true
Radio Plymouth Limited
04808638
2015-12-31
-581161
-628218
-96161
-143218
485000
485000
-96161
-143218
140165
138526
44004
-4692
19359
-26174
60608
90389
79967
64215
67348
63961
12619
254
24645
21482
24645
21482
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinery
reducing balance
0.3000
Fixtures & Fittings
reducing balance
0.3000
Motor Vehicles
reducing balance
0.2500
Leasehold Property
reducing balance
0.3000
Studios
reducing balance
0.3000
140426
127997
12429
115781
106515
9266
140426
127997
12429
115781
106515
9266
Ordinary
1
385000
385000
385000
Ordinary A
0.322435
100000
100000
310140
During the year share options were granted to the managing and sales directors in relation to 5,000 ordinary shares each. The exercise price of the option is £1 per ordinary share and they can only be exercised between 3 and 10 years from the date they were granted. The share options can be activated by a change of control within 3 years from the date they were granted.
Options are forfeited if the director leaves the company before the options vest.
2016-04-06
Mr P A J Hussell
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Radio Plymouth Limited
2015-01-01
2015-12-31
Radio Plymouth Limited
2014-01-01
2014-12-31
Radio Plymouth Limited
2013-12-31
Radio Plymouth Limited
2014-12-31
Radio Plymouth Limited
2014-12-31
Radio Plymouth Limited
2015-12-31
2016-04-28