Accounts preparation

No business flourished because of shoddy paperwork. Fix that with Golding’s accountants in the UK. Our accounts preparation services are tailored and bespoke to your business. That’s a guarantee!

We integrate the function with other accounting, tax and business advisory support to deliver a holistic view of your business.

Are you tired of spending all your time on account preparation and not having enough time to focus on running your business? Our team of experts can take that bit off your plate rather happily! Plus, did you know that not keeping proper accounting records can result in fines of up to £3,000 and even disqualification as a company director?

But account preparation isn’t just about avoiding fines – it can also bring many benefits to your business. By regularly preparing accounts, you can identify operating trends, evaluate critical metrics, current budgets and financial analysis, and even do long-term forecasting. It can be helpful for budgeting, ratio analysis, and mergers and acquisitions. You name it!

Use our accounts preparation
services and breathe easy

Let us help you with the time-consuming process of account preparation. Whether you need assistance on a monthly, quarterly, or annual basis, we can gather all the necessary information for you. We work closely with you to collect financial data about your business and organise it into statutory formats, providing an accurate snapshot of your business activity over the past year.

Golding’s accountants have the knowledge and expertise to produce accurate and compliant accounting.

Records for start-ups, large enterprises, and complex organisational structures. All records are subject to internal checks before submission.

What’s more – our services are affordable, and we can advise you on the best way forward for your needs. And once your financial records are up to a high standard, you can even hand them off to our accountants every quarter to file tax returns and other official reports. Let us take care of the tedious stuff so you can focus on your passion, i.e., your business!

Golding’s accountants have the knowledge and expertise to produce accurate and compliant accounting records for start-ups, large enterprises and complex organisational structures. All records are subject to internal checks before submission.

The type of accounts preparation
services we provide

You started this journey with a dream – to build a kickass company that stands the test of time. So why stress out preparing statutory accounts when you’ve got (probably) the best accountants in all of the UK right by your side? Get your business poppin’ and make sure it’s headed in the right direction with Golding Accountancy.

Management accounts

Creating management accounts is an essential part of running a UK business of any kind. If you don’t have oversight of the financial aspects of your business, you’re operating blind. Let us “manage” that function for you efficiently!

Year-end accounts

Preparing your company’s year-end accounts is vital to get a clear picture of your financial health – and it’s a statutory requirement too. Don’t worry – we’ll help you keep your finances in tip-top shape. Our experts have got your back!

Frequently Asked Questions
(FAQs)

1. What do you mean by ‘statutory accounts preparation?’

Statutory accounts preparation involves creating the necessary documentation from financial records for submission to HMRC at the end of the financial year. This process is required for limited companies and includes drafting a balance sheet, profit and loss account, notes on the accounts, and a director’s report in most cases.

2. Who uses statutory accounts preparation services?

Many businesses, particularly small and medium-sized enterprises and startups, use an accountant for this service to ensure their paperwork is in order and they are paying the correct amount of tax. In addition, mortgage lenders and landlords often require statutory accounts to be prepared by an accountant.

3. What is the process for getting started with Golding Accountancy's accounts preparation services?

Below are the steps to take to get started with our accounts preparation services.

Schedule a meeting or phone call to discuss your business’s specific needs and requirements.
We will assess your current accounting practices, records, and software.
If you decide to proceed, a formal engagement agreement outlining the scope of services, fees, and timelines will be drafted.
You will be asked to provide necessary financial documents, such as bank statements, invoices, receipts, and payroll records.
We’ll guide you through a smooth handover of your financial records securely.
Our team will meticulously prepare your accounts, keeping you informed throughout the process.
You’ll have the opportunity to review the final accounts before submission.

4. How does Golding Accountancy manage deadlines and ensure timely delivery of accounts?

We understand the importance of timely financials.

