Expert Accounting Services

As a limited company, you are required to prepare and submit statutory accounts, also known as annual accounts, at the end of each financial year. But don’t worry – we’re here to help you navigate the process.

For all limited companies, your statutory accounts must include:

• A balance sheet: a snapshot of your company’s financial position at the end of the year, showing what it owns, owes, and is owed.
• A profit and loss statement: a detailed report of your company’s net profit or loss over the year.
• Notes about the accounts: additional information that provides context to your financial statements.

Depending on the size of your company, you may also need to include:

• A directors’ report: a review of your company’s performance and position by the directors.
• An auditor’s report: an independent assessment of your company’s financial statements.

At AD Accounting, we specialise in preparing statutory accounts that meet either International Financial Reporting Standards (IFRS) or New UK Generally Accepted Accounting Practice (UK GAAP). We can help you speed up the process and ensure compliance with all relevant regulations. Contact us today to learn more!

We’ll work with you to develop a comprehensive financial plan that outlines your business’s financial objectives, ensuring you’re aligned with your goals.

We’ll help you create a detailed budget that outlines how you’ll achieve your financial objectives, including revenue, expenses, cash flow, and debt reduction projections.

We’ll analyse your historical data and current market conditions to provide accurate predictions on your future revenue and profitability.

We can also provide your business with personalised management accounts, which are financial reports tailored to your specific needs. These reports are typically produced on a monthly or quarterly basis and include:

• A Profit & Loss report: providing a detailed breakdown of your business’s income and expenses.
• A Balance Sheet: offering a snapshot of your company’s financial position, including assets, liabilities, and equity.

These reports are designed to be less formal than year-end accounts and are intended to provide valuable insights to business owners and managers. With our management accounting services, you’ll be able to make informed decisions about your business and drive growth and profitability.

Contact us today to learn more about how we can help you achieve your financial goals.