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REGISTERED NUMBER: 05799925 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

BOOST MARKETING LIMITED

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BOOST MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Ms E G Ilott
Chris Robinson





SECRETARY: Mrs C J Robinson





REGISTERED OFFICE: Platf9rm, 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 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 90,957 110,834

CURRENT ASSETS
Debtors 4 201,636 222,101
Investments 5 190 190
Cash at bank 252,688 252,454
454,514 474,745
CREDITORS
Amounts falling due within one year 6 160,991 164,058
NET CURRENT ASSETS 293,523 310,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

384,480

421,521

PROVISIONS FOR LIABILITIES 22,739 -
NET ASSETS 361,741 421,521

CAPITAL AND RESERVES
Called up share capital 108 108
Share premium 16,528 16,528
Retained earnings 345,105 404,885
SHAREHOLDERS' FUNDS 361,741 421,521

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.

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 2025 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 2024

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 taxation is provided in full on timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of in-come and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets and liabilities are not discounted.

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 18 (2023 - 17 ) .

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

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

3. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 June 2023 118,027 39,658 157,685
Additions - 3,071 3,071
Disposals (441 ) - (441 )
At 31 May 2024 117,586 42,729 160,315
DEPRECIATION
At 1 June 2023 20,151 26,700 46,851
Charge for year 17,638 4,966 22,604
Eliminated on disposal (97 ) - (97 )
At 31 May 2024 37,692 31,666 69,358
NET BOOK VALUE
At 31 May 2024 79,894 11,063 90,957
At 31 May 2023 97,876 12,958 110,834

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 137,040 195,073
Amounts owed by group undertakings 36,207 21,207
Other debtors 15,341 -
Directors' loan accounts 11,488 84
Prepayments and accrued income 1,560 5,737
201,636 222,101

5. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Shares in group undertakings 190 190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,439 3,156
Tax 29,674 54,217
Social security and other taxes 15,465 23,855
VAT 87,296 79,769
Other creditors 24,117 3,061
160,991 164,058

BOOST MARKETING LIMITED (REGISTERED NUMBER: 05799925)

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

7. 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
£    £   
Chris Robinson
Balance outstanding at start of year 84 (14,845 )
Amounts advanced 40,442 34,340
Amounts repaid (29,038 ) (19,411 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,488 84

This balance represented the maximum amount outstanding during the year and the loan was repaid on 6 February 2025. Interest was charged on any overdrawn amounts at the beneficial loan interest rate.

8. RELATED PARTY DISCLOSURES

Boost Evaluation Limited
As at the year end, Boost Evaluation Limited owed the company £36,207 (2023: £21,207). The balance is interest free and repayable on demand.

Boost Evaluation Limited is a 100% subsidiary of the company.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Chris Robinson.

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