for the Period Ended 31 December 2022
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2022 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2022
Basis of measurement and preparation
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2022 | | | | | ||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2022 | | | | | ||
Depreciation | ||||||
At 1 January 2022 | | | | | ||
Charge for year | | | | | ||
On disposals | ||||||
Other adjustments | ||||||
At 31 December 2022 | | | | | ||
Net book value | ||||||
At 31 December 2022 | | | | | ||
At 31 December 2021 | | | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Total | | |
Since April 2017, when we obtained our FM licence, we have maintained a team of around 25 broadcasters and other people who deliver a 24/7 radio broadcasting service as well as continuing to broadcast on the internet. We continue to promote local events on both the radio as well as on our website although have been fewer events to promote in 2022 because of the Covid pandemic. Our news bulletins that are broadcast every hour continue to feature some local news as well as national and international news. Colne Radio continues to be a community radio station as well as providing an opportunity for people to get involved in the many aspects of running a community radio station. We are grateful to our small but extremely good band of local advertisers who help to keep us going as well as to our dedicated volunteer presenters on whom we rely to deliver a service to the local community each day. In mid-2021 we found ourselves getting involved in a project to deliver radio journalism training to benefit people who would benefit from skills training in this specialist area. Project delivery was delayed until 2022 though. This project, part of a much larger project managed by Abberton Rural Training and called Seeds4Growth, successfully delivered training in radio journalism and creation of things as podcasts to 12 people in the Tendring area with a potential to give them a career in this sector. This was funded by a Government grant and used the services of our radio station and volunteers as well as paid consultants from external sources known to Colne Radio.
All of our presenters are required to undergo some training and to agree to conform to a code of practice to ensure we maintain high ethical standards in our broadcasting. This has been maintained in 2022. We promote these standards when we talk to other people and stakeholders about our radio station and what we want to promote. We maintain active links with our local communities and welcome all opportunities for local dialogue with people in our broadcast area. We continue to use means as articles in a local newsletter, and personal contacts of the directors who are reasonably well known in their local communities, to keep our local communities aware of our radio station and what it can do for them.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
7 August 2023
And signed on behalf of the board by:
Name: Peter Hill
Status: Director