| The principal activity of the company during the financial year was property investment and the letting and management of residential investment property to generate rental income.During the year, the company acquired a residential investment property for £375,000, together with Stamp Duty Land Tax of £25,000 and conveyancing costs of £1,220, resulting in a total acquisition cost of £401,220.Directors' Loans and Related Party TransactionsDuring the financial year ended 31 January 2026, the company acquired a residential investment property for £375,000, together with Stamp Duty Land Tax of £25,000 and conveyancing costs of £1,220, resulting in a total acquisition cost of £401,220.The acquisition was financed by unsecured, interest-free loans from the two directors, each advancing £200,610.An additional £507 was advanced to the company during the financial year.Loan principal repayments totalling £8,873 were made during the financial year.The outstanding directors' loan principal at 31 January 2026 was £392,854.The loans carry interest at 0% per annum and are unsecured. No interest was payable during the financial year.Repayments are made from available surplus company funds, subject to the company's liquidity requirements and agreed repayment terms.The company also recognised £801 of insurance and maintenance expenses paid personally by the directors, together with a provisional £576 working-from-home reimbursement, giving total amounts potentially owed to directors of £394,231.No dividends were declared or paid during the financial year. |