1 May 2024 true No description of principal activity Taxfiler 2024.6 OC374841 business:LimitedLiabilityPartnershipLLP 2024-05-01 2025-04-30 OC374841 2024-04-30 OC374841 business:EntityNoLongerTradingButTradedInPast 2024-05-01 2025-04-30 OC374841 2024-05-01 2025-04-30 OC374841 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 OC374841 business:FilletedAccounts 2024-05-01 2025-04-30 OC374841 2025-04-30 OC374841 business:PartnerLLP1 2024-05-01 2025-04-30 OC374841 business:PartnerLLP2 2024-05-01 2025-04-30 OC374841 business:RegisteredOffice 2024-05-01 2025-04-30 OC374841 2024-04-30 OC374841 core:ShareCapital 2025-04-30 OC374841 core:ShareCapital 2024-04-30 OC374841 core:RetainedEarningsAccumulatedLosses 2025-04-30 OC374841 core:RetainedEarningsAccumulatedLosses 2024-04-30 OC374841 business:SmallEntities 2024-05-01 2025-04-30 OC374841 countries:EnglandWales 2024-05-01 2025-04-30 OC374841 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered No. OC374841 (England and Wales)
SEPAL INTERNATIONAL LLP Unaudited accounts for the year ended 30 April 2025
SEPAL INTERNATIONAL LLP LLP Information for the year ended 30 April 2025
Designated members
Satish Rameshchandra Vijaywargi
Manju Satish Vijaywargi
Registered Number
OC374841 (England and Wales)
Registered Office
85 Great Portland Street, First Floor London W1W 7LT United Kingdom
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SEPAL INTERNATIONAL LLP Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
1,636,258
1,636,258
Net current assets
1,636,258
1,636,258
Net assets attributable to members
1,636,258
1,636,258
Represented by:
Loans and other debts due to members
3
1,621,236
1,621,236
Members' other interests
Members' capital classified as equity
1,251,924
1,251,924
Other reserves
(1,236,902)
(1,236,902)
15,022
15,022
1,636,258
1,636,258
Total members' interests
Loans and other debts due to members
1,621,236
1,621,236
Members' other interests
15,022
15,022
1,636,258
1,636,258
For the year ending 30 April 2025 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006 (as applied to LLPs) relating to dormant 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 5 August 2025.
Satish Rameshchandra Vijaywargi Designated member Limited Liability Partnership Registration No. OC374841
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SEPAL INTERNATIONAL LLP Notes to the Accounts for the year ended 30 April 2025
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.
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.
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.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneration charged as an expense in the profit and loss account.
2
Statutory information
SEPAL INTERNATIONAL LLP is a limited liability partnership, incorporated in England and Wales, registration number OC374841. Its registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, United Kingdom.
3
Loans and other debts due to members
2025
2024
£
£
Amounts due to members in respect of profits
1,621,236
1,621,236
Amounts falling due within one year
1,621,236
1,621,236
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
4
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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