LYMM COMMUNITY RADIO CIC

Company limited by guarantee

Company Registration Number:
12602954 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

LYMM COMMUNITY RADIO CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

LYMM COMMUNITY RADIO CIC

Directors' report period ended 31 August 2024

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

Directors

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

Paul Smith
Ian Roberts


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
23 May 2025

And signed on behalf of the board by:
Name: Paul Smith
Status: Director

LYMM COMMUNITY RADIO CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 68,118 51,962
Cost of sales: ( 2,327 ) ( 3,643 )
Gross profit(or loss): 65,791 48,319
Administrative expenses: ( 70,960 ) ( 61,564 )
Operating profit(or loss): (5,169) (13,245)
Interest payable and similar charges: ( 80 )
Profit(or loss) before tax: (5,169) (13,325)
Tax: 1,118
Profit(or loss) for the financial year: (5,169) (12,207)

LYMM COMMUNITY RADIO CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 9,496 0
Total fixed assets: 9,496 0
Current assets
Debtors: 4 800 1,918
Cash at bank and in hand: 1,134 30
Total current assets: 1,934 1,948
Creditors: amounts falling due within one year: 5 ( 24,040 ) ( 9,389 )
Net current assets (liabilities): (22,106) (7,441)
Total assets less current liabilities: (12,610) ( 7,441)
Total net assets (liabilities): (12,610) (7,441)
Members' funds
Profit and loss account: (12,610) ( 7,441)
Total members' funds: ( 12,610) (7,441)

The notes form part of these financial statements

LYMM COMMUNITY RADIO CIC

Balance sheet statements

For the year ending 31 August 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 23 May 2025
and signed on behalf of the board by:

Name: Paul Smith
Status: Director

The notes form part of these financial statements

LYMM COMMUNITY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.

LYMM COMMUNITY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

LYMM COMMUNITY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 0 0 0
Additions 8,174 6,000 14,174
Disposals
Revaluations
Transfers
At 31 August 2024 8,174 6,000 14,174
Depreciation
At 1 September 2023 0 0 0
Charge for year 2,698 1,980 4,678
On disposals
Other adjustments
At 31 August 2024 2,698 1,980 4,678
Net book value
At 31 August 2024 5,476 4,020 9,496
At 31 August 2023 0 0 0

LYMM COMMUNITY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Other debtors 800 1,918
Total 800 1,918

LYMM COMMUNITY RADIO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,198
Other creditors 24,040 8,191
Total 24,040 9,389

COMMUNITY INTEREST ANNUAL REPORT

LYMM COMMUNITY RADIO CIC

Company Number: 12602954 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Broadcasting as 'Cheshire's Mix56' we continue to provide local news, travel and entertainment to a growing local audience. We continue to support many local events and organisations and provide a unique and exciting volunteer opportunity for more than 40 people.

Consultation with stakeholders

Our advertisers and sponsors regularly provide excellent feedback. We are helping them to raise awareness of their services/events and we hope to become an essential part of there marketing mix.

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
22 May 2025

And signed on behalf of the board by:
Name: Paul Smith
Status: Director