Annual Return - Advice Needed!!

[JDT]

1. I have been trying to fill my first annual return and I got stuck on the following:
Currency GBP - Pound Sterling
Class of share - Ordinary
Number of shares - 100
Amount paid up on each share ??
Amount unpaid on each share ??
Aggregate nominal value????

I am not to sure what to put on ,,Amount paid up on each share-??,,and

,,Amount unpaid on each share,,-??

The Company’s share capital is £1000.00 divided into 100 shares of £10.00 each.
Does it mean taht amount paid up on each share is £ 10???


Thank you

 

[elaine@cheapaccounting]

How many shares were taken when you set up the company - this info can be found in your Memo and Articles of Assoc created on formation

Then did you pay for the shares when you set up the company?

 

[JDT]

The certificate says that I am a Proprietor of
50 ordinary shares of £10,each fully has been paid
There was one more director who pulled out from the company juat after few months of company set up. The H of companies has been notefied about that by my ex-accountant.

The Company's share capital is £1000,00 divided into 100 Ordinary shares of £10,00 each.
At the begining we had taken 50 shares each
The total number of shares allocated to the subscribers is 100.
what happend with his 50 shares when he pulled out?
And eventually what should I put in this boxes.

Thank you for your help

Regards
Jerry

 

[elaine@cheapaccounting]

What happened to the shares - Did you transfer the shares / sell back to the company - you tell us!!

Sorry to be blunt but this is part of managing the limited company and who owns the shares is pretty important as they would be entitled to dividends.

I suggest you get your current and / or previous accountant to look at this asap to ensure that the share holding is correct.

This wil then give you the figures for the form which you will not know until this has been resolved and you find out what happened to the shares.

 

[DickM]

You may get some information by going to your Co House record on the web, starting with this screen:
http://wck2.companieshouse.gov.uk/a19bcfe281eada16ace2c258a2ce5bce/wcframe?name=accessCompanyInfo

then input your Co's Name or Co Number.

next, lick on:

Order information on this company

This will take you to a page: your Company Filing History

this may give you some clues to what's gone on regarding share allocation, etc. If you need more info for any changes listed it will cost you a £1 per document .......... not exactly a bank breaker!

Good luck

 

[elaine@cheapaccounting]

Yes but if you transfer shares the stock transfer form does not get lodged at Co House. The transfer is done and then recorded on the next annual return - that is the issue.

Have the shares been transferred to this guy? It will not show on the company record but should be in the company secretary file.

 

[Tej]

Have always advocated... get an accountant...

The DIY route for most people is a minefield. You lose more money than it would cost to pay an accountant

Money saved... no stress.. happy days!