Accounts Query

[Purity]

I'm looking at my accounts filing from last year and see that my accountant had put a zero down for creditors due w/in one year and also for after one year. I don't believe I've seen any company have a zero in these rows before. My company hasn't any loans or credit cards but shouldn't the taxes that were due for that period go in one of those categories as well as any distributions to myself? Or are they perfectly fine to be a zero?...

 

[Scalloway]

Did you have to pay a tax bill relating to that accounting year?

 

[Truemanbrown]

What about the accrual for the accountant's fee?

 

[MyAccountantOnline]

I'm looking at my accounts filing from last year and see that my accountant had put a zero down for creditors due w/in one year and also for after one year. I don't believe I've seen any company have a zero in these rows before. My company hasn't any loans or credit cards but shouldn't the taxes that were due for that period go in one of those categories as well as any distributions to myself? Or are they perfectly fine to be a zero?...

That is unusual.

Certainly if your company has Corporation to pay that should be shown as a creditor due within one year.

You mention distributions - did you have unpaid dividends owing to you at the end of the year?

 

[MyAccountantOnline]

What about the accrual for the accountant's fee?

The OP may pay monthly.