Preston FM is a community radio station broadcasting on 103.2 MHz from its base on Cannon Street, Preston, UK, which commenced full-time broadcasting on 6 October 2008. The station has broadcast previously on six one-month trials, in October 2005, March 2006, November 2006, May 2007, November 2007, and 2–29 June 2008. The community broadcaster, which is led by station manager Richard Lace, subsequently received a full-time community radio licence from UK regulator Ofcom. The station has been partly backed thanks to EU funding. As of April 2012, the station will go independent due to the closure of the arts charity Prescap.