Management and Annual Accounts
Up-to-date financial information is crucial to the efficient running of your business. Management accounts provide one key source of the financial data you need.
At Simon Coles & Co, Central London Chartered Accountants, we can extend our bookkeeping services to enable preparation of monthly or quarterly management accounts, to help you set budgets and measure performance against financial targets, as well as acting to provide valuable supporting information should you need to source business finance.
Although your annual accounts are necessary to keep you compliant with regulatory requirements and the tax authorities, they have the potential to offer you much more.
Prepared in the right way, they provide a vital tool to help your business run smoothly and provide valuable data for forward-planning and decision-making.
Because we believe in getting to know our clients and their businesses, we are ideally placed to prepare and interpret your accounts in the context of your business needs and the bigger economic picture of the sector in which you operate. We also like to time your accounts production so that you can take advantage of early tax planning opportunities.
Our experience and expertise allow us to identify strengths and unexpected trends within your accounts. If we find areas where your business and its performance could be strengthened, we’ll also suggest solutions.
