REGISTERED NUMBER: 07106363 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Property Investors Network Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

S W H Zutshi

J R Hamilton

REGISTERED OFFICE:

54 Hagley Road

Birmingham

B16 8PE

REGISTERED NUMBER:

07106363 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Tangible assets

3

16,619

15,575

CURRENT ASSETS

Debtors

4

5,380,517

5,224,352

Cash at bank

167,461

220,100

5,547,978

5,444,452

CREDITORS

Amounts falling due within one year

5

(4,102,078

)

(3,589,295

)

NET CURRENT ASSETS

1,445,900

1,855,157

TOTAL ASSETS LESS CURRENT LIABILITIES

1,462,519

1,870,732

CREDITORS

Amounts falling due after more than one year

6

(59,400

)

(99,000

)

NET ASSETS

1,403,119

1,771,732

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,403,117

1,771,730

1,403,119

1,771,732

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th September 2025 and were signed on its behalf by:

S W H Zutshi - Director

1.	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.

Plant and machinery

-

20% on reducing balance

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 24 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st January 2024

79,159

Additions

5,595

Disposals

(1,377

)

At 31st December 2024

83,377

DEPRECIATION

At 1st January 2024

63,584

Charge for year

3,587

Eliminated on disposal

(413

)

At 31st December 2024

66,758

NET BOOK VALUE

At 31st December 2024

16,619

At 31st December 2023

15,575

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

619,084

578,268

Provison for bad debts

(282,969

)

(358,020

)

Amounts owed by associates

1,242,683

1,242,683

Other debtors

1,018,457

1,019,132

Directors' current accounts

2,743,978

2,728,011

Prepayments and accrued income

39,284

14,278

5,380,517

5,224,352

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

14,401

24,490

Other loans

105,137

192,999

Trade creditors

177,465

339,212

Social security and other taxes

14,203

110,659

VAT

306,547

184,507

Other creditors

6,450

45,917

Amounts due to related parties

2,598,273

2,038,992

Accrued expenses

879,602

652,519

4,102,078

3,589,295

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

59,400

99,000

7.	RELATED PARTY DISCLOSURES

At the year end, Property Investors Network Limited was owed £581,702 (2023: £581,702) by BG3 Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £750 (2023: £750) by BG4 Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £442 (2023: £442) by Rent to buy Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £172,754 (2023: £172,754) by Throckley House Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £231,315 (2023: £231,315) by Vision 1 Investments Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £40,706 (2023: £40,706) by Hatfield House Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited was owed £215,014 (2023: £215,014) by Crowd Property Limited, an entity over which the director has control. This balance is included within debtors (note 5).

At the year end, Property Investors Network Limited owed £1,197,779 (2023: £1,089,865) to Property Investors Network Limited, an entity over which the director has control. This balance is included within creditors (note 6).

At the year end, Property Investors Network Limited owed £9,900 (2023: £9,900) to BG2 Limited, an entity over which the director has control. This balance is included within creditors (note 6).

At the year end, Property Investors Network Limited owed £4,071 (2023: £8,730) to GeniusU Limited, an entity over which the director has control. This balance is included within creditors (note 6).

At the year end, Property Investors Network Limited owed £1,394,666 (2023: £930,497) to Genius Group Limited, an entity over which the director has control. This balance is included within creditors (note 6).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

4th September 2025