IRIS Accounts Production v24.1.9.2 05536508 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055365082023-05-31055365082024-05-31055365082023-06-012024-05-31055365082022-05-31055365082022-06-012023-05-31055365082023-05-3105536508ns15:EnglandWales2023-06-012024-05-3105536508ns14:PoundSterling2023-06-012024-05-3105536508ns10:Director12023-06-012024-05-3105536508ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105536508ns10:SmallEntities2023-06-012024-05-3105536508ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105536508ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105536508ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105536508ns10:FullAccounts2023-06-012024-05-3105536508ns10:Director22023-06-012024-05-3105536508ns10:CompanySecretary12023-06-012024-05-3105536508ns10:RegisteredOffice2023-06-012024-05-3105536508ns5:CurrentFinancialInstruments2024-05-3105536508ns5:CurrentFinancialInstruments2023-05-3105536508ns5:Non-currentFinancialInstruments2024-05-3105536508ns5:Non-currentFinancialInstruments2023-05-3105536508ns5:ShareCapital2024-05-3105536508ns5:ShareCapital2023-05-3105536508ns5:RetainedEarningsAccumulatedLosses2024-05-3105536508ns5:RetainedEarningsAccumulatedLosses2023-05-3105536508ns5:ShortLeaseholdAssetsns5:LandBuildings2023-06-012024-05-3105536508ns5:PlantMachinery2023-06-012024-05-3105536508ns5:FurnitureFittings2023-06-012024-05-3105536508ns5:MotorVehicles2023-06-012024-05-3105536508ns5:ComputerEquipment2023-06-012024-05-3105536508ns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3105536508ns5:PlantMachinery2023-05-3105536508ns5:FurnitureFittings2023-05-3105536508ns5:ShortLeaseholdAssetsns5:LandBuildings2024-05-3105536508ns5:PlantMachinery2024-05-3105536508ns5:FurnitureFittings2024-05-3105536508ns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3105536508ns5:PlantMachinery2023-05-3105536508ns5:FurnitureFittings2023-05-3105536508ns5:MotorVehicles2023-05-3105536508ns5:ComputerEquipment2023-05-3105536508ns5:MotorVehicles2024-05-3105536508ns5:ComputerEquipment2024-05-3105536508ns5:MotorVehicles2023-05-3105536508ns5:ComputerEquipment2023-05-3105536508ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3105536508ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-012024-05-3105536508ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-05-3105536508ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3105536508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3105536508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3105536508ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-05-3105536508ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-05-3105536508ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-05-3105536508ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-31055365081ns10:Director12023-05-31055365081ns10:Director12022-05-31055365081ns10:Director12023-06-012024-05-31055365081ns10:Director12022-06-012023-05-31055365081ns10:Director12024-05-31055365081ns10:Director12023-05-31
REGISTERED NUMBER: 05536508 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

BOOSST LIMITED

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOOSST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: K A Butten
J Butten





SECRETARY: Mrs L Butten





REGISTERED OFFICE: Church House
Hulcote
Bedfordshire
MK17 8BW





REGISTERED NUMBER: 05536508 (England and Wales)





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 326,742 389,959

CURRENT ASSETS
Debtors 5 312,364 200,915
Cash at bank and in hand 1,260,962 781,338
1,573,326 982,253
CREDITORS
Amounts falling due within one year 6 389,420 263,636
NET CURRENT ASSETS 1,183,906 718,617
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,510,648

1,108,576

CREDITORS
Amounts falling due after more than one
year

7

(10,000

)

(29,216

)

PROVISIONS FOR LIABILITIES (71,629 ) (85,599 )
NET ASSETS 1,429,019 993,761

CAPITAL AND RESERVES
Called up share capital 5,750 5,750
Retained earnings 1,423,269 988,011
SHAREHOLDERS' FUNDS 1,429,019 993,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

BALANCE SHEET - continued
31 MAY 2024


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 2 July 2024 and were signed on its behalf by:





K A Butten - Director


BOOSST LIMITED (REGISTERED NUMBER: 05536508)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Boosst Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - Straight line over 10 years
Plant and machinery - Straight line over 20 years
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

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.

Grant income
Grant income is recognised on the accruals model. Where there are no future performance related conditions, income is recognised when the grants are received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 June 2023 478,182 22,733 98,369
Additions - - -
At 31 May 2024 478,182 22,733 98,369
DEPRECIATION
At 1 June 2023 271,787 7,957 80,775
Charge for year 33,740 1,136 5,806
At 31 May 2024 305,527 9,093 86,581
NET BOOK VALUE
At 31 May 2024 172,655 13,640 11,788
At 31 May 2023 206,395 14,776 17,594

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 227,170 94,205 920,659
Additions - 15,129 15,129
At 31 May 2024 227,170 109,334 935,788
DEPRECIATION
At 1 June 2023 94,691 75,490 530,700
Charge for year 26,496 11,168 78,346
At 31 May 2024 121,187 86,658 609,046
NET BOOK VALUE
At 31 May 2024 105,983 22,676 326,742
At 31 May 2023 132,479 18,715 389,959

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 110,980
DEPRECIATION
At 1 June 2023 60,787
Charge for year 10,039
At 31 May 2024 70,826
NET BOOK VALUE
At 31 May 2024 40,154
At 31 May 2023 50,193

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 40,734 1,908
Directors' current accounts 204,384 198,884
Tax 67,123 -
Prepayments 123 123
312,364 200,915

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,001 10,000
Hire purchase contracts 9,216 21,464
Tax 253,708 141,707
Social security and other taxes 9,828 7,956
Other creditors 34,132 30,911
Directors' current accounts 5,110 3,472
Accrued expenses 67,425 48,126
389,420 263,636

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years - 10,000
Hire purchase contracts - 9,216
10,000 29,216

BOOSST LIMITED (REGISTERED NUMBER: 05536508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase 9,216 30,680

Hire purchase and finance lease liabilities are secured on the assets acquired.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
K A Butten
Balance outstanding at start of year 198,884 -
Amounts advanced 5,500 198,884
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 204,384 198,884

10. ULTIMATE CONTROLLING PARTY

The controlling party is K A Butten.