Hello and thank you all very much for your responses.
I've checked last year's return line by line and definitely didn't submit a balance sheet. I can't understand how the system accepted it but unfortunately I have no more information here. However, if I need to fill this in for the system to accept my tax return, I can do this.
I've also checked my Companies House return and the answer for Called up share capital is definitely 1.
Here are the figures as requested up to AC80 - I can't see the others on this year's or last year's return.
PROFIT AND LOSS
PROFIT OR (LOSS) BEFORE TAX
PROFIT OR (LOSS) FOR THE YEAR
DIVIDENDS FOR THE PERIOD
TRANSFERRED TO RESERVES
TOTAL FIXED ASSETS
CASH AT BANK AND IN HAND
TOTAL CURRENT ASSETS
CREDITORS DUE WITHIN ONE YEAR
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS DUE AFTER MORE THAN ONE YEAR
PROVISION FOR LIABILITIES
TOTAL NET ASSETS
CAPITAL AND RESERVES
CALLED UP SHARE CAPITAL
PROFIT AND LOSS ACCCOUNT
TOTAL SHAREHOLDERS FUNDS
STATUTORY ACCOUNTS NOTES
profit and loss - opening balance
profit for the period
equity dividends paid
Just having breakfast, will respond thereafter! Have you tried inputting these on the HMRC platform?
Hello, yes please, the system still won't accept box AC80. This is the message that comes up:
X ERROR:The balance sheet does not tally. Shareholders funds must equal the total net assets (liabilities). Please check your figures and correct your entries as necessary.
Thank you very much.
Thank you very much. I can't get to sections AC184-7. Are these on the next page?
I have inputted all these figures for last year and haven't made any changes to this year's figures.
I'm going out shortly so may be offline for a while - will pick up later today.
Thank you for your reply. Don't worry about Boxes AC184-187 for the moment.
May I suggest you deal with one expert to help you complete CT600 to avaoid confusion etc.
Now we come to this year. There is an error on the balance sheet as BoxAC68 should equal Box AC80 where as you have a difference of £3,305 (Net assets are greater than Shareholders funds). There could be several reasons for that... I would like you to revisit the following: Were there any debtors at year end? Is your profit for the year correct? Did the company owe you any money at year end? Is Box AC54 reflecting both cash in hand and balance at bank? Here is Balance Sheet for this year showing the difference for your perusal.
profit and loss – opening balance
IT would appear to me that there were creditors at year end that have not been fully reflected in the accounts.You would appear to have creditors at last year end of at least 1,460 as per previous posting.Here is a balance sheet with creditors and this clears the error. Before you accept it to be the amount owed by the company, I would like you to review your creditors including monies owed to you at year end.
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Thank you very much indeed for this. I have re-checked and have now been able to balance this.
I'm now on boxes AC215-218 and 184-187.
I can't get the sums to reconcile and don't know why. I have input the figures exactly as you did above and the system won't accept it at 187:
X ERROR:The retained profit at 2013-06-30 must tally with the value in the balance sheet. Please check and amend your entries.
Can you help, please?
Thank you very much - this is fantastic! I just wanted to let you know I've completed and submitted the form.
Brilliant service and I shall recommend to others.
If you are happy and there are no more issues I will appreciate if you would kindly rate the service I provided to ensure I get paid for it.