Author Archives
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Accounting for Community Interest Companies
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 ›
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When to complete Charity Accounts
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 ›
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Community Interest Company Accounts
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 ›
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FIRST MEETING WITH ACCOUNTANT
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 ›
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How to set up a business by following 7 Simple Steps
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 ›
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Why Preparing and filing company Accounts can be a daunting Task for small business.
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): […]
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Directors’ responsibilities – Limited Companies
Becoming a company Director Just formed a brand new Limited? This can be quite challenging! Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. If you are located in South London, SW16… Read More ›
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Limited company accounts and Company Tax Return
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): […]
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Limited liability partnerships South London
The key features of a Limited Liability Partnership are explained. If your business is in the South London area, SW16 OR sw2 we, at KG Accountants can help you consider whether an LLP structure is appropriate for your business. Most… Read More ›
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A guide to accounting reference dates and periods for limited companies.
A common question that we’re often asked is, “What date should my accounts be made up to?” It’s a very important question, as a company sending its accounts will get an automatic fine. In this post we will try to… Read More ›