Xero Tax (UK) | Create accounts for company limited by guarantee
Create accounts for company limited by guarantee
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Mike Bettridge FCA
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Hi Mike 👋, this is already possible within Xero Tax for UK users.
The wording of the accounts will automatically be adjusted when creating a set of accounts for a company limited by guarantee. These changes are driven by the Company Registration Number saved within the Organisation Settings in Xero.
For FRS 1021a you should see the statutory information note now references the company is limited by guarantee and for FRS 105 the balance sheet statements will be updated. If this isn't in line with what you're experiencing please raise a case with our support team.
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Mike Bettridge FCA commented
Very simple, just does not have share capital