Company No: OC363855 (England and Wales)

Contents

• Limited Liability Partnership Information
• Balance Sheet
• Reconciliation of Members' Interests
• Notes to the Financial Statements

DESIGNATED MEMBERS	Ms Abigail Blyth
	Baron Blyth of Rowington

REGISTERED OFFICE	166 Mozart Terrace
	Ebury Street
	London
	SW1W 8UP
	United Kingdom

REGISTERED NUMBER

OC363855 (England and Wales)

ACCOUNTANT	S&W Partners LLP
	Onslow House
	Onslow Street
	Guildford
	GU1 4TL

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	2,926		0
		2,926		0
Current assets
Debtors	4	66,930		56,778
Cash at bank and in hand		1,664,786		1,693,505
		1,731,716		1,750,283
Creditors: amounts falling due within one year	5	( 9,764)		( 14,977)
Net current assets		1,721,952		1,735,306
Total assets less current liabilities		1,724,878		1,735,306
Net assets attributable to members		1,724,878		1,735,306
Represented by
Loans and other debts due to members within one year
Other amounts		830,588		830,589
		830,588		830,589
Members' other interests
Members' capital classified as equity		1,247,376		1,247,376
Other reserves		(353,086)		(342,659)
		894,290		904,717
		1,724,878		1,735,306
Total members' interests
Amounts due from members (included in debtors)		(65,930)		(55,778)
Loans and other debts due to members		830,588		830,589
Members' other interests	6	894,290		904,717
		1,658,948		1,679,528

For the financial year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Blyth & Partners LLP (registered number: OC363855) were approved and authorised for issue by the Board of Directors on 27 August 2025. They were signed on its behalf by:

Ms Abigail Blyth Designated member

	EQUITY Members' other interests			DEBT Loans and other debts due to members less any amounts due from members in debtors	Total members' interests
	Members' capital (classified as equity)	Other reserves	Total	Other amounts	Total
	£	£	£	£	£
Amounts due to members				830,589
Amounts due from members				(41,023)
Balance at 01 April 2023	1,247,376	(332,953)	914,423	789,566	1,703,989
Loss for the financial year available for discretionary division among members	0	(9,706)	(9,706)	0	(9,706)
Members' interest after loss for the financial year	1,247,376	(342,659)	904,717	789,566	1,694,283
Drawings	0	0	0	(14,755)	(14,755)
Amounts due to members				830,589
Amounts due from members				(55,778)
Balance at 31 March 2024	1,247,376	(342,659)	904,717	774,811	1,679,528
Loss for the financial year available for discretionary division among members	0	(10,427)	(10,427)	0	(10,427)
Members' interest after loss for the financial year	1,247,376	(353,086)	894,290	774,811	1,669,101
Drawings	0	0	0	(10,153)	(10,153)
Amounts due to members				830,588
Amounts due from members				(65,930)
Balance at 31 March 2025	1,247,376	(353,086)	894,290	764,658	1,658,948

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

Other reserves include an unrealised loss on revaluation of the investment property.

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Blyth & Partners LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 166 Mozart Terrace, Ebury Street, London, SW1W 8UP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" as applicable to companies subject to the small companies regime.

The functional currency of Blyth & Partners LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the LLP operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The members have made an assessment in preparing these financial statements as to whether the LLP is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Division and distribution of profits

Profit and losses

Profit of the LLP shall be distributed amongst the members in proportion to that agreed in the members' agreement. Losses are not allocated to members unless otherwise agreed. The loss is recognised as a debit within equity under 'Other reserves'.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members’ participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member’s participation rights including amounts subscribed or otherwise contributed by members, for example members’ capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

The profits are not automatically divided as they arise, the LLP therefore has an unconditional right to refuse payment of the profits for a particular year unless and until those profits are divided by a decision taken by the members; and accordingly, following such a division, those profits are classed as an appropriation or equity rather than an expense. They are therefore shown as a residual amount available for appropriation in the Profit and Loss Account.

All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	0		0

The entity has no employees.

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2024	0		0
Additions	2,926		2,926
At 31 March 2025	2,926		2,926
Accumulated depreciation
At 01 April 2024	0		0
At 31 March 2025	0		0
Net book value
At 31 March 2025	2,926		2,926
At 31 March 2024	0		0

4. Debtors

	2025		2024
	£		£
Amounts owed by members	65,930		55,778
Other debtors	1,000		1,000
	66,930		56,778

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Accruals	9,764		14,977

6. Loans and other debts due to members

	2025		2024
	£		£
Amounts due from members	65,930		55,778
Amounts due to members	(830,589)		(830,589)
	(764,659)		(774,811)

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.