PLANET A SOLUTIONS CIC

Company limited by guarantee

Company Registration Number:
12135334 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

PLANET A SOLUTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PLANET A SOLUTIONS CIC

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Amanda Forman
David Parish


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 September 2024

And signed on behalf of the board by:
Name: Amanda Forman
Status: Director

PLANET A SOLUTIONS CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 239,479 232,117
Cost of sales: ( 44,442 ) ( 18,029 )
Gross profit(or loss): 195,037 214,088
Administrative expenses: ( 204,765 ) ( 122,521 )
Operating profit(or loss): (9,728) 91,567
Profit(or loss) before tax: (9,728) 91,567
Tax: ( 15,560 )
Profit(or loss) for the financial year: (9,728) 76,007

PLANET A SOLUTIONS CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,625 2,773
Total fixed assets: 4,625 2,773
Current assets
Stocks: 4 11,999
Debtors: 5 2,144 72,979
Cash at bank and in hand: 89,580 44,410
Total current assets: 91,724 129,388
Creditors: amounts falling due within one year: 6 ( 36,003 ) ( 62,087 )
Net current assets (liabilities): 55,721 67,301
Total assets less current liabilities: 60,346 70,074
Total net assets (liabilities): 60,346 70,074
Members' funds
Profit and loss account: 60,346 70,074
Total members' funds: 60,346 70,074

The notes form part of these financial statements

PLANET A SOLUTIONS CIC

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 13 September 2024
and signed on behalf of the board by:

Name: Amanda Forman
Status: Director

The notes form part of these financial statements

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 2,255.00 Computer Equipment 1,021.00

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 3,036 1,648 4,684
Additions 2,255 1,021 3,276
Disposals
Revaluations
Transfers
At 31 December 2023 5,291 2,669 7,960
Depreciation
At 1 January 2023 759 1,152 1,911
Charge for year 1,076 348 1,424
On disposals
Other adjustments
At 31 December 2023 1,835 1,500 3,335
Net book value
At 31 December 2023 3,456 1,169 4,625
At 31 December 2022 2,277 496 2,773

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 11,999
Total   11,999

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,800 72,820
Prepayments and accrued income 344 159
Total 2,144 72,979

PLANET A SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 20,929 40,823
Other creditors 15,074 21,264
Total 36,003 62,087

COMMUNITY INTEREST ANNUAL REPORT

PLANET A SOLUTIONS CIC

Company Number: 12135334 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The company provides engineering and architectural soluions to companies and other organisations to reduce greenhouse gas emissions. The company is dedicated to using up th 50% of its profits on direct greenhouse gas absorption schemes

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £100,000 in salaries and £4,800 in pension contributions. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 September 2024

And signed on behalf of the board by:
Name: Amanda Forman
Status: Director