Company Accounts Archive

  • A report capturing tabular and graphical financial data

    6 Numbers Every Business Owner Needs to Know

    We’ve all seen it on Dragon’s Den. The sight of budding entrepreneurs squirming in front of the panel as they try to recall the financial information about their fledgling businesses that will go a long way to determining whether they secure investment or not. But...

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  • Coins flowing from a tap on a piggy bank to indicate cash flow

    5 Tips to Help Small Businesses Keep Cash Flowing

    The issue of late payments and the effect that it has, particularly on startups and small business, is well documented and continues to be a topic of much discussion. Only last month the Federation of Small Businesses (FSB) took the grievances of its members regarding...

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  • Street sign for Downing Street

    FSB Meets at Downing Street to Discuss Issue of Bad Payment Practices

    Bemused at the lack of progress being made to arrest the alarming decline in payment practices in the UK, the Federation of Small Businesses (FSB) was granted an audience at Number 10 Downing Street this week to voice their concern at how the issue is...

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  • New VAT rules for small businesses

    EU VAT Rule Change Creates a VAT Mess For Micro-Businesses

    The internet has made it incredibly easy for lots of entrepreneurs and startups to find customers and build a business. Now lots of micro-businesses and solo entrepreneurs who sell online are worried that a new EU VAT rule will mean the end of their business....

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  • Invoice

    Invoice Template v Invoice Software: Which is best for small businesses?

    One of the first things many new businesses need to learn to do is how to issue an invoice. If you are selling to other businesses, doing building work or anything other than fairly straightforward retail sales you will need to give your customers an...

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  • Second income from hobby or small business

    HMRC Clamping Down on Hobby Businesses

    Research released by RBS in January claimed that 1 in 5 UK adults are ‘hidden entrepreneurs’. These are defined as people who are running small businesses in their spare time or who are using their spare time to plan a new business venture. 38% of...

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  • Micro Entity Accounts

    Micro Entity Accounts Now Accepted at Companies House

    All limited companies have to file annual accounts with Companies House every year. These go onto the public record and are available to anyone who wants to look at them. Creating and filing the full set of accounts for Companies House can be quite a...

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  • Balancing Income and Expenses

    Simplified Expenses for Sole Traders

    The second part of HMRC’s new Simpler Income Tax scheme is Simplified Expenses. It aims to make the way unincorporated businesses (sole traders and partnerships) work out their businesses expenses more straight forward. Though the practical application of the process is as the name suggests...

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  • Changes for simpler income tax

    Income Tax Changes for Sole Traders

    The Government have introduced yet another change at HMRC which affects small businesses. Unlike most of the new schemes, using Simpler Income Tax is optional, and small businesses that qualify can choose whether or not to use it. There are two parts to Simpler Income...

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  • HMRC Bookkeeping checks

    HMRC Find 36% of Small Businesses not Keeping Proper Records

    HM Revenue and Customs have been testing out a new scheme known as BRC or Business Records Checks. Modelled around initiatives already in place in Canada and Australia HMRC have been trialling BRC since April 2011. The basic idea is to do spot checks on...

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  • Customer Testimonial

    I have just started up my own company ... I have had many queries, you answered all my questions, whilst being really helpful and professional.


    We are happy with all business we have conducted with you and are quite happy to recommend you on what you have done and assistance you given us up to date.


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