a) During the accounting period the company received a loan of £278,800 from the following companies, which is either associated or under the common control of the same shareholder and director:
- A J Cellar Limited (the amount of loan £ 228,800)
- A J Food Stores Limited (the amount of loan £2,000)
- AJ Aveley Ltd (the amount of loan £38,000)
- AJHWM Properties Ltd (the amount of loan £10,000)
and the loan is repayable on demand and interest-free.
b) During the accounting period the company made a loan of £239,896 to the following companies, which is either associated or under the common control of the same shareholder and director:
- HWM Property Limited (the amount of loan £ 216,896)
- Long Buckby Trading Ltd (the amount of loan £23,000)
and the loan is repayable on demand and interest-free.