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If your business operates as a limited company you may need annual audited accounts to both satisfy the Companies Act’s requirements and to enable the company's tax liability to be agreed with HM Revenue & Customs. There are a number of reasons why Condies recognise the importance of completing your audit shortly after the company's year end, including -
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monitoring company performance |
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avoiding Companies House and tax penalties |
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renewing the bank facility |
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tax planning |
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raising additional finance |
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selling the business or shares in the company |
Wherever possible we endeavour to provide continuity of audit staff to ensure that maximum efficiency is achieved through familiarity with your business. We offer a value for money audit service which includes a comprehensive review of your business systems. This review enables us to suggest possible improvements to your systems to ensure that the company is maintaining accurate and effective accounting records.
Note: A full audit may not be necessary if your company is of a certain size and type. We will always advise if this is the case so that audit compliance costs can be reduced. |