The following related party transactions were undertaken during the year:
A company related by common control, loaned amounts totalling £21,322 (2023: loaned £Nil and repaid £Nil). As at the 31 May 2024 the balance payable was £27,073 (2023: payable £5,750).
A director of the company withdrew amounts totalling £1,500 and introduced amounts totalling £NIL (2023: withdrew £Nil, introduced £Nil). At the 31 May 2024 the balance payable was £9,444 (2023: payable £10,943).
A director of the company withdrew amounts totalling £3,000 and introduced amounts totalling £NIL (2023: withdrew £Nil, introduced £NIL). At the 31 May 2024 the balance receivable was £2,910 (2023: payable £90).
Dividends were paid to the directors in respect to their shareholdings totalling £Nil (2023: £3,760).
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.