REGISTERED NUMBER: 09896118 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

SEQUENTIAL MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P K Vithlani

Mrs K P Vithlani

Ms S P Vithlani

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09896118 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investment property

4

280,620

280,620

CURRENT ASSETS

Debtors

5

-

53

Cash at bank

9,159

5,680

9,159

5,733

CREDITORS

Amounts falling due within one year

6

3,458

4,320

NET CURRENT ASSETS

5,701

1,413

TOTAL ASSETS LESS CURRENT LIABILITIES

286,321

282,033

CREDITORS

Amounts falling due after more than one year

7

(242,070

)

(242,070

)

PROVISIONS FOR LIABILITIES

10

(1,880

)

(1,880

)

NET ASSETS

42,371

38,083

CAPITAL AND RESERVES

Called up share capital

11

100

100

Revaluation reserve

9,893

9,893

Retained earnings

32,378

28,090

SHAREHOLDERS' FUNDS

42,371

38,083

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Ms S P Vithlani - Director

1.	STATUTORY INFORMATION

Sequential Management 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.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income earned from investment and development properties.

Investment property

Investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

280,620

NET BOOK VALUE

At 31 December 2024

280,620

At 31 December 2023

280,620

The fair value of investment properties has been arrived at on the basis of a valuation carried by the directors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Prepayments and accrued income

-

53

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Tax

1,008

1,276

Other creditors

650

649

Accruals and deferred income

1,800

2,395

3,458

4,320

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

132,916

132,916

Other loans (see note 8)

109,154

109,154

242,070

242,070

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

132,916

132,916

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between one and two years:

Other loans - 1-2 years

109,154

109,154

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

132,916

132,916

9.	SECURED DEBTS

The loan is secured against the assets of the company.

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

1,880

1,880

Deferred

tax

£

Balance at 1 January 2024

1,880

Balance at 31 December 2024

1,880

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

25

A Ordinary

£1

25

25

25

B Ordinary

£1

25

25

25

C Ordinary

£1

25

25

25

D Ordinary

£1

25

25

100

100