directors loans
1 director/shareholder
1 shareholder
Each hold £50 ordinary shares. They hadnt paid for them during the accounting period.
Rather than show unpaid share capital I have
dr dir loan
cr share capital
Im happy with all the RP disclosure etc
However: its only £50 each. It will be repaid before the tax is due.
I dont need to do anything else do I?


Yes - you do