included in the other debtors and other creditors are the following balances at the year end, the company was owed amounts by/(owed amounts to) the following companies:
Company Names 31 May 2024 31 May 2023
£ £
IFA Trading Ltd (40,000) (40,000)
Sifa Investments Ltd (5,501) (26,501)
F&A Property Investments Ltd (294,500) (287,000)
Sibfa Investments Ltd (37,266) (50,680)
Aspire properties investments Ltd 342,000 -
Faaz Estate & Builders Ltd 5,000 -
The above amounts have been loaned to and from companies to meet the working capital requirements and are receivable/payable on demand. Mr Farhan Aziz is director and also a shareholder in above companies for the year ended 31 May 2024.