Understand the requirement
We discuss your circumstances, what you need done and any dates or information already available.
Accounts & reporting
Accounting that gives you a clearer picture.
Straightforward accounting support for businesses and individuals, with financial statements and practical explanations you can put to work.
The service
Understand the figures behind your business.
Reliable accounts provide a record of how a business has performed and a basis for considering what comes next. We prepare accounts and financial statements for businesses and private clients, with the work agreed to suit the relevant reporting and tax requirements.
We can also discuss what the figures mean, how performance compares with expectations and which questions may need attention. Where the work calls for it, accounting support can connect with tax, bookkeeping or management reporting.
Every engagement starts with a conversation about your circumstances. We can clarify what is needed, agree a practical scope and explain how the work will proceed.
Discuss accounts & reporting
What support can include
The essentials behind reliable accounts.
Explore the areas we can discuss. The exact work depends on your needs and the scope we agree.
Your circumstancesOur agreed scopeA clear next step
01Year-end accounts
Preparation of annual financial statements for companies and unincorporated businesses, based on the records and information provided.
02Self-assessment returns
Support with the accounts and figures needed for personal tax returns, with relevant information discussed as part of the work.
03Financial analysis
Review of financial results to help you understand performance, trends and questions to explore further.
04Tax-aware planning
Discussion of relevant business and personal tax considerations in light of your circumstances and agreed scope.
05Clear explanations
A practical review of key figures and what they may mean for your business or personal finances.
06Connected support
Where useful, coordinate accounts work with bookkeeping, payroll or management information discussions.
How we work
A clear process from first conversation to next steps.
Clear responsibilities and useful information help the work run more smoothly.
Agree scope and inputs
We confirm the proposed work, the information needed and the responsibilities before beginning.
Review and explain
We complete the agreed work and explain relevant outcomes, actions and questions to consider next.
YOUR NEXT STEP
Talk to our teamClearer information. Practical actions.
The agreed work is explained, with relevant questions and responsibilities to consider next.
Annual accounts questionsThe records behind
The records behind
reliable accounts.
Understand the information, reporting and discussions that can form part of an accounts engagement.
Ask our teamWhat is included in your annual accounts service?
The work can include preparation of annual accounts or financial statements from the records and year-end information provided. The requirements depend on the business structure and reporting framework, so we agree the scope and information needed before starting.
What records do you need to prepare business accounts?
Useful records commonly include sales and purchase invoices, bank statements, reconciliations, payroll information, loan details and year-end stock information where relevant. We discuss the business and provide a tailored information list for the agreed work.
Do I still need bookkeeping if you prepare the accounts?
Accounts preparation needs reliable transaction records. If your bookkeeping is incomplete, we can discuss the additional work required to organise or reconcile the records. Keeping them up to date can make the year-end process more manageable.
Can you prepare accounts for a wholesale business?
Yes. Wholesale accountancy is a practice specialism. Stock information, supplier balances, customer debts and purchase costs can all be relevant to the accounts. Read about our wholesale and food-import support.
How do stock records affect annual accounts?
Stock records help establish what goods are held at the reporting date and the information needed to assess their value. Counts, purchase costs and evidence of damaged or obsolete goods are important inputs. The treatment follows the applicable financial reporting requirements.
Can you explain the figures once the accounts are prepared?
Yes. We can discuss the key figures, movements and questions raised by the accounts as part of the agreed engagement. The aim is to help you understand the results rather than simply receive a set of documents.
Can accounts preparation be connected to tax work?
Yes. Accounts and relevant tax work can be discussed together. We clarify the returns or calculations involved, the records required and the responsibilities so that the accounting and tax information connect appropriately.
Can you work with incomplete year-end information?
Tell us which records are available and which are missing. We can assess the gaps, discuss how supporting information might be obtained and agree what further work is needed before accounts can be completed.
What is the difference between annual and management accounts?
Annual accounts report a completed accounting period under the relevant reporting requirements. Management accounts provide information during the year, with a format and frequency shaped around business decisions. They serve different purposes and can be used together.
How do I begin an annual accounts engagement?
Contact our team with your business structure, accounting period, current bookkeeping arrangements and any relevant reporting dates. We can then discuss the proposed work and the information needed to get started.
A helpful first step
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