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Company Registration No. 10620305 (England and Wales)
Alchemy Hair Ltd Unaudited accounts for the year ended 29 February 2024
Alchemy Hair Ltd Unaudited accounts Contents
Page
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Alchemy Hair Ltd Company Information for the year ended 29 February 2024
Director
Thomas Kenehan
Company Number
10620305 (England and Wales)
Registered Office
The Windrush High Street Moreton-in-Marsh Gloucestershire GL56 0LH England
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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Alchemy Hair Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,642 
4,553 
Current assets
Inventories
5,500 
4,750 
Debtors
4,220 
6,965 
Cash at bank and in hand
25,531 
10,721 
35,251 
22,436 
Creditors: amounts falling due within one year
(30,939)
(38,180)
Net current assets/(liabilities)
4,312 
(15,744)
Total assets less current liabilities
7,954 
(11,191)
Provisions for liabilities
Deferred tax
(692)
(865)
Net assets/(liabilities)
7,262 
(12,056)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,261 
(12,057)
Shareholders' funds
7,262 
(12,056)
For the year ending 29 February 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2024 and were signed on its behalf by
Thomas Kenehan Director Company Registration No. 10620305
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Alchemy Hair Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Alchemy Hair Ltd is a private company, limited by shares, registered in England and Wales, registration number 10620305. The registered office is The Windrush, High Street, Moreton-in-Marsh, Gloucestershire, GL56 0LH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
7,284 
1,205 
2,522 
11,011 
At 29 February 2024
7,284 
1,205 
2,522 
11,011 
Depreciation
At 1 March 2023
4,524 
666 
1,268 
6,458 
Charge for the year
552 
108 
251 
911 
At 29 February 2024
5,076 
774 
1,519 
7,369 
Net book value
At 29 February 2024
2,208 
431 
1,003 
3,642 
At 28 February 2023
2,760 
539 
1,254 
4,553 
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Alchemy Hair Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,000 
2,402 
Other debtors
2,220 
4,563 
4,220 
6,965 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,078 
3,759 
Taxes and social security
17,810 
23,043 
Other creditors
10,000 
11,021 
Loans from directors
51 
357 
30,939 
38,180 
7
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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