Sequence HQ Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13585168

Sequence HQ Ltd

Filleted Unaudited Financial Statements

31 December 2025

Sequence HQ Ltd

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Sequence HQ Ltd

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	12,900	9,846

Current assets

Debtors	6	10,989,554	1,329,337
Cash at bank and in hand		2,649,940	4,708,532
		-------------	------------
		13,639,494	6,037,869

Creditors: amounts falling due within one year	7	518,808	363,285
		-------------	------------
Net current assets		13,120,686	5,674,584
		-------------	------------
Total assets less current liabilities		13,133,586	5,684,430
		-------------	------------
Net assets		13,133,586	5,684,430
		-------------	------------

Capital and reserves

Called up share capital	18	18
Share premium account	24,328,935	14,397,394
Profit and loss account	( 11,195,367)	( 8,712,982)
	-------------	-------------
Shareholders funds	13,133,586	5,684,430
	-------------	-------------

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 comprehensive income has not been delivered.

For the year ending 31 December 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 .

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

Mrs R Grover

Director

Company registration number: 13585168

Sequence HQ Ltd

Notes to the Financial Statements

Year ended 31 December 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 27 New Dover Road, Canterbury, CT1 3DN, 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.

Going concern

These accounts have been prepared on a going concern basis. The directors are satisfied that the company will continue to meet its current obligations for at least the next 12 months.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. For the rendering of services, revenue is recognised when the services are transferred. When the outcome of a transaction can be estimated reliably, revenue is recognised based on the stage of completion of the transaction at the end of the reporting period. If the outcome of the transaction involving the rendering of services cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

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:

Fixtures and fittings	-	33% straight line
Computer equipment	-	33% 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

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value. Research and development expenditure Sequence HQ Ltd acknowledges the importance of Research and Development (R&D) activities in driving innovation, enhancing product/service offerings, and maintaining a competitive edge in the market. The company has incurred significant costs directly related to R&D initiatives in accordance with FRS 102. FRS 102 allows for the expensing of R&D costs directly to the Profit and Loss (P&L) statement unless the criteria for capitalisation are met. Sequence HQ Ltd has elected to expense R&D costs as they are incurred, in line with the company's assessment that future economic benefits from these expenditures are uncertain and difficult to reliably measure. The expensed R&D costs consist of direct expenses, such as employee salaries, subcontractor fees, material costs, and associated overheads directly attributable to R&D projects. These costs have been recognised in the period in which they were incurred.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 16 ).

5. Tangible assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost
At 1 January 2025	8,178	52,519	60,697
Additions	5,790	8,495	14,285
Disposals	–	( 9,136)	( 9,136)
	--------	--------	--------
At 31 December 2025	13,968	51,878	65,846
	--------	--------	--------
Depreciation
At 1 January 2025	3,825	47,026	50,851
Charge for the year	4,656	6,506	11,162
Disposals	–	( 9,067)	( 9,067)
	--------	--------	--------
At 31 December 2025	8,481	44,465	52,946
	--------	--------	--------
Carrying amount
At 31 December 2025	5,487	7,413	12,900
	--------	--------	--------
At 31 December 2024	4,353	5,493	9,846
	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	87,301	42,318
Amounts owed by group undertakings and undertakings in which the company has a participating interest	9,835,300	–
Other debtors	1,066,953	1,287,019
	-------------	------------
	10,989,554	1,329,337
	-------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	246,049	232,771
Social security and other taxes	133,282	89,131
Other creditors	139,477	41,383
	---------	---------
	518,808	363,285
	---------	---------