Annual accounts are a compliance issue whether it is to comply with requirements of HM Revenue & Customs, Companies House or your lender. However, they should also be of great importance to you and as such it is important that they are prepared as soon after your year end as is practicable. The older the accounts are the less relevant they are. We take a proactive approach to annual accounts preparation, we won’t sit back waiting for you to contact us or to bring in the records to the office we will contact you soon after the year end and will continue to keep up a dialogue with you until we are able to begin work. This kind of proactive approach will see your accounts prepared when they really do have some relevance to you.
Be they monthly, quarterly or six monthly, management accounts are a vital tool in your efforts to improve your business and maximise your profitability. It is amazing how problems can be nipped in the bud by having a simple set of accounts prepared. They also go a long way to assisting with bank funding as the bank will have up to date information upon which to make funding judgements.
With the demise of managed service companies more and more contractors are forming their own limited companies. We provide a service whereby accounts are updated monthly, taxes calculated and reserve positions determined to ensure that the company complies with Company Law. For a fixed fee we will prepare your accounts, VAT returns, handle the payroll, annual accounts and corporation tax, as well as advise you on suitable courses of action, keeping your affairs in order.