IRIS Accounts Production v24.3.0.553 10684503 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106845032023-03-31106845032024-03-31106845032023-04-012024-03-31106845032022-03-31106845032022-04-012023-03-31106845032023-03-3110684503ns15:EnglandWales2023-04-012024-03-3110684503ns14:PoundSterling2023-04-012024-03-3110684503ns10:Director12023-04-012024-03-3110684503ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110684503ns10:SmallEntities2023-04-012024-03-3110684503ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110684503ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110684503ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110684503ns10:AbridgedAccounts2023-04-012024-03-3110684503ns10:RegisteredOffice2023-04-012024-03-3110684503ns5:CurrentFinancialInstruments2024-03-3110684503ns5:CurrentFinancialInstruments2023-03-3110684503ns5:Non-currentFinancialInstruments2024-03-3110684503ns5:Non-currentFinancialInstruments2023-03-3110684503ns5:ShareCapital2024-03-3110684503ns5:ShareCapital2023-03-3110684503ns5:RetainedEarningsAccumulatedLosses2024-03-3110684503ns5:RetainedEarningsAccumulatedLosses2023-03-3110684503ns5:PlantMachinery2023-04-012024-03-31
REGISTERED NUMBER: 10684503 (England and Wales)


Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hive Video Limited

Hive Video Limited (Registered number: 10684503)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Hive Video Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Porter





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: 10684503 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT

Hive Video Limited (Registered number: 10684503)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,538 68,343

CURRENT ASSETS
Debtors 127,019 103,393
Cash at bank 104,089 223,853
231,108 327,246
CREDITORS
Amounts falling due within one year 154,875 283,020
NET CURRENT ASSETS 76,233 44,226
TOTAL ASSETS LESS CURRENT LIABILITIES 148,771 112,569

CREDITORS
Amounts falling due after more than one year (13,050 ) (15,704 )

PROVISIONS FOR LIABILITIES (18,135 ) (17,086 )
NET ASSETS 117,586 79,779

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 117,486 79,679
SHAREHOLDERS' FUNDS 117,586 79,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:




R Porter - Director


Hive Video Limited (Registered number: 10684503)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Hive Video 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.

2. ACCOUNTING POLICIES

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

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Hive Video Limited (Registered number: 10684503)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 204,108
Additions 48,099
Disposals (23,968 )
At 31 March 2024 228,239
DEPRECIATION
At 1 April 2023 135,765
Charge for year 37,912
Eliminated on disposal (17,976 )
At 31 March 2024 155,701
NET BOOK VALUE
At 31 March 2024 72,538
At 31 March 2023 68,343