Limited Company Accounts
If you are a director of a limited company it is your responsibility to ensure that year-end accounts are filed to both Companies House and HMRC each year.
Sole Trader and Partnership Accounts
Sole trader and partnerships structures carry a lower burden of financial reporting obligations however this does not mean that the accounting process can be ignored.
Bookkeeping
The key to being able to produce accurate financial reports for any small business is to have a proper system of recording and analysing transactions. These systems can be costly and time consuming when done in-house.