Management information is crucial to understanding your business’s financial health. It allows you to make significant, well-informed business decisions. Management information is the data in a company that provides critical information to help business leaders and directors with business decision-making. Management information covers a wide range of areas of accounting data, including profit and loss … Read more
You might be able to send simpler, abridged accounts to Companies House and not be audited. This depends on whether your company is dormant or qualifies as a small company or ‘micro-entity’. Small businesses may submit abridged year-end accounts if they meet at least two of the following: has fewer than 50 employees; turnover is … Read more
Year-end accounts are a legal requirement. They must be submitted to Companies House within nine months of the end of your financial year. Your corporation tax return is then required to be submitted to HMRC (alongside your year-end accounts) within 12 months of the end of your company’s financial year.
In business, the year-end is defined as the end of a company’s financial year. Year-end accounts, therefore, are a summary of your business activities over a 12-month period. Statutory accounts must include: a ‘balance sheet’, which shows the value of everything the company owns, owes and is owed on the last day of the financial … Read more
Accountancy and bookkeeping tasks can be time-consuming for any business. Employing the services of a Chartered Accountant will ensure you remain compliant and save you time, enabling you to concentrate on the daily running of your company. Our experienced specialists can assist you in filing your year-end statutory accounts, which must be provided to HM … Read more
