Alkemica International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02328879 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

ALKEMICA INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Nyalchand Chandaria

Diple Chandaria

SECRETARY:

Diple Chandaria

REGISTERED OFFICE:

4 Saddlers Close

Pinner

Harrow

HA5 4BA

REGISTERED NUMBER:

02328879 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

9 Mansfield Street

London

W1G 9NY

FIXED ASSETS

Tangible assets

4

1,870

2,254

CURRENT ASSETS

Debtors

5

210,262

182,961

Cash at bank

283,519

251,866

493,781

434,827

CREDITORS

Amounts falling due within one year

6

100,632

109,964

NET CURRENT ASSETS

393,149

324,863

TOTAL ASSETS LESS CURRENT LIABILITIES

395,019

327,117

CREDITORS

Amounts falling due after more than one year

7

(38,538

)

-

PROVISIONS FOR LIABILITIES

(355

)

-

NET ASSETS

356,126

327,117

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

356,026

327,017

SHAREHOLDERS' FUNDS

356,126

327,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2022 and were signed on its behalf by:

Nyalchand Chandaria - Director

1.	STATUTORY INFORMATION

Alkemica International Limited is a private company, limited by shares , registered in England and Wales. 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.

Computer equipment

-

25% on reducing balance

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

3,006

Additions

239

At 31 March 2021

3,245

DEPRECIATION

At 1 April 2020

752

Charge for year

623

At 31 March 2021

1,375

NET BOOK VALUE

At 31 March 2021

1,870

At 31 March 2020

2,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

38,368

11,314

Amounts owed by group undertakings

170,852

170,852

Other debtors

1,042

795

210,262

182,961

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

4,462

-

Trade creditors

33,302

42,058

Taxation and social security

6,978

5,937

Other creditors

55,890

61,969

100,632

109,964

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

38,538

-

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Nyal Chandaria (director) and Nemu Chandaria as directors and shareholders of Farmachem Limited, the parent company of Alkemica International Limited.