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Ch 16 Limited Companies: complete notes

Neat, exam-ready notebook-style notes for Ch 16 Limited Companies, following the Cambridge IGCSE 0452 syllabus. This chapter is part of the complete IGCSE Accounting 0452 Complete Notes: All 22 Chapters with Full Layouts and Mark Schemes (Cambridge 2027–2029).

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Free preview: Ch 16 Limited Companies notes

A quick look at the chapter from our IGCSE Accountancy notes. The full chapter notes have the detailed explanations, diagrams and practice questions with answers.

Topics in this chapter

  1. 16.1 What is a limited company?
  2. 16.2 The capital structure
  3. Issued, called-up and paid-up share capital
  4. 16.3 The financial statements of a limited company
  5. The statement of changes in equity

“I can” checklist: what you must be able to do

  • give advantages and disadvantages of a company
  • explain limited liability and equity
  • describe the capital structure
  • compare ordinary shares and debentures
  • calculate issued, called-up and paid-up capital
  • calculate preference and ordinary dividends
  • prepare a company statement of profit or loss
  • prepare a statement of changes in equity
  • prepare a company statement of financial position
  • advise on shares or debentures as finance

What is inside the full chapter notes

  • Concept notes, model layouts (statement of profit or loss, statement of changes in equity, statement of financial position), 8 worked examples
  • Exam skills for Paper 2; common mistakes from the examiner report
  • 20 Paper 1 style multiple-choice questions, explained
  • Two Paper 2 style questions (20 marks each) with full mark schemes and answer layouts
  • Quick-reference table, "I can" checklist
See real pages (free sample)

What you get in the pack

All chapters in this pack

  1. Ch 1 The Purpose of Accounting and the Accounting Equation
  2. Ch 2 The Double Entry System of Book-keeping
  3. Ch 3 Business Documents
  4. Ch 4 Books of Prime Entry
  5. Ch 5 The Trial Balance
  6. Ch 6 Correction of Errors
  7. Ch 7 Bank Reconciliation
  8. Ch 8 Control Accounts
  9. Ch 9 Capital and Revenue Expenditure and Receipts
  10. Ch 10 Depreciation and Disposal of Non-current Assets
  11. Ch 11 Other Payables and Other Receivables
  12. Ch 12 Irrecoverable Debts and Allowance for Irrecoverable Debts
  13. Ch 13 Valuation of Inventory
  14. Ch 14 Financial Statements of Sole Traders
  15. Ch 15 Partnerships
  16. Ch 16 Limited Companies
  17. Ch 17 Manufacturing Accounts
  18. Ch 18 Clubs and Societies
  19. Ch 19 Incomplete Records
  20. Ch 20 Accounting Ratios: Calculation and Interpretation
  21. Ch 21 Inter-business Comparison, Interested Parties and Limitations
  22. Ch 22 Accounting Concepts, Ethics, Technology and Sustainability
← Ch 15 Partnerships Ch 17 Manufacturing Accounts →