REGISTERED NUMBER: OC447157 (England and Wales)

TRANSFORMATIONAL TEACHING LLP

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 31 DECEMBER 2024

Page

Report of the Members

1

Income Statement

2

Balance Sheet

3

Notes to the Financial Statements

4

The members present their report with the financial statements of the LLP for the period 1 June 2024 to 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the period under review was that of educational support services.

DESIGNATED MEMBERS

The designated members during the period under review were:

Mr J Preston

Mathematical Dexterity Limited

Ms E Price

Ms A Maalin

Ms M Elsandel

Ms T Guthrie

Mr D Mugisha

Mr T Pugh

Mr M Dontoh

Mr K Nanthakumar

Ms M Olaiya

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS

The profit for the period before members' remuneration and profit shares was £39,203 (2024 - £42,633 loss).

MEMBERS' INTERESTS

Profits and losses are allocated among members in accordance with the LLP agreement. Members’ interests at the balance sheet date consist of loans and current accounts, as follows:

Loans: £66,199

Current Accounts: (£25,807)

ON BEHALF OF THE MEMBERS:

Mathematical Dexterity Limited - Designated member

23 September 2025

TURNOVER

143,301

42,623

Cost of sales

45,186

36,595

GROSS PROFIT

98,115

6,028

Administrative expenses

59,140

48,696

OPERATING PROFIT/(LOSS)

4

38,975

(42,668

)

Interest receivable and similar income

228

35

PROFIT/(LOSS) FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

39,203

(42,633

)

CURRENT ASSETS

Debtors

5

12,326

46,313

Cash at bank

41,590

13,277

53,916

59,590

CREDITORS

Amounts falling due within one year

6

13,524

59,590

NET CURRENT ASSETS

40,392

-

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

40,392

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

40,392

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

40,392

-

Amounts due from members

5

-

(42,633

)

40,392

(42,633

)

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 period ended 31 December 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.

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

The financial statements were approved by the members of the LLP and authorised for issue on 23 September 2025 and were signed by:

Mathematical Dexterity Limited - Designated member

1.	STATUTORY INFORMATION

Transformational Teaching LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC447157

Registered office:

7-8

Portmill Lane

Hitchin

Hertfordshire

SG5 1DJ

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover is derived from educational support services and is recognised when the service is delivered to the

customer. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2024 - 4 ).

4.	OPERATING PROFIT/(LOSS)

The operating profit (2024 - operating loss) is stated after charging:

PERIOD

PERIOD

1.6.24

2.5.23

TO

TO

31.12.24

31.5.24

£

£

Formation costs

-

180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Other debtors

12,326

46,313

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade creditors

1,194

541

Taxation and social security

2,779

2,813

Other creditors

9,551

56,236

13,524

59,590