Director's loan
What this ledger is and how it is fed
Tracks what the director owes the company, or is owed by it.
Bank lines classified as "Director's loan" post here automatically. Expenses you paid personally post here automatically too.
A positive amount moves this balance towards The director owes the company; a negative one towards The company owes the director.
Running balance is this ledger's total after each entry, in date order, and a mistake is corrected with a reversal, never by editing or deleting an entry.
£1,430.80
The director owes the company
What makes up this balance
- Director's loan · 3 entries
- £4,264.00
- Motor & travel · 33 entries
- −£1,190.40
- Training · 1 entry
- −£420.00
- Use of home as office · 8 entries
- −£1,222.80
Corrections are already taken off the cause they corrected.
Director's loan tax (s455)
What this estimate leaves out
It does not model s458 relief timing, which works two ways. Repay within 9 months of the period end and no tax is paid. Repay later and the tax is paid first, then reclaimed from the Corporation Tax due date of the period containing the repayment, which can be over a year later (a formal claim on CT600A or form L2P, within a 4-year limit).
The 30-day rule and the £15,000 arrangements rule are not modelled. Both depend on the director's own intentions, which bank data cannot show.
The £10,000 beneficial-loan-interest exposure (P11D) is a different tax, on a different clock, and is not covered by this figure at all.
Estimated s455 charge: £511.51 (35.75% of £1,430.80).
Due 1 January 2028 (in 13 months)
Period and balance
For the year ending 31 March 2027
Your balance on that date: £1,430.80.
This is an estimate. It does not model repayment timing rules, so it's worth confirming with your accountant.
| Debit The director owes the company | ||
|---|---|---|
| 20 May 2026 | Car insurance paid from the company card in error | £684.00 |
| 28 July 2026 | Director expense reimbursement | £580.00 |
| 25 September 2026 | Transfer to D Reyes | £3,000.00 |
| Total | £4,264.00 | |
| Credit The company owes the director | ||
|---|---|---|
| 1 April 2026 | Use of home · April 2026 | £152.85 |
| 7 April 2026 | Mileage claim · 64.0 miles | £35.20 |
| 14 April 2026 | Mileage claim · 64.0 miles | £35.20 |
| 21 April 2026 | Mileage claim · 64.0 miles | £35.20 |
| 28 April 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 May 2026 | Use of home · May 2026 | £152.85 |
| 5 May 2026 | Mileage claim · 64.0 miles | £35.20 |
| 12 May 2026 | Mileage claim · 64.0 miles | £35.20 |
| 17 May 2026 | Northern Rail Services · Return train to client site | £64.00 |
| 19 May 2026 | Mileage claim · 64.0 miles | £35.20 |
| 26 May 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 June 2026 | Use of home · June 2026 | £152.85 |
| 2 June 2026 | Mileage claim · 64.0 miles | £35.20 |
| 9 June 2026 | Mileage claim · 64.0 miles | £35.20 |
| 16 June 2026 | Mileage claim · 64.0 miles | £35.20 |
| 23 June 2026 | Mileage claim · 64.0 miles | £35.20 |
| 30 June 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 July 2026 | Use of home · July 2026 | £152.85 |
| 7 July 2026 | Mileage claim · 64.0 miles | £35.20 |
| 14 July 2026 | Mileage claim · 64.0 miles | £35.20 |
| 21 July 2026 | Mileage claim · 64.0 miles | £35.20 |
| 28 July 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 August 2026 | Use of home · August 2026 | £152.85 |
| 4 August 2026 | Mileage claim · 64.0 miles | £35.20 |
| 11 August 2026 | Mileage claim · 64.0 miles | £35.20 |
| 12 August 2026 | PyNorth Conference Ltd · Conference ticket | £420.00 |
| 18 August 2026 | Mileage claim · 64.0 miles | £35.20 |
| 25 August 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 September 2026 | Use of home · September 2026 | £152.85 |
| 1 September 2026 | Mileage claim · 64.0 miles | £35.20 |
| 8 September 2026 | Mileage claim · 64.0 miles | £35.20 |
| 15 September 2026 | Mileage claim · 64.0 miles | £35.20 |
| 22 September 2026 | Mileage claim · 64.0 miles | £35.20 |
| 29 September 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 October 2026 | Use of home · October 2026 | £152.85 |
| 6 October 2026 | Mileage claim · 64.0 miles | £35.20 |
| 13 October 2026 | Mileage claim · 64.0 miles | £35.20 |
| 20 October 2026 | Mileage claim · 64.0 miles | £35.20 |
| 27 October 2026 | Mileage claim · 64.0 miles | £35.20 |
| 1 November 2026 | Use of home · November 2026 | £152.85 |
| 3 November 2026 | Mileage claim · 64.0 miles | £35.20 |
| 10 November 2026 | Mileage claim · 64.0 miles | £35.20 |
| 10 November 2026 | Balance carried down | £1,430.80 |
| Total | £4,264.00 | |
Balance brought down 11 November 2026 The director owes the company
£1,430.80