Hi Elizabeth,

To remove a director the form is TM01.

The actual transfer of the shares would initially be an internal matter for the company in question.

Stock transfer forms are J10 and J30 but these are not companies house forms, rather forms that need to be retained by the companies registrar (I just had to google what they were called as all of mine have packs with unnamed forms already included. Your clients may have the same sort of limited company binder with pre printed forms).

You need to file a copy of the form in the companies memorandum and articles plus give copies of the signed forms to both parties (the transferee and transferor) to retain for their own records.

If the value of the shares is less than £1000 then HMRC don't need to know. If more than £1000 then stamp duty will be payable on the transaction.

See here for more information on stamp duty on share transfers :

http://www.hmrc.gov.uk/sd/shares/sharetransfers.htm#12

Note that the forms in that instance need first to be approved by HMRC but from the sound of your scenario the transfer value will be less than £1k anyway.

Informing Companies house of the changed share allocation happens as part of the annual return process (Form AR01)

Hope that helps,

Shaun.