Chartered Management Accountants | Milton Keynes
Who is required to sign company accounts?
Subject to certain exemptions, a company that meets the small company criteria in respect of a financial year is exempt from the requirement to have an audit of accounts for that year.
The conditions are:
It is important to note that there are many benefits and reasons for a company to have an audit. We will be pleased to discus these with you.
Companies that are not exempt include:
A company’s accounts must be signed on the balance sheet by a director as approved by the board of directors.
A Limited Company is a separate business entity that has been incorporated at Companies House as a legal person.
What options are available when I withdraw money from my limited company? Need advice on how to take out money from a limited company?