I pride myself on being quite organised and a ‘together’ kind of person. However, I totally slipped up on my HMRC/Companies House duties. My thinking was that as I’m not selling anything yet and therefore not making any money, HMRC and Companies House don’t care about my business.i
INCORRECT MY FRIEND.
Once you register a company, it’s a matter of time before you’ll have to file certain documents and keep up to date with your HMRC and Companies House duties. Nothing makes me learn anything quicker than a penalty. So due to my negligence I have a few fines to pay now. The good news now is that it’s forced me to understand the process. I’ve also appointed an accountant to help me stay up to date and above board on all my responsibilities as a company director.
If I had to do it again I probably wouldn’t have incorporated Mummy’s Muse so early as the first year was a lot of research and the second year was a lot of set up.
I’m realising there are points within this process that I find myself slowing down further and further and further still, before I get stuck. It’s not a conscious slowing down, it’s more like things are becoming muddy and difficult and heavy. Things aren’t feeling right. What gets me out of these ruts? I’ve learned I …
This week production re-commenced in our manufacturing location which was a huge milestone for me. It’s been lots of starts and stops as a result of COVID related restrictions. When production did start again in factories, PPE was prioritised, but now it looks like everything is up and running again. I’m waiting to get a …
Quick process post today. The last few weeks have been about colour trials. I’ve been taking my prints and interperting them into different colour ways. The three colourways you can see here are just a fraction of the trials I’ve completed. I’d never used Adobe Illustrator before I started this journey and initially it was …
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Get An Accountant…
…or get your head out of the sand.
I pride myself on being quite organised and a ‘together’ kind of person. However, I totally slipped up on my HMRC/Companies House duties. My thinking was that as I’m not selling anything yet and therefore not making any money, HMRC and Companies House don’t care about my business.i
INCORRECT MY FRIEND.
Once you register a company, it’s a matter of time before you’ll have to file certain documents and keep up to date with your HMRC and Companies House duties. Nothing makes me learn anything quicker than a penalty. So due to my negligence I have a few fines to pay now. The good news now is that it’s forced me to understand the process. I’ve also appointed an accountant to help me stay up to date and above board on all my responsibilities as a company director.
If I had to do it again I probably wouldn’t have incorporated Mummy’s Muse so early as the first year was a lot of research and the second year was a lot of set up.
One lives, (pays their fines) and learns.
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Pivot
I’m realising there are points within this process that I find myself slowing down further and further and further still, before I get stuck. It’s not a conscious slowing down, it’s more like things are becoming muddy and difficult and heavy. Things aren’t feeling right. What gets me out of these ruts? I’ve learned I …
In Search of Balance
This week production re-commenced in our manufacturing location which was a huge milestone for me. It’s been lots of starts and stops as a result of COVID related restrictions. When production did start again in factories, PPE was prioritised, but now it looks like everything is up and running again. I’m waiting to get a …
Colour Trials
Quick process post today. The last few weeks have been about colour trials. I’ve been taking my prints and interperting them into different colour ways. The three colourways you can see here are just a fraction of the trials I’ve completed. I’d never used Adobe Illustrator before I started this journey and initially it was …