First year accounts - bringing in assets

[Pondlife]

Part of the problem is I just used (naively?) the same Ltd. I was using for my business which has existed in some capacity prior to contracting. My mistake.

How long had the Ltd existed and do you still operate the old business? If so, which sector/trade did you use to determine the %?

[TheGreenBastard]

How long had the Ltd existed and do you still operate the old business? If so, which sector/trade did you use to determine the %?

Incorporated 2014; it is/was a software company, which goes hand in hand with software consultancy - I just assume my contracting is an extension of the businesses activities.

[Pondlife]

Is it frowned upon to bring in assets / expenses in the first year of accounts? I have a lot of domains, hosting costs, office costs that pre-date the incorporation of my Ltd.

I know technically it's possible and assume as long as all is above board there should be no harm done - I just wonder if it could increases the chances of investigation (probably not something folk here can answer). I suspect my "profits" would be severely dampened by bringing them in.

Incorporated 2014; it is/was a software company, which goes hand in hand with software consultancy - I just assume my contracting is an extension of the businesses activities.

[TheGreenBastard]

Oh, we're talking like 4 years of work on the side prior to incorporating, whilst I was still permie.