Sequential Thinking Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09251585

Sequential Thinking Limited

Filleted Unaudited Financial Statements

31 March 2025

Sequential Thinking Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		1,185		–

Current assets

Debtors	6	–	12,000
Cash at bank and in hand		22,132	27,300
		--------	--------
		22,132	39,300

Creditors: amounts falling due within one year	7	21,181		38,870
		--------		--------
Net current assets			951		430
			-------		----
Total assets less current liabilities			2,136		430
			-------		----
Net assets			2,136		430
			-------		----

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		2,036	330
		-------	----
Shareholders funds		2,136	430
		-------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sequential Thinking Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 24 December 2025 , and are signed on behalf of the board by:

Mr D Sequeira	Mrs L Sequeira
Director	Director

Company registration number: 09251585

Sequential Thinking Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for business services.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date .

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

This consisted of directors only .

5. Tangible assets

	Equipment
	£
Cost
At 1 April 2024	–
Additions	1,580
	-------
At 31 March 2025	1,580
	-------
Depreciation
At 1 April 2024	–
Charge for the year	395
	-------
At 31 March 2025	395
	-------
Carrying amount
At 31 March 2025	1,185
	-------
At 31 March 2024	–
	-------

6. Debtors

	2025	2024
	£	£
Other debtors	–	12,000
	----	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	1,200	1,566
Corporation tax	1,077	5,353
Director loan accounts	18,904	31,951
	--------	--------
	21,181	38,870
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	50	50	50	50
Ordinary B shares of £ 1 each	50	50	50	50
	----	----	----	----
	100	100	100	100
	----	----	----	----

9. Related party transactions

At the year end the company owed its directors £ 18,904 (2024: £ 31,951 ).