Limited Company Accountants
The most important professional person you’re likely to deal with as a company director is your accountant. How to deal with accountants, and preparing accounts.
- Accountant Tasks – what can an accountancy firm to do for your business?
- Choosing an Accountant – checklist to help you choose the right firm.
- Annual Accounts – what they are, and when/how to submit them.
- Bookkeeping – the ongoing tasks your company needs to complete.
- Profit & Loss vs. Balance Sheet – the two key accounting documents.
- Invoicing – what you must include on your company invoices.
- Company Records – which information you must keep, by law.
Sending out invoices for the goods or services you provide is a key task for limited company owners. If your invoices lack certain details, this could cause a delay in receiving payment, possibly resulting in cash-flow problems.
Record keeping is vital for every incorporated business. If you do not keep the right records for the correct length of time, HMRC can fine
If you’re running a limited company, your company accounts will contain a balance sheet and profit and loss statement. They form part of your statutory
If you are a new business owner, bookkeeping in some form is going to be essential to organising your finances, allowing you to keep up-to-date
Every year in the UK, all registered companies must prepare annual accounts and file them with Companies House and HMRC. Businesses must accurately report on