Hi,
We are IT contractor ltd with year end 31 Aug. We’ve planned to file CT600 and abbreviated account to Company House ourselve but have second thought. We will need to remortgage our home sortly so it might be better idea to have an independent accountant to sign off our account since it will be more credit worthy in the eyes of lenders. I am just not so sure what happen in practice. Should I get an accountant to sign off our account only or also file CT600 and abbreviated account to CH. And how much cost involves provided that the business has very simple set of account?
Any comment will be highly appreciated. And if you are interested in helping please let us know.
Thank you
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An accountant will need to check that the accounts show a true and fair view, are not misleading and are in the correct format for Companies House. In addition the accounts for HM Revenue and Customs which will be attached to the CT600 will require to be in the iXBRL format.
By not submitting correct accounts to Companies House and HM Revenue and Customs at this late stage may cost you penalties.
In theory yes accounts prepared by a qualified accountant should stand more ground for lenders.
We are Chartered Accountants based in Sheffield but have clients national and international and are always looking for new clients to help them with all aspects of their business not just the statutory obligations.