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Form E Business bank statements

  • Py1974
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3 years 8 months ago #483714 by Py1974
Form E Business bank statements was created by Py1974
Hi, I have provided an initial Form E to my ex's solicitor whilst I was in the process of having my Business accounts completed, this has now been done and I am updating Form E ready to exchange. My ex's solicitor has asked for the past 12 months business bank account statements to be provided. I don't see anywhere on Form E where this is a requirement, is this something which should be provided? There is nothing to hide but I am already jumping through hoops answering questions from the initial Form so want to ensure no further questions are raised.
Thanks in advance for any advice.

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  • WYSPECIAL
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3 years 8 months ago #483720 by WYSPECIAL
Replied by WYSPECIAL on topic Re:Form E Business bank statements
Yes you should provide 12 months statements for all accounts in credit.

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  • fairlyhas
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3 years 8 months ago #483730 by fairlyhas
Replied by fairlyhas on topic Re:Form E Business bank statements
Are you a sole trader or Ltd ?
My understanding is if you are Ltd then there is no obligation to provide this. The Ltd and you are separate legal entities.

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  • Py1974
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3 years 8 months ago #483732 by Py1974
Replied by Py1974 on topic Re:Form E Business bank statements
Thanks for replies.

I am a Ltd company and my understanding is the Ltd company is a separate entity to me personally as you say so no requirement to provide the statements. I've got my business accounts which I'll be sending along with the Form E .

All personal bank statements have been provided.

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  • .Charles
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3 years 8 months ago #483810 by .Charles
Replied by .Charles on topic Re:Form E Business bank statements
The company is still an asset so information will be required. A set of company accounts will provide the necessary information as long as they are fairly current. It may be worthwhile obtaining a summary update, particularly if your trading has dropped off since the last set of full accounts.

Charles

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  • jaseyb257
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8 months 4 weeks ago #509295 by jaseyb257
Replied by jaseyb257 on topic Re:Form E Business bank statements
Hi. I see this post is a few years old and just wondered what the outcome was with regards to limited company bank statements. I am just about to go through the same and my stbx finished mediation because I refused to disclose company bank statement. I did provide accounts for 3 years that are filed with companies house. My understanding is the same, a limited company is a separate entity. I am a 100% shareholder and I think my stbx is confusing the fact she thinks I’m a sole trader and self employed but I’m actually an employee and director of the limited company. Thanks in advance.

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  • hadenoughnow
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8 months 4 weeks ago #509334 by hadenoughnow
Replied by hadenoughnow on topic Re:Form E Business bank statements
Not the OP but during my divorce I had to produce all bank statements for my Ltd company as well as the annual accounts which were prepared ahead of the filing date.
I think a lot depends on whether the company only has you as a director.
If you are the sole shareholder/director then you have 100% control of company funds.
If there is nothing to hide, I cannot see why you would have a problem. As Charles said, a summary update could also be provided.
If this ends up in court, they can ask the judge to order that they are produced.

Hadenoughnow

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