Company Accounts

[Baconbonce]

My companies first accounts are due shortly so still on a learning curve with it all.

Due to other work commitments, I haven't done much with the business this year so the accounts should be pretty straight forward.

What are the minimum documentation you would expect to provide an accountant to successfully complete a set of accounts?

I've got the usual copies of invoice received and paid, bank statements, receipts etc. Are there any other must haves to complete the work?

Slightly embarassing as I really should know, but as I say, still learning.

TIA

Paul

[Eric Mc]

Corporate Set Up - i.e

Authorised Share Capital
Issued Shares
Names and addresses of directors and shareholders
Shares issued and transferred during the year
A copy of the Memorandum and Articles during the year

In addition to the above -

Details of any guarantees or commitments entered into by directors on behalf of the company
Details of related transactions (i.e. finanmcial activities carried out by the company in which a director/shareholder or related party had a material interest)
Details of any debentures/liens held by third parties in relation to company assets
Details of company's Corporation Tax/PAYE and VAT reference numbers and tax offices

These are the things that tend not to be blindingly obvious to an accountant when he/she is just presented with cash books/spreadsheets/invoices and bank statements.

Edited by Eric Mc on Tuesday 19th December 10:37

[Baconbonce]

Thanks Eric