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Registered number: 02969450
Boomerang Media Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Jupp Castle Limited
ACCA
2nd Floor Stanley House London Road
Hook
Hampshire
RG27 9GA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02969450
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 954,740 752,647
Investments 5 50 50
954,790 752,697
CURRENT ASSETS
Debtors 6 3,741,073 3,789,282
Cash at bank and in hand 1,268,681 229,410
5,009,754 4,018,692
Creditors: Amounts Falling Due Within One Year 7 (3,691,885 ) (2,969,408 )
NET CURRENT ASSETS (LIABILITIES) 1,317,869 1,049,284
TOTAL ASSETS LESS CURRENT LIABILITIES 2,272,659 1,801,981
Creditors: Amounts Falling Due After More Than One Year 8 (311,201 ) (484,768 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (216,316 ) (157,760 )
NET ASSETS 1,745,142 1,159,453
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 1,744,142 1,158,453
SHAREHOLDERS' FUNDS 1,745,142 1,159,453
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For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Garfield Smith
Director
26 September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Boomerang Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02969450 . The registered office is The Manor House, Manor Park, Aldershot, GU12 4JU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises income in respect of media compaigns run through the year, net of value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Income is recognised evenly over the length of the campaign.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% straight line
Plant & Machinery over 15 years straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 20- 33% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Financial Instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabiltiiels like trade and other debtor and creditors, loans from banks and other third parties and loans to related parties.
2.6. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2023: 23)
34 23
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 120,096 69,614 74,525 1,677,124 1,941,359
Additions - - - 454,092 454,092
As at 31 December 2024 120,096 69,614 74,525 2,131,216 2,395,451
Depreciation
As at 1 January 2024 42,757 6,575 4,281 1,135,099 1,188,712
Provided during the period 13,510 4,641 18,631 215,217 251,999
As at 31 December 2024 56,267 11,216 22,912 1,350,316 1,440,711
Net Book Value
As at 31 December 2024 63,829 58,398 51,613 780,900 954,740
As at 1 January 2024 77,339 63,039 70,244 542,025 752,647
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Fixtures & Fittings 130,496 20,703
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Page 5
5. Investments
Other
£
Cost
As at 1 January 2024 50
As at 31 December 2024 50
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 50
As at 1 January 2024 50
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,330,460 1,921,430
Amounts owed by group undertakings 1,209,584 633,583
Other debtors 1,201,029 1,234,269
3,741,073 3,789,282
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 84,486 25,165
Trade creditors 499,223 179,443
Bank loans and overdrafts 200,000 200,000
Amounts owed to group undertakings 5,683 -
Other creditors 2,400,104 2,143,205
Taxation and social security 502,389 421,595
3,691,885 2,969,408
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 44,534 18,101
Bank loans 266,667 466,667
311,201 484,768
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 84,486 25,165
Later than one year and not later than five years 44,534 18,101
129,020 43,266
129,020 43,266
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 82,119 84,226
Later than one year and not later than five years 60,411 142,531
142,530 226,757
12. Pension Commitments
The company operates a defined contribution pension scheme for 31 December 2024. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £9,044 (2023 £7,294) were due to the fund. They are included in Other Creditors.
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Garfield Smith 610,046 301,000 (301,876 ) - 609,170
Mr Martin Smith 304,195 162,000 (161,124 ) - 305,071
The above loan is unsecured, interest free and repayable on demand.
14. Parent Undertaking and Controlling Party
The company's immediate and parent undertaking is Boomerang Media Group Limited . Boomerang Media Group Limited was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, The Manor House GU12 4JU . The controlling party is Mr G R Smith who controls (65.2)% of the shares of Boomerang Media Limited .
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