The following related party transactions were undertaken during the year:
During the period a director introduced capital of £30,000 (2022: £22,000) and received advances of £Nil (2022: £1,900). At the balance sheet date the amounts owed to the director totalled £156,647 (2022: £126,647).
During the period a company under common control was provided with advances of £408,940 (2022: £11,825) of which £Nil (2022: £Nil) has been repaid. At the balance sheet date the amounts owed to the company totalled £635,280 (2022: £226,340).
During the period a company under common control was provided with advances of £11,825 (2022: £2,693) of which £Nil (2022: £Nil) has been repaid. At the balance sheet date the amounts owed to the company totalled £55,548 (2022: £43,633).
During the period a company under common control was provided with advances of £Nil (2022: £Nil) of which £Nil (2022: £Nil) has been repaid. At the balance sheet date the amounts owed to the company totalled £214,000 (2022: £214,000).
No dividends were paid to the directors in respect of their shareholdings.
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'.