| Summary of transactions with all subsidiaries
At the year end Deucalion (Kent) Ltd owed the company £1,632,935 (2023: £1,674,365).
The loan to Deucalion (Kent) Ltd is repayable on demand and bears interest at 3.5%
At the year end Deucalion Residential Ltd owed the company £241,229 (2023: £247,799).
The loan to Deucalion Residential Ltd is repayable on demand and is interest free.
Other creditors
At the year end the company owed £228,581 (2023: £215,091) to Arminius Ltd.
Other creditors due after one year
Included in the carrying amount of other creditors at year end is £1,803,107 (2023 - £1,719,241).
The loan is made up of a non current loan from a director.
The loan has no fixed date for repayment. It is considered by the directors that this loan is not repayable within twelve months of the balance sheet date.
Interest is payable on this loan at a daily rate of 3.25% per annum above Barclays base rate. |