SH01 Form: Our Guide

SH01 Form: Our Guide

The SH01 form notifies Companies House when new shares are added to a private limited company. It’s also known as the ‘return of allotment of shares’. You only need to fill in an SH01 form when reporting changes that occur after incorporation. This is due to the...
What Is Accounts Payable?

What Is Accounts Payable?

When creating your company’s statement of financial position, accounts payable is an important section to get right – but what is accounts payable and which expenses does it include? In this blog, we explain everything you need to know about this key part...
Creating A Statement Of Financial Position: Our Guide

Creating A Statement Of Financial Position: Our Guide

The statement of financial position is one of the main aspects of a company’s financial statements. Others include the statement of cash flow, income statement, statement of changes in equity, and the notes to financial statements. Check out our guide below for...
Do I Need To Register For VAT?

Do I Need To Register For VAT?

Value-added tax, abbreviated to VAT, is an essential consideration for every company. It’s an indirect tax that can be added to goods and services at each stage in production. VAT is also considered a consumption tax because the consumer bears the entire tax amount at...
Cash Flow Problems: How To Spot Them And Avoid Them

Cash Flow Problems: How To Spot Them And Avoid Them

For your organisation to flourish and stay healthy, you’ll need to keep an eye on your cash flow. So, it’s important to know: What a cash flow is How a cash flow is generated How cash flow problems occur What is cash flow? A cash flow is the total amount of cash or...