Bookkeeping and
accounting compliance

It is obligatory for every UK registered company to prepare and file accounts at Companies House once a year, where they are held for public inspection. Filing of the accounts must be done post nine (9) months of the year end of the company. Small businesses may file accounts with limited information, at the same time large businesses may have to disclose additional information and conduct a statutory audit.

We are able to assist businesses with preparing their accounts, ensuring that everything complies with the requirements of the UK Companies Act; the appropriate accounting standards are followed. We also give advice to businesses on first time implementation of the new UK accounting structure, FRS 102, where relevant.

There are a number of factors that need to be considered when completing the books of accounts, i.e. financial reporting deadlines, HMRC deadline for Value added tax (VAT) compliance, computation of capital gains tax (if any asset is sold) and other bookkeeping activities. Often, keeping track of the bookkeeping needs can be a time-consuming process, distracting owners from the basic activities of running the business effectively. we can help businesses with the day to day bookkeeping, along with management accounts and tax return filings, either quarterly or annually, as required.