Accounting Reference Date

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Jan 6, 2012
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Hi all,

I have recently incorporated a Limited Company with an Accounting Reference Date (ARD) of 31 August. I'm thinking of extending the ARD to 31 Dec for the sake of simplicity and to bring it in line with the calendar year.

Can anyone advise me of any potential disadvantages of doing this (if any?)

Many thanks

A
 

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