**Charity registration number 1203348 (England and Wales)** ## **THE HIDDEN 20%** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **THE HIDDEN 20%** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Mr BJ Branson Mrs S Branson Ms S Ridley (Appointed 13 May 2025) (Resigned 13 May 2025) **Charity number (England and Wales)** 1203348 **Independent examiner** Evans & Partners 9 Bank Road Kingswood Bristol BS15 8LS ## **THE HIDDEN 20%** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Statement of Trustees' responsibilities|4| |Independent examiner's report|5| |Statement of financial activities|6| |Balance sheet|7| |Notes to the financial statements|8 - 15| ## **THE HIDDEN 20%** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The Trustees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ## **Objectives and activities** To advance education in the subject of neurodiversity and neurodivergent conditions including ADHD, autism, dyscalculia, dyslexia, dyspraxia and Tourette's. By: - Producing and sharing a podcast which facilitates discussions on neurodiverse conditions with experts in the field - Developing a free-to-access website with links to high quality information and online resources. During the year 1st January 2024 to 31st December 2024 the trustees carried out activities geared towards a 17th January 2024 public launch of our charity, PRISM ND and its podcast, The Hidden 20%. A summary of those activities is: - Researching and securing reputable podcast guests to share their story and/or expertise - Publishing a free weekly podcast and social media content. - Community outreach and talks for schools and businesses - Public launch of the charity and podcast with an exclusive interview with The Times - National Advertising Awareness Campaign for Neurodiversity Celebration Week 2024 in partnership with ClearChannel ## _Public benefit_ The trustees are aware of the Charity Commission’s guidance on Charity and Public Benefit and confirm that they have complied with the duty of Section 17 of the Charities Act 2011 to have due regard for it. The trustees consider that the information contained within the Trustees' Report about the Charity's aims, activities and achievements demonstrates the benefit to the public. - 1 - ## **THE HIDDEN 20%** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **Achievements and performance** ## _Significant activities and achievements against objectives_ The response to the charity’s work has been very encouraging and the team has achieved a lot in its first year for the benefit of our audience. ## Achievements include: - The Hidden 20% brand, website, podcast channels launched - Exclusive interview secured with The Times about the charity and the launch of The Hidden 20% - Recording and publishing over 50x podcast episodes with a diverse array of guests including experts, lived experience stories and entrepreneurs. - Built a community of over 200k people across all channels. - Created a national billboard campaign for Neurodiversity Celebration Week 2024 in partnership with ClearChannel - Won Best Interview at the British Podcast Awards - Won Silver for Best New Podcast at the British Podcast Awards - Created free digital education content weekly across digital channels. - Gave 15x talks about Neurodiversity for businesses and schools and media including Neurodiversity Celebration Week, Virgin Radio, BBC Radio 4. - Created merchandise for the charity [badges and bags] for increased awareness and visibility and donations. - Got to Number 1 on the Apple Mental Health Charts - Employed a neurodivergent team with both expertise and lived experience - Referred more than 50x people assessments. “Thanks for the podcast it changed my life” Zeke, Listener ## **Financial review** Incoming resources for the Charity were £177,469 (2023: £100,200) and expenditure was £188,152 (2023: £69,530). The reserves held at the period end were £19,987 (2023: £30,670), these were all unrestricted. ## _Reserves policy_ The trustees are minded to establish a level of unrestricted funds equivalent to three months of core administration expenditure calculated to be in the region of £30,000. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the current activities while consideration is given to ways in which additional funds may be raised. ## _Principal funding sources_ Funding came from Ben Branson’s DAF [our chair and trustee’s], public donations via JustGiving and merchandise sales, podcast sponsorship and corporate speaking fees. - 2 - ## **THE HIDDEN 20%** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **Structure, governance and management** The Hidden 20%– ‘The Charity’ - (formerly PrismND) is a registered charity and is governed by its constitution and the Charities Act 2011. Its charity number is 1203348. It was registered as a Charity on 1 June 2023. The Trustees who served during the year and up to the date of signature of the financial statements were: Miss S Ridley (Resigned 13 May 2025) Mr BJ Branson Mrs S Branson (Appointed 13 May 2025) ## _Recruitment and appointment of trustees_ In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. None of the Trustees have any beneficial interest in the charity. The Trustees' report was approved by the Board of Trustees. Mr BJ Branson ## **Trustee** 17 December 2025 - 3 - ## **THE HIDDEN 20%** ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. - 4 - ## **THE HIDDEN 20%** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE HIDDEN 20%** I report to the Trustees on my examination of the financial statements of The Hidden 20% (the Charity) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. - I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the Charity as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## **Oliver Evans FCA Evans & Partners** 9 Bank Road Kingswood Bristol BS15 8LS Dated: 17 December 2025 - 5 - ## **THE HIDDEN 20%** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| ||||**(7mth period)**| ||**Notes**|**£**|**£**| |**Income from:**|||| |Donations and legacies|**3**|175,160|100,200| |Charitable activities|**4**|2,309|-| |**Total income**||177,469|100,200| |**Expenditure on:**|||| |Raising funds|**5**|2,400|-| |Charitable activities|**6**|185,752|69,530| |**Total expenditure**||188,152|69,530| |**Net income/(expenditure) and movement in funds**||(10,683)|30,670| |**Reconciliation of funds:**|||| |Fund balances at 1 January 2024||30,670|-| |**Fund balances at 31 December 2024**||19,987|30,670| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 6 - ## **THE HIDDEN 20%** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2024**_ |**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**13**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
**Net current assets**
**Total assets less current liabilities**
**The funds of the Charity**
Unrestricted funds
