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Ask Your Own Question, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 5143
Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
Type Your Tax Question Here... is online now

This question is .uk. , after yr help yesterday

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This question is forCustomer
Hi, after yr help yesterday I now need assistance making my P&L and B/S tally. I'm going round in a loop!
Thank you for your question.Please provide me with details and I will help you. Many thanks
Customer: replied 2 years ago.

Ok! So... for this'll company a loss was made in 2013-14 of £1780. With £1 called up share cap, shareholders funds were -£1779. cash at bank/in hand closed at £1150 with £2930 creditor item (myself , having paid for cost of sales myself)

Y2 1st April 2014-31st March 2014

Sales revenue 4905

Cost of sales 2404

Gross profit 2501

Costs included office equipment £1554 to be depreciated @1/3 over 3 years

The creditor item was repaid out of revenue. £91 was paid to the company in cash by myself as the office equipment was charged in $ and I had estimated the exchange rate. £91 repayment was to reflect the actual $/GBP rate charged.

cash at bank was £721 at year-end.

I am attaching screenshots of where I have got to!


Thank you for additional information. There are some fundamental errors and maybe lack of understanding of accounting treatment.It would be helpful if we can discuss this in detail and I am happy to offer you additional service including a phone call.please advise if this is acceptable.
Customer: replied 2 years ago.
That would be great. My number is ***** but I can't take calls until after 4 today.
Thank you for your reply.

You have to accept my offer first and we can continue at your convenience. and other Tax Specialists are ready to help you
Customer: replied 2 years ago.


I thank you for accepting my offer.We will continue with this after 4:00pm
Simon, please find attached draft accounts for your perusal and filing. Best wishes