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Company Registration No. SC508404 (Scotland)
SEQUELGATE TECHNOLOGY SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2023
SEQUELGATE TECHNOLOGY SOLUTIONS LTD Unaudited accounts Contents
Page
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SEQUELGATE TECHNOLOGY SOLUTIONS LTD Company Information for the year ended 31 March 2023
Director
Krishna Murty Arekapudi
Company Number
SC508404 (Scotland)
Registered Office
17/3 Appin Place, Edinburgh Scotland EH14 1NJ
Accountants
Ultimate Accounting & Tax Solutions Ltd 27 Longbridge Road Barking Essex IG11 8TN
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SEQUELGATE TECHNOLOGY SOLUTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
38,952 
32,952 
Cash at bank and in hand
1,128 
147 
40,080 
33,099 
Creditors: amounts falling due within one year
(18,200)
(14,076)
Net current assets
21,880 
19,023 
Total assets less current liabilities
21,880 
19,023 
Creditors: amounts falling due after more than one year
(20,665)
(21,182)
Net assets/(liabilities)
1,215 
(2,159)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,115 
(2,259)
Shareholders' funds
1,215 
(2,159)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 January 2023 and were signed on its behalf by
Krishna Murty Arekapudi Director Company Registration No. SC508404
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SEQUELGATE TECHNOLOGY SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
SEQUELGATE TECHNOLOGY SOLUTIONS LTD is a private company, limited by shares, registered in Scotland, registration number SC508404. The registered office is 17/3 Appin Place, Edinburgh, Scotland, EH14 1NJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
7,952 
7,952 
Amounts falling due after more than one year
Accrued income and prepayments
31,000 
25,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,288 
3,096 
Taxes and social security
8,772 
7,980 
Other creditors
3,000 
3,000 
Loans from directors
3,008 
- 
Accruals
132 
- 
18,200 
14,076 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,665 
21,182 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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