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REGISTERED NUMBER: 12365357 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2024

FOR

HIVE DIGITAL MEDIA LIMITED

HIVE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 12365357)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 September 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5


HIVE DIGITAL MEDIA LIMITED

COMPANY INFORMATION
for the Year Ended 29 September 2024







DIRECTORS: Mr C Kilgour
Mr A Button





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
M44 5XD





REGISTERED NUMBER: 12365357 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

HIVE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 12365357)

REPORT OF THE DIRECTORS
for the Year Ended 29 September 2024

The directors present their report with the financial statements of the company for the year ended 29 September 2024.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 30 September 2023 to the date of this report.

The directors shown below were in office at 29 September 2024 but did not hold any interest in the Ordinary shares of £1 each at 30 September 2023 or 29 September 2024.

Mr C Kilgour
Mr A Button

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr C Kilgour - Director


27 June 2025

HIVE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 12365357)

BALANCE SHEET
29 September 2024

29.9.24 29.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 133,886 44,391
Cash at bank and in hand 98 4,259
133,984 48,650
CREDITORS
Amounts falling due within one year 5 (133,805 ) (48,558 )
NET CURRENT ASSETS 179 92
TOTAL ASSETS LESS CURRENT
LIABILITIES

179

92

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 175 88
SHAREHOLDERS' FUNDS 179 92

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





Mr A Button - Director


HIVE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 12365357)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 September 2024

1. STATUTORY INFORMATION

Hive Digital Media 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 29.9.23
£    £   
Trade debtors 7,450 1,750
Amounts owed by group undertakings 88,205 -
Other debtors 38,231 42,641
133,886 44,391

HIVE DIGITAL MEDIA LIMITED (REGISTERED NUMBER: 12365357)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 September 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 29.9.23
£    £   
Trade creditors (1 ) 1
Amounts owed to group undertakings 113,708 43,598
Taxation and social security 18,748 3,609
Other creditors 1,350 1,350
133,805 48,558

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 29 September 2024 and the period ended 29 September 2023:

29.9.24 29.9.23
£    £   
Mr C Kilgour
Balance outstanding at start of year 9,616 -
Amounts advanced - 9,616
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,616 9,616

Mr A Button
Balance outstanding at start of year 9,616 -
Amounts advanced - 9,616
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,616 9,616

7. ULTIMATE CONTROLLING PARTY

The company was under the control of its directors throughout the year.