Preparation of Accounts
We aim to make your life easier by reducing the amount of time you spend on the accounts and helping you get your accounts right. Each business is unique and has different needs. We will work with you together, whether it is on an annual basis or us taking on part of the accounts process ourselves.
Year End Accounts
For Limited companies and LLP’s your annual statutory accounts should be drawn up to comply with accounting standards. A shortened version of the statutory accounts is normally be filed at Companies House. We can prepare your annual accounts from your accounting records to ensure you comply with the relevant legislation. We will also put them in the iXbrl format required by HM Revenue & Customs.
For Partnerships and Sole traders we can prepare annual accounts for tax purposes in line with generally accepted accounting practice. These form the basis for your tax return submissions to HM Revenue & Customs.
We can prepare management accounts from your accounting records with a format agreed with yourself so that we can help you analyse your results and give you an up to date scoreboard of your financial position. This can help you make better decisions going forward.
We can carry out a benchmarking review of your business so that you can understand how well you are doing compared to others in your industry. We will provide you with a detailed report which we can work through and come up with an action plan to help you achieve better results.
If you would like a full bookkeeping service we are happy to do this using the latest cloud and online accounting solutions. This will give you visibility of your numbers as you go along.