Year end accounts are the formal record of your business performance and position. They underpin tax filings, bank lending, shareholder decisions and sometimes a sale process.
What we cover
Full year-end process: trial balance review, adjustments for accruals, prepayments, depreciation, stock, debtors and creditors, related party transactions and director balances.
- Preparation of statutory accounts under applicable reporting frameworks, directors' reports where required, and filing with Companies House. Coordination with corporation tax or personal tax computations.
How we work
Best results come when bookkeeping is maintained during the year. We reconcile Xero (or your system) to year end, list remaining queries, agree adjustments and draft accounts for your review.
- Eoín reviews every set of accounts personally before issue. Meetings walk through profit, balance sheet and tax implications.
Accounts your bank will accept
Lenders across County Tyrone typically want consistent, timely accounts with understandable notes. We format packs to meet common covenant and facility renewal requirements.
- Where stock, work in progress or long-term contracts matter, we agree valuation approaches before the year closes.
Director and shareholder clarity
Shareholder meetings run smoother when directors receive accounts that explain movements in reserves, dividends paid and retained profit available. We walk through drafts in plain language.
- Related party balances and director loans are cleared or documented properly to avoid tax complications.