Included under current assets is a balance owed to the company by related parties:
Amplified Label Services Limited: £76,301 (2020: £nil)
Toolroom Academy Limited £110,333 (2020: £nil)
Toolroom Productions Limited: £301,486 (2020: £nil)
Included under current assets are loans owed to the company by related parties:
Toolroom Productions Limited: £307,744 (2020: £100)
These loans are not secured, carry no interest and have no fixed terms of repayment.
Included under other debtors are amounts owed to the company by its shareholders:
K K Knight: £1,251 (2020: £25)
L D Knight: £1,251 (2020: £25)
M K Knight: £252 (2020: £25)
MK Music Limited: £1,000 (2020: £nil)
S M Knight: £1,252 (2020: £25)
These loans are not secured, carry no interest and have no fixed terms of repayment.
The ultimate controlling parties are the directors of the company by virtue of the 100% combined shareholding of the company.