SEEDLEGALS LTD


Directors	Christophe Czajka
	Laurent Pierre Marie Raoul Edmond Laffy
	Anthony Morris Rose
	Hannah Leah Seal


Registered Address	100 Bunhill Row
	London
	EC1Y 8ND


Registered Number	10368887 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		8,388		36,837
Tangible assets	4		113,482		72,012
			121,870		108,849
Current assets
Debtors	5	1,448,240		1,189,574
Cash at bank and on hand		687,842		2,078,972
		2,136,082		3,268,546
Creditors amounts falling due within one year	6	(4,623,461)		(4,085,355)
Net current assets (liabilities)			(2,487,379)		(816,809)
Total assets less current liabilities			(2,365,509)		(707,960)
Net assets			(2,365,509)		(707,960)
Capital and reserves
Called up share capital			73,889		72,334
Share premium			6,181,291		5,821,522
Profit and loss account			(8,620,689)		(6,601,816)
Shareholders' funds			(2,365,509)		(707,960)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 August 2026, and are signed on its behalf by:

Anthony Morris Rose
Director
Registered Company No. 10368887

SEEDLEGALS LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible fixed assets are included at cost less accumulated amortisation. Trademarks - Straight Line Method - 3 years Website Development - Reducing balance Method 33% per annum

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	155		156

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 25	218,812	218,812
Additions	53,900	53,900
At 31 December 25	272,712	272,712
Amortisation and impairment
At 01 January 25	181,975	181,975
Charge for year	82,349	82,349
At 31 December 25	264,324	264,324
Net book value
At 31 December 25	8,388	8,388
At 31 December 24	36,837	36,837

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	18,197	193,815	212,012
Additions	46,522	50,244	96,766
Disposals	-	(10,571)	(10,571)
At 31 December 25	64,719	233,488	298,207
Depreciation and impairment
At 01 January 25	6,238	133,762	140,000
Charge for year	12,254	42,544	54,798
On disposals	-	(10,073)	(10,073)
At 31 December 25	18,492	166,233	184,725
Net book value
At 31 December 25	46,227	67,255	113,482
At 31 December 24	11,959	60,053	72,012

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	8,157	5,419
Amounts owed by group undertakings	658,688	836,055
Other debtors	414,865	116,557
Prepayments and accrued income	284,325	231,543
Deferred tax asset, debtors	82,205	-
Total	1,448,240	1,189,574

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	177,935	147,530
Bank borrowings and overdrafts	1,070	48,627
Taxation and social security	749,331	708,703
Other creditors	41,231	60,493
Accrued liabilities and deferred income	3,653,894	3,120,002
Total	4,623,461	4,085,355

7.	Contingent liabilities
	There were no financial guarantees or commitments, either ongoing or entered into during the period.

8.	Directors advances, credits and guarantees
	There were no advances, credits, or guarantees granted to the directors during the period.

9.	Off-balance sheet arrangements
	The company had no off-balance sheet arrangements at year-end or at any stage during the period.

10.	Related party transactions
	As at 31 December 2025, the company was owed £658,688 by related parties, comprising £553,301 from SeedLegals Inc and £105,387 from SeedLegals MPL. During the year, the company wrote off a loan due from SeedLegals SAS, the amount written off was £1,472,229. Following the write-off, the balance due from SeedLegals SAS at the reporting date was £nil.