Hi Geoff
You mention you are doing trust accounts but are not a professional. Trust accounts are mainly about trust and tax law with a bit of double entry book keeping thrown in. I would strongly recommend that you take professional advice. Every trust I have seen that has been administered by a lay person has been (for want of a better expression) a mess. I would never put myself out there to do people’s business accounts and I don’t think it is a good idea for non trust people to do trust ones. If you look on the STEP website you will find someone in your area who can help you.
Good luck
Sara Spencer | Trust Manager
Sara Spencer Ltd, 8 Kingsway, Harrogate, HG1 5NQ
07952 651881 | 01423 524114