Small fishing company (Pty Ltd) (small commercial fishing boat) needs audited financial statements and TCC. It had no turnover for 2018 or 2019 but some expense transactions went through the books. (CIPC has already been submitted.) There are no employees, therefore no payroll taxes. All bookkeeping is captured in accountings package and can just be exported to Excel to prepare financials. For both 2018 and 2019: Income Statement, Trial Balance, Balance Sheet are each one page long (not even), just to give an idea of the amount of work. (Bank statements are all reconciled to physical bank statements.).
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