Investment: transfer of money between two companies

[ekbe01]

Tier 1 E (50K) switched from Tier 1 GE last year.
I claimed 50K on my personal account as money available to make an investment.
I've invested 20K (DL) into Company A (30K remain available on my account) and now decided to focus more on Company B. I would like to return 15K from Company A to my personal account and then invest the money into Company B. I'm a director of both companies.
30K will remain on my personal account, 5K will be invested in company A and 15K invested in company B (both director's loans).
Is everything okay there or I'm missing something? Just don't want to mess up with the requirements at this stage.
Thank you!

[zimba]

There are no restrictions

[marcnath]

As Zimba said, there are no restrictions.

But it will be good to think ahead about what evidence you need to submit in the future.

So, if you transfer the money directly from Company A account to Company B account, make sure that the message had your name in it, so the statement will show that is money being deposited on your behalf.

Alternatively and safer, transfer from Company A to your personal account and from there to Company B

[ekbe01]

Thanks for your comments.
Yes, I was going to transfer the money back to my personal account and then invest them into Company B.

My understanding is that I'll have to provide the following to claim investment - wd you please have a look?
- Directors loan agreement with Company A (20K, NOT just the remaining 5K, otherwise I will have a "gap" - will not be able to prove that money were available to me)
- Explain the return of money
- Directors loan agreement with Company B
- Both companies account statements (where the transfers are readily identifiable)
- Both companies accounts

[marcnath]

Thanks for your comments.
Yes, I was going to transfer the money back to my personal account and then invest them into Company B.

My understanding is that I'll have to provide the following to claim investment - wd you please have a look?
- Directors loan agreement with Company A (20K, NOT just the remaining 5K, otherwise I will have a "gap" - will not be able to prove that money were available to me)
- Explain the return of money
- Directors loan agreement with Company B
- Both companies account statements (where the transfers are readily identifiable)
- Both companies accounts

That all looks good.
There is no requirement to submit evidence that the money was available to you throughout. You only need to have it, if asked. But no harm in providing it.

[ekbe01]

thank you, much appreciated!