Annual Accounts produced shortly after your year-end help you review how your business is doing and therefore make plans for the future. A meeting with your accountant to discuss the accounts can also be very useful for this purpose.
Most Sole Traders and Partnerships need to produce accounts in order to complete their tax returns and submit them to H M Revenue and Customs. Although it is possible for smaller businesses to prepare their own accounts it does take time, and you may make mistakes causing you to pay more tax than necessary.
Accounts prepared by a qualified accountant are often also required by Banks and other institutions for various reasons.
All Limited Companies must produce accounts for submission to H M Revenue and Customs and Companies House. Again it is possible for smaller businesses to prepare their own accounts but it does take time. and mistakes can be made causing more tax then necessary to be paid.
We can produce accurate accounts quickly and efficiently from your business records and deal with H M Revenue and Customs and Companies House on your behalf as required.
We are also happy to meet with you to discuss the accounts and how you could possibly improve your business.
We use professional, market leading software to produce accounts, and use on-line filing with H M Revenue and Customs and Companies House to avoid delays and the problem of accounts being 'lost in the post'.