As at 31 December 2025, the joint directors' loan account of Carolyn Gibson and Joseph Gibson was overdrawn by £4,544. This amount is included in Debtors.
Movements during the year:
Opening joint debit balance (as at 1 January 2025): £11,822
Advances made during the year: £nil
Amounts repaid during the year: £7,278
Closing joint debit balance (as at 31 December 2025): £4,544
The loan is unsecured, interest-free and repayable on demand. Both directors are jointly and severally liable for the outstanding balance.