Annual accounts are vital to any business whether this is Soletrader, Partnership or Limited Company Accounts. The information is invaluable when making decisions on your business. Lakeland Accountants take the time to explain them to you in as much detail as you require.
If you have a Limited Company, you have a statutory requirement to file a set of accounts with Companies House within 9 months of the year end and HM Revenue and Customs. In respect of sole trader and partnership accounts, these will form the basis of your self assessment tax returns.