Electronic Alchemy Ltd - Filleted accounts

Registered number

02962291

Electronic Alchemy Ltd

Unaudited Filleted Accounts

31 August 2025

Electronic Alchemy Ltd
Registered number:		02962291
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,455			1,141

Current assets
Debtors	4	17			48
Cash at bank and in hand		82,054			81,885
		82,071			81,933

Creditors: amounts falling due within one year	5	(392)			(434)

Net current assets			81,679			81,499

Net assets			83,134			82,640

Capital and reserves
Called up share capital			2			2
Profit and loss account			83,132			82,638

Shareholder's funds			83,134			82,640

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr W Price
Director
Approved by the board on 3 November 2025

Electronic Alchemy Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		-		-


3	Tangible fixed assets
					Equipment
£
	Cost
	At 1 September 2024				4,739
	Additions				1,083
	Disposals				(898)
	At 31 August 2025				4,924

	Depreciation
	At 1 September 2024				3,598
	Charge for the year				485
	On disposals				(614)
	At 31 August 2025				3,469

	Net book value
	At 31 August 2025				1,455
	At 31 August 2024				1,141


4	Debtors		2025		2024
£				£

	Other debtors		17		48


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		42		82
	Other creditors		350		352
			392		434


6	Other information

	Electronic Alchemy Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	4 Tudor Lodge
	Platt Meadow
	Guildford
	GU4 7EF