UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10 - KSB

(Mark One)

[ x ]    ANNUAL REPORT UNDER SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Period year ended October 31, 2006

[    ]    TRANSITION REPORT UNDER
SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to
___________________



Commission file number: 000 - 51977



Sekoya Holdings Ltd.

----------------------------------------------

(Exact name of small business issuer as specified in its
charter)

Nevada
    N/A(State or other jurisdiction of incorporation
      or organization)
    (IRS Employer
Number)


916 West Broadway Street, Vancouver, British Columbia, V5Z
1K7

----------------------------------------------------------

(Address of principal executive office)

604-269-6622

----------------------------------

(Issuer's telephone number)

N/A

-----------------

(Former name, former address and former fiscal year, if changed
since last report)



Securities registered under Section 12(b) of the Exchange Act:
None

Securities registered under Section 12(g) of the Exchange Act:
Common Stock, $0.001

Check whether the issuer (1) filed all reports required to
      be filed by Section 13 or 15(d) of the Exchange Act during the past 12
      months (or for such shorter period that that the registrant was required
      to file such reports), and (2) has been subject to such filing
      requirements for the past 90 days.
    Yes [ x ]
    No  [    ]Check if there is no disclosure of delinquent filers in
      response to Item 405 Regulation S-B is not containing in this form, and no
      disclosure will be contained, to the best of the registrant's knowledge,
      in definitive proxy or information statements incorporated by reference in
      Part III of this Form 10-KSB or any amendments to this Form 10-KSB
    [     ]Indicate by check mark whether the company is a shell
      company (as defined in Rule12b-2 of the Exchange Act)
    Yes [    ]
    No [ x ] State issuer's revenues for its most recent fiscal year
-$0 State the aggregate market value of the voting and non-voting
common equity held by non-affiliates computed by reference to the price at which
the common equity was sold, or the average bid and asked price of such common
equity, as of a specified date within the past 60 days. (See definition of
affiliate in Rule 12b-2 of the Exchange Act.)


Aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference as of October 31, 2006 is $105,500.

State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date.

As of October 31, 2006, there are 6,055,000common
shares outstanding.

Transitional Small Business Disclosure Format (Check One):
Yes [   ]  No[ x ]



1





SEKOYA HOLDINGS LTD.

FORM 10-KSB

For the Fiscal Year ended October 31st, 2006

Table of Contents



Part I

Item
1.        Description of Business

Item
2.        Description of Property

Item
3.        Legal Proceedings

Item
4.        Submission of Matters to a vote of
Security Holders

Part II

Item
5.        Market for Common Equity and
Related Stockholder Matters

Item
6.        Management's Discussion and
Analysis or Plan of Operation

Item
7.        Financial Statement

Item
8.        Changes In and Disagreements with
Accountants on Accounting and Financial Disclosure

Item
8A.     Controls and Procedures

Item
8B.     Other Information

Part III

Item
9.        Directors, Executive Officers,
Promoters and Control Persons; Compliance with Section 16(a) of the Exchange
Ac

