Share capital not paid - debtor?

[Tevh]

Sorry if this sounds dumb, but here goes....

I have just 1 share in my business priced at £1 which I have not officially purchased (I haven't paid the money into my business account) I'd like to know if this would be classed as a debtor on my abbreviated annual accounts to Companies House? Thanks folks.

[ASB]

Yes

[dude69]

yes.


This is on your balance sheet

Called Up Share Capital Not Paid £1
Other Assets £1,000
Work In Progress £2,000
Cash In Bank £20,000

Creditors with repayment due within one year ( tax etc.) £5,000

Total assets less current liabilities £18,001

Then your Capital:

Called Up Share Capital £1
Retained Earnings £17,750
Shareholder's Equity £17,751

Longterm Liabilities
Director's Loan Account £250
Long-term Liabilities and Shareholders' Equity £18,001


So the share capital balances out the debt.

So that £1 share issued didn't create any money from thin air.....