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REGISTERED NUMBER: 10820012 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sage Enterprises Limited

Sage Enterprises Limited (Registered number: 10820012)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sage Enterprises Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: J Greenberg





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 10820012 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Sage Enterprises Limited (Registered number: 10820012)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,934 4,870
Investments 5 303,404 2,400
307,338 7,270

CURRENT ASSETS
Debtors 6 2,590 17,705
Investments 7 452,970 285,788
Cash at bank 2,453,550 1,699,351
2,909,110 2,002,844
CREDITORS
Amounts falling due within one year 8 1,386,285 228,634
NET CURRENT ASSETS 1,522,825 1,774,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,830,163

1,781,480

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 1,830,162 1,781,479
SHAREHOLDERS' FUNDS 1,830,163 1,781,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2025 and were signed by:



J Greenberg - Director


Sage Enterprises Limited (Registered number: 10820012)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Sage Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings are depreciated at 15% reducing balance.
Computer equipments are depreciated at 25% reducing balance.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Sage Enterprises Limited (Registered number: 10820012)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024
and 31 December 2024 11,163
DEPRECIATION
At 1 January 2024 6,293
Charge for year 936
At 31 December 2024 7,229
NET BOOK VALUE
At 31 December 2024 3,934
At 31 December 2023 4,870

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 January 2024 2,400
Additions 301,004
At 31 December 2024 303,404
NET BOOK VALUE
At 31 December 2024 303,404
At 31 December 2023 2,400

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Other debtors 2,590 17,705

7. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£ £
Unlisted investments 416,870 249,688
Other 36,100 36,100
452,970 285,788

Sage Enterprises Limited (Registered number: 10820012)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors - (1 )
Amounts owed to group undertakings 400 -
Taxation and social security 67,531 223,803
Other creditors 1,318,354 4,832
1,386,285 228,634

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
1 Ordinary £1 1 1