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REGISTERED NUMBER: 05405867 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

ONEPLANET ADVENTURE LIMITED

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ONEPLANET ADVENTURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: I Owen
J E Gaffney





SECRETARY: I Owen





REGISTERED OFFICE: 3 Grove Road
Wrexham
LL11 1DY





REGISTERED NUMBER: 05405867 (England and Wales)





ACCOUNTANTS: Guy Walmsley Limited
Chartered Accountants
3 Grove Road
Wrexham
LL11 1DY

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,074,067 1,085,369

CURRENT ASSETS
Stocks 5 267,326 357,358
Debtors 6 16,882 19,266
Cash at bank and in hand 73,846 118,111
358,054 494,735
CREDITORS
Amounts falling due within one year 7 396,104 403,358
NET CURRENT (LIABILITIES)/ASSETS (38,050 ) 91,377
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,036,017

1,176,746

CREDITORS
Amounts falling due after more than one
year

8

(637,574

)

(753,678

)

PROVISIONS FOR LIABILITIES (15,473 ) (17,621 )
NET ASSETS 382,970 405,447

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 382,870 405,347
SHAREHOLDERS' FUNDS 382,970 405,447

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 directors acknowledge their 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.

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

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 Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:




I Owen - Director



J E Gaffney - Director


ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Oneplanet Adventure 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 29 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 March 2023 992,628 80,271 42,921
Additions - - -
At 29 February 2024 992,628 80,271 42,921
DEPRECIATION
At 1 March 2023 - 26,058 19,735
Charge for year - 8,028 6,438
At 29 February 2024 - 34,086 26,173
NET BOOK VALUE
At 29 February 2024 992,628 46,185 16,748
At 28 February 2023 992,628 54,213 23,186

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 53,754 62,554 41,796 1,273,924
Additions 8,478 - 286 8,764
At 29 February 2024 62,232 62,554 42,082 1,282,688
DEPRECIATION
At 1 March 2023 48,580 52,841 41,341 188,555
Charge for year 3,413 1,943 244 20,066
At 29 February 2024 51,993 54,784 41,585 208,621
NET BOOK VALUE
At 29 February 2024 10,239 7,770 497 1,074,067
At 28 February 2023 5,174 9,713 455 1,085,369

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 34,290 26,490 60,780
Transfer to ownership (34,290 ) (26,490 ) (60,780 )
At 29 February 2024 - - -
DEPRECIATION
At 1 March 2023 18,440 11,479 29,919
Charge for year 5,144 1,943 7,087
Transfer to ownership (23,584 ) (13,422 ) (37,006 )
At 29 February 2024 - - -
NET BOOK VALUE
At 29 February 2024 - - -
At 28 February 2023 15,850 15,011 30,861

5. STOCKS
29.2.24 28.2.23
£    £   
Stocks 267,326 357,358

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 6,000
Paypal 1,230 4,884
Cycle Finance - 3,100
Prepayments 15,652 5,282
16,882 19,266

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 112,667 112,667
Hire purchase contracts - 13,672
Trade creditors 173,733 139,551
Tax 16,612 35,457
Social security and other taxes 4,200 5,728
VAT 31,906 38,290
Other creditors 39,484 44,567
Directors' current accounts 5,222 5,222
Accrued expenses 12,280 8,204
396,104 403,358

ONEPLANET ADVENTURE LIMITED (REGISTERED NUMBER: 05405867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans - 1-2 years 151,167 168,667
Bank loans - 2-5 years 131,874 213,660
Bank loans more 5 yr by instal 354,533 371,351
637,574 753,678

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 354,533 371,351