Alchem Process Limited - Accounts to registrar - small 17.2
Alchem Process Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st January 2017 |
| for |
| Alchem Process Limited |
| Alchem Process Limited (Registered number: 06833007) |
| Contents of the Financial Statements |
| for the Year Ended 31st January 2017 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Alchem Process Limited |
| Company Information |
| for the Year Ended 31st January 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Castle House |
| High Street |
| Ammanford |
| Carmarthenshire |
| SA18 2NB |
| Alchem Process Limited (Registered number: 06833007) |
| Abridged Balance Sheet |
| 31st January 2017 |
| 31.1.17 | 31.1.16 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Alchem Process Limited (Registered number: 06833007) |
| Abridged Balance Sheet - continued |
| 31st January 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| Alchem Process Limited (Registered number: 06833007) |
| Notes to the Financial Statements |
| for the Year Ended 31st January 2017 |
| 1. | STATUTORY INFORMATION |
| Alchem Process Limited is a |
| 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 |
| 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 |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income |
| Statement, 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet 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. |
| Alchem Process Limited (Registered number: 06833007) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st February 2016 |
| Additions |
| At 31st January 2017 |
| DEPRECIATION |
| At 1st February 2016 |
| Charge for year |
| At 31st January 2017 |
| NET BOOK VALUE |
| At 31st January 2017 |
| At 31st January 2016 |
| 5. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.1.17 | 31.1.16 |
| £ | £ |
| Bank loans |
| Due to factoring company |
| Bank borrowings and amounts advanced by Factors are secured by means of a charge over the |
| company's assets. |
| Alchem Process Limited (Registered number: 06833007) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2017 |
| 6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31st January 2017 |
| and 31st January 2016: |
| 31.1.17 | 31.1.16 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) |
| During the period the director paid interest of £62 (2016 £440) to the company in respect of the |
| above loan. The loan was repaid within nine months of the period end date. |
| 7. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A Lewis. |