Item
10.      Executive Compensation

Item
11.      Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters

Item
12.      Certain Relationships and Related
Transactions

Item
13.      Exhibits

Item
14.      Principal Accountants Fees and Services

Signatures



2



FORWARD LOOKING STATEMENTS

CERTAIN STATEMENTS IN THIS ANNUAL REPORT ON FORM 10-KSB, OR
THE "REPORT," ARE "FORWARD-LOOKING STATEMENTS." THESE FORWARD-LOOKING STATEMENTS
INCLUDE, BUT ARE  NOT LIMITED TO, STATEMENTS ABOUT THE PLANS, OBJECTIVES,
EXPECTATIONS AND INTENTIONS OF SIMULATIONS PLUS, INC., A CALIFORNIA CORPORATION
AND OTHER STATEMENTS CONTAINED IN THIS REPORT THAT ARE NOT HISTORICAL FACTS.
FORWARD-LOOKING STATEMENTS IN THIS REPORT OR HEREAFTER INCLUDED IN OTHER
PUBLICLY AVAILABLE DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION,
OR THE "COMMISSION," REPORTS TO OUR SHAREHOLDERS AND OTHER PUBLICLY AVAILABLE
STATEMENTS ISSUED OR RELEASED BY US INVOLVE KNOWN AND UNKNOWN RISKS,
UNCERTAINTIES AND OTHER FACTORS WHICH COULD CAUSE OUR ACTUAL RESULTS,
PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS TO DIFFER FROM THE FUTURE
RESULTS, PERFORMANCE (FINANCIAL OR OPERATING) OR ACHIEVEMENTS EXPRESSED OR
IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FUTURE RESULTS ARE BASED UPON
MANAGEMENT'S BEST ESTIMATES BASED UPON CURRENT CONDITIONS AND THE MOST RECENT
RESULTS OF OPERATIONS. WHEN USED IN THIS REPORT, THE WORDS "EXPECT,"
"ANTICIPATE," "INTEND," "PLAN," "BELIEVE," "SEEK," "ESTIMATE" AND SIMILAR
EXPRESSIONS ARE GENERALLY INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS,
BECAUSE THESE FORWARD-LOOKING STATEMENTS INVOLVE RISKS AND UNCERTAINTIES. THERE
ARE IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
THOSE EXPRESSED OR IMPLIED BY THESE FORWARD-LOOKING STATEMENTS, INCLUDING OUR
PLANS, OBJECTIVES, EXPECTATIONS AND INTENTIONS AND OTHER FACTORS.





3



PART I

Item 1.    Description of Business

Sekoya Holdings Ltd. was incorporated in the state of Nevada on May 19, 2005.
We intend to commence operations as an E-commerce company which will offer a new
type of internet payment network for the Asian market. The initial country we
plan to introduce our product and services to is China. We currently have signed
a contract with a Chinese programmer to create and develop the initial phase of
our website, icash.com.cn. The initial phase of our website is scheduled to be
completed by the end of July 2007. We currently have not advanced beyond the
business plan state from our inception until the date of this filing. In order
for us to begin commercialization of our product, we will need to raise
additional capital. We currently do not have a specific plan to raise these
funds. During August of 2005,we received initial funding through the sale of
common stock to investors. We do not intend to open any new stores; enter into
any type of new business; or, purchase equipment or other assets in the next
twelve month period following the date of this prospectus. From inception until
the date of this filing, we have had no material operating activities. Our
current cash balance is $275. We anticipate that our current cash balance may
not satisfy our cash needs for the following twelve-month period.

We are applying to become a public reporting company in order to provide our
shareholders increased liquidity for their common shares and to provide our
company an alternative avenue to raise additional investment capital in order to
proceed with our business plan. The selling shareholders are acting as
underwriters for the registrant when re-selling their securities and will be
conducting their offering of shares at the fixed price of $0.10/share for the
duration of the offering.

Our principal executive offices are located at 916 West Broadway Street,
Vancouver, British Columbia and our telephone number is (604) 269-6622. Our
fiscal year end is October 31st.



Item 2:    Description of Property

The Company's headquarters and executive offices are located at 916 West
Broadway Street, Vancouver, British Columbia, Canada, V5Z 1K7. Our telephone number is (604) 269-6622.



Item 3:     Legal Proceedings

There are no existing, pending or threatened
legal proceedings involving Razor Resources Inc., or against any of our officers
or directors as a result of their involvement with the Company.



Item 4:      Submission of Matters to a Vote of
Security Holders

There were no matters submitted to a vote of security holders during the
fiscal period ended October 31st, 2006.



PART II

Item 5:    Market for Common Equity, Related
Stockholder Matters and Small Business Issuer Purchases of Equity
Securities

There is currently no publicly trading market for our common stock.

There are no outstanding options or warrants or convertible securities to
purchase our common equity

All of the 6,055,000 common shares outstanding are eligible for sale through
the use of Rule 144 under the Securities Act.

