Company Registration No. 12258323 (England and Wales)
HYVE DYNAMICS HOLDINGS LIMITED
Unaudited accounts
for the year ended 30 September 2024
HYVE DYNAMICS HOLDINGS LIMITED
Unaudited accounts
Contents
HYVE DYNAMICS HOLDINGS LIMITED
Company Information
for the year ended 30 September 2024
Directors
Dr. J S Tobon Conde
Mr J A Theodore
Dr. J M Theodore
Paul Evans
Georgiana Hristiana
Company Number
12258323 (England and Wales)
Registered Office
86-90 PAUL STREET
LONDON
EC2A 4NE
ENGLAND
Accountants
KENSOL ACCOUNTANTS
1st Floor, Building 2
Croxley Business Park
Watford
WD18 8YA
HYVE DYNAMICS HOLDINGS LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
1,363
1,818
Investment property
100
100
Cash at bank and in hand
176,621
143,606
Creditors: amounts falling due within one year
752
(23,708)
Net current assets
213,830
131,731
Total assets less current liabilities
215,293
133,649
Creditors: amounts falling due after more than one year
(217,765)
(197,057)
Net liabilities
(2,472)
(63,408)
Called up share capital
352,763
352,763
Share premium
303,000
153,000
Profit and loss account
(658,235)
(569,171)
Shareholders' funds
(2,472)
(63,408)
For the year ending 30 September 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
Mr J A Theodore
Director
Company Registration No. 12258323
HYVE DYNAMICS HOLDINGS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
HYVE DYNAMICS HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12258323. The registered office is 86-90 PAUL STREET, LONDON, EC2A 4NE, ENGLAND.
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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:
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Tangible fixed assets
Total
At 30 September 2024
4,310
At 30 September 2024
2,947
At 30 September 2024
1,363
At 30 September 2023
1,818
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).