North London Accountants – David Grant

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The madness of starting a limited company without an accountant

David Grant | 15 Jul, 2013
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The following problems sometimes occur when people form limited companies without appointing an accountant:

1) They fail to structure the company so as to prevent or minimise disputes between shareholders;

2) They do not set a year end so as to prevent bookkeeping, accounting and taxation problems;

3) They prepare VAT returns in ways which hinder the preparation of and add to the cost of year end accounts;

4) They do not make provisions for taxation, taking out all money from the company leaving an overdrawn director’s loan account;

5) They pay for company expenses out of their own bank account or credit card;

6) They invest the company’s money in a personal account under the director’s name;

7) They appoint an accountant after they have submitted incorrect accounts, drafted themselves, into Companies House;

8) They appoint an accountant once it is too late to avoid late filing penalties;

9) They appoint a company accountant having already filed their own personal tax returns.

GET AN ACCOUNTANT BEFORE YOU FORM A COMPANY

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David Grant, Accountants North London, West London, Middx, Herts & Bucks

David Grant, Accountants North London, West London, Middx, Herts & Bucks

Full low cost remote service or meetings at extra cost

Telephone
020 8458 1048

Post only:
22 Alba Gardens, Golders Green, London NW11 9NR

Meetings in Chiswick, Ealing,
Hammersmith, Hayes, Hounslow,
Kensington Olympia,
Staines, Stockley Park, Uxbridge,
West Drayton. Hertfordshire or elsewhere

Accountants North London, West London, & Middlesex

We specialise in an inexpensive
remote service
Limited companies, Furnished Holiday Lettings
Free company formations
(for single member companies)
Free email or telephone advice.
Free handholding service for new startups
No hourly charges
Fixed fees.

Remote Service For Low Fees

We can deal with all matters by
phone and email.
Meetings in Chiswick, Ealing,
Hammersmith, Hayes,
Kensington Olympia,
Staines, Stockley Park, Uxbridge,
West Drayton, Hertfordshire or elsewhere

Open late Monday to Thursday

We are open:
Monday to Thursday 11:00am-8:00pm
Friday 11.00am until 1:00pm

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