As of October 31st, 2006, the approximate number of holders of Common Stock
of the Company is 32.

Since our inception date, our boards of directors have not declared any
dividend payments to the shareholders. The declaration and payment of dividends
to holders of our common stock by us, if any, are subject to the discretion of
our board of directors. Our board of directors will take into account such
matters as general economic and business conditions, our strategic plans, our
financial results and condition, contractual, legal and regulatory restrictions
on the payment of dividends by us, and such other factors as our board of
directors may consider to be relevant.

The company has never issued securities for any equity compensation plan.

5



Item 6:     Management's Discussion and Analysis or
Plan of Operation

The following discussion and analysis provides information which management
of Sekoya Holdings Ltd. (the "Company") believes to be relevant to an assessment
and understanding of the Company's results of operations and financial
condition. This discussion should be read together with the Company's financial
statements and the notes to financial statements, which are included in this
report.

Overview

Sekoya Holdings Ltd was incorporated in Nevada on May 19, 2005. In August of
2005, the board of directors voted to seek capital and began development of
Sekoya Holdings' business plan. During August of 2005, Sekoya received its
initial funding through the sale of common stock to investors. On November 2,
2005, Sekoya Holdings signed a contract with a website programmer, Randy Liu, to
create and develop the initial phase of our company's website, www.icash.com.cn.

Results of Operations

Revenues

There were no revenues generated for the fiscal period ended October 31st, 2006
and no revenues have been earned by the Company since it's inception. We do not
expect to be generating revenues until the 2nd phase of the Company's website is
complete and commercialization of the Company's product and services can begin.

General & Administrative Expenses

General and administrative expenses totaled $20,716 for the fiscal period
ended October 31st, 2006. This is compared to general and administrative expenses
totaling $25,738 for the fiscal period ended October
31, 2005. This decrease in general and administrative
expenses is largely attributed to decrease in fees paid for professional services
compared to the previous fiscal year. The professional fees incurred in the the
previous fiscal years were expected to be one-time fees and management do not
expect them to be recurring in the future.

We experienced a net loss of $20,716 for the fiscal period ended
October 31,
2006 compared to a net loss of $25,738for the fiscal period ended
October 31,
2005.

Liquidity and Capital Resources

As of October 31, 2006, the Company had cash of $275. Management does not
expect that the current level of cash on hand will be sufficient to fund our
operation for the next twelve month period. In the event that additional funds
are required to maintain operations, our officers and directors have agreed to
advance us sufficient capital to allow us to continue operations. We may also be
able to obtain loans from our shareholders, but there are no agreements or
understandings in place currently.

We believe that we will require additional funding to expand our business and
ensure its future profitability. We anticipate that any additional funding will
be in the form of equity financing from the sale of our common stock. However,
we do not have any agreements in place for any future equity financing. In the
event we are not successful in selling our common stock, we may also seek to
obtain short-term loans from our director.



6

Item 7:    Financial Statements

The consolidated financial statements required to be filed pursuant to this
Item 7 begin on page F-1 of this report.

Item 8:    Changes In Disagreements With Accountants on
Accounting and Financial Disclosure

The Financial Statements of the Company have been audited by
Gordon K.W. Gee Ltd. for the fiscal period ended October 31, 2006 and fiscal year ended
2005. There have been no changes in or disagreements with Gordon K.W. Gee Ltd. on accounting and financial disclosure matters at any
time.

Item 8A: Controls and Procedures

Our Chief Executive Officer, President, and Chief Financial
Officer (the "Certifying Officers") are responsible for establishing and
maintaining disclosure controls and procedures for the Company. The Certifying
Officers have designed such disclosure controls and procedures to ensure that
material information is made known to them, particularly during the period in
which this report was prepared. The Certifying Officers have evaluated the
effectiveness of the Company's disclosure controls and procedures within 90 days
of the date of this report and believe that the Company's disclosure controls
and procedures are effective based on the required evaluation. There have been
no significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of their
evaluation, including any corrective actions with regard to significant deficiencies
and material weaknesses.

