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Limited company report

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Why might a Limited company with numerous people working for it, enter "0" employees on its annual accounts? 

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By johngroganjga
02nd Oct 2019 11:24

Perhaps the “people working for it” are not employees. Or perhaps they are, but the note to the accounts you are referring to may have been compiled without proper attention to detail, and be wrong.

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Hallerud at Easter
By DJKL
02nd Oct 2019 11:25

1. They do not work for it but for an associate company
2. A group company pays them but no consolidated accounts done.
3. Mistake

Frankly with modern accounts prep software mistake is to me the most likely; TaxCalc certainly does not warn you have not done this note and no idea re other software.

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Replying to DJKL:
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By leicsred
02nd Oct 2019 12:12

Digita doesn't either as I often see it when I review our accounts before submitting (often but potentially not always...)

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By paul.benny
02nd Oct 2019 15:55

Is this curiosity or do you have a more specific reason for asking?

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By rockallj
07th Oct 2019 12:31

This is a note which gets missed by many as it wasn't relevant under the FRSSE.

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