Timely, accurate and understandable information is the key to successful decision making. At Traynor Accounting we work with you to develop a reporting pack which provides you with the key information you need to run your business. We can incorporate our service with your existing bookkeepers and accountants, or we can provide an integrated service from bookkeeping to year end accounts and tax returns.
Our management report packs are tailored to your needs and typically include:-
A clear and concise summarised commentary, highlighting the key performance indicators during the month and year to date
Profit and Loss and Balance Sheet reports
Variance reporting of actual results versus budget
Cash flow and profit forecasts
Aged debtor and creditor analysis
Personal and corporation tax forecasts
Meetings can be arranged with clients monthly or quarterly to review the information provided.
If you are a limited company, you are required by law to prepare annual accounts that must be filed with Companies House in a statutory format. We can prepare your statutory accounts and file these with Companies House on a timely basis each year.
Audited Statutory Accounts
If your annual turnover exceeds £6.5 million you are required to have your statutory accounts audited. If however your business meets the following criteria, you qualify for audit exemption:-
Annual turnover £6.5 million or less
Balance sheet total of £3.26 million or less
Average number of employees 50 or less.
Traynor Accounting have taken the decision to concentrate on non audit client services and therefore do not provide an audit service. However, we can prepare your statutory accounts for audit submission and arrange for a third party to provide your audit services, which we feel is a much more objective approach.
Telephone 01236 222668 or 0141 280 8941 for your free no obligation consultation.