Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31896falsefalse62024-01-01falseFarmingtrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00459695 2024-01-01 2024-12-31 00459695 2023-01-01 2023-12-31 00459695 2024-12-31 00459695 2023-12-31 00459695 c:Director1 2024-01-01 2024-12-31 00459695 c:Director2 2024-01-01 2024-12-31 00459695 c:RegisteredOffice 2024-01-01 2024-12-31 00459695 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 00459695 d:Buildings d:LongLeaseholdAssets 2024-12-31 00459695 d:Buildings d:LongLeaseholdAssets 2023-12-31 00459695 d:PlantMachinery 2024-01-01 2024-12-31 00459695 d:PlantMachinery 2024-12-31 00459695 d:PlantMachinery 2023-12-31 00459695 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00459695 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00459695 d:MotorVehicles 2024-01-01 2024-12-31 00459695 d:MotorVehicles 2024-12-31 00459695 d:MotorVehicles 2023-12-31 00459695 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00459695 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00459695 d:OfficeEquipment 2024-01-01 2024-12-31 00459695 d:OfficeEquipment 2024-12-31 00459695 d:OfficeEquipment 2023-12-31 00459695 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00459695 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00459695 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00459695 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00459695 d:FreeholdInvestmentProperty 2024-12-31 00459695 d:FreeholdInvestmentProperty 2023-12-31 00459695 d:FreeholdInvestmentProperty 2 2024-01-01 2024-12-31 00459695 d:CurrentFinancialInstruments 2024-12-31 00459695 d:CurrentFinancialInstruments 2023-12-31 00459695 d:Non-currentFinancialInstruments 2024-12-31 00459695 d:Non-currentFinancialInstruments 2023-12-31 00459695 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00459695 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00459695 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 00459695 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 00459695 d:ShareCapital 2024-12-31 00459695 d:ShareCapital 2023-12-31 00459695 d:OtherMiscellaneousReserve 2024-01-01 2024-12-31 00459695 d:OtherMiscellaneousReserve 2024-12-31 00459695 d:OtherMiscellaneousReserve 2023-12-31 00459695 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00459695 d:RetainedEarningsAccumulatedLosses 2024-12-31 00459695 d:RetainedEarningsAccumulatedLosses 2023-12-31 00459695 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 00459695 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 00459695 d:OtherDeferredTax 2024-12-31 00459695 d:OtherDeferredTax 2023-12-31 00459695 c:FRS102 2024-01-01 2024-12-31 00459695 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 00459695 c:FullAccounts 2024-01-01 2024-12-31 00459695 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00459695 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-01-01 2024-12-31 00459695 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-12-31 00459695 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-31 00459695 2 2024-01-01 2024-12-31 00459695 6 2024-01-01 2024-12-31 00459695 f:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 00459695










J ALSTON & SONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
J ALSTON & SONS LIMITED
 
 
COMPANY INFORMATION


Directors
Mr J A Alston 
Mrs L Alston 




Registered number
00459695



Registered office
Park Farm
Silfield

Wymondham

Norfolk

NR18 9NQ




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
J ALSTON & SONS LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 13


 
J ALSTON & SONS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF J ALSTON & SONS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J Alston & Sons Limited for the year ended 31 December 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of J Alston & Sons Limited, as a body, in accordance with the terms of our engagement letter dated 7 June 2023Our work has been undertaken solely to prepare for your approval the financial statements of J Alston & Sons Limited and state those matters that we have agreed to state to the Board of Directors of J Alston & Sons Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J Alston & Sons Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that J Alston & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J Alston & Sons Limited. You consider that J Alston & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of J Alston & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
13 August 2025
Page 1

 
J ALSTON & SONS LIMITED
REGISTERED NUMBER: 00459695

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,474,198
6,554,617

Investments
  
98,851
98,851

Investment property
 5 
6,300,000
6,100,000

  
12,873,049
12,753,468

Current assets
  

Stocks
 6 
1,097,523
1,101,191

Debtors: amounts falling due within one year
 7 
880,486
819,761

Cash at bank and in hand
  
40,720
95,154

  
2,018,729
2,016,106

Creditors: amounts falling due within one year
 8 
(1,052,182)
(1,110,580)

Net current assets
  
 
 
966,547
 
 
905,526

Total assets less current liabilities
  
13,839,596
13,658,994

Creditors: amounts falling due after more than one year
 9 
(7,725,457)
(7,457,539)

Provisions for liabilities
  

Deferred tax
 10 
(586,369)
(563,102)

Net assets
  
5,527,770
5,638,353


Capital and reserves
  

Called up share capital 
  
20,000
20,000

Other reserves
 11 
3,668,056
3,518,056

Profit and loss account
 11 
1,839,714
2,100,297

  
5,527,770
5,638,353


Page 2

 
J ALSTON & SONS LIMITED
REGISTERED NUMBER: 00459695
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 August 2025.




