Whether you are a Sole Trader, Partnership or Limited Company you’ll need to prepare the end of year accounts. Preparing your accounts can be time-consuming, even for experts. The accounts need to be prepared under accounting standards. Often Limited Companies or Limited Liability Partnerships have to be prepared in accordance with the Companies Act.
As year-end results form the basis of your tax return, ensuring they are correct is vital. You don’t want to be paying more tax you need to.
Your year-end accounts are prepared from your books and records. We will advise you on your bookkeeping procedures and systems, helping you to improve them. This will save you time and money, allowing you to manage your business better.
Preparing annual accounts on their own isn’t enough to manage a growing business. Monthly or quarterly management of your accounts will help provide you with more accurate and relevant business information. This can significantly aid your decision making, which is absolutely vital if you want to grow your business.
Key areas of accounts for a variety of business models including the following:
• Limited Companies
• Sole traders
• Limited liability partnerships
• Partnerships
• Charities & clubs
• Non-profit organisation