OPENDAB BRIGHTON & HOVE C.I.C.

Company limited by guarantee

Company Registration Number:
05636096 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

OPENDAB BRIGHTON & HOVE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

OPENDAB BRIGHTON & HOVE C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 70,360 70,360
Total fixed assets: 70,360 70,360
Current assets
Debtors: 4 9,138 9,138
Cash at bank and in hand: 7 7
Total current assets: 9,145 9,145
Net current assets (liabilities): 9,145 9,145
Total assets less current liabilities: 79,505 79,505
Creditors: amounts falling due after more than one year: 5 ( 77,860 ) ( 77,860 )
Total net assets (liabilities): 1,645 1,645
Members' funds
Profit and loss account: 1,645 1,645
Total members' funds: 1,645 1,645

The notes form part of these financial statements

OPENDAB BRIGHTON & HOVE 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 January 2025
and signed on behalf of the board by:

Name: Daniel Nathan
Status: Director

The notes form part of these financial statements

OPENDAB BRIGHTON & HOVE 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

    Other accounting policies

    The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

OPENDAB BRIGHTON & HOVE 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 1 1

OPENDAB BRIGHTON & HOVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Fixed assets investments note

Investment in equity shares which are publicly traded or where the fair value can be measured reliably are the initially measured at fair value, with changes in fair value recognised in profit and loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

OPENDAB BRIGHTON & HOVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Other debtors 9,138 9,138
Total 9,138 9,138

OPENDAB BRIGHTON & HOVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 77,860 77,860
Total 77,860 77,860

COMMUNITY INTEREST ANNUAL REPORT

OPENDAB BRIGHTON & HOVE C.I.C.

Company Number: 05636096 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Facilitating the delivery and discovery of radio online and over the air. Devising cross platform standards to track audiences. Developing DAB digital radio as a low cost incremental broadcast radio platform and service provider with transparent cost rather than profit oriented pricing of a public resource primarily in Brighton and Hove

Consultation with stakeholders

The stakeholders are the community, small scale commercial service providers, radio programme makers and radio listeners

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
9 January 2025

And signed on behalf of the board by:
Name: Daniel Nathan
Status: Director