Accounts and Bookkeeping Service

Annual Accounts

Annual Accounts

Preparation and management of yearly financial statements. Our comprehensive annual accounts service ensures your financial statements are prepared accurately, on time, and in full compliance with UK accounting standards and Companies House requirements.

Annual Accounts Preparation

• Year-end accounts preparation in accordance with UK GAAP (FRS 102, FRS 105)
• Statutory accounts for Companies House filing
• Abbreviated and micro-entity accounts where applicable
• Directors' reports and strategic reports
• Full financial statements including profit & loss, balance sheet, and cash flow statements

Management Accounts

• Monthly, quarterly, or annual management accounts
• Key performance indicators (KPIs) and financial metrics
• Budget vs actual analysis
• Cash flow forecasting and management
• Financial reporting tailored to your business needs

Compliance & Filing

• Companies House filing and compliance
• HMRC corporation tax return preparation
• Deadline management and reminders
• Liaison with Companies House and HMRC on your behalf

Specialist Accounts Services

We provide annual accounts preparation for a wide range of entity types, each with specific regulatory requirements and accounting standards:

• IFRS Accounts: International Financial Reporting Standards (IFRS) accounts preparation for companies required to report under IFRS, including listed companies, subsidiaries of international groups, and entities with international operations. Our team has extensive experience in IFRS compliance, ensuring your accounts meet international reporting standards while optimising presentation and disclosure requirements.
• Consolidated Accounts: Preparation of consolidated financial statements for groups of companies, including elimination of intercompany transactions, consolidation adjustments, and preparation of group accounts in accordance with UK GAAP or IFRS. We handle complex group structures, including multi-level consolidations and joint venture accounting.
• Charity Accounts: Annual accounts preparation for charities and charitable organisations in accordance with the Charities SORP (Statement of Recommended Practice). We ensure compliance with Charity Commission requirements, including preparation of trustees' annual reports, statement of financial activities (SOFA), and balance sheets. Our expertise covers registered charities, exempt charities, and charitable incorporated organisations (CIOs).
• Not-for-Profit Accounts: Accounts preparation for not-for-profit organisations, including community interest companies (CICs), social enterprises, and other non-profit entities. We ensure compliance with relevant accounting standards while reflecting the unique nature of not-for-profit operations and reporting requirements.
• CIC (Community Interest Company) Accounts: Specialised accounts preparation for Community Interest Companies, ensuring compliance with CIC regulations and Companies Act requirements. We prepare accounts that demonstrate the CIC's community benefit activities and compliance with the asset lock provisions, including the community interest company report.
• Society Accounts: Annual accounts preparation for registered societies, including industrial and provident societies, friendly societies, and co-operative societies. We ensure compliance with the Co-operative and Community Benefit Societies Act 2014 and relevant accounting standards, including preparation of annual returns and compliance with FCA requirements where applicable.
• Co-operative Accounts: Accounts preparation for co-operative organisations, including worker co-operatives, consumer co-operatives, and multi-stakeholder co-operatives. We understand the unique governance and financial reporting requirements of co-operatives, ensuring accounts reflect member interests and co-operative principles.
• Mutual Accounts: Annual accounts preparation for mutual organisations, including building societies, mutual insurers, and other mutual entities. We ensure compliance with mutual-specific regulations and accounting standards, including preparation of accounts that reflect the mutual's member-focused structure and governance.
• Flat Management Company Accounts: Accounts preparation for flat management companies, residents' management companies, and right to manage (RTM) companies. We ensure compliance with leasehold legislation, including preparation of service charge accounts, reserve fund statements, and accounts that meet the requirements of the Landlord and Tenant Act 1985. Our service includes liaison with managing agents and preparation of accounts for leaseholders' review.

Why Choose Acumon for Specialist Accounts?

• Extensive experience across all entity types and accounting frameworks
• Deep understanding of sector-specific regulations and compliance requirements
• Expert knowledge of IFRS, UK GAAP, and sector-specific SORPs
• Efficient, accurate preparation that meets regulatory deadlines
• Clear, transparent reporting tailored to your stakeholders' needs
• Ongoing support and advice on accounting and regulatory matters

Year End Accounts Preparation

Year End Accounts Preparation

Comprehensive year-end accounts preparation service for statutory, management, and iXBRL accounts under UK GAAP and IFRS, with Companies House and HMRC filings. Our year-end accounts preparation service ensures your financial statements are prepared accurately, on time, and in full compliance with UK accounting standards and regulatory requirements.

Statutory Accounts Preparation

• Year-end statutory accounts preparation in accordance with UK GAAP (FRS 102, FRS 105) or IFRS
• Full statutory accounts including profit & loss account, balance sheet, cash flow statement, and notes to the accounts
• Abbreviated accounts for small companies (where applicable)
• Micro-entity accounts for qualifying small companies
• Directors' reports and strategic reports
• Audited accounts where required by law or regulation

Management Accounts

• Year-end management accounts preparation
• Key performance indicators (KPIs) and financial metrics analysis
• Budget vs actual analysis and variance reporting
• Cash flow analysis and forecasting
• Financial reporting tailored to your business needs and stakeholder requirements

iXBRL Accounts

• iXBRL tagging and formatting for HMRC submissions
• Companies House iXBRL filing compliance
• HMRC corporation tax return iXBRL tagging
• iXBRL validation and quality assurance
• Automated iXBRL generation and submission

UK GAAP and IFRS Compliance

• FRS 102 (UK GAAP) accounts preparation for medium and large companies
• FRS 105 (Micro-entities) accounts preparation for qualifying small companies
• IFRS accounts preparation for companies required to report under IFRS
• Compliance with Companies Act 2006 requirements
• Accounting standards updates and regulatory changes

Companies House and HMRC Filings

• Companies House accounts filing and compliance
• HMRC corporation tax return preparation and submission
• Deadline management and reminders
• Liaison with Companies House and HMRC on your behalf
• Penalty avoidance and compliance support

Why Choose Acumon for Year End Accounts Preparation?

