In researching this subject I discovered that my knowledge in this area was out of date. Companies (according to the DirectGov website) do not have a legal obligation to take out public liability cover. However companies that operate in certain businesses do - such as horse riding schools. I h
Andrew Millet's blog
Andrew Millet BA FCA MBA is a Director of Wisteria Chartered Accountants, Tax & Business Advisers. He specialises as a business consultant and part-time finance director for a number of Wisteria's clients, which involves writing business plans, implementing systems and discipline, financial control work, cash management, reporting to the board, providing management information, liaising with investors and fund raising.
Latest posts
Sep
30
I had assumed (incorrectly) that when a company voluntarily seeks to be struck off that it needs to have settled all its debts and brought its affairs up to date. However, Companies House make it very clear in their guidance that " the registrar will not normally pursue any outstanding late fil
Sep
23
5
Generally when I ask my clients about what they have done about a business plan they come back with two answers: i) “haven’t had time yet”; or ii) “we expect and want a 5% growth on last year”. Well this is just daft management and as we know success comes from careful planning.
Mar
17
You may have heard that on the 6/4/11 business Link will be offering a new service to assist with the electronic incorporation of companies via a business relationship with Companies House. That’s the good news.
Jun
27
Back in January you may remember that I brought up this issue.
Apr
17
Imagine this situation – you form a company for a client (New Client Ltd) and soon after you discover that the Memorandum of Association belonging to another company (Another Company Ltd) has been lodged inadvertently against your client.
Jan
23
1
Back in October I had a rant about the Statement of Capital within the IN01 form. It had not occurred to me at the time that there was a similar issue with the new Annual Return form (AR01 form).
There are actually a few issues:
Dec
29
I am sure that most of us have spent a considerable amount of time over the last 12 months talking to banks about our clients needs.
Dec
05
2
We’ve all heard about the Enterprise Finance Guarantee. In summary, the Department for Business, Innovation and Skills has put aside £1.3billion to fund the Enterprise Finance Guarantee for those small and medium sized business that need to raise additional funding but have inadequate security of
Nov
28
Again I bring up another area that I think sits between what I believe an accountant should know and what a lawyer will know.
