Hi matt and welcome to the forum
The IP will apply a pro-rata calculation over the company profits, unless you are able to provide accurate figures for the period March to June 2007.
If dividend payments were made to you during that period, which are in excess of the amounts you stated within the IVA proposal, you will need to pay over 50% of the uplift to your IP.
I would suggest trying to do a three monthly summary of profit if you can, but maybe your IP will take a pragamatic view and ignore the first three months, thus concentrating entirely upon the accounts for year ending June 2008, which all fall into the IVA period.
This is only an issue for you if you have been drawing dividends in excess of the amounts stated in your IVA proposal.
Regards, Melanie Giles, Insolvency Practitioner