Summary of transactions with other related parties
First Base Limited, parent company
During the year the company received advances of £91,000 (2023: £Nil) from First Base Limited. During the year First Base Limited also waivered £53,221 (2023: £Nil) of its loan with First Affordable Limited. At the balance sheet date the amount due to First Base Limited was £53,220 (2023: £15,441).
Directors' remuneration
The following directors' remeration was paid by and accounted for in the accounts of First Base Limited, the parent company:
Dr Peter Williams £10,000 (2023: £10,000)
Mr John Stephens £5,000 (2023: £5,000)
Ms Susanne Coleman £5,000 (2023: £5,000)