12.
Related Party Transactions
Pivot International IncPivot International Inc own 78% of the issued share capital in A2E LimitedDuring the year ended 31 December 2022, £215,836 (2021 -£56,227) was invoiced to Pivot International Inc. A2E Limited purchased goods from Pivot International Inc during the year totalling £636 (2021 - nil). Included within the Amounts Due from Related Parties at 31 December 2022, £141,027 (2021- £31,430) relates to amounts due from Pivot International Inc. Included within the Amounts Due to Related Parties at 31 December 2022, £9,742 (2021 - £7,961) relates to amounts due to Pivot International Inc.
Pivot International Inc
Pivot International Inc own 78% of the issued share capital in A2E Limited
During the year ended 31 December 2022, £215,836 (2021 -£56,227) was invoiced to Pivot International Inc. A2E Limited purchased goods from Pivot International Inc during the year totalling £636 (2021 - nil). Included within the Amounts Due from Related Parties at 31 December 2022, £141,027 (2021- £31,430) relates to amounts due from Pivot International Inc. Included within the Amounts Due to Related Parties at 31 December 2022, £9,742 (2021 - £7,961) relates to amounts due to Pivot International Inc.
Pivot Taiwan LimitedMark Dohnalek is a Director of both A2E Limited and Pivot Taiwan Limited.During the year ended 31 December 2022, A2E Limited purchased goods from Pivot Taiwan Limited totalling £2,978 (2021 -£63,659. Included within the Amounts Due to Related Parties at 31 December 2022, £2,471 (2021 - £55,517) relates to amounts due from Pivot Taiwan Limited.
Pivot Taiwan Limited
Mark Dohnalek is a Director of both A2E Limited and Pivot Taiwan Limited.
During the year ended 31 December 2022, A2E Limited purchased goods from Pivot Taiwan Limited totalling £2,978 (2021 -£63,659. Included within the Amounts Due to Related Parties at 31 December 2022, £2,471 (2021 - £55,517) relates to amounts due from Pivot Taiwan Limited.
Wideblue LimitedMark Dohnalek and Robert Spaedy are Directors of both A2E Limited and Wideblue Limited.During the year ended 31 December 2022, £212,517 (2021 -£200,986) was invoiced to Wideblue Limited.
A2E Limited purchased goods from Wideblue Limited during the year totalling £241,143 (2021 - £95,830). Included within the Amounts Due from Related Parties at 31 December 2022, nil (2021 -£7,092) relates to amounts due from Wideblue Limited.
Included within the Amounts Due to Related Parties at 31 December 2022, £22,371 (2021 -£45,845) relates to amounts due to Wideblue Limited.
Wideblue Limited
Mark Dohnalek and Robert Spaedy are Directors of both A2E Limited and Wideblue Limited.
During the year ended 31 December 2022, £212,517 (2021 -£200,986) was invoiced to Wideblue Limited.
A2E Limited purchased goods from Wideblue Limited during the year totalling £241,143 (2021 - £95,830). Included within the Amounts Due from Related Parties at 31 December 2022, nil (2021 -£7,092) relates to amounts due from Wideblue Limited.
Included within the Amounts Due to Related Parties at 31 December 2022, £22,371 (2021 -£45,845) relates to amounts due to Wideblue Limited.