The following advances and credits to director C McGrath subsisted during the year ended 31 August 2022 and year ended 31 August 2023.
Year ended 31st August 2022
Balance at 01/09/2021: £6,113 owed to the director.
£4,362 was loaned to the company in the period.
Balance at 31/08/2022: £10,475 owed to the director.
Year ended 31st August 2023
Balance at 01/09/2022: £10,475 owed to the director.
£7,603 was repaid to the director in the period.
Balance at 31/08/2023: £2,872 owed to the director.
The above loan is unsecured, interest free and repayable on demand.