CIC (Comunity Interset Company)Accounts

boston1
boston1 Registered Posts: 3 New contributor 🐸
Can anybody help !
do I treat CIC Accounts the same as Limited Company Accounts and do they have to be Audited.
I know a Comunity Interest Company Report has so be submitted with the Accounts to Companies House.. is there anything different I should know about... This is their fiirst Year of trading .

Comments

  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
    Audit requirements are the same as a regular company.

    There are a few additional disclosures that need to be in the accounts e.g. regarding transfers of assets to relatied parties.

    Further details on the CIC regulator website.
  • boston1
    boston1 Registered Posts: 3 New contributor 🐸
    Thankyou for that info ....
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