Limited Company Accounting

To become a limited company, registering with Companies House is important. Companies house needs to inform HMRC about a limited company registration so that HMRC can assign UTR to you (Unique Taxpayer Reference, UTR). Further, as a Limited Company you will be required to share the annual statutory accounts with Companies House and HMRC.

Filling of annual statutory accounts require the GAAP standards to be followed. Other than this keeping a track of filling dates, P & L sheets, audit and director reports and many such related paperwork needs to be kept a track of.