'Date' in the Register of Members

[saeed123]

Hi,
please help me to fill the register of members.
In the last three years I have transferred money to business acc few times in each financial year.and I am showing investment as share capital . so in the register of members what date I can put as Date of Acquisition ? And date of entry as a member is the date when the company incorporated or the date when I made the first money transfer to business account?

[zimba]

The date you allocated the shares

[saeed123]

hi zimba , thanks for the reply .
is that the day we prepare the annual accounts ?

[zimba]

hi zimba , thanks for the reply .
is that the day we prepare the annual accounts ?

No. This the date that you allocated shares in return for money in your company and then updated the companies house on the matter.

[Jazz2007]

Hi Zimba,

If there are 2 directors and allocate shares at different dates.How should we present in the Register of Members.

Please see below one of your post.

"Based on sec113 to sec128 of Companies Act, every company must keep a register of its members (shareholders), showing the following particulars:

-the names and addresses of the members (the shareholders, unless the company is one limited by guarantee);
-the number and class/classes-of-shares of shares held by each member, distinguishing each share by its number so long as it has one;
-the amount paid, or agreed to be considered as paid, on the shares;
-the date at which the person was registered as a member, and the date at which he or she ceased to be a member.
-The register must be kept at the company's registered office, or some other office notified to Companies House.
-The register is prima facie evidence of the matters directed or authorised by the Companies Acts to be inserted in it. Consequently, entries should be made in the register only in accordance with proper allotment or transfer procedures."

[zimba]

well it is self explanatory. Each share holder with the date the shares have been allocated, number of shares, value of each share, etc

[Jazz2007]

It means!!!

2 directors allocate shares at 2 different date:

Director 1 X 100 Shares Eg 01/01/2014
Director 2 X 100 Shares Eg 01/01/2014
Director 1 X 25000 Shares Eg 01/01/2016
Director 2 X 25000 Shares Eg 01/01/2016

If the Shares are allocated twice as above example for same directors then it has to be mentioned as on different dates.

Please advice if this what you mean.

[zimba]

Yes, obviously. However I am not a business advisor or solicitor. Please consult such advisors for these sort of technical questions

[Jazz2007]

Thank you Zimba for your reply,

I spoke to a Qualified Accountant and he suggested to request Companies House for 'Register of Members' List.
According to him this information is stored in their records.

I hope no need to change my Accountant...Lol