for the Period Ended 31 March 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2025
Principal activities of the company
Additional information
Statement of directors' responsibilities The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the situation of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: 1. select suitable accounting policies and then apply them consistently 2. make judgements and accounting estimates that are reasonable and prudent 3. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and 4. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.
Directors
The director shown below has held office during the whole of the period from
1 April 2024
to
31 March 2025
Secretary
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
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£ |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 6 |
(
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(
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| Total net assets (liabilities): |
( |
( |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
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| Total members' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| At 1 April 2024 |
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| On disposals | ||||||
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| At 31 March 2025 |
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| Net book value | ||||||
| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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| Debtors due after more than one year: |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Other creditors |
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| Total |
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for the Period Ended 31 March 2025
FMB CIC (trading as FMB Radio or FMB) is a social enterprise, registered as company limited by guarantee without share capital, a Community Interest Company (CIC), incorporated in England and Wales on 18 April 2019. The core purpose is digital media recording, publishing, reproduction, and dissemination mainly in the form of community conversations, online radio broadcasting podcasts and virtual audio and video contents. We exist to address the gaps in digital media and authentic voices for the underrepresented communities. We completed existing local and regional media services. Our mission is to build on Nottingham’s history of culture, creativity, innovation and a UNESCO City of Literature in establishing a sustainable safe space for minority communities to air their voices, and ideas through audio, video and digital contents thereby amplifying their authentic voices and challenging existing policies and perspectives in a constructive manner. We offered individuals and organisations an opportunity to share their stories, experiences, and views through FMB online radio. We worked with local communities, especially those from New and Emerging communities in creating programs, with a unique and powerful mix of reporting, personal and organisational stories, experiences. views, and perceptions. This was in the form of audio products on the radio (live and recorded), stories, questions and answers, and interviews which captured and broadcasted authentic voices. We offered an extensive variety of music, especially when no programs were being broadcasted or through music programmes and discussion broadcasts. The Radio and website show cased talent and shared authentic voices thereby creating a sense of social identity and pride among our target communities. It also acted as a two-way conduit for the exchange of information and ideas among the targeted communities. Our work was focused on dynamic and productive partnerships and collaborative working with local groups, thereby enabling them to meet their social objectives. Working jointly with other partners, we offered some accredited and unaccredited courses such as radio broadcasting, radio presentation, community journalism, confidence building, solution journalism, podcasting, community conversation leadership, and digital storytelling, among others. These courses were a i m e d a t enabling learners to engage better with F M B products and services while also gaining skills, qualifications, and confidence to become active members of their communities.
FMB Radio's stakeholders are all members of the local community i.e. those who live, work, are being educated or trained in the Nottingham area, or who share their interests. Our ethos has always been to attract the participation and involvement of everyone locally. We work almost entirely on a consensus basis while encouraging people to take responsibility and initiate their own ideas. This approach to community engagement is underpinned by our formal structures and working approach. We also held more informal community meetings which were a chance for ideas to be shared.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
27 November 2025
And signed on behalf of the board by:
Name: FAAL, Pa Modou
Status: Director