IRIS Accounts Production v24.3.2.46 SC155332 Board of Directors 1.5.23 30.4.24 30.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1553322023-04-30SC1553322024-04-30SC1553322023-05-012024-04-30SC1553322022-04-30SC1553322022-05-012023-04-30SC1553322023-04-30SC155332ns15:Scotland2023-05-012024-04-30SC155332ns14:PoundSterling2023-05-012024-04-30SC155332ns10:Director12023-05-012024-04-30SC155332ns10:CompanyLimitedByGuarantee2023-05-012024-04-30SC155332ns10:SmallEntities2023-05-012024-04-30SC155332ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30SC155332ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30SC155332ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC155332ns10:FullAccounts2023-05-012024-04-30SC155332ns10:Director22023-05-012024-04-30SC155332ns10:Director32023-05-012024-04-30SC155332ns10:Director42023-05-012024-04-30SC155332ns10:RegisteredOffice2023-05-012024-04-30SC155332ns5:CurrentFinancialInstruments2024-04-30SC155332ns5:CurrentFinancialInstruments2023-04-30SC155332ns5:FurtherSpecificReserve1ComponentTotalEquity2024-04-30SC155332ns5:FurtherSpecificReserve1ComponentTotalEquity2023-04-30SC155332ns5:RetainedEarningsAccumulatedLosses2024-04-30SC155332ns5:RetainedEarningsAccumulatedLosses2023-04-30SC155332ns5:LandBuildings2023-05-012024-04-30SC155332ns5:PlantMachinery2023-05-012024-04-30SC15533212023-05-012024-04-30SC155332ns5:LandBuildings2023-04-30SC155332ns5:FurnitureFittings2023-04-30SC155332ns5:ComputerEquipment2023-04-30SC155332ns5:FurnitureFittings2023-05-012024-04-30SC155332ns5:ComputerEquipment2023-05-012024-04-30SC155332ns5:LandBuildings2024-04-30SC155332ns5:FurnitureFittings2024-04-30SC155332ns5:ComputerEquipment2024-04-30SC155332ns5:LandBuildings2023-04-30SC155332ns5:FurnitureFittings2023-04-30SC155332ns5:ComputerEquipment2023-04-30SC155332ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30SC155332ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: SC155332 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SPEYSOUND RADIO LIMITED

SPEYSOUND RADIO LIMITED (REGISTERED NUMBER: SC155332)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPEYSOUND RADIO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs K S Gregory
Mr P J Wright
Mr M D Gregory
Rev G T W Atkinson



REGISTERED OFFICE: Tomanuird
Cromdale
Grantown on Spey
Moray
PH26 3LW



REGISTERED NUMBER: SC155332 (Scotland)



ACCOUNTANTS: Ross + Co Accountancy Limited
31 Strathspey Avenue
Aviemore
PH22 1SN



BANKERS: Bank of Scotland
Grampian Road
Aviemore
PH22 1RH

SPEYSOUND RADIO LIMITED (REGISTERED NUMBER: SC155332)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,375 4,050

CURRENT ASSETS
Debtors 5 984 840
Cash at bank 8,776 11,320
9,760 12,160
CREDITORS
Amounts falling due within one year 6 112 976
NET CURRENT ASSETS 9,648 11,184
TOTAL ASSETS LESS CURRENT LIABILITIES 13,023 15,234

RESERVES
Other reserves 11,408 11,408
Profit & loss account -
distributable 1,615 3,826
13,023 15,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 January 2025 and were signed on its behalf by:





Mrs K S Gregory - Director


SPEYSOUND RADIO LIMITED (REGISTERED NUMBER: SC155332)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Speysound Radio Limited is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents sponsorship and advertising receipts, excluding Value Added Tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 15% on reducing balance
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

TAXATION
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEBTORS AND CREDITORS RECEIVABLE/PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures Computer
Cabins & fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 3,260 64,572 3,649 71,481
Disposals - - (1,084 ) (1,084 )
At 30 April 2024 3,260 64,572 2,565 70,397
DEPRECIATION
At 1 May 2023 2,867 61,983 2,581 67,431
Charge for year 59 388 211 658
Eliminated on disposal - - (1,067 ) (1,067 )
At 30 April 2024 2,926 62,371 1,725 67,022
NET BOOK VALUE
At 30 April 2024 334 2,201 840 3,375
At 30 April 2023 393 2,589 1,068 4,050

SPEYSOUND RADIO LIMITED (REGISTERED NUMBER: SC155332)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25 625
Other debtors 959 215
984 840

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 112 976