Dear Members,
I have some confusion in point 136 mentioned in guidance on page 46. State that
[ Please note: If you are relying on funds invested in a business, any money you have already 'spent' for business purpose must be shown as investment in your financial accounts]
In above point, it is not clear the word 'spent' and what Home Office is looking for. I have invested via DL so when the account prepare the accounts it will mentions Turnover , expenses and other related things in connection with accounts. But I am confused the word 'spent' specifically be mentioned in term of investment.
Can all senior members please clear the confusion.
Thank you in advance.
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