Gruvi Media Inc (USA)
An amount of £3,785 (2023 - £3,785) was owed to Gruvi Media Inc at the balance sheet date, which has been included in creditors due over one year.
Gruvi Media UG (Germany)
Gruvi Media UG (Germany) is under the control of Gruvi Limited by virtue of its shareholding. During the period, Gruvi Media UG paid subscriptions of £3,235 (2023 - £7,198), and reimbursement of costs of £285,182 (2023 - Nil) both of these amounts are shown in Other income.
There was an amount owed to Gruvi Ltd from Gruvi Media UG (Germany) of £171,670 at the balance sheet date (2023 - £23,306), which has been included in Debtors due in one year.
The Audience Project (Denmark)
The Audience Project (Denmark) is under the control of Gruvi Limited by virtue of its dominant interest and influence. During the period, The Audience Project paid subscriptions of £2,236 (2023 - £34,064), and reimbursement of costs of £73,773, both of these amounts are shown in Other income.
There was an amount owed to Gruvi Ltd from The Audience Project of £12,390 (2023-Nil) at the balance sheet date, which has been included in Debtors due in one year.
Gruvi PTY (Australia) Ltd
The Gruvi PTY Ltd is under the control of Gruvi Limited by virtue of its shareholding. During the period, Gruvi PTY Ltd has paid a subscription of £3,979 (2023- £95,952) and reimbursement of costs of £200,533, both of these amounts are shown in Other income.
There was an amount owed to Gruvi Ltd from Gruvi PTY Ltd of £65,080 (2023 - £51,795) at the balance sheet date, which has been included in Debtors due in one year.
Gruvi Portugal
Gruvi Protugal is under the control of Gruvi limited by virtue of its shareholding. There was an amount owed to Gruvi Ltd from Gruvi Portugal of £23,780 (2023 - Nil) at the balance sheet date, which has been included in Debtors due in one year.
Amounts shown and detailed as Other income consist of reimbursed charges applied from Gruvi Ltd to its group member companies, these charges are arms length transactions based on the Transfer Pricing Agreement in place.