1 March 2022 false No description of principal activity Taxfiler 2023.10.2 13208331business:PrivateLimitedCompanyLtd2022-03-012023-02-28 132083312022-02-28 132083312022-03-012023-02-28 13208331business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 13208331business:FilletedAccounts2022-03-012023-02-28 132083312023-02-28 13208331business:Director12022-03-012023-02-28 13208331business:RegisteredOffice2022-03-012023-02-28 132083312022-02-28 13208331core:WithinOneYear2023-02-28 13208331core:WithinOneYear2022-02-28 13208331core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13208331core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 13208331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13208331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 13208331core:PreviouslyStatedAmount2023-02-28 13208331core:PreviouslyStatedAmount2022-02-28 13208331business:SmallEntities2022-03-012023-02-28 13208331countries:EnglandWales2022-03-012023-02-28 13208331core:FurnitureFittings2022-03-012023-02-28 13208331core:ComputerEquipment2022-03-012023-02-28 13208331core:FurnitureFittings2022-02-28 13208331core:ComputerEquipment2022-02-28 13208331core:FurnitureFittings2023-02-28 13208331core:ComputerEquipment2023-02-28 13208331core:AfterOneYear2023-02-28 13208331core:AfterOneYear2022-02-28 132083312021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13208331 (England and Wales)
THE HIVE INTERIOR DESIGN STUDIO LTD Unaudited accounts for the year ended 28 February 2023
THE HIVE INTERIOR DESIGN STUDIO LTD Unaudited accounts Contents
Page
- 2 -
THE HIVE INTERIOR DESIGN STUDIO LTD Company Information for the year ended 28 February 2023
Director
Meg Springgay
Company Number
13208331 (England and Wales)
Registered Office
37 SLADE GATE BUCKHOLD PANGBOURNE READING RG8 8QJ ENGLAND
Accountants
Dead Simple Accounting Suite 30, 105 London Street Reading Berkshire RG1 4QD
- 3 -
THE HIVE INTERIOR DESIGN STUDIO LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,758 
1,307 
Current assets
Inventories
190 
190 
Debtors
939 
851 
Cash at bank and in hand
20,620 
832 
21,749 
1,873 
Creditors: amounts falling due within one year
(10,561)
(4,093)
Net current assets/(liabilities)
11,188 
(2,220)
Net assets/(liabilities)
13,946 
(913)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,846 
(1,013)
Shareholders' funds
13,946 
(913)
For the year ending 28 February 2023 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 1 December 2023 and were signed on its behalf by
Meg Springgay Director Company Registration No. 13208331
- 4 -
THE HIVE INTERIOR DESIGN STUDIO LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
THE HIVE INTERIOR DESIGN STUDIO LTD is a private company, limited by shares, registered in England and Wales, registration number 13208331. The registered office is 37 SLADE GATE BUCKHOLD, PANGBOURNE, READING, RG8 8QJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
1,183 
560 
1,743 
Additions
621 
1,895 
2,516 
At 28 February 2023
1,804 
2,455 
4,259 
Depreciation
At 1 March 2022
296 
140 
436 
Charge for the year
451 
614 
1,065 
At 28 February 2023
747 
754 
1,501 
Net book value
At 28 February 2023
1,057 
1,701 
2,758 
At 28 February 2022
887 
420 
1,307 
- 5 -
THE HIVE INTERIOR DESIGN STUDIO LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,878 
832 
Trade debtors
- 
19 
5,878 
851 
Amounts falling due after more than one year
Trade debtors
(4,939)
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
786 
3,306 
Taxes and social security
4,803 
- 
Loans from directors
2,681 
(1,713)
Accruals
2,291 
2,500 
10,561 
4,093 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -