primus accountancy

Account Preparation

About Account Preparation

UK Limited Companies are required to prepare and file statutory accounts with Companies House and HMRC, prepared in line with general accepted accounting standards.

While Sole traders and Partnerships do not have the same statutory obligation to prepare and submit financial accounts, they do have an obligation to submit financial information to HMRC via Self Assessment forms in accordance with general accounting standards.

We can assist you in meeting your statutory financial reporting requirements and, as part of our core service, we will:

  • Prepare annual financial statements in the required statutory format;
  • Assist in meeting Companies House and HMRC filing deadlines for Limited Companies;
  • All accounts will be filed in line with the electronic filing obligations placed on businesses.

Management Accounts

It is often good practice to monitor the financial performance of your business on a more regular basis, we can assist SMEs with the preparation of regular management accounts. These help to provide vital up to date information to help you make the right decisions for your business. The management accounts can help our tax specialist team in identifying planning opportunities early. We can also provide:

  • Preparation annual budgets; and
  • Financial projections;
  • Reports for financial institutions;

If you are seeking a bookkeeper or a management accountant, but don’t want the responsibility of appointing a full time employee to perform these services, we can provide a tailored service to suit your business requirements. We would be happy to be part of your financial support team.

Our approach

We suggest an initial no obligation, free of charge meeting, which allows us to understand your new business proposition and provides us with the relevant information to present some ideas and initial planning points.

From the initial meeting we would produce a full business support proposal which encompasses a summary of the main points along with a breakdown of our manageable “fixed monthly fee” for providing the service.

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Who we are

About Primus Accountancy

We provide our clients with a friendly, professional and cost effective service with the benefit of the close involvement of one of the firms’ partners.

Limited Company Contractors