Registration number: 13444782

Rewind Radio Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Rewind Radio Ltd

Company Information

Directors

Mr Richard Gregory James Woods Mr Christopher David Williams

Registered office

Suite 1A (F) Gateway Business Park Wilson Way Redruth Cornwall TR15 3RQ

Accountants

GW&Co. Ltd Chartered Certified AccountantsWaterside Court Falmouth Road Penryn United Kingdom TR10 8AW

Rewind Radio Ltd

(Registration number: 13444782)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	40,731	53,826
Current assets
Debtors	5	33,713	52,053
Cash at bank and in hand		69,735	33,555
		103,448	85,608
Creditors: Amounts falling due within one year	6	(92,813)	(77,984)
Net current assets		10,635	7,624
Total assets less current liabilities		51,366	61,450
Creditors: Amounts falling due after more than one year	6	(72,997)	(46,396)
Net (liabilities)/assets		(21,631)	15,054
Capital and reserves
Called up share capital	7	1,000	1,000
Share premium reserve		49,800	49,800
Retained earnings		(72,431)	(35,746)
Shareholders' (deficit)/funds		(21,631)	15,054

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 October 2025 and signed on its behalf by:
 

......................................... Mr Richard Gregory James Woods Director

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 1A (F) Gateway Business Park
Wilson Way
Redruth
Cornwall
TR15 3RQ
England

These financial statements were authorised for issue by the Board on 7 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern
The Financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% straight line method
Computer Equipment	25% straight line method
Motor Vehicles	20% straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 13).

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2024	7,560	19,993	55,948	83,501
Additions	3,698	3,310	3,000	10,008
Disposals	(996)	-	(3,000)	(3,996)
At 30 June 2025	10,262	23,303	55,948	89,513
Depreciation
At 1 July 2024	3,465	11,620	14,590	29,675
Charge for the year	2,632	5,851	11,189	19,672
Eliminated on disposal	(565)	-	-	(565)
At 30 June 2025	5,532	17,471	25,779	48,782
Carrying amount
At 30 June 2025	4,730	5,832	30,169	40,731
At 30 June 2024	4,087	8,381	41,358	53,826

5

Debtors

Current	2025 £	2024 £
Trade debtors	27,706	46,083
Prepayments	2,673	5,970
Other debtors	3,334	-
	33,713	52,053

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	42,619	19,362
Trade creditors		4,923	6,019
Taxation and social security		30,850	33,796
Accruals and deferred income		13,210	-
Other creditors		1,211	18,807
		92,813	77,984

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	72,997	46,396

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	24,936	29,235
Other borrowings	48,061	17,161
	72,997	46,396

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	776	-
Hire purchase contracts	8,491	11,136
Other borrowings	33,352	8,226
	42,619	19,362

9

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £1.163) per ordinary share		-		1,163

Rewind Radio Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

10	Related party transactions

As at 30 June 2025 the director owed the company £3,205 (2024 : the company owed the director £289), this will be repaid within 9 months of the year end.