Returning Shares to the Company

[gsp1969]

I formed my company a couple of years ago through an online formation company. When it came to the distribution of shares I made a bit of a mistake. I authorised 1000 shares at £1 each and then issued them equally, 500 to myself and 500 to the company secretary. I should've only issued 2 of the 1000 (1 each at £1 each). Is there any easy way that I can return a large proportion of the shares back to the company so they are available at a later date, reducing my current investment level? My company is currently dormant and not trading.
Thanks

[ComputerForensicsOnline]

HEllo,


Id like to know about this as well, so come on you chaps in the know !

[Kent Accountant]

and that is why the accountants on here always suggest using an accountant to set up a company with advice rather than doing it online :)

[gsp1969]

Thanks for the advice, Kent Accountant. Most helpful. We all make mistakes and with hindsight and a little more knowledge I would have done it different. Sometimes the online facilties make it far too simple and it means that you don't do all the investigation that is needed. That is the position I'm in and it is my mistake, but, I'm asking if there a way of sorting it out.