Included within Other Debtors are loans due from Companies related by mutual control and ownership by a key member of the board, These amounts are as follows:
Margate High Street Ltd - Amount Outstanding 2023 - £121 (2022 - £121), highest amount outstanding during year 2022 - £121 (2021 - £121) This loan is interest free and repayable on demand.
DSG Property Management Ltd - Amount Outstanding 2023 - £466,612 (2022 - £300,612), highest amount outstanding during 2023 - £476,612 (2022 - £300,612). This loan is has no set repayment terms as is a related party loan, no interest is charged on this loan.
DSG Property Freehold Ltd - Amount Outstanding 2023 - £174,080 (2022 - £174,080), highest amount outstanding during 2023 - £174,080 (2022 - £174,080). This loan is repayable within five year and interest is is interest free.
RESHAN BROOKLYN LTD - Amount outstanding 2023- £7,500 (2022 - £7,500). The highest amount outstanding during the year is 2023 - £7,500 (2022 - £7,500). This loan is interest free and no repayment terms have been set.
Included within the Creditors are the following loans due to Companies related by mutual control and ownership by a key member of the board, These amounts are as follows:
Westbrook Esplanade Investments Ltd - Amount Outstanding 2023 - £322 (2022 - £9,818), highest amount outstanding during year 2023 - £9,818 (2022 - £9,818) This loan is interest free and repayable within 2 to 5 years.