Thanks Steve.
Yes, I chose Limited Company, but we are incorporated as a private company limited by guarantee, so no shareholders.
We operate as a non-profit, non-charitable members organisation and our accounts are filed as a micro identity according to FRS 105.
I’ve read Nominal account categories
We don’t sell goods or services and our only income is from membership fees at the moment. Where do membership fees (annual/monthly fees paid to the company by our members) fit? Can we repurpose Sales as Income?
Our expenditure is nearly all administrative, with bulk being the cost of maintaining a website, and accountancy fees. I’m assuming we can use Expenses and/or Overheads for Expenditure.