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REGISTERED NUMBER: 08545962 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

Sequoia Estates Limited

Sequoia Estates Limited (Registered number: 08545962)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sequoia Estates Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: M Spencer





SECRETARY: M Spencer





REGISTERED OFFICE: 61 Stanley Road
Bootle
Merseyside
L20 7BZ





REGISTERED NUMBER: 08545962 (England and Wales)





ACCOUNTANTS: Kinsella Clarke Limited
61 Stanley Road
Bootle
Merseyside
L20 7BZ

Sequoia Estates Limited (Registered number: 08545962)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300,283 300,377

CURRENT ASSETS
Stocks 29,716 28,211
Debtors 5 180,334 161,691
Cash at bank and in hand 510 609
210,560 190,511
CREDITORS
Amounts falling due within one year 6 513,584 499,298
NET CURRENT LIABILITIES (303,024 ) (308,787 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,741

)

(8,410

)

PROVISIONS FOR LIABILITIES 95 95
NET LIABILITIES (2,836 ) (8,505 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,936 ) (8,605 )
SHAREHOLDERS' FUNDS (2,836 ) (8,505 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Estates Limited (Registered number: 08545962)

Statement of Financial Position - continued
31 October 2023


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 director and authorised for issue on 28 October 2024 and were signed by:





M Spencer - Director


Sequoia Estates Limited (Registered number: 08545962)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Sequoia Estates 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.

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 etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 300,000 3,767 303,767
DEPRECIATION
At 1 November 2022 - 3,390 3,390
Charge for year - 94 94
At 31 October 2023 - 3,484 3,484
NET BOOK VALUE
At 31 October 2023 300,000 283 300,283
At 31 October 2022 300,000 377 300,377

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 180,334 161,691

Sequoia Estates Limited (Registered number: 08545962)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 118,745 126,919
Taxation and social security 31,813 23,551
Other creditors 363,026 348,828
513,584 499,298

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
M Spencer
Balance outstanding at start of year 71,902 65,836
Amounts advanced 15,539 9,066
Amounts repaid (1,600 ) (3,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 85,841 71,902