u/shintengo

I run a children entertainment company. We have had a rough year. More cancellations than ever. I am considering shrinking the business.

We have had a steady growth of about 20% per year and Our turnover this year is about £120k. We have been vat registered since November. I have 1 permanent employee and a handful of contractors. Our profit this year is £25,000. The business is getting unmanageable for a few reasons, and the contractors are not happy that they are getting less work. I fear they will leave and then I will be stuck in an unfortunate position that will result in cancellations and a loss in reputation.

I am considering shrinking the business and going down to just myself and my permanent employee. This would bring us to about £85,000 turnover and about £35,000 profit. If we are able to deregister for VAT then it would go upto £50,000 profit. I have spoken to my accountant and they have suggested that I put the business into administration, and set up a new one. This doesn't sound right to me. I also want to keep our name because our reputation is phenomenal in the areas we work in.

Is there a way I can approach HMRC and let them know that we would only be capable of making £85,000 max if we were fully booked. I have saw that I can do it if we make less than £88,000 turnover over a year but that would mean I have to wait around 10-12 months to do that.

Any advice would be appreciated.

Firstly I am Scottish. So I had very little interaction with American politics in the church. But I served my mission with absolutely incredible people in a poor country. And seeing what some of the people I loved and respected post about Donald trump was the catalyst that began my faith journey out. It took me 3 years to leave but that was when I started to really question it.

Is anyone else's faith journey similar, I wonder how common it is.

I have 3 big clients, 10 little clients and hundreds of singleb purchases. I have not delivered as well as I have done in the past on some of my big clients this year and in the past month the three of them have all hinted that they might not continue with the relationship. One of which just straight ghosted me.

I have been worried about this and it's been extremely stressful however I just thought about it. And despite the fact that they are my biggest clients, I actually don't make that much money from them. I did. But they have so much discount it's not worth using my employees to do work for them. It's only worth it if I am the provider.

Thinking about it this way has sent a wave of relief over me. Because it takes less work off my shoulder. I also subconsciously have been neglecting them or being less helpful to them because I know the work is technically not profitable.

Mine was about 8 months before I left. I was nearing 31, I was still single. I had sex with an old friend from my hometown.

I went to the bishop to repent. I explained what happened. How it was just one night. I said I knew from the moment I was driving to meet her it was going to happen. I didn't pretend it was a thing that just happened out of the blue. I took full ownership and I was very honest with him. It resulted in a disciplinary.

You see the problem was this has happened before with the same girl and one other. You see we first had sex at 19, then 26, 28, 30. Other than the first time it was happening every two years. And each time I repented and went to the bishop.

My disciplinary meeting lasted two hours. I was asked every single question in the sun. They actually looked disappointed when I emphasized it didn't just happen. It was fully consciential. But the final question. After two hours of an intense emotional experience. The first counsellor turned to me and said. "OP have you ever considered you are a predator" I didn't clock it at the time but I remember the look the bishop gave to him.

Well I buried my face in my hand and I cried "I don't know!"

You see I was obviously targeting girls who had such low self esteem that they would have sex outside of marriage. So obviously a predator.

But for the next few hours I questioned if I was but then mulled over it, and realised I wasn't and fuck that guy for asking me that.