STONY RADIO CIC

Company limited by guarantee

Company Registration Number:
13029646 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

STONY RADIO CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

STONY RADIO CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 9,482 11,619
Cost of sales: 0 0
Gross profit(or loss): 9,482 11,619
Administrative expenses: ( 6,120 ) ( 13,721 )
Operating profit(or loss): 3,362 (2,102)
Profit(or loss) before tax: 3,362 (2,102)
Profit(or loss) for the financial year: 3,362 (2,102)

STONY RADIO CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 3,456 1,094
Total current assets: 3,456 1,094
Creditors: amounts falling due within one year: 3 ( 337 ) ( 1,337 )
Net current assets (liabilities): 3,119 (243)
Total assets less current liabilities: 3,119 ( 243)
Accruals and deferred income: ( 3,650 ) ( 3,650 )
Total net assets (liabilities): (531) (3,893)
Members' funds
Profit and loss account: (531) ( 3,893)
Total members' funds: ( 531) (3,893)

The notes form part of these financial statements

STONY RADIO CIC

Balance sheet statements

For the year ending 30 November 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.

This report was approved by the board of directors on 19 January 2024
and signed on behalf of the board by:

Name: James Tully
Status: Director

The notes form part of these financial statements

STONY RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

STONY RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

STONY RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 337 1,337
Total 337 1,337

STONY RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
A Directors loan was introduced when the company first started trading in November 2020 to enable it to function.
£
Balance at 30 November 2022 1,337
Advances or credits made:
Advances or credits repaid: 1,000
Balance at 30 November 2023 337

COMMUNITY INTEREST ANNUAL REPORT

STONY RADIO CIC

Company Number: 13029646 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Stony Radio has actively supported a number of charities, including the Milton Keynes based Ukraine Appeal Charity, (broadcasting a weekly 2-hour programme of music and information to the Ukrainian diaspora in the Milton Keynes area), Unity MK (raising funds for a local homeless shelter) and a number of our presenters supported a local event by DJing to raise funds for Cancer Research UK. We attended our local Deanshanger Pride event and handed out leaflets to raise awareness of Stony Radio and to encourage people to get involved.The Directors attended a Stony Stratford Rotary Club meeting where we delivered a presentation to the Committee and guests, detailing the station’s objectives and discussing how we can collaborate with the Rotary Club and promote their charity work, including this year’s Guinness World Record Food Bank Challenge.We also regularly promote and interview local bands and have collaborated with Milton Keynes College to support their Music and Drama department by interviewing students and playing their music on the station.

Consultation with stakeholders

Stony Radio has two directors and 30 Presenters. We consult with our Presenters via a WhatsApp Group and regular group activities. We actively encourage suggestions for improvements to the station’s technology and content and we report back to our stakeholders on listener figures and involve them in any significant changes.

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
19 January 2024

And signed on behalf of the board by:
Name: James Tully
Status: Director