Summary of transactions with entities with joint control or significant interest
An interest free loan payable on demand has been provided to the company by an entity under common control which is not wholly owned by the company. A summary of transactions can be viewed below.
Loans from related parties
Entities with joint control or significant influence
2024
At start of period £6,318
Advanced £2,480
Repaid £0
At end of period £8,798
2023
At start of period (£7,246)
Advanced £13,564
Repaid £0
At end of period £6,318
Income from related parties
Entities with joint control or significant influence
During the year the company received income of £17,678 from related parties (2023: £20,356).