The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.

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Presentation transcript:

the business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser

the business of life Company Closure

Takes much longer than you might imagine Important part of the Learning Process Set a target date for liquidation Powerpoint available to use with students

Company Closure - Process Produce Final Report and Accounts Hold an AGM – Repay Shareholders (with Dividend) and/or distribute profits as per Social Enterprise Model Liquidate the Company - 31 July deadline – Pay outstanding YE VAT & Corporation Tax – Insurance cover ends – Close Bank Account Complete end of year Self-assessment – Download Personal Certificate of Progress

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