1.
General Information
Bryn Thomas Holdings Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
05298716
. The registered office is 421 Chester Road, Oakenholt, Flint , Flintshire, CH6 5SF.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The Group's functional and presentational currency is GBP and no level of rounding has been used in presenting the financial statements.
2.2.
Basis Of Consolidation
The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 December 2024.
A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.
Where a subsidiary has different accounting policies to the group, adjustments are made to those subsidiary financial statements to apply the group’s accounting policies when preparing the consolidated financial statements.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the group holds a long-term interest and where the group has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. The results of associates are accounted for using the equity method of accounting.
Any subsidiary undertakings or associates sold or acquired during the year are included up to, or from, the dates of change of control or change of significant influence respectively.
Where control of a subsidiary is lost, the gain or loss is recognised in the consolidated income statement. The cumulative amounts of any exchange differences on translation, recognised in equity, are not included in the gain or loss on disposal and are transferred to retained earnings. The gain or loss also includes amounts included in other comprehensive income that are required to be reclassified to profit or loss but excludes those amounts that are not required to be reclassified.
Where control of a subsidiary is achieved in stages, the initial acquisition that gave the group control is accounted for as a business combination. Thereafter where the group increases its controlling interest in the subsidiary the transaction is treated as a transaction between equity holders. Any difference between the fair value of the consideration paid and the carrying amount of the non-controlling interest acquired is recognised directly in equity. No changes are made to the carrying value of assets, liabilities or provisions for contingent liabilities.
2.3.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the group and parent company's ability to continue as a going concern.
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.4.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the Group’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.
The Group recognises revenue when it is probable that economic benefits will flow to the company and the amount of revenue can be reliably measured
2.5.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the group’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
2.6.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
|
| Plant & Machinery |
|
| Motor Vehicles |
|
| Property improvements |
|
| Computer Equipment |
|
2.7.
Investments
Investment in subsidiary companies is held at cost less accumulated impairment losses.
2.8.
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the group. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.9.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.
2.10.
Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.11.
Financial Instruments
The Group only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receiveable and payable, loans from banks and other third parties, and loans to related parties.
Debt instruments that are payable or receiveable within one year, typically trade payables or receiveables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received.
2.12.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.13.
Taxation
2.13.
Taxation - continued
The tax expense for the period comprises current and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The group's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.14.
Pensions
The group operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3.
Turnover
Analysis of turnover by class of business is as follows:
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Sales | 18,806,590 | 17,697,617 | |
4.
Other Operating Income
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Rental income |
|
|
|
| 30,000 | 30,000 | ||
5.
Operating Profit
The operating profit is stated after charging:
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bad debts | 23,791 | 509,431 | |
| Depreciation of tangible fixed assets |
|
|
|
6.
Auditor's Remuneration
Remuneration received by the group's auditors and their associates during the year was as follows:
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the group and company's financial statements |
|
|
|
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
7.
Staff Costs
Staff costs, including directors' remuneration, were as follows:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Wages and salaries |
|
|
|
|
|||
| Social security costs |
|
|
|
|
|||
| Other pension costs |
|
|
|
|
|||
|
|
|
|
|
||||
8.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| Office and administration |
|
|
|
|
|||
| Other departments |
|
|
|
|
|||
|
|
|
|
|
||||
9.
Directors' remuneration
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
10.
Interest Receivable and Similar Income
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank interest receivable |
|
|
|
11.
Interest Payable and Similar Charges
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
|
|
|
| Interest payable on other loans |
|
|
|
| Factoring charges | 283,693 | 286,060 | |
| Finance charges payable under finance leases and hire purchase contracts | 978,798 | 726,110 | |
| Other finance charges |
|
|
|
| 1,324,559 | 1,064,356 | ||
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
12.
Tax on Profit
|
The tax charge on the profit for the year was as follows:
|
|||||
| Tax Rate | 2024 | 2023 | |||
|---|---|---|---|---|---|
| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
|
|
|
| Deferred Tax | |||||
| Deferred taxation |
|
|
|||
| Total tax charge for the period |
|
|
|||
|
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
|
|||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | 2,299,624 | 1,151,706 | |||
| Tax on profit at 25% (UK standard rate) |
|
|
|||
| Goodwill/depreciation not allowed for tax |
|
|
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Tax losses utilised |
( |
|
|||
| Capital allowances |
( |
( |
|||
| Difference in tax rates |
|
|
|||
| Deferred tax from unrecognised tax loss or credit |
|
( |
|||
| Dividends from companies |
( |
|
|||
| Total tax charge for the period | 404,022 | 235,291 | |||
13.
