The following related party transactions were undertaken during the year:
A director of the company introduced amounts totalling £56,359 (2023: £54,525) and withdrew amounts totalling £57,099 (2023: £52,743). At the balance sheet date the balance payable to the director was £17,210 (2023: £17,949).
A director of the company introduced amounts totalling £Nil (2023: £4,000) and withdrew amounts totalling £34,910 (2023: £Nil). At the balance sheet date the balance payable from the director was £951 (2023: £33,956).
A director of the company introduced amounts totalling £51,023 (2023: £48,417) and withdrew amounts totalling £51,023 (2023: £35,750). At the balance sheet date the balance payable to the director was £13,181 (2023: £13,181).
Dividends were paid to the directors in respect of their shareholdings totalling £104,803 (2023: £85,115).
The aggregate remuneration paid to key management personnel for the year was £18,200 (2023: £18,200)
For the year ending 31 July 2024 the company was entitled to exemption from the disclosure of transactions with its subsidiary company under paragraph 33.1A of FRS 102.
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.