Annual Financial Statements preparation

If you run a business Annual Financial Statements preparation is mandatory. These are Statement of financial position and Statement of profit and loss. They contain information about value of your business and its profitability and tax liabilities.

I ensure they are prepared promptly. It enables you to have plenty of advance notice of your tax liability. I also review and analyse these Financial Statements to help you in future planning.

Financial Statements are also much sought by shareholders (in case of limited company), bankers, potential investors, credit rating agencies and suppliers.

The last but not least if you are a limited company there is a legal requirement for abbreviated version of Financial Statements to be filed at Companies House. I will ensure that they are correctly prepared and submitted, but that only the minimum amount of information is publicly disclosed.