Directors advances, credits and guarantees
Included in debtors is an amount payable to the company by both of its directors. The amount is an advance of
£39,747 made to Mr K Hendy, a director of the company, on 28/02/2026. During the accounting year
the maximum amount payable was £56,443.
The following conditions are attached to the amount payable.
- There is no interest due to be paid on any outstanding amount.
- No fixed date has been set for the amount to be repaid to the company
Opening balance (01/03/2025): £15,161
Additional Advance: £41,657
Amount repaid: £17,072
Amount written off: £0
Amounts waived: £0
Interest payable: £0
Closing balance (28/02/2026): £39,746
Also included is amount is an advance of £1,116 made to Mrs P Hendy, a director of the company, on 28/02/2026. During the accounting year
the maximum amount payable was £17,421.
The following conditions are attached to the amount payable.
- There is no interest due to be paid on any outstanding amount.
- No fixed date has been set for the amount to be repaid to the company
Opening balance (01/03/2025): £14,837
Additional Advance: £2,584
Amount repaid: £16,305
Amount written off: £0
Amounts waived: £0
Interest payable: £0
Closing balance (28/02/2026): £1,116