Accounts

Efficient preparation of business accounts and financial statements

Accounts

We prepare accounts and financial statements for Sole Traders, Limited Companies, Partnerships and Limited Liability Partnerships (LLPs). This includes a set of accounts, a balance sheet and profit and loss statement, all produced using our in-house accounting software. We will then submit and file your accounts with HMRC and Companies House.

Account documentation

Preparing your business accounts

We follow the same rigorous accounting process regardless of whether you’ve contracted with us to do your bookkeeping or not. Our experienced accountants start by carrying out a detailed review of all income and expenditure. They code up all transactions and produce a draft set of accounts using the latest accounting software, before submitting to the client for review.

For organisations with an in-house bookkeeping function, we’ll liaise with your team to verify that all information recorded is accurate. This means we’ll need to access your PAYE records, reconciliation statements, creditors and debtors lists.

How long does it take to produce a set of business accounts?

With our accountants, the process becomes more efficient if we’re able to work on site at your offices and have access to a bookkeeper or responsible officer to clarify transactions and answer questions. Often, we’ll leave you with a set of draft accounts to review once work is complete.

If you provide us with all the necessary documentation, it’s realistic to expect an accurate draft set of business accounts to be discussed, finalised and submitted between 30 – 45 days from start to finish.

In person sign off

We recommend meeting with us in person to approve the final set of accounts. It helps us to learn about your business and gives you confidence that you’re submitting accurate records. We’ll come armed with information to talk you through the figures and explain exactly how we got there. This is your chance to ask us anything.
We aim to minimise the amount of time the process takes so we investigate any anomalies before sitting down with you for the review.

Common accounts questions

Please contact our team for a no obligation chat. We’ll ask you a few questions and explain what financial statements and accounts you need for your business.

We really enjoy working with start up businesses. Please take a look at our Start Up section for more information on the support we can offer.

We provide a fixed fee quote for every client. This enables you to spread the cost and work within your budget. Please contact us to request a quote.

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