Your company’s ‘statutory accounts’ also called annual or year-end accounts are prepared from the company’s financial records at the end of your company’s financial year. The statutory accounts often become the basis of your Self-Assessment Tax Return and provide a valuable insight into your business performance and aid in business decision making.
Statutory accounts are prepared in line with the International Financial Reporting Standards (IFRS). We can prepare your statuary accounts from your bookkeeping records whether computerised, manual records or a bag of receipts and let you relieve you from a very stressful and onerous exercise, of course we ensure all your eligible expenses are claimed for. We also offer affordable booking services to suite your needs.
We also produce meaningful Management Accounts to help you identify, measure, analyse and interpret financial information and assist you make well-informed business decisions. Statutory and Management Accounts can also be used by individual and businesses to raise finance or apply for a mortgage.
There are different deadlines for sending the accounts to Companies House and your tax return to HMRC. We will take care of all these deadlines ensuring timely submissions.
The statutory & management accounts that we prepare is consist of:
You might have to include an auditor’s report depending on the size of your company. Statutory accounts are signed off by a director of the company and copies submitted to all shareholders, Companies House, HM Revenue and Customs (HMRC) as part of your Company Tax Return.
