| Secured Debts
The following secured debts are included within Creditors:
Bank loan £1,447,797
Under charges registered with Companies House on 23 June 2023 the company has given security by way of a debenture and charges in respect of amounts borrowed as follows:
- Fixed and floating charge over all the undertaking, all its property and other assets of whatsoever nature both present and future including its uncalled share capital.
- A first legal mortgage over the freehold land known as land adjoining 9 Leigh Court Close, Cobham KT11 2HT, a fixed charge over income and rights associated with the same. A floating charge over all moveable plant. machinery, furniture and equipment held now or from time to time at the property.
Related Party Disclosure
The company has taken advantage of exemption, under the terms of Finanicial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |