annual account and director loan confusions

[yhm75]

i am confuse about insvesment ? how its appers and where its shows in annual accounts
i read many topic on forum about invesments like this

I am preparing my annual accounts, and I want to ask some questions to prepare the accounts according to HO requirements. The contents of the abbreviated au-audited accounts are:
1-Cover page
2-Company information
3-Chartered certified accountant’s report
4-Director’s report
5-Profit and Loss accounts
6-Gain and Losses
7-Abbreviated Balance sheet.
8-Notes to the abbreviated accounts.

where is investment is showing?
where in accounts director loan is showing ?

zimba wrote for director loan

by zimba88 » Tue May 10, 2016 11:28 am
It should show up in the notes in the accounts, something like
Unsecured Director's Loan from Mr XYZ 200,000

it will in notes where
creditors amount's falling with one year

but i saw in balance sheet as well is written down

creditors amount's falling with one year

can we show
Unsecured Director's Loan from Mr XYZ

in that place as well

or only investment is showing in balance sheet like(investment £50,000)
or investment is showing as well where current assets heading like investment £50,000


2nd

accountant report is = accounts compilation report

3rd

director loan agreement guidance

what is actual meaning of (the term of the loan ) which type of terms

this is my ist year tier 1 entrepreneur account i want to be right i read guidance as well and topics as well
still little bit confuse
I invested in business some amount ist year business in loss I will invest next accounting period reaming I want every thing will be according to guidance
please help

[zimba]

1) Investment shows up as I said in the accounts notes section under creditors. Not in the balance sheet or anywhere else !
2) Yes
3) Terms of the loan means terms of the loan required by HO, as EXPLAINED CLEARLY IN THE GUIDE. Trust the guide and follow exactly what it says

[yhm75]

thanks
one more q?

my business bank statement showing

bill payment via fast payment from xyz

its is readily according to guidance or some thing else

[zimba]

From the rules:

If the applicant has made the investment in the form of a director’s loan, it must be shown both in the relevant set of financial accounts provided, and through readily identifiable transactions in the applicant’s business bank statements, which must clearly show the transfer of this money from the applicant to his business.

[yhm75]

Thanks Zimba for help
I transfered money from my personal account to busines account

It's showing

(Bill payment via fast payment from xyz )

It's means it's ok because it's showing transfer under
my name

Please zimba and other seniors advice me
if I am wrong

[zimba]

As I showed the rules do NOT require your name, just the transactions !!!

[yhm75]

got it
Thanks

If I transfer money can I write down reference
Director loan or loan

[hamalt66]

As I showed the rules do NOT require your name, just the transactions !!!

Zimba, pls correct me if I am wrong - since the director's statement on the accounts will show the name and signature of the director (which is the applicant's name), it would be enough to mention the Director's Loan (DL) amount in the notes section (£50k or £200k depending on the category) without repeating the name of the director in the notes, as it's already mentioned in the statement in the beginning of the accounts.

[zimba]

No, the rules require your name opposite of the investment in the accounts.
Rules are specific and the documents are specific