Item 8B: Other Information

None

Item 9:    Directors, Executive Officers,
Promoters and Control Persons; Compliance with Section 16(a) of the Exchange
Act

Officers and Directors

Each of our directors serves until his or her successor is elected and
qualified. Each of our officers is elected by the board of directors to a term
of one (1) year and serves until his or her successor is duly elected and
qualified, or until he or she is removed from office. The board of directors has
no nominating, auditing or compensation committees.



7

The name, age, and position of our present officers and directors
are set forth below:

Name
    Age
    Position HeldShirley Wong
    42
    President, Principal Executive Officer, Principal
      Financial Officer, Principal Accounting Officer, Treasurer, Secretary, and
      Director


Each director serves until our next annual meeting of the stockholders or
unless they resign earlier. The Board of Directors elects officers and their
terms of office are at the discretion of the Board of Directors.

Background of officers and directors

Shirley Wong has been our president, principal executive
officer, principal financial officer, principal accounting officer, treasurer
and director since July 6, 2005.

Ms. Wong has a strong working background as a teacher for
the past 15 years for the Vancouver School Board. She also has 10 years of
consulting experience, specializing in business process improvement,
instructional management, adult education training, and human resources
management.

Ms. Wong's educational background has also prepared her for
management, as she has received her Bachelors of Education as well as a Masters
of Arts in Education Administration and Supervision.

Audit Committee Financial Expert

We do not have an audit committee financial expert. We do not have an audit
committee financial expert because we believe the cost related to retaining a
financial expert at this time is prohibitive. Further, because we are only
beginning our commercial operations, at the present time, we believe the
services of a financial expert are not warranted.

Conflicts of Interest

The only conflict that we foresee is that our officers and directors devote
time to projects that do not involve us.

8

SECTION 16(A) BENEFICIAL OWNER REPORTING
COMPLIANCE

Section 16(a) of the Securities and Exchange Act of
1934 requires that the Company's directors, executive officers, and persons who
own more than 10% of registered class of the Company's equity securities, or
file with the Securities and Exchange Commission (SEC), initial reports of
ownership and report of changes in ownership of common stock and other equity
securities of the Company. Officers, directors, and greater than 10% beneficial
owners are required by SEC regulation to furnish the Company with copies of all
Section 16(a) reports they file. As of the fiscal year ending October 31,
2006, Form 3 reports were not timely filed by Shirley Wong, the Company's
President.

Code of Ethics

The Company has adopted code of ethics for all of the
employees, directors and officers which is attached to this Annual Report as
Exhibit 14.1.

Item 10:    Executive Compensation

The following table sets forth information with respect to compensation paid
by us to our officers and directors during the four most recent fiscal years.
This information includes the dollar value of base salaries, bonus awards and
number of stock options granted, and certain other compensation, if any.

|Summary Compensation
      Table             
|---------------------------------------------
|                                             
|                                             
|(a)                                          
|Name and Principal Position (1)              
|Shirley Wong                                 
|President, Treasurer, Secretary, and Director



[1]     All compensation received by the officers and directors has
been disclosed.

Option/SAR Grants

There are no stock option, retirement, pension, or profit sharing plans for
the benefit of our officers and directors.

Long-Term Incentive Plan Awards

We do not have any long-term incentive plans.

9

Compensation of Directors

We do not have any plans to pay our directors any money.

Indemnification

Under our Articles of Incorporation and Bylaws of the corporation, we may
indemnify an officer or director who is made a party to any proceeding,
including a law suit, because of his position, if he acted in good faith and in
a manner he reasonably believed to be in our best interest. We may advance
expenses incurred in defending a proceeding. To the extent that the officer or
director is successful on the merits in a proceeding as to which he is to be
indemnified, we must indemnify him against all expenses incurred, including
attorney's fees. With respect to a derivative action, indemnity may be made only
for expenses actually and reasonably incurred in defending the proceeding, and
if the officer or director is judged liable, only by a court order. The
indemnification is intended to be to the fullest extent permitted by the laws of
the State of Nevada.

