Year End Accounts
It is mandatory for every business in the UK to report their yearly accounts to HMRC regardless of the structure of the business. Any business incorporated through a Limited company must file their accounts to Companies house and corporation tax returns to HMRC. If a business runs through an unincorporated firm you may still have to file accounts through tax returns and our team is more happy to file the year end accounts. We may work and deal with the matters in preparation of year end accounts and may sort out the issues within the given deadlines.
We not only work through the numbers but we always recommend our clients to discuss the final accounts at the meeting where we may explain the position of the business, and changes to the financial position of the business by comparing it to the comparative workings. We identify the areas for additional focus by the owners of the business to increase profitability to ensure gradual growth of the business over the coming years.