The submission of year end accounts – often referred to as statutory accounts or abridged accounts – is a legal requirement in the UK, with all limited companies having to do so within nine months of their financial year end.
Many businesses are confused by their obligations, however, often having questions or concerns surrounding their preparation and submission.
Firstly… when exactly are your accounts due? Secondly… do you need to submit a full set of statutory accounts or a simpler set of abridged accounts, thereby hiding potentially sensitive information from prying eyes? Thirdly… exactly what needs to be included? All of these questions and more need to be answered with relevant, easy to digest information available when required.
Despite their importance, all too often we’re contacted by companies, sole traders and partnerships unhappy with the service they’re receiving from their current accountant.
Why choose Phil Owen & Co.?
At Phil Owen & Co. we’ll provide the timely, expert advice you deserve, helping you to structure your record-keeping processes more effectively. Not only will this make for a more smoothly running business, it’ll also make the preparation of your year end accounts that much easier.
We’ll also be on hand by phone or in person to answer any questions you might have, giving you the support you need to make truly informed decisions about the future of your business.
For those looking for even greater assistance, we can support your team with the likes of VAT and Corporation Tax returns. No matter what the subject, however, you can rest assured that our advice will be tailored to you and your business.
Want to learn more? Begin the process with a free consultation. You can visit us at our Liverpool HQ or we can come to you. Talk to our team today.