The following advances and credits to director G Steel during the year ended 30 September 2023 & the year ended 30 September 2024:
Year ended 30 September 2023
Balance at 01/10/2022: £10,644 owed to the company
£7,317 was loaned to the director.
Balance at 30/09/2023: £17,961 owed to the company.
Year ended 30 September 2024
Balance at 01/10/2023: £17,961 owed to the company.
£4,614 was repaid to the company.
Balance at 30/09/2024: £13,347 owed to the company.
The above loan is unsecured, interest free and repayable on demand.