REGISTERED NUMBER: 12436974 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

HIVE LEGAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Corbett

Mrs N Corbett

A Kwan

Ms H Bardsley

REGISTERED OFFICE:

Units 115-119 Timber Wharf

42-50 Worsley Street

Castlefield

Manchester

M15 4LD

REGISTERED NUMBER:

12436974 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

FIXED ASSETS

Tangible assets

5

9,584

12,374

CURRENT ASSETS

Debtors

6

699,336

311,364

Cash at bank

85,080

1,643

784,416

313,007

CREDITORS

Amounts falling due within one year

7

684,013

206,611

NET CURRENT ASSETS

100,403

106,396

TOTAL ASSETS LESS CURRENT LIABILITIES

109,987

118,770

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

109,887

118,670

109,987

118,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

A Kwan - Director

1.	STATUTORY INFORMATION

Hive Legal Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

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.

Computer equipment - 20% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 26 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

13,951

DEPRECIATION

At 1 August 2024

1,577

Charge for year

2,790

At 31 July 2025

4,367

NET BOOK VALUE

At 31 July 2025

9,584

At 31 July 2024

12,374

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Amounts owed by related entities

699,189

311,364

Other debtors

147

-

699,336

311,364

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

59,650

8,600

Tax

13,036

9,980

Social security and other taxes

290,535

140,645

VAT

4,920

-

Other creditors

13,121

6,153

Directors' current accounts

300,520

35,950

Accrued expenses

2,231

5,283

684,013

206,611

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,200 were paid to the directors .

Included within other debtors due within one year is a a balance of £75,323 (2024: £80,408) due from a company connected by common control.

During the year Hive Legal Ltd made sales of £88,149 (2024: £43,171).

Included within other debtors due within one year is a a balance of £581,584 (2024: £92,429) due from a company connected by common control.

During the year Hive Legal Ltd made sales of £862,640 (2024: £800,848).

Included within other debtors due within one year is a a balance of £102,282 (2024: £138,527) due from a company connected by common control.

During the year Hive Legal Ltd made sales of £187,448 (2024: £182,114).

9.	ULTIMATE CONTROLLING PARTY