The bookkeeping is complete, said the previous accountant.

▤ Summary

The PPA committed the cardinal sin of not bothering to update the bookkeeping file, in this case Xero, to agree to the year-end accounts. The guys running the business couldn’t get an accurate report from their accounting software. You can’t just press a button and get a good sense of the financial performance of the business over the last few years. Two see two successive accountants not bother was something of a shock but I guess old habits die hard. So check your books and make sure they agree to the accounts at Companies House.

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