Garden of Alchemy Limited
Company Information
for the year ended 31 August 2024
Directors
Annabelle Nicoll
Morten Osthus
Company Number
12821007 (England and Wales)
Registered Office
LITTLE OAKS BUCKHAM HILL
ISFIELD
UCKFIELD
TN22 5XU
ENGLAND
Accountants
Bloodwood Accounting Ltd
50 Linden Road
Birmingham
B30 1JU
Garden of Alchemy Limited
Statement of financial position
as at 31 August 2024
Intangible assets
42,955
42,955
Tangible assets
8,530
3,183
Cash at bank and in hand
1,156
5,044
Creditors: amounts falling due within one year
(44,755)
(41,008)
Net current liabilities
(42,032)
(35,476)
Called up share capital
10
10
Capital contribution reserve
2,200
2,200
Profit and loss account
7,243
8,452
Shareholders' funds
9,453
10,662
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 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 10 January 2025 and were signed on its behalf by
Morten Osthus
Director
Company Registration No. 12821007
Garden of Alchemy Limited
Notes to the Accounts
for the year ended 31 August 2024
Garden of Alchemy Limited is a private company, limited by shares, registered in England and Wales, registration number 12821007. The registered office is LITTLE OAKS BUCKHAM HILL, ISFIELD, UCKFIELD, TN22 5XU, ENGLAND.
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 £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
33.33% straight line
4
Intangible fixed assets
Other
At 1 September 2023
42,955
Garden of Alchemy Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
4,099
725
-
4,824
Additions
4,475
812
1,025
6,312
At 31 August 2024
8,574
1,537
1,025
11,136
At 1 September 2023
1,396
245
-
1,641
Charge for the year
820
145
-
965
At 31 August 2024
2,216
390
-
2,606
At 31 August 2024
6,358
1,147
1,025
8,530
At 31 August 2023
2,703
480
-
3,183
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,447
1,762
Loans from directors
38,073
39,246
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Current account - no interest, payable at call
39,246
-
1,173
38,073
9
Transactions with related parties
Directors lease part of their home, total value during the year = £5500
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).