Alchemy Business Ventures Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08864013

Alchemy Business Ventures Ltd

Filleted Unaudited Financial Statements

31 January 2025

Alchemy Business Ventures Ltd

Financial Statements

Year Ended 31st January 2025

Contents	Page

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements	1

Statement of Financial Position	2

Notes to the Financial Statements	4

Alchemy Business Ventures Ltd

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Alchemy Business Ventures Ltd

Year Ended 31st January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alchemy Business Ventures Ltd for the year ended 31st January 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Alchemy Business Ventures Ltd, as a body, in accordance with the terms of our engagement letter dated 28th January 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Alchemy Business Ventures Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alchemy Business Ventures Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Alchemy Business Ventures Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Alchemy Business Ventures Ltd. You consider that Alchemy Business Ventures Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Alchemy Business Ventures Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MJ GREEN ACCOUNTANCY SERVICES LTD Chartered Certified Accountants

Unit 10 Silver End Business Park Brettell Lane Brierley Hill West Midlands DY5 3LG

31 October 2025

Alchemy Business Ventures Ltd

Statement of Financial Position

31 January 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	5	1,947,999	1,646,866

Current Assets

Debtors	6	9,597	23,062
Cash at bank and in hand		6,673	39,807
		--------	--------
		16,270	62,869

Creditors: amounts falling due within one year	7	255,736	92,292
		---------	--------
Net Current Liabilities		239,466	29,423
		------------	------------
Total Assets Less Current Liabilities		1,708,533	1,617,443

Creditors: amounts falling due after more than one year	8	520,003	530,323

Provisions

Deferred tax	149,322	131,168
	------------	------------
Net Assets	1,039,208	955,952
	------------	------------

Capital and Reserves

Called up share capital	100	100
Statement of Comphensive Income	1,039,108	955,852
	------------	---------
Shareholders Funds	1,039,208	955,952
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31st January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Alchemy Business Ventures Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 31 October 2025 , and are signed on behalf of the board by:

A D Jones

Director

Company registration number: 08864013

Alchemy Business Ventures Ltd

Notes to the Financial Statements

Year Ended 31st January 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 10, Silver End Business Park, Brettell Lane, Brierley Hill, West Midlands, DY5 3LG.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	25% reducing balance
Fixtures & Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance
Computer Equipment	-	33% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible Assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Computer Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 1 Feb 2024	1,600,000	48,916	26,718	13,129	3,000	1,691,763
Additions	205,584	–	–	–	–	205,584
Revaluations	105,000	–	–	–	–	105,000
	------------	--------	--------	--------	-------	------------
At 31 Jan 2025	1,910,584	48,916	26,718	13,129	3,000	2,002,347
	------------	--------	--------	--------	-------	------------
Depreciation
At 1 Feb 2024	–	33,371	4,067	4,459	3,000	44,897
Charge for the year	–	3,885	3,398	2,168	–	9,451
	------------	--------	--------	--------	-------	------------
At 31 Jan 2025	–	37,256	7,465	6,627	3,000	54,348
	------------	--------	--------	--------	-------	------------
Carrying amount
At 31 Jan 2025	1,910,584	11,660	19,253	6,502	–	1,947,999
	------------	--------	--------	--------	-------	------------
At 31 Jan 2024	1,600,000	15,545	22,651	8,670	–	1,646,866
	------------	--------	--------	--------	-------	------------

As at 31st January 2025, the investment properties held were valued by A D Jones , a director of the company, using his extensive knowledge of the local property market.

6. Debtors

	2025	2024
	£	£
Trade debtors	7,229	5,026
Other debtors	2,368	18,036
	-------	--------
	9,597	23,062
	-------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,289	10,048
Trade creditors	268	8,734
Corporation tax	9,464	1,256
Social security and other taxes	609	–
Other creditors	235,106	72,254
	---------	--------
	255,736	92,292
	---------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	520,003	530,323
	---------	---------

9. Deferred Tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	149,322	131,168
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	7,109	8,905
Fair value adjustment of investment property	142,213	122,263
	---------	---------
	149,322	131,168
	---------	---------

10. Directors' Advances, Credits and Guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
E Jones	( 19,313)	( 137,807)	75,184	( 81,936)
A D Jones	( 50,141)	( 174,689)	77,303	( 147,527)
	--------	---------	---------	---------
	( 69,454)	( 312,496)	152,487	( 229,463)
	--------	---------	---------	---------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
E Jones	( 7,187)	( 12,126)	–	( 19,313)
A D Jones	( 66,666)	( 138,223)	154,748	( 50,141)
	--------	---------	---------	--------
	( 73,853)	( 150,349)	154,748	( 69,454)
	--------	---------	---------	--------

The credits to the directors were made on an interest free basis and are repayable on demand.