During the period Ms J Robertson (the sole director of the company) and Mr M Bu-Malik (the sole shareholder of the company) maintained a loan account with the company. At 31 March 2017 £24,627 was owed to the company (2016: £18,956), the loan has no set repayment date and is repayable on demand. Interest of £644 was charged on the loan balance during the year (2016: £nil).
During the period the company maintained a loan account with Austin Macauley Publishers Limited, a company in which Mr M Bu-Malik has a controlling interest. At 31 March 2017 the company owed Austin Macauley Publsihers Limited £306,127 (2016: £209,599), the loan is interest free, has no set repayment date and is repayable on demand.
During the year the company was provided serivces of £5,175 (2016: £6,950) from Viral Webbs, company in which Mr M Bu-Malik's father has a controlling interest. At 31 March 2017 £nil remained payable to Viral Webbs (2016: £nil).