Boost Group Limited - Accounts to registrar

REGISTERED NUMBER: 06332105 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2017

for

Boost Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Wood

REGISTERED OFFICE:

The Weston Centre

Weston Road

Crewe

CW1 6FL

REGISTERED NUMBER:

06332105 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Property, plant and equipment

4

17,689

20,385

CURRENT ASSETS

Debtors

5

10,000

26,492

Cash at bank

2,671

4,757

12,671

31,249

CREDITORS

Amounts falling due within one year

6

(34,483

)

(17,376

)

NET CURRENT (LIABILITIES)/ASSETS

(21,812

)

13,873

TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,123

)

34,258

CREDITORS

Amounts falling due after more than one year

7

(16,096

)

(20,111

)

NET (LIABILITIES)/ASSETS

(20,219

)

14,147

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

(20,319

)

14,047

SHAREHOLDERS' FUNDS

(20,219

)

14,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 September 2017 and were signed by:

A J Wood - Director

1.	STATUTORY INFORMATION

Boost Group 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest

£1.

Turnover

Revenue 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.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year is comprised of current 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 February 2016

27,180

Additions

3,200

At 31 January 2017

30,380

DEPRECIATION

At 1 February 2016

6,795

Charge for year

5,896

At 31 January 2017

12,691

NET BOOK VALUE

At 31 January 2017

17,689

At 31 January 2016

20,385

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

Trade debtors

-

16,492

Other debtors

10,000

26,492

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

Hire purchase contracts

4,016

Trade creditors

17,953

13,105

Taxation and social security

(1,980

)

(1,549

)

Other creditors

14,494

1,804

34,483

17,376

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.17

31.1.16

£

Hire purchase contracts

16,096

20,111

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.17

31.1.16

value:

£

100

Ordinary

£1

100

9.	FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 February

2015. No transitional adjustments were required on equity or profit and loss for the year.

Boost Group Limited - Accounts to registrar - small 17.2

Boost Group Limited - Accounts to registrar - small 17.2