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LTD Company returns advice, Not trading!

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    LTD Company returns advice, Not trading!

    I have had a LTD company open since last September 2006.

    I have used my LTD company for IT contracting to only have payments made between Jan 2007 - May 2007.

    This was not into a business account as I have not opened one, this was paid into my personal account. I guess this was lazy of me.

    I have reciepts for outgoings/expenses etc for the whole year but have only been paid for this period.

    I received aletter yesterday for me to complete my retunrs by middle October 2007.

    I dont know what to do, I am thinking of closing the company down as I no longer use, is it possible for me to this and not submit any accounts?

    Or do I still need to? I do not have an accountant, Can I do this myself, what do I need to submit. I need a guide on doing this myself or some advice on what to do as I dont know how to explain situation.

    Someone please help. Need some advice on what to do!

    #2
    Hi guys,

    Can i get some advice please on what to do,

    Im running out of time!

    Comment


      #3
      Yes - you still need to file company accounts. I suggest you get an accountant asap. Search for accountants on here, they are being discussed all the time.

      Some possiblities who are often mentioned here are Upton Accountants, Nixon Williams, and SJD.

      I use Upton (www.uptonaccountants.com).

      You have a bit of a problem having paid the money to your personal account - it wasn't your money it was the company's money. You should get in contact with an accountant asap and discuss with them.

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