I started a small company in 2005. I mainly sold computer products to family and friends, sometimes for no profit. The business was more of a hobby, never went full time into it as I had a job.
The company is registered as a cc and VAT registered.
I need to submit my audit reports.
I am basically a one man band, and I have not drawn a salary. I purely bought goods as needed, and resold to friends or family.
My questions: Do I need to get my books audited ? Even if I was not making huge profits (sometimes none) Plus I don't have the money for an audit as i am now unemployed
What is the Public Interest Score?
How do I get them audited ?
I would like to go full time into this business now and need to get everything sorted.