I was surprised to see a set of abbreviated accounts which only includes the net "Profit and Loss account" figure.
So no need to mention things like sales and costs of sales etc.
I was surprised to see a set of abbreviated accounts which only includes the net "Profit and Loss account" figure.
So no need to mention things like sales and costs of sales etc.
That's right. No P+L - just abbreviated Bal. Sheet. But note that a number assorted declarations still have to be included if applicable.
Many thanks - I'm just surprised that figures of sales etc need not be included. So in theory a company can have virtually a nil return yet have a substantial turnover!
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