REGISTERED NUMBER: SC392776 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Alchemy Plant & Contracting Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A N Jamieson

REGISTERED OFFICE:

Port na Cuile

Gallanach Road

Oban

Argyllshire

PA34 4QH

REGISTERED NUMBER:

SC392776 (Scotland)

ACCOUNTANTS:

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

FIXED ASSETS

Tangible assets

4

710,927

728,576

CURRENT ASSETS

Stocks

131,186

64,151

Debtors

5

33,843

70,713

Cash at bank

441,567

395,072

606,596

529,936

CREDITORS

Amounts falling due within one year

6

139,879

154,194

NET CURRENT ASSETS

466,717

375,742

TOTAL ASSETS LESS CURRENT LIABILITIES

1,177,644

1,104,318

PROVISIONS FOR LIABILITIES

149,496

104,437

NET ASSETS

1,028,148

999,881

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,028,048

999,781

SHAREHOLDERS' FUNDS

1,028,148

999,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 May 2026 and were signed by:

A N Jamieson - Director

1.	STATUTORY INFORMATION

Alchemy Plant & Contracting Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on reducing balance

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2025

317,301

1,515,577

1,832,878

Additions

-

129,628

129,628

Disposals

-

(55,000

)

(55,000

)

At 28 February 2026

317,301

1,590,205

1,907,506

DEPRECIATION

At 1 March 2025

41,069

1,063,233

1,104,302

Charge for year

5,259

100,768

106,027

Eliminated on disposal

-

(13,750

)

(13,750

)

At 28 February 2026

46,328

1,150,251

1,196,579

NET BOOK VALUE

At 28 February 2026

270,973

439,954

710,927

At 28 February 2025

276,232

452,344

728,576

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

25,936

57,552

Other debtors

7,907

13,161

33,843

70,713

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

-

25,079

Trade creditors

29,380

3,846

Taxation and social security

102,346

121,335

Other creditors

8,153

3,934

139,879

154,194

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

A N Jamieson

Balance outstanding at start of year

(18

)

(19,141

)

Amounts advanced

92,410

174,023

Amounts repaid

(92,400

)

(154,900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8

)

(18

)