The following related party transactions were undertaken during the year:
At the start of the period the company owed the Director £6,393. The Director received £3,306 worth of advances during the period (2023: £466) and introduced capital of £2,095 (2023: £4,967). The company owed the Director £5,182 at the balance sheet date.
At the start of the period a company under common control owed Auction Legal Contracts Limited £2,450. Auction Legal Contracts Limited was owed £2,450 from the company under common control at the balance sheet date.
Dividends were paid to the directors in respect of their shareholdings totalling £Nil (2023: £2,000).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.