Intangible Assets
Group
Company
| Goodwill | |||
|---|---|---|---|
| £ | |||
| Cost or Valuation | |||
| As at 1 January 2024 |
|
||
| As at 31 December 2024 |
|
||
| Net Book Value | |||
| As at 31 December 2024 |
|
||
| As at 1 January 2024 |
|
||
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
The company had no intangible fixed assets as at 31 December 2024 or 31 December 2023.
14.
Tangible Assets
Group
Company
| Land & Property | ||||
|---|---|---|---|---|
| Freehold | Plant & Machinery | Motor Vehicles | Property improvements | |
| £ | £ | £ | £ | |
| Cost | ||||
| As at 1 January 2024 |
|
|
|
|
| Additions |
|
|
|
|
| Disposals |
|
( |
|
|
| As at 31 December 2024 |
|
|
|
|
| Depreciation | ||||
| As at 1 January 2024 |
|
|
|
|
| Provided during the period |
|
|
|
|
| Disposals |
|
( |
|
|
| As at 31 December 2024 |
|
|
|
|
| Net Book Value | ||||
| As at 31 December 2024 |
|
|
|
|
| As at 1 January 2024 |
|
|
|
|
| Computer Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost | ||
| As at 1 January 2024 |
|
|
| Additions |
|
|
| Disposals |
|
( |
| As at 31 December 2024 |
|
|
| Depreciation | ||
| As at 1 January 2024 |
|
|
| Provided during the period |
|
|
| Disposals |
|
( |
| As at 31 December 2024 |
|
|
...CONTINUED
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
| Net Book Value | ||
| As at 31 December 2024 |
|
|
| As at 1 January 2024 |
|
|
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Plant & Machinery |
|
|
|
| Motor Vehicles |
|
|
|
|
|
|
||
| Land & Property | |||||
|---|---|---|---|---|---|
| Freehold | Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| As at 1 January 2024 |
|
|
|
|
|
| Additions |
|
|
|
|
|
| Disposals |
|
( |
|
|
( |
| As at 31 December 2024 |
|
|
|
|
|
| Depreciation | |||||
| As at 1 January 2024 |
|
|
|
|
|
| Provided during the period |
|
|
|
|
|
| Disposals |
|
( |
|
|
( |
| As at 31 December 2024 |
|
|
|
|
|
| Net Book Value | |||||
| As at 31 December 2024 |
|
|
|
|
|
| As at 1 January 2024 |
|
|
|
|
|
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Plant & Machinery |
|
|
|
| Motor Vehicles |
|
|
|
|
|
|
||
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
15.
Investments
Company
| Subsidiaries | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at 1 January 2024 |
|
| As at 31 December 2024 |
|
| Provision | |
| As at 1 January 2024 |
|
| As at 31 December 2024 |
|
| Net Book Value | |
| As at 31 December 2024 |
|
| As at 1 January 2024 |
|
Subsidiaries
Details of the group's subsidiaries as at 31 December 2024 are as follows:
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
|
|
421 Chester Road, Flint, CH6 5SF |
|
|
- |
|
|
421 Chester Road, Flint, CH6 5SF |
|
|
- |
|
|
421 Chester Road, Flint, CH6 5SF |
|
|
- |
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
| Capital and Reserves | Profit/(loss) | |
|---|---|---|
| £ | £ | |
| Bryn Thomas Cranes Limited |
|
|
| BJW Cranes Limited |
|
|
| Bryn Thomas Rail Limited |
|
|
Under section 479C of the Companies Act 2006,
Bryn Thomas Holdings Limited
, registration number
05298716
, being the parent undertaking has guaranteed the liabilities of the following subsidiaries in order that they qualify for the exemption from audit under section 479A of the Companies Act 2006 in respect of the year ended 31 December 2024:
| Name of undertaking | Registered Number |
|---|---|
|
|
07436233 |
|
|
08267543 |
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
16.
Stocks
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
|
|
|
17.
Debtors
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
|
|
|
|
|||
| Amounts owed by group undertakings | - | - | 1,546,116 | 99,915 | |||
| Other debtors | 1,971,258 | 1,561,821 | 1,753,855 | 1,500,927 | |||
|
|
|
|
|
||||
18.
Creditors: Amounts Falling Due Within One Year
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Net obligations under finance lease and hire purchase contracts |
|
|
|
|
|||
| Trade creditors |
|
|
|
|
|||
| Bank loans and overdrafts |
|
|
|
|
|||
| Other loans |
|
|
|
|
|||
| Amounts owed to group undertakings | - | - |
|
|
|||
| Other creditors | 165,261 | 38,984 | 570 | 18,042 | |||
| Corporation tax |
|
|
|
|
|||
| Taxation and social security | 371,971 | 435,770 | 158,855 | 3,867 | |||
| Accruals and deferred income | 47,400 | 49,186 | 20,261 | 18,550 | |||
|
|
|
|
|
||||
19.
