Limited Companies: How to use 10 Minute Accounts
As a Ltd company, you can use 10 Minute Accounts for bookkeeping purposes.
However please note that the software does not itself prepare a full set of records as required by Companies House. Clients that use our software as a Ltd. company tend to pass the completed books to an accountant for formal preparation. If you have a smaller company with a turnover under £6.5 million, you may prepare these records yourself – using the figures from 10 Minute Accounts to confirm the bookkeeping totals for the year.
If your company is incorporated, please contact support to confirm status and to provide the date your accounts are made up to (or the date you started trading). We can then adjust your profile to enable additional functionality and categorisations, such as the ability to classify transactions as Director Loans or Dividends, etc.