WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Company Registration Number:
10849413 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2025

Period of accounts

Start date: 01 June 2024

End date: 31 May 2025

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 May 2025

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 May 2025




Director: John Baron
Anne Akers
Jill Stocks
Diane Law
Iola Shaw
Emma Bearman
Registered office: 26
Hare Park Mount
Leeds
England
LS12 5LR
Company Registration Number: 10849413 (England and Wales)

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Principal Activities

The company's principal activity was hyper-local journalism covering West Leeds, in the form of a news website, bi-monthly print editions and periodic podcasts. It also trains and mentors volunteer community journalists.

Additional information

As a not-for-profit enterprise, West Leeds Community Media normally aims to maintain a prudent reserve to cover contingencies and put any excess income into additional activity. At the end of the last financial year (May 2024), WLCM had come to the end of a significant three year block of funding. We therefore retained a larger than normal surplus to support activities while we looked for equivalent replacement funding, which was secured from the National Lottery Community Fund, starting in January 2025. The "trading loss" in this financial year is a combination of using the extra reserves during the first part of the year, then an expansion of both scope and extent of activities once further long-term funding was secured. The nett effect at the end of this financial year is to again reduce our reserves to a prudent but not excessive level, in line with our corporate objectives. WLCM continues to generate significant funding from syndication of news through Google, support from local business partners and donations from individual supporters, as well as the generous support from the National Lottery.

Directors

The directors shown below have held office during the whole of the period from 01 June 2024 to 31 May 2025
John Baron
Anne Akers
Jill Stocks
Diane Law
Iola Shaw
Emma Bearman

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: John Baron
Status: Director

Name: Anne Akers
Status: Director

Name: Diane Law
Status: Director

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 May 2025


2025
£

2024
£
Turnover 42,572 42,389
Cost of Materials ( 8,435 ) ( 6,733 )
Depreciation and Writeoffs ( 166 ) ( 402 )
Other charges ( 39,673 ) ( 26,781 )
Tax on surplus ( 0 ) ( 1,619 )
Surplus or (Deficit) for Period ( 5,702 ) 6,854

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Balance sheet

As at 31 May 2025


2025
£

2024
£
Fixed Assets: 148 313
Current assets: 13,004 24,905
Prepayments and accrued income: 164
Creditors: amounts falling due within one year: ( 7,831 ) ( 11,812 )
Net current assets (liabilities): 5,337 13,093
Total assets less current liabilities: 5,485 13,406
Creditors: amounts falling due after more than one year: ( 94 )
Total net assets (liabilities): 5,485 13,312
Reserves: 5,485 13,312

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Balance sheet continued

For the year ending 31 May 2025 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: John Baron
Status: Director

Name: Anne Akers
Status: Director

Name: Diane Law
Status: Director

The notes form part of these financial statements

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Employee Information

    Average number of employees: 0

WEST LEEDS COMMUNITY MEDIA LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Off balance sheet disclosure

    No