Social Action Radio Limited 03047935 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is support activities to performing arts. Digita Accounts Production Advanced 6.30.9574.0 true true 03047935 2024-07-01 2025-06-30 03047935 2025-06-30 03047935 bus:OrdinaryShareClass1 2025-06-30 03047935 core:CurrentFinancialInstruments 2025-06-30 03047935 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 03047935 core:FurnitureFittingsToolsEquipment 2025-06-30 03047935 bus:SmallEntities 2024-07-01 2025-06-30 03047935 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 03047935 bus:FilletedAccounts 2024-07-01 2025-06-30 03047935 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 03047935 bus:RegisteredOffice 2024-07-01 2025-06-30 03047935 bus:CompanySecretary1 2024-07-01 2025-06-30 03047935 bus:Director2 2024-07-01 2025-06-30 03047935 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 03047935 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03047935 bus:Agent1 2024-07-01 2025-06-30 03047935 core:FurnitureFittings 2024-07-01 2025-06-30 03047935 core:OtherRelatedParties 2024-07-01 2025-06-30 03047935 countries:EnglandWales 2024-07-01 2025-06-30 03047935 2024-06-30 03047935 core:FurnitureFittingsToolsEquipment 2024-06-30 03047935 2023-07-01 2024-06-30 03047935 2024-06-30 03047935 bus:OrdinaryShareClass1 2024-06-30 03047935 core:CurrentFinancialInstruments 2024-06-30 03047935 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03047935

Social Action Radio Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Social Action Radio Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Social Action Radio Limited

Company Information

Director | Anthony Kendall

Company secretary | Joan Kendall

Registered office | 9 Hare & Billet Road Blackheath SE3 0RB

Accountants | Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

Social Action Radio Limited

(Registration number: 03047935)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 1,031 | 12,666
Creditors: Amounts falling due within one year | 6 | (63,659) | (56,931)
Net liabilities |  | (62,628) | (44,265)
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | (62,630) | (44,267)
Shareholders' deficit |  | (62,628) | (44,265)

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.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 January 2026

......................................... Anthony Kendall Director

Social Action Radio Limited

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:
9 Hare & Billet Road
Blackheath
SE3 0RB

These financial statements were authorised for issue by the director on 22 January 2026.

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).

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, which assumes that the company will be able to meet its debts as they fall due. However, at the year end the company has net liabilities of £62,628 (2024: £44,265). The director belives it is appropriate to prepare the financial statements on a going concern basis, as he has guaranteed the company's bank facility, and has also agreed to support the company for the foreseeable future.

Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that period, or in the period of the revision and future periods where the revisions affects both current and future periods.

Social Action Radio Limited

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

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.

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
Fixtures and fittings | 25% per annum of cost

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.

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.

Social Action Radio Limited

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

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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 2,805 | 2,805
At 30 June 2025 | 2,805 | 2,805
Depreciation
At 1 July 2024 | 2,805 | 2,805
At 30 June 2025 | 2,805 | 2,805
Carrying amount
At 30 June 2025 | - | -

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | - | 12,180
Other debtors | 1,031 | 486
| 1,031 | 12,666

Social Action Radio Limited

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

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 65 | 44
Amounts due to related parties | 9 | 62,191 | 54,417
Social security and other taxes |  | - | 1,580
Accruals |  | 1,403 | 890
|  | 63,659 | 56,931

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | 65 | 44

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

9 | Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 7,570 | 4,000

Social Action Radio Limited

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

Summary of transactions with other related parties

Anthony Kendall
(Director) During the year the director paid £1,005 (2024: £4,505) expenses personally and advanced money to the company of £10,804 (2024: £7,586). At the balance sheet date the amount owed to Anthony Kendall was £62,191 (2024: £54,417).