Regarding indemnification for liabilities arising under the Securities Act of
1933, which may be permitted to directors or officers under Nevada law, we are
informed that, in the opinion of the Securities and Exchange Commission,
indemnification is against public policy, as expressed in the Act and is,
therefore, unenforceable.

Item 11: Security Ownership of Certain Beneficial Owners
and Management and Related Stockholder Matters

The following table sets forth, as of the date of this prospectus, the total
number of shares owned beneficially by each of our directors, officers and key
employees, individually and as a group, and the present owners of 5% or more of
our total outstanding shares. The table also reflects what their ownership will
be assuming completion of the sale of all shares in this offering. The
stockholders listed below have direct ownership of his/her shares and possess
sole voting and dispositive power with respect to the shares. The address for
each person is our address at 916 West Broadway Street, Vancouver, BC, Canada,
V5Z 1K7.

Name of Beneficial Owner
    Direct Amount of Beneficial Owner
    Position
    Percent of ClassShirley Wong
    5,000,000
    President, Principal Executive Officer, Principal
      , Principal Accounting Officer, Treasurer, Secretary, and
      Director
    82.58%All officers and directors as a Group (1
      person)
    
    
    82.58%


Securities authorized for issuance under equity compensation
plans.

We have no equity compensation plans.

Item 12: Certain Relationships and Related Transactions

We issued 5,000,000 shares of common stock to Shirley Wong, our president and a
member of the board of directors in August 2005, in consideration of 5,000.

10

Item 13: Exhibits

Exhibit
No.                             
Description

3.1*                                        
Articles of Incorporation of the Company (incorporated by refernce to the Form
10-SB filed with the Securities and Exchange Commission on January 18,
2006)

3.2*                                        
Bylaws of the Company (incorporated by reference to the Form SB-2 filed with
the Securities and Exchange Commission on January 18, 2006)

10.1*                                      
Website Design Contract (incorporated by reference to the Form SB-2 filed with
the Securities and Exchange Commission on January 18, 2006)

14                                           
Code of Ethics

31                                           
Certification of the Chief Executive Officer and Chief Financial Officer
pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934 as amended,
as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32                                          
Certification of the Chief Executive Officer and Chief Financial Officer
pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002

Item 14: Principal Accountant Fees and Services

1) Audit Fees

The aggregate fees billed for the last two fiscal years for professional
services rendered by the principal accountant for the audit of the Company's
annual financial statements and review of financial statements included in the
Company's Form 10-QSBs or services that are normally provided by the accountant
in connection with statutory and regulatory engagements for those fiscal years
was:

2006 -
$5,280           Gordon K.W.
Gee. Ltd.

2005 -
$3,800           
Gordon K.W. Gee. Ltd.

2) Audit - Related Fees

The aggregate fees billed in each of the last two fiscal years for assurance
and related services by the principal accountants that are reasonably related to
the performance of the audit or review of the Company's financial statements and
are not reported in the preceding paragraph:

2006 - $0                    
Gordon K.W. Gee. Ltd.

2005 - $0                    
Gordon K.W. Gee. Ltd.

11

3) Tax Fees

The aggregate fees billed in each of the last two fiscal years for
professional services rendered by the principal accountant for tax compliance,
tax advice, and tax planning was:

2006 - $0                    
Gordon K.W. Gee. Ltd.

2005 - $0                    
Gordon K.W. Gee. Ltd.

4) All Other Fees

The aggregate fees billed in each of the last two fiscal years for the
products and services provided by the principal accountant, other than the
services reported in paragraphs (1), (2), and (3) was:

2006 - $0                    
Gordon K.W. Gee. Ltd.

2005 - $0                    
Gordon K.W. Gee. Ltd.









12



SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized on this 29th day of
January, 2007

Sekoya Holdings Ltd.