Mr J A Alston
Director

The notes on pages 4 to 13 form part of these financial statements.

Page 3

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domicile in England
and Wales.  The registered office address of the company is Park Farm, Silfield, Wymondham, Norfolk, NR18 9NQ.  The company's principal activity continues to be that of farming.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Turnover comprises revenue recognised by the Company in respect of crops sold and rents and arable subsidies receivable, exclusive of Value Added Tax.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 5

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Land & buildings
-
10% + 2% straight line
Plant & machinery
-
20% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
10% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.11

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.12

Stocks

Stocks and closing valuation for cultivations (work in progress) are valued at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
The cost of cultivations has been determined from cost of production calculations as calculated by the Company's management.  Consumable stocks are valued at cost.

 
2.13

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 6

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.14

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.15

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.16

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 7

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.17

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Impairment of financial instruments
Financial assets are assessed for indicators of impairment at each reporting date.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.







 
Page 8

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.17
Financial instruments (continued)

Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities.
Other financial instruments
Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss.
Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.18

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 9

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Tangible fixed assets





Land & buildings
Plant & machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
6,580,500
2,173,000
38,932
10,745
8,803,177


Additions
-
17,105
-
1,472
18,577



At 31 December 2024

6,580,500
2,190,105
38,932
12,217
8,821,754



Depreciation


At 1 January 2024
514,104
1,690,617
37,104
6,735
2,248,560


Charge for the year on owned assets
89
55,464
456
499
56,508


Charge for the year on financed assets
-
42,488
-
-
42,488



At 31 December 2024

514,193
1,788,569
37,560
7,234
2,347,556



Net book value



At 31 December 2024
6,066,307
401,536
1,372
4,983
6,474,198



At 31 December 2023
6,066,396
482,383
1,828
4,010
6,554,617

Page 10

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
6,100,000


Surplus on revaluation
200,000



At 31 December 2024
6,300,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.







6.


Stocks

2024
2023
£
£

Raw materials and consumables
81,110
74,601

Work in progress
658,978
646,981

Finished goods and goods for resale
357,435
379,609

1,097,523
1,101,191



7.


Debtors

2024
2023
£
£


Trade debtors
271,752
49,753

Other debtors
569,034
730,318

Prepayments and accrued income
39,700
39,690

880,486
819,761


Page 11

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
592,668
624,349

Bank loans
161,685
126,773

Trade creditors
66,389
137,630

Other taxation and social security
38,953
32,677

Obligations under finance lease and hire purchase contracts
50,295
48,085

Other creditors
290
295

Accruals and deferred income
141,902
140,771

1,052,182
1,110,580


The bank loans and bank overdraft are secured by way of legal charges and debenture on the land and buildings owned by the company.  
The hire purchase contracts are secured by the underlying assets.


9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,684,449
7,366,236

Net obligations under finance leases and hire purchase contracts
41,008
91,303

7,725,457
7,457,539


The bank loans are secured by way of legal charges and debenture on the land and buildings owned by the company.  
The hire purchase contracts are secured by the underlying assets.

The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
2023
£
£


Repayable by instalments
7,114,516
6,829,711

7,114,516
6,829,711



Page 12

 
J ALSTON & SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Deferred taxation




2024


£






At beginning of year
563,102


Charged to profit or loss
23,267



At end of year
586,369

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
64,599
91,333

Revaluations
521,769
471,769

586,368
563,102


11.


Reserves

Other reserves

The other reserves represents the cumulative value of revaluations of listed investments to fair value, net of deferred tax.  The amounts debited or credited to this reserve are transfers from the profit and loss account.  Deferred tax is provided on these fair value adjustments at the standard rate of corporation tax.

Profit & loss account

The profit and loss account includes all current and prior period retained profits and losses.


12.


Related party transactions

As at 1 January 2024, the balance owed to the company by the directors was £442,620.
During the year advances were made of £186,592 and repayments of £190,288.
As at 31 December 2024, the balance owed to the company by the directors was 
£438,924.  This balance is included within other debtors, note 8, of the financial statements.  Interest was charged by the company to the director at 2.25% of £7,290.

Page 13