During the year, the company traded with the following group companies which are also subsidiaries of Rocaba Investment Group Limited, the ultimate parent company.
Sales invoices raised to:
Rocaba Verpackung £97,940 (2022 £156,207)
Rocaba Ireland £124,156 (2022 £110,237)
Packaging Direct £21,483 (2022 £16,081l)
Purchase made through:
Rocaba Verpackung £51,279 (2022 £34,270)
Packaging Direct Limited £103,264 (2022 £104,325)
Rocaba Media Limited £nil (2022 £ nil)
Rent paid to:
Rocaba Investment Group £101,913 (2022 £nil)
Rent received from:
Rocaba Sports Limited £60,500 (2022 £nil)
Balances outstanding at the 31st December 2023:
Owed to Rocaba Verpackung £4,458 (2022 £ 4,743)
Owed by Rocaba Verpackung £36,646 (2022 £278)
Owed by Rocaba Ireland £7,706,646 (2022 £nil)
Owed to Packaging Direct Ltd £15,539 (2022 £2,056)
Owed by Packaging Direct Ltd £18,806 (2022 £ 38,059)
Owed by Rocaba Sports Limited £nil (2022 £7,500)
The balances will be repaid within one year and as such directors' feel that it would incur undue cost and effort to record the loan at its present value. Thus, it has been recorded at it transactional value.
Included in other creditors are loans from directors, at the 31 December 2023, of £50,300 (2022 £53,538).
The loans are interest free and repayable on demand. They have been recorded at their transactional value.
Harding Cole LimitedControlled by the directorDirectors' Fees £72,794 (2022 £72,794), Marketing services £34,000 (2022 £34,000)
Quantum Singularity LimitedControlled by the directorDirectors' Fees £nil (2022 £9,875), Marketing services £34,000 (2021 £430)