After completing the company formation process, the director's roles and responsibilities come next. As a director, you are required to perform certain duties. The duties include overseeing the well-being of the employees, strategic decisions and ensuring that the company complies with all legal and financial obligations. More details are as follows:
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The director of a Limited company is required by law to produce accounts and file them with HMRC and Companies House. dns will take care of the preparation and the filing of your accounts on time so that you’re never charged a penalty for late filing.
Proper records must be maintained as defined by the Companies Act and HMRC. dns will guide you on how to keep and maintain your records, and ensure that you’re always on the right side of the law.
A director of a company is responsible for filing the company’s annual return to Companies House. An annual return is a list of officers of the company and the shareholders of the company as of a particular date. Non-compliance results in the company’s name being struck off from the Companies’ Register. dns will ensure that your annual returns are always filed on time.
dns will ensure that you never miss a payment by reminding you when it is due. We encourage all our clients to use the dns online accounting portal, which will be available for small businesses very soon. Meanwhile your account manager at dns will remind you of all your due dates and tell you how much you owe and when.
Late payments and late filing of statutory paperwork results in penalties and so, obviously, a responsible and organised approach to your business is desirable; it is also important that you set aside the funds in the company account to pay your tax bills.
With dns everything is taken care off without fail: yes, by everything, dns means everything, and no hidden surprises.
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“Been with DNS Accountants for more than a year I would highly recommened their services. My account manager Sneha has been very helpful and helped with accounts and queries swiftly always! Having a good accountant means you can fully focus on your business, not worry about accounts and tax matters. Thank you DNS :-)”
“I have been extremely satisfied with the service I have been receiving close to past 1 year. Very professional, transparent and helpful. Special mention of my Account Manager Minakshi Arora who made my transition very smooth and always ready to go that extra mile to support and make customer happy. Definitely recommended.”
“I've recently set up a Ltd. Company and signed up with DNS for my accounting services. I've found it very good value for money and hugely helpful in terms of advice and guidance. I have a named Account Manager, Sneha Gurudutta, who keeps in contact with me and offers advice on line and on the phone... I'm really pleased with the service.”
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