Company registration number 09517316 (England and Wales)
JP SEQUENCE UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
JP SEQUENCE UK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
JP SEQUENCE UK LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,183
1,004
Current assets
Debtors
4
754
10,834
Investments
5
1,884
2,013
Cash at bank and in hand
34,057
36,698
36,695
49,545
Creditors: amounts falling due within one year
6
(27,370)
(25,498)
Net current assets
9,325
24,047
Net assets
10,508
25,051
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
10,507
25,050
Total equity
10,508
25,051

The notes on pages 2 to 4 form part of these financial statements.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 26 October 2023
Mr J A Steer
Director
Company registration number 09517316 (England and Wales)
JP SEQUENCE UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

JP Sequence UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 88 Hill Village Road, Four Oaks, Sutton Coldfield, West Midlands, England, B75 5BE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention.

1.2
Turnover

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

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on cost
Computers
33% on cost
1.4
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 tax

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 by not reversed at the balance sheet date.

 

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different form those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have 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.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

JP SEQUENCE UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022
2,962
Additions
583
At 31 March 2023
3,545
Depreciation and impairment
At 1 April 2022
1,958
Depreciation charged in the year
404
At 31 March 2023
2,362
Carrying amount
At 31 March 2023
1,183
At 31 March 2022
1,004
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
-
0
10,080
Other debtors
754
754
754
10,834
5
Current asset investments
2023
2022
£
£
Other investments
1,884
2,013
JP SEQUENCE UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
2,142
-
0
Corporation tax
12,512
13,932
Other taxation and social security
3,963
4,817
Other creditors
8,753
6,749
27,370
25,498
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of 1p each
100
100
1
1
2023-03-312022-04-01false26 October 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr J A Steerfalse095173162022-04-012023-03-31095173162023-03-31095173162022-03-3109517316core:OtherPropertyPlantEquipment2023-03-3109517316core:OtherPropertyPlantEquipment2022-03-3109517316core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3109517316core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3109517316core:CurrentFinancialInstruments2023-03-3109517316core:CurrentFinancialInstruments2022-03-3109517316core:ShareCapital2023-03-3109517316core:ShareCapital2022-03-3109517316core:RetainedEarningsAccumulatedLosses2023-03-3109517316core:RetainedEarningsAccumulatedLosses2022-03-3109517316bus:Director12022-04-012023-03-3109517316core:PlantMachinery2022-04-012023-03-3109517316core:ComputerEquipment2022-04-012023-03-31095173162021-04-012022-03-3109517316core:OtherPropertyPlantEquipment2022-03-3109517316core:OtherPropertyPlantEquipment2022-04-012023-03-3109517316core:WithinOneYear2023-03-3109517316core:WithinOneYear2022-03-3109517316bus:PrivateLimitedCompanyLtd2022-04-012023-03-3109517316bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3109517316bus:FRS1022022-04-012023-03-3109517316bus:AuditExemptWithAccountantsReport2022-04-012023-03-3109517316bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP