Stafford Radio Broadcasting Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08381517

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,005		3,561

			11,005		3,561
CURRENT ASSETS
Debtors	5	8,119		5,483
Cash at bank and in hand		609		3,648

		8,728		9,131
Creditors: Amounts Falling Due Within One Year	6	(20,128 )		(15,581 )

NET CURRENT ASSETS (LIABILITIES)			(11,400 )		(6,450 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(395 )		(2,889 )

NET LIABILITIES			(395 )		(2,889 )

RESERVES
Other reserves			11,140		-
Income and Expenditure Account			(11,535 )		(2,889 )

MEMBERS' FUNDS			(395)		(2,889)

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Stafford Radio Broadcasting Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr J Taylor-Walker

Director

19 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Stafford Radio Broadcasting Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08381517 . The registered office is 3-4 Lichfield Road, Stafford, Stafforshire, ST17 4JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Going Concern Disclosure

At the year end, the company is insolvent and reliant on the support of the director. The director has

indicated that he will not withdraw this support for the foreseeable future.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from advertising sales is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service is provided.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.5. Government Grant

Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.

All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

2.6. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Stafford Radio Broadcasting Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	34,314
Additions	11,813

As at 31 March 2025	46,127

Depreciation
As at 1 April 2024	30,753
Provided during the period	4,369

As at 31 March 2025	35,122

Net Book Value
As at 31 March 2025	11,005

As at 1 April 2024	3,561

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,682	3,372
Prepayments and accrued income	-	2,111
Other debtors	2,437	-

	8,119	5,483

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,447	2,180
VAT	4,146	2,107
Other creditors	-	4,083
Accruals and deferred income	5,395	7,024
Government grants within one year	140	187

	20,128	15,581

7. Other Commitments

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £16,275 (2024 - £nil).

8. Company limited by guarantee

The liability of each member is limited to £1, being the amount that each member undertakes to contribute to

the assets of the company in the event of it being wound up while he is a member or within one year after he

ceases to be a member for:

- payment of the company's debts and liabilities contracted before he ceases to be a member;

- payment of the costs, charges and expenses of winding up; and

- adjustment of the rights of the contributories among themselves.

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