APPENDIX 3
ScotlLsh Chority Re811￿10r
Independent examiner's report on the accounts
V2
Report to the Chaiity n8me
trusteeslmembers of Forth Valley 8foadcasting serV￿e
Registered charity SC 047488
number
On the aceounts Of thg
eharty for the perlod
Per￿1 start date
Monih
Period end date
K4onlh
Yèar
Day
Y••r
To
01
02
2024
31
01
2025
Set out on pages
{remethr to knicJ￿ page
of •ddilKYd shettsl
Respective
responsibilities of
The charity's trustees are iesponsiLsle for the preparation of the accounts in accordance
with the tern￿ of the Chari'.ies a4d TIu51ee Inve5trtEnt (Scollandl 2005 AGI ap.d the
trustees and exarnrner Charities Accounts Iscctlandl RegJlatiois 2006 las amended). The charity trustees
Conyder that the audit fequirement of Regulats"on 10111 Idl of the Accounts Regulations
doas not 2pply. It is rny responsibilty :o examine the accounts as rsquir6d under section
44(11 Ic) of the Act 2nd 10 slate Whet￿or particular matters havs corne lo My 3tt0ntion.
Ba31¥ of Independent My examination Is Carried out In a￿Ordance with Regulation 11 of the 2006 Accounts
examiner's staternent RegulaD"ons. An examination Induce5 a review of the accounting records kept by the
cbarity and a compar son of the accounis presenied with those rec¢rds. 11 also includes
cons,deratioi ol any unusual items 01 disclosL'res ir Ine accounts ano seeks
explanatiois from :he Irustkes COllEEmir,g any such. rnattgr5. The proredure5 undertaken
do not pro'lide all the evidence that would be required in an aLbJit and, consequently, I do
not express an audit opinion on ihe view giver. by the arxounls.
Independent trxaminer'$ In the course of ms. examinali)n. no matrier ha5 ￿me to my attention lolher than that
statemènt disclosed on the attached page-l
whi-h gives me reasonable cause to believe that in any materid ￿specI the
qiireThnts'.
to k@èP 9ccountin9 "ecords In accoréanc8 With section 44111 lal of the 2005 Act and
Regulation 4 of the 2006 Acknounls Regulaticns. and
tD wepare accounts whiel accorc w,th the accounting records and comply wil
Regulation 9 of the 2006 Acwunls Regulations
Sign
Relevant profess
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Forth Valley Broadcastlng Service - Radlo Royal
Charity No: SC047488
ststement of Re¢¢lptsand Pay￿￿￿. F•rtr* Year Erthd
31 January2025
Tots
Funds
Funds
Z024125
2023124
Receipts
Volu#taryReceipts
Grants
Donations
65.C#)
65A
59.85
Recelptsfrom Charitable Attlvttles
Mernber5hip Subscriptions
Advert5
Sponsorships
Roadshows
Other Income
Total Aeceipts
945.C#J
850.LN)
i.ocK).crf)
945.tKI
850.rxi
i.000.I
7C#).
3,482.63
6.342.63
3A82.63
6342.63
521.00
2.060.85
Payments
Development Worker
Technical Equlpmeni
IT Software
IT H05tin¥JOornain Narne Fees
Web Stre4minyJTelec0rn5
St3tionery & Postage
CDS, Downloa(ts
Insurance
HBA Subscription
Other Expendrture
Total Payments
3,567.94
231.68
LIIO.39
443.40
259.44
L661.49
14.39
1.296.00
409.96
228.30
794.45
50.00
3,813_10
8,267.69
965.93
7.691.07
SurplusllDeficltl for the year
11348.441
16,206.841
The notes QA Pa8e 3 form an inie8ral part of these accounts

Forth Valley Broadcas1in8 servi￿ - Radio Royal
Charity No: SC047488
ststem•it of 8aknces- As •t 31 JaNAry202S
Totsl
2024125
Total
20231
Funds
Funds
Funds Reconclliation
Opening C3sh at Bank & In Hand
rplusllDeticitl fDr the year
Closin8 Cash at Bank & In Hand
6W67
11348.441
s.a0&23
12361.51
16.206.841
6.654.67
Bank & Cash 84lan¢es
Treasurer's Bank Accourt
Cash in Hand
SR18.44
87.79
6,624.67
30.00
530&23
6.654.67
Other Assets
Techni441 Equi)m.ent lat cosil
98,659.43
95,272.2J

