Hi,
Im new to the forum, and quite new to contracting. Currently contracting via Ltd company and I am trying to follow the straight and narrow. I am a 1 man band with company secretary (Girlfriend). There is £100 capital in company, and shares split 70/30, i.e. I own 70 x £1 ordinary shares and my GF 30 x £1 ordinary shares. I understand it is a legal requirement to keep a company record at the company registered office. I have a question regarding the share ledger. I have stated the type of share, but what goes next to current holdings and denomination. is this the number of shares and share value, i.e current holdings........30 Denomination.............£1 for my girlfriend and respectively for myself?
Any help is much appreciated :-)
Im new to the forum, and quite new to contracting. Currently contracting via Ltd company and I am trying to follow the straight and narrow. I am a 1 man band with company secretary (Girlfriend). There is £100 capital in company, and shares split 70/30, i.e. I own 70 x £1 ordinary shares and my GF 30 x £1 ordinary shares. I understand it is a legal requirement to keep a company record at the company registered office. I have a question regarding the share ledger. I have stated the type of share, but what goes next to current holdings and denomination. is this the number of shares and share value, i.e current holdings........30 Denomination.............£1 for my girlfriend and respectively for myself?
Any help is much appreciated :-)
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