If you run your own business, whether as a sole trader or limited company, or in a partnership set-up, you will need to complete Annual Accounts.
Annual Accounts are a highly technical area, with constant changes in Accounting Practice that need to be incorporated.
Your accounts are also a great indicator of your business' financial health & robustness and need to be available when looking for funding or loans to grow the business.
We can offer your business fit-for-purpose accounting services & business compliance services.
All UK limited companies are subject to Corporation Tax. The tax is charged as a percentage of the annual profits made by a company.
As a director of a limited company, you need to make sure that your company’s corporation tax liability is accurate, your corporation tax return (form CT600) is filed with HMRC on time, and that you pay the corporation tax when it falls due.
Engaging professional business compliance services will help ensure your ensure your Year End Accounts & Corporation Tax returns are completed and filed on time, thereby avoiding penalties and interest charges, and maintaining business compliance.
A company's directors needs to provide a Confirmation Statement annually (previously the "Annual Return"), to confirm that the information Companies House is holding about their company is correct.
Annual Accounts will need to be filed.
A whole range of additional records must also be kept at the Company's Registered Address (e.g. details of directors, shareholders and company secretaries, loans or mortgages secured against the company’s assets, and the results of any shareholder votes and resolutions etc.)
We can provide these services for your company
Maintaining accurate & up-to-date financial records for your business, in adherence with rules & regulations, can be an intimidating and time-consuming job.
Through our Cloud Accounting Software we minimise the work required by you & ensure you remain in control of your finances.
Running a payroll for your employees (taking into account auto-enrolment & submitting Real Time Information to HMRC), will mean investing valuable business time, which could be spent running and growing your business.
We can help you manage your payroll & associated reporting.
VAT is a complex area and the regulations in place mean mistakes can be costly, with a rigid system of Penalties & Interest charges in place. Penalties are charged on errors and mistakes but also on late submissions.
We can help you keep your VAT affairs in order and ensure your VAT returns are completed correctly & submitted on time.