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REGISTERED NUMBER: OC416364 (England and Wales)













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: V Iversen
C Szantyr



REGISTERED OFFICE: 21, Knightsbridge
LONDON
SW1 7LY



REGISTERED NUMBER: OC416364 (England and Wales)



INDEPENDENT AUDITORS: Bennewith 2018 Limited (Statutory Auditors)
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA



BANKERS: Coutts & Co
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 4 106,868 120,580
Cash at bank 591 2,904
107,459 123,484
CREDITORS
Amounts falling due within one year 5 10,965 8,675
NET CURRENT ASSETS 96,494 114,809
TOTAL ASSETS LESS CURRENT LIABILITIES 96,494 114,809

CREDITORS
Amounts falling due after more than one year 6 - 21,486
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 have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 25 July 2025 and were signed by:



C Szantyr - Designated member

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
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.

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 - 3,651
Other debtors 106,868 116,929
106,868 120,580

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 4,165 14
Other creditors 6,800 8,661
10,965 8,675

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 - 21,486

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.

A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA (Senior Statutory Auditor)
for and on behalf of Bennewith 2018 Limited (Statutory Auditors)

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:

20252024
££
Due within one year26,63027,000

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 C Szantyr.