(Registrant)

By: /s/ Shirley Wong

Shirley Wong

President and Chief Executive
Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated:

Signature
    Title
    Date/s/ Shirley Wong
    President, CEO, Secretary, Treasurer and Director
    January 29, 2007Shirley Wong












13



INDEX TO FINANCIAL STATEMENTS



Report of Independent Registered Public Accounting Firm

Balance Sheet for the years ended April 30, 2005 and
2005                                           
F-2

Statement of Operations for the years ended April 30, 2006 and
2005                            
F-3

Statement of Cash Flows for the years ended April 30, 2006 and
2005                           
F-4

Statement of Shareholder's
Equity                                                                                   
F-5

Notes to Financial
Statement                                                                                           
F-6





Gordon K.W. GeeChartered Accountant
    601-325 Howe Street, Vancouver, British Columbia. V6C 1Z7An Incorporated Professional
    Tel: (604) 689-8815, Fax:(604) 689-8838




REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Board of Directors and Shareholders of Sekoya Holdings Ltd.
(A Development Stage Company):

I
have audited the accompanying balance sheet of Sekoya Holdings Ltd as at 31
October 2006 and 2005 and the related statements of operations and deficit, cash
flow and changes in shareholder's equity and comprehensive income for the year
and period then ended. These financial statements are the responsibility of the
company's management. My responsibility is to express an opinion on these
financial statements based on my audit.

I
have conducted my audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that I plan
and perform an audit to obtain reasonable assurance whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation.  I believe that my audit provides a reasonable
basis for my opinion.

In my opinion, these financial statements present fairly,
in all material respects, the financial position of   Sekoya Holdings Ltd as at
31 October  2006 and 2005 and the results of the operations and cash flow of the
company for the  year and period then ended, in conformity with generally
accepted accounting principles accepted in the United States of America.

The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern.   As discussed in Note 3 to the financial
statements, the Company has had limited operations and have not commenced
planned principal operations.  This raises substantial doubt about its ability
to continue as a going concern.  Management's plan in regard to these matters
are also described in Note 3.  The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

Vancouver, British Columbia, Canada
    /s/ "Gordon K.W. Gee"25, January 2007
    Chartered Accountant


F-1





Sekoya Holdings Ltd.

(A Development Stage Company)

Balance Sheet

(Expressed in US dollars)



As at October 31, 2006
      ($)
    As at October 31, 2005
      ($)ASSETSCurrent AssetsCash
    $ 275
    $ 2,962TOTAL
    CURRENT ASSETS
    $275
    $ 2,962Website Development Costs (See Note 4)
    $5,000
    -TOTAL
    ASSETS
    $5,275
    $ 2,962LIABILITIES AND STOCKHOLDERS' EQUITYCurrent LiabilitiesAccounts payable and Accrued Liabilities
    19,800
    3,700Loans from
    Related Party (Note 5)
    6,929
    -Total Current
      Liabilities
    26,729
    2,800Contingency (Note 3)Stockholders' Equity (Note 6)Share Capital
    25,000
    25,000Deficit, accumulated
      during the exploration stage
    (46,454)
    (25,738)Total Stockholders'
      Equity
    
