POSITIVE MEDIA COMPANY CIC

Company limited by guarantee

Company Registration Number:
13022984 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

POSITIVE MEDIA COMPANY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

POSITIVE MEDIA COMPANY CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

T Lowalik
A J Peacock
L J Wade


The director shown below has held office during the period of
1 December 2023 to 1 April 2024

G M Machin


Secretary L H Wade

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 August 2025

And signed on behalf of the board by:
Name: L H Wade
Status: Secretary

POSITIVE MEDIA COMPANY CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 7,735 10,011
Cost of sales: ( 2,528 ) ( 2,951 )
Gross profit(or loss): 5,207 7,060
Distribution costs: 0 0
Administrative expenses: ( 7,414 ) ( 7,212 )
Operating profit(or loss): (2,207) (152)
Profit(or loss) before tax: (2,207) (152)
Profit(or loss) for the financial year: (2,207) (152)

POSITIVE MEDIA COMPANY CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,089 2,185
Total fixed assets: 2,089 2,185
Current assets
Debtors: 4 503 600
Cash at bank and in hand: 55 103
Total current assets: 558 703
Creditors: amounts falling due within one year: 5 ( 2,241 ) ( 275 )
Net current assets (liabilities): (1,683) 428
Total assets less current liabilities: 406 2,613
Total net assets (liabilities): 406 2,613
Members' funds
Profit and loss account: 406 2,613
Total members' funds: 406 2,613

The notes form part of these financial statements

POSITIVE MEDIA COMPANY CIC

Balance sheet statements

For the year ending 30 November 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 August 2025
and signed on behalf of the board by:

Name: A J Peacock
Status: Director

The notes form part of these financial statements

POSITIVE MEDIA COMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 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, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at 25% per annum on a reducing balance basis.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date

POSITIVE MEDIA COMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

POSITIVE MEDIA COMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 3,805 3,805
Additions 599 599
Disposals
Revaluations
Transfers
At 30 November 2024 4,404 4,404
Depreciation
At 1 December 2023 1,620 1,620
Charge for year 695 695
On disposals
Other adjustments
At 30 November 2024 2,315 2,315
Net book value
At 30 November 2024 2,089 2,089
At 30 November 2023 2,185 2,185

POSITIVE MEDIA COMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 390 600
Prepayments and accrued income 113
Total 503 600

POSITIVE MEDIA COMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 275 275
Other creditors 1,966
Total 2,241 275

COMMUNITY INTEREST ANNUAL REPORT

POSITIVE MEDIA COMPANY CIC

Company Number: 13022984 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

We offer a variety of podcasting services to community organisations, including youth groups and charitable bodies. Our work encompasses delivering comprehensive podcasting programmes that include both hands-on training and supporting educational activities. Additionally, we produce podcasts on behalf of individuals and organisations who wish to participate in podcasting, regardless of prior experience. Our service particularly aims to provide access to podcasting facilities and a professional media environment for community members who would not typically have such opportunities. By doing so, we seek to broaden participation and develop new skills within groups who may otherwise be excluded from this form of digital media.

Consultation with stakeholders

Our stakeholders include participants, local organisations, and community groups who use our services. We ask everyone who takes part in our podcasting experiences to complete a short questionnaire about their time with us. This feedback helps us to understand the needs and preferences of our local community, enabling us to adapt our sessions and facilities so we can serve our stakeholders more effectively.

Directors' remuneration

During the year ended 30 November 2024, some directors received payments totalling £910 for occasional work undertaken as self-employed contractors. These payments are not shown as director remuneration in the financial statements. No other remuneration was paid to the directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 August 2025

And signed on behalf of the board by:
Name: A Peacock
Status: Director