The following related party transactions were undertaken during the year:
A shareholder withdrew amounts totalling £450, received dividends totalling £2,000 and introduced amounts totalling £Nil. At the balance sheet date the amount receivable was £1,550.
A shareholder withdrew amounts totalling £Nil, received dividends totalling £2,000 and introduced amounts totalling £Nil. At the balance sheet date the amount receivable was £2,000.
Dividends were paid to the shareholders in respect of their shareholdings totalling £4,000.
The aggregate remuneration paid to key management personnel for the year was £9,000.
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'.