The following related party transactions were undertaken during the year:
Dividends were paid to the directors in respect of their shareholdings totalling £9,800 (2021: £30,500).
The aggregate remuneration paid to key management personnel for the year was £17,263 (2021: £16,017).
A director withdrew amounts during the year totalling £9,725 and introduced capital totalling £12,244 (2021: withdrew amounts totalling £32,500 and introduced capital totalling £32,133). The balance payable to the director at the year end was £46 (2021: the balance receivable from the director at the year end was £2,473).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.