Annual & Statutory Accounts
Preparation of annual accounts is a difficult time, we aim to relieve you of this burden by taking care of all your accounting requirements.
If you are a Limited Company then you are required to prepare accounts that must be filed with Companies House in a statutory format.
If you operate as a Sole Trader or a Partnership, whilst your accounts may not need to be as formal in presentation, they should still comply with current accounting guidance. Of course, the annual accounts will also provide the starting 'Profit' figure for either Corporate or Pesonal Tax Returns.
Whichever trading vehicle you operate through, we will prepare the accounts from your books and records to comply with the latest accounting standards and file them with Companies House if applicable.
At Simple, we try to do more than purely report on the history of what has already happened, we also try to identify areas where we can help to reduce your tax liability, increase profitability or improve cashflow.
But possibly the key element is that we will take as much time as necessary to explain your accounts to you, what they mean and how the figures have been arrived at. We will undertake this using plain English, not technical Jargon, the result of this we hope will be that you will obtain a solid understanding of the financial positioning of your business which will aid your chances of continued longterm success.