Company accounts overdue statutory notice
Companies House issues company accounts overdue statutory notice if your company accounts are late two years consecutively. The statutory notice will state […]
Late filing penalty double up
If your company accounts are late two years in a row, your late-filing penalty would double up. The company law introduces a […]
Disclose related party transactions
Related party transactions must be disclosed in your company accounts as required by law. This article focuses on the common related party […]
Balance Sheet example
The balance sheet tells us the financial position of a business as at the date it was drawn up. Below is the […]
A profit and loss account example
We are in business to make a profit. It is important we understand how to create a profit and loss account and […]