BARE BRANDING C.I.C.

Company limited by guarantee

Company Registration Number:
SC610320 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

BARE BRANDING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BARE BRANDING C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 2,401 3,664
Total fixed assets: 2,401 3,664
Current assets
Cash at bank and in hand: 21,529 13,259
Total current assets: 21,529 13,259
Creditors: amounts falling due within one year: 4 ( 16,304 ) ( 6,907 )
Net current assets (liabilities): 5,225 6,352
Total assets less current liabilities: 7,626 10,016
Total net assets (liabilities): 7,626 10,016
Members' funds
Profit and loss account: 7,626 10,016
Total members' funds: 7,626 10,016

The notes form part of these financial statements

BARE BRANDING 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 October 2025
and signed on behalf of the board by:

Name: Noel Spencer
Status: Director

The notes form part of these financial statements

BARE BRANDING 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.

    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: Plant and machinery - 25% straight line

BARE BRANDING 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 0 0

BARE BRANDING 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 15,194 15,194
Additions 329 329
Disposals
Revaluations
Transfers
At 31 October 2024 15,523 15,523
Depreciation
At 1 November 2023 11,530 11,530
Charge for year 1,592 1,592
On disposals
Other adjustments
At 31 October 2024 13,122 13,122
Net book value
At 31 October 2024 2,401 2,401
At 31 October 2023 3,664 3,664

BARE BRANDING 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
£ £
Taxation and social security 8,497
Accruals and deferred income 1,200 300
Other creditors 6,607 6,607
Total 16,304 6,907

COMMUNITY INTEREST ANNUAL REPORT

BARE BRANDING C.I.C.

Company Number: SC610320 (Scotland)

Year Ending: 31 October 2024

Company activities and impact

Bare Branding has been focusing on developing its workshops with local charities such as The Citadel Youth Centre in Leith with teaching and printing classes, We have worked with other international Charities including MEP (Medical Aid for Palestine) for the welfare of Palestinian women and children.We have also helped these groups with retailing their products in Edinburgh. I have had to restructure the company as two long term volunteers left Bare Branding. Two new volunteers have since joined me and we are slowly building up a new client base.

Consultation with stakeholders

The shareholders include artists and various charities, and we can report no negative feedback from them.

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
29 October 2025

And signed on behalf of the board by:
Name: Noel Spencer
Status: Director