Annual Accounts Preparation
Your company’s annual accounts - called ‘statutory accounts’ - are prepared from the company’s financial records at the end of your company’s financial year. Statutory accounts must include:
- A ‘balance sheet’, which shows the value of everything the company owns, owes and is owed on the last day of the financial year
- -A ‘profit and loss account’, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
- - Notes about the accounts: Account is a financial statement that all limited companies are required to file at the end of accounting year.
- -A directors’ report is a financial document that larger limited companies are required to file at end of the financial year.
At Accountancy Hub, we understand that every business is different and we always take the opportunity to gain a full picture of each business we work with.
As well as compulsory accounting duties, such as filing your year end accounts or VAT returns, we can also assist you to plan for the future of your business and assist you to make the most of the talents within your company.