During the year, Mr N Anderson, director, was advanced £33,145 (2016 £14,179), and repaid £32,703 (2016 £12,836).
The maximum balance outstanding during the year was £34,488 (2016 £14,179). At the year end, £1,785 was owed by the director (2016 £1,343).
The loan is interest free, unsecured and repayable on demand.
Bastion Networks Limited is a private company limited by shares incorporated in Scotland. The registered office is 2 Strawhill Road, Clarkston, Glasgow, G76 8ET.
The director of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
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