MODE LDN CIC

Company limited by guarantee

Company Registration Number:
13684419 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

MODE LDN CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

MODE LDN CIC

Directors' report period ended 31 October 2024

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

Principal activities of the company

We have continued our work operating as a community radio station. We have also invested in running some small, local events

Company policy on disabled employees

We actively encourage and welcome volunteers who may identify as disabled, be it physically or mentally. A lot of our volunteers and residents are in the Neurodiverse spectrum with a few that require extra assistance due to physically disability. Our senior staff are all trained and equipped to deal with anyone who requires extra assistance. Extra guidance with equipment, access to quiet, calm spaces and flexibility with our working space in order to make it more accessible are all things we have exercised throughout the year



Directors

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

Matteo Ross
Jason Jules


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
20 June 2025

And signed on behalf of the board by:
Name: Matteo Ross
Status: Director

MODE LDN CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 24,614 52,619
Cost of sales: ( 26,001 ) ( 50,601 )
Gross profit(or loss): (1,387) 2,018
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): (1,387) 2,018
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (1,387) 2,018
Tax: 0 0
Profit(or loss) for the financial year: (1,387) 2,018

MODE LDN CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 2,506 3,894
Investments:   0 0
Total current assets: 2,506 3,894
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 2,506 3,894
Total assets less current liabilities: 2,506 3,894
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,506 3,894
Members' funds
Profit and loss account: 2,506 3,894
Total members' funds: 2,506 3,894

The notes form part of these financial statements

MODE LDN CIC

Balance sheet statements

For the year ending 31 October 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 20 June 2025
and signed on behalf of the board by:

Name: Matteo Ross
Status: Director

The notes form part of these financial statements

MODE LDN CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

MODE LDN CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

    These are the company directors, who have not taken any remuneration

COMMUNITY INTEREST ANNUAL REPORT

MODE LDN CIC

Company Number: 13684419 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

We have continued to host and mentor over 100 DJs, Presenters & MCs from our local area and the surrounding London Boroughs. We have between 3-5 live shows each day in our studio as well as a team of 5 volunteers who are in the studio once a week each. We have also put on a series of live events, an opportunity for our residents to come and socialist and network. Many of our residents and volunteers have gone on to secure paid work, be it with live performances or working behind the scenes in the industry

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
20 June 2025

And signed on behalf of the board by:
Name: Matteo Ross
Status: Director