Recent content by hanssthl

  1. H

    Micro-entity Balance Sheet

    My understanding is that the UK, for a limited company's balance sheet, long-term loans like "Creditors: amounts falling due after more than one year" should be entered as a positive figure under liabilities. This indicates the amount we owe that will not be paid off within the next accounting year.
  2. H

    Micro-entity Balance Sheet

    Thx for the answer @DWS! The 'loan' will not be paid back for a very long time, so it's ‘greater’ than a year. We are using the accounting software Bokio and I have added the info below. Balance Sheet in Bokio: Assets Fixed Asstes: 0 Current assets 1200 Bank Account: 4,005.56 Total...
  3. H

    Micro-entity Balance Sheet

    Filling in our Micro-entity Balance Sheet with companies house and got stuck on Creditors’ Amounts Falling Due Within One Year, in my accounting system it says: 10.000 GBP Long-term loan that we have with the bank. But in the system it does not have a minus sign, but it's a loan, so what should...
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