No individual shareholder acting on their own behalf can exercise control over the affairs of the company.
The key management personnel are the directors.
Foxy Property Ltd, Prime Property Essentials and Investments Ltd and Archangel Property Ltd are deemed related parties due to common control.
At the balance sheet date an amount of £16,771 (2023: £16,383) was due to the company from Foxy Property Ltd and an amount of £541,261 (2023: £414,950) was due to the company from Prime Property Essentials and Investments Ltd.
At the balance sheet date an amount of £8,000 was due from the company to (2023: £2,000 due to the company from) Archangel Property Ltd.
Avonmore Lettings LLP is also deemed a related party as one of the directors is also a LLP member of Avonmore Lettings LLP.
During the year, the company paid rental costs of £34,500 (2023: £14,300) to Avonmore Lettings LLP, £24,050 (2023: £9,900) to Prime Property Essentials and Investments Ltd and £11,700 (2023: £9,750) to C Kissoondyal, a company director. The company also paid management charges of £Nil (2023: £65,000) to Prime Property Essentials and Investments Ltd.