The account doesn't even need to be good. Mildly competent is sufficient.
The DLA is a bookkeeping account. It is where you record all of your personal transactions with the company. You do record these somewhere?
In the case of your gym subscription, the current entries are CR Bank, DR Gym. You would clear that by CR Gym, DR DLA. In future its simply CR Bank, DR DLA. That is assuming you keep accounts at all.
The gym sub does not feature in the company accounts.
Yes, I'm using the free Wave cloud software (waveapp.com) for my bookkeeping. It is American but its got very good features and to my liking totally free.
So are you suggesting that I log in the payments to my gym as payments to the Director's Loan Account in the bookkeeping software. And when I generate the balance sheets and end of year reports, it should state whether or not and by how much the DLA is in credit/debit when I return my accounts.
So what happens if the DLA is in debit? Do I have 9 months to pay it off before I have to pay 32% tax on its value to the HMRC. Or am I confusing different things?!