REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
REFUGEE RADIO LIMITED |
(A COMPANY LIMITED BY GUARANTEE) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
REFUGEE RADIO LIMITED |
(A COMPANY LIMITED BY GUARANTEE) |
REFUGEE RADIO LIMITED |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Statement of Financial Position | 7 |
Notes to the Financial Statements | 8 | to | 15 |
REFUGEE RADIO LIMITED (REGISTERED NUMBER: 06603729) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MAY 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives |
The objectives of the Charity are: |
1. The promotion of racial harmony for the public benefit by working towards the elimination of discrimination on the |
grounds of race. |
2. Promoting activities to foster understanding between people from diverse backgrounds and cultivating a sentiment in favour of equality and diversity. |
3. To advance the education of the public in general about the issues relating to refugees and those seeking asylum and raising awareness in equality and diversity. |
4. To relieve the needs and reserve and protect the physical and mental health of refugees and asylum seekers. |
5. The promotion of social inclusion for the public benefit among people who are refugees and asylum seekers who are socially excluded on the grounds of their social and economic position. |
6. To advance the education and training of refugees and asylum seekers in need thereof so as to advance them in life and assist them to adapt within a new community. |
7. To advance education in broadcasting skills and literacy. |
REFUGEE RADIO LIMITED (REGISTERED NUMBER: 06603729) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MAY 2024 |
OBJECTIVES AND ACTIVITIES |
Significant activities |
Refugee Radio is a charity based in Brighton and Hove and working throughout East and West Sussex to support refugees, asylum seekers and other vulnerable migrants, especially those who have been traumatised through torture, war and/or sexual violence and who might be suffering mental health issues and isolation. |
Mental-Health Support Group |
We facilitate mental-health support-groups for refugees and asylum seekers suffering from complex PTSD, stress and depression. We have been running the groups every week since 2011. They provide a space for people to safely share their problems and support each other. |
Refugee Trauma Therapy |
We provide long-term EMDR therapy for refugees and asylum seekers through our partnership with Brighton Therapy Centre. The intervention is for people suffering from complex PTSD who are excluded from accessing support from mainstream health services. The project helps people to speak about their traumatic experiences and begin the journey of healing. |
Advice and Casework |
We deliver specialist 1-2-1 advice and casework for refugees and asylum seekers who are experiencing homelessness, unemployment, disability and sickness so that they can access the support that they are entitled to. We advocate for people and represent them in benefit disputes and appeals. This project helps people to speak up when they are being excluded or discriminated against and to support each other as a way of promoting resilience at the individual and community level. |
Social Activities |
We run regular social activities for isolated refugees and asylum seekers, including everything from cycling to hiking, baking to dancing. These help people to make new friends and combat loneliness. |
Radio and Podcasts |
We produce radio programmes by and about refugees and migrants to help raise awareness of their experiences and to combat negative stereotyping. We help refugee musicians and writers to find new audiences. These enable refugee voices to be heard. |
Oral History |
We publish books collecting refugee life stories and oral histories so that they can be recorded and preserved. |
Our beneficiaries come from around Africa, the Middle East and the Indian subcontinent. They are all refugees, asylum seekers and other vulnerable migrants and most are suffering with PTSD as a result of their traumatic experiences in their home countries. The majority of our beneficiaries are long-term unemployed and many also have physical injuries and associated health problems from torture. In previous years, our beneficiaries were evenly split between those who have been granted refugee status and those who are still asylum seekers. Everything has changed recently because Brighton and Hove has become a "dispersal" area again which means that the Home Office is now placing asylum seekers in the city. They are getting little to no support at all from the Home Office and the city has no additional funding to cope with the new demand for services. A significant number of the newly dispersed asylum seekers are actively suicidal and have high needs. We are working very closely with those who are most at risk and monitoring developments. |
