Sequentis Partnership Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—7

1. General Information

Sequentis Partnership Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11341427 . The registered office is Anele De Novo, 143 Reculver Road, Beltinge, Herne Bay, Kent, CT6 6PD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of 20 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over length of lease
Plant & Machinery	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

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Sequentis Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.8. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to

the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.9. 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 statement of financial position date.

Deferred Tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2.10. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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Sequentis Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.11. Critical Accounting Judgements and Key Sources of Estimation Uncertainity

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 13)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	1,655,550

As at 31 March 2026	1,655,550

Amortisation
As at 1 April 2025	482,871
Provided during the period	82,777

As at 31 March 2026	565,648

Net Book Value
As at 31 March 2026	1,089,902

As at 1 April 2025	1,172,679

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	222,951	381,298	266,841	19,712	890,802
Additions	-	44,934	14,262	-	59,196

As at 31 March 2026	222,951	426,232	281,103	19,712	949,998

Depreciation
As at 1 April 2025	28,333	210,321	184,844	11,557	435,055
Provided during the period	28,332	53,987	24,065	2,039	108,423

As at 31 March 2026	56,665	264,308	208,909	13,596	543,478

...CONTINUED

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Sequentis Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	166,286	161,924	72,194	6,116	406,520

As at 1 April 2025	194,618	170,977	81,997	8,155	455,747

6. Stocks

	2026	2025
	£	£
Finished goods	10,000	10,000

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	25,100
Other debtors - 2	49,434	3,016

	49,434	28,116

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	9,496	-
Trade creditors	-	83,729
Bank loans and overdrafts	106,321	92,759
Corporation tax	101,938	2,367
Other taxes and social security	13,744	3,847
Net wages	-	793
Other creditors - 3	8,653	8,653
Other creditors - 1	93,261	205,261
Other creditors - Abatement and Clawback Creditor	-	7,094
Other creditors - Credit card control account	-	248
Company Credit Card	1,283	-
Pension Payable	1,280	893
Accruals and deferred income	-	76,979
Directors' loan accounts	-	1,302

	335,976	483,925

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	35,653	-
Bank loans	1,219,768	1,331,905

	1,255,421	1,331,905

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Sequentis Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,496	-
Later than one year and not later than five years	35,653	-

	45,149	-

	45,149	-

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

The nominal value per share is £1 and there are 100 Ordinary Shares in issue.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,089,902		1,172,679
Tangible Assets	5		406,520		455,747

			1,496,422		1,628,426
CURRENT ASSETS
Stocks	6	10,000		10,000
Debtors	7	49,434		28,116
Cash at bank and in hand		73,058		12,828

		132,492		50,944
Creditors: Amounts Falling Due Within One Year	8	(335,976 )		(483,925 )

NET CURRENT ASSETS (LIABILITIES)			(203,484 )		(432,981 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,292,938		1,195,445

Creditors: Amounts Falling Due After More Than One Year	9		(1,255,421 )		(1,331,905 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(101,630 )		(65,282 )

NET LIABILITIES			(64,113 )		(201,742 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Income Statement			(64,213 )		(201,842 )

SHAREHOLDERS' FUNDS			(64,113)		(201,742)

Dr S Hothi Director	Dr S Rattan Director
6 October 2026