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REGISTERED NUMBER: OC442068 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

SEDNA CAPITAL LLP

SEDNA CAPITAL LLP (REGISTERED NUMBER: OC442068)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEDNA CAPITAL LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DESIGNATED MEMBERS: N Winstanley-Edwards
Mrs L Zhao





REGISTERED OFFICE: Sedna House
Marshfield Road,
Castleton
Cardiff
Cardiff
CF3 2UW





REGISTERED NUMBER: OC442068 (England and Wales)





ACCOUNTANTS: Menter Business Advisors Limited
68 Heol Lewis
Rhiwbina
Cardiff
South Glamorgan
CF14 6QB

SEDNA CAPITAL LLP (REGISTERED NUMBER: OC442068)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 788,985 826,386

CURRENT ASSETS
Debtors 5 28,783 95,392
Cash at bank 73,872 51,473
102,655 146,865
CREDITORS
Amounts falling due within one year 6 870,770 900,188
NET CURRENT LIABILITIES (768,115 ) (753,323 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

20,870

73,063

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

20,870

73,063

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 20,870 73,063

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30th April 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

SEDNA CAPITAL LLP (REGISTERED NUMBER: OC442068)

BALANCE SHEET - continued
30TH APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30th January 2025 and were signed by:





N Winstanley-Edwards - Designated member

SEDNA CAPITAL LLP (REGISTERED NUMBER: OC442068)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Sedna Capital LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 623,489 241,225 864,714
Additions - 25,139 25,139
At 30th April 2024 623,489 266,364 889,853
DEPRECIATION
At 1st May 2023 8,437 29,891 38,328
Charge for year 11,361 51,179 62,540
At 30th April 2024 19,798 81,070 100,868
NET BOOK VALUE
At 30th April 2024 603,691 185,294 788,985
At 30th April 2023 615,052 211,334 826,386

SEDNA CAPITAL LLP (REGISTERED NUMBER: OC442068)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 7,526
VAT - 49,380
Prepayments 28,783 38,486
28,783 95,392

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1 41,842
Amounts owed to associates 829,105 804,105
VAT 1,118 -
Other creditors 7,050 7,050
Accruals and deferred income 32,246 45,941
Accrued expenses 1,250 1,250
870,770 900,188

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

These balances comprise short term loans from the members and expense items paid by the members. It is anticipated that these balances will be repaid to the members over time out of profits.