I am currently a Sole Trader but now looking at forming a private Limited Company.
I am worried however that my competitors will be able to see how i’m trading after my 1st year accounts have been filed with them & this could affect my market credibility.
What sort of information can the public access after i have filed my annual accounts (i.e.- would they just see Share Capital or would they see my Net Profits, Balance Sheet, P&L, etc.).
Any help would be greatly appreciated here. Many thanks.


PaulsCorner Blogs

I would have thought – 12 month annual accounts, a profit and loss account and balance sheet.
Perhaps also a 12 month cash flow forcast for the upcoming year?
Any idea whether there is anything that should be added to this?


PaulsCorner Blogs

An A level question.

How are the final accounts affected, when stolen stock is found?
Please explain answer including accounting concepts.
Makes perfect sense.

How are the final accounts affected (balance sheet, trading account, profit and loss account) affected, If stolen stock is found.

After writing up the final accounts you realise stock is stolen. How have your final accounts been affected?


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