Forth Valley Broadcasting Servlce- Radlo Royal
Charity No: SC047488
r4otes to￿￿A(C￿jrf5. Forthe Year Erwjed 31January2024
l Basis of Accountin8
These accounts havo bÈen prepared on the Reteipts & Payments basi5 in accordance with the Charities
&TryJstee Investment Istotlandl Aci 2Cé)5 and the Charities Accounts (Scotlandl Re8ulatK)ns 2006 las
mendedl.
2. Nature and purpose of fvnds
UnrestrKted funds are those that may be used atthe discretion of the trustees in pur5uf( ol the ctsjects
of the charity. The trustee$ maintain a sin8le unrestritted lund for the day-to-day running of Ra¢*0
Royal.
Rèstrltted funds rnayonly ￿ used for specffied purposes. Re5trictK)ns arise when specified ty the
doMT or when funds are raised for specific purposes. During the year RadK) Royal receNed no restrirted
8rants.
3. Grants & Donated Goods Recelved
Unrestricted Restrirted
Funds
Funds
2024125
2024n5
Totsl
Funds
2024125
Total
All￿$
2023124
Sir lain Stewart Foundation
The Soutar Ch3rf(able Trust
The W M Mann Foundation
Community Response Recovery &
Fiesiliance Fund IFoundation Scotland)
N.L. Comrnunities Recovery Fund-
Supplementary Payment
The RobertsonTru5t
The Purnp House Trust
ugh Fraser Foundation
M&G plc Community Fund
Scotmld Co-¢p
Thistledown Trust
Fhe ASDA Foundation
The Ru55ell Trust
Nadonal Lottery (Community Fund)
Friends of Forth Valley Royal Hospitsl
NHS Forth Valley Endowment Fund
Falkirk Council Icomrwntty Fundl
rodhill Wind Farrn (Foundation Scotlandl
The JTH Charitable Tnjst
Stlrling Council

Forth Valley Broadcasting Trustees, Annual Report
For the Year Ended 31 January 2025
Charity Name
Forth Valley Broadcasting Service. Broadcasting as Radio Royal.
Charity Number
SC047488.
Address
Radio Royal Hospital Radio, Foth Valley Royal Hosptal. Stirling Road, Larbert, FK5 4VVR.
Trustees
Radio Royal is managed by the Trustees who conduct their activtties through an executive committee
which is elected every year at Ihe AGM and com
rises four office bearers-
Chairman
Secretary
Station Manager
Treasurer
(Vacant)
and the following departmental managers-.
Engineering Manager
Fundraising Manager
Information Technology Manager
Presentation & Production Manager
Volunteer Manager
Ward Visiting Manager
Library Manager
Training Manager
Social Media Manager
Charilable Purposes
The Objects of the organisation shall be to entertain and infom the patients, staff and visÉtors of Forth
Valley Royal Hospital and other healthcare establishments by the provision of lThie and recorded radio
prograrnmes. We achieve this by broadcasting three radio channels-. 'Radio Royal,, which provides a
wide range of programme types for all tastes arKI ages, 'Royal 2,. which specialises in broadcasting
mcdem chart music and 'Royal Gold,, which specialises broadcasting music from the 1950s through
to the 1990s. All channels provide outpul Imenty-four hours a day. seven days a week and when live
programmes are not being broadcast by presenters, a compLrterised sustaining seNice provides
eithèr repeat broadcasts of wesenter-led piogrammes, themed non-stop music programmes, or
packaged news, entertainment and infomation programmes.
Reserves Policy
Our objective is to always maintain a rninimurn of £1 ￿)0 in our bank account to Cover the cost of any
emergencies.

