I have opened my business account with my own equity, to help things along until the first invoice payments are received
I have shown this as Share Capital?
Should I use the Directors Loan account for this, and then is it equity or a liability
Isn't the loan account for money loaned from the Business to the Director or can it be the other way around?
Advice please on the best way to reflect this in Solar

Hello Merrick,

Generally the Share Capital is the 'issued share capital' you have registered with Companies House. Often this is a nominal amount of £1 or perhaps £100.

For other money you have invested in the company, use the Directors Loan account - the balance of this account can be positive (meaning the company owes you money) or negative (you owe the company money).

Cheers,

Hi Merrick,

Its a liability as the company will owe you back the money.
Think of it as a bank loan, with you personally being the bank.
Therefore the Directors Loan a/c will have a positive amount as Mark says.
The opposite side of this transaction will most likely be the bank account.
When the company makes money you can then pay yourself back by reversing the Directors Loan A/C amount and decreasing your bank account.

Your share capital figure will be in your last year's accounts or in your companies startup paperwork.