Registered No. OC448878 (England and Wales)
Seed Learning London LLP
Unaudited accounts
for the year ended 31 March 2025
Seed Learning London LLP
LLP Information
for the year ended 31 March 2025
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
Seed Learning London LLP
Statement of financial position
as at 31 March 2025
Tangible assets
24,775
22,876
Cash at bank and in hand
191,921
1,999
Creditors: amounts falling due within one year
(885)
(1,550)
Net current assets
191,036
449
Net assets attributable to members
215,811
23,325
Loans and other debts due to members
(116,401)
(70,000)
Members' capital classified as equity
64,370
1
Other reserves
267,842
93,324
Loans and other debts due to members
(116,401)
(70,000)
Members' other interests
332,212
93,325
For the year ending 31 March 2025 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 28 October 2025.
Mr Zahid Mustafa Khan
Designated member
Limited Liability Partnership Registration No. OC448878
Seed Learning London LLP
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
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 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 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 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.
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.
Seed Learning London LLP
Notes to the Accounts
for the year ended 31 March 2025
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
4,598
14,999
8,999
28,596
Additions
505
8,351
-
8,856
At 31 March 2025
5,103
23,350
8,999
37,452
At 1 April 2024
920
3,000
1,800
5,720
Charge for the year
936
4,221
1,800
6,957
At 31 March 2025
1,856
7,221
3,600
12,677
At 31 March 2025
3,247
16,129
5,399
24,775
At 31 March 2024
3,678
11,999
7,199
22,876
4
Creditors: amounts falling due within one year
2025
2024
5
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
(116,401)
(70,000)
Amounts falling due within one year
(116,401)
(70,000)
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).