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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
Page
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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
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ALCHEMY PARTS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
178,200 
198,000 
Tangible assets
568 
650 
178,768 
198,650 
Current assets
Inventories
286,456 
391,755 
Debtors
44,515 
34,063 
Cash at bank and in hand
146,436 
267,391 
477,407 
693,209 
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 
Capital and reserves
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
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ALCHEMY PARTS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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 GBP.
Tangible fixed assets
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
396,000 
At 31 March 2024
396,000 
Amortisation
At 1 April 2023
198,000 
Charge for the year
19,800 
At 31 March 2024
217,800 
Net book value
At 31 March 2024
178,200 
At 31 March 2023
198,000 
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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 
Additions
- 
370 
370 
At 31 March 2024
7,345 
8,857 
16,202 
Depreciation
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 
Net book value
At 31 March 2024
153 
415 
568 
At 31 March 2023
545 
105 
650 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,190 
21,138 
Accrued income and prepayments
325 
- 
Other debtors
- 
12,925 
44,515 
34,063 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,263 
12,865 
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 
Accruals
- 
7,450 
46,459 
146,896 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
22,355 
9
Average number of employees
During the year the average number of employees was 6 (2023: 7).
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