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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
Page
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EXPLORE RIGHTS MANAGEMENT LTD Company Information for the year ended 31 December 2023
Director
Daniel Earnshaw
Company Number
04955309 (England and Wales)
Registered Office
9 THE SPINNEY KILLINGWORTH VILLAGE NEWCASTLE UPON TYNE NE12 6BG
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EXPLORE RIGHTS MANAGEMENT LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
99,000 
94,375 
Current assets
Inventories
10,000 
10,000 
Debtors
100 
100 
Cash at bank and in hand
648 
10,916 
10,748 
21,016 
Creditors: amounts falling due within one year
(39,596)
(58,257)
Net current liabilities
(28,848)
(37,241)
Net assets
70,152 
57,134 
Capital and reserves
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
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EXPLORE RIGHTS MANAGEMENT LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
120,084 
Additions
18,481 
At 31 December 2023
138,565 
Amortisation
At 1 January 2023
25,709 
Charge for the year
13,856 
At 31 December 2023
39,565 
Net book value
At 31 December 2023
99,000 
At 31 December 2022
94,375 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
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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 
Accruals
720 
720 
39,596 
58,257 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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