Financial statements provide important information and indicators for every business – let us help you to understand what they are telling you!
Comply with your obligations and gain valuable insights
Year-end accounts will form the basis of your tax returns
No matter your business structure, your accounts will form the basis of your tax returns. Talking Numbers will create year-end accounts from your monthly bookkeeping records, which we then use to create your tax return. Learn more about self-assessment…
Limited companies are also required to submit accounts to Companies House. Talking Numbers will prepare your annual accounts for you to review, and then submit on your behalf.
We will make sure that you are kept up to date and are compliant with new Making Tax Digital (MTD) rules which come into force in 2024. Learn more…
We recommend Xero cloud accounting software or an equivalent. Using MTD-ready software will soon become a requirement, so it’s best to start now!
Our service includes the reconciliation of all accounts and completion of trial balance. We will then prepare a statement of profit and loss and a balance sheet for you to review.
It goes without saying that your accounts will be prepared in accordance with accounting standards, but further than this we will ensure you understand them!
Understanding your numbers is the key to business and financial success.
How Else We Can Help
We offer a full selection of services for small and growing businesses! Learn more by selecting a service below:
Our Services for Small Businesses
Articles & Advice
Corporation Tax – What is it and do I need to pay it?
On 17 November 2022, the UK Government Chancellor, Jeremy Hunt, confirmed that the planned rise in corporation tax will go ahead on 1 April 2023. This means what the rate of corporation tax will increase to 25% for profits for the financial year 2023-24. But it’s not...
Self-Assessment Deadline – Are You Prepared?
With under 60 days until the self-assessment deadline, are your tax affairs in order? The deadline for online submission of self-assessment tax returns for individuals and sole traders is 31 January 2023. This applies to all sole traders, company directors and...
Autumn Statement 17 November 2022
The UK Government’s Chancellor, Jeremy Hunt, has set out in his Autumn Statement measures that he views will bring under control inflation and growth of the economy. He described the measures a method to make the downturn caused by inflation “shallower”. The...
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