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REGISTERED NUMBER: 05799925 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

BOOST MARKETING LIMITED

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BOOST MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Ms E G Ilott
Chris Robinson





SECRETARY: Mrs C J Robinson





REGISTERED OFFICE: Floor 5
Tower point
44 North Road
Brighton
East Sussex
BN1 1YR





REGISTERED NUMBER: 05799925 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 110,834 124,734

CURRENT ASSETS
Debtors 4 222,101 217,519
Investments 5 190 190
Cash at bank 252,454 243,922
474,745 461,631
CREDITORS
Amounts falling due within one year 6 164,058 184,111
NET CURRENT ASSETS 310,687 277,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

421,521

402,254

CAPITAL AND RESERVES
Called up share capital 7 108 108
Share premium 16,528 16,528
Retained earnings 404,885 385,618
SHAREHOLDERS' FUNDS 421,521 402,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





Chris Robinson - Director


BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises the invoice value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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

Office equipment 25% Straight line
Plant & machinery 15% Straight line

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

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 15 ) .

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

3. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 June 2022 117,586 30,884 148,470
Additions 441 8,774 9,215
At 31 May 2023 118,027 39,658 157,685
DEPRECIATION
At 1 June 2022 2,416 21,320 23,736
Charge for year 17,735 5,380 23,115
At 31 May 2023 20,151 26,700 46,851
NET BOOK VALUE
At 31 May 2023 97,876 12,958 110,834
At 31 May 2022 115,170 9,564 124,734

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 195,073 120,962
Other debtors 21,207 19,120
Directors' loan accounts 84 -
Prepayments and accrued income 5,737 77,437
222,101 217,519

5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Shares in group undertakings 190 190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,156 2,934
Tax 54,217 23,164
Social security and other taxes 23,855 7,110
VAT 79,769 51,533
Other creditors 3,061 4,525
Directors' loan accounts - 14,845
Accruals and deferred income - 80,000
164,058 184,111

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
99 Ordinary A 1 98 98
8 Ordinary B 1 8 8
1 Ordinary C 1 2 2
108 108

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
Chris Robinson
Balance outstanding at start of year 14,845 346
Amounts advanced 19,411 97,017
Amounts repaid (34,340 ) (82,518 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (84 ) 14,845

This overdrawn loan was fully repaid on 14 June 2023.

9. RELATED PARTY DISCLOSURES

BOOST EVALUATION

Subsidiary

The company was owed £21,207 (2022: £19,120) from the above company at the year end.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Chris Robinson.

This was by virtue of his 60% holding of the issued share capital.