Accounting

Because every business is different we take time to understand you and your business so that we can respond and tailor solutions to the needs of your Business accounts.

Whether you are a sole trader, partnership or limited company, we are confident that we can assist your business at every level with honest, relevant and practical advice in determining a solid business strategy and uncovering sustainable growth opportunities.

We offer a range of statutory year end accounts services for businesses of different sizes:

Small businesses

For sole traders, partnerships and limited companies we offer a comprehensive package that includes preparation of annual statutory accounts, tax returns, vat returns and companies house compliance. Usually, for small businesses these are prepared from the raw data contained in their invoices and bank statements. Currently small businesses choose to dump these in to their respective client portals available on our website and we do the rest! We may also be able to advise them on a suitable accounting package (e.g. Sage, VT Transaction etc) where the accounting is done in-house.

Medium sized businesses

Accounting for medium-sized businesses may be more technically challenging due to the technical complexity brought on by regulatory reporting requirements particularly where external investors are involved in. In such cases seeking external support may be helpful particularly when the year-end accounts are due. Besides easing the pressure on the key finance staff, availability of external help at short notice could also fill the vacuum created by the sudden departure of a key finance staff. We could help in a variety of ways:

• Managing the year-end processes, finalisation of year end accounts
• Providing the services of a technically qualified interim accountant for year-end accounts at short notice
• Preparing the year end statutory accounts and statutory financial statements from the trial balance stage
• Preparing statutory schedules, reconciling accounts, and liaising with the statutory auditors
• Advising on accounting treatments of various transactions considering technical accounting standards including International Financial Reporting Standards (IFRS), UK GAAP and IFRSSE (small businesses)
• Preparing the final statutory accounts and financial statements for external investors, private equity investors, stock exchanges and for publication.