Financial Rquirement - Income sources

[limey10]

Hi All.

I was hoping to meet the financial requirement through the sale of a property overseas. However, things are taking so long to complete, I am considering alternative options.

Looking at the July 2014 requirements, I just want to confirm that I'm reading them right.

My personal circumstances:
Pension income (gross) = GBP657 per month
Rental income from second residence overseas = GBP550 per month

Self employed income as a sole-trader. Because I am gradually moving my business from overseas, my accounts will show a small amount in pounds (GBP2,400), which will be accounted for at the end of January with HMRC.

I also have my overseas income (which should more than make up for any remaining shortfall), which comes from an online business that is not officially registered anywhere (i.e., I currently pay no tax on it).

I can show statements and a detailed breakdown for all monies earned for the entire year.

So my questions are:
1) Is one year self employed accounts sufficient.
2) For my overseas income, can I simply submit my home produced accounts and online bank statements?

Thanks in advance for all replies received, Phil