IRIS Accounts Production v24.3.0.553 13039225 Board of Directors 1.10.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130392252023-09-30130392252024-03-31130392252023-10-012024-03-31130392252022-09-30130392252022-10-012023-09-30130392252023-09-3013039225ns15:EnglandWales2023-10-012024-03-3113039225ns14:PoundSterling2023-10-012024-03-3113039225ns10:Director12023-10-012024-03-3113039225ns10:PrivateLimitedCompanyLtd2023-10-012024-03-3113039225ns10:SmallEntities2023-10-012024-03-3113039225ns10:AuditExempt-NoAccountantsReport2023-10-012024-03-3113039225ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-03-3113039225ns10:SmallCompaniesRegimeForAccounts2023-10-012024-03-3113039225ns10:FullAccounts2023-10-012024-03-311303922512023-10-012024-03-3113039225ns10:Director22023-10-012024-03-3113039225ns10:Director32023-10-012024-03-3113039225ns10:RegisteredOffice2023-10-012024-03-3113039225ns5:CurrentFinancialInstruments2024-03-3113039225ns5:CurrentFinancialInstruments2023-09-3013039225ns5:Non-currentFinancialInstruments2024-03-3113039225ns5:Non-currentFinancialInstruments2023-09-3013039225ns5:ShareCapital2024-03-3113039225ns5:ShareCapital2023-09-3013039225ns5:SharePremium2024-03-3113039225ns5:SharePremium2023-09-3013039225ns5:RetainedEarningsAccumulatedLosses2024-03-3113039225ns5:RetainedEarningsAccumulatedLosses2023-09-3013039225ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-03-3113039225ns5:ComputerSoftware2023-10-012024-03-3113039225ns5:ComputerEquipment2023-10-012024-03-3113039225ns5:ComputerSoftware2023-09-3013039225ns5:ComputerSoftware2024-03-3113039225ns5:ComputerSoftware2023-09-3013039225ns5:MotorVehicles2023-09-3013039225ns5:ComputerEquipment2023-09-3013039225ns5:MotorVehicles2023-10-012024-03-3113039225ns5:MotorVehicles2024-03-3113039225ns5:ComputerEquipment2024-03-3113039225ns5:MotorVehicles2023-09-3013039225ns5:ComputerEquipment2023-09-3013039225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113039225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-30130392251ns10:Director12023-09-30130392251ns10:Director12022-09-30130392251ns10:Director12023-10-012024-03-31130392251ns10:Director12022-10-012023-09-30130392251ns10:Director12024-03-31130392251ns10:Director12023-09-3013039225ns10:Director222023-09-3013039225ns10:Director222022-09-3013039225ns10:Director222023-10-012024-03-3113039225ns10:Director222022-10-012023-09-3013039225ns10:Director222024-03-3113039225ns10:Director222023-09-3013039225ns10:Director332023-09-3013039225ns10:Director332022-09-3013039225ns10:Director332023-10-012024-03-3113039225ns10:Director332022-10-012023-09-3013039225ns10:Director332024-03-3113039225ns10:Director332023-09-30
REGISTERED NUMBER: 13039225 (England and Wales)





BOOOST EDUCATION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024






BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOOOST EDUCATION LTD

COMPANY INFORMATION
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024







DIRECTORS: Mrs L N Penfold
Mr T S Jones
Mr A S Allsopp





REGISTERED OFFICE: 7 St John Street
Mansfield
Nottinghamshire
NG18 1QH





REGISTERED NUMBER: 13039225 (England and Wales)





ACCOUNTANTS: ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 347,171 312,695
Tangible assets 6 8,294 8,358
355,465 321,053

CURRENT ASSETS
Debtors 7 114,852 102,928
Cash at bank 82,275 114,499
197,127 217,427
CREDITORS
Amounts falling due within one year 8 211,262 157,730
NET CURRENT (LIABILITIES)/ASSETS (14,135 ) 59,697
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,330

380,750

CREDITORS
Amounts falling due after more than one
year

9

(309,712

)

(359,711

)

PROVISIONS FOR LIABILITIES (12,015 ) -
NET ASSETS 19,603 21,039

CAPITAL AND RESERVES
Called up share capital 1,008 1,008
Share premium 18,894 18,894
Retained earnings (299 ) 1,137
19,603 21,039

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

BALANCE SHEET - continued
31 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 27 September 2024 and were signed on its behalf by:





Mrs L N Penfold - Director


BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Booost Education Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

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

Turnover
Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance


BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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.

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.

Financial instruments
Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2023 - 9 ) .

5. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 October 2023 465,308
Additions 81,000
At 31 March 2024 546,308
AMORTISATION
At 1 October 2023 152,613
Amortisation for period 46,524
At 31 March 2024 199,137
NET BOOK VALUE
At 31 March 2024 347,171
At 30 September 2023 312,695

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


6. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 - 16,340 16,340
Additions 1 1,703 1,704
At 31 March 2024 1 18,043 18,044
DEPRECIATION
At 1 October 2023 - 7,982 7,982
Charge for period - 1,768 1,768
At 31 March 2024 - 9,750 9,750
NET BOOK VALUE
At 31 March 2024 1 8,293 8,294
At 30 September 2023 - 8,358 8,358

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 82,314 68,875
Other debtors 27,284 27,326
Prepayments and accrued income 5,254 6,727
114,852 102,928

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,838 22,889
Corporation tax 68,592 47,299
Social security and other taxes 22,495 13,527
Pension control 3,105 1,766
VAT 62,539 40,400
Wages control account 44,229 26,347
Directors' current accounts 3 3
Accruals and deferred income 7,461 5,499
211,262 157,730

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Amounts owed to related parties 309,712 359,711

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2024 and the year ended 30 September 2023:

2024 2023
£    £   
Mrs L N Penfold
Balance outstanding at start of period - 26,398
Amounts advanced - 13,564
Amounts repaid - (39,962 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - -

BOOOST EDUCATION LTD (REGISTERED NUMBER: 13039225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr T S Jones
Balance outstanding at start of period - 26,398
Amounts advanced - 13,564
Amounts repaid - (39,962 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - -

Mr A S Allsopp
Balance outstanding at start of period - 28,104
Amounts advanced - 85,509
Amounts repaid - (113,613 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - -