for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023
The director shown below has held office during the period of
11 October 2022 to 31 March 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
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: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
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 March 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2023 | | | ||||
Depreciation | ||||||
At 1 April 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 March 2023 | | | ||||
Net book value | ||||||
At 31 March 2023 | | | ||||
At 31 March 2022 | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
FMB CIC (trading as FMB Radio or FMB) is a social enterprise, registered as company limited by guarantee without share capital, a Community Interest Company (CIC), incorporated in England and Wales on 18 April 2019. The core purpose is digital media recording, publishing, reproduction, and dissemination mainly in the form of community conversations, online radio broadcasting, podcasts and virtual audio and video contents. We exist to address the gaps in digital media and authentic voices for the underrepresented communities. We complement existing local and regional media services. Our mission is to build on Nottingham’s history of culture, creativity, innovation and a UNESCO City of Literature in establishing a sustainable safe space for minority communities to air their views, voices and ideas through audio, video and digital contents thereby amplifying their authentic voices and challenging existing policies and perspectives in a constructive manner.We offered individuals and organisations an opportunity to share their stories, experiences, and views through FMB online radio. We worked with local communities, especially those from New and Emerging communities in creating programmes, with a unique and powerful mix of reporting, personal and organisational stories, experiences, views, and perceptions. This was in form of audio products on the radio (live and recorded), stories, question and answers, and interviews which captured and broadcasted authentic voices. We offered an extensive variety of music, especially when no programs were being broadcasted or through music programmes and discussion broadcasts.The Radio and website showcased talent and shared authentic voices thereby creating a sense of social identity and pride among our target communities. It also acted as a two-way conduit for the exchange of information and ideas among the targeted communities. Our work was focused on dynamic and productive partnerships and collaborative working with local groups, thereby enabling them to meet their social objectives.Working jointly with other partners, we offered some accredited and unaccredited course such as radio broadcasting, radio presentation, community journalism, confidence building, solution journalism, podcasting, community conversation leadership, and digital storytelling, among others. These courses were aimed at enabling learners to engage better with FMB products and services while also gaining skills, qualifications, and confidence to become active members of their communities. We also provided opportunities for hands on experience through volunteering for FMB and signposting the learners to employment and further training opportunities.
FMB Radio’s stakeholders are all members of the local community i.e. those who live, work, are being educated or trained in the Nottingham area, or who share their interests. Our ethos has always been to invite the participation and involvement of everyone locally. We work almost entirely on a consensus basis while encouraging people to take responsibility and initiate their own ideas.This approach to community engagement is underpinned by our formal structures andworking approach. We also held two more informal community meetings which were a chance for ideas to be shared.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 November 2023
And signed on behalf of the board by:
Name: Jesse Kimani
Status: Director