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LONDON GREEK RADIO LIMITED

Registered Number
02147539
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

LONDON GREEK RADIO LIMITED
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

KYRIAKIDES, Alexander John
KYRIAKIDES, Helen
KYRIAKIDES, John
LEFTERI, George
PSILLOU, Antonio

Company Secretary

GILCHRISTS COMPANY SECRETARIAL SERVICES LIMITED

Registered Address

Lgr House
437 High Road
North Finchley
N12 0AP

Registered Number

02147539 (England and Wales)
LONDON GREEK RADIO LIMITED
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets312,23114,688
12,23114,688
Current assets
Debtors43326,693
Cash at bank and on hand11,33862,564
11,37189,257
Creditors amounts falling due within one year5(90,458)(159,718)
Net current assets (liabilities)(79,087)(70,461)
Total assets less current liabilities(66,856)(55,773)
Provisions for liabilities6(2,791)(2,791)
Net assets(69,647)(58,564)
Capital and reserves
Called up share capital735,900735,900
Share premium6,4406,440
Profit and loss account(811,987)(800,904)
Shareholders' funds(69,647)(58,564)
The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2025, and are signed on its behalf by:
PSILLOU, Antonio
Director
Registered Company No. 02147539
LONDON GREEK RADIO LIMITED
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242023
Average number of employees during the year54
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 October 23389,618937390,555
At 30 September 24389,618937390,555
Depreciation and impairment
At 01 October 23375,229638375,867
Charge for year2,1582992,457
At 30 September 24377,387937378,324
Net book value
At 30 September 2412,231-12,231
At 30 September 2314,38929914,688
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-13,758
Other debtors3312,935
Total3326,693
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables87619,181
Amounts owed to related parties83,95997,359
Taxation and social security4,0571,163
Other creditors1,56642,015
Total90,458159,718
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)2,7912,791
Total2,7912,791