Year End Accounts & Financial Statements

Do you find your Year End Accounts taxing?

All businesses are required to submit annual accounts. Only by preparing these accounts can the owners be fully aware of their trading position and fulfil their statutory obligations.

They are also invaluable for providing information about your business to financial institutions, for example banks, mortgage applications and business loans. We will endeavour to advise you on ways to strengthen your record keeping that will assist you in meeting your statutory obligations and managing your affairs

Our Year End Service covers;

Sole Traders and Partnerships

By compiling the year end accounts we are able to analyse the financial data and compare it to previous years.

By discussing the margins and variations with the owners, we can look strategically at the business and identify growth and cost cutting areas as well as linking in to any tax planning opportunities that may arise.

Limited Companies

Companies have the responsibility to prepare accounts in accordance with the Companies Act and Accounting Standards. In addition, for small and medium sized companies, abbreviated accounts can be prepared and filed at Companies House within the necessary deadline periods.

We will prepare the Corporation Tax computations, calculate the Corporation Tax liability and prepare form CT600 for submission.

We will also have in-depth discussions with management, reviewing both the accounts and business systems to help our clients to control and grow their businesses.

Contact us today to discuss how we can help to move your business forward.