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REGISTERED NUMBER: 05365897 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Entertainment Rights Management Limited

Entertainment Rights Management Limited (Registered number: 05365897)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 4

Notes to the Financial Statements 6


Entertainment Rights Management Limited

Company Information
for the Year Ended 29 February 2024







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

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Entertainment Rights Management Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Entertainment Rights Management Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Entertainment Rights Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Entertainment Rights Management Limited and state those matters that we have agreed to state to the director of Entertainment Rights Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Entertainment Rights Management Limited and its director for our work or for this report.

It is your duty to ensure that Entertainment Rights Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Entertainment Rights Management Limited. You consider that Entertainment Rights Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Entertainment Rights Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






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

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Entertainment Rights Management Limited



8 November 2024

Entertainment Rights Management Limited (Registered number: 05365897)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,597 3,264

CURRENT ASSETS
Debtors 5 2,508 11,349
Investments 6 165,908 143,658
Cash at bank and in hand 108,945 138,643
277,361 293,650
CREDITORS
Amounts falling due within one year 7 101,817 99,103
NET CURRENT ASSETS 175,544 194,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,141

197,811

PROVISIONS FOR LIABILITIES 493 700
NET ASSETS 177,648 197,111

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 177,548 197,011
177,648 197,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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
29 February 2024


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 8 November 2024 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 29 February 2024

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 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 18,296
DEPRECIATION
At 1 March 2023 15,032
Charge for year 667
At 29 February 2024 15,699
NET BOOK VALUE
At 29 February 2024 2,597
At 28 February 2023 3,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 1,609 11,349
Other debtors 899 -
2,508 11,349

6. CURRENT ASSET INVESTMENTS
29.2.24 28.2.23
£    £   
Other 165,908 143,658

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 301 896
Taxation and social security 9,267 20,930
Other creditors 92,249 77,277
101,817 99,103

Entertainment Rights Management Limited (Registered number: 05365897)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 29 February 2024 the Director was due £45,534 from the Company in respect of unpaid expenses and dividends. (2023: £38,602)