What is Statement of Capital?
The statement of capital is a summary of a limited company’s issued share capital such as:
- The total number of shares of the company
- The aggregate nominal value of the shares
If the company has more than one class of shares, the details of each class of share must be provided in the following manner:
- Prescribed particulars of the rights attached to the shares
- Total number of share for each class of share
- Aggregate nominal value of for each class of share
- The amount paid up and unpaid on each class of share
The statement of capital is to be completed when incorporating your company. If there is any share allotment during the year, this allotment must be registered with Companies House.
The statement of capital is also to be completed as part of the annual return filing.
In addition to completing the statement of capital, relevant Companies House forms must be submitted to Companies House notifying any changes to your company's share capital. These forms are listed below:
||Allotment of shares
||Notice of consolidation, sub division of shares or re-conversion of stock into shares or redemption of redeemable shares
||Subsequent cancellation of shares held in treasury by a plc
||Cancellation of re-purchased shares or (for Plc), immediate cancellation of shares re-purchased into treasury.
||Cancellation of shares held by or for a plc in accordance with Section 662 of the Companies Act 2006.
||Redenomination of shares
||Reduction of capital as a result of redenomination
Our accountants are more than happy to help you if you require any help in forming your company or filing your annual return or completing your statement of capital. Feel free to contact us.
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