Accounts

Statutory accounts

If you are a limited company, you are required to produce annual accounts. And how’s the best way to go about that, we hear you ask? By using OrmCo.

Within our comprehensive range of accountancy services for SMEs, we will prepare your annual accounts to coincide with your business year end.

If you sign up for our fixed fee package – a popular option for many OrmCo clients – this includes:

  • the preparation of all your statutory accounts
  • all year end activities covered, including annual accounts and company tax returns
  • acting as your agent with the relevant authorities
  • access to our free advice and support. Yes, that’s right – no sneaky, additional fee billing.

You can also view your financial information online 24/7 in XERO, which is wrapped up in most of our packages (worth £20 plus each month!).

Simply leave all those filing deadlines to us and, instead, relax and put your feet up.

 

Management accounts

Quite rightly, you’ll have as much interest in where your business is going in the future, as to where it’s come from in the past!

That’s why our clients often place greater importance on their management accounts than the year-end scores on the doors. Management accounts provide invaluable clues as to what shape the business is in as it moves forward. Helping businesses to maximise future opportunities, to budget responsibly and set realistic goals is a large part of what we do.

Where other accountants may only produce accounts once every 12 months – to us that seems like shutting the door after the horse has bolted.

You don’t need to be one of the big boys to appreciate the importance of  cash flow management and monthly forecasts – at least we don’t! Smaller businesses arguably have more reason to keep a grip on cash flow and to regularly monitor business performance.

That’s why we make it our business to ensure you know what’s happening in your business in the here and now.

Because we work closely with all kinds of small to medium sized enterprises, we have a keen understanding of what it takes to build a successful business. And that very much includes keeping you frequently furnished with management accounts – to keep your fingers on the pulse.

To discuss your specific requirements regarding the preparation of statutory and management accounts, feel free to Get in touch.