Caseware UK (AP4) 2023.0.135 2023.0.135 true2022-07-01falseThe principal activity of the company during the period was that of a holding company.22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12525247 2022-07-01 2023-06-30 12525247 2021-07-01 2022-06-30 12525247 2023-06-30 12525247 2022-06-30 12525247 c:Director1 2022-07-01 2023-06-30 12525247 d:CurrentFinancialInstruments 2023-06-30 12525247 d:CurrentFinancialInstruments 2022-06-30 12525247 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12525247 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12525247 d:ShareCapital 2023-06-30 12525247 d:ShareCapital 2022-06-30 12525247 d:RetainedEarningsAccumulatedLosses 2023-06-30 12525247 d:RetainedEarningsAccumulatedLosses 2022-06-30 12525247 c:OrdinaryShareClass1 2022-07-01 2023-06-30 12525247 c:OrdinaryShareClass1 2023-06-30 12525247 c:OrdinaryShareClass1 2022-06-30 12525247 c:OrdinaryShareClass2 2022-07-01 2023-06-30 12525247 c:OrdinaryShareClass2 2023-06-30 12525247 c:OrdinaryShareClass2 2022-06-30 12525247 c:OrdinaryShareClass3 2022-07-01 2023-06-30 12525247 c:OrdinaryShareClass3 2023-06-30 12525247 c:OrdinaryShareClass3 2022-06-30 12525247 c:FRS102 2022-07-01 2023-06-30 12525247 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12525247 c:FullAccounts 2022-07-01 2023-06-30 12525247 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12525247 d:Subsidiary1 2022-07-01 2023-06-30 12525247 d:Subsidiary1 1 2022-07-01 2023-06-30 12525247 d:Subsidiary2 2022-07-01 2023-06-30 12525247 d:Subsidiary2 1 2022-07-01 2023-06-30 12525247 d:Subsidiary3 2022-07-01 2023-06-30 12525247 d:Subsidiary3 1 2022-07-01 2023-06-30 12525247 6 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12525247










Alchemy Care Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 30 June 2023

 
Alchemy Care Holdings Limited
Registered number: 12525247

Balance Sheet
As at 30 June 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,951,539
2,951,539

  
2,951,539
2,951,539

Current assets
  

Debtors: amounts falling due within one year
 5 
299,156
216,291

Cash at bank and in hand
  
3,799
23,242

  
302,955
239,533

Creditors: amounts falling due within one year
 6 
(1,825,866)
(1,731,602)

Net current liabilities
  
 
 
(1,522,911)
 
 
(1,492,069)

Total assets less current liabilities
  
1,428,628
1,459,470

  

Net assets
  
1,428,628
1,459,470


Capital and reserves
  

Called up share capital 
 7 
1,350,640
1,350,640

Profit and loss account
  
77,988
108,830

  
1,428,628
1,459,470


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
G Twocock
Director
Date: 22 February 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
Alchemy Care Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2023

1.


General information

Alchemy Care Holdings Limited is a private company, limited by share capital, and incorporated in England and Wales, registration number 12525247. The registered office address is 15-21 Perryfield Road, Crawley, West Sussex, RH11 8AA.
The financial statements are presented in sterling and 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 unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

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

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 2

 
Alchemy Care Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2023

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2022
2,951,539



At 30 June 2023
2,951,539





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Alchemy Care (Greensleeves) Limited
United Kingdom
Ordinary
100%
Alchemy Care Property Limited
United Kingdom
Ordinary
100%
Cornelius House Limited
United Kingdom
Ordinary
100%

The aggregate of the share capital and reserves as at 30 June 2023 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

Alchemy Care (Greensleeves) Limited
1,536,471
96,620

Alchemy Care Property Limited
116,165
35,438

Cornelius House Limited
633,457
(76,532)

Page 3

 
Alchemy Care Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
290,963
171,348

Other debtors
8,193
44,943

299,156
216,291



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,817,337
1,716,937

Corporation tax
-
6,691

Other creditors
5,694
5,694

Accruals and deferred income
2,835
2,280

1,825,866
1,731,602



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,350,440 (2022 - 1,350,440) Ordinary shares of £1.00 each
1,350,440
1,350,440
100 (2022 - 100) Ordinary A shares of £1.00 each
100
100
100 (2022 - 100) Ordinary B shares of £1.00 each
100
100

1,350,640

1,350,640



8.


Related party transactions

During the year the company continued to provide an interest-free loan to one of the directors. This has been repaid during the year. At the balance sheet date, the amount due to the company was £Nil (2022 - £30,059).
During the year one director continued to provide an interest-free loan to the company. At the balance sheet date, the amount due to the director was £5,694 (2022 - £5,694).


9.


Controlling party

Alchemy Care Holdings Limited is owned by the directors.


Page 4