Company Registration No. 09891007 (England and Wales)
BOOM VENTURES LONDON LTD
Unaudited accounts
for the year ended 30 April 2022
BOOM VENTURES LONDON LTD
Unaudited accounts
Contents
BOOM VENTURES LONDON LTD
Company Information
for the year ended 30 April 2022
Company Number
09891007 (England and Wales)
Registered Office
30 BATTERSEA RISE
LONDON
SW11 1EE
ENGLAND
Accountants
Williams Stanley and Co
BOOM VENTURES LONDON LTD
Statement of financial position
as at
30 April 2022
Intangible assets
57,822
45,516
Tangible assets
373,812
153,743
Cash at bank and in hand
391,104
929,834
Creditors: amounts falling due within one year
(144,706)
(128,181)
Net current assets
442,199
897,347
Total assets less current liabilities
873,833
1,096,606
Creditors: amounts falling due after more than one year
(140,860)
(156,730)
Net assets
732,973
939,876
Called up share capital
3,084
3,084
Share premium
2,120,572
2,120,572
Profit and loss account
(1,390,683)
(1,183,780)
Shareholders' funds
732,973
939,876
For the year ending 30 April 2022 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.
The financial statements were approved by the Board and authorised for issue on 12 December 2022 and were signed on its behalf by
Eve Bugler
Director
Company Registration No. 09891007
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2022
BOOM VENTURES LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 09891007. The registered office is 30 BATTERSEA RISE, LONDON, SW11 1EE, 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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2022
4
Intangible fixed assets
Other
Charge for the year
5,820
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 2021
117,356
12,663
116,205
7,131
253,355
Additions
129,931
56,567
52,461
5,692
244,651
At 30 April 2022
247,287
69,230
168,666
12,823
498,006
At 1 May 2021
39,278
9,866
44,312
6,156
99,612
Charge for the year
8,656
1,652
13,665
609
24,582
At 30 April 2022
47,934
11,518
57,977
6,765
124,194
At 30 April 2022
199,353
57,712
110,689
6,058
373,812
At 30 April 2021
78,078
2,797
71,893
975
153,743
Amounts falling due within one year
Trade debtors
(299)
(298)
Accrued income and prepayments
56,301
46,658
Other debtors
133,167
44,245
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2022
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
58,549
46,738
Taxes and social security
(10,377)
2,735
Other creditors
27,597
21,352
Other Creditors is made up of;
Tips (Takings) Control Account
TRONC
Holiday Accrued - payables account
Wages Payable - Payroll
Pensions Payable
Contra
8
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
100,027
100,027
9
Average number of employees
During the year the average number of employees was 28 (2021: 26).