Front Seed Labs Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08688480

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,505		1,573

			4,505		1,573
CURRENT ASSETS
Debtors	5	19,982		14,512
Cash at bank and in hand		35,883		37,024

		55,865		51,536
Creditors: Amounts Falling Due Within One Year	6	(39,900 )		(37,733 )

NET CURRENT ASSETS (LIABILITIES)			15,965		13,803

TOTAL ASSETS LESS CURRENT LIABILITIES			20,470		15,376

NET ASSETS			20,470		15,376

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			20,370		15,276

SHAREHOLDERS' FUNDS			20,470		15,376

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Page 2

Front Seed Labs Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Attila Beregszaszi

Director

18/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Front Seed Labs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08688480 . The registered office is 4th Floor, 1 Greek Street, London, W1D 4NQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Computer Equipment	33.33% straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

The tax expense represents the current tax payable on the company’s taxable profit for the year. Taxable profit may differ from the profit reported in the in the statement of comprehensive income because some income and expenses are taxable or deductible in different periods, or are not taxable or deductible.

Current tax is calculated using tax rates and laws enacted or substantively enacted at the reporting date. Deferred tax is considered on timing differences and recognised where material.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Front Seed Labs Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	13,907	13,030	26,937
Additions	-	5,897	5,897

As at 30 September 2025	13,907	18,927	32,834

Depreciation
As at 1 October 2024	13,907	11,457	25,364
Provided during the period	-	2,965	2,965

As at 30 September 2025	13,907	14,422	28,329

Net Book Value
As at 30 September 2025	-	4,505	4,505

As at 1 October 2024	-	1,573	1,573

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	19,800	14,213
Other debtors	182	299

	19,982	14,512

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	81	-
Other creditors	1,004	3,805
Taxation and social security	38,815	33,928

	39,900	37,733

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