Public benefit |
The Trustees certify that they have had and paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. This they believe is demonstrated in the above paragraphs. |
ACHIEVEMENT AND PERFORMANCE |
We are now running three mental-health support groups across Sussex every week- in Brighton, Hastings and Eastbourne. We have expanded the number of groups and locations to meet the growing need from asylum seekers housed in emergency hotels in those areas. We have had a very positive partnership with the Sanctuary Café in Eastbourne who have established an exemplary model for joint service operations. |
FINANCIAL REVIEW |
Reserves |
The level of reserves is regularly monitored by the Trustees. The Trustees would consider a level of unrestricted reserves equivalent to 3 months expenditure to be appropriate to be held at any one time. We have made good progress over the past twelve months and hope to reach this target in the next year through continued trading of training and services. |
REFUGEE RADIO LIMITED (REGISTERED NUMBER: 06603729) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MAY 2024 |
FINANCIAL REVIEW |
Investment policy and objectives |
The Memorandum of Association allows the Trustees to deposit or invest funds in any manner (but to invest only after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification). |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Organisational structure |
Refugee Radio Limited was incorporated a company limited by guarantee without share capital on 27 May 2008, registered number 06603729.The company is also a registered charity, registered number 1133554. |
The charity's governing deed is the Memorandum and Articles of Association. |
Funds |
Henry Smith Charity: advice project and volunteer scheme |
National Lottery Community Fund RC London and South East Region: mental health and specialist casework advice service |
National Lottery Heritage Fund: oral history project (Refugee Heritage) |
Enterprise Development Programme: new social enterprise development |
NHS Brighton & Hove CCG: mental-health support groups and EMDR therapy in Brighton |
Sussex Community NHS Foundation Trust: mental-health support groups and therapy in Eastbourne and Hastings |
Tackling Serious Organised Crime in Partnership Community Fund: podcast, workshops and training in Brighton |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Daniel Chapman FCA CTA |
Hartley Fowler LLP |
Chartered Accountants |
Pavilion View |
19 New Road |
Brighton |
East Sussex |
BN1 1EY |
STATEMENT OF TRUSTEES' RESPONSIBILITIES |
The trustees (who are also the directors of Refugee Radio Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". |
REFUGEE RADIO LIMITED (REGISTERED NUMBER: 06603729) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MAY 2024 |
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued |
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to |
- | select suitable accounting policies and then apply them consistently; |
- | observe the methods and principles in the Charity SORP; |
- | make judgements and estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. |
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
REFUGEE RADIO LIMITED |
Independent examiner's report to the trustees of Refugee Radio Limited ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
Daniel Chapman FCA CTA |
Hartley Fowler LLP |
Chartered Accountants |
Pavilion View |
19 New Road |
Brighton |
East Sussex |
BN1 1EY |
26 February 2025 |
REFUGEE RADIO LIMITED |
STATEMENT OF FINANCIAL ACTIVITIES |
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) |
FOR THE YEAR ENDED 31 MAY 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities | 4 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Charitable activities | 5 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 83,646 |
REFUGEE RADIO LIMITED (REGISTERED NUMBER: 06603729) |
STATEMENT OF FINANCIAL POSITION |
31 MAY 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 12 |
