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  1. #41

    I live on CUK

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    Quote Originally Posted by Hobosapien View Post
    I don't think a recorded board meeting is required anymore, just an agreement between shareholders, which can be verbal or silent if as only shareholder you don't want to be seen talking to yourself.
    I have the template.

    99% of the time it says the same thing.
    "You’re just a bad memory who doesn’t know when to go away" JR

  2. #42

    More time posting than coding


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    Quote Originally Posted by SueEllen View Post
    I have the template.

    99% of the time it says the same thing.
    freeagent generates the paperwork when you declare a dividend, so no need for a separate template.

  3. #43

    Should post faster


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    Quote Originally Posted by Lance View Post
    ditto.
    Although now I have appointed Mrs. L. as a director we're going to have a board meeting this evening in an Italian restaurant
    Make sure the bill is less than £100 for P11D purposes

  4. #44

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    Quote Originally Posted by FrontEnder View Post
    freeagent generates the paperwork when you declare a dividend, so no need for a separate template.
    It's paperwork is less than ideal for multiple shareholders though - it makes it seem like a single dividend split between shareholders is actually multiple dividends based on the wording of the minutes (which it generates for each dividend payment) and the vouchers.

    What I do to make it absolutely clear that I'm declaring a single dividend is to use FreeAgent journals - create a single journal set showing the dividend entries and payment to the respective loan accounts with the appropriate splits (it still generates the dividend paperwork when you do this) - and then reconcile the bank payments as payments from the appropriate loan account.

  5. #45

    Should post faster


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    Quote Originally Posted by TheCyclingProgrammer View Post
    What I do to make it absolutely clear that I'm declaring a single dividend is to use FreeAgent journals - create a single journal set showing the dividend entries and payment to the respective loan accounts with the appropriate splits (it still generates the dividend paperwork when you do this) - and then reconcile the bank payments as payments from the appropriate loan account.
    I'm now doing the same for record keeping purposes (not least because I paid a divi on 31st March after generating my first invoice but before the company being paid)

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