The Director, Mr N Duddell, provided a working capital loan to the company during the year to meet company expenses. The balance outstanding to the Director as at 28th February 2023 was £3,226. The loan has no prescribed method of repayment and attracts no interest. This amount is included under the classification of Current Liabilities.
COVID 19 is not expected to have a significant impact on the entity Management has determined that there is no material uncertainty that casts doubt on the entity’s ability to continue as a going concern It expects that COVID 19 might have some impact, though not significant, for example, in relation to expected future performance, or the effects on some future asset valuations.