REGISTERED NUMBER: 05365897 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2018

for

Entertainment Rights Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Harcourt

REGISTERED OFFICE:

Suite 6 Dukes House

4-6 High Street

Windsor

SL4 1LD

REGISTERED NUMBER:

05365897 (England and Wales)

ACCOUNTANTS:

Three Kings Accounting Ltd

Suite 6

Dukes House

4-6 High Street

Windsor

Berkshire

SL4 1LD

FIXED ASSETS

Tangible assets

4

2,613

2,908

CURRENT ASSETS

Debtors

5

2,983

12,348

Cash at bank and in hand

85,988

24,329

88,971

36,677

CREDITORS

Amounts falling due within one year

6

44,146

30,548

NET CURRENT ASSETS

44,825

6,129

TOTAL ASSETS LESS CURRENT LIABILITIES

47,438

9,037

PROVISIONS FOR LIABILITIES

582

582

NET ASSETS

46,856

8,455

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

46,855

8,454

46,856

8,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

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 7 November 2018 and were signed by:

A Harcourt - Director

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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2017

11,948

Additions

166

At 28 February 2018

12,114

DEPRECIATION

At 1 March 2017

9,040

Charge for year

461

At 28 February 2018

9,501

NET BOOK VALUE

At 28 February 2018

2,613

At 28 February 2017

2,908

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade debtors

-

12,348

Other debtors

2,983

-

2,983

12,348

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade creditors

1,205

373

Taxation and social security

20,335

24,032

Other creditors

22,606

6,143

44,146

30,548