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Company Registration No. 16010800 (England and Wales)
Bleu Squared Limited Unaudited accounts for the period from 10 October 2024 to 31 October 2025
Bleu Squared Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bleu Squared Limited Company Information for the period from 10 October 2024 to 31 October 2025
Director
Dale Ura Regan
Company Number
16010800 (England and Wales)
Registered Office
Unit 7 Bridge View Park Henry Boot Way Hull HU4 7DW England
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Bleu Squared Limited Statement of financial position as at 31 October 2025
2025
Notes
£
Current assets
Cash at bank and in hand
300,803
Net current assets
300,803
Total assets less current liabilities
300,803
Creditors: amounts falling due after more than one year
4
(762,819)
Net liabilities
(462,016)
Capital and reserves
Called up share capital
1
Profit and loss account
(462,017)
Shareholders' funds
(462,016)
For the period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 July 2026 and were signed on its behalf by
Dale Ura Regan Director Company Registration No. 16010800
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Bleu Squared Limited Notes to the Accounts for the period from 10 October 2024 to 31 October 2025
1
Statutory information
Bleu Squared Limited is a private company, limited by shares, registered in England and Wales, registration number 16010800. The registered office is Unit 7 Bridge View Park, Henry Boot Way, Hull, HU4 7DW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention, as modified by the measurement of derivative financial instruments at fair value through profit or loss, and on the going concern basis as described in the going concern note.
Presentation currency
The accounts are presented in £ sterling.
Other operating income
Other operating income represents the net gains and losses arising from the company's trading in futures contracts and other derivative financial instruments, which is the company's principal activity. Other operating income comprises realised gains and losses on contracts closed out during the year, together with unrealised gains and losses arising from the revaluation of open positions to fair value at the balance sheet date. Fair value is determined by reference to quoted prices on the relevant exchange at the reporting date. Gains and losses are recognised in the profit and loss account in the period in which they arise.
Derivative financial instruments
The company enters into exchange-traded futures contracts and other derivative financial instruments in the course of its principal activity. Derivatives are recognised at fair value on the date the contract is entered into and are subsequently remeasured to fair value at each balance sheet date, with changes in fair value recognised in the profit and loss account in the period in which they arise. Fair value is determined by reference to quoted prices on the relevant exchange at the reporting date. Any open positions at the balance sheet date are presented within current assets or current liabilities as appropriate. Cash held as margin with brokers is included within cash at bank and in hand.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are recognised in the profit and loss account in the period in which they arise.
Going concern
The company made a loss of £462,017 for the period and at 31 October 2025 had net liabilities of £462,016. The company's activities are funded by loans from its parent company, which at the balance sheet date amounted to £761,819 and are not repayable within one year. The parent company has confirmed its intention to continue to provide financial support to the company, and not to seek repayment of the amounts owed, for a period of at least twelve months from the date of approval of these financial statements. On this basis, the director considers it appropriate to prepare the accounts on the going concern basis.
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Bleu Squared Limited Notes to the Accounts for the period from 10 October 2024 to 31 October 2025
4
Creditors: amounts falling due after more than one year
2025
£
Amounts owed to group undertakings and other participating interests
761,819
Loans from directors
1,000
762,819
5
Transactions with related parties
The company's immediate and ultimate parent company is Bleu Box Limited, a company registered in England and Wales. During the period, Bleu Box Limited provided loans to the company amounting to £761,819 (note 5). The loans are interest-free, unsecured, and are not repayable within one year of the balance sheet date. These loans were not made on normal market terms. At the balance sheet date, the company also owed £1,000 to the director, Dale Ura Regan (note 5). The loan is interest-free, unsecured, and is not repayable within one year of the balance sheet date.
6
Controlling party
The company's immediate and ultimate parent company is Bleu Box Limited, a company registered in England and Wales. The ultimate controlling party is Dale Ura Regan, by virtue of his controlling interest in Bleu Box Limited.
7
Average number of employees
During the period the average number of employees was 1.
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