Tr who havo donated thair time talents end energy to the 8lallon 83 broadcastsrs and in other supporung rolgs. The Dlraotors estimate Iu8lng Qfcom approved rgtés) that the monetary value of the work and 8eTrfjcas providad by voluntsers and othar8 during the ye8r was £39,833. Flninclal Re¥ult• At the end of the flnand81 year th8 company has assets of £241,99812D21- £202,148) and Ilabilltl89 of £14,237 (2021- £14,499). Tr8 n81 assets of the company have increased by £40,112. Re3oNe8 Posltlon and Pollcy R88èrves ar8 needèd to bridge Ihe gap ts8en spandlng and rgo8ivlng of Income, to covèr unplanned emèrgency r9palrs, oth8r unforagoen exp@Ilure andl or ioss of fundlng. The tru$taa8 COn8lder the Ideal levèl ot resarv85 85 at 31st Decémber 202210 ba £111,856, which Is equivalenl of 3 months running costs. The unrgstriclgd re5erve8 Df Raidlo Fallle Tèo 89 al 3181 December 2022 IO £125,428. Of thls balanc• £10,956 can be reqllsad by the disposal of taTrJlb18 lixed assets. charlly has regtrlctsd res8rve8 lotallino £102,335 at 31 st D8mber 2022, Of Ihl$ balance, £27,815 18 in relation to a grant providad by ILBF of £85,000, which 15 to b8 UtIlL5ed during th& period 181 April 2022 31st March 2023, In the Truglae's vlow, the ros8rves 8hould provldp ts charfty with sdèquate financi81 stabllity 8nd the mggns for il to me8t Its charltable objèctbves for the foseeable future. Prlnolpal R13k# and Uncgrt4lntlas In common wilh Ofcom-lwxnsod communlty radlo slatlons 81gewh6re, Raldio Failte hgs operatad ib FM servi wlth 8 S-kilomalre broadc88t rtrgtricllon BIr 2006, wlth broadcgst coverage Ilmlted to the Belfa8t ar88, In 2018 R8idlO Faiite Submitted an appllc811on to Ofcorn In e bhy to gain an gxlBn8ion lo 8xlgtlng coverage lor the communlty radio Satvi. In Ihelr d&cislon (September 2019) Ofcom gr8nt8d en extonsion of the communlty radio 8eryl¢e, WTih approval for 8 power Incraa86. R8idlO Failta will continue lo lobby for further exkansiong to Ihg coverage area, In lin8 with d8m8nd trorn communilies Outside the currant broadcast area. In addltlon, statlon managament CDntSnug to monitor dovelopmènts in relallon ID 3mall-scala DAB. Ralclio Faillelg fU49d pdmarlty by Foras n9 G&eiIge-SiM Rgidlo Poball and Nl Screen-lrish Language Bro8dca81 Fund. We are hopeful mat fundlng from the39 bodies will conllnue, &nd we ao always aware of the noc£ssity to geok other addltlonal sources of fundlng. In thls perlod, we were suc(£ssful In securino funds for a Busin8S8 Developm6nl offir and for a Soclal Entsrprise Development Offlcer-cafè AD Lon Dubh Raidio Failt8 wlll continue to seek Dut naw addlttonal Funding 80urces in Ilne wlth dèvelopmental naèds, 8uch 89 the Bellast Cty Council Revenue Grant for Communfity Building, a 3-yoar funding streom to 8UPPOrt revgnue costs. Futuro Devdopmonts From Its baSO 8130 Sraid Dhubh8lse, Béal FÈirst8, Bf12 4AL, the Dlreclor8 and management of Raidi6 Failte Tao strive to maximlsg ihe bonellts of locatlon In a purposa-bullt centro for IrS3h language radio broadc&g1ing, tralning, SDund odlting and sound archiving (operatlonal since Octobgr 2018). The Raldi6 Failte centre is located in an area of multlple depiivation, provlding lacilltiog that conlrlbule to tho 8118Vi8tlon of poverty and social 8xcIu8ion. Furtheore, by virtue of its location &t tha edge of the cty contre, Rakllo Faitte provide5 an Induslv8, acce¥slbl8 community radlo servlce and associatod actiwties Ihat a89i81 in providing further Impetus to overall Gaellacht Quarter econorn regeneration plan5, ben811tling the dty as a whole. The Cent alm8 to expand Irish languag8 media and communll Infrastructure and to 9UPPOrt, where posslble, other communities who wi8h to Incrga8e thelr capaclty in the Irlsh languag8. In thls financlal year, R8idiO Fallt9 CDmmenced the process of succ855n planning in r8lation io tsio seniorllong- stsnding employges. It is hoped to secure fvnding to $UPPOrt menlrjrlng of 8mploy865 Ic bè appolnted in both key roios wlthin the Drganisalion.
Raidlo Failto Teo IA company Ilmitgd by guarant80, thot hwlng a 9harn capltol) TRUSTEES, ANNUAL REPORT for the flnancial year end 31 De(8mber 2022 Truslo08 The current trustee5 are as 8et out on page 3 Gearold O Cairggiiain Dr POI Mac Cana Ain8 Nic Ggrgilt Ciaran O Pronntaigh Fergus O'Hare In accordance with the Artlclgs of A8sociatlon. the director8 reli avery third Annu&l Ganaral Me8llng 8rKI, boing aligljle, can off8r themselves for re-glectlon. The sacrelary who seNed during the financial year waB'. Dr POI Cana Compllance wlth sector.wldg Leol•lalion and Standard• The company engages pro4cknly with legislatlon, 81andAr(b and oxles Y4hkh Bra develop8d for the 88ctor. Rak116 Failto Teo 8ub5crfb88 to and is compknant with the followlng.. The CpanI&S Act 2rt6 Thg Charltlés SORP IFRS 102) Approvgd by the Bo•rd of Tru$tOè9 on 12 S•pt8mf 2023 and •lgnod on Its b•half by: Dr P61 Mac Cana Dlroctor Ine Nlc Gorallt Dlroctor