Accounts
"Rome wasn't built in a day, but I wasn't on that particular job" - Brian Clough
It takes care and dedication to prepare your annual accounts. We’re not just looking to reconcile numbers, we’re looking for opportunities to help you increase your profits and become more tax efficient.
Our ultimate goal is to help our clients to make better financial decisions.
As a leading Chartered Accountancy practice in Nottingham, we specialise in supporting owner-managed businesses. We understand the importance of accurate and timely accounts which comply with the latest tax laws and legislation.
We have advocated with HMRC and Companies House on behalf of hundreds of clients. We have given expert witness testimony in court and we have always worked incredibly hard to achieve the best outcome for our clients.
At RWB Chartered Accountancy, we’re with you all the way.
Our Statutory Accounts Process:
In order to prepare your return and tax report, we require the information below. Our secure software allows you to easily and efficiently share this information.
- Business bank statements
- Invoices
- Receipts
- Payroll information
Once we have your receipts thoroughly examine your expenses – Maintaining accurate records of your expenses can help lower your profits and, consequently, the tax you must pay. However, it’s key not to make incorrect or fake claims, which could risk an HMRC penalty. Your dedicated accounts manager will discuss your expense claims.
We encourage you to pursue late payments—This helps you avoid paying tax on income not yet received.
Your dedicated accounts manager will then conduct a cross-verification, ensuring consistency between your accounts and supporting documents. As part of this process we will assess the following:
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- Identify tax savings opportunities
- Review the efficiency of your business
- Advise how you can increase your profits
Accounts are then passed to our director—After your account manager is satisfied with your accounts, they’re handed over to one of our directors. They will then conduct a detailed secondary check to ensure that all information is accurate and compliant and that all supporting documents are correct.
Accounts are dispatched via a secure portal – Your accounts manager will send your documents through our secure portal, along with a Confirmation Statement. As the Company Director, this requires you to confirm that all company information with Companies House is correct.
Sign your accounts and return them via our secure system. Make a note of the tax owed and set up a payment schedule.
What our clients say:
“The whole team is very efficient and responds to any questions or queries immediately. We are very happy with the service.” – Mrinal
“This is my 41st year as a client of RWB or its predecessors. The service has always been superb and, even better, friendly.” – James
“Nick Bonnello and the team have always been on hand to offer excellent advice and guidance at every step of the way. I can’t recommend them enough!” – Dan
Key Points:
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We have decades of experience in producing accounts for all sizes of companies.
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We are governed by the ICAEW, which has the highest standards of integrity and ethics.
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We have a rigorous protocol: all completed work is checked by your dedicated client manager and then again by one of our directors.
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Our meticulous procedures significantly reduce the risk of anything being missed or completed incorrectly.
Contact Nick to find out how we can help you with your statutory accounts.
