ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

BOOMERANG MEDIA GROUP LIMITED - Company Information

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Caseware UK (AP4) 2019.0.227 2019.0.227 2019-12-312019-12-312019-01-012falsefalseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05728639 2019-01-01 2019-12-31 05728639 2018-01-01 2018-12-31 05728639 2019-12-31 05728639 2018-12-31 05728639 c:Director1 2019-01-01 2019-12-31 05728639 d:CurrentFinancialInstruments 2019-12-31 05728639 d:CurrentFinancialInstruments 2018-12-31 05728639 d:CurrentFinancialInstruments d:WithinOneYear 2019-12-31 05728639 d:CurrentFinancialInstruments d:WithinOneYear 2018-12-31 05728639 d:ShareCapital 2019-12-31 05728639 d:ShareCapital 2018-12-31 05728639 c:FRS102 2019-01-01 2019-12-31 05728639 c:AuditExempt-NoAccountantsReport 2019-01-01 2019-12-31 05728639 c:FullAccounts 2019-01-01 2019-12-31 05728639 c:PrivateLimitedCompanyLtd 2019-01-01 2019-12-31 05728639 6 2019-01-01 2019-12-31 iso4217:GBP xbrli:pure

Registered number: 05728639









BOOMERANG MEDIA GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2019
 
BOOMERANG MEDIA GROUP LIMITED
REGISTERED NUMBER: 05728639

BALANCE SHEET
AS AT 31 DECEMBER 2019

2019
2018
£
£

Fixed assets
  

Investments
 4 
1,102
1,102

  
1,102
1,102

  

Creditors: amounts falling due within one year
 5 
(102)
(102)

Net current liabilities
  
 
 
(102)
 
 
(102)

Total assets less current liabilities
  
1,000
1,000

  

Net assets
  
1,000
1,000


Capital and reserves
  

Called up share capital 
  
1,000
1,000

  
1,000
1,000


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.

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BOOMERANG MEDIA GROUP LIMITED
REGISTERED NUMBER: 05728639
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2019

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G R Smith
Director

Date: 10 December 2020

The notes on pages 3 to 4 form part of these financial statements.

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BOOMERANG MEDIA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

1.


General information

Boomerang Media Group Limited is a private company, limited by shares, registered in England ad Wales. The address of the company's registered office is The Manor House, Manor Park, Aldershot, Hampshire, GU12 4JU. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Coronavirus/COVID-19

In common with almost every business, the company and its group is likely to be adversely affected by the global outbreak of coronavirus. There is considerable uncertainty as to how big an impact, in what manner, and for how long the impact will be. Based on the positive operating position of the company and its group, it is as well placed as it can be to manage its affairs, and has implement the necessary measures to allow it to continue to operate in so far as we understand the expected likely impact on the company and its group to be.
As such, the directors are satisfied that the going concern basis is appropriate for the preparation of these financial statements.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2018 - 2).

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BOOMERANG MEDIA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2019
1,102



At 31 December 2019
1,102





5.


Creditors: Amounts falling due within one year

2019
2018
£
£

Amounts owed to group undertakings
102
102

102
102


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