final confirmation before submitting

[skomati]

hi, i am going to submit my tier1 general next wednesday..
i am operating through own limited company...i am the sale shareholder and sole director
i never took salary from my limited company..all the earnings are dividends... so the documents what i am submitting are...
1.personal bank statement
2.dividend vouchers signed by company secretary
3. unaudited business accounts..(p/l , balance sheet) ..on a4 sheet signed by director...
4. accountants letter just confirming my dividends from my company
5. business bank statement..
6. certificate of incorporation

Question1: do i need a letter from my accountant confirm the figs like net profit , sales, tax etc, from unaudited business account? (since i took the earnings in the form of dividends and claiming points for dividends only, so i took the accountant letter to confirm dividend earnings )

Question2:while signing the balance sheet by director , there must be statement saying accounts prepared according to companies act 1985... but yesterday i got my unaudited accounts from accountant..they are prepared according to new companies act 2006 which replaces 1985 act..
so which statement to include?


please advise me...

[adoshi15]

Hi Skomati,

I remember having exchanged communication on another website with you.

My case was similar to yours. I applied on the 19th Nov 2009 and got my visa approved on 14-Dec-2009. I submitted my documents for my earnings as a director of my own company. I applied as employed.

1) Unaudited business accounts on company letterhead signed by me as the director. I mentioned the following disclosure - " The accounting reference date of the company is --/--/----. Statutory accounts would be prepared on the accounting reference date and tereafter annually."

2) Accountants Letter confirming the gross dividend / tax credit / net dividend and dates of receipt of each dividend.

3) I made a separate section containing documents pertaining to the company i.e.
a) Profit & Loss A/c + Balance Sheet on company letter head duly signed by the director with the disclosure mentioned above.
b) Invoice Summary with invoice dates / invoice numbers / client name / invoice amount / date of receipt of payments / mode of payment i.e. online or cheque
c) Copies of all the invoices
d) Business Bank a/c statements
e) Certificate of Incorporation / Memorandum & Articles of Association.

Let me know if you have any further questions.

[skomati]

hi, adoshi, congrats and thank you very much for ur reply,.. i remember you on other forum with mr dean,
i have few questions:
1. u siad u applied under emploed. so Did you ever took salary from your own company?
2. i did not took any salary, all the earnings are dividends... so can i apply under employed?

[adoshi15]

Hi Skomati,

Thanks for the wishes.

I applied as employed as
a) I am working full time with a bank
b) I am a director of my own company and my entire remuneration has been in the form of dividends.

I also ensured that all document requirements for self employed were also met by making a section in my application named as additional supporting documents and included all documents relating to the company in it.

In making my application I based it upon the advice of another member of this forum with the username myegin. You can search for his profile and all his posts on this forum; i found them really helpful and useful; I hope you will too.

Please feel free to ask any other questions you may have.

[skomati]

hi, adoshi15, thanks for ur reply..
so as a director u received the dividends by renumaration not by share holding?
can u please post the accountants letter by removing the names please....
thank you..

[skomati]

hi, adoshi15,
i sent a pm..
thank you,
skomati