Company Registration No. 09610712 (England and Wales)
Made By Radio Limited
Unaudited accounts
for the year ended 31 May 2023
Made By Radio Limited
Unaudited accounts
Contents
Made By Radio Limited
Company Information
for the year ended 31 May 2023
Company Number
09610712 (England and Wales)
Registered Office
Reading
Berkshire
RG5 4TW
United Kingdom
Accountants
Lane Accounting Limited
Denmark House
143 High Street
Chalfont St Peter
Buckinghamshire
SL9 9QL
Made By Radio Limited
Statement of financial position
as at 31 May 2023
Tangible assets
6,474
5,898
Cash at bank and in hand
1,436
14,546
Creditors: amounts falling due within one year
(110,692)
(47,533)
Net current liabilities
(109,256)
(5,789)
Net (liabilities)/assets
(102,782)
109
Called up share capital
100
100
Profit and loss account
(102,882)
9
Shareholders' funds
(102,782)
109
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 October 2023 and were signed on its behalf by
Byron Meiring
Director
Company Registration No. 09610712
Made By Radio Limited
Notes to the Accounts
for the year ended 31 May 2023
Made By Radio Limited is a private company, limited by shares, registered in England and Wales, registration number 09610712. The registered office is Reading, Berkshire, RG5 4TW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% per annum cost
Computer equipment
25% per annum of cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Made By Radio Limited
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
2,441
19,879
22,320
At 31 May 2023
2,441
22,578
25,019
At 1 June 2022
1,923
14,499
16,422
Charge for the year
103
2,020
2,123
At 31 May 2023
2,026
16,519
18,545
At 31 May 2023
415
6,059
6,474
At 31 May 2022
518
5,380
5,898
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
84,384
42,007
Loans from directors
24,266
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 31 May 2023 Mr B & Mrs N Meiring were owed £24,266 by the company . In 2022 they owed the company £27,198. This is an interest free loan repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).