Registered Number:13026886 |
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2023
HIVE MCR LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
HIVE MCR LIMITED
Statement of Financial Position
2022
2023
Property, plant and equipment |
386
833
2
3
281,972
125,165
282,358
125,998
680
Cash and cash equivalents |
1,363
1,363
680
Trade and other payables: amounts falling due within one |
year |
(38,861)
(85,484)
4
(38,181)
(84,121)
Net current liabilities
Total assets less current liabilities |
198,237
87,817
Trade and other payables: amounts falling due after more |
than one year |
(90,000)
(202,500)
5
(4,263)
Net liabilities
(2,183)
2
2
(4,265)
(2,185)
(4,263)
(2,183)
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 November 2023
HIVE MCR LIMITED
Notes to the Financial Statements
Statutory Information
HIVE MCR LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 13026886. |
Beehive Lofts
Jersey Street
Manchester
M4 6JG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 November 2023
HIVE MCR LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment |
1,667
1,667
Provision for depreciation and impairment |
834
Charge for year
447
1,281
386
833
125,165
156,807
281,972
281,972
125,165
4. Trade and other payables: amounts falling due within one year |
2022
2023
1
-
85,483
38,861
85,484
38,861
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
202,500
90,000
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For the year ended 30 November 2023
HIVE MCR LIMITED
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
4 of 4