What are statutory accounts?
What are statutory accounts? | 2-minute read When you’re running a business, there are a number of tax returns, accounts, and other financial obligations you should be aware of. All private limited companies operating within the UK must complete statutory accounts, accurately and on time. Statutory accounts are also known as annual accountants. They are…
Changes to Companies House 2024
From 4th March 2024, changes came into force that gave Companies House new and enhanced powers, marking the most significant changes in the regulator’s 180-year history. It’s vital that you are aware of the changes being made to Companies House as failure to adhere to the new rules could result in fines or, in some…
Your end of year accounts checklist
The tax year runs from April 6th to April 5th each year, which means that the end of the 2022/23 tax year is just days away and for most businesses this also marks the end of the accounting year too. If this is the case for you and your small business, you don’t have much…
What is a Companies House Confirmation statement?
The Companies House Confirmation statement is a document that all limited companies and LLPs must file at Companies House each year. This confirmation statement, which has an annual filing fee, is designed to give Companies House a yearly snapshot of the management and ownership of your business and it’s vital that this information is kept…
Adding a director to a limited company
Adding a director to a limited company When you set up a limited company, you will be required to have at least one director, as well as at least one shareholder. However, once the company has been set up, you might find that you want to expand your team of directors, or replace one of…
How to start a limited company
How to Set Up a Limited Company: A Step-by-Step Guide If you’re embarking on a new business venture, setting up a limited company is one of the smartest and most tax-efficient ways to structure your business. A limited company offers various advantages, including personal liability protection and enhanced credibility. But what is a limited company?…
How much does it cost to close a limited company?
How much does it cost to close a limited company | 2-minute read There are various reasons why you might want to close your limited company. But it’s not simply a case of closing the doors, taking down your website, and letting your clients and customers know you’ll no longer be trading. There are also…
