Hello and welcome to the site. Thank you for your question.Monies introduced into the business through a personal loan is not income, it is capital and you don't have to report it as income when preparing your accounts. Also, there is no need to make a note of it on your tax return.
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Hi that's great...I have a couple of other questions - how do I go about payment or do I just resubmit as new questions?
If you are happy and there are no more issues relating to your original question, I will appreciate if you would kindly rate the service I provided to ensure I get paid for it.