Company Registration No. 04148306 (England and Wales)
Tidy Planet Limited
Unaudited accounts
for the year ended 31 December 2021
Tidy Planet Limited
Unaudited accounts
Contents
Tidy Planet Limited
Company Information
for the year ended 31 December 2021
Directors
S J Webb
J E B Tyler
Company Number
04148306 (England and Wales)
Registered Office
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Tidy Planet Limited
Statement of financial position
as at 31 December 2021
Tangible assets
163,155
166,890
Inventories
87,352
260,917
Cash at bank and in hand
102,598
309,416
Creditors: amounts falling due within one year
(527,880)
(830,479)
Net current liabilities
(73,563)
(103,954)
Total assets less current liabilities
89,592
62,936
Creditors: amounts falling due after more than one year
(109,839)
(118,333)
Provisions for liabilities
Deferred tax
(26,089)
(26,799)
Net liabilities
(46,336)
(82,196)
Called up share capital
3,000
3,000
Share premium
104,000
104,000
Profit and loss account
(153,336)
(189,196)
Shareholders' funds
(46,336)
(82,196)
For the year ending 31 December 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by
J E B Tyler
Director
Company Registration No. 04148306
Tidy Planet Limited
Notes to the Accounts
for the year ended 31 December 2021
Tidy Planet Limited is a private company, limited by shares, registered in England and Wales, registration number 04148306. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
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.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% per annum on a reducing balance basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tidy Planet Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Plant & machinery
At 31 December 2021
235,597
At 31 December 2021
72,442
At 31 December 2021
163,155
At 31 December 2020
166,890
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
85,812
11,156
Amounts due from group undertakings etc.
49,801
32,945
Accrued income and prepayments
14,537
18,754
Other debtors
105,493
83,932
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,644
6,667
Trade creditors
130,912
170,793
Amounts owed to group undertakings and other participating interests
48,113
-
Taxes and social security
5,153
5,667
Other creditors
9,745
10,486
Loans from directors
72,183
70,195
Deferred income
232,152
542,184
7
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
75,000
75,000
Aggregate of amounts that fall due for payment after five years
-
3,333
Tidy Planet Limited
Notes to the Accounts
for the year ended 31 December 2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
1,000 A Ordinary Shares of £1 each
1,000
1,000
1,000 B Ordinary Shares of £1 each
1,000
1,000
9
Transactions with related parties
Mr S J Webb and Mr J E B Tyler are directors and shareholders in both Tidy Planet Limited and Tidy Plant Holdings (Macclesfield) Limited
At the balance sheet date Tidy Planet Limited had a made a loan to Tidy Planet Holdings (Macclesfield) Limited of £48,549 (2020 - £30,142)
The loan is subject to interest at a commercial rate and is repayable upon demand
Mr S J Webb is a director and shareholder in both Tidy Planet Limited and Simon Webb Limited
At the balance sheet date Simon Webb Limited owed Tidy Planet Limited £1,252 (2020 - 2,803)
The loan is subject to interest at a commercial rate and is repayable upon demand
Mr S J Webb and Mr J E B Tyler are directors and shareholders in both Tidy Planet Limited and Tidy Plant Energy Limited
At the balance sheet date Tidy Planet Energy Limited had a made a loan to Tidy Planet Limited of £48,113 (2020 - £Nil)
The loan is subject to interest at a commercial rate and is repayable upon demand
The company is 100% owned by Tidy Planet Holdings (Macclesfield) Limited, a company registered in England and Wales under company number 07110724
11
Average number of employees
During the year the average number of employees was 7 (2020: 7).
