APPENDIX 3 OSCR S(otli%h. Chafily ReRiilaior Independent examiner's report on the accounts vz Report to the Chanty name trusteeslmembers of Forth Valley Broadcasting Service Registered charity SC number On the accounts of the charity for the period 047488 Period slarl dale Monlh Period end dale Month Day Year Day Year 01 02 2025 to 31 01 2026 Set out on pages Itemember 10 Inrlude p$ge Thrn¢[S 91 J¢dilnal sheeis Respective The charily's trustees are responsible for the Pfeparation of the accounts In accordance responsibi Iities of trustees and examiner with the lerms of the Charilies and Truslee Investment Iscollandl 2005 Aci and the Chaflties Accounts Iscollandl Regulations 2006 las amended). The chafily Iruslees consider that the audit requirement ol Regulation 10111 Idl of the Accounts RegLJlations does not apply. It is my responsibility lo examine Ihe accounts as required under section 44111 Icl of the Act and to state whether particular mallers have come lo my allenlion. Basis of indèpendent My examination is carried out in accordance with Regulation 11 01 the 2006 Accounts examiner'5 Statement Regulations. An examination includes a review of the accounting records kepl by the charity and a comparison of Ihe a¢¢ounts presented with those recoids. 11 also include5 consideration of any unusual items or disclosures in the a¢¢ounts and seeks explanations from the Irustees concerning any such maller5. The piocedure5 undertaken do not provide all the evidence Ihal would be required in an audit and. consequently. I do nol express an audit opinion on Ihe view given by the accounts. Independent examiner's In the course of my examinalion. no maiter has coffle to my allention lolher than Ihal stalement disclosed on the altached page-l which gives me reasonable cause lo believe that in any material respect (he requiremenls". lo keep accounting records In accordance with section 44111 lal of the 2005 Act and Regulation 4 of the 2006 Accounls Regulations. and to prepare accounts which accord with ihe accounting records and comply with Regulation 9 of Ihe 2006 Accounts Regulations have not been met. or lo which, in my opinion, attention should be drawn in order to enable a proper underslanding of the accounts to be re2ched. Date- Signed": Name.. H Macadam Relevant professional C.P.A. qualificationlsl or body lif anyl-. 17 March 2026 Address.. CairiffA. A'¥i-i' &. Cu. C('iiifi<'il Piihlij..41Yviiiiraiiis AIRA'I.I I, Tc'l.. IllJi . GLSO JH.¥' - Ir/.1 F jir lJ141.-, 7.< 'Ple8%p delete Ihe words in the brackets il they (k) nol apy. 11 the words do awty. sel out IhDse fflattef5 whith have ctsme lo your attention on Ihe lollDwityJ page 'OSCR will atcepi digiial or lype(J *gnaiu¢es.
APPENDIX 3 Disclosure section Only complete if the examiner needs lo highlight material problems. Give here brief details of any items that the examiner wishes to disrlose
Forth Valley Broadcasting 5eryice- Radio Royal Charity No: SC047488 siaiement of Receipts and Payrnents- For ihe Year Ended 31 January 2026 Unrestrirted REStrided Total 2025126 Total Note Fund5 Fund5 2D24125 Receipts Voluntary REceipt5 GrèTrts Oonations 121.70 121.70 65. Receipts from Charitable Activities Mèmbership Subscriptions Adverts Sponsorships Roadshows Oihef Incoffie i.(M)O.Tr) 865.co 350.(X> 1.253 00 353 40 i.000.00 865.00 350.00 1.253.00 353.40 945.cll 850.00 i.IM)O.00 3.482 63 Yoial Receipts 3.943 10 3.943.10 6.342 63 Payments Development Worker Technical Equipment IT Software IT H05Lin8/Dom3in Narne Fees web SEreaminglTelècoms DAB4 Carrier Fee Stationery & Postage C05. DownlLTrads 4011.59 492.07 3.567.94 231.68 1.310.39 443.40 L,296_00 576_80 720.00 37.74 259.44 862.29 50.00 3.99 738.23 862 29 5000 H8A Subscription Bank Charge5 Other Eypenditure Toial Payments 965.93 5,181.71 7 691 07 SuiplusllDeftcitl lor the yeai 11.238.611 11.348 441 The nores on p3ge 3 form an InreEral part of these accounts
Forth Valley Broadcasting Seryice- Radio Royal Charity No: SC047488 Statemefit of Balances- As at 31 January 2026 Unrestricted Restricted Total Total Funds Fund5 2D25126 2024125 Fund5 Reconciliation Opening Cash ar Bank & Hand 5.306.23 11.238.611 4,067.62 6.654.67 11.348 441 i.3U6.23 Closing Cash ai Bank & In Hand Barbk & Cash Balances Treasurer's bank Account C3sh in Hand 3.975.27 92.35 5.218.44 4,067.62 5.306 23 z¢ Simon K Marshall Treasurer, Radio Royal urray Macatlam Independent Examiner
