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Company Registration No. 05222930 (England and Wales)
SQES Limited Unaudited accounts for the year ended 31 July 2024
SQES Limited Unaudited accounts Contents
Page
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SQES Limited Company Information for the year ended 31 July 2024
Director
Suzanne Douglas
Secretary
Patricia Anne Coulson
Company Number
05222930 (England and Wales)
Registered Office
24 Highfield View Barlby Selby North Yorkshire YO8 5HB
Accountants
MSF Accountants Ltd Suite 21 Call House Enfield Street Leeds West Yorkshire LS7 1RF
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SQES Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SQES Limited for the year ended 31 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of SQES Limited, as a body, in accordance with the terms of our engagement letter dated 30 June 2015. Our work has been undertaken solely to prepare for your approval the accounts of SQES Limited and state those matters that we have agreed to state to the Board of Directors of SQES Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SQES Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SQES Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SQES Limited. You consider that SQES Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SQES Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
MSF Accountants Ltd Chartered Accountants Suite 21 Call House Enfield Street Leeds West Yorkshire LS7 1RF 17 March 2025
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SQES Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,620 
36,335 
Current assets
Debtors
13,764 
8,821 
Cash at bank and in hand
20,089 
10,244 
33,853 
19,065 
Creditors: amounts falling due within one year
(22,361)
(19,216)
Net current assets/(liabilities)
11,492 
(151)
Total assets less current liabilities
38,112 
36,184 
Creditors: amounts falling due after more than one year
(19,847)
(24,800)
Net assets
18,265 
11,384 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,165 
11,284 
Shareholders' funds
18,265 
11,384 
For the year ending 31 July 2024 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 her 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 17 March 2025 and were signed on its behalf by
Suzanne Douglas Director Company Registration No. 05222930
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SQES Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
SQES Limited is a private company, limited by shares, registered in England and Wales, registration number 05222930. The registered office is 24 Highfield View, Barlby, Selby, North Yorkshire, YO8 5HB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
10,661 
36,490 
5,824 
52,975 
At 31 July 2024
10,661 
36,490 
5,824 
52,975 
Depreciation
At 1 August 2023
9,925 
2,281 
4,434 
16,640 
Charge for the year
245 
9,122 
348 
9,715 
At 31 July 2024
10,170 
11,403 
4,782 
26,355 
Net book value
At 31 July 2024
491 
25,087 
1,042 
26,620 
At 31 July 2023
736 
34,209 
1,390 
36,335 
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SQES Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,148 
8,173 
Accrued income and prepayments
616 
648 
13,764 
8,821 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,699 
2,703 
Obligations under finance leases and hire purchase contracts
4,953 
4,953 
Taxes and social security
10,884 
7,794 
Loans from directors
97 
20 
Accruals
4,728 
3,746 
22,361 
19,216 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,847 
24,800 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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