We can provide annual accounts for both sole traders and companies.
- Limited Company
- Sole Trader
Limited company
In the UK every year all companies are legally required to produce a set of final accounts and file them at the Companies House. This applies to all registered companies including those that are non-trading.
What we will do:
- We will take the pressure off you by producing non-audited final accounts for your business and filing them at the Companies House.
- We will provide you with a high quality service at a reasonable fee thus saving you time and money.
- We will ensure that you meet statutory obligations by managing the timing for the production of your annual accounts.
- We will also help you to take advantage of tax planning opportunities.
A little more goes a long way
Management accounts
Let us work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.
Bookkeeping
As a business owner or director you are legally required to maintain full, accurate and up-to-date accounting records. Bookkeeping involves recording all business transactions in a chronological order to keep track of expenses and income. We will help you to set up your own bookkeeping system. We will provide you with an introductory training to bookkeeping computer programmes such as Freeagent and Quickbooks. We will provide you with software support on the phone if required. If you require us to complete all bookkeeping for you this is something we can also do.
Sole trader
For sole traders or partnerships there is no legal requirement to produce final accounts every year. It is however, necessary to produce annual accounts for various reasons.
- The Inland Revenue requires to see annual accounts in support of personal tax calculations.
- For monitoring your financial and non-financial performance.
For other interested parties such as banks and lenders.
What we will do
- We will produce annual accounts for you and assist you with preparation of your tax returns by taking advantage of available tax planning strategies.
- We will provide you with a high quality service at a reasonable fee thus saving you time and money.
- We will ensure that you meet statutory obligations by managing the timing for the production of your annual accounts.
We will help you analyse your performance and suggest ways in which you can improve.