My Company's financial year finished on 30th of November 2018. I had £20K director's loan outstanding(all of this amount was taken out during last financial year of the company), which I have paid back into company accounts today. So its within 9 months of accounting period, since my accounts are due on 31 Aug 2019.
As per HMRC rules, I don't any tax since this amount has been settled in 9 months. On my balance sheet I showed this amount as Debtors amount falling. MY question is, where else I need to mention that I took this loan. I am a micro entity company, so usually all I have to submit is a balance sheet. As I understand CT600 is not mandatory for Micro-entity companies.
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