Accounts

Monthly Management Accounts
Our core service is the preparation and provision of monthly management accounts. One of our consultants will call on you either on a monthly or quarterly basis (whichever you choose) to collect all of the paperwork necessary for our computers to provide an easy to understand, yet detailed set of accounts showing income, purchases and expenses, together with the assets and liabilities of your business. The accounts will show as much information as you require and can be tailored to your business needs.

The figures will also show comparisons for each month and cumulatively for the year-to-date, together with the previous year comparison so that you can monitor your business progress.

At the same time as collecting the paperwork, our consultant will return all the paperwork previously collected from you, together with a copy of the monthly management account. The consultant will then sit down to discuss any aspect of the accounts which either you or he feels is in need of attention.

Also included in this service is the compilation of the quarterly VAT Return. Each quarter we will complete your VAT return and internet file the relevant figures with HM Revenue & Customs on your behalf if required. A copy of the submitted figures, together with the submission confirmation will then be forwarded to you in order that payment can be made.


Year End Accounts
Our team of accountants will prepare and complete full financial accounts, consisting of Trading and Profit and Loss Accounts, Balance Sheet and details of assets held, together with Income Tax and Capital Allowance Computations, required for incorporation into the Self Assessment tax returns. Once the approved copies have been returned to ourselves, bound copies will be sent to you for your records.


Abridged Accounts
Another service that we are able to provide is Abridged Accounts. These are produced for various reasons when you do not want to provide details of your full Year End Accounts (ie. when you need to provide figures for a prospective buyer or for bank loan purposes). The details are taken from your Year End Accounts and consist of your sales figures and expenditures.


Projected Accounts
These are usually requested by your Bank or Brewery. In this instance, we will analyse your accounts information to date, and using current trends and profit margins, we will produce a set of accounts (using the abridged accounts format), showing estimated figures for the following trading year.