YOUNG IDEAS LIMITED

Company Registration Number:
01703991 (England and Wales)

Unaudited abridged accounts for the year ended 29 January 2025

Period of accounts

Start date: 31 January 2024

End date: 29 January 2025

YOUNG IDEAS LIMITED

Contents of the Financial Statements

for the Period Ended 29 January 2025

Balance sheet
Notes

YOUNG IDEAS LIMITED

Balance sheet

As at 29 January 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 18,748 32,592
Investments:   0 0
Total fixed assets: 18,748 32,592
Current assets
Stocks: 614,133 648,740
Debtors: 4 640,148 486,834
Cash at bank and in hand: 53,846 145,653
Investments:   0 0
Total current assets: 1,308,127 1,281,227
Creditors: amounts falling due within one year:   (597,471) (459,754)
Net current assets (liabilities): 710,656 821,473
Total assets less current liabilities: 729,404 854,065
Creditors: amounts falling due after more than one year:   (493,582) (626,664)
Provision for liabilities: 0 0
Total net assets (liabilities): 235,822 227,401
Capital and reserves
Called up share capital: 100 100
Other reserves: 215,000 215,000
Profit and loss account: 20,722 12,301
Shareholders funds: 235,822 227,401

The notes form part of these financial statements

YOUNG IDEAS LIMITED

Balance sheet statements

For the year ending 29 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 January 2026
and signed on behalf of the board by:

Name: Colin Wright
Status: Director

The notes form part of these financial statements

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

2. Employees

2025 2024
Average number of employees during the period 26 32

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

3. Tangible Assets

Total
Cost £
At 31 January 2024 253,454
Additions 1,671
At 29 January 2025 255,125
Depreciation
At 31 January 2024 220,862
Charge for year 14,559
Other adjustments 956
At 29 January 2025 236,377
Net book value
At 29 January 2025 18,748
At 30 January 2024 32,592

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 25,501 51,697

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

5. Financial commitments

The company has entered into a cross guarantee with the other group companies such that it will guarantee the bank overdraft borrowings of those companies should they be unable to meet their liabilities. At 29 January 2025 the potential liability was £NIL (2024: £250,088) The company has entered into a cross company debenture with the other group companies such that it will guarantee the pension loan borrowing in Young Ideas Group Limited should that company be unable to meet the liability. At 29 January 2025 the potential liability was £1,073,667 (2024: £1,017,686).

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

6. Loans to directors

At 29 January 2025 the company owed £1,470 (2024 : £185,000) to the directors. The amount is interest free.

YOUNG IDEAS LIMITED

Notes to the Financial Statements

for the Period Ended 29 January 2025

7. Related party transactions

Name of the related party: Little Trekkers Limited
Relationship:
Group company
Description of the Transaction: The amount receivable is repayable after more than one year and interest free
£
Balance at 31 January 2024 25,501
Balance at 29 January 2025 25,501
Name of the related party: Henmores Lifestyle Limited
Relationship:
Group company
Description of the Transaction: The amount receivable is repayable interest free
£
Balance at 31 January 2024 284,004
Balance at 29 January 2025 26,197
Name of the related party: Greenman Investments LLP
Relationship:
Common ownership
Description of the Transaction: The amount receivable is repayable interest free
£
Balance at 31 January 2024 31,650
Balance at 29 January 2025 1,779
Name of the related party: Boobydoo Limited
Relationship:
Group company
Description of the Transaction: The amount receivable is repayable interest free
£
Balance at 31 January 2024 29,750
Balance at 29 January 2025 1,967
Name of the related party: Young Ideas Group Limited
Relationship:
Parent company
Description of the Transaction: The amount payable is due after more than one year and is interest free
£
Balance at 31 January 2024 133,253
Balance at 29 January 2025 70,788