    (738)TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
    (21,454)
    $ 2,962Approved on behalf of the Board"Shirley Wong", Director and Chief Executive
    OfficerSee Accompanying Notes
F-2
Sekoya Holdings Ltd.
(A Development Stage Company)
Statement of Operations and Deficit
(Expressed in US dollars)
Cumulative From Date of Inception on May 19, 2005,  to
	October 31, 2006
    For the Year Ended October 31, 2006
    For the period May 19, 2005 (Inception Date) to October 31, 2005General and Administrative ExpensesConsulting and Professional Fees
    31,535
    7,835
    23,700Facilities Costs
    14,000
    12,000
    2,000Filing Fees and dues
    1,789
    1,789
    -Bank Charges
    330
    292
    38(46,454)
    (20,716)
    ($25,738)Net Profit (Loss) for the Period
    (46,454)
    (20,716)
    ($25,738)Net Profit (Loss) per Common Share
    $(0.00)
    $(0.00)
    $ (0.00)Basic and dilutedWeighted Average Number of Shares
    Outstanding
    6,055,000
    6,055,000
    6,055,000Basic and dilutedSee Accompanying
Notes
F-3
Sekoya Holdings Ltd.
(A Development Stage Company)
Statement of Cash Flows
(Expressed in US Dollars)
Cumulative From Date of Inception on May 19, 2005,  to
	October 31, 2006
    For the Year Ended October 31, 2006
    For the period May 19, 2005 (Inception Date) to October 31, 2005Cash Provided by (Used for)Operating ActivitiesNet Profit (Loss) for
      the Period
    (46,454)
    (20,716)
    (25,738)Changes in non-cash working capital itemsPrepaid Expenses
    (5,000)
    (5,000)
    -Accounts payable
    accrued
    19,800
    16,100
    3,700Cash Used for operating
      activities
    (31,654)
    (9,616)
    (22,038)Financing ActivitiesCapital Stock subscribed
    25,000
    -
    25,000Loan from
	Shareholder
    6,929
    6,929
    -Total Funds from
      financing activities
    31,929
    6,929
    25,000Cash Increased (Decreased)during the year
    275
    (2,687)
    2,962Cash, Beginning of Period
    -
    2,962
    -Cash, End of Period
    275
    275
    2,962See Accompanying
Notes


F-4

Sekoya Holdings Lt.d

(A Nevada Corporation)

Statement of Stockholders' Equity

Accumulated for the period from date of
inception, on May 19, 2005, to October 31, 2006

(Expressed in US dollars)

Price Per Share
    Number of Common Shares
    Par Value
    Additional Paid-In-Capital
    Deficit Accumulated
    Total Stockholders Equity (Deficit)Shares issued (August, 2005)
    $
    0.001
    5,000,000
    5,000
    
    
    5,000Shares issued (August, 2005)
    $
    0.01
    600,000
    600
    5,400
    
    6,000Shares issued (August, 2005)
    $
    0.01
    350,000
    350
    3,150
    
    3,500Shares issued (August, 2005)
    $
    0.10
    105,000
    105
    10,495
    
    10,500Net Loss for the period from date of inception on May 19, 2005 to
    October 31, 2005
    
    
    
    
    
    (25,738)
    (25,738)Balance October 31, 2005
    
    
    6,055,000
    6,055
    18,945
    (25,738)
    (738)Net Loss for the year ended October 31, 2006
    
    
    
    
    
    (20,716)
    (20,716)Balance October 31, 2006
    
    
    6,055,000
    6,055
    18,945
    (46,454)
    (21,454)See Accompanying
Notes


F-5

Sekoya Holdings Ltd.

(A Development Stage Company)

Notes to the Financial Statements

October 31, 2006

(Expressed in U.S. Dollars)

Note 1.        INCORPORATION
AND OPERATING ACTIVITIES

Sekoya
Holdings Ltd. was incorporated on 19 May 2005, under the laws of the State of
Nevada, U.S.A. Operations, as a development stage company started on that date,
i.e., 19 May 2005.

At the
period end, the Company is in the process of developing an online payment system
for use in the Chinese online community.

These
financial statements have been prepared on a going concern basis.  The Company
has accumulated deficit of $47,654, (2005- $42,654), since inception, has yet to
achieve profitable operations and further losses are anticipated in the
development of its business, raising substantial doubt about the Company's
ability to continue as a going concern.  Its ability to continue as a going
concern is dependent upon the ability of the Company to generate profitable
operations in the future and/or to obtain necessary financing to meet its
obligations and repay its liabilities arising form normal business operations
when they come due.  Management plans to continue to provide for its working
capital needs by seeking loans from its shareholders.  These financial
statements do not include any adjustments to the recoverability and
classification of assets, or the amount of classification of liabilities that
may be necessary should the Company be unable to continue as going concern.

