Year End Accounts
At the end of your financial year we need to collate all your information in the production of your profit and loss trading account and balance sheet. This information will show you how much profit you have made for the year and how much your business is worth (in terms of assets owned). If you are a limited company then we will produce the accounts in the correct format and submit these to Companies House. The Year End Accounts will provide us with the information we require to prepare your tax returns.
Many business owners who we speak to when we take on new clients do not understand what the year end accounts mean. It is important to us that all of our clients understand the Year End Accounts and that is why once we have produced these we will sit down with you at your premises to go through them with you. These are documents that can assist you in planning for your businesses future by monitoring what you did in a previous year.
