Related party transactions
Blue Pie Investments Proprietary Limited
The Company is wholly owned by Blue Pie Investments Proprietary Limited
Blue Pie Investments Proprietary Limited has advanced an unsecured loan to the Company. The terms of the loan are that it is
unsecured, repayable on 24 months notice (or on demand only in certain specified circumstances), interest rates agreed from time to time - currently 0%. At the balance sheet date the amount due to Blue Pie Investments Proprietary Limited was £10,847,521 (2023 - £10,847,521).
Blue Pie UK Properties Limited
Fellow subsidiary of Blue Pie Investments Proprietary Limited.
Blue Pie UK Properties Limited has advanced an unsecured loan to the Company. The terms of the loan are that it is
unsecured, repayable on demand, interest rates agreed from time to time - currently 0%. At the balance sheet date the
amount due to Blue Pie UK Properties Limited was £107,250 (2023 - £130,097).
Digicall Holdings Australia (Pty) Limited
Fellow subsidiary of Blue Pie Investments Proprietary Limited.
Digicall Holdings Australia (Pty) Limited has advanced an unsecured loan to the Company. The terms of the loan are that it is
unsecured, repayable on demand, interest rates agreed from time to time - currently 0%. At the balance sheet date the
amount due to Digicall Holdings Australia (Pty) Limited was £0 (2023 - £1,298,218).
Glasfit UK Limited
Fellow subsidiary of Blue Pie Investments Proprietary Limited.
Glasfit UK Limited was advanced an unsecured loan to the Company. The terms of the loan are that it is unsecured, repayable
on demand, interest rates agreed from time to time - currently 0%. At the balance sheet date the amount due from Glasfit
UK Limited was £4,763 (£8,801 less impairment of £4,038) (2023 - £4,113).
Digiflo Solutions Limited
The Company owns 52% of the share capital of Digiflo Solutions Limited.
Digiflo Solutions Limited was advanced an unsecured loan to the Company. The terms of the loan are that it is unsecured, repayable on demand, interest rates agreed from time to time - currently 10%. At the balance sheet date the amount due from Digiflo Solutions Limited was £238,133 (2023 - £197,018).
Sigma Connected Limited
Fellow subsidiary of Blue Pie Investments Proprietary Limited.
Sigma Connected Limited was advanced an unsecured loan by the Company. The term of the loan are
that it is unsecured, repayable on demand, interest rates agreed from time to time - currently 0%.
At the balance sheet date the amount due from Sigma Connected Limited was £0 (2023 - £1,000,000).
DE Allers
Blue Pie (UK) Ltd has loaned DE Allers £79,320.49 (2023: £0). Interest is applied to the loan balance from time to time - currently 2.25%. The loan is repayable on 360 days advance written notice by Blue Pie (UK) Ltd. The loan can be repaid at any time without any early settlement penalty.
Digicall Holdings Proprietary Limited
Fellow subsidiary of Blue Pie Investments Proprietary Limited.
Digicall Holdings Proprietary Limited has advanced an unsecured loan to the Company. The terms of the loan are that it is
unsecured, repayable on demand, interest rates agreed from time to time - currently 0%. At the balance sheet date the amount due to Digicall Holdings Proprietary Limited was £10,712,794 (2023 - £0).