BRAVE BISCUIT STUDIOS C.I.C.

Company limited by guarantee

Company Registration Number:
12606139 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

BRAVE BISCUIT STUDIOS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

BRAVE BISCUIT STUDIOS C.I.C.

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Jennie Rawling


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
7 January 2025

And signed on behalf of the board by:
Name: Jennie Rawling
Status: Director

BRAVE BISCUIT STUDIOS C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 580 31,687
Cost of sales: ( 150 ) ( 28,846 )
Gross profit(or loss): 430 2,841
Administrative expenses: ( 1,300 ) ( 4,261 )
Operating profit(or loss): (870) (1,420)
Profit(or loss) before tax: (870) (1,420)
Profit(or loss) for the financial year: (870) (1,420)

BRAVE BISCUIT STUDIOS C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 680 1,020
Total fixed assets: 680 1,020
Current assets
Cash at bank and in hand: 396 6
Total current assets: 396 6
Creditors: amounts falling due within one year: 4 ( 2,865 ) ( 1,945 )
Net current assets (liabilities): (2,469) (1,939)
Total assets less current liabilities: (1,789) ( 919)
Total net assets (liabilities): (1,789) (919)
Members' funds
Profit and loss account: (1,789) ( 919)
Total members' funds: ( 1,789) (919)

The notes form part of these financial statements

BRAVE BISCUIT STUDIOS C.I.C.

Balance sheet statements

For the year ending 31 May 2024 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 7 January 2025
and signed on behalf of the board by:

Name: Jennie Rawling
Status: Director

The notes form part of these financial statements

BRAVE BISCUIT STUDIOS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

BRAVE BISCUIT STUDIOS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

BRAVE BISCUIT STUDIOS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 1,700 1,700
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 1,700 1,700
Depreciation
At 1 June 2023 680 680
Charge for year 340 340
On disposals
Other adjustments
At 31 May 2024 1,020 1,020
Net book value
At 31 May 2024 680 680
At 31 May 2023 1,020 1,020

BRAVE BISCUIT STUDIOS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 2,865 1,945
Total 2,865 1,945

COMMUNITY INTEREST ANNUAL REPORT

BRAVE BISCUIT STUDIOS C.I.C.

Company Number: 12606139 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

In the 2023-24 financial year, the company’s activities were significantly reduced due to the sole Director of the company having a baby and going on maternity leave (taking self-employed Maternity Allowance). During this period the company did run one public workshop – a family puppet-making workshop at Rock Oyster Festival in Cornwall, where participants were shown how to reuse household packaging items readily available at home to make simple seagull puppets. This workshop benefited the community by teaching them creative skills they could use at home, and showing families low-cost ways of getting creative together. The company also provided puppetry direction for Cornwall-based Illyria theatre company’s touring production of Doctor DoLittle, helping to maintain a high standard of the craft for the show’s audiences in Cornwall and beyond.

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
6 January 2025

And signed on behalf of the board by:
Name: Jennie Rawling
Status: Director