Hello All...
I am not sure why every one is running after director loan ...?
as per guide line
(
https://www.gov.uk/government/uploads/s ... 3_2015.pdf)
Page 33
We have 3 options
Evidence to show how much has been invested
114.
You must provide all the appropriate specified documents needed to establish the amount you have already invested from the following list.
i.Audited accounts :Registered companies that are required to produce audited accounts must do so.
For information on who needs to produce these accounts please refer to the Companies House website on
http://www.companieshouse.gov.uk/about/ ... gba3.shtml
ii.
Unaudited accounts and an accountant’s certificate of confirmation
Businesses that are not required to produce audited accounts must provide unaudited accounts, sometimes called management accounts, together with an accounts
compilation report from a suitably regulated accountant (see below).
Audited or unaudited accounts must be prepared and signed off in accord ance with statutory requirements and must clearly show the investment in money made directly
by you, in your own name, or on your behalf and showing your name.
You should indicate where this is shown on your evidence. If you have invested by way of share capital the business accounts must show the shareholders, the amount
and value of the shares (on the date of purchase) in your name as it appears on your application. If the value of your share capital is not shown in the accounts,
then share certificates should be submitted in addition to the accounts as documentary evidence. The accounts should clearly show the name of the accountant and the
date the accountswere produced.
The accountant must be a member of a recognised UK supervisory body (see glossary); if not, we will not accept this evidence.
The accounts must show how much you have invested in the business
iii.
Director’s loan
I am sure if some one running a company with such big invesment surely taking advice from good register accountant.
In that case option 1 or 2 are easy, I guess.
