I have a client with a small investment property company. This company owes another company a large sum (material). Both companies are owned and controlled by a single director. We are preparing accounts under FRs102(1a). Am I correct on that related party disclosure is required? They are not group companies. Do I need to make mention of the name of the entity from which the sum is borrowed? Also, its a typical interest free, repayable on demand job. Do I need to discount the loan as well? Any thoughts would be much appreciated.