Statutory Accounts Preparation
Every UK based company has to produce year end Statutory Accounts for Companies Houseas well as for their shareholders and their bankers. With the advent of new legislation of the Companies Act 2006, International Financial Reporting Standards, the FRSSE and the FRSs, as well as the online filing commitments with HMRC via iXBRL, the year end can feel like a significant burden for your finance team.
Risks of errors
Not withstanding the risk of fines or penalties, incorrect statutory accounts can lead to payments of the wrong amount tax for the particular year.
What we can do
Our team are up to date with the changing practice requirements and have many years experience in producing statutory account which will present your company in the best possible light.