Annual Accounts Service
Malones offers a comprehensive annual accounts service.
You can ensure accuracy and compliance with our meticulous annual accounts service, providing you with a clear and comprehensive overview of your financial performance.
Prices starting from £800 a year
What set of accounts need to be prepared for my business?
We are skilled in preparing annual accounts for businesses ranging from micro to medium in size.
There are several metrics that are used to determine the reporting requirement for your business. You can use the table below to classify your business.
| Type | Turnover | Total Assets | Average number of employees |
|---|---|---|---|
| Micro | ≤£632,000 | ≤£316,000 | ≤10 |
| Small | ≤£10,200,000 | ≤£5,100,000 | ≤50 |
| Medium | ≤£632,000 | ≤£18,000,000 | ≤250 |
When preparing annual accounts for a company, consideration of the above thresholds is crucial to ensure compliance with regulatory standards and accurate financial reporting.
These thresholds determine the extent of disclosures and the specific reporting requirements a company must adhere to. Factors such as company size, revenue, assets, and number of employees play a significant role in classifying the company and influencing these thresholds.
Choose our annual accounts preparation services to keep up with your business’ annual filing requirements. Partner with our bookkeeping service too for a clearer picture of your everyday financial position.