Company Registration No. 04955309 (England and Wales)
EXPLORE RIGHTS MANAGEMENT LTD
Unaudited accounts
for the year ended 31 December 2023
EXPLORE RIGHTS MANAGEMENT LTD
Unaudited accounts
Contents
EXPLORE RIGHTS MANAGEMENT LTD
Company Information
for the year ended 31 December 2023
Company Number
04955309 (England and Wales)
Registered Office
9 THE SPINNEY
KILLINGWORTH VILLAGE
NEWCASTLE UPON TYNE
NE12 6BG
EXPLORE RIGHTS MANAGEMENT LTD
Statement of financial position
as at 31 December 2023
Intangible assets
99,000
94,375
Cash at bank and in hand
648
10,916
Creditors: amounts falling due within one year
(39,596)
(58,257)
Net current liabilities
(28,848)
(37,241)
Called up share capital
100
100
Profit and loss account
70,052
57,034
Shareholders' funds
70,152
57,134
For the year ending 31 December 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Daniel Earnshaw
Director
Company Registration No. 04955309
EXPLORE RIGHTS MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 December 2023
EXPLORE RIGHTS MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 04955309. The registered office is 9 THE SPINNEY, KILLINGWORTH VILLAGE, NEWCASTLE UPON TYNE, NE12 6BG.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 31 December 2023
138,565
Charge for the year
13,856
At 31 December 2023
39,565
At 31 December 2023
99,000
At 31 December 2022
94,375
Amounts falling due within one year
EXPLORE RIGHTS MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,000
10,000
Taxes and social security
2,936
5,417
Loans from directors
25,940
42,120
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Average number of employees
During the year the average number of employees was 1 (2022: 1).