Keeping your business accounts up-to-date.
Year End Accounts.
We prepare accounts for submission to HMRC and Companies House. To make sure that you meet all of your legal requirements, the accounts are prepared in line with the accounting standards and company law.
The accounts usually need to be filed with Companies House within 9 months of the year-end (but this can differ if you change your accounting period or it’s your first set of accounts). For small companies, they can be filed in a shortened format to ensure that competitors cannot get too much detailed information about the company operations.
The full accounts are used for the directors’ information and are submitted to HMRC with the Corporation Tax Return.
We also prepare management accounts on a quarterly or monthly basis to give directors regular updates on the company’s financial performance and to update you on tax due and dividend availability. These are optional but often highlight issues before then become a problem.
Sole Trader & Partnerships.
Professional accounts for the self-employed.
We prepare these to confirm your profit for the year. They also form the basis of the your tax return for submission to HMRC.