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REGISTERED NUMBER: 09580739 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BLU FAMILY OFFICE LIMITED

BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLU FAMILY OFFICE LIMITED

COMPANY INFORMATION
for the year ended 30 April 2025







DIRECTORS: C Armbruester
Ms M E C Redron





REGISTERED OFFICE: 15 Little Green
Richmond
London
TW9 1QH





REGISTERED NUMBER: 09580739 (England and Wales)





AUDITORS: Dafferns Audit Limited
Chartered Accountants
Statutory Auditor
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)

BALANCE SHEET
30 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 649 362

CURRENT ASSETS
Debtors 6 97,873 109,852
Cash at bank 310,005 167,266
407,878 277,118
CREDITORS
Amounts falling due within one year 7 18,229 33,240
NET CURRENT ASSETS 389,649 243,878
TOTAL ASSETS LESS CURRENT
LIABILITIES

390,298

244,240

CAPITAL AND RESERVES
Called up share capital 8 21,092 10,546
Share premium 2,299,475 1,960,023
Retained earnings (1,930,269 ) (1,726,329 )
SHAREHOLDERS' FUNDS 390,298 244,240

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2025 and were signed on its behalf by:





Ms M E C Redron - Director


BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2025

1. STATUTORY INFORMATION

Blu Family Office Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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 Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The company has a satisfactory capital position and as a consequence the directors believe that the company is well placed to manage its business risks successfully. The directors have prepared a forecast for the year ahead and based on this have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they adopt the going concern basis in the preparing the financial statements.

Turnover
Revenue represents fees receivable (net of value added tax) during the year for investment management services. Management fees are recognised when receivable. Performance fees, which are based on the investment performance achieved for certain client portfolios relative to predefined benchmarks, are recognised as revenue at the end of the period over which the performance is measured.

Tangible fixed assets
Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

Depreciation is provided on the cost of tangible assets in equal annual instalments over their estimated useful lives, which are as follows :

Fixtures and fittings - 3 years
Computers- 3 years

Any gains and losses on the disposal of tangible fixed assets are recognised in the statement of comprehensive income in the year that the disposal takes place.

Financial instruments
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset in measured at the present value of the future receipts discounted at a market rate of interest.


BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme.

The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

Leasing commitments
Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight line basis over the lease term.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2024 6,974 20,140 27,114
Additions - 879 879
At 30 April 2025 6,974 21,019 27,993
DEPRECIATION
At 1 May 2024 6,960 19,792 26,752
Charge for year 14 578 592
At 30 April 2025 6,974 20,370 27,344
NET BOOK VALUE
At 30 April 2025 - 649 649
At 30 April 2024 14 348 362

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 15,000
Other debtors 11,750 11,750
VAT 768 -
Prepayments and accrued income 85,355 83,102
97,873 109,852

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
VAT - 1,173
Accruals and deferred income 18,229 32,067
18,229 33,240

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2,109,120 Ordinary 1p 21,092 10,546

1,054,560 Ordinary shares of 1p each were allotted as fully paid at a premium of 32.189p per share during the year.

BLU FAMILY OFFICE LIMITED (REGISTERED NUMBER: 09580739)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Geoffrey Cox BA FCA (Senior Statutory Auditor)
for and on behalf of Dafferns Audit Limited

10. FINANCIAL COMMITMENTS

Financial commitments and guarantees in respect of operating leases for property and office equipment, which are not included in the balance sheet, amount to £72,000 (2024 £23,500) in total.

11. ULTIMATE CONTROLLING PARTY

The company is not under the overall control of any one individual.