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T1E ILR, need management accounts

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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seasky
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Joined: Sun Nov 13, 2011 10:01 pm
United Kingdom

T1E ILR, need management accounts

Post by seasky » Mon Dec 19, 2016 10:36 pm

I can only think it could be needed for genuine entrepreneur test. I have audited accounts for 2015, do I need 2016 management accounts?

mcr2013
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Posts: 225
Joined: Fri Apr 12, 2013 11:51 am

Re: T1E ILR, need management accounts

Post by mcr2013 » Mon Dec 19, 2016 11:34 pm

i think if it is more than 2 months then u needed

awan905
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Joined: Sat Sep 17, 2016 8:48 am

Re: T1E ILR, need management accounts

Post by awan905 » Tue Dec 20, 2016 9:35 am

There is no such requirement of management accounts, as long as your annual accounts show that you have submitted the full amount which you have to invest.

seasky
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Joined: Sun Nov 13, 2011 10:01 pm
United Kingdom

Re: T1E ILR, need management accounts

Post by seasky » Tue Dec 20, 2016 9:56 am

awan905 wrote:There is no such requirement of management accounts, as long as your annual accounts show that you have submitted the full amount which you have to invest.
I have shown full investment during extension.

seasky
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Joined: Sun Nov 13, 2011 10:01 pm
United Kingdom

Re: T1E ILR, need management accounts

Post by seasky » Tue Dec 20, 2016 9:57 am

mcr2013 wrote:i think if it is more than 2 months then u needed

thx, do you have a source for this? (guidance? or the logic u use to reach this conclusion)

sm12
Diamond Member
Posts: 1069
Joined: Thu Jan 31, 2013 4:14 am

Re: T1E ILR, need management accounts

Post by sm12 » Tue Dec 20, 2016 10:26 am

Annual accounts post extension can be viewed by anyone at anytime on the beta site of Companies House, so you don't have to submit accounts if you have already shown investment at the time of extension.
But you can do so if you feel it will boost your application.

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