An individual may develop the most creative, timely business idea in the world, but it will remain an idea unless s/he can secure funding to make it a reality. For budding social entrepreneurs who want to help their community by… Read More ›
How to become a personal Trainer. If your looking to start a career as a personal trainer, on top of having a great accountant who understands the fitness industry, you need to have 7 essential skills: 1 Organization skills 2…. Read More ›
Charity Accounts Trustees normally need to complete a charity’s annual return as soon as you approve its latest accounts and trustees’ annual report. Normally If your charity’s income is more than £10,000, by law, you must complete an annual return… Read More ›
Community Interest companies (CICS) A CIC is a special breed of a limited company which exists to benefit the community rather than its shareholders. Community Interest Accounts In addition to the initial Community Interest Statement, every CIC must file an annual… Read More ›
Many more companies will qualify as small as a result of the substantially increased company size limits. The new size criteria below is mandatory for periods commencing on or after 1 January 2016, although earlier adoption is permitted for financial years beginning on or after 1 January 2015 (the audit exemption cannot be early adopted): […]
Some individuals believe that social enterprise is the future of business. There may be some basis for that argument given the resilience these types of organisation have shown during the economic challenges of recent years. As campaigners continue to petition… Read More ›
Benefits of forming a CIC A community interest company (CIC) is a limited company which exists to benefit a community or to pursue social good. It is a useful vehicle for philanthropic entrepreneurs who want to use business and enterprise… Read More ›
1. If your organisation employs EU staff or has EU volunteers The government has committed to safeguarding the rights of EU nationals residing in the UK. EU citizens will be entitled to apply for settled status in the UK, enabling them to… Read More ›
CIC Accounting Accounting for companies interest companies can be a huge challenge even for a seasoned accountant. Under CIC Accounting a CIC report must meet certain prescribed minimum reporting requirements. Hiring a CIC Accountant does help to ensure that the… Read More ›
KG Accountants understands that the prospect of that first meeting with an accountant or adviser can be pretty scary if you don’t know what to expect. We like to think that your mind will be put at ease after reading… Read More ›
For most start-ups setting up a business is relatively quick, cheap and easy. In fact it’s just about possible to set up a business in a day! But not knowing the right structure can also spell disaster! If you know exactly… Read More ›