Running a Community Interest Company (CIC) means juggling a lot—impact reports, funding, team responsibilities, and everything in between. But when you’ve missed your filing deadline for CIC accounts, the anxiety can quickly set in. Don’t panic. Whether you’re a few… Read More ›
annual accounts
How to Submit CIC Accounts Efficiently and Save Time
Running a Community Interest Company (CIC) in the UK means more than just doing good—it also means staying compliant. Filing your CIC accounts efficiently is essential to maintain transparency, avoid penalties, and free up time to focus on your mission…. Read More ›
Dormant Account for CICs
A community interest company (CIC) is, of course, a completely different creature from a standard company. One way that sets them apart is when they enter ‘dormant’ status. What is ‘dormant’ status? Any company is defined as dormant by the… Read More ›
Can I do my own accounts for a CIC?
In this blog, we’ll look at what is required for your CIC’s annual accounts and give you advice on whether you should prepare your own reports. What are a CIC’s annual accounts? Other names for annual accounts include “company accounts,”… Read More ›
Just started a limited Company, What happens next…………………
Thinking about setting up a limited company or Perhaps you’ve already done so, but now find you’re being swamped by letters from HM Revenue & Customs and Companies House. Setting up a company is quick and easy, but it… Read More ›
Why does all business need a plan?
Main Importance of a business Plan We consider why you should draw up a business plan and what it should include. If you are starting, or have recently started a business in the South London area we, at KG Accountants,… Read More ›
Getting Started – Sole Trader or Limited Company
Most people starting out in business would register as a sole trader and away they went. Today, it’s easier than ever to register a limited company, so which is right for you? There are benefits to each, so let’s explore… Read More ›
Starting out business in the the building Trade – How to market yourself and get going!
Welcome to one of our regular series for new business starts ups. On weekly basis, we deal with a number of new business starting up and we get asked on a regular basis by the owners, how do they attract more… Read More ›
How to put together your company’s statutory accounts for Limited Companies
How to put together your company’s statutory accounts Statutory accounts must include: a ‘balance sheet’, which shows the value of everything the company owns and is owed on the last day of the financial year. a ‘profit and loss account’,… Read More ›