Transactions with Directors
Ndidi Edi-Osagie is the adult daughter of the two directors, Dr Edmond Edi-Osagie & Mrs Ngozi Edi-Osagie, and was employed as an administrative assistant on a salary of £Nil (2020 £3,300).
The directors report that wages were in accordance with open market rates.
Associated Companies
ProFertil (UK) Limited is an associated company under the control of the two directors. Dr Edmond Edi-Osagie holds 520 £1 Ordinary Shares representing 72.22% of the issued share capital and Mrs Ngozi Edi-Osagie owns 200 £1 Ordinary Shares representing 27.78% of the issued capital, there being a total of 720 £1 Ordinary Shares in issue.
Dr Edmond Edi-Osagie & Mrs Ngozi Edi-Osagie are both directors of ProFertil (UK) Limited.
Charges totalling £73,000 (2020 £72,000) were made in the year by ProFertil (UK) Limited for surgical support and assistance and are included in direct costs. The directors report that charges are set in accordance with open market rates.
Transactions in the year with ProFertil (UK) Limited were as follows:
- Balance due from ProFertil (UK) Limited b/f - £Nil (2020 £63,511)
- Monies paid to ProFertil (UK) Limited - £73,000 (2020 £8,489)
- Charges for medical services - £73,000 (2020 £72,000)
- Balance due from ProFertil (UK) Limited c/f - £Nil (2020 £Nil)