I'm still confused, how does FRS102 or micro-entity classification have any impact on the Companies ability to prepare and submit its own accounts (as long as they comply with reporting standards)?
form 42? Is a form 42 necessary as he is buying the shares from an individual. They just happen to be shares in the company he works for?
As for the valuation, this has not yet been carried out but a preliminary figure of £10,000 has been mentioned which of course would be very close to the annual exemption. Maybe the final agreed figure will be slightly over the exemption.
Elective resolution As far as I have found out myself, an elective resolution with unanimous shareholder approval would allow the directors to allot the extra shares.
IRIS I am the IT manager of a practice that uses IRIS (Time & Fees. Accounts Production, Personal Tax, Business Tax and Global Practice Management)
I would recommend this product to anyone. It is robust and the helpdesk team are great in any eventuality.
We did have one MAJOR problem with Time and Fees. One of the usernames became corrupt and everytime this user logged in the whole of the Time data became corrupt. As this user was entering timesheets and printing cost reports this was frequent and also not obvious that her log in was the cause. Took a long time to find the problem but fixed now and no problems since.
Seminar If you contact me on [email protected] I can give you the details of a seminar we are running next month which deals with your problem. David Bellamy is the guest speaker and it promises to be very good. You may get a lot out of it.
Number 8 The status bar will not always show the sum. If you right click on the status bar you can choose what it will show from the following options:- Average, Count, Count Num, Max, Min and of course Sum.
My answers
Still confused
I'm still confused, how does FRS102 or micro-entity classification have any impact on the Companies ability to prepare and submit its own accounts (as long as they comply with reporting standards)?
as in the past?
Sorry, what do you mean?
form 42?
Is a form 42 necessary as he is buying the shares from an individual. They just happen to be shares in the company he works for?
As for the valuation, this has not yet been carried out but a preliminary figure of £10,000 has been mentioned which of course would be very close to the annual exemption. Maybe the final agreed figure will be slightly over the exemption.
Elective resolution
As far as I have found out myself, an elective resolution with unanimous shareholder approval would allow the directors to allot the extra shares.
Could anyone confirm this?
purchase
The building was purchased just over 12 months ago.
Thanks
IRIS
I am the IT manager of a practice that uses IRIS (Time & Fees. Accounts Production, Personal Tax, Business Tax and Global Practice Management)
I would recommend this product to anyone. It is robust and the helpdesk team are great in any eventuality.
We did have one MAJOR problem with Time and Fees. One of the usernames became corrupt and everytime this user logged in the whole of the Time data became corrupt. As this user was entering timesheets and printing cost reports this was frequent and also not obvious that her log in was the cause. Took a long time to find the problem but fixed now and no problems since.
Seminar
If you contact me on [email protected] I can give you the details of a seminar we are running next month which deals with your problem.
David Bellamy is the guest speaker and it promises to be very good. You may get a lot out of it.
Number 8
The status bar will not always show the sum. If you right click on the status bar you can choose what it will show from the following options:- Average, Count, Count Num, Max, Min and of course Sum.
Web site URL
http://www.cii.co.uk