| During the year, the company has entered into transactions with related parties. These transactions have been conducted on an arm's length basis on normal trading terms.
The director of the company, Sam Rockley, is a controlling shareholder in SGR Commercial LTD and SGR Audio Visual LTD. As such, the transactions between these two entities, which include sales and loan arrangements, are considered related party transactions.
The following transactions occurred during the period:
Sales of £9,600
Loans received of £12,800 (£3,939 2023)
The following outstanding balances were held with related parties at the year-end:
Receivables owed of £1,440
Loans owing of £16,739 |