During the period, the company entered into the following transactions with related parties:
Owners holding a participating interest
During the period, the company received loans from Mr M Ali, a director and shareholder with a participating interest, totalling £1,451 (No comparative period). At the reporting date, the outstanding loan balance was £0 (No comparative period).
This amount is interest-free, unsecured and repayable on demand.
During the period, the company received loans from Mrs A Khalid, a director and shareholder with a participating interest and the spouse of Mr M Ali, totalling £1,933 (No comparative period). At the reporting date, the outstanding loan balance was £0 (No comparative period).
This amount is interest-free, unsecured and repayable on demand.
For details of loans to directors, see the Directors' Advances, Credits and Guarantees note.