Company Registration No. 08123316 (England and Wales)
PD Hive Ltd
Unaudited accounts
for the year ended 30 June 2024
PD Hive Ltd
Unaudited accounts
Contents
PD Hive Ltd
Company Information
for the year ended 30 June 2024
Directors
Paul Thomas
Daniel Becerra
Company Number
08123316 (England and Wales)
Registered Office
Cedar House
New Road
Bath
Somerset
BA2 7WA
GBR
Accountants
Adams O'Rourke Accountants Ltd
436 Woolton Road
Liverpool
L25 6JQ
PD Hive Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
29,993
22,365
Creditors: amounts falling due within one year
(31,446)
(28,975)
Net current assets
44,425
29,042
Total assets less current liabilities
45,177
29,042
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
45,032
29,040
Shareholders' funds
45,034
29,042
For the year ending 30 June 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.
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 27 November 2024 and were signed on its behalf by
Paul Thomas
Director
Company Registration No. 08123316
PD Hive Ltd
Notes to the Accounts
for the year ended 30 June 2024
PD Hive Ltd is a private company, limited by shares, registered in England and Wales, registration number 08123316. The registered office is Cedar House, New Road, Bath, Somerset, BA2 7WA, GBR.
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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
40,320
26,400
Accrued income and prepayments
396
-
PD Hive Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,413
12,897
Taxes and social security
8,752
7,776
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free and repayable on demand
5,045
2,287
5,045
2,287
Interest free and repayable on demand
4,207
2,875
4,207
2,875
Director loans provided interest free and repayable on demand.
8
Transactions with related parties
Loan to Director Daniel Becerra at 0% interest and repayable on demand of £2,875.
Loan to Director Paul Thomas at 0% interest and repayable on demand of £2,287.
9
Average number of employees
During the year the average number of employees was 2 (2023: 1).