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# SOUND BAY COMMUNITY DIGITAL CIC

## Company limited by guarantee

## Company Registration Number:
13612811 (England and Wales)

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

## Period of accounts

## Start date: 1 October 2024

## End date: 30 September 2025

# SOUND BAY COMMUNITY DIGITAL CIC

## Contents of the Financial Statements

for the Period Ended 30 September 2025

Balance sheet |
Additional notes |
Community Interest Report |

# SOUND BAY COMMUNITY DIGITAL CIC

## Balance sheet

As at 30 September 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: |  | 0 | 0
Tangible assets: |  | 0 | 0
Investments: |  | 0 | 0
Total fixed assets: |  | 0 | 0
Current assets
Stocks: |  | 0 | 0
Debtors: |  | 0 | 0
Cash at bank and in hand: |  | 0 | 0
Investments: |  | 0 | 0
Total current assets: |  | 0 | 0
Prepayments and accrued income: |  | 0 | 0
Creditors: amounts falling due within one year: |  | 0 | 0
Net current assets (liabilities): |  | 0 | 0
Total assets less current liabilities: |  | 0 | 0
Creditors: amounts falling due after more than one year: |  | 0 | 0
Provision for liabilities: |  | 0 | 0
Accruals and deferred income: |  | 0 | 0
Total net assets (liabilities): |  | 0 | 0
Members' funds
Profit and loss account: |  | 0 | 0
Total members' funds: |  | 0 | 0

The notes form part of these financial statements

# SOUND BAY COMMUNITY DIGITAL CIC

## Balance sheet statements

For the year ending 30 September 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 31 July 2026
and signed on behalf of the board by:

Name: Simon Wynne
Status: Director

The notes form part of these financial statements

# SOUND BAY COMMUNITY DIGITAL CIC

## Notes to the Financial Statements

for the Period Ended 30 September 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

# SOUND BAY COMMUNITY DIGITAL CIC

## Notes to the Financial Statements

for the Period Ended 30 September 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# COMMUNITY INTEREST ANNUAL REPORT

### SOUND BAY COMMUNITY DIGITAL CIC

### Company Number: 13612811 (England and Wales)

### Year Ending: 30 September 2025

Company activities and impact

The company is dormant and has not yet traded due to the impact of the cost-of-living crisis and its subsequent impact on the business and revenue model. The company was established to administer and operate Ofcom’s Llandudno and Betws-y-Coed digital radio small scale multiplex and facilitate community orientated broadcasters and small-scale local services. However, the significant increase in energy prices and the cost of operating the transmitters on two separate sites, with a subsequent increase in site rental and other associated overheads has meant that the project has paused. The partner company, proposing to supply the transmitter has experienced a significant upturn in costs both in relation to this project and their core business. Furthermore, the number of community radio services required to share the costs of operations has fallen from the initial expressions of interest at company launch and currently total operational costs outweigh the revenue available to sustain the service. It is the company’s intention to proceed when it is economically prudent to do so and when it can be determined with a high level of probability, that the participating community broadcasters have the means and resources to sustain their services during the contracted period of operation with Sound Bay Community Digital CIC. It is envisaged that that by facilitating the broadcasting of affordable community radio in the near future (and when economically viable once again), we will provide an important ‘social action’ platform for third sector and voluntary groups to improve the quality of life of local people and support the most vulnerable and isolated, for example. New services can provide a broader range of listening to everyone including under-served audiences/ communities of interest. This will endeavour to provide a platform for marginalised, often unheard voices and the increased promotion of the Welsh language and local culture. There has been no consultation with stakeholders due to the dormant status of the company.

Consultation with stakeholders

No consultation with stakeholders

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
17 August 2026

And signed on behalf of the board by:
Name: Simon Wynne
Status: Director