IRIS Accounts Production v25.1.4.42 13237085 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132370852023-12-31132370852024-12-31132370852024-01-012024-12-31132370852022-12-31132370852023-01-012023-12-31132370852023-12-3113237085ns15:EnglandWales2024-01-012024-12-3113237085ns14:PoundSterling2024-01-012024-12-3113237085ns10:Director12024-01-012024-12-3113237085ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3113237085ns10:SmallEntities2024-01-012024-12-3113237085ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3113237085ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3113237085ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3113237085ns10:FullAccounts2024-01-012024-12-3113237085ns10:Director22024-01-012024-12-3113237085ns10:Director32024-01-012024-12-3113237085ns10:RegisteredOffice2024-01-012024-12-3113237085ns5:CurrentFinancialInstruments2024-12-3113237085ns5:CurrentFinancialInstruments2023-12-3113237085ns5:ShareCapital2024-12-3113237085ns5:ShareCapital2023-12-3113237085ns5:RetainedEarningsAccumulatedLosses2024-12-3113237085ns5:RetainedEarningsAccumulatedLosses2023-12-3113237085ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3113237085ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 13237085 (England and Wales)










Wealth Investment Network Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2024






Wealth Investment Network Ltd (Registered number: 13237085)






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


Wealth Investment Network Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr Lee Anthony Lysons
Mr Andrew Charles Edward Preston
Mr Matthew Litt Parker





REGISTERED OFFICE: Suite 12
Blackburn Technology Management Centre
Challenge Way
Blackburn
Lancashire
BB1 5QB





REGISTERED NUMBER: 13237085 (England and Wales)






Wealth Investment Network Ltd (Registered number: 13237085)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
Current assets
Debtors 4 122 117
Cash at bank 110,000 50,000
110,122 50,117
Creditors
Amounts falling due within one year 5 (115,347 ) (54,664 )
Net current liabilities (5,225 ) (4,547 )
Total assets less current liabilities (5,225 ) (4,547 )

Capital and reserves
Called up share capital 90 90
Retained earnings (5,315 ) (4,637 )
(5,225 ) (4,547 )

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 directors acknowledge their 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 Profit and Loss Account and Statement of Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:





Mr Andrew Charles Edward Preston - Director


Wealth Investment Network Ltd (Registered number: 13237085)

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

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales.

Suite 12
Blackburn Technology Management Centre
Challenge Way
Blackburn
Lancashire
BB1 5QB
United Kingdom

2. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below.These policies have been consistently applied to all the years presented, unless otherwise stated.

STATEMENT OF COMPLIANCE
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as
disclosed in the accounting policies certain items are shown at fair value.

GOING CONCERN
The financial statements have been prepared on a going concern basis.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Statement of Retained Earnings, 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.

INVESTMENTS
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Wealth Investment Network Ltd (Registered number: 13237085)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 90 -
Called up share capital not paid - 90
Prepayments 32 27
122 117

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to participating interests 114,975 54,310
Accrued expenses 372 354
115,347 54,664