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Company Registration No. 11815022 (England and Wales)
Alchemy Organic Salons Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Alchemy Organic Salons Ltd Unaudited accounts Contents
Page
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Alchemy Organic Salons Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Director
James David Ward
Company Number
11815022 (England and Wales)
Registered Office
14 WINCHESTER STREET BASINGSTOKE RG21 7DZ UNITED KINGDOM
Accountants
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW
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Alchemy Organic Salons Ltd Accountants' report
Accountants' report to the director of Alchemy Organic Salons Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the period from 1 March 2023 to 28 February 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the period from 1 March 2023 to 28 February 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW 25 November 2024
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Alchemy Organic Salons Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,400 
42,977 
Current assets
Inventories
1,500 
- 
Cash at bank and in hand
4,109 
7,343 
5,609 
7,343 
Creditors: amounts falling due within one year
(35,132)
(35,671)
Net current liabilities
(29,523)
(28,328)
Total assets less current liabilities
12,877 
14,649 
Creditors: amounts falling due after more than one year
(9,630)
(9,149)
Net assets
3,247 
5,500 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,245 
5,498 
Shareholders' funds
3,247 
5,500 
For the period ending 28 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 25 November 2024 and were signed on its behalf by
James David Ward Director Company Registration No. 11815022
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Alchemy Organic Salons Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Alchemy Organic Salons Ltd is a private company, limited by shares, registered in England and Wales, registration number 11815022. The registered office is 14 WINCHESTER STREET, BASINGSTOKE, RG21 7DZ, UNITED KINGDOM.
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 period, 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:
Fixtures & fittings
20% Straight Line
Computer equipment
33.3% Straight Line
Other tangible fixed assets
20% Straight Line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
63,354 
4,933 
2,588 
70,875 
Additions
14,746 
2,497 
- 
17,243 
At 28 February 2024
78,100 
7,430 
2,588 
88,118 
Depreciation
At 1 March 2023
22,390 
2,789 
2,719 
27,898 
Charge for the period
15,620 
2,809 
(321)
18,108 
Surplus on revaluation
- 
(288)
- 
(288)
At 28 February 2024
38,010 
5,310 
2,398 
45,718 
Net book value
At 28 February 2024
40,090 
2,120 
190 
42,400 
At 28 February 2023
40,964 
2,144 
(131)
42,977 
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Alchemy Organic Salons Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,881 
6,000 
VAT
6,818 
5,787 
Trade creditors
1,431 
2,233 
Taxes and social security
4,454 
8,121 
Loans from directors
13,548 
13,530 
35,132 
35,671 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,630 
9,149 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the period the average number of employees was 8 (2023: 8).
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