You may have heard that the statutory limits requiring businesses to conduct audits are changing soon. So, why does this matter? And what are the changes in audit limits? It matters because if you already must have your financial statements audited, then from April 2025, you have the option not to, depending on the size […]
Category Archives: Myers Clark News
23
Oct
Oct
As experienced accountants, we are accustomed to frequent changes from HM Revenue & Customs, but changes from Companies House are less common. However, there are proposed amendments to the Companies Act 2006 that will introduce identification verifications at Companies House. We are expecting more changes down the line as well so watch this space. A […]
Charities, Community, Myers Clark News
Charities Act 2022 – Implications for Permanent Endowment Funds
24
Jul
Jul
The Charities Act 2022 (the Act) has made some key changes to charity law. The Act, which received Royal Assent on 22 February 2022, amends the pre-existing Charities Act 2011 in certain areas. The major changes have come into force in stages, with the implementation of various provisions on 31 October 2022, 14 June 2023 […]
Accounting Tips, blog page, Business Tips, Cash Flow, Myers Clark News
Here’s how a successful family business primed and transitioned ownership for the next generation.
01
Jul
Jul
Even in the midst of success, many business owners are harbouring internal fears about the future. Family-owned Emery Little Wealth Management (EL) had successfully navigated the start-up and growth phases of their business. They were well established with a solid team, good clients, and regular revenue. Outwardly, their foundation seemed unshakeable. Internally, the owners were […]
17
Apr
Apr
Last October, the Economic Crime and Corporate Transparency Act 2023 (ECCTA) was introduced to tackle fraud and economic crime in the UK. One of its key objectives is to improve the quality of data held at Companies House. As a result, on 4th March 2024 changes at the Companies House came into being. Overview […]
19
Sep
Sep
Myers Clark has always believed that a strong Corporate Social Responsibility (CSR) is important for the company, its clients, and the community. For years, we have been helping financially where possible. Albeit in a very small way. We used to have dress-down days like the “mufty days” in school, and staff members would donate money […]