MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Company limited by guarantee

Company Registration Number:
12460675 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 March 2023

End date: 31 March 2024

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Profit And Loss Account

for the Period Ended 31 March 2024

13 months to 31 March 2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 2,965 ) ( 3,055 )
Other operating income: 6,051 564
Operating profit(or loss): 3,086 (2,491)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 3,086 (2,491)
Tax: 0 0
Profit(or loss) for the financial year: 3,086 (2,491)

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Balance sheet

As at 31 March 2024

Notes 13 months to 31 March 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,084 2,026
Investments:   0 0
Total fixed assets: 2,084 2,026
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3,841 1,351
Investments:   0 0
Total current assets: 3,841 1,351
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 3,841 1,351
Total assets less current liabilities: 5,925 3,377
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 5,925 3,377
Members' funds
Profit and loss account: 5,925 3,377
Total members' funds: 5,925 3,377

The notes form part of these financial statements

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Balance sheet statements

For the year ending 31 March 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 17 October 2024
and signed on behalf of the board by:

Name: Glenys Hunt
Status: Director

The notes form part of these financial statements

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    Depreciation calculated at 10% per annum

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    13 months to 31 March 2024 2023
    Average number of employees during the period 0 0

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 2,026 2,026
Additions 261 261
Disposals
Revaluations
Transfers
At 31 March 2024 2,287 2,287
Depreciation
At 1 March 2023 0 0
Charge for year 203 203
On disposals
Other adjustments
At 31 March 2024 203 203
Net book value
At 31 March 2024 2,084 2,084
At 28 February 2023 2,026 2,026

COMMUNITY INTEREST ANNUAL REPORT

MERSEYSIDE DEMENTIA FRIENDLY RADIO CIC

Company Number: 12460675 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Merseyside Dementia Friendly Radio is an independent, online radio station that is run in collaboration with, and for the benefit of, those who live in the Merseyside area whose lives are affected by dementia. The 24/7 broadcast is carefully curated to serve as a reminiscence resource whilst also providing reality orientation, mood management, self-care reminders and signposting to local services/groups. M.D.F.R. also aims to keep people up-to-date with dementia related news, events and research findings. Every aspect of the station is given utmost consideration to ensure that the content and the ways in which it is experienced are as dementia friendly as possible. Launching in February 2020 the radio station has developed a range of programming which suits the needs of people living with dementia including, a range of music from different eras, time and day prompts, first-hand accounts of the benefits of music from people living with dementia and interest pieces from professionals working in dementia care. Whilst this was not anticipated at the time of launch a radio station proved particularly beneficial during 2021 due to the ongoing social isolation that people felt during lockdown as a result of the COVID-19 pandemic. Adaptations were made to the way the service ran, and equipment purchased, meaning that people living with dementia could still record content for the station from their own home, therefore not exposing themselves to risk. Merseyside Dementia Friendly Radio has deliberately chosen premises which are also committed to benefitting the local community, moving to the Speke Training and Enterprise Centre in August 2024. The centre works to support the local community and is striving to be more dementia friendly. The benefits to the community include:- Providing people living with dementia, who may otherwise be excluded, with a radio station dedicated to their needs- To keep the community updated on current issues related to dementia and ways to support themselves or others living with the condition- To help people living with dementia feel connected. The station has recently been awarded a Community DAB licence which means it will be more easily accessible to the target audience.

Consultation with stakeholders

The company stakeholders are people living with dementia, carers and loved ones of people living with dementia, professionals working within dementia services and academia and others interested in dementia. The directors all have an interest and history with dementia. Two directors are children of people living with dementia; two are academics and one an entrepreneur, all working in the area committed to improving the lives of people living with dementia. Stakeholder consultation was more limited this year due to problems with premises, but there was some consultation through email and telephone surveys by volunteers and student placements. This will be built on in the coming year. Links have been made with local care homes and dementia groups to offer them to opportunity to contribute to the content played. Content for the station has been developed by people living with dementia, health professionals and researchers in the area.

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
17 October 2024

And signed on behalf of the board by:
Name: Glenys Hunt
Status: Director