MORE ABOUT
ANNUAL ACCOUNTS
SMASH Accounting have vast experience in supporting and delivering your annual accounts.
Because of its importance, we understand that the accounts preparation process can be daunting and stressful. We have endless experience in preparing accounts for review at HMRC, you can be rest assured knowing that your year end accounts are in the safest hands!
What is Annual Accounts Preparation?
A company’s annual accounts are called the “statutory accounts,” and are based off of the company’s financial records at the end of their financial year. The purpose of preparing annual accounts is to present HMRC with a report of the financial activity the company has undertaken in the last 12 months. A company is also requires to file annual accounts with companies house annually.
What does Annual Accounts include?
It is essential that you prepare your annual accounts correctly, containing the right documentation and therefore, information. This report of annual accounts can be given to shareholders and other important figures involved in the company, as well as HMRC.
We can help take the pressure off you and ensure you are claiming the correct tax breaks. What we can do for you:
- Use your bookkeeping records to prepare your annual accounts submission
- If you are a limited company we can produce accounts in the correct statutory format which, once approved, we electronically file at Companies House and HMRC
- For sole traders and partnerships, we prepare financial statements which are used to prepare your self-assessment tax returns
- Accounts are prepared to agreed timescales and deadlines
Let us help you go forward
Get in touch
send us an email
enquiries@smash-accounting.co.uk
give us a call
0191 308 1500