For a Limited company, records must be kept for how long from accounting date?

• A. 3 years.
• B. 5 years.
• C. 6 years.
• D. 10 years.

Answer: (A)

The key idea is how long a limited company must keep its accounting records to meet statutory needs and support financial reporting and any potential review. The minimum period required is three years from the accounting date. This provides enough time to reference records for tax filings, audits, or inquiries that might arise, without holding onto documents longer than necessary. Longer retention periods (five, six, or ten years) may apply in other contexts or jurisdictions, but for this requirement that three-year window is the rule. If there’s an ongoing dispute or tax investigation, you would extend retention, but absent those circumstances, three years is the mandated period.