Recent content by DerekJohnstone

  1. DerekJohnstone

    Claiming back mileage

    Oh right, so I should only claim to 31st April (max being 10K)?
  2. DerekJohnstone

    Claiming back mileage

    Thanks for responding. Yes it's a limited Comp and the comps financial year is end of May. So no need to split? Is that correct?
  3. DerekJohnstone

    Claiming back mileage

    Hi All, Newbie question here. We are a small training company and things were pretty hectic from Jan 23 to April (which is good complaint) and moved back to face to face training thus I was travelling all over but kept forgetting to reclaim millage.. I've kept a note of all the journeys...
  4. DerekJohnstone

    Intellectual Property Advice

    Sorry we jointly owned the 'current company A' and I remain there - and she left. So the product was the ownership of company A before i agreed to move it onto company B which we are joint shareholders.
  5. DerekJohnstone

    Intellectual Property Advice

    My colleague and I developed a new training product in my current Company A before she left once it was completed. Because she was leaving I agreed to transfer the IP and the product to a new company B in which we are equal shareholders and plan to market it (seemed fair as she put a lot of work...
  6. DerekJohnstone

    Advice on signing Shareholder Agreement

    My business partner is leaving the business in pursuit of a new venture and he is about to sign the Shareholder Agreement in which he will sell his shares to me. He is unable to meet and says he will sign the document remotely - scan - and send over to our accountant. Is this legally...
  7. DerekJohnstone

    Change in partnership

    Graham, thanks for your response very helpful. Yes, OldCo will still trade and likely to 'promote' the product as it originated there and was developed there - but all sales will come through Newco which we have agreed will be 50/50. My partner is saying we should call it a similar name so...
  8. DerekJohnstone

    Change in partnership

    Is there a particular sub heading for this type of post?
  9. DerekJohnstone

    Change in partnership

    Ooops sorry Lisa, it is not. Should I ask a moderator to remove or delete and re post?
  10. DerekJohnstone

    Change in partnership

    Thanks Chris, and is it correct that set up fees and formal agreement should be funded individually by us as new co - and not from the existing business? In looking at the books, once we pay what is outstanding (pay corporation tax, existing invoices for work still to complete) I reckon I will...
  11. DerekJohnstone

    Change in partnership

    Hello forum, first post. I'm looking for advice on how to change the existing shareholding in a small part time business and enter into a new company agreement. My business partner is looking to exit our current company, agreeing to pass over their 50% shares to me, as long as I agree to move...
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