Alchemy Strategic Industries Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08061997 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2017

for

Alchemy Strategic Industries Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Qayyum

Mrs S Qayyum

REGISTERED OFFICE:

Congress House

14 Lyon Road

Harrow

Middlesex

HA1 2EN

REGISTERED NUMBER:

08061997 (England and Wales)

FIXED ASSETS

Tangible assets

4

291

388

CURRENT ASSETS

Debtors

5

5,060

-

Cash at bank and in hand

884

29,766

5,944

29,766

CREDITORS

Amounts falling due within one year

6

4,950

29,485

NET CURRENT ASSETS

994

281

TOTAL ASSETS LESS CURRENT LIABILITIES

1,285

669

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,185

569

SHAREHOLDERS' FUNDS

1,285

669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 19 February 2018 and were signed on its behalf by:

M Qayyum - Director

Mrs S Qayyum - Director

1.	STATUTORY INFORMATION

Alchemy Strategic Industries 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2016

and 31 May 2017

992

DEPRECIATION

At 1 June 2016

604

Charge for year

97

At 31 May 2017

701

NET BOOK VALUE

At 31 May 2017

291

At 31 May 2016

388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

VAT

60

-

Prepayments and accrued income

5,000

-

5,060

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Tax

4,098

10,977

VAT

-

5,074

Directors' current accounts

12

13,434

Accrued expenses

840

-

4,950

29,485

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

31.5.16

value:

£

£

100

Ordinary

100

100

100

8.	RELATED PARTY DISCLOSURES

The director's current account credit balance of £12 (2016: £13,434) relates to director Mr M Qayyum.

9.	ULTIMATE CONTROLLING PARTY