Accounts Preparation – Able & Young

Accounts Preparation

Accounting is the process by which we evaluate the financial records drawn up by a bookkeeper of a business. The evaluation process requires our professional judgement and experience to properly classify, analyse, and interpret the financial and other records of a business.
As your business grows, your bookkeeping and accounting requirements also grow with it. The year-end accounts provide valuable insight about your business and can also be very useful for mortgage applications or discovering efficiencies and allow you to forecast for the future.
The results of the accounting evaluation are normally presented as financial statements of the business and may include statements of profits and losses, assets and liabilities, changes in value and cash flows. Together, these will represent the progress or failures of your business. The financial statements can be produced for either your company, sole trade or rental businesses.
We can assist and advise you on how to keep detailed and clear records to help you run your business more effectively
We ensure you can claim deductions and rebates that you are legally entitled to claim.

Our accounting and compliance services include:

  • Help and advice throughout the year
  • We take care of all dealings with HMRC and file all necessary returns
  • An annual set of accounts
  • Fully complied and submitted to Companies House and HMRC
  • Book-keeping services
  • Setting up the most tax effective business structure