BRAVESTARTS COMMUNITY INTEREST COMPANY
BRAVESTARTS COMMUNITY INTEREST COMPANY
BRAVESTARTS COMMUNITY INTEREST COMPANY
Company limited by guarantee
Company Registration Number:
12426586 (England and Wales)
Unaudited statutory accounts for the year ended 31 January 2022
Period of accounts
Start date: 31 January 2021
End date: 31 January 2022
BRAVESTARTS COMMUNITY INTEREST COMPANY
Contents of the Financial Statements
for the Period Ended 31 January 2022
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
BRAVESTARTS COMMUNITY INTEREST COMPANY
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 January 2022
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
31 January 2021 to 31 January 2022
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
BRAVESTARTS COMMUNITY INTEREST COMPANY
Profit And Loss Account
for the Period Ended
| 2022 | 2021 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Cost of sales: | | |
| Gross profit(or loss): | | |
| Distribution costs: | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | ( | ( |
| Interest receivable and similar income: | | |
| Interest payable and similar charges: | | |
| Profit(or loss) before tax: | ( | ( |
| Tax: | | |
| Profit(or loss) for the financial year: | ( | ( |
BRAVESTARTS COMMUNITY INTEREST COMPANY
Balance sheet
As at
| Notes | 2022 | 2021 | |
|---|---|---|---|
| | £ | £ | |
| Fixed assets | |||
| Intangible assets: | | | |
| Tangible assets: | | | |
| Investments: | | | |
| Total fixed assets: | | | |
| Current assets | |||
| Stocks: | | | |
| Debtors: | | | |
| Cash at bank and in hand: | | | |
| Investments: | | | |
| Total current assets: | | | |
| Prepayments and accrued income: | | | |
| Creditors: amounts falling due within one year: | | | |
| Net current assets (liabilities): | | | |
| Total assets less current liabilities: | | | |
| Creditors: amounts falling due after more than one year: | 3 | ( | ( |
| Provision for liabilities: | | | |
| Accruals and deferred income: | | | |
| Total net assets (liabilities): | ( | ( | |
| Members' funds | |||
| Profit and loss account: | ( | ( | |
| Total members' funds: | ( | ( |
The notes form part of these financial statements
BRAVESTARTS COMMUNITY INTEREST COMPANY
Balance sheet 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
BRAVESTARTS COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 January 2022
-
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
BRAVESTARTS COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 January 2022
-
2. Employees
2022 2021 Average number of employees during the period 0 0
BRAVESTARTS COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 January 2022
3. Creditors: amounts falling due after more than one year note
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | | |
| Amounts due under finance leases and hire purchase contracts | | |
| Other creditors | | |
| Total | | |
COMMUNITY INTEREST ANNUAL REPORT
BRAVESTARTS COMMUNITY INTEREST COMPANY
Company Number: 12426586 (England and Wales)
Year Ending: 31 January 2022
Company activities and impact
We’ve built up a platform of services helping to support people as they get older to plan, think about and access work opportunities as they get older. We’ve run a number of events – everything from how to sort out a CV/Linkedin profile, to opportunities to meet people in different sectors so they can learn more about jobs they are thinking of retraining/moving into. Over 250 people have benefitted from this. In addition, we’ve provided free coaching and career advice and counselling to our members. Each month we provide two free events: 1. A career development ‘drop in’ session where they get to meet with a qualified career coach and chat through issues they may be encountering a work. This challenges the traditional model of having to ‘pay’ for any sessions or signing up to a minimum commitment of 3 sessions (as is the norm). 2. We provide a small business network community meeting where members get to come and discuss and share business issues with which they’d like more support. As all of our members are fairly similar (ie our target market is offering support to people as they get older and who face significant age discrimination) they get to meet and relate to each other. We have also run a number of career change cohort schemes for members – we take them through a process of identifying next career steps. We take them through a process of identifying possible options based on a thorough examination of their values/strengths/interests and more. Through this we then connect them to people doing those roles so they get to learn more about the reality of doing them before they pay to retrain or invest in a business they now know they may not like running. We put over 50 people through this process last year Through all our activities we know we are having a positive impact.
Consultation with stakeholders
We do regularly ask for feedback from our members on our events and their use/value. Our average rating out of 5 on our events we run is between 4 and 5We also know out of the 50 people we’ve supported 38% have gone on to start a ‘side hustle’ (which is things like writing a book, taking up a hobby, applying for a trustee role etc..)30% have decided not to change career and have decided to commit to their role for another 2 years to build up more savings/contribution towards their retirement22% have now had the confidence to make a career change (e.g going from accountancy to work in operations or moving to studying for a counselling qualification). The rest were still largely undecided but the process of helping people move from feeling stuck to unstuck is time consuming and lengthy (there are afterall around 34,000 different types of job!) so we’re certainly moving people in the right direction.
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
10 February 2022
And signed on behalf of the board by:
Name: Lucy Caroline Standing
Status: Director