GENERAL BUSINESS

Issues to consider when running your own business.

Click on the links below to access the relevant information.

Accounting records

What records should you keep – and for how long? At SKZ Chartered Certified Accountants we can advise businesses in the Essex area on keeping financial, tax, accounting and other records. Here are some of the key points. One of the most commonly asked questions faced by accountants is what accounting records a business must … read more Accounting records

Bribery Act 2010

This factsheet gives an overview of the procedures you must put in place in relation to the Bribery Act 2010. Under the Bribery Act 2010 it is an offence for organisations to 'fail to prevent bribery'. The defence against this offence is to ensure that your business has adequate procedures in place to prevent bribery. If … read more Bribery Act 2010

Company Secretarial Duties

This factsheet considers what company information has to be made available and looks at whether a company secretary needs to be appointed. Certain information about a company must be publicly available including, for example, the company's annual accounts, registered office address and details of directors, company secretary (if there is one) and members. Providing and … read more Company Secretarial Duties

Criminal Finances Act 2017

The Criminal Finances Act makes companies and partnerships criminally liable for failing to prevent tax evasion. This factsheet considers the key aspects of the Act and the implications for your business. The Criminal Finances Act makes companies and partnerships criminally liable for failing to prevent tax evasion. At SKZ Chartered Certified Accountants, we can provide … read more Criminal Finances Act 2017

Directors’ Responsibilities

Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. This factsheet gives guidance on directors’ responsibilities. Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. If you are located in the Essex area we, at SKZ Chartered Certified Accountants, … read more Directors’ Responsibilities

Franchising

Franchising is becoming increasingly popular. This factsheet considers the advantages and disadvantages of franchising and points to consider when considering operating as a franchise. We consider the advantages and disadvantages of franchising and operating issues. If you are considering entering into a franchise in the Essex area we, at SKZ Chartered Certified Accountants, can help … read more Franchising

Fraud and how to spot it – ten step guide

This factsheet considers how you can increase your awareness of the factors that indicate fraud. It also sets out the defences that you can implement to minimise the risk within your business. How can you increase your awareness of the factors that indicate fraud? We also set out the defences that you can implement to … read more Fraud and how to spot it – ten step guide

Grants

We consider if your business is eligible for a grant. Grants are sums of money awarded, by the government or other organizations, for a specific project or purpose. Generally, the amount is not repayable. If your business is in the Essex area we, at SKZ Chartered Certified Accountants, can help you find an appropriate source … read more Grants

Micro Entity Accounting

This factsheet considers the options available to micro entities when preparing their accounts. This factsheet considers the options available. This factsheet considers the options available to micro entities when preparing their accounts. At SKZ Chartered Certified Accountants, we can provide guidance on the options available and their implications in the Essex area. Small companies, which … read more Micro Entity Accounting

Narrative Reporting

An explanation of the directors' report requirements faced by private companies. We consider what the narrative reporting requirements of private companies. If you live in the Essex area we, at SKZ Chartered Certified Accountants, can provide advice to ensure that your accounts include information which is appropriate to your business. It has long been established … read more Narrative Reporting

Preparing for your accountant

Whether we are producing your accounts or carrying out tax compliance work, being prepared for us will ensure our work is carried out smoothly and efficiently and with the minimum disruption to yourselves. This factsheet highlights many of the ways in which you can help. Thank you for allowing us, at SKZ Chartered Certified Accountants, … read more Preparing for your accountant

Register of people with significant control

This factsheet summarises the requirements which place additional obligations on companies, their officers and the people with significant control over them. All companies are required to keep a Register of People with Significant Control (PSC) and to file relevant information at Companies House. At SKZ Chartered Certified Accountants, we can provide guidance on PSC obligation … read more Register of people with significant control

Running a limited company

Running a limited company presents a range of unique challenges and responsibilities. Limited companies are subject to tight reporting and financial responsibilities and the directors of the limited company have their own duties and responsibilities. Running a limited company presents a range of unique challenges and responsibilities. At SKZ Chartered Certified Accountants, we can provide … read more Running a limited company

Securing business success

As many as half of all businesses fail in their first three years of trading, this factsheet summarises the specific reasons for business failure and how to avoid them. Here are the reasons for business failure. If you are considering, or have recently started a business in the Essex area we, at SKZ Chartered Certified … read more Securing business success

Small Company Accounting

We consider the required format of statutory accounts for small companies. This factsheet considers the reporting requirements and their impact. We consider the reporting requirements and their impact. At SKZ Chartered Certified Accountants, we can provide guidance on the reporting standards in the Essex or surrounding areas. The required format of statutory accounts that small … read more Small Company Accounting

Valuing your business

There are many reasons why you may need to calculate the value of your business. This factsheet consider the range of methods available as well as some of the factors to consider during the process. There are a number of methods available to calculate the value of a business. It is not a precise science … read more Valuing your business