Want to know more about Potters Bar? Here is some information from wikipedia:

“Potters Bar was located on the Great North Road, one of two road routes from the City of London to the north of England.[6] The road was originally numbered as the A1, and later the A1000.

Potters Bar was historically part of Middlesex[7] and formed the Potters Bar Urban District of that county from 1934.[8] From 1894 to 1934 its area had formed the South Mimms Rural District.[9] In 1965 the district was transferred to Hertfordshire while most of the rest of Middlesex became part of Greater London.[10][11]

The urban district covered an area of 6,129 acres.[8] In 1939 it had a population of 13,681 and in 1971 this was 24,613.[12] In 1974 the urban district was abolished and the area became part of the borough of Hertsmere. Having been part of Middlesex, the area continued to form part of the Metropolitan Police District; with the creation of the Greater London Authority it was transferred to the Hertfordshire Constabulary in 2000.” Source wikipedia

Accountants Potters Bar

Want to know more about Sawbridgeworth? Here is some information from wikipedia:

“Sawbridgeworth is a small, mainly residential, town and also a civil parish in Hertfordshire, England.Sawbridgeworth is four miles south of Bishop’s Stortford, twelve miles east of Hertford and nine miles north of Epping. It lies on the A1184 and has a railway station that links to Liverpool Street station in London. The river Stort flows through the east of the town, past the Maltings (now a small business and residential area).” Source wikipedia

Accountants Sawbridgeworth

If GAAP are not the principles used for preparing financial statements, then a business needs to make clear which other form of accounting they’re used and are bound to avoid using titles in its financial statements that could mislead the person examining it.

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Profit making activities are reported in the income statement; financing and investing activities are found in the statement of cash flows. In other words, two different financial statements are prepared for the two different types of transactions. The statement of cash flows also reports the cash increase or decrease from profit during the year as opposed to the amount of profit that is reported in the income statement.

The balance sheet is different from the income and cash flow statements which report, as it says, income of cash and outgoing cash. The balance sheet represents the balances, or amounts, or a company’s assets, liabilities and owners’ equity at an instant in time. The word balance has different meanings at different times. As it’s used in the term balance sheet, it refers to the balance of the two opposite sides of a business, total assets on one side and total liabilities on the other. However, the balance of an account, such as the asset, liability, revenue and expense accounts, refers to the amount in the account after recording increases and decreases in the account, just like the balance in your checking account. Accountants can prepare a balance sheet any time that a manager requests it. But they’re generally prepared at the end of each month, quarter and year. It’s always prepared at the close of business on the last day of the profit period.