How To Do Limited Company Accounts

This video is how to do limited company accounts in the most cost effective way possible.

#limitedcompanyaccounts #accounts #companyaccounts

00:00 - Intro
01:07 - How not to do your accounts
03:13 - Cost effective way to do accounts
03:44 - Reconciling your accounts
04:21 - Expenses
04:55 - Filing physical receipts
06:03 - Profit and Loss
07:00 - Personal expenses
08:48 - Directors Loan
09:57 - Finding an accountant
10:43 - Don't pay too much
I've been running small businesses for 14 years and at the start of my business career I had no idea how to do my company accounts. I turned up to my first meeting with an accountant with a folder full of receipts and a few bank statements.

I paid the price as that year (and the following one) I was hit with high accountancy fees. I had no idea how to do Limited Company Accounts at this time.

Over time I found out that it's easier and a heck of a lot cheaper to do the vast majority of the work myself. At the end of my tax year I give an accountant my final numbers and I pay her £40.

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Видео How To Do Limited Company Accounts канала Business and Life Mastery-ish