Saskatchewan · Interim receivership
Report of the IR Administrator
Court officer report · 11 March 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- financial positionnote: Total liabilities of $3,854,445 computed by IR Administrator report narrative as sum of $1,574,589 current liabilities + $2,279,856 non-current liabilities (Loan - Carbon Lender 2024); net liabilities/equity deficit reported as $(168,507) · page: 16 · as at: 2025-02-28 · basis: unaudited internal financial statements provided by Management; per the IR Administrator, Debtors' accounting is up-to-date on an individual-transaction basis but certain accounting accruals are only current as of September 30, 2024, and books/records have not been audited or verified by the IR Administrator · scope: entity-level: Climate Smart Capital Inc. (CS Capital), one of three Debtors (CS Capital, CS Solutions Canada Inc., CS Services Inc.); no consolidated statement was provided — CS Solutions and CS Services each have separate individual Statements of Financial Position (net assets $457,991 and $608,345 respectively, as at Feb 28, 2025) not aggregated here · currency: CAD · total assets: 3685938 · total liabilities: 3854445