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Rugby: 01788 579033
London: 0203 3487 1107
In addition to year end accounts your business might also benefits from management accounts throughout the year.
Management accounts, although not a statutory requirement, offer the same information as year end accounts therefore are chosen by some small businesses to ensure they understand their business position throughout the year.
Management accounts are a comprehensive product which include profit and loss accounts, balance sheets, ledger reports and debtors’/creditors’ reports. They are prepared using your input data on income and expenditure but don’t worry if it’s not possible for you to manage that in house, we offer a monthly or quarterly computerised record-keeping service too as keeping tabs on this information is crucial to the development of your business.
Management accounts can be part of a small business accounting package tailored to you including payroll, bookkeeping and year end accounts too.
With offices from Northampton to London we offer support to small businesses throughout the UK. Check out who we work with or call us now to talk to us about your business today.
Small business owners tend to work in an evolving, fast-moving market and it can be challenging to know how your business should grow in order to be successful in the future.The key to being ahead of the rest is being proactive and innovative whilst taking note of key trends
So, what small business trends are in store for 2018?
Cottons has seen extensive growth with new offices and staff, continued client success and even a brand-new website. In this article we discuss our top news stories of 2017.
As always, it’s been a very busy month here at Cottons! We’ve been training our employees, raising money for charity and of course had lots of festive fun!
There have been recent changes to the requirements of any charity account reports signed on or after the 1st December, therefore some charity accounting obligations have been affected.
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
An article on allowances for entertaining clients/staff and the associated expenditure that will be allowed to be deductible for corporation tax and VAT purposes.
An article covering VAT on Disbursements as a result of the recent tribunal case in which a firm lost their appeal against an assessment from HMRC for Output VAT not collected on recharged local authority search fees.
It’s been another busy month here at Cottons! The company is buzzing with new vacancies, new technologies and new clients. Here’s what’s been going on in detail…