BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10708381 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Gillian Simmons
Paul Lawless


The director shown below has held office during the period of
1 May 2023 to 21 June 2023

Katie Chalk


The director shown below has held office during the period of
21 June 2023 to 30 April 2024

Ruth Hill


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
27 January 2025

And signed on behalf of the board by:
Name: Paul Lawless
Status: Director

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 65,376 50,289
Cost of sales: ( 47,681 ) ( 57,737 )
Gross profit(or loss): 17,695 (7,448)
Distribution costs: ( 1,082 ) ( 1,200 )
Administrative expenses: ( 13,984 ) ( 15,345 )
Other operating income: 0 725
Operating profit(or loss): 2,629 (23,268)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,629 (23,268)
Tax: 0 0
Profit(or loss) for the financial year: 2,629 (23,268)

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 838 4,456
Investments:   0 0
Total fixed assets: 838 4,456
Current assets
Stocks:   0 0
Debtors: 4 478 4,408
Cash at bank and in hand: 8,169 18,563
Investments:   0 0
Total current assets: 8,647 22,971
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,912 ) ( 23,482 )
Net current assets (liabilities): 5,735 (511)
Total assets less current liabilities: 6,573 3,945
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): 6,573 3,945
Members' funds
Profit and loss account: 6,573 3,945
Total members' funds: 6,573 3,945

The notes form part of these financial statements

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 April 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 25 January 2025
and signed on behalf of the board by:

Name: Paul Lawless
Status: Director

The notes form part of these financial statements

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 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

    Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: plant and machinery - 4 years straight line; vehicles - 4 years straight line; office equipment - 3 years straight line.

    Other accounting policies

    Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 4,350 8,632 840 13,822
Additions 0 0 0 0
Disposals
Revaluations
Transfers
At 30 April 2024 4,350 8,632 840 13,822
Depreciation
At 1 May 2023 2,844 6,312 210 9,366
Charge for year 1,088 2,320 210 3,618
On disposals
Other adjustments
At 30 April 2024 3,932 8,632 420 12,984
Net book value
At 30 April 2024 418 0 420 838
At 30 April 2023 1,506 2,320 630 4,456

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 382 4,008
Prepayments and accrued income 0 400
Other debtors 96 0
Total 478 4,408
Debtors due after more than one year: 0 0

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 2,912 23,482
Total 2,912 23,482

COMMUNITY INTEREST ANNUAL REPORT

BRAVE BOLD DRAMA COMMUNITY INTEREST COMPANY

Company Number: 10708381 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

We toured our playable family theatre show The Munch Mission! giving 18 performances between May-August 2023. 2 of these performances were free of charge and happened in wards experiencing high levels of deprivation in Wiltshire and south Wales. We toured our playable family theatre show The Midnight Mission! giving 8 performances between Oct -Nov 2023. One of these was free of charge and presented in a library in south Wales in an area experiencing high levels of deprivation. We presented our science / theatre installation The Discovery Lab twice during the reporting period, both at large community events that were entirely free of charge in Bristol and Dorchester. This was the same for our Halloween sketch The Pumpkins which we performed free of charge at a community event in Hartcliffe (BS13) and in Dorchester. Bristol City Council and the West of England Combined Authority commissioned us to co-create a free sound walk with community members in Stockwood, south Bristol (BS14) an area experiencing deprivation and semi-rural isolation. We provided 13 free public access events and engaged 664 direct participants with this commission. The sound walk remains totally free to access for anyone. We ran a free family arts day in Hartcliffe (BS13) in May 2023, engaging 50 direct participants in performances of circus and arts and crafts. We ran a Bronze Arts Award free of charge at Bridge Learning Campus (BS13), working with young people aged 15-16. They performed at the Bristol Improv Theatre and all gained their qualification from Trinity College London in May 2023. We returned to the school in Feb - May 2024 to run a Discover Level arts award course, again free of charge. Young people on this course aged between 11-15 performed at the Bristol Old Vic and all are set to gain their qualification. We provided 2 free Company of International Artists workshops at Bristol Museum and Art Gallery during this time, and also at a free community event in Corby, at a primary school in Filton (BS7) and at a free community event at Filton Library (BS7). We provided 10 free guided sound walks for community members in Bristol between Oct - Dec 2023.

Consultation with stakeholders

Company directors Gillian Simmons, Paul Lawless remained with the company for the duration of this reporting period. Director Katie Chalk resigned in June 2023 and was replaced with Ruth Hill. We met on a weekly basis with at least 2 directors present, and on a monthly basis with all 3 directors, to plan company activity, discuss new ideas for how to reach other vulnerable groups in the immediate area of Hartcliffe and Withywood and to share knowledge about new contacts we may have made through individual networking. We received feedback and suggestions from the community during this period through word of mouth, from people attending events we were running, and through social media feedback.

Directors' remuneration

Katie Chalk received no remuneration during this period. Gillian Simmons and Paul Lawless, received monthly remuneration from grants secured by the company to facilitate creative activities or give performances, and Ruth Hill received one payment from a National Lottery Million Hours grant awarded to the company in August 2023. All payments were paid in a freelance capacity, with directors invoicing the company only when there were grants secured by the company when these grants included freelance artist fees for those directors to deliver that activity.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 June 2024

And signed on behalf of the board by:
Name: Gillian Simmons
Status: Director