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Registration number: 11392562

Alchemy AI Ltd

Annual Report and Financial Statements

for the Year Ended 29 February 2024

 

Alchemy AI Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Financial Statements

3

 

Alchemy AI Ltd

Company Information

Directors

Sarah-Louise Penhall

Jennie Marie Larson

Hugo Idler

Registered office

9 Barlings Road
Harpenden
Herts
AL5 2AL

Accountants

IA Accountants
Chartered Accountants
9 Barlings Road
Harpenden
Herts
AL5 2AL

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Alchemy AI Ltd
for the Year Ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alchemy AI Ltd for the year ended 29 February 2024 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Alchemy AI Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Alchemy AI Ltd and state those matters that we have agreed to state to the Board of Directors of Alchemy AI Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alchemy AI Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Alchemy AI 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 loss of Alchemy AI Ltd. You consider that Alchemy AI 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 Alchemy AI 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 statutory accounts.

......................................

IA Accountants
Chartered Accountants
9 Barlings Road
Harpenden
Herts
AL5 2AL

6 August 2024

 

Alchemy AI Ltd

(Registration number: 11392562)
Balance Sheet as at 29 February 2024

2024
£

2023
£

Fixed assets

2,220,258

2,221,743

Current assets

126,051

144,248

Creditors: Amounts falling due within one year

(2,198,438)

(2,169,707)

Net current liabilities

(2,072,387)

(2,025,459)

Total assets less current liabilities

147,871

196,284

Accruals and deferred income

(1,200)

(1,200)

 

146,671

195,084

Capital and reserves

146,671

195,084

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
9 Barlings Road
Harpenden
Herts
AL5 2AL
England

These financial statements were authorised for issue by the Board on 6 August 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 6 August 2024 and signed on its behalf by:
 

 

Alchemy AI Ltd

(Registration number: 11392562)
Balance Sheet as at 29 February 2024

.........................................
Hugo Idler
Director