Hive Home and Landscape Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 12396959

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,351		22,102

			17,351		22,102
CURRENT ASSETS
Debtors	5	102,814		50,964
Cash at bank and in hand		31,329		2,123

		134,143		53,087
Creditors: Amounts Falling Due Within One Year	6	(91,351 )		(62,634 )

NET CURRENT ASSETS (LIABILITIES)			42,792		(9,547 )

TOTAL ASSETS LESS CURRENT LIABILITIES			60,143		12,555

Creditors: Amounts Falling Due After More Than One Year	7		(4,141 )		(13,964 )

NET ASSETS/(LIABILITIES)			56,002		(1,409 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Income Statement			56,001		(1,410 )

SHAREHOLDERS' FUNDS			56,002		(1,409)

Page 1

Page 2

Hive Home and Landscape Ltd

Statement of Financial Position (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Tony Piagesti

Director

19/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hive Home and Landscape Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12396959 . The registered office is Anumerate Office 2.05, Clockwise, Old Town Hall, 30 Tweedy Road, Bromley, BR1 3FE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight-line method
Motor Vehicles	20% straight-line method
Computer Equipment	25% straight-line method

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.

Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

2.6. Taxation

Taxation expense for the year represents current tax recognised in the reporting period and is recognised in the statement of comprehensive income. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted.

Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year.

2.7. Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

2.8. Presentation currency

The accounts are presented in £ sterling.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 2)

Page 3

Page 4

Hive Home and Landscape Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2024	1,789	33,744	1,070	36,603
Additions	2,899	-	-	2,899
Disposals	(1,789 )	-	-	(1,789 )

As at 31 January 2025	2,899	33,744	1,070	37,713

Depreciation
As at 1 February 2024	1,429	12,236	836	14,501
Provided during the period	528	6,748	180	7,456
Disposals	(1,595 )	-	-	(1,595 )

As at 31 January 2025	362	18,984	1,016	20,362

Net Book Value
As at 31 January 2025	2,537	14,760	54	17,351

As at 1 February 2024	360	21,508	234	22,102

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	684
Prepayments and accrued income	102,814	50,280

	102,814	50,964

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	5,797	5,332
Trade creditors	47	42
Bank loans and overdrafts	-	13,407
Other creditors	48,961	39,246
Taxation and social security	36,546	4,607

	91,351	62,634

Long term creditors includes an HP loan agreement of £9,938.84 (2024: £15,271).

The government backed BBL loan was repaid in full during the year.

The HP loan incurs interest at 17.93% per year and the repayment terms are 4 years. Loan repayments commenced in October 2022 and the loan repayment capital balance due within the next 12 months amounts to £5,797 (2024: £5,332), excluding interest charges, and is shown within Creditors Due Within One Year above.

Creditors due in one year includes a loan of £48,645 (2024: £9,469) from the Director in unpaid dividends.

Loans from the Director are unsecured, interest-free and have no fixed terms of repayment.

Page 4

Page 5

Hive Home and Landscape Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,141	9,939
Bank loans	-	4,025

	4,141	13,964

Long term creditors includes an HP loan agreement of £9,938.84 (2024: £15,271).

The government backed BBL loan was repaid in full during the year.

The HP loan incurs interest at 17.93% per year and the repayment terms are 4 years. Loan repayments commenced in October 2022 and the loan repayment capital balance due after the next 12 months amounts to £4,141 (2024: £9,939), excluding interest charges, and is shown within Creditors Due Within One Year above.

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	5,797	5,332
Later than one year and not later than five years	4,141	9,939

	9,938	15,271

	9,938	15,271

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Related Party Transactions

The Director is a related party of the Company and loans with the Director are set out in creditors above.

Loans from the Director are unsecured, interest-free and have no fixed terms of repayment.

Page 5