First the statutory requirements – every Company needs to submit a set of year-end accounts to Companies House within 9 months of their financial year-end.
How much detail you need to disclose depends largely on the size of business. There’s nothing for you to worry about here though, this is something that clearly falls under the heading of “what we are good at”.
Of course, Accounts aren’t just prepared for statutory purposes. A good set of accounts show the financial performance of the business, it’s assets and liabilities. They provide a useful tool for making business decisions regarding growth, investment or identifying areas where costs can be saved.
TF Accounts will work with you to tailor the content of your Accounts to suit your requirements.
The core data for the Accounts will come from your accounting records. Fortunately, the days of maintaining manual ledgers are in the past. These days, cloud based Accounting Software links directly with your Bank account to provide real time information on the financial performance of your business.
TF Accounts have partner accreditation with Sage Business Cloud and FreeAgent as well as experience of other cloud based software including Xero and QuickBooks. We can provide initial support and training to help you on your way.
