[Rickwood Portpatrick]

Hi Mike

Thanks for that. Yes, what I really meant was that while they (limited companies) can do their own book-keeping and, indeed, prepare their own accounts I had thought there was a requirement for them to be audited by an accountant. It seems however that there is no requirment for auditing in the case of small companies

Having said that, I don`t think I have ever dealt with a Limited Company which didn`t have accountant prepared accounts!