Jayne Challinor, Author at Inform Direct

Types of limited company accounts and the details they should include

Published in Company records on May 28, 2025 by Jayne Challinor

Every year, companies must prepare statutory accounts for their members and must also file a version of these with Companies House. However, dependent upon the type and size of the company, different limited company accounts…

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Tags: company accounts, accounting, company size, large companies, medium companies, micro entities, small companies, statutory accounts

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Filing company accounts: your questions answered

Published in Company records on May 21, 2025 by Jayne Challinor

Covering issues such as: the consequences of filing your accounts late; how to extend your filing deadline; when you can change an accounting reference date; whether you need to file accounts if your company is dormant, and…

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Tags: company accounts, accounting reference date, annual accounts, Companies House, company records, company size, filing deadlines, financial statements, statutory accounts

(Another) Inform Direct Product Update – May 2025

Published in Inform Direct news on May 20, 2025 by Jayne Challinor

This update sees the introduction of a much requested feature. You can now speedily produce prepopulated board minutes to approve company accounts, even when those accounts have not been created or filed using Inform Direct. Our…

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Tags: company accounts, accounts, annual accounts, company documents, news

Do my company accounts need to be audited?

Published in Company records on May 13, 2025 by Jayne Challinor

Most small, standalone (non-group) private companies are not required to complete a statutory audit of their financial statements. Indeed, a research paper published in January 2017 by the Department for Business, Energy and…

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Tags: company accounts, audit exemption, company size

How to calculate company size for year end accounts preparation

Published in Company records on May 7, 2025 by Jayne Challinor

The Companies Act 2006 may allow you to prepare and file a simpler set of year end accounts, dependent upon your company’s size. But how do you determine what size your company is for the purposes of accounts preparation?…

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Tags: accounting, annual accounts, company size, large companies, medium companies, micro entities, small companies, statutory accounts

Micro-entity accounts: your questions answered

Published in Company records on May 7, 2025 by Jayne Challinor

A micro-entity is a very small company or LLP. We will define the criteria for micro-entity status below. Micro-entities may be able to produce a much simpler set of year end accounts for their members and provide less…

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Tags: accounting, annual accounts, Companies House, company size, micro entities, statutory accounts

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Author Archives: Jayne Challinor