The company has made loan advances to two companies controlled by the director, which are are interest-free and repayable on demand. As at 30th November 2023, the aggregate amount due to the company was £98,893 (2022: £90,647). A provision for non-recovery has been made in respect of one of the loans, amounting to £4,008 (2022: £4,190).
The company maintains loan accounts with two other companies which are controlled directly or indirectly by the director. The loans are interest-free and repayable ion demand and, as at 30th November 2023, the aggregate amount owed by S J Warren Limited was £123,593 (2022: £123,593).
The director maintains a loan account with the company, which is interest-free and repayable on demand. As at 30th November 2023, the amount owed by the company in respect of this loan was £15,600 (2022: £nil)
The company receives bookkeeping services from one of the companies referred to above, for which £8,025 was charged for the year ended 30th November 2023 (2022: £4,200).