Year End Accounts
We prepare annual accounts, to determine a business’ profitability and enable us to compute their tax liability.
At the smaller end of the scale you may be a sole trader with a small turnover in which case a fairly simple profit and loss account may suffice. Businesses with larger turnovers will also require a balance sheet detailing the assets and liabilities of the business at the end of the accounting period.
All our accounts are prepared in line with Generally Accepted Accounting Practice (UK GAAP), and company accounts in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) and are fully compliant with the Companies Act.
In addition to annual accounts we can also prepare monthly or quarterly management accounts, for use internally or to provide regular up to date information to lenders.
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