This core compliance service is suitable for businesses that already handle day\u2011to\u2011day bookkeeping themselves but require professional accountant support at year\u2011end for statutory financial statements and tax filings. We work on a project basis, focusing on the \u201cyear\u2011end close\u201d process, providing high\u2011quality financial statements and robust tax compliance assurance.<\/p>\n
Year\u2011end Ledger Review and Adjustments \u2013 After the financial year end, we conduct a comprehensive review and adjustment of your full\u2011year ledger data. This includes: verifying completeness and correct classification of all income and costs; confirming closing balances of receivables and payables and assessing bad debts; calculating depreciation and amortisation; confirming prepayments and accruals; stocktaking and adjusting inventory discrepancies; verifying loan and lease liabilities and interest accruals. All necessary adjusting and reclassification entries are made to ensure a true and fair view.<\/p>\n
Preparation of Full Statutory Financial Statements \u2013 We prepare complete statutory accounts under UK GAAP (FRS 102 or FRS 105), including the Statement of Comprehensive Income, Statement of Financial Position, Statement of Cash Flows, and Notes to the Accounts. For larger companies, we also draft the Directors\u2019 Report and Strategic Report, ensuring full compliance with the Companies Act 2006 disclosure requirements. All statements are delivered in both electronic (PDF and Excel) and printed formats.<\/p>\n
Corporation Tax Computation and CT600 Filing \u2013 Based on the adjusted taxable profit, we accurately compute the Corporation Tax due. We systematically review all available reliefs and deductions \u2013 Annual Investment Allowance, R&D tax credits, creative industry reliefs (if applicable), interest restriction compliance, etc. We file the CT600 return electronically with HMRC, accompanied by full supporting tax computation schedules.<\/p>\n
Filing Annual Accounts with Companies House \u2013 We determine the appropriate filing format (abridged, filleted, or full accounts) based on your company\u2019s size, and submit the annual accounts electronically on your behalf, ensuring all filings are completed before the 9\u2011month statutory deadline to avoid penalties.<\/p>\n
Shareholder and Director Financial Reporting Pack \u2013 In addition to statutory statements, we prepare a plain\u2011English presentation pack for directors and shareholders, using charts and key metrics to explain annual performance \u2013 revenue growth, margin changes, balance sheet improvements \u2013 so that even non\u2011finance members can easily understand the financial position.<\/p>\n
Year\u2011end Tax Planning and Next\u2011Year Outlook \u2013 Upon completing the annual filings, we provide tax planning advice for the coming year, including profit extraction strategies (optimal salary vs. dividend mix), timing of capital expenditure, deferred tax management, etc. We also give you a key compliance calendar for the next financial year to help you plan ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"
This core compliance service is suitable for businesses that already handle day\u2011to\u2011day bookkeeping themselves but require professional accountant support at year\u2011end for statutory financial statements and tax filings. We work on a project basis, focusing on the \u201cyear\u2011end close\u201d process, providing high\u2011quality financial statements and robust tax compliance assurance. Year\u2011end Ledger Review and Adjustments \u2013 […]<\/p>\n","protected":false},"featured_media":18741,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[191],"product_tag":[],"class_list":["post-18762","product","type-product","status-publish","has-post-thumbnail","product_cat-consulting-services","first","instock","shipping-taxable","product-type-simple"],"_links":{"self":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product\/18762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product"}],"about":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/media\/18741"}],"wp:attachment":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18762"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_brand&post=18762"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_cat&post=18762"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_tag&post=18762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}