As a Chartered Accountancy practice we prepare annual accounts for various purposes on behalf of sole traders, partnerships, companies and other organisations. The majority of these are prepared on an annual basis and some are prepared and presented to tight deadlines. In general these accounts will form the basis of Income Tax returns and in the case of corporate entities the basis of accounts on which the subsequent publication of the accounts will be based.
Accounting and bookkeeping requirements of entities vary considerably and are dependent on trading factors and availability of client in-house resources.
We prepare and present annual accounts for various entities and interim accounts (monthly, quarterly) for others, as their needs require. The presentation and interpretation of regular financial information is crucial in these instances and enables the entities to monitor performance, manage cash flow, revise budgets and take whatever measures are appropriate to achieve their financial objectives.
We provide advice on bookkeeping and technical advice on the Financial Reporting Standards (FRSs) issued by the Accounting Standards Board and the International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board.