Keeping company finances private?

[Lance]

I really cant believe the circles that have been gone round in this thread to answer such a basic question: No, you cannot 'hide' what income you \ your Ltd has made in each accounting period.

It is the law to produce account which, surprise, surprise, give an overview of what was earned and what allowed expense there were leaving, hopefully, a profit.

Try circumvating that and you will be in trouble. However, you dont have to tell neighbours, friends and even family the name of your Ltd so they would have a hard job finding the info you do not want to disclose.

If you dont operate an Ltd, for UK contracting, your only other legal option is an umbrella.

If you work through agencies or even direct, the hirer will not accept any other vehicle except these two and certainly not a sole trader \ personal arrangement.

what is available for download from companies house is quite limited for a micro company accounts.
It certainly won't tell anyone how much you've earned.
Just assets, liabilities and loans.

[Andy2022]

what is available for download from companies house is quite limited for a micro company accounts.
It certainly won't tell anyone how much you've earned.
Just assets, liabilities and loans.

As the creditors at the end of the year are often just corporation tax owing for the year and VAT for the next quarter, combined with information on changes in net assets / capital and reserves it's possible to make some educated guesses

It won't be a complete picture though

[ladymuck]

Thanks again. There's no agents involved and personal payments are not uncommon. Regarding agents, I was told by a colleague recently that online "expert networks" will pay him directly into his personal account.

Ok I'm off to find that accountant

I'm intrigued by your comment that personal payments are not uncommon. These online "expert networks" also sound a bit shifty unless you're talking about the likes of Fiverr or People Per Hour (or Only Fans).

What line of work are you in?