I have a client who is currently self employed as a joiner, he has changed his trade slightly by producing a new type of Drum (Music Industry) But he has sold a drum before actually incorporating! I have contacted Companies House to see if it is ok to put through the company and have been advised that it is not as it wasn't registered in time! but there are quite a few set up costs that can be put through the limited company. The concern I have is that there are two people going into the company, therefore the net profit would be split etc, partner 2 has injected quite a bit of cash into the set up of the new business, which would be ofset against the sales!
Can any one advise on the best way to do this please