BARE PRODUCTIONS CIC

Company limited by guarantee

Company Registration Number:
SC634703 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

BARE PRODUCTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BARE PRODUCTIONS CIC

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 42,223 46,751
Cost of sales: ( 36,106 ) ( 40,545 )
Gross profit(or loss): 6,117 6,206
Administrative expenses: ( 9,242 ) ( 4,117 )
Operating profit(or loss): (3,125) 2,089
Profit(or loss) before tax: (3,125) 2,089
Tax: 397 ( 397 )
Profit(or loss) for the financial year: (2,728) 1,692

BARE PRODUCTIONS CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 397
Cash at bank and in hand: 2,341 8,712
Total current assets: 2,738 8,712
Creditors: amounts falling due within one year: 4 ( 3,409 ) ( 6,655 )
Net current assets (liabilities): (671) 2,057
Total assets less current liabilities: (671) 2,057
Total net assets (liabilities): (671) 2,057
Members' funds
Profit and loss account: (671) 2,057
Total members' funds: ( 671) 2,057

The notes form part of these financial statements

BARE PRODUCTIONS CIC

Balance sheet statements

For the year ending 31 July 2023 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.

This report was approved by the board of directors on 25 November 2023
and signed on behalf of the board by:

Name: Dominic Lewis
Status: Director

The notes form part of these financial statements

BARE PRODUCTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 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

    Turnover policy

    Turnover represents income from the provision of goods and services falling within the company's ordinary activities namely ticket sales from show production, events or workshops/classes and grants or donations supporting those activities.Income is recognised when the company is entitled to the funds, any conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.Where the grantor or donor has specified that the grant or donation is to be spent for a particular period, the portion which relates to a future period is treated as deferred income and included in creditors.

    Other accounting policies

    Going ConcernThe financial statements have been prepared on a going concern basis. The director has assessed the company’s ability to continue as a going concern and he has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore he continues to adopt the going concern basis of accounting in preparing the financial statements.

BARE PRODUCTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

BARE PRODUCTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Debtors

2023 2022
£ £
Other debtors 397
Total 397

BARE PRODUCTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 397
Accruals and deferred income 3,409 6,258
Total 3,409 6,655

COMMUNITY INTEREST ANNUAL REPORT

BARE PRODUCTIONS CIC

Company Number: SC634703 (Scotland)

Year Ending: 31 July 2023

Company activities and impact

Bare Towards Better – Bare Productions continued with our online resources to better educate the public. This included highlighting issues on LGBT+ and building a round table to discuss important issues facing actors from marginalized backgrounds. The public were able to access this and learn about minority groups. We acted as a platform to amplify the voices of those often unheard. This was further enhanced by us adding a new EDI officer to the board and beginning to work with groups such as Staged Trust and Waverly Care. Bare Productions – This year we were able to grow to three productions. This included RENT which was a musical set against the backdrop of the AIDS pandemic in the 1990s. We worked very closely with Waverly Care, an Edinburgh-based charity whose mission is to end the stigma around AIDS and HIV. They were able to help us shape the blocking and give real-life workshops with those living with HIV and also those who are needle-users to inform the more harrowing scenes in the musical. We managed to do a second Fringe production – Little Women which was entirely run by female-presenting creatives. The musical explored the well-known novel and was a resounding success at Edinburgh Fringe. We also cultivated new writing working with two Edinburgh-based writers. This new musical was called “No Spray, No Lay” and focusses on the female experience on a night out set in the ladies’ bathroom. Again, this was received positively and allowed for new creative theatre to be developed.

Consultation with stakeholders

Our stakeholders are 40 cast members of RENT, Little Women and No Spray, No Lay, 14 performers at outreach events such as fundraisers for Waverly Care, owners of Paradise Green where the production took place.With regards to our customers, cast members and instructors we regularly conduct both anonymous feedback surveys using SurveyMonkey as well as open-forum video calls where stakeholders can feedback on their experiences and can drive change for the future. From this we are continuing work with the community, fostering new relationships with other charities and continuing to have wider social impact.We have continued to hold polls on social media to steer the company. This has included taking suggestions of what our 2024 productions should be as well as ideas for new initiatives.We regularly have phone calls and meetings with our venues to ensure we maintain excellent relationships and that we both serve the community in the best way we can.

Directors' remuneration

The director received £500 (2022: £400) for services provided as Creative Director for “Kinky Boots”.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 November 2023

And signed on behalf of the board by:
Name: Dominic Lewis
Status: Director