During the year, the company entered into purchase of services transactions with Envision Trading Spain S.L. of £67,783 (£88,748- 2023). Envision Trading Spain S.L. is a company registered in Spain, which is owned and run by the directors of FCS Capital Markets Ltd. The Directors also entered into purchase of services transactions individually in the year, amounting to £1,586,276 (£101,582- 2023) for Mr. J. Fernandez and £1,502,671 (£7,630- 2023) for Mr. M. Gonzalez Diaz. The company also purchased services from Lucrum Limited, owned by a director of FCS Capital Markets Ltd, for an amount of £1,553,635 (£Nil in 2023).
The amount due to Envision Trading Spain S.L. as at 31st December 2024 was £15,440 (£Nil- 2023). Included among the Other creditors, the outstanding balances for Mr. J. Fernandez £209,495 (£Nil- 2023), Mr. M. Gonzalez Diaz £202,259 (£Nil- 2023) and Lucrum Limited £195,888 (£Nil- 2023) at the year-end.
The amount due from Envision Trading Spain S.L. at the end of 31st December 2024 was £Nil (£15,651- 2023), Mr J Fernandez was £Nil (£15,636- 2023), and Lucrum Limited £Nil (£15,680- 2023) was included in Debtors.