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set up limited company

  • 58 posts
  • # 77545

the company i work for have set up a new limited company with x amount of capital with a share capital split between two owners/directors. However not all the capital has been put into the bank account yet so the share certificates do not equal the amount shown as fully paid up in the company memoranda. How can i change this to reflect the correct amount actually put into the bank account.


Can anyone help.  

  • 60 posts
  • # 77556

The balance of the share capital money should be shown as a loan account in the Directors names.

The amoiunt should reflect the amount that has not been paid into the bank for each of their individual holdings.

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