Dividends on Abbreviated Accounts

[zpeti]

Hi,

I own a fairly small business, and I am just now filling out the abbreviated accounts I have.

Now my question is, I made a profit of about £2400 in 2008, and paid myself dividends of £2000 that year.

However on my balance sheet there is nowhere to put the £2000 dividends to balance it. Where do I put it? Shall I put profit and loss as £400? Otherwise my cash in hand just doesn't match up.

Thanks,
Peter

[elainec100@cheapaccounting]

it comes off the profit and loss account in your capital and reserves.

You will need full accounts for HMRC (for your CT600) so these will show it.