Directors of limited companies must submit annual accounts and the corporation tax return to Companies House and HMRC generally within nine months of the end of their financial year. This is a complex process requiring professional expertise and specialist systems. Accuracy is key. It is illegal to knowingly submit inaccurate accounts as they can affect how much corporation tax your business pays. Banks, investors and other external parties will also evaluate your business’s accounts if they are considering lending to, investing in or partnering with your business.
Your business can be fined for filing inaccurate information or missing the deadline for filing its annual accounts.
There are very few businesses that can afford in-house accounting departments. We fills that gap while providing a range of added value services in this area so that you are guaranteed a clear and accurate picture of your company’s financial health. Our service system means that we can produce reports in a variety of ways and at different times of the year, giving you information as and when required.
Our services in this area include management accounts – monthly, quarterly or on an annual basis.