looking for help with companies house accounts for micro entity

[gardener]

Hi,

I need to fill companies house Micro-entity Balance Sheet. I am an IT contractor.
My company had income of 45k GBP for the accounting period (till 30/06/2017). And I bought two laptops as expenses totalling at 2.5k GBP.
Remaining money is just sitting in my companies account. I want to take all the allowances for accounting period (personal and corporation tax) and leave the rest in the account so that I have to pay NO taxes.
Please advise what numbers do I enter into online web filling for companies house for each entry for this scenario? Maybe some accountants here?


Current: Called up share capital not paid
Previous: Called up share capital not paid
Fixed assets
Current: Total fixed assets
Previous: Total fixed assets
Current assets
Current: Total current assets
Previous: Total current assets
Current: Prepayments and accrued income
Previous: Prepayments and accrued income
Current: Creditors: amounts falling due within one year
Previous: Creditors: amounts falling due within one year
Current: Net current assets (liabilities)
Previous: Net current assets (liabilities)
Current: Total assets less current liabilities
Previous: Total assets less current liabilities
Current: Creditors: amounts falling due after more than one year
Previous: Creditors: amounts falling due after more than one year
Current: Provisions for liabilities
Previous: Provisions for liabilities
Current: Accruals and deferred income
Previous: Accruals and deferred income
Current: Total net assets (liabilities)
Previous: Total net assets (liabilities)
Capital and reserves
Current: Capital and reserves
Previous: Shareholders' funds

[MrButton]

Find a good accountant (plenty post on here).

Pay them.

They do your accounts.

You go for a beer.

Everyone is happy

[gardener]

Find a good accountant (plenty post on here).

Pay them.

They do your accounts.

You go for a beer.

Everyone is happy

Beers on me for an accountant who answers.

[BR14]

you registered a LTD without engaging an accountant? more research might have helped, there.

[tarbera]

Your company has income after 30th June ?

[cojak]

https://www.contractoruk.com/first_t...l_matters.html

[Darren at Fox-Bartfield]

Accountants

Hi,

I need to fill companies house Micro-entity Balance Sheet. I am an IT contractor.
My company had income of 45k GBP for the accounting period (till 30/06/2017). And I bought two laptops as expenses totalling at 2.5k GBP.
Remaining money is just sitting in my companies account. I want to take all the allowances for accounting period (personal and corporation tax) and leave the rest in the account so that I have to pay NO taxes.
Please advise what numbers do I enter into online web filling for companies house for each entry for this scenario? Maybe some accountants here?

I'd recommend you instruct an accountant to sort this lot out (I know, slightly biased viewpoint). Based on the above, there could be a lot more tax savings that could be made depending on your circumstances. The accountant should therefore pay for themselves and more with the tax savings alone, as well as keeping you compliant with both Co House and HMRC.

[craigy1874]

I think running your company's finances by resorting to posting on a internet forum is a massive mistake.

Go get an accountant.

[gardener]

Your company has income after 30th June ?

Yeah, last payment was afer. But the 45k income was in the accounting period before 30th of June 2017.

[Kugel]

My company had income of 45k GBP for the accounting period (till 30/06/2017). And I bought two laptops as expenses totalling at 2.5k GBP.
Remaining money is just sitting in my companies account.

Tax year ends on the 5th of April 2018. Not much time left to find an accountant...