Company Registration No. 09891007 (England and Wales)
BOOM VENTURES LONDON LTD
Unaudited accounts
for the year ended 30 April 2021
BOOM VENTURES LONDON LTD
Unaudited accounts
Contents
BOOM VENTURES LONDON LTD
Company Information
for the year ended 30 April 2021
Company Number
09891007 (England and Wales)
Registered Office
30 BATTERSEA RISE
LONDON
SW11 1EE
ENGLAND
Accountants
Williams Stanley and Co
Newcombe House
Notting Hill Gate
Kensington
London
W11 3LQ
BOOM VENTURES LONDON LTD
Statement of financial position
as at
30 April 2021
Intangible assets
45,516
74,959
Tangible assets
153,743
332,555
Cash at bank and in hand
929,834
888,408
Creditors: amounts falling due within one year
(228,208)
(203,464)
Net current assets
797,320
799,575
Total assets less current liabilities
996,579
1,207,089
Creditors: amounts falling due after more than one year
(56,703)
(31,280)
Net assets
939,876
1,175,809
Called up share capital
3,084
3,079
Share premium
2,120,572
2,120,577
Profit and loss account
(1,183,780)
(947,847)
Shareholders' funds
939,876
1,175,809
For the year ending 30 April 2021 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 26 October 2021 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 2021
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 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 2021
4
Intangible fixed assets
Other
Charge for the year
7,818
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 2020
241,583
13,200
180,772
12,270
447,825
Additions
2,520
754
13,980
-
17,254
Disposals
(126,747)
(1,291)
(78,547)
(5,139)
(211,724)
At 30 April 2021
117,356
12,663
116,205
7,131
253,355
At 1 May 2020
53,239
8,806
45,774
7,451
115,270
Charge for the year
20,034
2,011
19,160
2,196
43,401
On disposals
(33,995)
(951)
(20,622)
(3,491)
(59,059)
At 30 April 2021
39,278
9,866
44,312
6,156
99,612
At 30 April 2021
78,078
2,797
71,893
975
153,743
At 30 April 2020
188,344
4,394
134,998
4,819
332,555
6
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
46,658
8,856
Other debtors
44,245
92,884
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2021
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
46,738
39,087
Taxes and social security
2,735
41,151
Other creditors
21,352
20,040
Loans from directors
100,027
100,833
Other Creditors is made up of;
Holiday Accrued - payables account
Pensions Payable
Petty Cash
Rounding
Suspense
Tips (Takings) Control Account
Wages Payable - Payroll
Gratuity
8
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
-
31,280
9
Average number of employees
During the year the average number of employees was 26 (2020: 40).