Associated Company
GT NorthWest Limited is an associated company
Expenses originally paid for by GT NorthWest Limited totalling £7,000 (2023 £3,500) are included in accruals and were billed after the year end date.
Work in Progress include the same amount, £7,000 (2023 £3,500) and represents management charges to be billed to GT NorthWest Limited.
Transactions with GT Northwest Limited in the year are then:
Gross Management Charges made £4,200 (2023 £5,400).
Charges for gross expenses £4,200 (2023 £5,400).