Acorah Software Products - Accounts Production 19.3.600 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 08834029 Mr Ben Dickie Mr Lyndon Docherty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08834029 2025-01-31 08834029 2026-01-31 08834029 2025-02-01 2026-01-31 08834029 frs-core:CurrentFinancialInstruments 2026-01-31 08834029 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-02-01 2026-01-31 08834029 frs-core:PlantMachinery 2026-01-31 08834029 frs-core:PlantMachinery 2025-02-01 2026-01-31 08834029 frs-core:PlantMachinery 2025-01-31 08834029 frs-core:SharePremium 2026-01-31 08834029 frs-core:ShareCapital 2026-01-31 08834029 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 08834029 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 08834029 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 08834029 frs-bus:SmallEntities 2025-02-01 2026-01-31 08834029 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 08834029 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 08834029 frs-bus:Director1 2025-02-01 2026-01-31 08834029 frs-bus:Director2 2025-02-01 2026-01-31 08834029 frs-countries:EnglandWales 2025-02-01 2026-01-31 08834029 2024-01-31 08834029 2025-01-31 08834029 2024-02-01 2025-01-31 08834029 frs-core:CurrentFinancialInstruments 2025-01-31 08834029 frs-core:SharePremium 2025-01-31 08834029 frs-core:ShareCapital 2025-01-31 08834029 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 08834029
Hivemind Network Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Tanners Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08834029
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,394 12,267
11,394 12,267
CURRENT ASSETS
Debtors 5 327,613 475,666
Cash at bank and in hand 1,354,179 2,101,930
1,681,792 2,577,596
Creditors: Amounts Falling Due Within One Year 6 (826,289 ) (1,690,465 )
NET CURRENT ASSETS (LIABILITIES) 855,503 887,131
TOTAL ASSETS LESS CURRENT LIABILITIES 866,897 899,398
NET ASSETS 866,897 899,398
CAPITAL AND RESERVES
Called up share capital 7 1,899 3,424
Share premium account 35,964 35,964
Profit and Loss Account 829,034 860,010
SHAREHOLDERS' FUNDS 866,897 899,398
Page 1
Page 2
For the year ending 31 January 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
Mr Lyndon Docherty
Director
27/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hivemind Network Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08834029 . The registered office is Anvil Cottage, Dodds Lane, Pyrford, Surrey, GU22 8UW.
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 represents net invoiced sales of services, excluding value added tax.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Development costs are being amortised evenly over their estimated useful life of three years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery etc - 50% on cost and 25% on cost
2.5. 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.
2.6. 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 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.
2.7. Pensions
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 14)
12 14
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 February 2025 203,450
Additions 6,878
Disposals (3,667 )
As at 31 January 2026 206,661
Depreciation
As at 1 February 2025 191,183
Provided during the period 6,925
Disposals (2,841 )
As at 31 January 2026 195,267
Net Book Value
As at 31 January 2026 11,394
As at 1 February 2025 12,267
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 252,272 397,509
Other debtors 75,341 78,157
327,613 475,666
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 334,070 639,190
Other creditors 461,943 992,667
Taxation and social security 30,276 58,608
826,289 1,690,465
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,899 3,424
8. Related Party Transactions
At the year end the director, Lyndon Docherty, advanced the company £226 (As at 31st Jan 2025: £1,586). The loan is unsecured, interest free and repayable on demand.
At the year end the director, Ben Dickie, advanced the company £595 (As at 31st Jan 2025: £312). The loan is unsecured, interest free and repayable on demand.
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