Accounts production for start-up businesses

Every business needs to prepare accounts. These are normally filed with HMRC as part of your annual tax return. Limited companies and limited liability partnerships also need to file them with Companies House.

But these aren’t necessarily the only reasons you might want a set of accounts prepared. Accounts, typically a profit and loss account and balance sheet, are also a great tool which can also be used to monitor how your new business is performing.

Each year, having prepared your accounts, we’ll sit down with you and run through the numbers, providing advice as we go.

You’ll often need to make some decisions about the accounting rules you’ll need to follow, and we’ll work with you to decide the best choice for your business from both a reporting and a tax perspective.

Whether you’re already aware of your obligations or whether this is completely new to you, we can help you through the process.

Before we start any work, we will have agreed a fixed fee with you, so you can rest assured there’ll be no surprises down the line.