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
Alchemy Organic Salons Ltd
Company Information
for the period from 1 March 2023 to 28 February 2024
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
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
Alchemy Organic Salons Ltd
Statement of financial position
as at 28 February 2024
Tangible assets
42,400
42,977
Cash at bank and in hand
4,109
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)
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
Alchemy Organic Salons Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 28 February 2024
40,090
2,120
190
42,400
At 28 February 2023
40,964
2,144
(131)
42,977
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
Trade creditors
1,431
2,233
Taxes and social security
4,454
8,121
Loans from directors
13,548
13,530
6
Creditors: amounts falling due after more than one year
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).