REGISTERED NUMBER: 13568548 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

BLUEVERSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

E M D Hudault

F S G Lafranca

Registered office:

7 Bell Yard

London

WC2A 2JR

Registered number:

13568548 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Intangible assets

5

4,352

-

Tangible assets

6

280

808

Investments

7

292,259

207,900

296,891

208,708

Current assets

Debtors

8

373,981

220,156

Cash at bank

425,678

342,867

799,659

563,023

Creditors

Amounts falling due within one year

9

(69,343

)

(32,736

)

Net current assets

730,316

530,287

Total assets less current liabilities

1,027,207

738,995

Creditors

Amounts falling due after more than one year

10

(424,908

)

-

Net assets

602,299

738,995

Capital and reserves

Called up share capital

11

1

1

Share premium

804,983

804,983

Retained earnings

(202,685

)

(65,989

)

Shareholders' funds

602,299

738,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2026 and were signed on its behalf by:

F S G Lafranca - Director

1.	Statutory information

Blueverse 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. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Exchange-based tokens are classified as intangible assets and initially recognised at cost. Subsequently, tokens are measured at cost less any accumulated impairment, unless fair value can be reliably determined based on market prices.

Impairment is assessed whenever there is an indication that the carrying amount may not be recoverable, with any impairment loss recognised in the Profit and Loss Account.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% straight line

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or 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.

Going concern

The director has carefully considered the company's financial position and future prospects. The company has successfully secured additional loan funding during the year and has entered into new contracts which are expected to generate sufficient cash flow in the foreseeable future.

Based on the above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

4.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

5.	Intangible fixed assets

Website

development

costs

£

Cost

Additions

5,440

At 31 August 2025

5,440

Amortisation

Amortisation for year

1,088

At 31 August 2025

1,088

Net book value

At 31 August 2025

4,352

6.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 September 2024

and 31 August 2025

1,600

Depreciation

At 1 September 2024

792

Charge for year

528

At 31 August 2025

1,320

Net book value

At 31 August 2025

280

At 31 August 2024

808

7.	Fixed asset investments

Other

investments

£

Cost

At 1 September 2024

207,900

Additions

84,359

At 31 August 2025

292,259

Net book value

At 31 August 2025

292,259

At 31 August 2024

207,900

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

373,981

220,156

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

66,427

27,611

Other creditors

2,916

5,125

69,343

32,736

10.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

424,908

-

The amount shown in long-term other creditors is a loan. The loan is unsecured, interest free and carries no covenants.

The loan is provided by a third party and is not repayable within 12 months of the balance sheet date. Repayment become due once certain conditions attached to the loan have been satisfied, which are not expected to occur until at least two years after the balance sheet date.

The lender has the option to convert the outstanding balance into equity shares of the company upon the occurrence of specified events and at terms set out in the loan agreement.

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100,000

Ordinary

0.00001

1

1

12.	Related party disclosures

At the year end the director owed the company £307,554 (2024: £192,545). The loan is non-interest bearing and repayable on demand.