GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
06206631 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 8,545 8,545
Total fixed assets: 8,545 8,545
Current assets
Cash at bank and in hand: 373 462
Total current assets: 373 462
Creditors: amounts falling due within one year: 4 ( 285 ) ( 265 )
Net current assets (liabilities): 88 197
Total assets less current liabilities: 8,633 8,742
Total net assets (liabilities): 8,633 8,742
Members' funds
Profit and loss account: 8,633 8,742
Total members' funds: 8,633 8,742

The notes form part of these financial statements

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 November 2023
and signed on behalf of the board by:

Name: Richard Davis
Status: Director

The notes form part of these financial statements

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.The company recognises revenue when:The amount of revenue can be reliably measured;it is probable that future economic benefits will flow to the entity;and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 8,545 8,545
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 8,545 8,545
Depreciation
At 1 May 2022
Charge for year
On disposals
Other adjustments
At 30 April 2023
Net book value
At 30 April 2023 8,545 8,545
At 30 April 2022 8,545 8,545

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 265
Accruals and deferred income 285
Total 285 265

COMMUNITY INTEREST ANNUAL REPORT

GREY MATTERS PRODUCTIONS COMMUNITY INTEREST COMPANY

Company Number: 06206631 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The company has continued its principal activity, the making of a fortnightly one-hour radio programme consisting of items which will be of interest to older listeners. The programme is made specifically for Brighton’s Community Radio Station, “Radio Reverb”, on which each edition is broadcast six times during the course of a fortnight. It is also broadcast on Brighton’s Hospital Radio Station, “Coastway”.Volunteers are also trained in the techniques of radio production.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 November 2023

And signed on behalf of the board by:
Name: Richard Davis
Status: Director