Does it Matter if You Put Ltd or Limited?

limited or ltd

It doesn’t matter if you put Ltd or Limited, the former is an abbreviation of the latter so there is no difference between the two. You can only legally put Ltd or Limited if you have formed a Limited Company though

Dormant Company Accounts and HMRC Tax Returns Explained

guide to dormant company accounts and hmrc tax returns

A dormant company is a great way to reserve a name for your business at Companies House, but it does have filing requirements and there are penalties for missing them. Read this guide for a detailed overview of the requirements.

Accounting Reference Dates Explained

accounting reference dates explained

A guide to accounting reference dates for Limited Companies, including lengthening and shorting accounting periods and using them to avoid penalties.

Directors Loan Accounts Explained

directors loans and the rules for withdrawing money from your company

Wondering how to handle directors loans you’ve made to your Limited Company? Or how long you have to repay a directors loan or if you can write it off? Then read on! In this guide, you’ll find some examples of directors loans, how they are handled on the balance sheet depending on whether they are overdrawn or not as well as the tax implications of charging interest on a debt owed to you.

How to Find Your Company Authentication Code

Lost Company Authentication Code

A Company Authentication Code is a unique password issued to all Limited Companies. It is highly confidential so if you have lost your Company Authentication Code you won’t be able to retrieve it by phone. What is a Company Authentication Code A Company Authentication Code is made up of 6 characters issued by Companies House … Read more

What is the Purpose of a Balance Sheet?

What is the purpose of a Balance Sheet?

The purpose of a balance sheet in business actually differs according to the person reading it and a business’ legal structure. In this post, I’ll explain the purpose of a UK balance sheet, show you how to read one and share tips on how to strengthen up your balance sheet.

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