Statutory Accounts

Year-end accounts are important. Not just because they have to be filed by all limited companies and LLPs at Companies House but also because they make a difference. Accounts are available for public inspection. Suppliers and customers will look at them. Credit agencies will base their ratings on them. Therefore, we will ensure they are accurate and well presented, as they need to be.

Our service can range from working with you to identify which of the regulatory standards apply to you, developing a pro-forma set of accounts for your finance team to complete, through to preparing the complete set of accounts for you to review and approve.

The regulatory framework regarding accounts preparation has gone through a lot of change over recent years and is continuing to do so. With International Financial Reporting Standards (IFRS), FRS 102, and the Financial Reporting Standard for Micro-Entities (FRS 105), keeping up to date has never been more complex and time consuming. This can be a big distraction for your finance team who need to be focused on running the business.