SERAI NETWORK CIC

Company limited by guarantee

Company Registration Number:
15302259 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 22 November 2023

End date: 30 November 2024

SERAI NETWORK CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

SERAI NETWORK CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024


£
Turnover: 3,700
Cost of sales: ( 3,650 )
Gross profit(or loss): 50
Operating profit(or loss): 50
Profit(or loss) before tax: 50
Profit(or loss) for the financial year: 50

SERAI NETWORK CIC

Balance sheet

As at 30 November 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks: 3 4
Cash at bank and in hand: 50
Total current assets: 54
Net current assets (liabilities): 54
Total assets less current liabilities: 54
Total net assets (liabilities): 54
Members' funds
Profit and loss account: 54
Total members' funds: 54

The notes form part of these financial statements

SERAI NETWORK CIC

Balance sheet statements

For the year ending 30 November 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 4 August 2025
and signed on behalf of the board by:

Name: Richard Waterstone
Status: Director

The notes form part of these financial statements

SERAI NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

SERAI NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

SERAI NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Stocks

2024
£
Stocks 4
Payments on account 0
Total 4

COMMUNITY INTEREST ANNUAL REPORT

SERAI NETWORK CIC

Company Number: 15302259 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Our company has benefited the community by providing members of the community from more deprived backgrounds with free access to new technologies such as robotics and AI to enable them to engage with such technologies to improve their life chances. In this first couple of years, we have concentrated our efforts on the Yorkshire area, providing resources and expertise to free-school lunch coding clubs based at Leeds and Barnsley libraries.

Consultation with stakeholders

We consulted extensively with children from free school lunch backgrounds at workshops that we held in Leeds and Barnsley Libraries as well as with similar initiatives worldwide to share and learn best practice in these fields.

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
4 August 2025

And signed on behalf of the board by:
Name: Richard Waterstone
Status: Director