REGISTERED NUMBER: 12077035 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

Hive Protect Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P W Taylor

Mr I Y Lam

REGISTERED OFFICE:

Ground Floor Unit 4

Bredon House Almondsbury Business Centre

Bradley Stoke

Bristol

Gloucestershire

BS32 4QH

REGISTERED NUMBER:

12077035 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investments

4

757,350

757,350

CURRENT ASSETS

Cash at bank

6,821

832

CREDITORS

Amounts falling due within one year

5

102,308

93,587

NET CURRENT LIABILITIES

(95,487

)

(92,755

)

TOTAL ASSETS LESS CURRENT LIABILITIES

661,863

664,595

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

661,763

664,495

SHAREHOLDERS' FUNDS

661,863

664,595

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 27th July 2026 and were signed on its behalf by:

Mr P W Taylor - Director

Mr I Y Lam - Director

1.	STATUTORY INFORMATION

Hive Protect Group 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.

The financial statements are presented in sterling (£), which is the functional currency of the company.

Preparation of consolidated financial statements

The financial statements contain information about Hive Protect Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Critical accounting judgements and key sources of estimation uncertainty

The directors consider that there are no critical judgements or key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2025

and 31st December 2025

757,350

NET BOOK VALUE

At 31st December 2025

757,350

At 31st December 2024

757,350

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

101,186

92,447

Accruals and deferred income

1,122

1,140

102,308

93,587

6.	SECURED DEBTS

The Company had no secured liabilities at the balance sheet date.

7.	FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'.

Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities

Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

225 Ordinary A each with a nominal value of £0.10

225 Ordinary B each with a nominal value of £0.10

50 Ordinary C each with a nominal value of £0.10

500 Ordinary D each with a nominal value of £0.10

9.

RESERVES

Retained

earnings

£

At 1st January 2025

664,495

Profit for the year

347,268

Dividends

(350,000

)

At 31st December 2025

661,763

10.	CONTINGENT LIABILITIES

The Company had no contingent liabilities at the balance sheet date.

11.	RELATED PARTY DISCLOSURES

During the year, the Company entered into the following transactions with its wholly owned subsidiary, Hive Insurance Services Ltd:

Dividends of £350,000 were received from Hive Insurance Services Ltd.

Other transactions with the subsidiary totalled £8,739 during the year.

At the balance sheet date, the Company owed Hive Insurance Services Ltd £101,186 (2024: £92,447).

The balance is unsecured, interest-free and repayable on demand.

12.	POST BALANCE SHEET EVENTS

There have been no events after the balance sheet date affecting the Company since the financial period.

13.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party, as no individual shareholder or entity has a controlling interest in Hive Protect Group Ltd.

14.	CASH & CASH EQUIVALENTS

Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Cash and cash equivalents consist solely of balances held in the Company's bank current account. The Company does not hold any short-term investments and does not operate an overdraft facility.

15.	FUNCTIONAL AND PRESENTATION CURRENCY

The financial statements are presented in Pounds Sterling (£), which is the Company's functional and presentation currency.

16.	WHOLLY OWNED SUBSIDIARY

The Company holds an investment in the following wholly owned subsidiary undertaking:

Name: Hive Insurance Services Ltd

Country of incorporation: England and Wales

Class of shares held: Ordinary shares

Proportion of ownership: 100%

The investment is stated at cost less any impairment.

At the balance sheet date, the carrying value of the investment is £757,350 (2024: £757,350).

The Directors have reviewed the carrying value of the investment and do not consider that any impairment is required.

17.	GOING CONCERN

The financial statements have been prepared on a going concern basis. The directors have considered the Company's financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.