BOLD PLACE C.I.C.

Company Registration Number:
12976855 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

BOLD PLACE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

BOLD PLACE C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 30,217 0
Cost of sales: ( 732 )
Gross profit(or loss): 29,485 0
Administrative expenses: ( 30,729 )
Operating profit(or loss): (1,244) 0
Profit(or loss) before tax: (1,244) 0
Profit(or loss) for the financial year: (1,244) 0

BOLD PLACE C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 203 0
Total fixed assets: 203 0
Current assets
Cash at bank and in hand: 1,805 3,103
Total current assets: 1,805 3,103
Creditors: amounts falling due within one year: 4 ( 315 ) ( 166 )
Net current assets (liabilities): 1,490 2,937
Total assets less current liabilities: 1,693 2,937
Total net assets (liabilities): 1,693 2,937
Capital and reserves
Called up share capital: 1 1
Other reserves: 2,936
Profit and loss account: 1,692
Total Shareholders' funds: 1,693 2,937

The notes form part of these financial statements

BOLD PLACE C.I.C.

Balance sheet statements

For the year ending 31 October 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 16 July 2025
and signed on behalf of the board by:

Name: Cherie Louise Grist Renshaw
Status: Director

The notes form part of these financial statements

BOLD PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

BOLD PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

BOLD PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 0 0
Additions 203 203
Disposals
Revaluations
Transfers
At 31 October 2024 203 203
Depreciation
At 1 November 2023
Charge for year
On disposals
Other adjustments
At 31 October 2024
Net book value
At 31 October 2024 203 203
At 31 October 2023 0 0

BOLD PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 315
Taxation and social security 166
Total 315 166

COMMUNITY INTEREST ANNUAL REPORT

BOLD PLACE C.I.C.

Company Number: 12976855 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Bold Place is our vision of what a creative business space should be: welcoming and inclusive, focused on empowering women creatives, and providing a space for exploration and escape in a society where such opportunities are few and far between. Located at the top of Bold Street, next to St Luke’s ‘Bombed Out’ Church, Bold Place consists of eight unique, bright and airy Wi-Fi-supported workspaces with views over the church and our developing garden, a communal workshop and activity space, bathrooms, and a kitchen. Our multi-purpose community workshop space is designed to host workshops, talks, and networking events for the female community in Liverpool. Our aim is to support women's mental health and wellbeing by encouraging self-expression through creativity. By leveraging the skills of resident creatives and external practitioners, we seek to promote the Arts as a valuable career path and to support both current and future creatives from all backgrounds.

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
16 July 2025

And signed on behalf of the board by:
Name: Cherie Louise Grist Renshaw
Status: Director