Hive Media Control Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Hive Media Control Ltd for the year ended 31 March 2026

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Hive Media Control Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the directors of Hive Media Control Ltd , as a body, in accordance with the terms of our engagement letter dated 24 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of Hive Media Control Ltd and state those matters that we have agreed to state to the directors of Hive Media Control Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hive Media Control Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Hive Media Control Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Hive Media Control Ltd . You consider that Hive Media Control Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hive Media Control Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

9th October 2026

Allen Rose

Chartered Certified Accountants

Creative Industries Building, Mammoth Drive

Wolverhampton Science Park

Wolverhampton

WV10 9TG

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Hive Media Control Ltd

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 10752781

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		19,308		461,059
Tangible Assets	5		73,022		82,671

			92,330		543,730
CURRENT ASSETS
Stocks	6	476,943		325,493
Debtors	7	251,195		183,450
Cash at bank and in hand		414,588		268,032

		1,142,726		776,975
Creditors: Amounts Falling Due Within One Year	8	(631,795 )		(172,265 )

NET CURRENT ASSETS (LIABILITIES)			510,931		604,710

TOTAL ASSETS LESS CURRENT LIABILITIES			603,261		1,148,440

NET ASSETS			603,261		1,148,440

CAPITAL AND RESERVES
Called up share capital	9		456		456
Share premium account			1,624,907		1,624,907
Profit and Loss Account			(1,022,102 )		(476,923 )

SHAREHOLDERS' FUNDS			603,261		1,148,440

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Hive Media Control Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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 Profit and Loss Account.

On behalf of the board

D A Green

Director

9th October 2026

The notes on pages 4 to 6 form part of these financial statements.

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Hive Media Control Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Hive Media Control Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10752781 . The registered office is Unit 2 Riverside House, Sedgwick Lane, Horsham, West Sussex, RH13 6QE.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £1.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are in relation to website development costs. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to profit and loss account on a straight line basis over their expected useful economic lives.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.5. 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:

Leasehold	10% Straight Line Basis
Plant & Machinery	20% Straight Line Basis
Fixtures & Fittings	20% Straight Line Basis
Computer Equipment	25% Straight Line Basis

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Hive Media Control Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 6)

4. Intangible Assets

	Other	Development Costs	Total
	£	£	£
Cost
As at 1 April 2025	48,270	432,097	480,367

As at 31 March 2026	48,270	432,097	480,367

Amortisation
As at 1 April 2025	19,308	-	19,308
Provided during the period	9,654	-	9,654
Impairment losses	-	432,097	432,097

As at 31 March 2026	28,962	432,097	461,059

Net Book Value
As at 31 March 2026	19,308	-	19,308

As at 1 April 2025	28,962	432,097	461,059

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	14,317	24,623	7,896	80,700	127,536
Additions	-	868	1,111	18,964	20,943

As at 31 March 2026	14,317	25,491	9,007	99,664	148,479

Depreciation
As at 1 April 2025	2,863	10,341	3,019	28,642	44,865
Provided during the period	1,432	4,939	1,802	22,419	30,592

As at 31 March 2026	4,295	15,280	4,821	51,061	75,457

Net Book Value
As at 31 March 2026	10,022	10,211	4,186	48,603	73,022

As at 1 April 2025	11,454	14,282	4,877	52,058	82,671

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Hive Media Control Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Stocks

	2026	2025
	£	£
Materials	476,943	325,493

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	167,356	171,456
Other debtors	83,839	11,994

	251,195	183,450

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	226,492	16,439
Other creditors	339,466	119,136
Taxation and social security	65,837	36,690

	631,795	172,265

9. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	-	100
Called Up Share Capital has been paid up	456	356

Amount of Allotted, Called Up Share Capital	456	456

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