We are specialists in preparing year end statutory accounts and tax returns. We are ACCA qualified so will always ensure that your returns are correct and compliant with government legislation.
We can assist with your choice of accounting system given our extensible experience of testing packages over the years and do not go with the philosophy that “one size fits all”. As part of the accounts process there are many elements to be covered, some of which are listed below.
Bookkeeping
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation
VAT Compliance
For businesses with VAT registration, and providing taxable supplies of goods or services, there are a number of requirements to follow to ensure they are fully compliant with VAT regulations.
Management accounting
In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.
Annual accounts
Your company’s annual accounts – called ‘statutory accounts’ – are prepared from the company’s financial records at the end of your company’s financial year.
You must always send copies of the statutory accounts to:
All shareholders
People who can go to the company’s general meetings
Companies House
HM Revenue and Customs (HMRC) as part of your Company Tax Return
You have different deadlines for sending your accounts to Companies House and your tax return to HMRC, but you may be able send them at the same time.
Cashflow projections
A projected cash flow statement is used to evaluate cash inflows and outflows to deter. mine when, how much, and for how long cash deficits or surpluses will exist for a farm business during an upcoming time period. That information can then be used to justify loan requests, determine repayment schedules, and plan for short-term investments. This publication focuses on preparing and using a projected cash flow statement in managing the farm business.
Business planning
A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.
Accounts Preparation
At Raymond’s Accountants, our friendly and experienced staff can help you with all your accounting needs regardless of whether you are any of the following:
Limited Company
Limited Liability Partnership (LLP)
Soletrader
Partnership
Tax Return only and or rental accounts
Subcontractors in the Construction Industry Accounts and obtaining Tax Refunds.
We can prepare your accounts from your source documents/records to a statutory format in accordance with Companies Act for incorporated entities, we assist incompletion of Self Assessments for Soletraders and Partnerships.
Should you prefer for us to maintain your books and records for you, please visit our bookkeeping services page to see how we may be able to assist you.
As part of your accounting services, we identify areas where we may be able to assist you in minimising your tax liability and outline any potential areas for improvement within your business.
As part of our accounts package, we like to take the time to go through your accounts with you prior to submission to ensure that you are totally satisfied with our preparation and to sort out any potential queries.
A large proportion of our new clients come through recommendation from their colleagues and friends who use our services. This would only be the case if our clients are happy with our services.
