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Annual accounts

Company accounts summarise the financial activity of your business over a 12-month period and are required by both Companies House and HM Revenue & Customs (HMRC).

We will prepare your annual accounts for you and submit the documentation on time to both Companies House and HMRC, ensuring that you do not have to worry about late filing penalties.

In recent years, the requirement for statutory audits has been relaxed,

If your business is exempt from a statutory annual audit, you may think that’s one less thing to worry about.

However, an audit can still be extremely beneficial for your business because it provides a high level of assurance that your financial statements are accurate and free of errors.

What’s more, there may be many situations where a non-statutory audit is not only invaluable but necessary for your business.

Most potential investors and banks will expect to see a recent audit before agreeing additional revenue streams or loan extensions.

An annual non-statutory audit also provides:

  • Reassurance for shareholders
  • Management with ideas for improving systems and controls
  • More accuracy in financial reporting and decision making

We believe that every audit should deliver measurable benefits to your business and assist with your future business planning and strategy, challenge your systems and offer clear guidance on future-proofing your company finances.

Get in touch now to find out how we can help take your business to the next level.