Statutory Accounts Preparation
Our audit and general practice team are experts with vast experience in preparing accounts to meet your needs and those with a stake in your business. And being a firm of Chartered Accountants, you have the peace of mind that we operate with the highest ethical standards.
For owner-managers, finance directors or financial controllers, our assistance with the year-end accounts preparation process not only provides help and advice with more complex accounting issues but also aids in interpreting the results and can assist with future business planning.
The year-end process has become more proactive and engaging for many clients with the introduction of cloud-based accounting software. This has not only made data transfer and the end-of-year process significantly easier for our clients, but it has also led to the more timely preparation of year-end statutory accounts and, as a result, the earlier calculation and notification of tax liabilities and potential business issues, critical for planning and cash flow forecasting for all businesses.
"Outsourcing the payroll service to Craufurd Hale was the best value for money service we have engaged with any service provider."Mike McFetridge, Cheam Insurance Brokers Limited
Our accounts preparation work covers:
- Limited companies
- Limited Liability Partnerships
- Sole Traders
- Pension Schemes
One of the key benefits of using Craufurd Hale LLP for accounts preparation work is that, as part of review work, we will report back to you not only on the financial results of the business but also report errors or omissions which have been identified during the course of the work and, where applicable, we will advise on areas for improvement in systems and controls.
Statutory accounts can be prepared using the reduced accounting disclosures of FRS 105 where applicable or under the FRS102 accounting regime, in which case where more comprehensive disclosures are made for the public file at Companies House. Reliable and accurate accounting information is critical for the success of any business and in particular in demonstrating value to a potential new owner in the event of a potential sale.
Already acting for a number of multinational group companies, our audit and general practice team not only has experience in preparing group consolidated accounts but they can also liaise with the audit team at Craufurd Hale Audit Services in order to provide a complete service.
“I have been a customer of Craufurd Hale (formerly Hale and Co) from more or less when I first started my business over 16 years ago. I went to them in the first instance because the advice I was receiving from my initial accountant was not up to the professional standard I expected. I have no such worries about Craufurd Hale. While taking away the headache of basic accounting compliance they have also helped guide my business through the regular raft of other tax and legislative changes that make the process of running your business more difficult. I would have no hesitation in recommending them"Mr B Aldridge, Brian Aldridge Associates Ltd
"Craufurd Hale has the professional expertise in tax and accounting that gives me the same confidence I would get from the "big four" firms whilst also providing a high level of client service on a personal level. I never hesitate in recommending them to business associates."Paul Lower, Managing Director, Financetrainingplus