Year-End Accounts Preparation
(finalisation of
accounts) by Initor Global
Fixed Price per set of accounts
Year-End Accounts Preparation
(finalisation of accounts) by Initor Global
Initor Global has been providing outsourced Year-End Accounts Preparation services to UK Accountancy Practices since 2006. Our team of qualified accountants provide the services your clients need. All services are delivered to the highest professional and quality standards your Practice expects.
We offer a fixed price service per set of accounts. To commission the service, the accounts must meet the following criteria.
- Accounts prepared are FRS105 in scope. This means turnover is less than £632,000, the total balance sheet value is less than £316,000 and the company has less than 10 employees.
- The company must have successfully completed the year-end bank reconciliation.
- The company must have filed all VAT returns with HMRC for the relevant accounting period.
- All payroll and RTI submissions must be successfully made to HMRC for the relevant accounting period.
- All supporting documents, such as bank statements, contracts, fixed asset registers, schedules of income and expenses, evidence of dividend payments, VAT returns, payroll and RTI submissions, must be available for Initor Global accountants to review.
- The deadline for filing the accounts being prepared with Companies House should be at least 30 days from the date the services are commissioned.
Scope of services
Limited Company Year-End Accounts
- Preparing year-end accounts and supporting working papers for a limited company in accordance with relevant regulations. The relevant regulations are FRS 105 - The Financial Reporting Standard applicable to the Micro-Entities Regime.
- Year-end accounts are prepared to the final draft stage for review by our customer.
- Where amendments are needed, these will be processed by Initor Global accountants based on instructions from our customer.
Corporation Tax
- Completing a CT600 and tax computation for review based upon the annual accounts prepared.
- Where amendments are needed these will be processed by Initor Global accountants based on instructions from our customer.
Not included in the services
The scope of the services is limited to preparing year-end accounts as detailed above.
Initor Global requires access to client software and records to complete the service. No software is provided by Initor Global.
The service does not include filing any information with Companies House or HMRC.
Summary
Our accountants have experience of all major cloud based accounting software, which we access from our own secure servers. If you prefer, we can access your Practice server using secure remote login arrangements.
Initor Global is GDPR and ISO27001 compliant, providing the peace of mind you need that your client data is always secure.
You can trust our team of qualified, professional accountants to provide the following services based on your needs.
Fixed price statutory year-end accounts preparation service for limited companies
Our fixed price year-end accounts preparation services for limited companies are comprehensive and provide you with the peace of mind that all statutory deadlines can be met.
Our qualified accountants are experienced in all major software used to prepare statutory accounts. We prepare accounts in accordance with FRS 105 - The Financial Reporting Standard applicable to the Micro-Entities Regime.
Our work is supported by comprehensive Excel working papers, which include Journals, notes, and all Balance sheet reconciliations, ensuring professional quality standards are met throughout. We can use your Practices’ working papers should you require it. We provide a detailed analytical review for the accounts we prepare, highlighting trends and any anomalies to discuss with your clients.
All our year-end accounts work follows a two-stage internal review process, ensuring a senior accountant reviews the work we produce.
Our turnaround times are industry leading and typically take no more than five working days from receipt of all information necessary to finalise a set of accounts.
If you are looking to take your Accountancy Practice to the next level and improve the quality and effectiveness of your year-end account’s preparation services for a fixed fee, you can arrange a free consultation with our expert team.
Please contact us on hello@initor-global.co.uk or visit our website at www.initor-global.co.uk.
You can also call us on 0203 519 2121.
Elevate your Accountancy Practice with our efficient and cost-effective payroll processing services.
Arrange a free consultation and no-obligation trial with our expert team today.
Contact us at hello@initor-global.co.uk or call us on
0203 519 2121 to get started
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Frequently
Asked Questions
Everything you need to know about the product and billing.
Initor Global offers several key benefits, including:
- Cost-Effective Solutions: Save up to 50% on Year-End Accounting Outsourcing Services compared to UK-based rates.
- Professional Standards: All services meet the highest professional and quality standards.
- Flexibility: Services can be tailored and scaled to your specific requirements.
- Experience with Cloud-Based Software: Our accountants are proficient with all major software for year-end finalization of accounts service.
- Data Security: We are GDPR and ISO27001 compliant, ensuring your client data is always secure.
- Efficient Turnaround: Services are completed within five working days, or faster if needed.
Initor Global prioritizes data security by being GDPR and ISO27001 compliant. We use secure servers and remote login arrangements to ensure your client data is always protected.
We provide a comprehensive range of services, including:
- Extended Trial Balance: Ideal for sole trader accounts, including preparation of year- end trial balance and profit and loss account, adjusting journals, and analytical reviews.
- Full statutory year-end accounts preparation for limited companies: Preparation of accounts based on FRS 105, FRS 102, and IFRS, comprehensive working papers, detailed analytical reviews, and a two-stage internal review process.
- Corporation Tax: Preparation of comprehensive working papers and filing information with HMRC using iXBRL software.
- Statutory accounts filing: Filing of statutory accounts information with Companies House based on FRS and IFRS requirements.
Our services are fully customizable and scalable. You can commission work on an ad-hoc basis or engage a dedicated, named accountant to work remotely as part of your team. We adjust our services to match your Practice's growth plans and handle peak workloads efficiently.
Our accountants have extensive experience with all major cloud-based accounting software and are trained to deliver high-quality, professional services. Many of our accountants have trained and worked for Practices in the UK, ensuring they meet your expectations.
We ensure an efficient turnaround, typically completing services within five working days, or faster if necessary. Our team uses advanced software tools to ensure prompt and accurate service delivery.
To get started, arrange a free consultation and a no-obligation trial with our expert team. Contact us at hello@initor-global.co.uk or call 0203 519 2121 to discuss your specific needs and learn how we can help elevate your accountancy practice.
