The following related party transactions were undertaken during the year:
A company related by common control; paid expenses on behalf of the company totalling £nil (2022: £50,750) At the balance sheet date the amount payable was £358,888 (2022: £358,888).
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.