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REGISTERED NUMBER: OC411948 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024

FOR

SEQUENCE ADVISERS LLP

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST MAY 2024




Page

General Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


SEQUENCE ADVISERS LLP

GENERAL INFORMATION
for the Year Ended 31ST MAY 2024







DESIGNATED MEMBERS: T D Ramsden
G R Smith





REGISTERED OFFICE: 327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN





REGISTERED NUMBER: OC411948 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MAY 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 80 102
Property, plant and equipment 5 1,745 2,603
1,825 2,705

CURRENT ASSETS
Debtors 21,136 6,856
Cash at bank 107,311 148,979
128,447 155,835
CREDITORS
Amounts falling due within one year 31,430 51,796
NET CURRENT ASSETS 97,017 104,039
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

98,842

106,744

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

98,842

106,744

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 98,842 106,744

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st May 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MAY 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st May 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25th July 2024 and were signed by:





T D Ramsden - Designated member

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST MAY 2024

1. STATUTORY INFORMATION

Sequence Advisers LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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

Contingent revenue is only recognised when:

- the amount of revenue can be measured reliably;
- it is probable that the economic benefits associated with the transaction will flow to the entity;
- the stage of completion of the transaction at the end of the reporting period can be measured reliably;
and
- the costs incurred for the transaction and the costs to complete the transaction can be measured
reliably.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured
at cost less any accumulated amortisation and any accumulated impairment losses.

Patents, trade marks and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST MAY 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st June 2023
and 31st May 2024 220
AMORTISATION
At 1st June 2023 118
Amortisation for year 22
At 31st May 2024 140
NET BOOK VALUE

At 31st May 2024 80
At 31st May 2023 102

5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1st June 2023 7,789
Additions 773
At 31st May 2024 8,562
DEPRECIATION
At 1st June 2023 5,186
Charge for year 1,631
At 31st May 2024 6,817
NET BOOK VALUE
At 31st May 2024 1,745
At 31st May 2023 2,603

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31/5/24 31/5/23
£    £   
Within one year 12,060 11,460

SEQUENCE ADVISERS LLP (REGISTERED NUMBER: OC411948)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST MAY 2024

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31/5/24 31/5/23
£    £   
Amounts owed to members in respect of profits 38,842 51,744
Capital account 60,000 55,000
98,842 106,744

Falling due within one year 98,842 106,744

The LLP is financed through a combination of members' capital, undistributed profits and working
capital retentions.

In the event of winding up, amounts in 'Loans and other debts due to members' (other than members'
capital classified as debt) would rank pari passu to other creditors who are unsecured. The protection
afforded to creditors in such an event which is legally enforceable and cannot be revoked solely by a
decision of the members is that provided by the Insolvency Act.

There are no restrictions or limitations existing on the ability of the members to reduce the amount of
'Members' other interests'.