Abridged Accounts

Posted Posted in Limited Companies

Are you happy to disclose your company profits to family, friends, customers, suppliers, employees and competitors? Or do you believe this information should be private? If you prefer the latter your accountants must file abridged accounts. Unfortunately not all accountants […]

Small Company Limits

Posted Posted in Limited Companies

In 2016 the small company limits were almost doubled. Companies which previously filed medium accounts could now potentially file as a small company. So, what are the small company limits in 2018? The small company limits 2018 The small company […]

Are Directors Employees?

Posted Posted in Limited Companies

Small companies are now required to disclose the number of employees in their year end accounts. But do you include directors in this total? When are directors employees? Incorrect accounts disclosures could incur penalties of £20,000 per worker and £10,000 […]

Micro Entity Accounts

Posted Posted in Limited Companies

Very small Limited companies have an option to file micro entity accounts. Initially these may look like a cheaper option. So who can file micro entity accounts? What are they? And are there any potential pitfalls to avoid? Micro entity […]