Company Registration No. 09891007 (England and Wales)
BOOM VENTURES LONDON LTD
Unaudited accounts
for the year ended 30 April 2024
BOOM VENTURES LONDON LTD
Unaudited accounts
Contents
BOOM VENTURES LONDON LTD
Company Information
for the year ended 30 April 2024
Director
Deepak Arjun Nagari
Company Number
09891007 (England and Wales)
Registered Office
30 BATTERSEA RISE
LONDON
SW11 1EE
ENGLAND
Accountants
Williams Stanley and Co
BOOM VENTURES LONDON LTD
Statement of financial position
as at 30 April 2024
Intangible assets
43,807
49,474
Tangible assets
396,629
425,601
Cash at bank and in hand
59,099
134,390
Creditors: amounts falling due within one year
(159,564)
(220,268)
Net current assets
100,968
149,727
Total assets less current liabilities
541,404
624,802
Creditors: amounts falling due after more than one year
(120,862)
(130,460)
Net assets
420,542
494,342
Called up share capital
3,084
3,084
Share premium
2,120,572
2,120,572
Profit and loss account
(1,703,114)
(1,629,314)
Shareholders' funds
420,542
494,342
For the year ending 30 April 2024 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 22 January 2025 and were signed on its behalf by
Deepak Arjun Nagari
Director
Company Registration No. 09891007
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
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 remained unchanged from the previous year, and also 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 2024
4
Intangible fixed assets
Other
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 2023
299,657
94,374
205,190
12,956
612,177
Additions
-
8,179
22,350
128
30,657
Disposals
-
-
(15,000)
-
(15,000)
At 30 April 2024
299,657
102,553
212,540
13,084
627,834
At 1 May 2023
76,577
19,579
81,799
8,621
186,576
Charge for the year
17,975
8,297
16,568
1,789
44,629
At 30 April 2024
94,552
27,876
98,367
10,410
231,205
At 30 April 2024
205,105
74,677
114,173
2,674
396,629
At 30 April 2023
223,080
74,795
123,391
4,335
425,601
Amounts falling due within one year
Accrued income and prepayments
21,707
62,509
Other debtors
171,528
165,958
BOOM VENTURES LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
56,147
113,969
Taxes and social security
10,106
57,159
Other creditors
1,252
9,301
Other Creditors is made up of;
Tips (Takings) Control Account
TRONC
Holiday Accrued - payables account
Wages Payable - Payroll
Pensions Payable
Contra
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
100,339
100,339
9
Average number of employees
During the year the average number of employees was 57 (2023: 28).