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REGISTERED NUMBER: 07226819 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

EDDYSTONE BROADCAST LIMITED

EDDYSTONE BROADCAST LIMITED (REGISTERED NUMBER: 07226819)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

EDDYSTONE BROADCAST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: I R Casselden
H O'Shaughnessy
C J Bramsdon
M Love
R Darrell
Ms S Mucklow
R Rutter





SECRETARY: I R Casselden





REGISTERED OFFICE: Unit 4
Brunel Road
Churchfields Industrial Estate
St Leonards-On-Sea
East Sussex
TN38 9RT





REGISTERED NUMBER: 07226819 (England and Wales)





ACCOUNTANTS: x5 Xeinadin Group
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

EDDYSTONE BROADCAST LIMITED (REGISTERED NUMBER: 07226819)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 3 5,588 6,391

CURRENT ASSETS
Inventories 607,494 714,366
Debtors 4 476,708 405,094
Cash at bank and in hand 219,352 415,138
1,303,554 1,534,598
CREDITORS
Amounts falling due within one year 5 1,156,391 1,356,962
NET CURRENT ASSETS 147,163 177,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,751

184,027

CREDITORS
Amounts falling due after more than one
year

6

32,435

50,000
NET ASSETS 120,316 134,027

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 119,316 133,027
SHAREHOLDERS' FUNDS 120,316 134,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which 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 company as at the end of each financial year and of its profit or loss 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 company.

EDDYSTONE BROADCAST LIMITED (REGISTERED NUMBER: 07226819)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2022 and were signed on its behalf by:





I R Casselden - Director


EDDYSTONE BROADCAST LIMITED (REGISTERED NUMBER: 07226819)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is not recognised in respect of timing differences that have originated but not reversed at the balance sheet date. The directors accept that this accounting treatment does not comply with Financial Reporting Standard 102 but still conclude that the financial statements give a true and fair view of the company's financial position and performance.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company has prepared its accounts on the going concern basis as it will continue to be supported by its directors.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 11 ) .

EDDYSTONE BROADCAST LIMITED (REGISTERED NUMBER: 07226819)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

3. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 8,945 4,925 31,352 45,222
Additions 1,285 - 1,039 2,324
At 31 March 2022 10,230 4,925 32,391 47,546
DEPRECIATION
At 1 April 2021 4,624 4,849 29,358 38,831
Charge for year 1,821 76 1,230 3,127
At 31 March 2022 6,445 4,925 30,588 41,958
NET BOOK VALUE
At 31 March 2022 3,785 - 1,803 5,588
At 31 March 2021 4,321 76 1,994 6,391

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 311,148 268,640
Amounts owed by related undertakings 125,164 125,164
Other debtors 13,768 11,290
VAT 10,364 -
Prepayments 16,264 -
476,708 405,094

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,660 -
Trade creditors 662,431 512,056
Amounts owed to related undertakings 348,577 341,746
Social security and other taxes 11,136 9,919
VAT - 15,605
Other creditors 22,810 380,716
Accrued expenses 101,777 96,920
1,156,391 1,356,962

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 32,435 50,000

7. CHARGES REGISTERED

A fixed and floating charge exists dated 24 November 2011 in favour of HSBC Bank PLC.

EDDYSTONE BROADCAST LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
EDDYSTONE BROADCAST LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2022.

We have prepared these finance statements, which comprise the Income Statement, Balance Sheet and the related notes, based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".

You have determined that the company is exempt from the statutory requirement for an audit for this accounting period. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors of the company for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.






x5 Xeinadin Group
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH


9 September 2022