Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseprovision of radio site facilities, repeater systems and telecommunications equipment00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01280495 2023-01-01 2023-12-31 01280495 2022-01-01 2022-12-31 01280495 2023-12-31 01280495 2022-12-31 01280495 c:Director1 2023-01-01 2023-12-31 01280495 d:Buildings 2023-01-01 2023-12-31 01280495 d:Buildings 2023-12-31 01280495 d:Buildings 2022-12-31 01280495 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01280495 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 01280495 d:Buildings d:LongLeaseholdAssets 2023-12-31 01280495 d:Buildings d:LongLeaseholdAssets 2022-12-31 01280495 d:PlantMachinery 2023-01-01 2023-12-31 01280495 d:PlantMachinery 2023-12-31 01280495 d:PlantMachinery 2022-12-31 01280495 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01280495 d:FurnitureFittings 2023-01-01 2023-12-31 01280495 d:FurnitureFittings 2023-12-31 01280495 d:FurnitureFittings 2022-12-31 01280495 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01280495 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01280495 d:CurrentFinancialInstruments 2023-12-31 01280495 d:CurrentFinancialInstruments 2022-12-31 01280495 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01280495 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01280495 d:ShareCapital 2023-12-31 01280495 d:ShareCapital 2022-12-31 01280495 d:RetainedEarningsAccumulatedLosses 2023-12-31 01280495 d:RetainedEarningsAccumulatedLosses 2022-12-31 01280495 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 01280495 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 01280495 c:OrdinaryShareClass1 2023-01-01 2023-12-31 01280495 c:OrdinaryShareClass1 2023-12-31 01280495 c:OrdinaryShareClass1 2022-12-31 01280495 c:FRS102 2023-01-01 2023-12-31 01280495 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01280495 c:FullAccounts 2023-01-01 2023-12-31 01280495 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01280495 2 2023-01-01 2023-12-31 01280495 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01280495









HIGHPOINT RADIO COMMUNICATIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
REGISTERED NUMBER: 01280495

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
37,895
46,828

  
37,895
46,828

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
410,924
282,452

Cash at bank and in hand
  
593,621
691,902

  
1,004,545
974,354

Creditors: amounts falling due within one year
 6 
(113,446)
(118,469)

NET CURRENT ASSETS
  
 
 
891,099
 
 
855,885

TOTAL ASSETS LESS CURRENT LIABILITIES
  
928,994
902,713

PROVISIONS FOR LIABILITIES
  

Deferred tax
 7 
-
(648)

  
 
 
-
 
 
(648)

NET ASSETS
  
928,994
902,065


CAPITAL AND RESERVES
  

Called up share capital 
 8 
101
101

Profit and loss account
  
928,893
901,964

  
928,994
902,065


Page 1

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
REGISTERED NUMBER: 01280495
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






C D Jameson
Director

Date: 26 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

Highpoint Radio Communications Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of goods and services supplied during the year, exclusive of Value Added Tax.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
3% straight line
Leasehold radio stations
-
10% straight line based on book value at 1 January 2011
Radio equipment
-
4%-20% straight line
Fixtures and fittings
-
20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

Page 4

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


TANGIBLE FIXED ASSETS





Freehold property
Leasehold radio stations
Radio equipment
Fixture and fittings
Total

£
£
£
£
£



COST OR VALUATION


At 1 January 2023
136,515
144,073
534,461
32,075
847,124



At 31 December 2023

136,515
144,073
534,461
32,075
847,124



DEPRECIATION


At 1 January 2023
101,704
136,952
529,565
32,075
800,296


Charge for the year on owned assets
3,976
712
4,245
-
8,933



At 31 December 2023

105,680
137,664
533,810
32,075
809,229



NET BOOK VALUE



At 31 December 2023
30,835
6,409
651
-
37,895



At 31 December 2022
34,811
7,121
4,896
-
46,828


5.


DEBTORS

2023
2022
£
£


Trade debtors
120,924
120,924

Other debtors
290,000
160,000

Prepayments and accrued income
-
1,528

410,924
282,452


Page 5

 
HIGHPOINT RADIO COMMUNICATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
37,781
4,301

Corporation tax
8,176
29,433

Other taxation and social security
14,319
17,302

Other creditors
49,460
45,802

Accruals and deferred income
3,710
21,631

113,446
118,469



7.


DEFERRED TAXATION




2023


£






At beginning of year
(648)


Credited to profit or loss
648



AT END OF YEAR
-

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
-
(648)

-
(648)


8.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



101 (2022 - 101) Ordinary shares of £1.00 each
101
101


 
Page 6