Clear communication: We’ll discuss deadlines upfront and keep you informed throughout the process.
Proactive approach: We understand meeting deadlines is crucial. Our team is efficient and works diligently to ensure timely completion.
Regular updates: We’ll provide you with regular updates on the progress of your accounts preparation.
Dedicated team: You’ll have a dedicated point of contact within our team for any questions or concerns.

Taking note of the deadlines we provide at the outset will ensure we are able to meet the timely delivery of your financial information to HMRC. We may be superhuman – but there are things even we can’t achieve if we don’t have the required information.

5. Can Golding Accountancy provide a custom solution if my business has unique accounting needs or requirements?

Absolutely! We understand every business is unique and ensure our processes are set up to allow for that:

Tailored approach: We tailor our accounts preparation services to your business structure and industry.
Expert knowledge: Our team has experience with various accounting needs and complexities and keeps on top of changes in legislation across the accounting industry.
Clear communication: We’ll work closely with you to understand your requirements and develop a customised solution.
Ongoing support: Our support doesn’t end after account submission. We’re here to answer your questions throughout the year.

Businesses that trust in our expertise for
accounts preparation

We’ll help anyone who’s excited about their craft, committed to their passion, and interested in getting to the heart of the financial matter. Our USP lies in our ability to provide top level tax advice to business in a wide range of sectors and backgrounds. And we deliver brilliant results.

Landlords

CIS contractors

Ecommerce businesses

Digital content creators

Limited companies

Startups

Small businesses

Sole traders

Driving instructors

Why opt for Golding Accountancy for
account preparation?

From the fundamentals to the most complex queries, we’ve got your back on all things accounting and taxation. Our accounting services in the UK are the real deal!

Accurate reporting

Rubbish in = rubbish out is the old adage. We make sure we gather the correct information to ensure we produce accurate statutory accounts for you.

Management accounts preparation

Gain valuable insight and boost your business performance with data-driven decisions through our frequent and comprehensive financial reporting.

Year-end accounts preparation

Let us handle your year-end accounting to ease the process for you and guarantee compliance with all relevant rules.

Financial statements

Discover your business’s strengths and weaknesses through our detailed business performance reporting.

Compliance assurance

Ensure your accounts comply with current regulations to avoid penalties and potential risks with our accounts preparation services.

Proof we are not
bull*****ing!

“I have used Golding Accountancy for completing my property tax each year.”

I have used Golding Accountancy for several years now to sort out my property tax. Being completely ignorant in this area I have always relied on them to help me through this minefield and explain things along the way. They always take time to answer my questions and I have been more than happy with their service over the years. Particular thanks to Anthony Burrell for his patience!

Christine Petherick

“Best accountants by far”

Ian, Anthony and the rest of the team at Golding are helpful, professional and friendly. The team have completed my self assessment each year swiftly and efficiently without a hitch, they are always on hand to answer questions and provide advice regarding my accounts. Golding has also provided help and assistance when I re-mortgaged (twice) when my mortgage advisor asked me for information I didn’t even understand. Golding Accountancy go the extra mile and I would recommend them 100% for anyone looking for an accountancy firm.

Jim Miller

“#TeamGolding”

I have used Golding Accountants since January 2017 for my Sole Trader accounts & Tax Returns. Initially with Ian Butler and subsequently with Anthony Burrell, both have been extremely professional in their approach.

If I have any queries they are easily accessed by email or more than happy to take time out of their hectic schedule to reassure me.

My Tax Returns come back to me extremely quickly & easily understandable.

I am more than happy to endorse them both.

Sean Whitelamb

“I have been using Golding

for a number of years”

I have been using Golding for a number of years and they have been excellent in all areas. I must mention particularly Anthony Burrell who has guided me through the minefields of taxation like no other. I highly recommend them.

Mr Richard King

Our wide-ranging
tech stack

We work on the top software and applications in the industry, delivering to you the very best possible.

Fancy a cuppa
with us?

Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out – it’s on us!

PS: We love biscuits.

Or, email us at info@wearegolding.com

Accounts preparation

Use our accounts preparation
services and breathe easy