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# DRIFT RADIO C.I.C.

## Company limited by guarantee

## Company Registration Number:
15798929 (England and Wales)

## Unaudited statutory accounts for the year ended 30 June 2025

## Period of accounts

## Start date: 24 June 2024

## End date: 30 June 2025

# DRIFT RADIO C.I.C.

## Contents of the Financial Statements

for the Period Ended 30 June 2025

Balance sheet |
Additional notes |
Community Interest Report |

# DRIFT RADIO C.I.C.

## Balance sheet

As at 30 June 2025

| Notes | 2025
--- | --- | ---
|  | £
Current assets
Cash at bank and in hand: |  | 1,219 |
Total current assets: |  | 1,219
Prepayments and accrued income: |  | 539 |
Net current assets (liabilities): |  | 1,758
Total assets less current liabilities: |  | 1,758
Total net assets (liabilities): |  | 1,758
Members' funds
Profit and loss account: |  | 1,758 |
Total members' funds: |  | 1,758

The notes form part of these financial statements

# DRIFT RADIO C.I.C.

## Balance sheet statements

For the year ending 30 June 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 11 March 2026
and signed on behalf of the board by:

Name: Kevin Allen Wright
Status: Director

The notes form part of these financial statements

# DRIFT RADIO C.I.C.

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 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

# DRIFT RADIO C.I.C.

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 2. Employees

  | 2025
  --- | ---
  Average number of employees during the period | 0 |

# COMMUNITY INTEREST ANNUAL REPORT

### DRIFT RADIO C.I.C.

### Company Number: 15798929 (England and Wales)

### Year Ending: 30 June 2025

Company activities and impact

In Drift Radio's first year as a CIC the company has successfully established a creative and inclusive platform for emerging DJs, producers, and local presenters, allowing them to showcase their work, develop broadcasting skills, and gain hands-on experience in radio production, event organisation, and media. By promoting underground and niche electronic music, the station gives exposure to genres and artists often overlooked by mainstream media, while building a connected music community where listeners, performers, and industry professionals can engage through interactive shows and live events. Volunteers have benefited from social gatherings, involvement in station engineering, and pathways into creative careers, all within a supportive environment that encourages diversity, digital skills, and social inclusion. The station supports local nightlife, bars, festivals, and independent businesses, boosting engagement, tourism, and the local music scene, while providing a safe, accessible space for people of all ages to participate, enjoy music, and find a sense of belonging. One young DJ in particular is thriving after receiving support, and now works as a DJ performing at festivals and other events. Drift Radio aims to continue growing and strengthening our community while providing meaningful opportunities for volunteers and listeners. We plan to host social gatherings such as open-deck nights and perform at festivals, bars, and nightclubs to connect people through music and live events. Volunteers will play a central role in developing and maintaining the systems needed to produce high-quality radio shows and reach new audiences. We aim to expand our digital presence, including running a DAB digital radio broadcast to increase brand visibility and broaden access to our content across North Wales. Community engagement will remain a priority, with planned events in local hot-spots to bring the station directly to people and create memorable experiences. Internally, we will continue to strengthen our broadcast operations and logistics, develop new training methods and tools to upskill volunteers, and explore potential revenue models. These initiatives are designed to improve the station’s capabilities, provide volunteers with valuable skills, enrich the local music scene, and deliver lasting benefits for the wider community.

Consultation with stakeholders

Over the past year, Drift Radio has actively engaged with a wide range of stakeholders to ensure our activities meet the needs of our community and support the local music scene. We regularly consult with volunteers, DJs, presenters, and course participants to gather feedback on training, broadcasting, and event opportunities. Listener input is encouraged through interactive shows, social media engagement, and direct communication, helping us shape our programming and community activities. We also work closely with local venues, festivals, and independent businesses to support events, promote local talent, and build partnerships that support and develop the North Wales electronic music community. Communication with both existing and potential stakeholders is supported through our social media channels and our website, which we keep regularly updated and continue to develop to improve accessibility and engagement. These platforms allow us to share opportunities, gather feedback, and keep our community informed about station activities. Through these ongoing conversations and collaborations, stakeholder feedback plays an important role in shaping Drift Radio’s development, helping us remain responsive, inclusive, and beneficial to the communities we serve.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 March 2026

And signed on behalf of the board by:
Name: Kevin Allen Wright
Status: Director