Merchant Place Property Partnership
Included in amounts owed to related parties ( note 7) at the 5 April 2024 is an amount of £989,862 (2023- £981,748) owed to Merchant Place Property Partnership 65, an entity with 33.75% interest in the company on which no interest is payable.
Merchant Place property partnership received project management fees of £74,720 during the year (2023- 51,000 )
Cliffe Property Investments Limited
Michael Chicken is a Director and 100% shareholder of Cliffe Property Investments Limited, which received £73,578 (2023 - £47,000) for project management fees during the year and £6,000 (2023 - £6,000 ) for accountancy services.
Acrehall Service Limited
Geoffrey Hunton is a Director and 100% shareholder of Acrehall services Limited which received £52,614 (2023 - £24,000) of project management fees during the year.