29 August 2023 false No description of principal activity Taxfiler 2024.6 OC448878business:LimitedLiabilityPartnershipLLP2023-08-292024-03-31 OC4488782023-08-28 OC4488782023-08-292024-03-31 OC448878business:AuditExemptWithAccountantsReport2023-08-292024-03-31 OC448878business:FullAccounts2023-08-292024-03-31 OC4488782024-03-31 OC448878business:PartnerLLP12023-08-292024-03-31 OC448878business:PartnerLLP22023-08-292024-03-31 OC448878business:RegisteredOffice2023-08-292024-03-31 OC448878core:WithinOneYear2024-03-31 OC448878core:ShareCapital2024-03-31 OC448878core:RetainedEarningsAccumulatedLosses2024-03-31 OC448878business:SmallEntities2023-08-292024-03-31 OC448878core:PlantMachinery2023-08-292024-03-31 OC448878core:FurnitureFittings2023-08-292024-03-31 OC448878core:ComputerEquipment2023-08-292024-03-31 OC448878countries:EnglandWales2023-08-292024-03-31 OC448878core:PlantMachinery2023-08-28 OC448878core:FurnitureFittings2023-08-28 OC448878core:ComputerEquipment2023-08-28 OC448878core:PlantMachinery2024-03-31 OC448878core:FurnitureFittings2024-03-31 OC448878core:ComputerEquipment2024-03-31 iso4217:GBP xbrli:pure
Registered No. OC448878 (England and Wales)
Seed Learning London LLP Unaudited accounts for the period from 29 August 2023 to 31 March 2024
Seed Learning London LLP LLP Information for the period from 29 August 2023 to 31 March 2024
Designated members
Mr Zahid Mustafa Khan
Mrs Nooria Hafeez Zaffar Qureshi
Registered Number
OC448878 (England and Wales)
Registered Office
6 Ardwick Road London NW2 2BX England
Accountants
Capital Talks LLP Accountants & Tax consultants 310D - EW Sterling House Langston Road Loughton IG10 3TS
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Seed Learning London LLP Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
22,876 
Current assets
Cash at bank and in hand
1,999 
Creditors: amounts falling due within one year
(1,550)
Net current assets
449 
Net assets attributable to members
23,325 
Represented by:
Loans and other debts due to members
(70,000)
Members' other interests
Members' capital classified as equity
1 
Other reserves
93,324 
93,325 
23,325 
Total members' interests
Loans and other debts due to members
(70,000)
Members' other interests
93,325 
23,325 
For the period ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 25 October 2024.
Mr Zahid Mustafa Khan Designated member Limited Liability Partnership Registration No. OC448878
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Seed Learning London LLP Notes to the Accounts for the period from 29 August 2023 to 31 March 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost.
Fixtures & fittings
20% on cost.
Computer equipment
20% on cost.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
2
Statutory information
Seed Learning London LLP is a limited liability partnership, incorporated in England and Wales, registration number OC448878. Its registered office is 6, Ardwick Road, London, NW2 2BX, England.
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Seed Learning London LLP Notes to the Accounts for the period from 29 August 2023 to 31 March 2024
3
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 29 August 2023
- 
- 
- 
- 
Additions
4,598 
14,999 
8,999 
28,596 
At 31 March 2024
4,598 
14,999 
8,999 
28,596 
Depreciation
Charge for the period
920 
3,000 
1,800 
5,720 
At 31 March 2024
920 
3,000 
1,800 
5,720 
Net book value
At 31 March 2024
3,678 
11,999 
7,199 
22,876 
4
Creditors: amounts falling due within one year
2024 
£ 
Accruals
1,550 
5
Loans and other debts due to members
2024 
£ 
Amounts due to members in respect of profits
(70,000)
Amounts falling due within one year
(70,000)
6
Average number of employees
During the period the average number of employees was 2.
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