I own a flat in a converted house. Some years ago 4 of the 5 flat owners formed a company (limited by Guarantee) to purchase the freehold of the property. The basic TB is an asset and 4 loan accounts.
Last year the final flat was sold and the new owner wants to (a) extend the lease and (b) become a member of the company. Having researched the matter a bit the expected income from extending the lease exceeds the value of the asset in the TB, even before we ask the new owner to "buy" into the company. My target is, if at all possible, to disperse the two inflow (lease an company buy-in) to the existing members but I'm really not sure how to account for this.