Forth Valley Broadcasting Service - Radio Royal Charity No.. 5C047488 Noles to the Accounts- For the Year Ended 31 JanLtary 2026 l Basis ol Accounting These accouD15.iave been prepared on rhe Aeceip¢s & Paymenis ba515 In aicoidance WiTh the Chafilies & Trustee Investment IScoilan¢l Act 2009 ènd the Charitie5 Aciount5 Ikoiiantsl ReEulaiions 2(M)6 la5 arT)endedl 2. Nature and purpose of funds Unres¢ri¢ted fund5 are those thai may be used at the di5creiion of ihe trustees in pursuit of the objects ol the charity The trustees maintain a single unrestricted fund lor the day-io-day runnin8 of Radio Royal. Resrricied funds may only be used lor spècified purp05es. Restriiiion5 arise when specified by the donoi or wheri funds are ra15ed for specific purposes. DvrinÈ the year Radio Royal received no Teslriited 3. Grants & Donated Goods Received UTrrestflded Restricted Total Total Funds 2024125 Funds 2025126 Funds 2025126 Fvrtds 2015126 Sir lain SEewari FouDdalio The Souiar Charitable Trust The W M Mann Foundation Communiiy Response Recovery & Re51liarKe Fund (Foundation Scotland) N.L. Comrnunities Recovery Fund- SupplemeDrary Paytneni The Robertson Trusr The Pump House Trust Hu8h Fraser Foundation M&G plc Community Fund kormid Co-op rhistledown TrSt The ASDA Foundatio The Russell Trust Nation21 Lottpry ICoTnrnunity Furidl Friends of Forth Valley Royal Hospital NHS Forth Valley End0ment Fund Falkirk Council ICotDwunity Fund) Todhill Wind Farm IFoundation Siotlandl The ITH Charitable Trust
Forth Valley Broadcasting Trustees, Annual Report For the Year Ended 31 January 2026 Charity Name Forth Valley Broadcasting Servi. Broadcasting as Radio Royal. Charity Number SC047488. Address Radio Royal Hospital Radio, Forth Valley Royal Hospital, Stirling Road, Larbert, FK5 4WR. Trustees Radio Royal is managed by the Trustees who conduct their activities through an executive committee which is elected every year at the AGM and comprises four Offi bearers.. Chairman Lee Tart Secretary (Vacant) Station Manager Ryan Miller Treasurer - Simon Marshall and the following departmental managers= Engineering Manager Fundraising Manager Infomation Technology Manager Presentation & Production Manager Volunteer Manager Audience Engagement Manager Media Manager Training Manager Social Media Manager - Craig Arthur - Andrew Morley - Craig Ryan - Andy Wheildon Ryan Miller (Vacant) Gail Hamitton Ryan Brooks Kayla Ma¢Donald Charitable Purposes The Objects of the organisation shall be to entertain and inform the palients, staff and visitors of Forth Valley Royal Hospital and other healthcare establishments by the provision of live and recorded radio programmes. We achieve this by broadcasting three radio channels. Radio Royal., which provides a wide range of programme types for all tastes and ages, 'Royal 2,, which specialises in broadcasting modem chart music and 'Royal Gold,. which specialises broadcasting music from the 1960s through to the 19gOs. All channels provide OLrtput entY-fOUr hours a day, seven days a week and when live programmes are not being broadcast by presenters, a compLrterised sustaining service provides either repeat broadcasts of presenter-led programmes. themed nO$t0P music programmes, or packaged news, entertainment and information programmes. Reserves Policy Our obje¢tive is to always maintain a minimum of £1000 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 twelve months Radio Royal continued to work hard at building and maintaining our profile amongst dinical and administrative staff and with patients, staff and users of hospital Seices. We have also worked hard at building relationships with organisations and the communty OLrtwith the hospital and the Trust e.g. we Continue to provide a 'Noticeboard' platform for NHS Forth Valley staff and associated organisations lo promote their public health messages to Ihe general public. we believe that this is a very important aspect of the work that we do, and will continue to develop this further. We have completed our second full year on DAB+ and the DAB audio has remained resilient. We have invested in an offsite cloud facility that DAB+ reverts to in the unlikely event that the main feed from the studio disappears and this has worked as intended, when required. As well as being a dedicated hospital radio station for Forth Valley Royal Hosprtal, since we started broadcasting on DAB+ to the Forth Valley, we are now also a community radio station, specialising in promoting heatth messages to the population of the Forth Valley. To reflect this change, a small working group revised our old constitution to articulate that change in status. The Gonstitution was assessed and signed-off by a solicttor and then voted on and approved at our recent AGM. This year, we have continued to work ¢losely with 'Forth Valley Giving., the operating name of the NHS Forth Valley Endowments Funds. whose pnmary purpose is to secure donations for services, activities and amenities which complement the core work of NHS Forth Valley, and enrich the patient experience. Radio Royal continues