Accounting

How THL can help your business

All limited companies and limited liability partnerships are required to submit statutory accounts to Companies House. We pride ourselves on providing an efficient and cost-effective service to our clients, whilst maintaining a personal relationship.

We offer the flexibility to work with you as closely as you wish, offering a service from assisting with the preparation of the core books and records, right through to the preparation of group consolidated accounts.

For larger businesses, regulatory reporting requirements can be more complex so external support can be particularly helpful. We can ease the pressure of key finance staff by:

  • Providing advice on the accounting treatment of specific transactions
  • Preparing statutory schedules, reconciling accounts, and liaising with statutory auditors
  • Preparing the year end statutory accounts
  • Managing the year end statutory accounts process

Limited companies are also required to submit an annual corporation tax return to HMRC which outlines the tax owed for the period based on the profits the company has made.

The team at THL are fully equipped to calculate the tax due on company profits and offer tax planning advice and solution for companies and individuals.


Bookkeeping and VAT Returns

At THL we believe that business owners need to focus their time on what they do best, running their business.

The obligation of maintaining accurate and up to date accounts information is fundamental to any business and THL appreciate how this can cost the business owner valuable time and money.

Whether you are a small sole trader or limited company, bookkeeping is key to understanding your business’ current financial position and assisting in meeting statutory requirements such as VAT returns.

The THL team can provide businesses with ad hoc assistance or a fully managed service. We have experience in using all of the popular bookkeeping software including, but not limited to: Sage, Xero, QuickBooks and FreeAgent.

The team can work independently from our office or onsite to suit your business’ needs.


Management Accounts

Understanding the financial position of your business in real time, is more important than ever.

Our team has the knowledge and experience to be able to provide management information tailored to your specific needs and to assist you in understanding your business’ current financial position, no matter the size or complexity.

Producing management accounts can also assist businesses with:

  • Calculating financial implications of projects
  • Understanding financial consequences of business decisions
  • Formulating business strategies
  • Monitoring spending and financial control
  • Recognising the competitive landscape

Want to know more? Arrange a FREE consultation.