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B1 + Accounts first time

  • 03-07-2017 05:06PM
    #1
    Registered Users, Registered Users 2 Posts: 15


    Hi Folks,

    I have just two simple questions.

    1. Company incorporated in 2016, 100 shares issued to director and paid by him

    So when I am asked about movement of share capital on accounts does it mean I need to include how many for how much shares were issued to director? Or the movement apply to others or something else?

    2. My financial year starts on 8 of May 2016 and ends on 7 of May 2017.

    So when making balance sheet what format is accepted:
    - two columns with years 2017 | 2016 (current | previous)
    - or one column 2016/2017 (current financial year)


    Thanks.


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