ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11757771 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

The company's principal activity during the year continued to be the running of an online local radio station.



Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Shaun Bennett
Matthew Green
Robert Sadler


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
30 January 2025

And signed on behalf of the board by:
Name: Shaun Bennett
Status: Director

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 590 3,213
Cost of sales: ( 1,782 )
Gross profit(or loss): 590 1,431
Administrative expenses: ( 4,792 ) ( 1,171 )
Other operating income: 9,750
Operating profit(or loss): 5,548 260
Profit(or loss) before tax: 5,548 260
Tax: ( 1,205 )
Profit(or loss) for the financial year: 4,343 260

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 180
Total fixed assets: 0 180
Current assets
Cash at bank and in hand: 7,605 1,574
Total current assets: 7,605 1,574
Creditors: amounts falling due within one year: 4 ( 2,979 ) ( 1,471 )
Net current assets (liabilities): 4,626 103
Total assets less current liabilities: 4,626 283
Accruals and deferred income: ( 880 ) ( 880 )
Total net assets (liabilities): 3,746 (597)
Members' funds
Profit and loss account: 3,746 ( 597)
Total members' funds: 3,746 (597)

The notes form part of these financial statements

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 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 30 January 2025
and signed on behalf of the board by:

Name: Shaun Bennett
Status: Director

The notes form part of these financial statements

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 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

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses Depreciation is provided on all tangible fixed assets other than freehold land at rates calculated to write off the cost less estimated residual value of each asset evenly over its expected useful life as follows Plant and machinery over five years

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 3

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 542 542
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 542 542
Depreciation
At 1 February 2023 362 362
Charge for year 180 180
On disposals
Other adjustments
At 31 January 2024 542 542
Net book value
At 31 January 2024 0 0
At 31 January 2023 180 180

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,205 0
Other creditors 1,774 1,471
Total 2,979 1,471

COMMUNITY INTEREST ANNUAL REPORT

ROCKINGHAM MEDIA COMMUNITY INTEREST COMPANY

Company Number: 11757771 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The radio station has successfully established a presence in the online radio marketplace. Online streaming, smart device accessibility and streaming apps have all been established and presenter numbers, all made up from volunteers have risen steadily throughout the year. Working in conjuction with local colleges, Rockingham Media has established the radio station as a variable source of essential work place opportunities for Broadcast Media and Journalism students creating places for regular placements. In a post-pandemic situation the station has continued to increase volunteer memberships and listenership across the Dearne Valley region in South Yorkshire. There are also listeners tuning in across other counties, demonstrating the positive impact and growth of the community radio concept.

Consultation with stakeholders

Consultation with internal stakeholders has been undertaken through regular meetings, combining in person and online between the directors and with current and prospective volunteers. Through local engagement with community members other non-profit organisations and the Local Authority, plans have been developed to establish a community podcasting studio and training offering.

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
30 January 2025

And signed on behalf of the board by:
Name: Shaun Bennett
Status: Director