The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business...
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Transcript of The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business...
![Page 1: The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.](https://reader034.fdocuments.in/reader034/viewer/2022051115/5697bf9a1a28abf838c9201b/html5/thumbnails/1.jpg)
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YE Company Programme
2014/2015 Training Resource
CL = Centre LeadBA = Business Adviser
![Page 2: The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.](https://reader034.fdocuments.in/reader034/viewer/2022051115/5697bf9a1a28abf838c9201b/html5/thumbnails/2.jpg)
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Company Closure
![Page 3: The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.](https://reader034.fdocuments.in/reader034/viewer/2022051115/5697bf9a1a28abf838c9201b/html5/thumbnails/3.jpg)
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
![Page 4: The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.](https://reader034.fdocuments.in/reader034/viewer/2022051115/5697bf9a1a28abf838c9201b/html5/thumbnails/4.jpg)
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
![Page 5: The business of life YE Company Programme 2014/2015 Training Resource CL = Centre Lead BA = Business Adviser.](https://reader034.fdocuments.in/reader034/viewer/2022051115/5697bf9a1a28abf838c9201b/html5/thumbnails/5.jpg)
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