Company records
4 March 2024 sees the implementation of the first set of changes to company secretarial work introduced by the Economic Crime and Corporate Transparency Act 2023 (‘ECCTA’). Most notably, this includes the launch of the…
What is the registered email address?
The new requirement for companies to supply a registered email address (REA), also sometimes referred to as an ‘appropriate email address’, is found in Clause 29 of the Economic Crime and Corporate Transparency Act (2023).…
The balance sheet explained: Liabilities
This article gives some simple examples of how to break down liabilities on the balance sheet for a UK company. It deals with micro-entity accounts because they are the simplest example. Also, micro-entities are by far the most…
The balance sheet explained: Assets
This is an introduction to classifying items in the assets section of the balance sheet for a micro-entity, the smallest type of company. It’s a good place to start because it’s one of the simplest forms of company accounts,…
The income statement (profit & loss account) explained
This guide will help you understand the income statement (profit and loss account) for small companies and micro-entities. It covers how to get your income statements filed on time with Companies House and HMRC and be compliant…
What is a Relevant Legal Entity (RLE)?
While a Person with Significant Control is generally by definition an individual, it is not only individuals who can be recorded in a company’s PSC register.…
2025 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2024, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website
