Young Friends Nursery Ltd in Hove, BN3 1JP

Description

Data updated on: 01-11-2023

This particular business is based in Hove with reg. no. 06140887. The company was established in the year 2007. The main office of this company is located at 89 Holland Road . The post code for this location is BN3 1JP. It has been already fourteen years since This company's name is Young Friends Nursery Ltd, but till 2010 the name was Young Friends and before that, until 2008-11-06 this business was known as Mugs R Us. This means it has used three other names. This company's classified under the NACE and SIC code 85100: Pre-primary education. The most recent annual accounts describe the period up to 2022-03-31 and the latest annual confirmation statement was filed on 2023-02-28.

10 transactions have been registered in 2015 with a sum total of £47,732. In 2014 there was a similar number of transactions (exactly 14) that added up to £71,633. The Council conducted 8 transactions in 2013, this added up to £47,322. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 55 transactions and issued invoices for £246,831. Cooperation with the Brighton & Hove City council covered the following areas: Grants N Subscriptions, Ed - Ey - Pvi and Ed - Non Sch Fnd - Pre Schl Ed.

Taking into consideration this enterprise's constant expansion, it became necessary to choose new directors: Margaret L. and Louise L. who have been aiding each other for thirteen years for the benefit of the firm.

Previous company's names
Young Friends Nursery Ltd 2010-02-02
Young Friends Limited 2008-11-06
Mugs R Us Limited 2007-03-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency
Net Worth	-51 987	-72 616	-18 877	-15 041	-6 624	-3 776	9 091

Balance Sheet
Cash Bank On Hand								22 357	37 254	81 251	126 599	4 009
Current Assets	1 378			1 872				22 357	46 908	81 456	137 714	22 358
Debtors									9 654	205	11 115	18 349
Net Assets Liabilities							9 091	31 094		71 671	107 598	15 240
Other Debtors									9 654		5 485	11 375
Property Plant Equipment							38 264	29 665	22 855	64 035	66 483	67 228
Net Assets Liabilities Including Pension Asset Liability	-51 987	-72 616	-18 877	-15 041	-6 624	-3 776	9 091
Cash Bank In Hand	1 378			1 872
Tangible Fixed Assets	61 963	86 370	95 081	75 140	64 985	48 738	38 264

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100	100
Profit Loss Account Reserve	-52 087	-72 716	-18 977	-15 141	-6 724	-3 876	8 991
Shareholder Funds	-51 987	-72 616	-18 877	-15 041	-6 624	-3 776	9 091

Other Financial Data
Accrued Liabilities Deferred Income									3 962	7 830	2 500	1 251
Accumulated Amortisation Impairment Intangible Assets												2 385
Accumulated Depreciation Impairment Property Plant Equipment							171 724	181 612	189 231	195 526	201 623	208 951
Additions Other Than Through Business Combinations Property Plant Equipment								1 289	809	47 475	8 545	8 073
Average Number Employees During Period										36	28	28
Bank Borrowings Overdrafts										5 242	6 250	15 945
Bank Overdrafts							5 496
Corporation Tax Payable							5 836	7 178	7 046	17 882	21 280	10 669
Creditors							29 173	20 928	16 272	73 820	43 750	32 244
Fixed Assets	61 963	86 370	95 081	75 140	64 985	48 738	38 264				66 483	88 692
Increase From Amortisation Charge For Year Intangible Assets												2 385
Increase From Depreciation Charge For Year Property Plant Equipment								9 888	7 619	6 295	6 098	7 328
Intangible Assets												21 464
Intangible Assets Gross Cost												23 849
Net Current Assets Liabilities	-2 310	-15 739	-2 365	-8 626	-21 888	-27 303	-29 173	1 429	30 636	7 636	84 865	-36 864
Number Shares Issued Fully Paid									100	5
Other Creditors							14 528	5 134	402	37 743	23 567	23 681
Other Remaining Borrowings											43 750	32 244
Other Taxation Social Security Payable							3 313	8 616	4 862	3 293	3 743	3 866
Par Value Share				1		1			1	1
Prepayments Accrued Income												257
Property Plant Equipment Gross Cost							209 988	211 277	212 086	259 561	268 106	276 179
Provisions For Liabilities Balance Sheet Subtotal												4 344
Total Assets Less Current Liabilities	59 653	80 166	80 249	66 514	43 097	21 435	9 091	31 094	53 491	71 671	151 348	51 828
Trade Creditors Trade Payables										1 830	1 758	3 810
Trade Debtors Trade Receivables										205	5 630	6 717
Creditors Due After One Year	111 640	118 533	111 593	81 555	49 721	25 211
Creditors Due Within One Year	3 688	6 204	2 365	10 498	21 888	27 303	29 173
Number Shares Allotted				100		100
Share Capital Allotted Called Up Paid			100	100	100	100
Tangible Fixed Assets Additions		53 196	8 711	22 156			2 280
Tangible Fixed Assets Cost Or Valuation	112 138	165 334	174 045	196 201	207 708	207 708	209 988
Tangible Fixed Assets Depreciation	50 175	78 964	78 964	121 061	142 723	158 970	171 724
Tangible Fixed Assets Depreciation Charged In Period		28 789		29 630		16 247	12 754
Amount Specific Advance Or Credit Directors			107 441	81 555