Included under current assets is a balance owed to the company by related parties:
Toolroom Academy Limited: £189,000 (2020: £189,000)
Included under current liabilities are balances owed by the company to related parties:
Amplified Label Services Limited: £687,208 (2020: £296,412)
Knight Family Investments Limited: £301,486 (2020: £nil)
Toolroom Academy Limited: £41,232 (2020: £25,396)
Included under current assets are loans owed to the company by related parties:
Amplifed Label Services Limited: £425,280 (2020: £159,783)
Knight Family Investments Limited: £307,773 (2020: £100)
Mark Knight Music Limited £48,620 (2020: £nil)
Toolroom Academy Limited: £518,954 (2020: £283,891)
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 directors:
M K Knight: £nil (2020: £11,702)
S M Knight: £3,006 (2020: £2,090)
K K Knight: £518 (2020: £518)
These loans are not secured, carry no interest and have no fixed terms of repayment.