You are welcome, Zara. We are glad you enjoyed this week's video. What did you learn in this video that you were unsure of before?

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Great - what are you studying?

Thank you for your kind comment!

Many thanks for your kind comment, Paul.

Thanks Big Mizzle - glad you found we explained this well. If you have any other subjects you would like us to explain by video, just leave a comment and we'll see if we can make it happen!

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Thanks for the question, Nastazio. If you hold shares in a company and this has not been accurately reflected on the public record (Companies House), we suggest you contact the company to arrange to have this amended. The directors of the company have a duty to ensure that the public record is correct, and where this has not been done, the relevant forms (including the confirmation statement) would need to be rectified. Are you part of the company?

Hi! Thanks for the message. Whilst we can’t advise on specific cases, we would normally expect that the Stock Transfer Form is filled out and signed at the point of which the shares are agreed to be transferred across. It’s possible you may want to seek professional advice to ensure that you do not run afoul of any of your obligations from a tax and legal perspective.

Thanks for the idea Kunle. We will consider it for a future video. Are you looking to transfer or issue company shares?

Many thanks. I am just starting a business, when I registered it with Company House, I added someone as 50% share holder and I'm also 50%, but the person has left the company and no longer interested, now I want to remove the shares and add myself as 100%. Still not sure of how to do that as you have not showed us screens.

@@steven73777 Thanks Kunle. If you contact our Company Secretarial Team on 020 3984 5387 we may be able to help you. Would that be helpful?

Thanks Ryan - glad you found this information useful!

Hi Stewart, in regard to your query, you can do an Issue of Shares for Director A to turn the share quantity in the business from 1 to 100 shares. You can then do a Transfer of Shares from Director A to Director B of 25%. This would be a great way to do this and we can help. We offer both Issue and Transfer of Shares at 1st Formations and will do all the necessary filing needed for you. Please call us on 020 3897 2233 and one of our team will be more than happy to explain this service to you in more detail. Thank you.

You can either complete a transfer of shares yourself, or via a qualified professional such as ourselves. The transfer forms themselves are sent to Companies House; however, if Stamp Duty is due then HMRC would also need to be contacted. Generally speaking, transferring shares are filed via hard copy (physical form), but there is nothing in legislation preventing them from being filed electronically. Are you looking to transfer shares in a limited company?

Unfortunately transferring and issuing shares is not something that can be done via Web Filing. Although, you don't need an accountant to oversee this process. We offer both issue and transfer of shares services: www.1stformations.co.uk/issue-of-shares/ www.1stformations.co.uk/transfer-of-shares/

We're glad you liked the video! What did you find the most interesting?

You set up 3 modules with step by step guide which I was looking for I.e. share transfer from one member to another

@@Alfred192 We're glad you found that helpful! Is there anything you'd particularly like to see in a future video?

Thank you for your question and apologies for the delay in our response. Our understanding of your question is with respect to whether paid-up shares that have been issued in a company can be turned into cash (presumably to be received by the holder of those shares). Money that is used to pay up a share in a company forms part of the company’s share capital. Companies are highly restricted on returning this money to the shareholders through a doctrine called Maintenance of Share Capital. One of the few ways money can be returned to shareholders is through a reduction of capital - this is a process in which shares are cancelled (in other words, they cease to exist) and the money paid up on the shares is returned to the shareholder. With respect to the purchase of land or property with paid-up shares - in principle, there is no reason why shares could not be used as consideration as part of an agreement to buy land or property. Whether this would be acceptable largely depends on the seller, but the process would usually start with an agreement between the buyer and the seller of the property/land being signed. Kind regards, The 1st Formations Team

Thanks for your question. The quick answer is no - directorship has no link to shareholdings, so no shares will be lost even if the director is removed. Do you have a situation where you want to remove a director?

@@1stformations Thank you so much for replying. Yes I removed a Director and then updated it on my filings. Am I able to email you somewhere for advice please? I also have an account with you.

@@withlovebyads Of course! We'll be more than happy to help. Take a look at the link below and you'll find the different ways you can contact us, including a live chat option: www.1stformations.co.uk/contact-us/

Thank you for your kind comment. Generally, the ownership has no relationship to any debt owed. However, as we are not regulated to provide accountancy advice, we are unable to provide advice on specific scenarios. We would recommend contacting an accountant for further assistance. Please accept our apologies for any inconvenience caused.

Thank you for your enquiry, Black Cat. Please contact our support team on +44 20 3897 2233, send us a message on live chat, or send an email to support@1stformations.co.uk, and we will gladly assist you with this matter.

@@1stformations I contact you yesterday, but no one reply

I am sorry to hear this Black Cat. Can I ask how you contacted us, as our team are available 24/7 to call?

Hi Carl. Share Certificates are produced by the company who then deliver them to the relevant shareholder(s) within a maximum of 2 months since the point they became a shareholder. If you don’t have a share certificate format, you can find numerous templates online (including ones for free). For the avoidance of doubt, Stamp Duty is no longer payable for the issuance of shares (for which the form SH01 is relevant form). Are you looking to create Share Certificates?

@@1stformations I am looking to a create certificate to issue to a private shareholder under the SEIS scheme

@@TheGlobePark OK - have you worked out how you are going to create this?

@@1stformations I am going to use Simply Docs if they have a suitable template. Or do you think there is a better option?

​@@TheGlobePark Our blog on Share Certificates has a free Share Certificate template which you can download and use for free. You can find it here: www.1stformations.co.uk/blog/share-certificate/ Is this of use?

Thanks for your question, Syed. You must inform Companies House of a share transfer within 21 days. See here for more information: www.gov.uk/make-changes-to-your-limited-company/share-structure Are you intending to undertake a share transfer?

Thank you for your kind praise, Peter.