REGISTERED NUMBER: 07266395 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

BOOM ONLINE MARKETING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I M Lancaster

Mr G D Newton

REGISTERED OFFICE:

Gleneagles House

Vernon Gate

South Street

Derby

Derbyshire

DE1 1UP

REGISTERED NUMBER:

07266395 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

748

2,607

CURRENT ASSETS

Debtors

5

184,724

282,625

Cash at bank and in hand

344

11,718

185,068

294,343

CREDITORS

Amounts falling due within one year

6

28,401

59,176

NET CURRENT ASSETS

156,667

235,167

TOTAL ASSETS LESS CURRENT LIABILITIES

157,415

237,774

CREDITORS

Amounts falling due after more than one year

7

6,615

16,665

NET ASSETS

150,800

221,109

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

150,700

221,009

SHAREHOLDERS' FUNDS

150,800

221,109

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 September 2025 and were signed on its behalf by:

Mr G D Newton - Director

1.	STATUTORY INFORMATION

Boom Online Marketing 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.

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

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.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

4,887

32,829

37,716

DEPRECIATION

At 1 January 2024

3,369

31,740

35,109

Charge for year

770

1,089

1,859

At 31 December 2024

4,139

32,829

36,968

NET BOOK VALUE

At 31 December 2024

748

-

748

At 31 December 2023

1,518

1,089

2,607

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,242

19,188

Amounts owed by group undertakings

161,858

242,513

VAT

15,410

-

Prepayments and accrued income

2,070

17,725

Prepayments

4,144

3,199

184,724

282,625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

3,634

2,253

Amounts owed to group undertakings

11,740

11,740

VAT

-

16,400

Other creditors

852

16,343

Accrued expenses

2,175

2,440

28,401

59,176

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

6,615

10,000

Bank loans - 2-5 years

-

6,665

6,615

16,665

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

221,009

Deficit for the year

(70,309

)

At 31 December 2024

150,700

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.