Summary of Activities Carried Out
The profile of Radio Royal within the context of NHS Forth Valley and. in particular, Forth Valley Royal
Hospital continues to be very important to us. During the last Iwelve months Radio Royal continued
to work hard at building and maintaining our profile amongst clinical and administratwe staff and with
patients, staff and usets of hospital services. We have also worked hard at building relationships with
organisalions and the communty out-with the hospital and the Trust e.g. we continue to provide a
'Noti¢eboard' platform for NHS Forth Valley staff and associated organisations to promote their public
health messages to the public; we believe that this is a very important aspect of the work that we do,
and will continue to develop this further.
Our profile as a hospitakbased and health-focused radio station is continuing to grow. In 2024 we had
over 18.000 people listen at least once to our online output for nearly 37,000 hours in total. VVhi18
figures for DAB+ are harder to ascertain, our signal has the potential to reach neady 230,000 people
in the Forth Valley and this could grow to a lrttle over 280,000 in 2025. In addition, hospitsl staff,
patients and visitors can access Radio Royal at the bedside entertainment units, the Serco restaurant.
clinic waiting areas and the refuge areas across the Forth Valley Royal Hospital.
We have completed our first full year on DAB+ and despite a Coup￿ of outages of intemet or power
due to power cuts, the DAB audio has remained ￿$111ent. We have an offsite cloud facilty that DAB+
reverts to in the unlikely event the main feed from the studio disappears and this has worked as
intended when required.
The past year has been one of steady progress and implementing effective change to Radio Royal's
IT infrastru¢ture. Our focus has been on improving efficiency. enhancing reliabilty and implementing
new systems to support both our broadcast and administralive operations..
SeNer Upgrades
Two new servers were purchased and deployed to support broadc2Sting operations, back-end
tssks and audio storage.
The older servers were re-purposed to create redundancy and take on tasks such as handling
studio logins, thereby adding resilience to our IT setup.
New HR System Implementation
A new HR system was implemented to streamline administrative processes and improve the
management of volunteer data and records.
Web-Based Systems Development
We have developed a wel>based time tracking system which will allow us to monitor and
manage volunteer activty More efficiently.
Request System
A new request system has been designed and implemented that enables requests to be
seamlessly integrated across all shows. including voice-tracked ones. This system will also
provide updates to the person who made the request, infomiing them when their request will
be played.
Office Equipment Enhancements
A donated laptop and a new printer have been installed in the office to improve functionalty-
The monthly meetings of the Executtve Committee of Radio Royal continued to be held throughout
the year either in a faCe-t¢>fa￿ format or in a virtual capacty using Microsoft Teams.
Receipts and Payments
Income
Looking at the Receipts and Payments Account we can see that our membership income continues
to be a very healthy source of revenue at £945,. up £165 on last year. The Executive Committee has

decided to keep the annual subscription fee at £40 for full members and £20 for concessionary
members., those full members who are retired. unemployed or are students. We will also continue our
reducing fee structure for members who join at different times of the year.
Our programme sponsorship & advertising initiative generated £1850. which is £1150 more than last
year. but this amount in no way reflects the potential for this form of fundraising.. the businesses who
sign up get a very effective way of increasin9 their profile in our local community at a very modest
cost. We intend to devote more time and energy into this form of fundraising during the next tsvelve
months.
You will see from our Statement of Receipts and Payments that £3482.63 is recorded under
miscellaneous income. This money includes £3248.63 from the NHS Forth Valley Endowments Fund
as a refund for payments made by Radio Royal for items included in our Service Level Agreement.
Our main income came from the followng activtties:
£945- Membership Subscriptions
£65 - Miscellaneous Donations
£1850 - Advertising and Programme Sponsorships
Expenditure
As usual. the majorrty of our expenditure has gone towards investing in our engineering and IT
infrastruclures and SOf￿are licenses., this year we spent £2448 to buy Iwo new servers, we replaced
our UPS batteries at a Gost of £320, we invested in an Axia QOR Console at £285 and a new office
printer at £282.
IT So￿are expenditure included £131 for the UK Radioplayer annual licence fee and £96 to renew
our Dropbox subscription.
We renewed our subscription with Aiir for our website and app hosting at a cost of £1296.
We decided to invest in Radio Royal branded materials which we can give to sponsors and
advertisers; we spent £200 on branded pens and £51 on flyers.
Finally, we renewed our insurance policy this year wtth PolicyBee who provided us with additional
cover for community radio broadcasting. The renewal cost was £862 an increase of £68 on last
year.
A breakdown of our main expenditure is as follows:
£3568- Technical Equipment
£232- IT SOf￿are
£1310- IT Hosting l Domain Name Fees
£862- Insurance
£443 - Telecoms I Web Streaming
£260- Stationery I Postage
£50- HBA Subscription

Plans for the Future
In¢Téas• the number of ry09ran￿ Sp￿S0￿hlpS tsk￿ out by local businesses arKI
organisalions.
Restsrt the delivery of fundraisirYJ roadshow&
Continue prowding a platfomlor Forth Valley stsff lo promote their Iwlth rrwages public.
Continue generating funds to keep Radto Royal on a stable fnancial footiThJ.
Re-es+.ablish ¢orrTprehensive Wa￿ visiting support