ANNUAL ACCOUNTS

Annual Accounts

Whether you are Limited company or a Sole Trader, we can support your annual accounting requirements

Statutory accounts

Statutory accounts are the formal end-of-year accounts required of a Limited Company.

They need to be filed with Companies House within nine months of your company year-end date.

Statutory Accounts consist of a profit and loss account, used to calculate the amount of Corporation Tax your business owes for the year and a balance sheet.

Sole Trader or Partnerships

If you are a Sole Trader or Partnership, we can prepare your annual accounts. Although annual accounts are not a legal requirement for sole traders or partnerships, they may be required by lenders if you require a mortgage or loan.

The annual accounts, in most cases, will be used to prepare your self-assessment tax return.

Ensuring full compliance

If you are a Limited company or a Sole Trader, we will file your abbreviated accounts with Companies House or your Self-Assessment Tax Return with HMRC and ensure that you comply with all relevant tax legislation in a timely manner.

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I first hired Andrew as a new sole trader in 2012. His expertise and knowledge was evident from the outset, and this reassured me as a newly self employed person. Andrew is personable and open, and took time to understand my business and accountancy needs. I trust Andrew’s advice and information, and he continues to offer support in helping me to develop my business. My husband has recently become a sole trader and is also using Andrew’s accountancy services. I would highly recommend Andrew to anyone needing financial management or accountancy services.

Marie Brobyn
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Thank you Andrew for your support & professionalism during my recent planning application at my equestrian business, as you know it all hinged on the financial viability of the business. Both consultants that dealt with the application for me commented that they had never worked with any accountant that had been so amenable & willing to help whilst also realising the importance that speed of response was of the essence.

Sharon Thomas, Burley Lodge Stables
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I switched my business and personal accounting services to Andrew at ADM Accountancy this year after a recommendation from a friend. The service has been excellent in every respect and I have no hesitation in recommending Andrew at ADM for anybody self-employed or owning / running a SME business.

Phil Lynn, PML Projects Ltd
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Andrew has been involved with Williams Windows from the outset and his advice and guidance has been fantastic and we would not hesitate to recommend him to any other business, new or old. Andrew responds immediately to any requests we make of him and suggests ways to make our business more tax efficient. We look forward to a long business relationship with ADM Accountancy Services.

Ian & Roz Williams, Williams Windows
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Andrew is extremely knowledgeable and trustworthy. He’s helped and advised me on numerous occasions. He provides a considered accountancy service that meets all my financial needs and helps develop my business going forward. I wholeheartedly recommend him to anyone looking for accountancy services.

Kelly Owen, Ultimate Proof Ltd
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Andrew is always accessible when I require advice or information. He is like a safety net for my inexperience in accountancy! He is polite, helpful and efficient and I can always rely on him. He gives me confidence when I am in doubt. I wouldn’t be a successful business without him.

Carol Hunt, Glos Little Ducklings