Your Company Accounts Are A Window Into Your Business
A Limited Company by law is required to submit a set of accounts and a company tax return (CT600).
The company accounts generated at the end of the accounting period – normally every 12 months – are a window into how well your business is performing. It conveys in great detail how much; capital has been invested, funds the business used, profit and loss. In essence, a summary of your business expenses and income.
The preparation of company accounts is an extremely important document for your company. Normally, if you are looking for any funds to expand the business, the bank or other potential lenders will want to see a copy of your past company accounts.
It’s not surprising that your accounts can seem like they are written in hieroglyphics, far removed from the day-to-day business of running a company. It makes sense for you to outsource the preparation and filing of your company accounts. AHB FINANCE have extensive experience in providing such a service, tailored to your requirements and designed to remove the stress from you of this annual compliance work.
We Provide The Following:
- Use your bookkeeping records to prepare your annual accounts.
- Provide both a full and filleted set of company accounts for approval and filing with Companies House and HMRC.
- Filing filleted accounts ensure that only an extract of the Balance sheet is filed in the public domain. There is no information given on your Profit & Loss for the period.
- Your company accounts are the basis of your corporation tax return, therefore it is really important that they are correctly stated.
- We will provide general advice on how best to minimise your tax bill.
- We will prepare a full set of accounts in iXBRL format. HMRC requires a copy of your accounts sent to them in this format.
- We will seek to explain your accounts to you so that you understand how to manage your company’s future finances and cash flow.