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 ›
Limited Company Accounts
Accounts filing options for small companies.
Small companies – Accounts filing options Changes to UK company law removed the option for small companies to file abbreviated accounts for accounting periods starting on or after 1 January 2016. If you’re a small company you have 4 options for… 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 ›
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 ›
Preparing your first set of limited Company Accounts.
What to know when preparing your first set of Limited Company Accounts. It can certainly be difficult completing and filing your first set of accounts if you haven’t done it before. The bit with companies House is straight forward as their… Read More ›
Limited company’s first set of accounts
What to know when preparing your first Limited Company Accounts. You’ll usually need to send more than 1 Company Tax Return after your limited company’s first year. When you set up your limited company, you’ll automatically have different reporting dates… Read More ›
Role of every LLP Member and Legal Documents that must be filed
Every LLP and each individual member must make self-assessment tax returns every year to HM Revenue & Customs (HMRC). For individual members this will be in the form of a personal tax return. For the LLP itself, it will be… 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 ›