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REGISTERED NUMBER: OC376179 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Blind Pass LLP

Blind Pass LLP (Registered number: OC376179)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Blind Pass LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: E Shaw
R Chandar





REGISTERED OFFICE: 8 Hampstead Gate
1A Frognal
Hampstead
London
NW3 6AL





REGISTERED NUMBER: OC376179 (England and Wales)





ACCOUNTANTS: Brackman Chopra LLP
Chartered Accountants
8 Hampstead Gate
1 A Frognal
Hampstead
London
NW3 6AL

Blind Pass LLP (Registered number: OC376179)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 459,031 457,971

CURRENT ASSETS
Debtors 4,063 1,375
Cash at bank 434 4,145
4,497 5,520
CREDITORS
Amounts falling due within one year 8,796 12,549
NET CURRENT LIABILITIES (4,299 ) (7,029 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

454,732

450,942

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

454,732

450,942

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 454,732 450,942

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 year ended 31 March 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.

Blind Pass LLP (Registered number: OC376179)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 21 November 2024 and were signed by:




E Shaw - Designated member




R Chandar - Designated member


Blind Pass LLP (Registered number: OC376179)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Blind Pass LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Capital
The capital requirements of the partnership are determined from time to time by the members. Each member is required to subscribe a proportion of this capital. No interest is paid on capital.

Allocation of profit and drawings
The allocation of profits and losses to those who were members during the financial year occurs on a periodic basis during the financial year with a final allocation being made following the finalisation of the annual financial statements. As permitted by the Limited Liability Partnership Regulations allocated profits may not necessarily represent all the profits arising in a particular financial year if the members considers it appropriate to retain profits or to allocate profits previously retained.

The level and timing of the distributions are decided upon by the members, taking account of the partnerships cash requirements for operating and investment activities. Drawings represent payments on account of current years profits and are reclaimable from members until profits have been allocated. Any over-distribution of profits during the year is also recoverable from members.

Pending the allocation of profits and their division between members, therefore, drawings are shown in debtors as "Amounts due from members". Unallocated profits are shown in "Members other interests".

Financial assets
Financial assets, including trade and other receivables, cash & bank balances, investments and loans from connected and fellow group company's are initially recognised at transaction price and subsequently measured at amortised cost.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks.

Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from connected and fellow group companies are initially measured at transaction price and subsequently measured at amortised cost.

Derecognition of financial assets and liabilities
A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party. A financial liability (or part thereof) is derecognised when the obligation specified in the contract is discharged, cancelled or expires.

Blind Pass LLP (Registered number: OC376179)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 533,355
Additions 5,575
At 31 March 2024 538,930
DEPRECIATION
At 1 April 2023 75,384
Charge for year 4,515
At 31 March 2024 79,899
NET BOOK VALUE
At 31 March 2024 459,031
At 31 March 2023 457,971

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Capital loans and other debts due to members rank behind creditors, in accordance with the members agreement.