The year end accounts provide invaluable information about your business. Year end – also known as an accounting reference date – is the completion of an accounting period.
At this time, businesses need to carry out specific procedures to close their books.
All Limited Companies must prepare Year End Accounts for their shareholders and a copy must be filed with Companies House. Dependent on the size of the Company (as defined by the Companies Act 2006) either full or abbreviated Year End Accounts are filed online with Companies House. The accounts are also used as the basis for the calculation of Corporation Tax and a copy is also filed online with HMRC.
Penny Lane can prepare your accounts in accordance with industry standards. Whether you are a sole trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be an extremely stressful and time-consuming exercise. We offer competitive pricing with flexible appointment times and are dedicated to offering a professional, friendly service.