REGISTERED NUMBER: 03268579 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SEQUOIA CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M W Beard

REGISTERED OFFICE:

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

REGISTERED NUMBER:

03268579 (England and Wales)

ACCOUNTANTS:

Aequitas Limited

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

FIXED ASSETS

Tangible assets

4

131,350

154,944

Investments

5

126,000

126,000

257,350

280,944

CURRENT ASSETS

Stocks

187,450

53,205

Debtors

6

994,008

653,069

Cash at bank

243,876

399,256

1,425,334

1,105,530

CREDITORS

Amounts falling due within one year

7

903,807

670,146

NET CURRENT ASSETS

521,527

435,384

TOTAL ASSETS LESS CURRENT LIABILITIES

778,877

716,328

CREDITORS

Amounts falling due after more than one year

8

-

11,664

NET ASSETS

778,877

704,664

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

778,777

704,564

SHAREHOLDERS' FUNDS

778,877

704,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 12 September 2025 and were signed by:

J M W Beard - Director

1.	STATUTORY INFORMATION

Sequoia Construction 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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

50,227

79,870

15,537

Additions

-

1,428

-

At 31 March 2025

50,227

81,298

15,537

DEPRECIATION

At 1 April 2024

-

65,277

12,223

Charge for year

-

2,404

497

At 31 March 2025

-

67,681

12,720

NET BOOK VALUE

At 31 March 2025

50,227

13,617

2,817

At 31 March 2024

50,227

14,593

3,314

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

185,426

18,704

349,764

Additions

-

1,246

2,674

At 31 March 2025

185,426

19,950

352,438

DEPRECIATION

At 1 April 2024

101,375

15,945

194,820

Charge for year

20,978

2,389

26,268

At 31 March 2025

122,353

18,334

221,088

NET BOOK VALUE

At 31 March 2025

63,073

1,616

131,350

At 31 March 2024

84,051

2,759

154,944

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

126,000

NET BOOK VALUE

At 31 March 2025

126,000

At 31 March 2024

126,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

589,165

211,486

Other debtors

404,843

441,583

994,008

653,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

11,664

60,807

Hire purchase contracts

69,005

89,056

Trade creditors

384,377

180,390

Taxation and social security

135,169

92,816

Other creditors

303,592

247,077

903,807

670,146

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

11,664

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

J M W Beard

Balance outstanding at start of year

103,922

102,624

Amounts advanced

72,216

103,922

Amounts repaid

(103,922

)

(102,624

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

72,216

103,922

This loan is charged at HMRC's official loan rate of 2.25% and will be repaid within 9 months of the year end.