EH-FM RADIO C.I.C.

Company limited by guarantee

Company Registration Number:
SC627588 (Scotland)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

EH-FM RADIO C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

EH-FM RADIO C.I.C.

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The principal activity of the company is that of a Radio Station and is a Community Interest Company.



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

JJ Pettinger
MJ Belcher
FKR McKinnell


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 August 2024

And signed on behalf of the board by:
Name: JJ Pettinger
Status: Director

EH-FM RADIO C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 32,740 44,499
Cost of sales: ( 8,233 ) ( 11,741 )
Gross profit(or loss): 24,507 32,758
Administrative expenses: ( 47,049 ) ( 51,308 )
Other operating income: 21,030 18,927
Operating profit(or loss): (1,512) 377
Profit(or loss) before tax: (1,512) 377
Profit(or loss) for the financial year: (1,512) 377

EH-FM RADIO C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 788 2,726
Total fixed assets: 788 2,726
Current assets
Debtors: 4 3,010 752
Cash at bank and in hand: 1,899 3,601
Total current assets: 4,909 4,353
Net current assets (liabilities): 4,909 4,353
Total assets less current liabilities: 5,697 7,079
Accruals and deferred income: ( 561 ) ( 431 )
Total net assets (liabilities): 5,136 6,648
Members' funds
Profit and loss account: 5,136 6,648
Total members' funds: 5,136 6,648

The notes form part of these financial statements

EH-FM RADIO C.I.C.

Balance sheet statements

For the year ending 30 April 2024 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 7 August 2024
and signed on behalf of the board by:

Name: JJ Pettinger
Status: Director

The notes form part of these financial statements

EH-FM RADIO C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 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

EH-FM RADIO C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 4

EH-FM RADIO C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 339 7,815 8,154
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 339 7,815 8,154
Depreciation
At 1 May 2023 68 5,360 5,428
Charge for year 68 1,870 1,938
On disposals
Other adjustments
At 30 April 2024 136 7,230 7,366
Net book value
At 30 April 2024 203 585 788
At 30 April 2023 271 2,455 2,726

EH-FM RADIO C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 510 752
Other debtors 2,500
Total 3,010 752

COMMUNITY INTEREST ANNUAL REPORT

EH-FM RADIO C.I.C.

Company Number: SC627588 (Scotland)

Year Ending: 30 April 2024

Company activities and impact

The company runs a radio station for the local community. The radio station opened for business in April 2019. During the financial year 2023-2024, the radio station has provided a platform for many local artists to express themselves and entertained many in the local community.

Consultation with stakeholders

The company’s stakeholders are the residents (volunteers and presenters) of the radio station including the Directors of the company.The directors consult with the company’s stakeholders through a steering group which consists of residents within the community of the radio station. This steering group is appointed annually by the residents and feed back to directors on any matters brought up by the rest of the community on how the radio station could be better run. The directors also provide the steering group information on future plans and ideas, which in turn are fed back to the residents for comment.On top of this, consultations are made online with stakeholders and Directors of the company to produce content suitable for the community.

Directors' remuneration

There was £19,313 remuneration paid to the company Directors. No other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 August 2024

And signed on behalf of the board by:
Name: JJ Pettinger
Status: Director