Included within other creditors as at 31 December 2024 is an amount of £14,580 (2023 £14,580) owed to Bodywise Pilates Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also directors of Bodywise Pilates Ltd.
Included within other creditors as at 31 December 2024 is an amount of £24,835 (2023: £24,835) owed to Bodywise Pilates Teacher Training Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also directors of Bodywise Pilates Teacher Training Ltd.
Included within directors' loan accounts as at 31 December 2024 was an amount of £200,000 (2023: £200,000) owed to Mr R Coppock (director). This loan in repayable on demand and interest bearing. Interest is paid monthly at a rate of 1.35% (2023: 0.45%) per annum and chargeable to the profit and loss account when due.
Included within directors' loan accounts as at 31 December 2024 was an amount of £537,104 (2023: £537,104) owed to Ms L Coppock (director) and Mr P Hausemer (director). This loan is repayable on demand. £400,000 of this loan is interest bearing, paid monthly at a rate of 6.825% (2023: 6.825%) per annum and chargeable to the profit & loss account when due. Monthly interest payments at a rate of 2.19% per annum commenced in October 2023 on the remaining balance of the loan.