The following related party transactions were undertaken during the year:
A director received interest free advances during the year totalling £51,515 (2023: £48,505) and repaid amounts totalling £51,453 (2023: £47,754). The amount owed to the director totalled £12 (2023: £74).
Dividends were paid to the directors in respect of their shareholdings totalling £20,550 (2023: £19,200).
The aggregate remuneration paid to key management personnel for the year was £6,396 (2023: £6,396).
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'.