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Distributable Reserves & Dividend Checker

Check a dividend is lawful before you declare it – distributable reserves, cash, the dividend per share, board minutes and vouchers

£20

Secure checkout. Your file is ready in your client portal as soon as payment clears.

Distributable Reserves & Dividend Checker

Overview

Many owner-managed companies pay dividends every month or quarter. Each one must be covered by profits available for distribution at the time, backed by accounts, and properly minuted. This workbook does the check and the paperwork together.

Price
£20
Who it’s for
Tax & Company
Works with
Microsoft Excel for Windows and Mac
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See how it works

A walk through the main sheets

The sheets you will use most, in the order you will use them – shown with the sample data every workbook comes with.

Step 1

Reserves

Profits brought forward, this year's profit and dividends already paid. What you do: enter from your accounts or management figures.

Reserves
Shareholders

Step 2

Shareholders

Shareholders, share classes and holdings. What you do: one row per shareholder.

Step 3

Voucher

A dividend voucher ready to print. What you do: choose the shareholder.

Voucher

Step 4

Who it is for

Made for people like you

  • Example – text
  • Company directors – Avoid illegal dividends and the problems they cause.
  • Accountants and company secretaries – Produce the paperwork alongside the check.
  • Owner-managed companies – Plan dividends through the year with confidence.

Quick start

Up and running in minutes

  1. Example – text
  1. Settings – Company details, the meeting and payment dates, and the dividend per share.
  2. Reserves – The retained earnings from your last accounts, profit since from up-to-date management accounts, and your cash position.
  3. Shareholders – Each shareholder and their shares.
  4. Dashboard – The verdict – then print the minutes and vouchers.

Key features

  • Works out the profits available for distribution from the last accounts, profits since (after tax), dividends already paid and any unrealised gains – before you declare a dividend.
  • Checks the dividend against distributable reserves and three months' cash, and works back to the largest dividend per share you can safely pay.
  • Produces the board minutes and a dividend voucher for each shareholder.

What’s included

  • Dashboard – Is it lawful?
  • Settings – Company and dividend
  • Reserves – Distributable reserves and cash
  • Shareholders – Who gets what
  • Board Minutes – Minutes to sign
  • Voucher – Dividend voucher
  • Guide – How to use this workbook

How buying works

Your file is only released to your client portal once payment has cleared.

1

Click Buy now

You are taken to our secure checkout.

2

Pay securely

Checkout takes a minute and you get a receipt by email.

3

Download your file

Your file is ready in your client portal as soon as payment clears, and we email you your invoice with a link to the portal.

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