Wow. Excellent and presented in a simple understandable way unlike my accountant who charges £2k for doing my company accounts! :) Quick question please: if I invest £10k from (from my chartered accountant's Balance Sheet) 'Retained Earnings' into a 1 Year Bond (in my name as sole director) is it legal? I know it is a 'risk' and the interest would be a realised gain thus taxable when I declare my income. Thanks
Hi Aidhan , Watched some of your videos. Very insightful.. I have a couple of questions which also might be helpful to many people. 1. If someone from India wants to establish a manufacturing company in the U.K. Or wants to buy existing company how does this happen? Because, if it is for big companies it's easy as they have contacts.(Example: Tata acquired jaguar Land Rover.) 2. If the whole family is settled in the Uk and got permanent residency, but still we want to buy land in India as an investment. Do we need to establish a limited company or buying on personal name is okay?
Hi Nag, thank you for your questions. We'd be happy to help you with these through a discovery call which you can book as follows >>> aidhanfinancial.com/book-a-discovery-call
why we add revaluation surplus in retained earnings.. as it is not actual amount of money but FMV of property plant and equipment , so the gain on asset is not actual and we shift it in retained earnings , but we pay dividend through retained earnings and if we issue share then the cost or expenses are adjusted by retained earnings .. so it means we have money in that acccount then why we add revaluation surplus ,, kindly clear bmy doubts
This was incredibly easy to digest, coming from someone who has zero accounting background. Thank you so much for this! You’ve earned a subscriber.
Hi Marla - thank you for your positive comment and support 😊 I'm really grateful that my content is useful and adds value to you.
That is a solid video Tony. Clear and easy to understand. Appreciate it
You're welcome Kyle and thank you for your comment and support
I loved how simply you explained everything!!!!!
Great explanation! Very easy to understand!
Thank man. Am not a financial guy. This was a doubt I always had when I think of the Balance Sheet.
You're welcome dev sk 😊
This video was really clear indeed.
You're welcome Chiara 😊
That was useful, more video's like this are useful my understanding of CIMA. Do you have a video on on Tax Written Down Value
Great video, so easy to understand
Hi Gerwyn thank you for your positive comment and support 😊 I'm really grateful that my content is useful and adds value to you.
Thank you for your video. Very informative. Do you keep your retained earnings in a separate account?
Finally I understood 😂 Thank you
Thank you so munch!
Thank you professorm than you so much :)
Thank you Tony. Why is share capital £1? How about the money I could have invested in starting the company?
Hi quick question you said in UK it is known as capital and reserve? What it is call? Retained earnings ?? I am confused
Hi can you explain what is retained payments?
Wow. Excellent and presented in a simple understandable way unlike my accountant who charges £2k for doing my company accounts! :)
Quick question please: if I invest £10k from (from my chartered accountant's Balance Sheet) 'Retained Earnings' into a 1 Year Bond (in my name as sole director) is it legal? I know it is a 'risk' and the interest would be a realised gain thus taxable when I declare my income. Thanks
Hi Flip Flop - assuming you are a sole trader business then I don't see an issue - the interest is taxable to 'interest income (income tax)
Hi Aidhan ,
Watched some of your videos. Very insightful.. I have a couple of questions which also might be helpful to many people.
1. If someone from India wants to establish a manufacturing company in the U.K. Or wants to buy existing company how does this happen? Because, if it is for big companies it's easy as they have contacts.(Example: Tata acquired jaguar Land Rover.)
2. If the whole family is settled in the Uk and got permanent residency, but still we want to buy land in India as an investment. Do we need to establish a limited company or buying on personal name is okay?
Hi Nag, thank you for your questions. We'd be happy to help you with these through a discovery call which you can book as follows >>>
aidhanfinancial.com/book-a-discovery-call
why we add revaluation surplus in retained earnings.. as it is not actual amount of money but FMV of property plant and equipment , so the gain on asset is not actual and we shift it in retained earnings , but we pay dividend through retained earnings and if we issue share then the cost or expenses are adjusted by retained earnings .. so it means we have money in that acccount then why we add revaluation surplus ,, kindly clear bmy doubts
Hi what is retained payments