At the end of the year we can translate your books into accounts. We deal with all the statutory accounts and financial statements for Companies House, including:
Balance Sheet: A report of what you own, owe and is owed at the end of your financial year.
Profit and Loss Account: All your sales and expenditure for the year.
Notes to the Accounts: prepared according to New GAAP (New General Accepted Accounting Principles): covering the details, complexities, and legalities of your business and corporate accounting.
Director’s Report: Your company’s compliance with a set of financial, accounting, and corporate social responsibility standards. (This is not required if you are a micro-entity).
Organising your books is what we’re good at – we implement best-in-practise processes to manage them with minimum effort and maximum outcome. We provide monthly reporting to highlight important information that helps to inform business decisions throughout the year not just at the end. We favour using Xero for managing your accounts but we are proficient in QuickBooks and Sage. Depending on the size of your business we provide advice on the advantages of each system.
We advise and ensure you are set up to report correctly for Tax and VAT according to your business’s requirements so that you’re operating in accordance with the relevant laws within the UK and globally.
Navigating the ever-changing requirements for international sales across Amazon and other marketing places is tricky but it’s what we specialise in – so you are in safe hands.