C
cjdl
New Member
Hi All,
Well, it's come to the end of the financial year and I'm in the process of submitting my accounts, which I have drawn up myself.
A few points - Accounts are abbreviated, do not require audit and this is on the bottom of my balance sheet:
Now, I've downloaded and started on HMRC's online CT600, which I understand is fine and applicable for my circumstances.
But, I'm a bit stuck when i've got to the Notes to Statutory Accounts section. I haven't adopted the FRSSE (or have I ??),in-fact I hadn't even heard of it until today ! I was assuming I was submitting accounts under CA 2006.
The CT600 form seems to want 'notes' for the following, I'd appreciate any advice or guidance on what I should enter in these fields:
- Basis of measurement and preparation of accounts
- Turnover policy
- Tangible fixed assets depreciation policy
- Intangible fixed assets amortisation policy
- Valuation information and policy
- Other accounting
Thanks for any assistance !
Cheers,
Chris.
Well, it's come to the end of the financial year and I'm in the process of submitting my accounts, which I have drawn up myself.
A few points - Accounts are abbreviated, do not require audit and this is on the bottom of my balance sheet:
For the year ended 31st December 2010 the directors are satisfied that the company was entitled to exemption under section 249A(1) of the Companies Act 1985.
Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985;
The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 221; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
The accounts have been prepared in accordance with the special provisions in Part VII of the Companies Act 1985 relating to small companies.
Now, I've downloaded and started on HMRC's online CT600, which I understand is fine and applicable for my circumstances.
But, I'm a bit stuck when i've got to the Notes to Statutory Accounts section. I haven't adopted the FRSSE (or have I ??),in-fact I hadn't even heard of it until today ! I was assuming I was submitting accounts under CA 2006.
The CT600 form seems to want 'notes' for the following, I'd appreciate any advice or guidance on what I should enter in these fields:
- Basis of measurement and preparation of accounts
- Turnover policy
- Tangible fixed assets depreciation policy
- Intangible fixed assets amortisation policy
- Valuation information and policy
- Other accounting
Thanks for any assistance !
Cheers,
Chris.