Overview
It is possible for a company to issue shares which are partly paid-up, and the unpaid portion is the unpaid share capital. Shareholders will be liable to pay the company the portion unpaid on their shares if a ‘call’ is made.
Any changes to the amounts paid must be recorded on your own share register and included in your next company annual return.
Navigation
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From the Main Toolbar, go to Company |
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Select the Company from the list |
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Select Shareholders |
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Click 
Step 1. Record the allotment of the partly paid shares
Select Allotments
Click here for more information on how to record an Allotment.
Under the Share Type field, begin by typing the share type and select 
to create a new share type.
Enter an amount in the Amounts Unpaid field. This will indicate that there is an amount outstanding for the shares.
Click 
The share transaction will be listed in the Shareholders screen. Under the Fully Paid column, hover your cursor over the information icon 
, the following details will display:
Step 2. Record a call on shares
Click 
Select Changes to Amounts Paid
CAS 360 will display the Changes to Amounts Paid screen
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Field |
Explanation |
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Transaction Date |
Input the date of call on shares |
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Shareholder |
CAS 360 will display a list of the company's current shareholders |
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Beneficial Owner |
CAS 360 will automatically prefill this field if there is a beneficial owner. |
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Share Type |
CAS 360 will display a list of the share types the shareholder holds |
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Number of Shares |
Input the number of shares paid |
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Total Amount of Issued Share Capital |
Enter the amount payable for issued share capital in decimals. |
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Total Amount of Paid Up Share Capital |
Enter the amount of paid up share capital in decimals. |
| New Total Amount of Paid Up Share Capital |
Input the new amount paid. This must be an amount between the original amount paid per share and the total value per share |
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Meeting Status |
Select the meeting status of the member which will display on the Members Minutes |
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Notes |
Input any extra notes in relation to the Changes to Amounts Paid |
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Field |
Explanation (Transferor & Transferee) |
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Certificate Type |
Select the Certificate Type |
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Certificate Number |
CAS 360 will automatically pre-fill a number based on previous shareholder transactions. |
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Certificate Location |
Enter the location of the Certificate |
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Unique Numbers |
Type a Unique Number to assign to the shares |
Click 
Forms Prepared
By selecting Prepare Forms 
CAS 360 will display the Document Production screen and automatically select the documents required:
- Cover Letter
- Register of Members
- Members Minutes or Resolution
- Company Change Summary
- Share Certificate
- Notice of EGM
- Allotment Journal
- Members Consent to Short Notice
- Directors Minutes or Resolution
- Declaration of Trust (if there is a Beneficial Owner attached)
- Notice of Beneficial Ownership (If there is a Beneficial Owner attached)
Select the 
icon to change any of the document settings. Different options will appear depending on the document type.