Marine Holdings (Sharpness) Ltd, a wholly owned subsidiary, paid a dividend of £nil (2023 - £nil) to Cross Country Holdings Ltd. During the year, a bank loan of £nil (2023 - £399,063) was re-assigned from Marine Holdings (Sharpness) Ltd to Cross Holdings Ltd. At the end of the period, Marine Holdings (Sharpness) Ltd owed Cross Country Holdings Ltd £484,926 (2023 - £565,721). This amount was included within amounts owed by subsidiaries. No interest has been charged in respect of this balance.
At the year end, Cross Country Holdings Ltd owed their subsidiaries £228 (2022 - £11). These amounts are included within amount owed to subsidiaries. No interest has been charged in respect of these balances.
During the year, Cross Country Holdings Ltd loaned a wholly owned subsidiary £32,500 (2023 - £nil).At the year end, £32,499 was owed to Cross Country Holdings LTD and is included within amounts owned by subsidiaries (2023 - £nil).
R W Davis & Son Ltd, a company in which Cross Country Holdings Limited owns 50% of the called up share capital, paid a dividend of £10,000 (2023 - £10,000). R W Davis & Son Ltd was also invoiced £29,600 (2023 - £nil) for management fees.At the year end, there were no balances owed either to or from this associate (2023 - £nil).