Once a year, every business owner finds themselves rushing around trying to compile their year end accounts for filing. It doesn’t matter what kind of business you own or even the structure of it – if you’re a sole trader, a partnership, a limited company or a limited liability partnership, you have to submit yearly accounts to Companies House.
Your year end accounts provide valuable information about your business, and not just for Companies House or HMRC. Using the information in them, you can see is your sales margins are set appropriately, and compare your performance this year to last year. Movements in sales and expenses are laid bare, allowing you to make better decisions in the future. Discrepancies and anomalies can be highlighted and investigated promptly, and you can be sure you have the information you need to drive your business to success. But it’s not just about business advantages. You’re also legally required to produce and file yearly accounts with Companies House (if you are Limited Company), within 9 months of the year end date. This often leads to business owners scrambling around at the last minute in a desperate rush to get them done. Sound familiar?
It doesn’t have to be. At Berkshire Accountants Limited, we take away the pain of preparing your accounts by handling them for you, and even filing them with companies house for you too. All you have to do is provide us with the information, and then rest easy knowing your accounts are taken care of. We also prepare the accounts for unincorporated businesses such as sole traders and partnerships, all the way up to small and medium sized businesses. And we don’t just prepare and file – we use this as an opportunity to discuss your recent performance and growth prospects for the future – providing you with constructive advice on taxation and business development.
To find out more, just get in touch with us today.