**16**|**2024**
**£**
3,371
21,300
24,671
(7,749)|**2023**
**£**
**£**
3,065
-
82,929
82,929
(54,845)
16,922
19,987
19,987
19,987|**£**
2,586
28,084| |---|---|---|---| ||||30,670| ||||30,670| ||||30,670| The financial statements were approved by the Trustees on 17 December 2025 Mr BJ Branson **Trustee** - 7 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## **Charity information** The Hidden 20% is a charity registered in England and Wales. The registered office is 7 Bell Yard, London, WC2A 2JR. ## 1.1 **Reporting period** The accounting period has been shortened to 31 December, to align with the calendar year. As a result, the period in the accounts is shorter than one year. ## **1.2 Accounting convention** The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements cover the individual charity. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.3 Going concern** At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.4 Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity. ## **1.5 Income** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. - 8 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** **(Continued)** Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.6 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.7 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 25% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.8 Impairment of fixed assets** At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.10 Financial instruments** The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 9 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** **(Continued)** ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 10 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **3 Income from donations and legacies** |||**Unrestricted**|**Restricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| ||||**(7mth period)**| |||**£**|**£**| ||Donations and gifts|25,000|-| ||Grants receivable|150,160|100,200| |||175,160|100,200| |**4**|**Income from charitable activities**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| ||||**(7mth period)**| |||**£**|**£**| ||Services provided|2,309|-| |**5**|**Expenditure on raising funds**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| ||||**(7mth period)**| |||**£**|**£**| ||**Fundraising and publicity**||| ||Other fundraising costs|2,400|-| - 11 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **6 Expenditure on charitable activities** |||**Unrestricted**||**Unrestricted**| |---|---|---|---|---| |||**funds**||**funds**| |||**2024**||**2023**| |||||**(7mth period)**| |||**£**||**£**| ||**Direct costs**|||| ||Staff costs|94,115||38,548| ||Depreciation and impairment|871||369| ||Consulting|27,237||20,928| ||Computer running costs|4,395||3,889| ||Advertising|21,976||1,633| ||Rent|1,104||212| ||Repairs|1,726||1,332| ||Travel|1,696||32| ||Entertainment|1,109||-| ||Printing & stationery|814||-| ||Legal & professional|26,032||61| ||Accountancy|4,347||2,520| ||Bank charges|37||6| ||Insurance|225||-| ||Interest on late payments|68||-| |||185,752||69,530| ||**Analysis by fund**|||| ||Unrestricted funds|185,752||69,530| |**7**|**Net movement in funds**|**2024**||**2023**| |||||**(7mth period)**| ||||**£**|**£**| ||The net movement in funds is stated after charging/(crediting):|||| ||Fees payable for the independent examination of the charity's financial|||| ||statements|1,320||1,320| ||Depreciation of owned tangible fixed assets||871|369| |**8**|**Independent examiner's remuneration**|||| ||**Fees payable to the Charity's independent examiner and associates:**|**2024**||**2023**| ||||**£**|**£**| ||Independent examination of the Charity's annual accounts|1,320||1,320| ||**Non-independent examination services**|||| ||Preparation of the Charity's annual accounts|1,200||1,200| - 12 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **9 Trustees** No Trustees have been reimbursed for expenses incurred either during the current or prior year. Sarah Ridley, one of the Trustees, received total remuneration during the period of £12,000 administration and bookkeeping services (2023: £6,000). She was also reimbursed a total of £157 in expenses (2023: £351). ## **10 Employees** The average monthly number of employees during the year was: ||**2024**|**2023**| |---|---|---| ||**Number**|**Number**| ||3|2| |**Employment costs**|**2024**|**2023**| ||**£**|**£**| |Wages and salaries|89,680|38,026| |Social security costs|2,184|-| |Other pension costs|2,251|522| ||94,115|38,548| There were no employees whose annual remuneration was more than £60,000. ## **11 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 13 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **12 Tangible fixed assets** |**Cost**
At 1 January 2024
Additions
At 31 December 2024
**Depreciation and impairment**
At 1 January 2024
Depreciation charged in the year
At 31 December 2024
**Carrying amount**
At 31 December 2024
At 31 December 2023
**13**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**14**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
**15**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**Fixtures and**
**fittings**
**£**
2,955
1,350
4,305
369
871
1,240
3,065
2,586
**2024**
**2023**
**£**
**£**
3,371
-
**2024**
**2023**
**£**
**£**
5,286
7,722
150
-
467
44,603
1,846
2,520
7,749
54,845
**2024**
**2023**
**£**
**£**
2,251
522|**Fixtures and**
**fittings**
**£**
2,955
1,350
4,305
369
871
1,240
3,065
2,586
**2024**
**2023**
**£**
**£**
3,371
-
**2024**
**2023**
**£**
**£**
5,286
7,722
150
-
467
44,603
1,846
2,520
7,749
54,845
**2024**
**2023**
**£**
**£**
2,251
522| |---|---|---| |||4,305| |||369
871| |||1,240| |||3,065| |||2,586| |||**2023**
**£**
-| |||**2023**
**£**
7,722
-
44,603
2,520| |||54,845| |||**2023**
**£**
522| The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund. - 14 - ## **THE HIDDEN 20%** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **16 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |**At 1**
General funds
**Previous period:**
**At 1**
General funds|**January**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 31**
**December**
**2024**
**£**
**£**
**£**
**£**
30,670
177,469
(188,152)
19,987
**January**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31**
**December**
**2023**
**£**
**£**
**£**
**£**
-
100,200
(69,530)
30,670| |---|---| ## **17 Related party transactions** During the year, Pollen Six Ltd, a company controlled by one of the Trustees, loaned the charity £21,199. £68,746 was repaid in the year. At the year end, £3,371 was owed from the related company (2023: £44,176 owed to related company). The amount is included within other debtors. The loan is interest free, unsecured and repayable on demand. - 15 -