| The company had a loan account with a director. As of 1 April 2022, this director owed the company £99,437. The company provided further loan advances of £115,219 and the director repaid £162,148 to the company. The company charged the director interest of £3,117 using HMRC's official rate of interest for beneficial loan arrangements. As of 31 March 2023, the director owed the company £52,508.
The company had a loan account with another director. As of 1 April 2022, this director was owed by the company £16,969. The company provided further loan advances of £27,000 and the director repaid £20,000 to the company. No interest was charged on this loan. As of 31 March 2023, the director was owed £9,969.
The company had a loan account with another director. As of 1 April 2022, this director was owed by the company £16,969. The company provided further loan advances of £27,000 and the director repaid £20,000 to the company. No interest was charged on this loan. As of 31 March 2023, the director was owed £9,969.
Frederick Potts & Son limited has a loan account with Annedersky Properties Limited, a company in which the directors have a beneficial interest. During the year the company continued to lend funds interest free to Annedersky Properties Limited. At the balance sheet date the company was owed £1,274,346 (2022- £1,355,678) by Annedersky Properties Limited |