Accounting Basics: Assets

Assets are things owned by a company, a country or an individual which hold some monetary value. Assets can be further categorised into two types: non-current assets (fixed assets) and current assets.

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Accounting basics: The Balance Sheet

A balance sheet of any company is a very important financial document which lists the assets, liabilities, and capital of a business for any given period of time.

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Accounting basics: The Profit and Loss Statement

Profit and loss statement (P&L), also known as an income statement, statement of profit and loss, or income and expense statement, is one of the three most important financial statements of any company.

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Account formatting and submission by AccountsTemplate.co.uk

AccountsTemplate.co.uk helps people looking for a Statutory Accounts template for their business.
The main reason for formatting in the Statutory Accounts template is to be able to submit accounts to Companies House and HMRC. Knowing this, we have made this process as simple as can be for business owners.

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