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REGISTERED NUMBER: 05365897 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Entertainment Rights Management Limited

Entertainment Rights Management Limited (Registered number: 05365897)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Entertainment Rights Management Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Ms A J Harcourt





REGISTERED OFFICE: Suite 3
Dukes House
4-6 High Street
Windsor
Berkshire
SL4 1LD





REGISTERED NUMBER: 05365897 (England and Wales)





ACCOUNTANTS: Three Kings Accounting Ltd
Suite 3
Dukes House
4-6 High Street
Windsor
Berkshire
SL4 1LD

Entertainment Rights Management Limited (Registered number: 05365897)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,264 3,123

CURRENT ASSETS
Debtors 5 11,349 28,800
Investments 6 143,658 134,868
Cash at bank and in hand 138,643 76,210
293,650 239,878
CREDITORS
Amounts falling due within one year 7 99,103 92,399
NET CURRENT ASSETS 194,547 147,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,811

150,602

PROVISIONS FOR LIABILITIES 700 700
NET ASSETS 197,111 149,902

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 197,011 149,802
197,111 149,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Entertainment Rights Management Limited (Registered number: 05365897)

Balance Sheet - continued
28 February 2023


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 director and authorised for issue on 17 August 2023 and were signed by:





Ms A J Harcourt - Director


Entertainment Rights Management Limited (Registered number: 05365897)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Entertainment Rights Management 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 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 & Fittings - 15% reducing balance
Computer Equipment - straight line over 3 years

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Entertainment Rights Management Limited (Registered number: 05365897)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 17,625
Additions 671
At 28 February 2023 18,296
DEPRECIATION
At 1 March 2022 14,502
Charge for year 530
At 28 February 2023 15,032
NET BOOK VALUE
At 28 February 2023 3,264
At 28 February 2022 3,123

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 11,349 28,800

6. CURRENT ASSET INVESTMENTS
28.2.23 28.2.22
£    £   
Other 143,658 134,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 896 16
Taxation and social security 20,930 19,283
Other creditors 77,277 73,100
99,103 92,399

Entertainment Rights Management Limited (Registered number: 05365897)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 28 February 2023 the Director was due £38,602 from the Company in respect of unpaid expenses and dividends. (2022: £40,307)