1 January 2022 false Taxfiler 2023.9 04148306business:PrivateLimitedCompanyLtd2022-01-012022-12-31 041483062021-12-31 041483062022-01-012022-12-31 04148306business:AuditExemptWithAccountantsReport2022-01-012022-12-31 04148306business:FilletedAccounts2022-01-012022-12-31 041483062022-12-31 04148306business:Director12022-01-012022-12-31 04148306business:Director22022-01-012022-12-31 04148306business:CompanySecretary12022-01-012022-12-31 04148306business:RegisteredOffice2022-01-012022-12-31 041483062021-12-31 04148306core:WithinOneYear2022-12-31 04148306core:WithinOneYear2021-12-31 04148306core:AfterOneYear2022-12-31 04148306core:AfterOneYear2021-12-31 04148306core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 04148306core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 04148306core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 04148306core:SharePremiumcore:PreviouslyStatedAmount2021-12-31 04148306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 04148306core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 04148306core:PreviouslyStatedAmount2022-12-31 04148306core:PreviouslyStatedAmount2021-12-31 04148306business:SmallEntities2022-01-012022-12-31 04148306countries:EnglandWales2022-01-012022-12-31 04148306core:PlantMachinery2022-01-012022-12-31 04148306core:PlantMachinery2021-12-31 04148306core:PlantMachinery2022-12-31 04148306business:OrdinaryShareClass12022-01-012022-12-31 04148306business:OrdinaryShareClass12021-01-012021-12-31 04148306business:OrdinaryShareClass22022-01-012022-12-31 04148306business:OrdinaryShareClass22021-01-012021-12-31 04148306business:OrdinaryShareClass32022-01-012022-12-31 04148306business:OrdinaryShareClass32021-01-012021-12-31 04148306business:AllOrdinaryShares2022-01-012022-12-31 04148306business:AllOrdinaryShares2021-01-012021-12-31 041483062021-01-012021-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04148306 (England and Wales)
Tidy Planet Limited Unaudited accounts for the year ended 31 December 2022
Tidy Planet Limited Unaudited accounts Contents
Page
- 2 -
Tidy Planet Limited Company Information for the year ended 31 December 2022
Directors
S J Webb J E B Tyler
Secretary
M A Taylor
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
- 3 -
Tidy Planet Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
173,397 
163,155 
Current assets
Inventories
158,870 
87,352 
Debtors
277,326 
264,367 
Cash at bank and in hand
181,684 
102,598 
617,880 
454,317 
Creditors: amounts falling due within one year
(550,843)
(527,880)
Net current assets/(liabilities)
67,037 
(73,563)
Total assets less current liabilities
240,434 
89,592 
Creditors: amounts falling due after more than one year
(99,946)
(109,839)
Provisions for liabilities
Deferred tax
(28,035)
(26,089)
Net assets/(liabilities)
112,453 
(46,336)
Capital and reserves
Called up share capital
3,000 
3,000 
Share premium
104,000 
104,000 
Profit and loss account
5,453 
(153,336)
Shareholders' funds
112,453 
(46,336)
For the year ending 31 December 2022 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 4 October 2023 and were signed on its behalf by
S J Webb Director Company Registration No. 04148306
- 4 -
Tidy Planet Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
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.
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 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
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 taxation
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.
Foreign exchange
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.
Pension costs
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.
- 5 -
Tidy Planet Limited Notes to the Accounts for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
235,597 
Additions
15,511 
At 31 December 2022
251,108 
Depreciation
At 1 January 2022
72,442 
Charge for the year
5,269 
At 31 December 2022
77,711 
Net book value
At 31 December 2022
173,397 
At 31 December 2021
163,155 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
2,452 
8,724 
Trade debtors
82,122 
85,812 
Amounts due from group undertakings etc.
167,422 
49,801 
Accrued income and prepayments
14,533 
14,537 
Other debtors
10,797 
105,493 
277,326 
264,367 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
9,890 
9,644 
Trade creditors
156,328 
130,912 
Amounts owed to group undertakings and other participating interests
37,464 
48,113 
Taxes and social security
8,192 
5,153 
Other creditors
12,062 
9,745 
Loans from directors
69,220 
72,183 
Accruals
16,318 
19,978 
Deferred income
241,369 
232,152 
550,843 
527,880 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
24,946 
34,839 
Loans from directors
75,000 
75,000 
99,946 
109,839 
- 6 -
Tidy Planet Limited Notes to the Accounts for the year ended 31 December 2022
8
Share capital
2022 
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 
3,000 
3,000 
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 During the year Tidy Planet Limited voted dividends to Tidy Planet Holdings (Macclesfield) Limited of £96,000 (2021 - £Nil) At the balance sheet date Tidy Planet Limited had a made a loan to Tidy Planet Holdings (Macclesfield) Limited of £162,668 (2021 - £48,549) 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 £4,754 (2021 - £1,252) 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 £37,464 (2021 - £48,113) The loan is subject to interest at a commercial rate and is repayable upon demand
10
Controlling party
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 8 (2021: 7).
- 7 -