CIC (Comunity Interset Company)Accounts
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 .
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 .
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Comments
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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.0 -
Thankyou for that info ....0
