Accounting

Accounting is all about turning your bookkeeping into meaningful financial information, so that you can see how your business is preforming and to ensure you have the right information available to you to make good financial decisions. With this, compliance work is also required. Compliance work comprises the preparation, completion and submission of returns required by HMRC and other regulators of your business such as Companies House. Typically this will include your annual accounts, business tax return and confirmation statement.

Here's what we can do for you:

Statutory accounts - Ltd Company / LLP

Ltd Companies & LLP's are required to prepare statutory accounts and submit these to HMRC. We’ll take care of everything that HMRC require and inform you of the corporation tax payment required with plenty of time.

Annual accounts for Partnerships

Partnerships are required to complete annual income and expenditure accounts and balance sheet for submission to HMRC. We’ll take care of everything that HMRC require and inform you of the corporation tax payment required in plenty of time.

Annual accounts for Sole Trader

Sole Traders are required to complete annual income and expenditure accounts and balance sheet for submission to HMRC. We’ll take care of everything that HMRC require.

Dormant / Non-trading accounts

Dormant accounts are still required even if a company has not started trading and they are based on the incorporation date of the company. Non-trading accounts are where a business has traded but has temporarily or permanently stopped trading, and only applies if there has been no trading in the whole year. We will prepare and submit these.

Monthly management accounts

Successful businesses measure their performance on a monthly basis, in particular monitoring sales, revenues, profitability and their cash position. We will provide management reports that will enable you to see your performance month by month and spot issues quickly and therefore enable you to take prompt, remedial action.

Tax return - Ltd Company 

Limited Companies have to submit a corporation tax computation which sets out adjustments to the accounting profit and tax allowances claimed and calculates the tax liability. This information is then put on a corporation tax return and submitted to HMRC. We will prepare and submit this.

Tax return - Partnership / LLP

Partnerships & LLP's have to submit a tax computation which sets out adjustments to the accounting profit and tax allowances claimed and calculates the tax liability. This information is then put on a tax return and submitted to HMRC. We will prepare and submit this.

Tax return - Personal

Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a self-assessment tax return. We will prepare and submit your personal tax return, calculating your tax bills and advising you on how much tax to pay and when.

CIS Service

When working in the construction industry special regulations exist for dealing with suppliers and customers, known as the Contractors Industry Scheme. If you are a registered contractor you will need to account for tax on payments received or made. We will deal with the returns required.

Company secretarial

Companies are required to keep statutory records, minutes of certain decisions and events, notify Companies House within a time scale of certain changes or event, and prepare minutes and tax vouchers for dividends paid. We will deal with these matters as standard, to you are keeping legal and up to date.

Accounting
Accounting
Accounting
Take a look at our packages here. Each package can be tailored to your business, just give us a call on 023 8000 1313 and let us know what you require and we will do our best to created a package that is best suited to you and your business.

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