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Company Registration No. 7458208 (England and Wales)
Boost Digital Media Ltd Unaudited accounts for the year ended 31 December 2021
Boost Digital Media Ltd Unaudited accounts Contents
Page
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Boost Digital Media Ltd Company Information for the year ended 31 December 2021
Director
Mr Robert Haylor
Company Number
7458208 (England and Wales)
Registered Office
Grosvenor House 11 St. Pauls Square Birmingham B3 1RB
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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Boost Digital Media Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,663 
1,295 
Current assets
Debtors
2,206 
3,166 
Cash at bank and in hand
6 
400 
2,212 
3,566 
Creditors: amounts falling due within one year
(9,662)
(10,003)
Net current liabilities
(7,450)
(6,437)
Total assets less current liabilities
(5,787)
(5,142)
Creditors: amounts falling due after more than one year
(2,490)
(2,850)
Provisions for liabilities
Deferred tax
(316)
(246)
Net liabilities
(8,593)
(8,238)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,594)
(8,239)
Shareholders' funds
(8,593)
(8,238)
For the year ending 31 December 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 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 27 August 2022 and were signed on its behalf by
Mr Robert Haylor Director Company Registration No. 7458208
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Boost Digital Media Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Boost Digital Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 7458208. The registered office is Grosvenor House, 11 St. Pauls Square, Birmingham, B3 1RB.
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 remained unchanged from the previous year, and also 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 revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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:
Computer equipment
33.33% Reducing Balance Basis
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2021
2,500 
At 31 December 2021
2,500 
Amortisation
At 1 January 2021
2,500 
At 31 December 2021
2,500 
Net book value
At 31 December 2021
- 
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Boost Digital Media Ltd Notes to the Accounts for the year ended 31 December 2021
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
1,943 
Additions
1,199 
At 31 December 2021
3,142 
Depreciation
At 1 January 2021
648 
Charge for the year
831 
At 31 December 2021
1,479 
Net book value
At 31 December 2021
1,663 
At 31 December 2020
1,295 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
2,206 
3,166 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
360 
150 
Trade creditors
1,658 
963 
Loans from directors
6,984 
7,993 
Accruals
660 
897 
9,662 
10,003 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
2,490 
2,850 
9
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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