The backbone of our practice is the preparation of financial statements.
From information provided, we give our clients a complete accounting service including:
- Preparation of accounts of sole traders, partnerships and Limited Companies.
- Calculation of accompanying tax computations and Returns.
- Submission of clients' accounts, computations and Returns to HMRC, and advising thereon.
- Preparation and submission of clients' Self Assessment Returns and advising thereon.
As an integral part of this work, we will discuss your results, identifying vital trends and advising on many areas, including enhancing gross profit margins and controlling overheads. This can also include costing information such as break-even turnover analysis, if needed.
We can provide clients with regular management information and give them help in spotting key financial ratios and predicting potential future difficulties, together with recognising any opportunities for effective tax planning.
All our accounts and Returns are submitted to Companies House and to HMRC electronically in order to minimise on error and to improve efficiency.