Company No: 12744158 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	992		1,322
Tangible assets	4	84,616		102,306
		85,608		103,628
Current assets
Debtors	5	209,150		150,247
Cash at bank and in hand		164,248		179,499
		373,398		329,746
Creditors: amounts falling due within one year	6	( 196,902)		( 104,119)
Net current assets		176,496		225,627
Total assets less current liabilities		262,104		329,255
Creditors: amounts falling due after more than one year	7	( 63,538)		( 80,854)
Net assets		198,566		248,401
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		198,466		248,301
Total shareholder's funds		198,566		248,401

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

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of 3Hive Ltd. (registered number: 12744158) were approved and authorised for issue by the Board of Directors on 03 December 2025. They were signed on its behalf by:

J M Burgess Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

3Hive Ltd. (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of rebates and discounts. The company recognises revenue when the value of services provided to date can be reliably measured.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software

25 % reducing balance

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	25 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	21		20

3. Intangible assets

	Computer software		Total
	£		£
Cost
At 01 August 2024	2,400		2,400
At 31 July 2025	2,400		2,400
Accumulated amortisation
At 01 August 2024	1,078		1,078
Charge for the financial year	330		330
At 31 July 2025	1,408		1,408
Net book value
At 31 July 2025	992		992
At 31 July 2024	1,322		1,322

4. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 August 2024	1,208		125,535		19,104		8,880		154,727
Additions	0		2,100		6,397		2,087		10,584
At 31 July 2025	1,208		127,635		25,501		10,967		165,311
Accumulated depreciation
At 01 August 2024	309		37,885		9,291		4,936		52,421
Charge for the financial year	225		22,000		3,257		2,792		28,274
At 31 July 2025	534		59,885		12,548		7,728		80,695
Net book value
At 31 July 2025	674		67,750		12,953		3,239		84,616
At 31 July 2024	899		87,650		9,813		3,944		102,306

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	201,728		142,721
Other debtors	7,422		7,526
	209,150		150,247

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Corporation tax	153,499		63,363
Other taxation and social security	8,021		10,155
Obligations under finance leases and hire purchase contracts	17,315		15,936
Other creditors	18,067		14,665
	196,902		104,119

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	63,538		80,854

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Ultimate controlling party

Parent Company:

3Hive Holding Ltd

Towngate House, 2-8 Parkstone Road, Poole, Dorset, United Kingdom, BH15 2PW