Downloads
This free report is prepared from a company’s year end financial statements in order for them to understand and stay in control of their business.
The five year summary is a snap shot of their accounts up to the past 5 years. It will help them see the changes in the turnover, expenses and therefore profit and will help them identify the main contributors for the changes. From this information ratios are calculated such as gross profit margin, debt/Equity ratios which will show them how much of their business is financed using equity and how much are financed using debt.
The analytical review will help them identify any material changes from the last to current year and help highlight any weaknesses so that procedures can be changed or put into place to eliminate these. It will help them identify the key aspects of their business that drive it to success.
The cash flow statement is a document that will help companies see the amount of cash inflow and outflow in any given period and therefore highlighting and preventing shortages in cash. A cash flow statement is a notable tool for the banks, mortgage applications and potential investors to have when making the decision to lend to or invest in your business. It is also a good indicator for companies to see whether the business can meet its short term liabilities, i.e. will it be able to pay the wages etc.
As a collective set of reports they help companies focus on the financial information that you need to make better and informed decisions for your business.
We have prepared two sets of excel bookkeeping spreadsheets for sole traders, partnerships and limited companies.
1 Purchase Day Book with vat analysis.
2 Purchase Day Book without vat analysis
Profit and Loss by Example
Feel free to use these, they will assist you in keeping good accountancy records and so will help you understand how your company is performing.
We intend to add more tools and information over the coming year to help businesses become more efficient in keeping accurate records.