THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
15217757 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 17 October 2023

End date: 31 October 2024

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 October 2024

Notes 12 months to 31 October 2024


£
Current assets
Cash at bank and in hand: 2,277
Total current assets: 2,277
Creditors: amounts falling due within one year: 3 ( 829 )
Net current assets (liabilities): 1,448
Total assets less current liabilities: 1,448
Total net assets (liabilities): 1,448
Members' funds
Profit and loss account: 1,448
Total members' funds: 1,448

The notes form part of these financial statements

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

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 14 September 2025
and signed on behalf of the board by:

Name: Wendy Cruse
Status: Director

The notes form part of these financial statements

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

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

    Other accounting policies

    Deferred taxation Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for corporation tax purposes. Deferred tax is not provided on timing difference arising from the revaluation of fixed assets where there is no commitment to sell the asset.

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    12 months to 31 October 2024
    Average number of employees during the period 2

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

12 months to 31 October 2024
£
Taxation and social security 364
Accruals and deferred income 180
Other creditors 285
Total 829

COMMUNITY INTEREST ANNUAL REPORT

THE SAGE NETWORK COMMUNITY INTEREST COMPANY

Company Number: 15217757 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The Sage Network CIC is a therapeutic organisation based within Dover, Kent. Our aim is to engage with people through a range of weekly group and individual activities including community gardening groups, bespoke therapy workshops, social connections, and supporting people to grow and thrive in their local communities. Our focus is to enable and engage people living locally with physical and mental health conditions, social isolation, low income and carers. Within our community gardens we aim to provide positive social connections, sharing and learning new skills in a safe and therapeutic environment. The produce grown in the garden is shared with group members or the local food pantry and the wider community. The garden has been developed in an urban unused space which now hosts approximately 50 – 100 members and visitors a month.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Two of our directors, Wendy Cruse and Jessica Peterson, are utilised by The Sage Network CIC on a self-employed basis and both receive a monthly stipend commensurate with market value. The total amount payable in relation to a director in respect of qualifying services was £1,870.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 September 2025

And signed on behalf of the board by:
Name: Wendy Cruse
Status: Director