statutory accounts Archives

Inform Direct product update – April 2024

Published in Inform Direct news on April 3, 2024 by Jayne Challinor

This month we’re pleased to introduce an exciting and much requested new feature. Subscribers using their own presenter code can now upload an iXBRL-tagged company accounts file to Inform Direct and authorise us to submit this…

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Tags: company accounts, accounts, medium companies, micro entities, news, small companies, statutory accounts

The balance sheet explained: Liabilities

Published in Company records on February 2, 2024 by David Hill

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…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

The balance sheet explained: Assets

Published in Company records on January 31, 2024 by David Hill

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,…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

Navigating the ECCT Act 1: Changes to accounts filing at Companies House

Published in News and opinion on November 14, 2023 by David Hill

The Economic Crime and Corporate Transparency Act (ECCTA) has introduced a set of changes to how companies file their accounts with Companies House. Here we lay out what we currently know about the coming changes and how they will…

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Tags: ECCTA, accounts, micro-entity accounts, statutory accounts

What is a balance sheet?

Published in Company records on June 19, 2023 by David Hill

A balance sheet is a key financial statement that provides a snapshot of a company’s financial position at a specific point in time. An alternative name for it is a ‘statement of financial position’. In…

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Tags: company accounts, accounts, annual accounts, micro-entity accounts, statutory accounts

When are my annual accounts due?

Published in Company records on February 17, 2023 by Jayne Challinor

Even if your company is non-trading or dormant, you must file annual accounts with Companies House.…

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Tags: annual accounts, Companies House, company records, filing deadlines, financial statements, statutory accounts

2024 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2023, 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

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