The following advances and credits to director M Pennal subsisted during the period ended 31 August 2023 and year ended 31 August 2024:
Period ended 31 August 2023
Balance at 18/08/2022: £0 owed to the director.
£2,325 was loaned to the company in the year.
Balance at 31/08/2023: £2,325 owed to the director.
Year ended 31 August 2024
Balance at 01/09/2023: £2,325 owed to the director.
£3,177 was loaned to the company in the year.
Balance at 31/08/2024: £5,502 owed to the director.
The above loan is unsecured, interest free and repayable on demand.