SEVERNSIDE DIGITAL RADIO CIC

Company Registration Number:
12866709 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

SEVERNSIDE DIGITAL RADIO CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SEVERNSIDE DIGITAL RADIO CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Called up share capital not paid: 100 100
Fixed assets
Tangible assets: 3 4,269 21,017
Total fixed assets: 4,269 21,017
Current assets
Debtors: 4 5,886 0
Cash at bank and in hand: 2,776 725
Total current assets: 8,662 725
Creditors: amounts falling due within one year: 5 ( 3,801 ) ( 28,786 )
Net current assets (liabilities): 4,861 (28,061)
Total assets less current liabilities: 9,230 ( 6,944)
Total net assets (liabilities): 9,230 (6,944)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 9,130 (7,044 )
Total Shareholders' funds: 9,230 (6,944)

The notes form part of these financial statements

SEVERNSIDE DIGITAL RADIO CIC

Balance sheet statements

For the year ending 30 September 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 4 June 2025
and signed on behalf of the board by:

Name: Nicholas Piggott
Status: Director

The notes form part of these financial statements

SEVERNSIDE DIGITAL RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

SEVERNSIDE DIGITAL RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SEVERNSIDE DIGITAL RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 22,765 22,765
Additions
Disposals ( 15,000 ) ( 15,000 )
Revaluations
Transfers
At 30 September 2024 7,765 7,765
Depreciation
At 1 October 2023 1,748 1,748
Charge for year 1,748 1,748
On disposals
Other adjustments
At 30 September 2024 3,496 3,496
Net book value
At 30 September 2024 4,269 4,269
At 30 September 2023 21,017 21,017

SEVERNSIDE DIGITAL RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 5,886 0
Total 5,886 0

SEVERNSIDE DIGITAL RADIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,662 28,542
Taxation and social security 139 244
Total 3,801 28,786

COMMUNITY INTEREST ANNUAL REPORT

SEVERNSIDE DIGITAL RADIO CIC

Company Number: 12866709 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Severnside Digital Radio CIC runs a Small Scale Digital Radio multiplex which covers parts of the City of Bristol and South Gloucestershire. We broadcast the local area's community radio stations on digital radio, and provide cost-effective digital radio transmission for other community and specialist radio services that could otherwise not afford broadcast digitally. We broadcast an average of 14 radio services during 2023/2024.

Consultation with stakeholders

No consultation with stakeholders

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
4 June 2025

And signed on behalf of the board by:
Name: Nicholas Piggott
Status: Director