The Director's loan account balance of Dr H V Parmar, the sole director and shareholder of the company, of £15,178 as at the year end, is a current liability, interest free and repayable on demand.
The Director's loan account balance of Mrs P Parmar, the sole director and shareholder of the company, of £380 as at the year end, is a current liability, interest free and repayable on demand.
The amount owed by Genu Limited, a company related via common control and directorship, totalled £83,472 as at the year-end, which is a current asset, interest free and repayable on demand.
As at the year-end, shareholders owed the company £37,182. This amount is a current asset, interest free and receivable on demand. This outstanding amount will be repaid to the company within nine months of the year-end.