Do what you like Section 15 CA2006 makes no reference to paper quality or colour. We got through a change of name certificate that was on green, original certs tend to be beige.
I suggest you print them on whatever paper you think is most going to impress your clients and looks good when displayed.
Madness! It's not difficult to work out where this country is going wrong is it!
Surely a sandwich wrapper is ones own waste to dispose of how one wants. Presumably if they put the marketing rubbish back in the post it would be problem solved.
Clutching at straws? I believe the dividend is not illegal if at the time it was paid there were sufficient distributable reserves to pay it. If you can locate management accounts at the time showing sufficient reserves then you might clear that hurdle.
Costs to be capitalised You might capitalise costs associated with the lease i.e. stamp duty, legal fees and amortise over the lease term but you wouldn't normally capitalise it as a finance lease (unless rentals are more than 90% etc)
Up a gum tree! The following paragraphs are taken from the IAS Plus summary of IAS 1
Comparative Information
IAS 1 requires that comparative information shall be disclosed in respect of the previous period for all amounts reported in the financial statements, both face of financial statements and notes, unless another Standard requires otherwise. [IAS 1.36]
If comparative amounts are changed or reclassified, various disclosures are required. [IAS 1.38]
Reporting Period
There is a presumption that financial statements will be prepared at least annually. If the annual reporting period changes and financial statements are prepared for a different period, the enterprise must disclose the reason for the change and a warning about problems of comparability. [IAS 1.49]
Logic dictates that you can't have overlapping periods, unless you are consolidating but if anyone has a get out i'm sure you will appreciate it!
Changing from salary to divs? We act for a company where the husband and wife shareholders have received remuneration, partly for mortgage application reasons - has also helped with SMP. If they were to change to the £5k remuneration + divs route are HMRC more likely to get agitated than if they were starting from scratch?
It depends... I assume the client isn't VAT registered which would be more of a problem?
If he is keeping a record and noting the fee charged and this seems reasonable with no big gaps in income then I would think you are ok. He could produce a set of invoices that agreed to his book but it wouldn't really prove anything. All you have to ask is if the total income he is declaring is way under what you would expect. If you really want you could knock up a letter of rep for him to sign.
From an accounting viewpoint you can estimate the sales mix of adult/children's clothing based on purchases.
I assume you have all the bank statement/credit card statements etc?
Shame a company is involved really. I had a similar situation a few years ago with a transfer from a sole tradership to a company with no clearly defined break. We just took a view and hoped for the best. Can't imagine the accountant will want to redo the job you've done. Apart from being prudent when claiming expenses and sensible about what is included as income all you can aim for is a set of accounts that looks like it makes sense.
My answers
Do what you like
Section 15 CA2006 makes no reference to paper quality or colour. We got through a change of name certificate that was on green, original certs tend to be beige.
I suggest you print them on whatever paper you think is most going to impress your clients and looks good when displayed.
Madness!
It's not difficult to work out where this country is going wrong is it!
Surely a sandwich wrapper is ones own waste to dispose of how one wants. Presumably if they put the marketing rubbish back in the post it would be problem solved.
And and etc
I think it makes sense with 5 "and"s
Reminds me of the had had had had etc thing
http://www.geocities.com/oosterwal/puzzle/had.htm
ILEA
Not Inner London Education Authority then?!
Clutching at straws?
I believe the dividend is not illegal if at the time it was paid there were sufficient distributable reserves to pay it. If you can locate management accounts at the time showing sufficient reserves then you might clear that hurdle.
Costs to be capitalised
You might capitalise costs associated with the lease i.e. stamp duty, legal fees and amortise over the lease term but you wouldn't normally capitalise it as a finance lease (unless rentals are more than 90% etc)
Up a gum tree!
The following paragraphs are taken from the IAS Plus summary of IAS 1
Comparative Information
IAS 1 requires that comparative information shall be disclosed in respect of the previous period for all amounts reported in the financial statements, both face of financial statements and notes, unless another Standard requires otherwise. [IAS 1.36]
If comparative amounts are changed or reclassified, various disclosures are required. [IAS 1.38]
Reporting Period
There is a presumption that financial statements will be prepared at least annually. If the annual reporting period changes and financial statements are prepared for a different period, the enterprise must disclose the reason for the change and a warning about problems of comparability. [IAS 1.49]
Logic dictates that you can't have overlapping periods, unless you are consolidating but if anyone has a get out i'm sure you will appreciate it!
Changing from salary to divs?
We act for a company where the husband and wife shareholders have received remuneration, partly for mortgage application reasons - has also helped with SMP. If they were to change to the £5k remuneration + divs route are HMRC more likely to get agitated than if they were starting from scratch?
It depends...
I assume the client isn't VAT registered which would be more of a problem?
If he is keeping a record and noting the fee charged and this seems reasonable with no big gaps in income then I would think you are ok. He could produce a set of invoices that agreed to his book but it wouldn't really prove anything. All you have to ask is if the total income he is declaring is way under what you would expect. If you really want you could knock up a letter of rep for him to sign.
Resign?
Might be the best option!
From an accounting viewpoint you can estimate the sales mix of adult/children's clothing based on purchases.
I assume you have all the bank statement/credit card statements etc?
Shame a company is involved really. I had a similar situation a few years ago with a transfer from a sole tradership to a company with no clearly defined break. We just took a view and hoped for the best. Can't imagine the accountant will want to redo the job you've done. Apart from being prudent when claiming expenses and sensible about what is included as income all you can aim for is a set of accounts that looks like it makes sense.