CURRENT ASSETS |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 13 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 14 |
Unrestricted funds | 25,083 |
Restricted funds | 58,563 |
TOTAL FUNDS | 83,646 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
1. | STATUTORY INFORMATION |
Refugee Radio Limited is a charitable company limited by guarantee, incorporated in England and Wales. The company's registered number is 06603729 and its registered office address can be found in the Report of the Trustees. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', the Companies Act 2006 and where applicable the Charities Act 2011. |
Monetary amounts in these financial statements are rounded to the nearest whole £1. The presentation currency is the pound (£) Sterling. |
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern due to the net asset position. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income from donations are recognised upon receipt. |
Investment income |
Investment income is income receivable in the year including tax credits thereon and is recognised upon receipt. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Plant and machinery | - |
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. |
Taxation |
The charity is exempt from taxation on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial activities in the period to which they relate. |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
2. | ACCOUNTING POLICIES - continued |
Impairment of fixed assets |
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each statement of financial position date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in statement of financial activities unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Financial Activities. |
3. | INVESTMENT INCOME |
2024 | 2023 |
£ | £ |
Deposit account interest |
4. | INCOME FROM CHARITABLE ACTIVITIES |
2024 | 2023 |
Activity | £ | £ |
Community projects | Community projects | 218,644 | 160,520 |
5. | CHARITABLE ACTIVITIES COSTS |
Direct | Support |
Costs (see | costs (see |
note 6) | note 7) | Totals |
£ | £ | £ |
Community projects | 229,491 | 2,520 | 232,011 |
6. | DIRECT COSTS OF CHARITABLE ACTIVITIES |
2024 | 2023 |
£ | £ |
Staff costs | 167,073 | 151,112 |
Participant expenses | 15,095 | 7,394 |
Podcast and web fees | 455 | 535 |
Office overheads | 4,575 | 6,409 |
Training costs | 2,272 | 1,160 |
Travel and subsistence | 2,398 | 580 |
Professional fees | 4,065 | 9,599 |
Room hire | 13,219 | 9,352 |
Syrian hardship fund costs | 82 | 552 |
Refugee trauma therapy | 19,550 | 27,600 |
Depreciation | 707 | 569 |
229,491 | 214,862 |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
7. | SUPPORT COSTS |
Governance |
costs |
£ |
Community projects | 2,520 |
Support costs, included in the above, are as follows: |
Governance costs |
2024 | 2023 |
Community | Total |
projects | activities |
£ | £ |
Independent examiner's fees | 2,520 | 1,620 |
8. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
9. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 May 2024 nor for the year ended 31 May 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023. |
10. | STAFF COSTS |
2024 | 2023 |
£ | £ |
Wages and salaries |
Other pension costs |
167,073 | 151,112 |
Included in wages and salaries is £56,066 (2023: £51,490) worth of freelance fees. |
Key Management Personnel |
The trustees deem one staff member to be key management personnel and the total remuneration and benefits paid to them in 2024 was £40,500 (2023: £35,149). |
The average monthly number of employees during the year was as follows: |
2024 | 2023 |
Full time | 2 | 2 |
Part time | 2 | 2 |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
10. | STAFF COSTS - continued |
11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
Transfers between funds | 2,252 | (2,252 | ) | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 15,058 | 121,537 |
TOTAL FUNDS CARRIED FORWARD | 25,083 | 58,563 | 83,646 |
12. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1 June 2023 and 31 May 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
Accrued expenses |
14. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1/6/23 | in funds | 31/5/24 |
£ | £ | £ |
Unrestricted funds |
General fund | 25,083 | 6,223 | 31,306 |
Hardship Fund | - | (82 | ) | (82 | ) |
6,141 |
Restricted funds |
Big Lottery - Reaching Communities | 9,601 | 7,830 | 17,431 |
VCSE Hastings | 3,874 | (4,595 | ) | (721 | ) |
The Henry Smith Charity - Covid | 16,512 | (2,146 | ) | 14,366 |
