The directors, Mr E Kelway-Bamber and Mrs L Kelway-Bamber, are also directors of The Headboard Workshop Limited.
During the year, the company made loans totalling £82,000 (2022: £137,000) to The Headboard Workshop Limited and received repayments totalling £17,000 (2022: £20,000) from The Headboard Workshop Limited. The company also received materials from The Headboard Workshop Limited at an arms length cost of £8,000 (2022: £18,700) and supplied materials to The Headboard Workshop Limited at an arms length cost of £1,000 (2022: £Nil).
Management charges of £53,350 (2022: £94,250) were charged to the company by The Headboard Workshop Limited during the year ended 31 May 2023.
At the balance sheet date, £116,410 (2022: £111,760) was owed to the company by The Headboard Workshop Limited, and this is shown in other debtors.