How to run a Limited Company

For the successful running of your Limited Company you will need to keep accurate records and be aware of all the statutory deadlines.

The following records are essential for preparation of your accounts and should be made available to your bookkeeper:

• Copy of all invoices including VAT charged
• A log of company expenses along with the relevant receipts
• A copy of all the company bank statements

If you have any other employment you will need a copy of the P60 or P45, which will be required for the completion of your Personal Tax returns.

1st Contact can assist you in keeping accurate records for your company, as well as ensuring that you are able to produce adequate documents should they be required for auditing, visa applications (Tier 1/HSMP) or mortgage applications.

1st Contact are also able to assist you in providing a book keeping service and assistance in calculating your taxes, VAT returns or submitting any year end company documents.