to be very generously supported by the Endowment Funds and for that, we are extremely grateful. We have been given pennission to resume ward visiting within Forth Valley Royal Hospital. which was suspended at the outbreak of COVID-19. This is one of the most important activities that we cary out,. it allows us to build a closer rapport with many of the patients (especially longer stay patients), arrange requests and dedications to be broadcast on our live programmes and lo check that the bedside entertainment equipment is working properly. Once we have recruited enough request collectors and helped them through their training, we plan to re-launch our request show, called 'Patients' Choice,. major project for us this year was to arrange compliance with the new Scottish Government protection of vulnerable persons legislation- the PVG Scheme. All the required documentation was arranged, processed and passed to the relevant NHS Forth Valley personnel. Over the past year, Radio Royal has continued to modemise its intemal digital infrastrudure, with a strong focus on stability, security and long-term scalability. Significant effort has been invested in the HR and Volunteer Management System {RRHRM) which will include easier access control for administrators, volunteer profile management and training tracking. Vvhile not fully built yet, the system architecture and database design have been carefully planned to support future expansion and a more intuitive user experien. Our broadcast schedule continues to be managed to provide the best OLrtPLrt possible. We broadcast a breakfast show with sport and showbiz news every weekday Monday to Friday and we present 'Late Night Love Songs, seven days a week. We have, however, added repeat shows to Ihe 4am to 6am slot each day to increase the number of hours where there is presenter dialogue as opposed to purely streamed music and ads. The monthly meetings of the Executive Committee of Radio Royal continued to be held throughout the year either in a faCe-tO-fa format or in a virtual capacty using Microsoft Teams.
Receipts and Payments InGome Looking at the Receipts and Payments Account we can see that our membership income continues to be a very healthy Sour of revenue; breaking the £1000 baler for the first time and up £55 on last year. The Executive Committee has decided to keep the annual subscription fee at £40 for full members and £20 for COnSsiOnary members.. those full members who are retired, unemployed or are students. We will also continue our reducing fee strudure for members who join at different times of the year. Our programme sponsorship & advertising initiative generated £1215, which is £635 down on last year, which is very disappointing_ The potential for this form of fundraising is significant.. the businesses who sign up get a very effective way of increasing their profile in our local community at very modest cost. We must devote mofe time and energy to this fomi of fundraising during the next twelve months. We ran our first two fundraising roadshows since 2019". one at a gr0ry Superstore and the other our Christmas roadshow in Stirling city ntre. The total income generated was an excellent £1253. We intend to ty and run at least three roadsht)ws next year. Our main income came from the following activities: £I000- Membership Subscriptions £1253- Roadshows £1215- Advertising and Programme Sponsorships Expenditure IT software expendtture for this year included £275 for a replay processing licence from Thimeo Audio Technology, £137 for the UK Radioplayer annual licence fee and £79 for Soare licenses from Mixcloud. We renewed our subscription with Aiir for our website and app hosting at a cost of £1296. We decided to create an account with Purple Rock. a local company that supplies branded clothing, including polo shirts. hoodies. fleeS and caps. Finally, we renewed our Insuran policy this year with PolicyBee who provided us with additional cover for community radio broadcasting. The renewal cost was £862 - the same price as last year. A breakdown of our main expenditure is as follows: £405- Technical Equipment £492 - IT Software £1296 - IT Hosting l Domain Name Fees £862- Insuran £577 - Telecoms I Web Streaming £720 - DAB+ Carrier Fee £50- HBA Subscription
Plans for the Future Increase the number of adverts taken out by local businesses and organisations. Expand the delivery of fundraising roadshows. Continue providing a platfomi for Forth Valley staff to promote their health messages to the public. Continue generating funds to keep Radio Royal on a stable financial footing. Re*stablish comprehensive ward visiting I request collecting. JL6 Simon K Marshall Trustee l Treasurer Lee Tatt Trustee I Chainnan