Alchemy Management Solutions Ltd - Period Ending 2015-08-31

Registration number: 08176710

Alchemy Management Solutions Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2015
 

Alchemy Management Solutions Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Alchemy Management Solutions Ltd
(Registration number: 08176710)
Abbreviated Balance Sheet at 31 August 2015

		Note			2015 £			2014 £
Current assets
Debtors					5,998			-
Cash at bank and in hand					9,567			13,935
					15,565			13,935
Creditors: Amounts falling due within one year					(4,683)			(3,080)
Net assets					10,882			10,855
Capital and reserves
Called up share capital		2			10			10
Profit and loss account					10,872			10,845
Shareholders' funds					10,882			10,855

For the year ending 31 August 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 22 December 2015 and signed on its behalf by:

.........................................
Charles Hendry
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Alchemy Management Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		10			10			10			10

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