Want help to file my limited company accounts in companies house UK
I know where I have to file my company accounts but I don’t know where in seller central I get data to fill balance sheet during web filing in companies house. Kindly help me to file in time. Thanks
Want help to file my limited company accounts in companies house UK
I know where I have to file my company accounts but I don’t know where in seller central I get data to fill balance sheet during web filing in companies house. Kindly help me to file in time. Thanks
Seller_YFoA7EVQVQhVQ
Thanks bro it’s better I have to hire a professional accountant for this. I was thinking maybe I get financial data easily from seller central to fill balance sheet during web filing to companies house.
48 replies
Seller_7VbclcPFFRTnc
Date range reports and vat invoices
Hopefully you use an accountant…
Seller_77IcbQKVGdZo0
You can’t really do anything on Amazon to get your Balance Sheet.
Your balance sheet is made up of such things as how much sssets you have, your liabilities and how much money you are owed in addition to other things.
No report on Amazon will tell you this.
At rhe same time you file your balance sheet you normally file your return to HMRC so they can calculate how much corporation tax you need to pay. This is not easy to do unless you really know what you are doing.
Your accounting package though should give you a balance sheet for your year end which will contain most of the information you need to submit your balance sheet to companies house.
Seller_YFoA7EVQVQhVQ
Thanks bro it’s better I have to hire a professional accountant for this. I was thinking maybe I get financial data easily from seller central to fill balance sheet during web filing to companies house.
Seller_esvgLzKXw2YAl
Surely over the prior year, you have been keeping accounts?
Seller_7VbclcPFFRTnc
You’ve 1 month to file
Find an accountant in the morning
Seller_77IcbQKVGdZo0
As I said above you often file your corporation tax return the same time as your annual accounts to Company House and then you have to pay the corporation tax within 9 months of your year end.
Mostly the two are filed together as it easier but you don’t have to. You can file them seperately. You need to file your corporation tax return within 9 months of your year end and your company accounts to companies house within 12 months of your year end.
As long as you have been keeping your accounts up to date then it shouldn’t be too difficult to get all the required information. A professional should be able to do it relatively easily.
Seller_77IcbQKVGdZo0
Assuming that it the companies account with CH which may make the corporation tax return overdue.
Seller_77IcbQKVGdZo0
To correct. Company accounts need to be filed within 9 months of your year end…it was only during Covid that it was temporarily extended to 12 months.
Seller_7VbclcPFFRTnc
Company incorporation 14th July 2021
Accounts due 14th April 2023
Seller_qZO3ZCjoBXEeL
I do hope you realise that you have to pay 19% Tax on any profits your company has made when you file those accounts right? You know what is an allowable/chargeable expense to a limited company and what isn’t? You have processed all your invoices for the period through your accountancy software (retaining organised copies for 7 years for future inspections). Did do your stock take at the end of your fiscal year?
Seller_fMsCVAHNu4txH
Similarly, I do all the day-to-day accounts, VAT etc… for all our companies (using Quickbooks), but I also have an online accountancy firm who double-check things, and do our actual end-of-year filings.
Although I’m not qualified in any way, I have decades of experience in related areas and wouldn’t dream of trying to do it this way without that.
I could probably cope without the accountant at all, but for what it costs me, it’s the peace of mind that HMRC come knocking on their door first.
Also, for any financial stuff (e.g. mortgages), if you’re Ltd, a lot of them won’t accept your income without a statement from an actual accountant.
Seller_cppZWi26mMRT9
You have 9 months after your year end to file your accounts with Companies House. You have 9 months and 1 day to pay your Corporation Tax. And you have 12 months after your year end to file your Corporation Tax return.
Seller_mPemhG9cHWctM
What accounting software are you using?
I use Xero with Link my books for reconciling my eBay and Amazon deposits, on top of that other e-commerce sales from my retail website and whether or not VAT applies (domestic and international), recommend getting an accountant for the purpose of filing accounts especially if your over the VAT threshold although I don’t know if you are but to be fair the LMB and Xero would make it easier to file ready accounts if you know what you’re doing, but I prefer a professional to do mine lol
Seller_DTufFoxJuMU0M
It amazes me the amount of people that set up a limited company without any basic knowledge of what is required to do so or whether its even financially beneficial to do so.
I would be having a very long detailed conversation with an accountant before I even considered it.
Seller_lljyzgTxr5fgI
My head wasn’t hurting when I got up this morning…but after reading this…it is now !! 
Seller_wqciCXuQbNS4p
This is beyond belief, absolutely beyond belief.
Unless the OP get’s this sorted quickly, he’s heading for a whole heap of trouble. He obviously needs to speak with an accountant today but being frank, a lot of accountants may look at this and want to stay away from it. It will be a ball ache for them to sort, and for that, they’ll want appropriate renumeration.
If it’s not sorted, it then causes problems for the authorities, who then need to start their process for striking off/issuing fines etc. Putting further pressure on government resources which they could well do without in these troubled times.
It’s about time the requirements for forming a limited company were tightened-far too many think that it’s the easy route when in reality it’s not.
Seller_cfezpmKDByqFg
I also hope that they would be aware of any impact on their own self-assessment tax return
