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 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

BRAVESTARTS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

BRAVESTARTS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 7,071 0
Gross profit(or loss): 7,071 0
Administrative expenses: ( 15,178 ) ( 31,950 )
Operating profit(or loss): (8,107) (31,950)
Profit(or loss) before tax: (8,107) (31,950)
Profit(or loss) for the financial year: (8,107) (31,950)

BRAVESTARTS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 12,090 6,612
Total current assets: 12,090 6,612
Creditors: amounts falling due within one year: 3 ( 1,048 ) 0
Net current assets (liabilities): 11,042 6,612
Total assets less current liabilities: 11,042 6,612
Creditors: amounts falling due after more than one year: 4 ( 57,919 ) ( 45,382 )
Total net assets (liabilities): (46,877) (38,770)
Members' funds
Profit and loss account: (46,877) ( 38,770)
Total members' funds: ( 46,877) (38,770)

The notes form part of these financial statements

BRAVESTARTS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 2023 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 March 2023
and signed on behalf of the board by:

Name: Lucy Caroline Standing
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 2023

  • 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 comprises the invoiced value by the company

BRAVESTARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

BRAVESTARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 1,048 0
Total 1,048 0

BRAVESTARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 57,919 45,382
Total 57,919 45,382

COMMUNITY INTEREST ANNUAL REPORT

BRAVESTARTS COMMUNITY INTEREST COMPANY

Company Number: 12426586 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

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.

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 5

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 March 2023

And signed on behalf of the board by:
Name: Lucy Caroline Standing
Status: Director