|
rapidformations.co.uk
|
0 earned Badges No badges were found
Definitions (145)
1 |
1
0
annual accounts
A statutory report detailing the financial activity of a company during its most recent 12-month financial year. The annual accounts must be delivered to Companies House within 9 months of the account [..]
Meaning awaits approval from a moderator |
2 |
0
0
abbreviated accounts
A shorter version of annual financial accounts, containing only a balance sheet and notes to the accounts. ‘Small’ companies may send abbreviated accounts to Companies House instead of full statutory [..]
Meaning awaits approval from a moderator |
3 |
0
0
accounting period
The period of time covered in a Company Tax Return. Limited companies must pay corporation tax on all taxable income from that period. It will normally begins when trading starts and ends on the accou [..]
Meaning awaits approval from a moderator |
4 |
0
0
accounting reference date
The date that signifies the end of a company’s financial year and the date to which the annual accounts must be made up to. It is normally the anniversary of the last day of the month in which the com [..]
Meaning awaits approval from a moderator |
5 |
0
0
accounting standards
The legal standards that limited company statutory accounts must meet – either International Financial Reporting Standards or UK Generally Accepted Accounting Practices (GAAP).
Meaning awaits approval from a moderator |
6 |
0
0
active
The term applied to a company that is trading and ‘active’ for corporation tax purposes.
Meaning awaits approval from a moderator |
7 |
0
0
admin portal
An online facility provided for our clients. It allows individual users to access and manage their company details online, and electronically update and file information with Companies House.
Meaning awaits approval from a moderator |
8 |
0
0
allotment of shares
This is the process of issuing (creating) more shares in a private limited company after it has been incorporated. Form SH01 ‘Return of allotment of shares’ must be completed and filed with Companies [..]
Meaning awaits approval from a moderator |
9 |
0
0
ard
See Accounting Reference Date
Meaning awaits approval from a moderator |
10 |
0
0
audit
An independent review of a company’s annual accounts, carried out by an accountant or auditor. The purpose is to ensure the financial statements are true and fair, prepared in accordance with the Comp [..]
Meaning awaits approval from a moderator |
To view all 145 definitions, please sign in.