Planet Angel - Live an Ordinary Life in an Extraordinary Way

"Social Enterprise"

Planet Angel is a legally formed VAT registered, company - limited by guarantee.  All of the money that Planet Angel gets (after VAT has been deducted) from door money at the events or the shop, goes towards paying Crew, Contributors, bills and funding other projects (i.e. records or radio etc.), profits can not be taken out by anybody.

Planet Angel has stated aims in its constitution that it seeks to be of social value and assistance to people, and environmentally responsible. A company like this is termed as a Social Enterprise by the Government.

Why not-for-profit?

The main reason is Angel and Pete - who founded Planet Angel – did so because they wanted to be part of an inclusive fun and creative environment where they could be themselves and feel safe and they wanted it to be available to other like-minded people.  They felt strongly that removing the possibility for anyone to ‘get rich’ from Planet Angel would help ensure that people were involved for the right reasons and stop the overall aims being distorted by profit.