for the Period Ended 31 August 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
( |
( |
| Distribution costs: |
(
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(
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| Administrative expenses: |
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(
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| Other operating income: |
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| Operating profit(or loss): |
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( |
| Interest payable and similar charges: |
(
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(
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| Profit(or loss) before tax: |
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| Tax: |
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(
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: | 3 |
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| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
(
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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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( |
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| Creditors: amounts falling due after more than one year: | 7 |
(
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(
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| Provision for liabilities: |
(
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(
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| Total net assets (liabilities): |
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( |
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| Members' funds | |||
| Profit and loss account: |
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( |
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| Total members' funds: |
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( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 August 2024
| Goodwill | Other | Total | |
|---|---|---|---|
| Cost | £ | £ | £ |
| At 1 September 2023 |
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| Disposals | |||
| Revaluations | |||
| Transfers | |||
| At 31 August 2024 |
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| Amortisation | |||
| At 1 September 2023 |
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| Charge for year |
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| On disposals | |||
| Other adjustments | |||
| At 31 August 2024 |
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| Net book value | |||
| At 31 August 2024 |
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| At 31 August 2023 |
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for the Period Ended 31 August 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2023 |
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| Disposals | ||||||
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| At 31 August 2024 |
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| Depreciation | ||||||
| At 1 September 2023 |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 August 2024 |
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| At 31 August 2024 |
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| At 31 August 2023 |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income |
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| Total |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Taxation and social security |
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| Accruals and deferred income |
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| Total |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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As a collective of circus artists and friends of the circus arts, run by co-artistic directors Toffy Paulweber & Jared Shanks, our ambition is to tell meaningful stories through uplifting and silly circus arts, with plans to tour our shows internationally and eventually build a headquarters for like-minded artists and performers to be able to train and create their own work. During this year, our community ambitions were focused on the continued touring of our first show, "Lucky Pigeons." as well as the development and creation of two other shows in Lift Up and Circus Enchante We managed to perform Lucky Pigeons and Circus Enchante all over the UK, most importantly in communities outside of major city centres which might otherwise not have access to contemporary circus performance. We have also put on and run scratch nights at various venues and as part of circus days at the fringe run for a local council. These scratch nights are low stakes oppurtunities for emerging and existing artists to perform new work in front of an audience. We hope that these can become regular occurrences to create an environment where the production of new and innovative work is easy and accessible to all artists in the field. While our initial impact on the community may have been modest, we believe that by establishing the company and creating "Lucky Pigeons," we have laid the groundwork for a more significant and lasting impact in the years to come. We continue to find and develop new and better ways of working closer with the communities we perform in. As we continue to tour and expand our reach, we hope to inspire and engage with communities both locally and globally, spreading the joy and wonder of circus arts and fostering connections among artists and audiences alike.
The stakeholders of BrainFools, the circus company, include a range of individuals and groups who are directly or indirectly involved in the company's activities. Key stakeholders include The collective of 10 circus artists and friends of the circus arts who form the core of BrainFools 1 Emerging artists who have contributed to shaping the company's vision and direction 2 Suppliers of materials and equipment necessary for the performances 3 Touring partners who assist with organizing and promoting the company's shows 4 Local art communities in Hackney Wick or Fish Island and audience members who attend the performances 5 Venues which has provided performance and rehearsal space, such as Hoxton Hall and Jacksons Lane BrainFools has actively engaged with its main stakeholders, the group of emerging artists, who have played a crucial role in building and shaping the companys vision. This engagement has been achieved through regular meetings, residencies, workshops, and collaborative sessions, where artists have the opportunity to share their ideas, provide feedback, and contribute to the development of the company's shows and overall direction. As a result of these consultations, BrainFools has been able to create thought-provoking tales that align with their ambitions of uplifting and engaging audiences through circus arts. In addition to the main group of stakeholders, BrainFools is committed to maintaining open lines of communication with all stakeholders to ensure their concerns and feedback are taken into account. This ongoing consultation process allows the company to adapt and refine its activities to better meet the needs and expectations of its stakeholders. Through this stakeholder engagement, BrainFools has been able to create a strong foundation for its future growth, with plans to tour internationally and build a headquarters for like-minded artists and performers. By actively involving stakeholders in the company's decision-making processes, BrainFools demonstrates its commitment to transparency, collaboration, and continuous improvement.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
2 April 2025
And signed on behalf of the board by:
Name: C Paulweber
Status: Director