THE GOLDEN NETWORK CIC

Company limited by guarantee

Company Registration Number:
15875440 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 3 August 2024

End date: 31 August 2025

THE GOLDEN NETWORK CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Additional notes
Community Interest Report

THE GOLDEN NETWORK CIC

Balance sheet

As at 31 August 2025

Notes 13 months to 31 August 2025


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1
Investments:   0
Total current assets: 1
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 1
Total assets less current liabilities: 1
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1
Members' funds
Profit and loss account: 1
Total members' funds: 1

The notes form part of these financial statements

THE GOLDEN NETWORK CIC

Balance sheet statements

For the year ending 31 August 2025 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 2 May 2026
and signed on behalf of the board by:

Name: Omoesiri owho
Status: Director

The notes form part of these financial statements

THE GOLDEN NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 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

THE GOLDEN NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    13 months to 31 August 2025
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

THE GOLDEN NETWORK CIC

Company Number: 15875440 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

During this financial year, the company was in its early setup stage and did not carry out any trading activity. The main work completed was preparing the organisation to deliver future community benefit activities, including developing the Level Up youth programme, engaging with young people locally, and identifying community needs around confidence, skills, mentoring and access to opportunities. The company’s planned activities are focused on supporting young people aged 16 to 25, particularly those not in education, employment or training, or at risk of disengaging. Although no formal funded delivery took place during this financial year, the groundwork completed has helped prepare the company to provide future community benefit through youth mentoring, practical skills sessions and confidence-building activities.

Consultation with stakeholders

The company consulted with young people in the local community, as they are the main stakeholders and intended beneficiaries of the CIC’s future activities. Consultation took place through informal conversations, surveys and a small taster session. Feedback from young people showed that many wanted access to practical skills, confidence-building support, mentoring and safe spaces outside of formal education. Some also shared that cost can be a barrier to taking part in activities. In response to this feedback, the company developed the Level Up youth programme, which will focus on confidence, life skills, mentoring and practical activities, with food provision included to help reduce barriers to participation.

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
2 May 2026

And signed on behalf of the board by:
Name: Omoesiri owho
Status: Director