108Statement of capital required where company already has share capital
(1)A company which on re-registration under section 107 already has allotted share capital must within 15 days after the re-registration deliver a statement of capital to the registrar.
(2)This does not apply if the information which would be included in the statement has already been sent to the registrar in—
(a)a statement of capital and initial shareholdings (see section 10), or
(b)a statement of capital contained in an annual return (see section 856(2)).
(3)The statement of capital must state with respect to the company’s share capital on re-registration—
(a)the total number of shares of the company,
(b)the aggregate nominal value of those shares,
(c)for each class of shares—
(i)prescribed particulars of the rights attached to the shares,
(ii)the total number of shares of that class, and
(iii)the aggregate nominal value of shares of that class, and
(d)the amount paid up and the amount (if any) unpaid on each share (whether on account of the nominal value of the share or by way of premium).
(4)If default is made in complying with this section, an offence is committed by—
(a)the company, and
(b)every officer of the company who is in default.
(5)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.