Further to this topic: How to calculate TotalAmountUnpaid? - #5 by snicholas, we are confused by how to submit data when shares are issued at incorporation at a premium and when shares are partially or unpaid.
There are 2 elements to this - what to show for each subscriber and what to show in the statement of capital.
Subscribers
Take the example where:
- a company issues 100 Ordinary shares at £1 nominal value.
- Subscriber A pays £3/share for 50 shares, in full.
- Subscriber B agrees to pay £6/share for 50 shares, but they are only partially paid: B pays £4/share, so £2/share is unpaid.
What should the submission look like for each subscriber? Specifically:
- Is
amount_paid_due_per_sharethe amount to be paid for each share (A: £3, B: £6), or the amount actually paid (A: £3, B: £4)? amount_unpaid_per_sharecan presumably only be the amount unpaid (A: £0, B: £2)?- Should these amounts be submitted as the amount paid/ unpaid per share (as the text suggests) or the total amount actually paid/ unpaid (ie no of shares * amount paid/ unpaid)?
- What is
share_value? Is it the nominal value of the share (ie £1) or the total amount payable for each share (A: £3, B: £6)?
This is what we think it should be, based on our example, but please can you confirm!
subscribers": [
{
"person": {A},
"shares": {
"share_class": "Ordinary",
"num_shares": "50",
"amount_paid_due_per_share": "3.0",
"amount_unpaid_per_share": "0.0",
"share_currency": "GBP",
"share_value": "3.0"
},
},
{
"person": {B},
"shares": {
"share_class": "Ordinary",
"num_shares": "50",
"amount_paid_due_per_share": "4.0",
"amount_unpaid_per_share": "2.0",
"share_currency": "GBP",
"share_value": "6.0"
}
Or is that incorrect?
Share capital
This has sort of been answered by How to calculate TotalAmountUnpaid? - #5 by snicholas. So in my example it would look like:
There are 100 Ordinary shares of £1 nominal value. They are issued at a premium to 2 shareholders and 50 shares are unpaid by £2/share (so total amount unpaid = 50 x £20 = £100)
"statement_of_capital": {
"capital": {
"total_amount_unpaid": "100.00",
"total_number_of_issued_shares": "100",
"share_currency": "GBP",
"total_aggregate_nominal_value": "100.00",
"shares": {
"share_class": "Ordinary",
"num_shares": "100",
"aggregate_nominal_value": "100.00"
}
