for the Period Ended 31 October 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 October 2025
Directors
The directors shown below have held office during the whole of the period from
1 November 2024
to
31 October 2025
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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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Distribution costs: |
(
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(
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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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 | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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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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| Provision for liabilities: |
(
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(
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| Accruals and deferred income: |
(
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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 October 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 October 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 November 2024 |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 October 2025 |
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| Depreciation | ||||||
| At 1 November 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 October 2025 |
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| Net book value | ||||||
| At 31 October 2025 |
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| At 31 October 2024 |
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for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 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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for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 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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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. Platform B CIC operates two distinct radio services aimed at serving and engaging different age groups within the community. Platform B is Brighton & Hove's only youth-led radio station broadcasting on 105.5FM, DAB+ and online. The radio station collaborates with 100+ young volunteers each year and is dedicated to providing relevant and engaging content created by and for 16-24 year olds who are underserved by mainstream broadcasters. It reflects the multifaceted nature of the city, giving a voice to different cultural backgrounds, experiences and perspectives. Young participants gain essential skills in media production, communication and teamwork - providing experiences which open up new pathways to employment in the creative industries. The radio station works with charities, youth groups, colleges and the city’s Universities to enhance educational and vocational opportunities. It also plays a key role in championing local talent, regularly spotlighting emerging musicians, artists and cultural events across the city and maintains an open and inclusive volunteer recruitment process. Over the year, our online listener and social media reach was approximately 288,000, with around 100 volunteer DJs, Producers and guests taking part. Platform B also has a potential reach of 300,000 via broadcast FM & DAB digital radio. A second radio service, Slack City, aimed at those aged 25 and over, broadcasts on DAB+ in Brighton, Manchester, Norwich and Portsmouth to a combined potential audience of 1,900,000. Over the year, our online listener and social media reach was approximately 800,000. There is a team of 120+ volunteer producers, presenters, studio technicians and sound engineers actively involved in shaping and developing the service. Unlike traditional studio-based models, the station operates from public venues, bars and accessible locations, encouraging open participation and community engagement. Flagship programmes such as the ‘Slack City Social’ and ‘Radio Blah Blah’ in Brighton plus ‘The Sally Sessions’ in Manchester - live chat shows hosted in front of an audience - spark conversations around music, culture and technology, while offering networking opportunities for creatives. The radio station provides a platform for local artists, community organisers and residents to share their stories, music and ideas. It brings together people from diverse cultures and life experiences - fostering creative partnerships beyond broadcasting, while building confidence, transferable skills and meaningful opportunities for all involved.
Our main stakeholders are: Project Participants Volunteers Community Organisations Listeners/audience Project participants & volunteers are central to the station’s operations and their input directly shapes programming decisions, training formats and event planning. We consult community organisations through regular meetings, collaborative projects and partnership events to ensure our activities align with community needs. We engage with listeners through social media, on air activity and in-person events and pop-up radio broadcasts.
Directors' emoluments for the year amounted to £47,500, which includes a one-off redundancy payment of £20,000 made to a director during the period. Accordingly, the aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £27,500. There were no other transactions or arrangements relating to directors' remuneration or compensation for loss of office that require disclosure.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 July 2026
And signed on behalf of the board by:
Name: Natalie Spada
Status: Director