CYSM board introduction

CYSM Board Induction

May 2013

Jim Gardner, Chief Executive, Kent Union

Maria Mann, Governance Support Manager, Kent Union

CYSM Reserves (Balance Sheet)

£26.6k (as at 31/12/12)

Financial performance 2011/12

Surplus £1k

Turnover £34k

Staff Support £11k

Depreciation £10k

Subscriptions/Licences £4k

Other (insurance, maintenance, audits) £8k

Financial context

Budget 2013/14

Deficit £1k

Income £64k

Expenses £65k

Partner members

CSR Exec members

Jon Easton

Mark Freeney

Ciaran O’Connell

Elliott Crush

Canterbury Christ Church Students’ Union

Anca Popescu & Ian Dancy

Kent Union

Kenny Budd, Jim Gardner & Hannah Wallington

University of Kent

Professor Alex Hughes & Wayne Campbell

Canterbury Christ Church University

Lorri Currie & Marco Keir

Where does the money go?

Staff Support £37k

Depreciation £12k

Subscriptions and Licences £4k

Membership Support £1k

Training and Development £1k

Other £9k

Who’s who on the Board

Staff (in attendance)

External members

Mel Lewis

(Student Media Manager)

Maria Mann

(Governance Support Manager)

Joff Taylor

(Technical Co-ordinator)

John Tagholm

(also Chair of the Board)

Denis Stevenson

(member of Technical Committee)

Nick Hooper

Agnes Gulyas

(Canterbury Christ Church University lecturer)

Joint bid backed by both universities & students’ unions submitted in 2006

5-year license awarded in 2006

1st student radio station to receive community license (still 1 of only 6)

Station started broadcasting in January 2007

OfCom introduced Community Radio License in 2005 - opportunity for UKCR & C4 spotted by the SU’s

CSR secures contract to cover Lounge on the Farm - 2009

UKCR started broadcasting in 1966, initially pirate radio station –oldest student radio station in the UK

Run for 5-years with license renewal secured in 2011 for further 5-years (Jan 2012 – Dec 2016)

Board administration

Foundations in University of Kent at Canterbury Radio (UKCR) & Canterbury Christ Church College Radio (C4 Radio)

Governance review completed in 2009

Number and dates of Board meetings

The history of CSR/CYSM

4 meetings a year

October, January, April, June

The role of the Board

Kent Union secures £300k for new student media centre

Won 6 National Student Radio Awards

• Best Specialist Show – 2007
• Best Live Outside Broadcast – 2009
• Best Live Outside Broadcast & Best Technical Achievement – 2010
• Best Community Spirit – 2012
• Charity Champion – I Love Student Radio Awards 2013

Board papers (typical items)

Determine and protect mission and values

• Organisational purpose
• Values and organisational culture

Vision and strategy

Major funding increase from partners secured in 2013 for F/Y 2013/14 (turnover increase from £40K - £64K

• Create compelling vision for future
• Strategy and supporting plans to attain vision
• Monitor progress against plans

Studio Red (CCCU studio) launched September 2011

Ofcom Report

H&S Report & Plan

Financial Statements

Budget

Technical Report

Operating Plan Progress

Management Accounts

Legal compliance

Secure £13k from OfCom for business development staff post 2013

John Pigeon Awards launched in 2011

• OfCom regulations
• Libel
• Health and safety
• Data protection

KIC Awards launched in 2013

Financial sustainability

Expenses

• Level of reserves (Balance Sheet)
• Financial plans (Budget)
• Monitor progress against plans (management accounts)

Mileage rate, postage & printing costs

Presentation Outline

• The history of CSR/CYSM
• The role of the Board
• Who’s who on the Board
• Board administration
• Financial context