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bigduckontax, Accountant
Category: Tax
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I'm filling in a CT600. Our non-profit has no assets other

Resolved Question:

Hi Pearl, I'm filling in a CT600. Our non-profit has no assets other than £2556 in the bank (£5747 last year), so I put that in AC54 and AC55. These figures then appear in AC68 annd 69, total net assets. They also need to appear in AC80 and 81, Total member's funds. How do I make that happen?
Assistant: The Accountant will know how to help. Is there anything else important you think the Accountant should know?
Customer: I don't think so.
Submitted: 29 days ago.
Category: Tax
Expert:  bigduckontax replied 29 days ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be bale to help you with your question.

By inserting the relevant data in ACs80 and 81. Make sure that the Balance Sheet (BS) does indeed balance.

I do hope that you have found my reply of assistance.

bigduckontax and other Tax Specialists are ready to help you
Customer: replied 29 days ago.
You can't put it directly into AC 80 and AC81.
Expert:  bigduckontax replied 29 days ago.

Then the system will do it for you.

You may find it easier to ring me. I am on 01750 725420.