Bookkeeping for one-person companies.
Import the bank statement, say what each line was, and the rest is worked out as you go: profit, Corporation Tax, the director's loan and every deadline. Built for small software and app companies first.
It's keeping Broad AI's own books before anyone else's, and isn't open to sign-ups yet.
Bank statements in, nothing counted twice
Import the CSV from your bank as often as you like, overlapping or not. Each line is recognised by the bank's own transaction ID, and the books are checked against the statement's running balance.
Plain English on top, double entry underneath
Say what a payment was — a business cost, money you put in, an App Store payout — and it becomes a balanced journal. The database itself refuses anything that doesn't balance, any edit to the history, and anything dated in a period you've closed.
The director's loan, said both ways round
Costs you paid for personally, money you lent the company, what it's paid you back: one running figure for who owes whom, with a warning before a year-end overdrawn loan turns into a tax charge.
Corporation Tax as you go
An estimate that handles the small profits rate and marginal relief, losses carried forward, and a long first year split into two tax periods — with the payment and filing dates that follow from them.
Each app's own numbers
Allocate income and costs to a project and see what each one makes. App Store payouts can be recorded net or gross of commission, and dollar subscriptions keep their original amount.
One download for your accountant
Journal, trial balance, profit and loss, balance sheet, bank lines, director's loan, the tax estimate and every receipt — as plain CSVs and files any software opens.
What it isn't
- It doesn't file anything with HMRC or Companies House. Your accountant does that from the pack.
- It doesn't do VAT returns yet.
- It's for limited companies. Sole traders, with Self Assessment and Making Tax Digital, aren't covered yet.
- It's bookkeeping, not advice. Anything with a tax decision in it is flagged for your accountant rather than decided for you.
Interested?
If you run a one-person company and would use this, I'd like to hear what you use now and what annoys you about it: jamie@broadai.co.uk.