IRIS Accounts Production v18.3.0.590 09324308 Board of Directors 1.7.17 30.6.18 30.6.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093243082017-06-30093243082018-06-30093243082017-07-012018-06-30093243082016-06-30093243082016-07-012017-06-30093243082017-06-3009324308ns15:EnglandWales2017-07-012018-06-3009324308ns14:PoundSterling2017-07-012018-06-3009324308ns10:Director12017-07-012018-06-3009324308ns10:PrivateLimitedCompanyLtd2017-07-012018-06-3009324308ns10:SmallEntities2017-07-012018-06-3009324308ns10:AuditExempt-NoAccountantsReport2017-07-012018-06-3009324308ns10:SmallCompaniesRegimeForDirectorsReport2017-07-012018-06-3009324308ns10:SmallCompaniesRegimeForAccounts2017-07-012018-06-3009324308ns10:FullAccounts2017-07-012018-06-300932430812017-07-012018-06-3009324308ns10:Director22017-07-012018-06-3009324308ns10:RegisteredOffice2017-07-012018-06-3009324308ns5:CurrentFinancialInstruments2018-06-3009324308ns5:CurrentFinancialInstruments2017-06-3009324308ns5:ShareCapital2018-06-3009324308ns5:ShareCapital2017-06-3009324308ns5:RetainedEarningsAccumulatedLosses2018-06-3009324308ns5:RetainedEarningsAccumulatedLosses2017-06-3009324308ns5:IntangibleAssetsOtherThanGoodwill2017-07-012018-06-3009324308ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2017-06-3009324308ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2017-07-012018-06-3009324308ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2018-06-3009324308ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2017-06-3009324308ns5:ComputerEquipment2017-07-012018-06-3009324308ns5:ComputerEquipment2018-06-3009324308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-06-3009324308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-06-30


REGISTERED NUMBER: 09324308 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

FOR

HIVE 25 LIMITED

HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HIVE 25 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2018







DIRECTORS: Mr T M Pammenter
Mrs S R Pammenter





REGISTERED OFFICE: The Old Stables
North Weston
Thame
Oxfordshire
OX9 2HA





REGISTERED NUMBER: 09324308 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 26,290
Tangible assets 5 377 -
377 26,290

CURRENT ASSETS
Debtors 6 44,075 -
Cash at bank and in hand 9,631 100
53,706 100
CREDITORS
Amounts falling due within one year 7 128,499 26,290
NET CURRENT LIABILITIES (74,793 ) (26,190 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(74,416

)

100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (74,516 ) -
SHAREHOLDERS' FUNDS (74,416 ) 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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.

HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 16 October 2018 and were signed on its behalf by:





Mr T M Pammenter - Director


HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018

1. STATUTORY INFORMATION

Hive 25 Limited is a private company, limited by shares , registered in England and Wales. The company's registered
number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, despite a negative balance sheet position at
the year end. The directors have confirmed their continued financial support of the company for the next twelve
months by way of a loan provided from an associated company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured as cost less
any accumulated amortisation and any impairment losses.

Development costs incurred in the year ended 30 June 2017 relate to research and development costs incurred in the
period before trading commenced. These costs have now been identified as revenue expenditure and the intangible
asset has been disposed of during the year ended 30 June 2018.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - NIL ) .

HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 July 2017 26,290
Disposals (26,290 )
At 30 June 2018 -
NET BOOK VALUE
At 30 June 2018 -
At 30 June 2017 26,290

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 483
At 30 June 2018 483
DEPRECIATION
Charge for year 106
At 30 June 2018 106
NET BOOK VALUE
At 30 June 2018 377

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 3,240 -
Deferred tax asset 40,835 -
44,075 -

HIVE 25 LIMITED (REGISTERED NUMBER: 09324308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Social security and other taxes 1,148 -
VAT 1,482 -
Other creditors 124,869 26,290
Accrued expenses 1,000 -
128,499 26,290