Initial balance sheet before any transactions

The initial balance sheet would have no entries in.

You don't say which money is for shares or loans.

I'd get an accountant in as quick as possible otherwise you'll be in a mess.

The balance sheet as you stated is correct. I agree that the loan is long term and previously long term liabilities used to be shown as part of capital but it is felt that net assets is a more important figure now.

They're expenses in the P & L A/c. If they have not been paid then they should be shown as current liabilities in the balance sheet.

It's best to show different sources of income separately.

£250,000 is the money received so that is the bank figure. There's no profit or loss.

Yes - see

That would depend on if money had been received.

Why are you interested? You don't seem to have studied accounts.

don't know how

you'll be in a

But a book like Frank Wood. That will teach you the principles in the correct way rather than jumping in at the middle.