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limited company accounts
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Does the companies act require small limited companies to have their accounts compiled by an accountant, or can I do it myself with sufficient knowledge.
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For the year ending ddmmmyyyy the Company was entitled to exemption from audit under Section 249a of the Companies Act 1985 as having a turnover of less than �1 million.
No members have required the company to obtain an audit of the accounts for the year in question in accordance with section 249b(2).
The directors have taken advantage of the Companies Act 1985 in not having these accounts audited under Section 249a(1) (total exemption)
is the sort of wording in your annual report.
For the year ending ddmmmyyyy the Company was entitled to exemption from audit under Section 249a of the Companies Act 1985 as having a turnover of less than �1 million.
No members have required the company to obtain an audit of the accounts for the year in question in accordance with section 249b(2).
The directors have taken advantage of the Companies Act 1985 in not having these accounts audited under Section 249a(1) (total exemption)
is the sort of wording in your annual report.