Creditors: Amounts Falling Due After More Than One Year
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Net obligations under finance lease and hire purchase contracts |
|
|
|
|
|||
| Bank loans |
|
|
|
|
|||
|
|
|
|
|
||||
Of the creditors falling due after more than one year the following amounts are due after more than five years.
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Net obligations under finance lease and hire purchase contracts | 2,541,616 | 1,857,094 | 2,514,616 | 1,857,094 | |||
| Bank loans |
|
|
|
|
|||
20.
Loans
An analysis of the maturity of loans is given below:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due within one year or on demand: | |||||||
| Bank loans |
|
|
|
|
|||
| Other loans |
|
|
|
|
|||
|
|
|
|
|
||||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due between one and five years: | |||||||
| Bank loans |
|
|
|
|
|||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due after more than five years: | |||||||
| Bank loans |
|
|
|
|
|||
Bank loans are denominated in £ with a nominal interest rate of 3%, and the final instalment is due on 4 December 2032. The carrying amount at year end is £84,238 (2023 - £91,443).
A legal mortgage over the freehold property known as BJW Cranes Ltd site.
CBILS loan are denominated in £ with a nominal interest rate of 3.9-7.4%, and the final instalment is due on 30 November 2027. The carrying amount at year end is £282,762 (2022 - £298,5608).
No restrictions over assets pledge as security in regards to the CBILs loan.
Other loans are secured by a fixed and floating charge over all property and assets present and future.
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
21.
Obligations Under Finance Leases and Hire Purchase
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| The future minimum finance lease payments are as follows: | |||||||
| Not later than one year |
|
|
|
|
|||
| Later than one year and not later than five years |
|
|
|
|
|||
| Later than five years |
|
|
|
|
|||
|
|
|
|
|
||||
|
|
|
|
|
||||
Obligations under finance lease and hire purchases are denominated in £ with a nominal interest rate of 4-11%, and the final instalment is due on 31 August 2032.
The obligations under finance lease and hire purchases are secured against the assets.
22.
Deferred Taxation
The provision for deferred tax is made up as follows:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Accelerated capital allowances |
|
|
|
|
|||
24.
Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Not later than one year |
|
|
|
|
|||
| Later than one year and not later than five years |
|
|
|
|
|||
|
|
|
|
|
||||
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
25.
Pension Commitments
The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund.
At the balance sheet date contributions of £15,333 (2023: £19,156) were due to the fund and are included in creditors.
26.
Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
| As at 1 January 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2024 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Mr Bryn Thomas |
|
|
|
- |
|
The above loan is unsecured, interest free and repayable on demand.
27.
Dividends
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid |
|
|
|
28.
Reserves
Group
Company
Called-up share capital
This reserve represents the nominal value of shares that have been issued.
Profit and loss account
This reserve includes all current and prior period retained profits and losses less dividends voted prior to the balance sheet.
Called-up share capital
This reserve represents the nominal value of shares that have been issued.
Profit and loss account
This reserve includes all current and prior period retained profits and losses less dividends voted prior to the balance sheet.
29.
Related Party Disclosures
The group has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
Bryn Thomas Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
Group
Summary of transactions with other related parties
Thomas Taylor Properties Limited
The Mountain Park Hotel & Country Club Limited
DAT Holdings Limited
BT North West Holdings Limited
Management advice and assistance
|
Loans to related parties
|
2024
|
2023
|
|
|
£
|
£
|
||
|
At start of period
|
913,650
|
879,850
|
|
|
Advanced/ (repaid)
|
302,733
|
33,800
|
|
|
|
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none">
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|
|
|
|
At end of period
|
1,216,383
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none">
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<line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/>
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|
913,650
|
Terms of loans to related parties
Amounts owed from related parties are unsecured, interest free, have no fixed date of repayment and are payable on demand.
Company
Summary of transactions with other related parties
Thomas Taylor Properties Limited
The Mountain Park Hotel & Country Club Limited
DAT Holdings Limited
BT North West Holdings Limited
Mr D Thomas
Management advice and assistance
Shareholders loan
|
Loans to related parties
|
2024
|
2023
|
|
|
£
|
£
|
||
|
At start of period
|
870,362
|
1,134,171
|
|
|
Advanced/ (repaid)
|
(3,523)
|
(263,809)
|
|
|
|
|
||
|
At end of period
|
866,839
|
870,362
|
Terms of loans to related parties
Amounts owed from related parties are unsecured, interest free, have no fixed date of repayment and are payable on demand.