Company Registration No. 12346344 (England and Wales)
The Hive Cheltenham Limited
Unaudited accounts
for the year ended 31 December 2022
The Hive Cheltenham Limited
Unaudited accounts
Contents
The Hive Cheltenham Limited
Company Information
for the year ended 31 December 2022
Company Number
12346344 (England and Wales)
Registered Office
24 RODNEY ROAD
CHELTENHAM
GLOUCESTERSHIRE
GL50 1JJ
Accountants
Nutshell Accounts
15 London End
Beaconsfield
Buckinghamshire
HP9 2HN
The Hive Cheltenham Limited
Statement of financial position
as at 31 December 2022
Tangible assets
4,351
7,162
Cash at bank and in hand
7,678
2,631
Creditors: amounts falling due within one year
(24,403)
(37,980)
Net current liabilities
(11,705)
(26,304)
Net liabilities
(7,354)
(19,142)
Called up share capital
20,000
-
Profit and loss account
(27,354)
(19,142)
Shareholders' funds
(7,354)
(19,142)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
Josephine Baker
Director
Company Registration No. 12346344
The Hive Cheltenham Limited
Notes to the Accounts
for the year ended 31 December 2022
The Hive Cheltenham Limited is a private company, limited by shares, registered in England and Wales, registration number 12346344. The registered office is 24 RODNEY ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 1JJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight Line - 3 Years
Computer equipment
Straight Line - 3 Years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
11,600
369
11,969
At 31 December 2022
11,715
369
12,084
At 1 January 2022
4,561
246
4,807
Charge for the year
2,803
123
2,926
At 31 December 2022
7,364
369
7,733
At 31 December 2022
4,351
-
4,351
At 31 December 2021
7,039
123
7,162
The Hive Cheltenham Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Accrued income and prepayments
1,465
930
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
9,736
11,566
Trade creditors
4,945
1,673
Taxes and social security
-
3,392
Other creditors
125
20,130
Included in other creditors is a loan of £20,000 due to The Meadow Cafe Limited, a company under common control.
7
Average number of employees
During the year the average number of employees was 5 (2021: 5).