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You will need to fill in the self employed pages of the self assessment to deal with your income from self employment. Profits made through the Ltd company are completely different, and depending on how you deal with them should be declared as dividend income or salary.
Re assets, there can...
www.accountingweb.co.uk may be a good place to start. It is, however, a site designed for accountants, so unless you have some experience much of it may go over your head.
The trick is to bring the earnings down to your taxable allowance and carry forward the purchase of the van to future years using the AIA to use against future profits.
If you haven't got an accountant you really need to get one to talk this through with you.
You'd have a hard time creating your own balance sheet if you haven't done it before without the help of an accountant. If you haven't done so, you really need to contact one asap.
I think what you're seeing as a problem is a possible opportunity to drive down your tax bill. "Selling" your business to the the Ltd company can have tax advantages due to the way Capital Gains are taxed in comparison to Income.
If you're interested, we've started to provide a service on...
With a request like this, you really need your own accountant. Anyway, here goes (on the proviso that I'm only going on the information given above)
If you're self employed you can use the loss to set off against employed income. You'll need to file a self assessment and check the right boxes...
Had a client yesterday who was asked for a UTR when claiming tax credits as self employed. Give them a call and explain your situation, they may not NEED it to process your claim.
Do you have an accountant on board? Not employing one could be a false economy and they can obviously help with numbers.
With regard to the business plan:
- SWOT (Strengths, Weakneses are internal and Opportunities, Threats external)
- PEST (or Pestl)
- What if analysis
.... I could...
ALWAYS make sure they're qualified too. Anybody can call themselves an accountant and I've seen some real clowns out there giving some dangerous "advice".