Included under current trade debtors are the following balances owed to the company by the related parties:
Amplified Label Services Limited: £406,853 (2022: £231,362)
Toolroom Academy Limited £1,039,559 (2022: £462,159)
Toolroom Productions Limited: £2,087,870 (2022: £1,121,205)
Included under other current debtors are amounts owed to the company by its shareholders and a related party:
K K Knight: £1,251 (2022: £1,251)
L D Knight: £1,251 (2022: £1,251)
M K Knight: £252 (2022: £252)
MK Music Limited: £1,000 (2022: £1000)
S M Knight: £1,251 (2022: £1,251)
Toolroom Academy Limited: £200,000 (2022: £200,000)
These loans are not secured, carry no interest and have no fixed terms of repayment.
Included under liabilities due in more than 1 year are loans owed by the company to a related party:
Toolroom Productions Limited: £3,555,044 (2022: £1,949,591)
This loan is not secured, carries no interest and has no fixed terms of repayment.
The ultimate controlling parties are the directors of the company by virtue of the 100% combined shareholding of the company.