As at 30 June 2023, the loan outstanding from Little Voices Nurseries Ltd, the immediate parent company of Forbes BP Ltd, was £343,423 (2022: £334,698). PCAB Duriez is a common director with Little Voices Nurseries Ltd. The loan has no fixed repayment date and no interest was charged during the period.
As at 30 June 2023, the loan outstanding from Forbes CN Holdings Limited, the ultimate parent company of Forbes BP Ltd was £1,586,254 (2022: £1,157,353). PCAB Duriez is a common director with Forbes CN Holdings Limited. The loan has no fixed repayment date and no interest was charged during the period. During the year, the company paid £20,000 (2021: £20,000) Management Charges to Forbes CN Holdings Limited.
During the year, the company paid rent of £85,000 (2022: £85,000) to Forbes BP Pty Ltd, a 100% owned subsidiary of Little Voices Nurseries Ltd. PCAB Duriez is a common director with Forbes BP Pty Ltd. The amount due to Forbes BP Pty Ltd as at 30 June 2023 was £774,460 (2022: £698,168).
As at 30 June 2023, there is an amount of £50,140 (2022: £Nil) due to Forbes GR Ltd. Forbes GR Ltd is a related party by virtue of common ownership. PCAB Duriez is a director of Forbes GR Ltd.
As at 30 June 2023, there is an amount of £50,000 (2022: £Nil) due to Forbes CP Ltd. Forbes CP Ltd is a related party by virtue of common ownership. PCAB Duriez is a director of Forbes CP Ltd.