ANNUAL ACCOUNTS

Annual Accounts Richmond AccountantsEvery company has to prepare annual accounts to be submitted to Companies House within nine months of the end of the financial year.

Recently the financial reporting rules have changed and “micro entities” (companies with a turnover under £632k and with 10 employees or less) can take advantage of producing very simple annual accounts.

Complete and accurate bookkeeping should take place continuously in your business and each month or quarter a set of management accounts should produced that show you how your business is performing.

Download our free Bookkeeping EBook here.

The annual accounts are then very easy to produce – essentially they’re the twelfth set of monthly management accounts re-organised slightly for submission to Companies House.

Read more about Annual Accounts

Management Information - Accountants Richmond and Fulham How good are your management accounts? - This company has annual sales in the millions of pounds and it reminded me that there are many businesses in…
Accountants aren't always checking your accounts Accountants aren’t always checking your accounts - HMRC turn up for an inspection of the adequacy of accounting records (something they've started to do) and find that…
Annual Accounts - Accountants in Richmond and Fulham Annual accounts – a milestone or a millstone? - Drafting the accounts while last year's performance is still in everyone's mind is easier to do than leaving it for…