Included under creditors falling due after more than one year are amounts due to Self-Invested Personal Pension Plan of Mr A F Phillips of £92,911 (2022: £92,911). This loan is unsecured, interest free and repayable on demand.
Included under creditors falling due withing one year are amounts due to Mr A F Phillips of £99,484 (2022: £98,456) and Genius Reserve Limited, a compnay under the control of Mr G P Fourie of £151,306 (2022: £151,306). These loans are unsecured, interest free and repayable on demand.
During the year the company supplied office services on normal commercial terms to Exceed Accountants Limited, of which Mr A F Phillips is a director, amounting to £39,744 (2022: £39,744) and Genius Reserve Limited, of which Mr G P Fourie is a director, amounting to £31,260 (2022: £31,260).