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REGISTERED NUMBER: 05753850 (England and Wales)















Sequoia Developments
(Stratford upon Avon) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Sequoia Developments
(Stratford upon Avon) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr P L Evans
Mrs J Evans





SECRETARY: Mr P L Evans





REGISTERED OFFICE: Sequoia House
51 Shipston Road
Stratford upon Avon
Warwickshire
CV37 7LN





REGISTERED NUMBER: 05753850 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,177 2,702
Investment property 5 300,000 277,322
302,177 280,024

CURRENT ASSETS
Cash at bank 277,210 364,460

CREDITORS
Amounts falling due within one year 6 3,050 20,591
NET CURRENT ASSETS 274,160 343,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

576,337

623,893

PROVISIONS FOR LIABILITIES 57,000 52,250
NET ASSETS 519,337 571,643

CAPITAL AND RESERVES
Called up share capital 22 22
Fair value reserve 7 139,437 121,509
Retained earnings 379,878 450,112
SHAREHOLDERS' FUNDS 519,337 571,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by:





Mr P L Evans - Director


Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Sequoia Developments (Stratford upon Avon) 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 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 3,532
Additions 190
At 31 March 2024 3,722
DEPRECIATION
At 1 April 2023 830
Charge for year 715
At 31 March 2024 1,545
NET BOOK VALUE
At 31 March 2024 2,177
At 31 March 2023 2,702

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 277,322
Revaluations 22,678
At 31 March 2024 300,000
NET BOOK VALUE
At 31 March 2024 300,000
At 31 March 2023 277,322

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 300,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 376 456
Taxation and social security 537 17,160
Other creditors 2,137 2,975
3,050 20,591

Sequoia Developments
(Stratford upon Avon) Limited (Registered number: 05753850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RESERVES
Fair
value
reserve
£   
At 1 April 2023 121,509
Fair Value 17,928

At 31 March 2024 139,437