Company Registration No. 08279116 (England and Wales)
ALCHEMY PARTS LIMITED
Unaudited accounts
for the year ended 31 March 2024
ALCHEMY PARTS LIMITED
Unaudited accounts
Contents
ALCHEMY PARTS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Andrea Dwyer
Roy Aaronson
Company Number
08279116 (England and Wales)
Registered Office
UNIT 4 KNUWAY HOUSE
CRANBORNE ROAD
POTTERS BAR
HERTS
EN6 3JN
Accountants
Your Cloud Accountant Limited
The Keep
Creech Castle
Taunton
Somerset
TA1 2DX
ALCHEMY PARTS LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
178,200
198,000
Inventories
286,456
391,755
Cash at bank and in hand
146,436
267,391
Creditors: amounts falling due within one year
(46,459)
(146,896)
Net current assets
430,948
546,313
Total assets less current liabilities
609,716
744,963
Creditors: amounts falling due after more than one year
-
(22,355)
Net assets
609,716
722,608
Called up share capital
900
900
Profit and loss account
608,816
721,708
Shareholders' funds
609,716
722,608
For the year ending 31 March 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 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 of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Roy Aaronson
Director
Company Registration No. 08279116
ALCHEMY PARTS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ALCHEMY PARTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08279116. The registered office is UNIT 4 KNUWAY HOUSE, CRANBORNE ROAD, POTTERS BAR, HERTS, EN6 3JN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in GBP.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures & fittings
10% Straight Line
Other tangible fixed assets
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
19,800
ALCHEMY PARTS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
7,345
8,487
15,832
At 31 March 2024
7,345
8,857
16,202
At 1 April 2023
6,800
8,382
15,182
Charge for the year
392
60
452
At 31 March 2024
7,192
8,442
15,634
At 31 March 2024
153
415
568
At 31 March 2023
545
105
650
Amounts falling due within one year
Trade debtors
44,190
21,138
Accrued income and prepayments
325
-
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,748
25,735
Taxes and social security
17,793
49,375
Other creditors
2,391
3,066
Loans from directors
5,264
48,405
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 6 (2023: 7).