UK Doing unaudited accounts

Joined
May 27, 2010
Messages
3
Reaction score
0
I run a small online business with a partner and it is a limited company. Our turnover is very small and each year just scrape to break even.

We have been paying an accountant to do our Accounts and his fees increase each year. Last year they were £700.

It has been suggested we scrap the accountantant and do unaudited short accounts for companies house.

We do our own VAT Return every quarter ourselves without difficulty and seek advise on moving to unaudited accounts.

Are there any pitfalls or things we need to be aware of before deciding ?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top