The following related party transactions were undertaken during the year:
During the period a director of the company introduced amounts totalling £7,761, withdrew amounts totalling £1,000 and declared dividends of £14,000. At the balance sheet date the amount owed to the director was £20,761.
During the period a director of the company introduced amounts totalling £1,480 and declared dividends of £14,000. At the balance sheet date the amount owed to the director was £15,480.
During the period a director of the company introduced amounts totalling £4,861, withdrew amounts totalling £13,081 and declared dividends of £14,000. At the balance sheet date the amount owed to the director was £5,780.
During the period a director of the company introduced amounts totalling £5,530, withdrew amounts totalling £19,298 and declared dividends of £14,000. At the balance sheet date the amount owed to the director was £232.
Dividends were paid to the directors in respect of their shareholdings totalling £56,000.
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.