Year End Accounts

As accountants and small business advisers, we can understand that each business needs to prepare a set of accounts to comply with the Legislation. 

Preparation of end of year accounts is a time-consuming task that requires professional intervention. 

This set of accounts include document accounting transactions, Reconcile all balance sheet items, Review income statement accounts for misclassifications, Payroll and vendor tax forms, Closeout outstanding receivables, Create an annual budget (Optional), Become audit-ready (as per requirement), Assess internal controls, various types of annexures as per requirements etc. 

Many businesses struggle to submit their Year End Accounts to Companies House and HMRC within the deadline and that incurs a risk of huge penalties.

Who doesn’t want to be punctual? SmartAWARE can take all that responsibility and make sure you meet all the deadlines and your year-end accounts accurately reflect entities financial position. 

But we also go a step further, we’ll advise you where improvements and savings for the future growth of your business can be made.