UK Micro-entity Balance Sheet Questions UK

[rasi038]

Hello Forum,

We are about to file our first Micro-entity Balance Sheet with Companies House and figured we wanted to check with the 'pros' in this forum to ensure we are filing it correctly and not making any mistakes before submitting.

We have a tiny operation with only a few costs not yet started trading. The first table is the balance sheet from our accounting software, and below is what we have filled in so far in the Micro-entity Balance Sheet from Companies House.

Assets Fixed Asstes 0 Current assets 1200 Bank Account 4,005.56 Total Assets 4,005.56 Liabilities and Equity Current liabilities 2202 VAT Liability -73.31 2301 Directors Loan Accounts (Director 1) 387.3 2510 Expense Creditors 74 2600 Long term Loans & Mortgages 9,506.92 Equity Retained earnings -5,889.35 Total Liabilities 4,005.56

2023 - Micro-entity Balance Sheet from Companies House Called up share capital not paid 0 Fixed assets Total fixed assets 0 Current assets Total current assets 4006 Prepayments and accrued income 0 Creditors: amounts falling due within one year -338 Net current assets (liabilities) 3668 Total assets less current liabilities 3668 Creditors: amounts falling due after more than one year -9507 Provisions for liabilities 0 Accruals and deferred income 0 Total net assets (liabilities) -5839 Capital and reserves Capital and reserves -5889

FYI, Net Profit/Loss = -5,889

We are eternally grateful for your support!

 

[vijaygandhi]

The presentation looks good, however, no one would be able to assist with the accuracy of the figures until we have the complete financial information.