It is widely believed that the main purpose in preparing annual accounts is to allow you to assess your tax liability. But that is just one reason of many. At Condies, we feel it is essential to have up to date annual accounts for various reasons.
To monitor performance
To avoid tax penalties
To renew your bank facility
To raise additional finance
For the sale of your
business
We will discuss the results for the year with you in detail and assist you in setting your business goals for the forthcoming year. We will carry out an extensive analysis of your business’s performance by comparing it with prior years, and with industry benchmarks where available. In addition, Condies will advise on any improvements which could be made to your present book-keeping system, whether manual or computerised, to reduce your workload or to improve the accuracy of information.
