Company Registration No. 09891007 (England and Wales)
BOOM VENTURES LONDON LTD
Unaudited accounts
for the year ended 30 April 2019
BOOM VENTURES LONDON LTD
Unaudited accounts
Contents
BOOM VENTURES LONDON LTD
Company Information
for the year ended 30 April 2019
Company Number
09891007 (England and Wales)
Registered Office
24A OAKMEAD ROAD
LONDON
SW12 9SL
UNITED KINGDOM
Accountants
Alexander Rosse Limited
153 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
BOOM VENTURES LONDON LTD
Statement of financial position
as at
30 April 2019
Intangible assets
83,048
60,784
Tangible assets
365,347
172,830
Cash at bank and in hand
77,808
422,117
Creditors: amounts falling due within one year
(267,056)
(193,088)
Net current (liabilities)/assets
(74,207)
329,799
Total assets less current liabilities
374,188
563,413
Creditors: amounts falling due after more than one year
(58,091)
-
Net assets
316,097
563,413
Called up share capital
2,306
2,055
Share premium
1,116,325
997,945
Profit and loss account
(802,534)
(436,587)
Shareholders' funds
316,097
563,413
For the year ending 30 April 2019 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 her 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.
Approved by the Board on 3 October 2019.
Eve Bugler
Director
Company Registration No. 09891007
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2019
BOOM VENTURES LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 09891007. The registered office is 24A OAKMEAD ROAD, LONDON, SW12 9SL, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Varying Rates
Fixtures & fittings
Varying Rates
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the company continues to adopt the going concern basis of accounting in preparing the financial statements.
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2019
4
Intangible fixed assets
Other
Charge for the year
7,736
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2018
112,753
10,897
75,127
5,719
204,496
Additions
128,831
869
95,310
5,859
230,869
At 30 April 2019
241,584
11,766
170,437
11,578
435,365
At 1 May 2018
13,904
3,059
12,778
1,925
31,666
Charge for the year
18,374
2,735
14,640
2,603
38,352
At 30 April 2019
32,278
5,794
27,418
4,528
70,018
At 30 April 2019
209,306
5,972
143,019
7,050
365,347
At 30 April 2018
98,849
7,838
62,349
3,794
172,830
Raw materials
10,346
3,727
Accrued income and prepayments
29,664
74,896
Other debtors
70,289
22,147
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2019
8
Creditors: amounts falling due within one year
2019
2018
Trade creditors
77,590
35,861
Taxes and social security
48,485
29,801
Other creditors
32,599
26,483
Loans from directors
100,000
100,000
Other Creditors is made up of;
Gratuity
Holidays accrued - Payable
Pensions payable
Service Charges - Tronc
Unpaid Expense Claims
Wages Payable - Payroll
9
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
58,091
-
10
Average number of employees
During the year the average number of employees was 40 (2018: 25).