Karia Investments Limited: Loan account
A company in which the director Mr R Karia is also a director and a shareholder.
These loans are repayable on demand and interest is being charged on an outstanding amount on an annual basis.
The amount is included within other debtors.
Amount due from the related party: 2024: £3,885,034 (2023: £3,145,126).
Channel Feeder Limited: Loan account
A company in which the director Mr R Karia is also a director and a shareholder.
These loans are free of interest and repayable on demand.
The amount is included within other debtors.
Amount due from the related party: 2024: £220,000 (2023: £100,000).
Universal Textiles UK Ltd: Loan account
A company in which the director Mr R Karia is also a director and a shareholder.
These loans are free of interest and repayable on demand.
The amount is included within other debtors.
Amount due from the related party: 2024: £900,021 (2023: £600,000).
Directors/Shareholders loan account:
These loans are free of interest and repayable on demand. The amount is included within other debtors/creditors.
Amount due from the related party: 2024: £234,829 (2023: 251,620).