| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Blockstone Capital Partners LLP |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Blockstone Capital Partners LLP |
| Blockstone Capital Partners LLP (Registered number: OC416364) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Blockstone Capital Partners LLP |
| General Information |
| for the Year Ended 31 March 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| INDEPENDENT AUDITORS: |
| Upper Ground Floor |
| 18 Farnham Road |
| Guildford |
| Surrey |
| GU1 4XA |
| BANKERS: |
| 440,Strand |
| London, WC2R 0QS |
| Revolut Ltd |
| 7, Westferry Circus, Canary Wharf |
| London, E14 4HD |
| Blockstone Capital Partners LLP (Registered number: OC416364) |
| Balance Sheet |
| 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 6 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS | 96,494 | 93,323 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS | 7 | 21,494 | 8,323 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 75,000 | 85,000 |
| 96,494 | 93,323 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 7 | 21,494 | 8,323 |
| Members' other interests | 75,000 | 85,000 |
| 96,494 | 93,323 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Blockstone Capital Partners LLP (Registered number: OC416364) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Blockstone Capital Partners 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Foreign currencies |
| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Trade creditors |
| Other creditors |
| Blockstone Capital Partners LLP (Registered number: OC416364) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Other creditors |
| 7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. |
| There is no provision for specific legally enforceable protection afforded to creditors in such an event. |
| There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'. |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | OTHER FINANCIAL COMMITMENTS |
| At the balance sheet date, the partnership had the following future minimum lease payments under non-cancellable operating leases for each of the following periods: |
| 2025 | 2024 |
| £ | £ |
| Due within one year | 26,630 | 27,000 |
| 10. | RELATED PARTY DISCLOSURES |
| A long-term loan due from the LLP to Blockstone Holdings Ltd, a corporate member of the LLP and ultimately controlled by Carl Szantyr, also a member of the LLP, existed during the year. Additional financing of £11,476 was provided during the year and repayments of £13,025 were made. All interest due on the loan for the year was waived and the remaining balance on the loan of £19,937 was cancelled at the year end, to leave a nil balance at 31.03.25 (2024: £21,486). |
| In addition, the LLP had a short-term loan due to Blockstone Holdings Ltd. During the year, additional financing of £84,118 was provided and £93,717 was repaid. All interest due on the loan for the year was waived. The remaining debtor balance of £7,361 was written back at the year end to leave a nil balance on this loan at 31.03.25 (2024: £2,238). |
| Blockstone Holdings Ltd also owed the LLP £77,125 at 31.03.25 (2024: £77,125) in respect of a callable loan. Interest on this loan was waived for the year. |
| Blockstone Digital Assets Multi-Strategy Fund, a fund controlled by the LLP members, owed £25,597 in respect of outstanding sales invoices at 31.03.25 (2024:£5,056 in respect of a sales ledger balance and £30,434 in respect of invoices paid on behalf of the fund). |
| Blockstone Capital Partners LLP (Registered number: OC416364) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is C Szantyr. |
| The ultimate controlling party is |