Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08656379 Mr William Morris Mr Bobby Dennis Mrs Lauren Morris Mrs Brooke Dennis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08656379 2023-08-31 08656379 2024-08-31 08656379 2023-09-01 2024-08-31 08656379 frs-core:CurrentFinancialInstruments 2024-08-31 08656379 frs-core:ComputerEquipment 2024-08-31 08656379 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08656379 frs-core:ComputerEquipment 2023-08-31 08656379 frs-core:FurnitureFittings 2024-08-31 08656379 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08656379 frs-core:FurnitureFittings 2023-08-31 08656379 frs-core:ShareCapital 2024-08-31 08656379 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08656379 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08656379 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08656379 frs-bus:SmallEntities 2023-09-01 2024-08-31 08656379 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08656379 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08656379 frs-bus:Director1 2023-09-01 2024-08-31 08656379 frs-bus:Director2 2023-09-01 2024-08-31 08656379 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 08656379 frs-bus:CompanySecretary2 2023-09-01 2024-08-31 08656379 1 2023-09-01 2024-08-31 08656379 frs-countries:EnglandWales 2023-09-01 2024-08-31 08656379 2022-08-31 08656379 2023-08-31 08656379 2022-09-01 2023-08-31 08656379 frs-core:CurrentFinancialInstruments 2023-08-31 08656379 frs-core:ShareCapital 2023-08-31 08656379 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 08656379 1 2022-09-01 2023-08-31
Registered number: 08656379
Alchemy Marketing Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08656379
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,341 15,399
7,341 15,399
CURRENT ASSETS
Debtors 5 195,092 105,226
Cash at bank and in hand 190,918 102,345
386,010 207,571
Creditors: Amounts Falling Due Within One Year 6 (121,748 ) (74,032 )
NET CURRENT ASSETS (LIABILITIES) 264,262 133,539
TOTAL ASSETS LESS CURRENT LIABILITIES 271,603 148,938
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,369 ) (3,369 )
NET ASSETS 270,234 145,569
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account 270,034 145,369
SHAREHOLDERS' FUNDS 270,234 145,569
Page 1
Page 2
For the year ending 31 August 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 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 William Morris
Director
7 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alchemy Marketing Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 08656379 . The registered office is 180 Borough High Street, London, England, SE1 1LB.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. 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:
Fixtures & fittings 25% Straight line
Computer equipment 33.33% Straight line
2.4. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.
2.5. Foreign Currencies
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
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Deferred tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 13 13
13 13
4. Tangible Assets
Fixtures & fittings Computer equipment Total
£ £ £
Cost
As at 1 September 2023 4,037 48,293 52,330
Additions - 1,599 1,599
As at 31 August 2024 4,037 49,892 53,929
Depreciation
As at 1 September 2023 2,350 34,581 36,931
Provided during the period 936 8,721 9,657
As at 31 August 2024 3,286 43,302 46,588
Net Book Value
As at 31 August 2024 751 6,590 7,341
As at 1 September 2023 1,687 13,712 15,399
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 192,152 90,616
Other debtors 2,940 14,610
195,092 105,226
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,205 3,824
Other creditors 5,101 4,252
Taxation and social security 112,442 65,956
121,748 74,032
7. Related Party Transactions
The total amount owed by an associated company is £2,400 (2023: £2,400) at the balance sheet date. 
Page 5