Birkbees Group Limited - Parent company
Birkbees Group Limited owns the building that First Class Nursery (Huddersfield) Limited trades and operates in and the rent payable to Birkbees Group Limited for the year amounted to £36,000 (PY £36,000). Management charges of £9,000 (PY £7,000) and dividends amounting to £110,000 (PY £110,000) were also paid to the parent company in the year. The amount owing at the year end was £nil (PY £nil).
Nursery Rhymes (Huddersfield) Limited - Fellow subsidiary
During the year, First Class Nursery (Huddersfield) Limited paid expenses of £2,778 (PY £2,387) on behalf of Nursery Rhymes (Huddersfield) Limited and was repaid loans of £10,064 (PY £nil). The amount owed by Nursery Rhymes (Huddersfield) Limited at the year end was £2,778 (PY £10,064).
Birkbees Day Care Ltd - Fellow subsidiary
During the year, Birkbees Day Care Ltd made net recharges of £1,228 (PY £886) to First Class Nursery (Huddersfield) Limited, who repaid £7,121 (PY £nil) to Birkbees Day Care Ltd. At the year end, First Class Nursery (Huddersfield) Limited owed £1,228 (PY £7,121) to Birkbees Day Care Limited.
The loans are interest free with no fixed plans for repayment.