What are Your Statutory Local Accounts?

For Small to medium-sized businesses, and some individuals, your local accountant prepares for you, usually on an annual basis, accounts for submission to relevant authorities such as Companies House and Revenue & Customs, you may in some cases provide these accounts to your bank for review on your liabilities such as a long or short term loan. Limited companies are required to submit their accounts to Companies House atlas least a year as a statutory requirement. Accounts of limited companies also need to be submitted to  Revenue & Customs along…