The following related party transactions were undertaken during the period:
Dividends were paid to directors in respect of their shareholdings totalling £21,549 (2023: £Nil)
Dividends were paid to shareholders in respect of their shareholdings totalling £300,329 (2023: £Nil).
Consumer Rights Energy Limited provided loans totalling £109,000 to a company in the same group and amounts of £Nil were repaid. At the balance sheet date, the amount receivable from the company totalled £109,000 (2023: £Nil).
At the start of the period a company under common control owed Consumer Rights Energy Limited an amount totalling £2,000. This amount was written off in the period as the company had disssolved.
At the start of the period a company in the same group owed Consumer Rights Energy Limited an amount totalling £3,950. Consumer Rights Energy Limited provided loans to the company totalling £6,000 and amounts of £Nil were repaid (2023: provided loans totalling £3,950 and amounts of £Nil were repaid). The remaining balance of £9,950 was written off in the period as the company entered liquidation.
Consumer Rights Energy Limited provided loans totalling £1,186 to a company under common control and amounts of £102 were repaid (2023: provided loans totalling £152,235 and amounts of £125,018 were repaid). At the balance sheet date, the amount payable to the company totalled £2,657 (2023: £3,741).
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'.