Trustees' Report and Annual Review 2008

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Notes to the Financial Statements for the Year Ended 31st December 2008

  2008   2009
   
1. BALANCE OF ACCOUNTS
Natwest Current Account - balance as at 1st January   6,943.16   2,994.86
Deposit Accounts - balance as at 1st January 29,915.37 28,806.07
Total Funds Held at the Start of the Year   36,858.53   31,470.93
 
Net SURPLUS of Income over Expenditure during the Year   3,510.30   5,387.60
 
TOTAL FUNDS HELD as at the 31st December   40,368.83   36,858.53
 
Represented by :-
Natwest Current Account - balance per cash book records   4,458.73   6,943.16
Deposit Accounts - balance per cash book records   35,910.10   29,915.37
TOTAL FUNDS HELD as at the 31st December   40,368.83   36,858.53
 
2. FUNDRAISING INCOME
CD Sales ("WHR" label)   4,383.65   4,036.51
Collection Days   469.71   588.29
Fundraising Gig   400.00   -
Christmas Programme Guide Advertising   125.00   -
Car Boot Sale 82.00   -
Sponsored Parachute Jump 40.00   471.43
Longstock Garden Open Day -   1,950.00
  5,500.36   7,046.23
 
3. DONATIONS
Legacy - Ron Cruse   1,000.00   -
Barclays Bank (matched funding for Steve Wills CD sales)   520.00   526.00
Donations from Individuals & Friends of WHR   203.26   151.54
1st Winchester Scout Group   150.50   1,014.50
Leckford Estates   100.00   -
Adjutant General's Corps   -   50.00
  1,973.76   1,742.04
 
4. OTHER INCOME
Gift Aid refund from HM Revenue & Customs   219.77   66.74
Sale of Air Conditioning Unit   100.00   -
CD Sales ("Codename Music" label)   94.01   94.25
Refund for broken Air Conditioner   -   229.99
  413.79   390.98
 
5. STATION ADMINISTRATION EXPENSES
Insurance 728.46 718.28
Licence Fees   478.88   502.88
Broadband Internet Connection   431.30   177.17
Stationery and Computer Consumables   317.34   124.92
Postage   151.11   57.95
Volunteers' Refreshments   98.68   -
HBA Annual Membership   37.00   37.00
Miscellaneous   15.14   51.73
Studio Locks and Keys   -   156.97
Health & Safety Training   -   40.00
  2,257.91   1,866.90
 
6. FIXED ASSETS
Upgrades of Music playout system and office computers   814.82   66.59
Audio Processor for Station Output to Patientline   464.13   -
New Studio Chairs   -   428.88
Office Filing Cabinets   -   336.00
Microphone Pre-amps   -   137.01
Air Conditioner for Computer Cupboard   -   34.95
  1,278.95   1,003.43
 
7. FUNDRAISING EXPENSES
Production/Licensing of CDs ("WHR" CD Label)   2,464.79   1,751.08
Sainsburys Collection Day/Roadshow   106.50   24.00
Fundraising Gig   130.00   -
Car Boot Sale   85.00   -
Longstock Garden Open Day   -   234.59
Sponsored Parachute Jump   -   205.00
Miscellaneous   -   20.56
  2,786.29   2,235.23
 
8. TRUSTEES' EXPENSES
No expenses were paid to any of the Trustees during the year, except to re-imburse them for purchases made on behalf of the charity.
 
9. TRUSTEES' INDEMNITY INSURANCE
No charitable funds have been used to purchase insurance to indemnify the Trustees against the consequences of any neglect or default on their part.
 
10. ACCOUNTING POLICIES
Winchester Hospitals Radio is a registered charity and, as such, is governed by the Charities Acts of 1992 and 1993. As it has both a gross income and a total expenditure of not more than 100,000 per annum, section 42(3) of the 1993 Act entitles this charity to present simplified financial statements. As a result of this, and to be consistent with prior years, only a Receipts and Payments Account has been prepared and presented.
As a consequence of producing a Receipts and Payments Account, equipment purchases are not capitalised and depreciated. The full cost appears in the accounts for the year in which the equipment was purchased.

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