The Statutory Accounts must be prepared in accordance with accounting standards and the Companies Act legislation.
Depending on the company’s individual circumstances, the company may file abbreviated or full accounts. Smaller companies can file abbreviated accounts where details such as turnover and levels of profit are withheld.
Regulated for a range of investment business activities by the Association of Chartered Certified Accountants and as Regulated Auditors, we will advise you on the most appropriate format for your company.
With VMK Accountatns preparing your annual Statutory Accounts, you can be rest assured that the accounts will be prepared in accordance with accounting standards and the Companies Act legislation. We will ensure enough time is taken to discuss and explain your accounts in order for you to understand the financial aspects of your business, helping us to help you plan for the future.
But we don’t stop there. We can also provide you with regular management accounts to keep you informed on essential areas such as:,
- Performance ratios
- Customer activity
- Credit control
- Budget comparisons
You will also benefit from reduced fees for the year-end preparation of the accounts.We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts.
We begin by discussing your specific requirements with you and then we set up appropriate accounting procedures and controls and ensure your accounts are kept fully up-to-date and in compliance with statutory regulations.
- Payroll administration
- VAT returns
- Bank reconciliations
- Annual accounts
Contact Us today to discuss how we can help you keep your books in good order.