Note 2.        SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES

a)                 Foreign
Currency Translation

Monetary assets and liabilities denominated in foreign currencies are translated
into USA dollars at the period end exchange rate, non‐monetary assets are
translated at historical exchange rates and all income and expenses are
translated at average exchange rates prevailing during the period.  Foreign
currency translation adjustments are included in income.

b)                
Loss Per Share

Loss
per share has been calculated based on the weighted average number of shares
outstanding.

c)              
Fair Value of Financial Instruments

The
respective carrying value of certain on‐balance sheet financial instruments
approximate their fair values.  These financial statements include cash,
receivables, advances receivable, cheques issued in excess of cash, accounts
payable and property obligations payable.  Unless otherwise noted, it is
management's opinion that the Company is not exposed to significant interest,
currency or credit risks arising from these financial instruments.  Unless
otherwise noted, fair values were assumed to approximate carrying values for
these financial instruments since they are short term in nature and their
carrying amounts approximate fair values or they are receivable or payable on
demand.

d)                Use
of Estimates

The
preparation of financial statements in accordance with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosures of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period. 
Actual results could materially differ from these estimates.

e)                 Reporting
on the costs of start-up activities

Statement of Position 98‐5 (SOP 98‐5), "Reporting on the Costs of Start‐Up
Activities," which provides guidance on the financial reporting of start‐up
costs and organizational costs, to be expensed as incurred. SOP 98‐5 is
effective for fiscal years beginning after 15 December 1998.    With the
adoption of SOP 98‐5, there has been little or no effect on the Company's
financial statements.

f)                  Future
Income Taxes

The
company recognizes income taxes using an asset and liability approach.  Future
income tax assets and liabilities are computed annually for differences between
the financial statements and bases using enacted tax laws and rates applicable
to the periods in which the differences are expressed to affect taxable income.

g)                 Year
End

The
Company has adopted 31 October as its fiscal year end.

Note 3.       GOING
CONCERN

The Company's
financial statements are prepared using the generally accepted accounting
principles applicable to a going concern, which contemplates the realization of
assets and liquidation of liabilities in the normal course of business. 
However, the Company has not commenced its planned principal operations and has
generated no revenues.  In order to obtain the necessary capital, the Company is
in the process of raising funds from private placement subscriptions.  The
Company is dependent upon its ability to secure equity and/or debt financing and
there are no assurances that the Company will be successful, without sufficient
financing it would be unlikely for the Company to continue as a going concern.

The officer and
director is involved in other business activities and may, in the future, become
involved in other business opportunities.  If a specific business opportunity
becomes available, such persons may face a conflict in selecting between the
Company and their other business interests.  The Company has not formulated a
policy for the resolution of such conflicts.

Note 4.       
WEBSITE DEVELOPMENT

The
Company adopted EITF 00-2, "Accounting for Website Development Costs", which
specifies the appropriate accounting for costs incurred in connection with the
development and maintenance of websites.  Under the EITF 00-2, website
development costs are capitalized when acquired and installed, and are being
amortized over its estimated useful life.  For the period ended 31 October 2006,
the Company accrued $5000 website development cost and has not recorded an
amortization of the website development costs as the initial installation of the
website has not yet completed as at 31 October 2006.

Note 5.        RELATED PARTY
TRANSACTIONS

During the fiscal period ended 31 October 2006 the Company received $6,929 of
shareholder loans from the director of the Company.  The loan is unsecured,
non-interest bearing and with no specific terms of repayment.

Note 6.        SHARE CAPITAL

Authorized ‐ 100,000,000 common shares with a par value of $0.001 per share

Issued ‐ 6,055,000 shares have been subscribed to, and which have not
yet been certificated.  However, the By‐Laws of the company treat uncertificated
shares as if the shares were certificated.  Accordingly, uncertificated shares
subscribed to have the same rights as those share which have been certificated.