Accurate Annual Accounts are the financial backbone of any successful business, providing a comprehensive overview of your company’s financial position and providing the perfect platform for maximising future growth.
With Accountant Plus on your side, your company accounts will turn from an annual chore into one of your most powerful business assets.
Not only will we make sure your reports are accurate, submitted on time, and contain everything that Companies House and the HMRC require, but we will also teach you how to utilise these reports to make future predictions using the very latest accounts reporting and forecasting software.
With industry leading forecasting based on accurate financial histories, identifying, and taking future growth opportunities has never been easier.
Get in touch with Accountants Plus today to learn more about our accounts preparation services and let us help you make sure that next year’s accounts are looking even healthier than this set!
Annual Accounts for Business
Account preparation is an absolute must for companies of any size ensuring that you meet your statutory filing and tax obligations, and so avoid any legal complications.
Every year, all private limited companies must submit their company’s annual accounts to Companies House and HMRC.
With the exception of ‘small companies’ and micro-entities, your company’s published annual accounts MUST include:-
- A Profit and Loss Account
- A Balance Sheet (signed by the director)
- Notes about the accounts
- A Director’s Report
It is possible to prepare and submit these accounts without the assistance of an accountant, but unless you have extensive accounting experience it really isn’t recommended, especially given the consequences of inaccurate or incomplete reports.
Above certain limits your company’s annual accounts must be audited by a Registered Auditor.
Why Accountants Plus?
With the right accountant by your side, your annual accounts become so much more than another box to be ticked.
Your accounts are your record of the past and are your keys to a successful future.
They are the foundations upon which you can make informed decisions with the assistance of cash-flow forecasts and business projections.
Careful, legitimate, personal and corporate tax planning is incredibly valuable to the modern business owner but is impossible to complete without accurate annual accounts.
At Accountants Plus we are highly experienced in all aspects of annual accounts preparation. Not only will we ensure that your profit and loss account, balance sheet, and annual report are accurate for the past financial year, but we will also give you the tools and advice to turn this information to your advantage and maximise future growth.
Get your company’s annual accounts in order today with Accountants Plus. Call us now on 01698 281 554 or email us at enquiries@accountantsplus.net
Why Are Annual Accounts So Important?
Annual accounts provide you with a detailed insight into key financial information at the end of the financial year.
Your annual set of accounts is the foundation of your future business activities and gives you the most accurate data possible.
Meeting Your Financial Obligations
No matter if you are a big or small business owner, the importance of your financial statements cannot be overestimated, and it is always worth having professional accountants oversee the preparation of your company’s accounts to ensure they comply with all relevant standards and obligations.
You could be the most talented entrepreneur in the world but if you fail to submit your accounts to Companies House on time, or your tax return to the HMRC, your future as a business owner won’t be a long one.
By delegating your statutory accounts to Accountants Plus, you can relax, safe in the knowledge your legal obligations are taken care of and you can focus on running your successful business.
Make Accurate Future Predictions
Become your very own business psychic with highly accurate financial predictions (cash-flow forecasts), which are built upon the historical data within your existing company accounts.
We specialise in strategic business planning, using the very latest accounts reporting and forecasting software to provide our clients with valuable insights into the goals and objectives they should be setting themselves.
Accurate forecasts will let you know exactly what you can expect to achieve based on certain future actions such as asset acquisition or cash investment.
The information we provide, based on the company’s accounts and forecasts that we have helped you produce, will be invaluable in harnessing the growth opportunities coming your way in the year to come, reducing risk, and allowing you to allocate resources with more confidence than ever before.
Tax Planning Overview
Accurate accounts can be utilised to identify ways to legitimately minimise your tax liabilities by maximising the tax deductions and credits available to you and your company.
We can analyse all your company’s trading records when preparing the annual accounts to help optimise your company’s tax strategy, ensuring you stay on the right side of the HMRC whilst keeping as much money as possible in your business or in your pocket.
For limited companies reducing corporation tax is a major boost to their ability to invest and can help to boost the value within your company’s accounts in the future. Unlike other accountants, we specialise in both accounts and tax planning, meaning we will optimize both your company’s tax return and your company’s annual accounts when making recommendations.
Acquiring Grants and Lending
We always prefer to focus on accountancy services that build wealth in your business rather than seeking outside investment, but sometimes getting a loan or taking advantage of a grant just makes good business sense.
Lenders or grant providers will often require you to produce a full copy of your company’s annual accounts from the previous accounting period before approving any form of finance, and failing to provide them could lead to you missing out.
Different Strokes for Different Folks
Small businesses, Micro-entities, and Limited Liability Partnerships (LLPs) all have their own unique annual accounts requirements that they must fulfil at the end of the accounting period.
No matter what size your business may be, from a one-man-band to a multi-national with a cash flow statement as long as your arm and many company directors we will ensure your accounts at the end of the company’s financial year are in order and you have everything you need to achieve your future goals.
