Company Accounts help - Free Business Forum UK

Hi There

Fo reasons out of my control my accountant didn't bother to send off my accounts. I have no way of contacting him now and I have HMRC on my back. All I have is the abbrieviated accounts. Just wondering if someone could have a look at the two below and see if they can make any sense of it?

I am looking to get another accountant but would like to understand first so the above doesnt happen again.

thanks

Balance Sheet - A.Accounts

Current Assets
Cash in hand & at bank 8,613

Total current assets 8,613

Creditors falling within one year (1,362)

Net Current Assests 7,287

Total assests less liabilities 7,287

Capital reserves 100
Profit and Loss Account 7,187
Shareholder funds 7,287

Income Statement

Turnover
Income Generated 15,623.00
Intrest Received 10.00
15,633.00
Costs of Sales
Direct Costs

Gross Profit 15,633.00

Expenditure
Motor&Travel 348.05
Printing,Postage &Stationery 30.53
Telephone/Internet 863.65
Marketing&Promotion 0.00
Accounting&Legal 1,206.00
Insurance 392.00
Premises Costs 1,000.00
Bank Charges 12.00
Business Tools 985.52 4,837.75

Net Profit 10,795.25

Any help would be much appreciated, thanks guys x

Source: http://www.freebusinessforums.co.uk/accounts-finance-tax-affairs/33510-company-accounts-help.html

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