The Henry Smith Charity | 28,628 | (28,800 | ) | (172 | ) |
Brighton & Hove City Council | - | 4,042 | 4,042 |
The National Lottery Heritage Fund | (2,342 | ) | 2,342 | - |
Lush Charity Pot | 2,200 | - | 2,200 |
NHS Brighton and Hove CCG | 90 | (90 | ) | - |
PCC for Sussex | - | 4,292 | 4,292 |
VCSE Eastbourne | - | (1,508 | ) | (1,508 | ) |
(18,633 | ) |
TOTAL FUNDS | (12,492 | ) | 71,154 |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
14. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 10,447 | (4,224 | ) | 6,223 |
Hardship Fund | - | (82 | ) | (82 | ) |
( |
) | 6,141 |
Restricted funds |
Big Lottery - Reaching Communities | 82,750 | (74,920 | ) | 7,830 |
VCSE Hastings | 14,122 | (18,717 | ) | (4,595 | ) |
The Henry Smith Charity - Covid | 38,200 | (40,346 | ) | (2,146 | ) |
The Henry Smith Charity | - | (28,800 | ) | (28,800 | ) |
Brighton & Hove City Council | 48,720 | (44,678 | ) | 4,042 |
Enterprise Development Project | 10,000 | (10,000 | ) | - |
The National Lottery Heritage Fund | 2,342 | - | 2,342 |
NHS Brighton and Hove CCG | - | (90 | ) | (90 | ) |
PCC for Sussex | 4,500 | (208 | ) | 4,292 |
VCSE Eastbourne | 8,438 | (9,946 | ) | (1,508 | ) |
( |
) | (18,633 | ) |
TOTAL FUNDS | ( |
) | (12,492 | ) |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1/6/22 | in funds | funds | 31/5/23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 15,058 | 7,654 | 2,208 | 24,920 |
Hardship Fund | - | 119 | 44 | 163 |
15,058 | 7,773 | 2,252 | 25,083 |
Restricted funds |
Big Lottery - Reaching Communities | 22,336 | (12,735 | ) | - | 9,601 |
VCSE Hastings | - | 3,874 | - | 3,874 |
The Henry Smith Charity - Covid | - | 16,512 | - | 16,512 |
The Henry Smith Charity | 25,620 | 5,216 | (2,208 | ) | 28,628 |
Brighton & Hove City Council | 2,416 | (2,416 | ) | - | - |
Syrian Hardship Fund | 44 | - | (44 | ) | - |
Enterprise Development Project | 21,804 | (21,804 | ) | - | - |
The National Lottery Heritage Fund | 9,255 | (11,597 | ) | - | (2,342 | ) |
Lush Charity Pot | 2,200 | - | - | 2,200 |
NHS Brighton and Hove CCG | 37,862 | (37,772 | ) | - | 90 |
121,537 | (60,722 | ) | (2,252 | ) | 58,563 |
TOTAL FUNDS | 136,595 | (52,949 | ) | - | 83,646 |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
14. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 8,122 | (468 | ) | 7,654 |
Hardship Fund | 671 | (552 | ) | 119 |
8,793 | (1,020 | ) | 7,773 |
Restricted funds |
Big Lottery - Reaching Communities | 49,650 | (62,385 | ) | (12,735 | ) |
VCSE Hastings | 9,624 | (5,750 | ) | 3,874 |
The Henry Smith Charity - Covid | 57,300 | (40,788 | ) | 16,512 |
The Henry Smith Charity | 28,800 | (23,584 | ) | 5,216 |
Brighton & Hove City Council | - | (2,416 | ) | (2,416 | ) |
Enterprise Development Project | - | (21,804 | ) | (21,804 | ) |
The National Lottery Heritage Fund | 9,366 | (20,963 | ) | (11,597 | ) |
NHS Brighton and Hove CCG | - | (37,772 | ) | (37,772 | ) |
154,740 | (215,462 | ) | (60,722 | ) |
TOTAL FUNDS | 163,533 | (216,482 | ) | (52,949 | ) |
Restricted funds consist of the following: |
Big Lottery- Reaching Communities- funding towards Community Resilience Project. |
VCSE Hastings- funding towards the establishment of a Refugee Hub in Hastings to provide a weekly mental-health support group, drop-in advice and trauma therapy for refugees and asylum seekers with PTSD. |
The Henry Smith Charity- Covid- funding towards the Covid-19 Long Term Support Grant Programme of Improving Lives. |
The Henry Smith Charity- funding towards Refugee Radio core costs. |
Brighton and Hove City Council- funding towards Community Resilience Project. |
The National Lottery Heritage Fund- funding for the Castaway Heritage Project. |
Lush Charity Pot- funding towards social activities. |
NHS Brighton and Hove CCG- funding towards PTSD therapy and mental-health support group. |
PCC for Sussex- funding towards the Albanian and Refugee Wellbeing and Resilience Project. |
VCSE Eastbourne- funding towards a mental-health support group. |
REFUGEE RADIO LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
15. | RELATED PARTY DISCLOSURES |
Charitable activities expenditure includes £nil (2023: £1,500) paid to a trustee of the charity for co-facilitating training sessions. |
Other than the above transactions and the transaction with the trustees and key management personnel detailed in notes 7 and 8, there were no other related party transactions for the year ended 31 May 2024, nor for the year ended 31 May 2023. |