Recent content by bergin

  1. B

    UK Basic Balance Sheet question

    thanks for that; I've since sorted it out using quickfile which generates a report. The only thing I dont know how to do yet is the depreciation of assets but Im sure I'll figure that out before my Nov filing!
  2. B

    UK Basic Balance Sheet question

    Oh hi there Ok have been looking at the "balance sheet" videos and this is my understanding so far: The accounting equation is assets = equity + liability So lets say I have in the bank £5000 cash (i.e. from payment from work the ltd does) (current assets) + £1000 in IT equipment after the...
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