• Extensive experience in statutory accounts preparation across all company sizes
• Expert knowledge of UK GAAP, IFRS, and regulatory requirements
• Efficient, accurate preparation that meets regulatory deadlines
• iXBRL expertise ensuring compliance with HMRC and Companies House requirements
• Clear, transparent reporting tailored to your stakeholders' needs
• Integrated tax expertise ensuring accounts and tax returns are aligned
• Ongoing support and advice on accounting and regulatory matters

VAT Accountant

VAT Accountant

VAT reporting and returns. Our VAT accounting service ensures accurate VAT calculations, timely submissions, and compliance with HMRC requirements, helping you avoid penalties and optimise your VAT position.

VAT Return Services

• Quarterly VAT return preparation and submission
• Monthly VAT returns for businesses with high turnover
• Annual VAT returns for small businesses (where applicable)
• VAT calculations and reconciliations
• Making Tax Digital (MTD) compliant submissions

VAT Planning & Advice

• VAT registration and deregistration advice
• VAT scheme optimisation (flat rate, cash accounting, annual accounting)
• Partial exemption calculations
• VAT recovery on expenses and capital purchases
• Cross-border VAT advice for international transactions

VAT Compliance

• VAT record keeping and documentation
• HMRC VAT inspection support
• VAT dispute resolution and appeals
• VAT health checks and reviews
• Deadline management and payment reminders

Sage Bookkeeper

Sage Bookkeeper

Bookkeeping services using Sage software. Our experienced Sage bookkeepers provide comprehensive bookkeeping services using Sage accounting software, ensuring your financial records are accurate, up-to-date, and properly maintained.

Sage Bookkeeping Services

• Daily, weekly, or monthly bookkeeping using Sage software
• Sales and purchase ledger management
• Bank reconciliations and cash management
• Invoice processing and credit control
• Expense management and coding
• Fixed asset register maintenance

Sage Software Expertise

• Sage 50cloud (formerly Sage 50) bookkeeping
• Sage 200 bookkeeping for larger businesses
• Sage Business Cloud Accounting
• Sage X3 for enterprise-level businesses
• Customised Sage reporting and dashboards
• Sage software training and support

Data Management

• Chart of accounts setup and maintenance
• Automated bank feeds and reconciliation
• Management journal entries
• Month-end and year-end procedures
• Data integrity checks and validation

Xero Bookkeeper

Xero Bookkeeper

Bookkeeping services using Xero software. As Xero Gold Partners, our certified Xero bookkeepers provide expert bookkeeping services using the Xero cloud accounting platform, giving you real-time visibility of your financial position.

Xero Bookkeeping Services

• Daily, weekly, or monthly bookkeeping using Xero
• Sales and purchase invoice processing
• Automated bank feeds and reconciliation
• Expense management and receipt capture
• Credit control and debt management
• Multi-currency transactions and reporting

Xero Platform Features

• Real-time financial reporting and dashboards
• Xero app integration and automation
• Collaborative access for your team
• Mobile app support for on-the-go access
• Xero Projects for job costing
• Xero Payroll integration

Xero Expertise

• Xero Gold Partner status
• Certified Xero advisors
• Xero setup and migration services
• Xero training for your team
• Customised Xero reporting and templates
• Ongoing Xero support and optimisation

Accounts and Bookkeeping Service

Accounts and Bookkeeping Service

Comprehensive bookkeeping and account management services. Our on-demand UK-based accounts service helps you save time, reduce frustration, and cut costs by ensuring your accounts operate correctly and efficiently. Our client base spans the business spectrum, from innovative start-ups to mature, established enterprises.

Core Bookkeeping Services

• Data entry and transaction processing
• Bank reconciliations and cash management
• Sales and purchase ledger management
• Debt management and credit control
• Management journals (including automatic journals)
• Expense chasing and payment approvals
• KPI management and reporting

Software Support

• Xero bookkeepers (Xero Gold Partners)
• Sage bookkeepers (all Sage platforms)
• QuickBooks bookkeepers
• Other accounting software support
• Software migration and setup

Additional Services

• Payroll processing and management
• VAT reporting and returns
• Management reporting and analysis
• Year-end accounts preparation
• Financial planning and forecasting

In-Depth Accounts Support

If your needs become more complex, we can also provide fully qualified accountants and CFOs / Financial Directors to support you.

Accounts Management Team

• Senior Enquiries Lead – Accountancy and Tax Advisory Services
• Senior Managers with extensive accounts experience
• Portfolio Managers specialising in accounts and bookkeeping