I maintain my tax payments and books (accounting spreadsheets) in order btw via my accountant and have paid 1 lot of Corporation tax, next a single due around Summer season. In Asia, at full moon on Wednesday 25th November 2015, Neil Keenan was elected M1 Monetary Controller of The Global Collateral Accounts These accounts contain quite a few quadrillions of gold and asset-backed securities ($93Q are said to have been audited).
On a much more sensible level, if your company would genuinely notice the saving in accountancy charges of numerous hundred pounds (and you can only dream of obtaining a £6 million turnover) then you are almost certainly exempt from getting audited accounts.
If a enterprise fails to deliver its quarterly accounts on time then each and every director, like chief executive and chief accountant of the corporation who has knowingly by his act or omission triggered such default would be liable to a fine not exceeding one particular hundred thousand rupees and to a further fine of one particular thousand rupees for every day during which the default continues.
The Council is needed to prepare an annual statement of Accounts by the Nearby Authority Accounts (Scotland) Regulations 1985, which section 12 of the Nearby Government in Scotland Act 2003 call for to be prepared in accordance with suitable accounting practice.
All charities which are required to have their monetary statements audited under the Charities (Accounts and Annual Report) Regulations are essential to comply with either the Financial Reporting Standards (FRS) or the Charities Accounting Typical (CAS).