services you can count on
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. Let our experts get it right for you the first time and keep your numbers in check – always.
All registered companies, partnerships, nonprofits and charities in the UK must prepare and submit their year-end accounts with Companies House and HMRC. The rules around these keep changing, however, and keeping track of them and staying compliant requires time and effort – which, as a business owner, you don’t necessarily have. And the penalties for not meeting deadlines and laws can be heavy, impacting your bottom line adversely.
In a nutshell:
Never take year-end accounts preparation lightly.
Scope of our
year-end accounting services
The end of the financial year is crucial and requires you to work diligently to prepare year-end financial reports, statements, and accounts. We have the appropriate qualification to provide you with personalised support for preparing these accounts. Here’s what you can expect from us:
Frequently Asked Questions
1. Who can prepare year-end accounts?
In theory, a business owner can prepare their own year-end accounts. However, keeping track of HMRC rules and compiling all the necessary documents can be time-consuming for them, and the stress involved increases the likelihood of mistakes (and penalties). For that reason, we recommend working with a specialist who can do it faster and more accurately.
2. What is involved in year-end accounts?
Year-end accounts typically include a balance sheet and a profit and loss statement that must be prepared and submitted per HMRC rules. Don’t let the burden of year-end accounts stress you out. Let the Golding Accountancy experts handle it, as we already have for many delighted clients. Get in touch for a free consultation – we’re here to help!
We’ve got all your bookkeeping, VAT, payroll, Self Assessment, and cash flow needs covered. Delegate the work to us and relax.