We prepare accounts for your company efficiently and on time
Running a business means running the gauntlet of accounting requirements. Whether you're a sole trader, run a partnership or have your own limited company, we're here to help you understand - and meet - your accounting compliance responsibilities. This is one of our core accounting services. At BSR Bespoke in Tunbridge Wells, we make sure your statutory accounts are fully compliant with all relevant reporting requirements and are prepared in a timely manner. Preparing your annual accounts is just the start of the story. We take the time to talk you through them. Together we can analyse exactly how your business has performed. While we're at it, we help you pinpoint any challenges that need to be tackled and identify any opportunities to make your tax and financial planning even more efficient the next time around.
We prepare accounts for charities, co-operatives, trusts and associations
If you run a charity, a co-operative, a trust or an association, we can prepare your annual accounts. If needed, we also provide independent examinations. We have years of experience at working with and providing accountancy services for charities and not-for-profits.
BSR Bespoke performs rigorous audits of your company’s accounts
BSR Bespoke will ensure your business meets its auditing obligations. Audits may be legally required for your company - please see the criteria below. However, you may also volunteer to have your company audited.
What is an audit?
An audit is an independent examination to provide assurance on whether a company’s accounts show a true and fair view of its financial performance and position. Regular audits provide an invaluable external perspective and feedback. They can bring clarity and order to your business.
What are the benefits of an audit?
- Give your accounts increased credibility and reliability for third parties such as lenders, credit ratings agencies and business partners (current and prospective).
- Review your accounting systems and internal controls to identify any weaknesses.
- Check and deter fraud.
- Highlight key areas for improvement.
- Inspire confidence in stakeholders, including employees and shareholders.
Do my company accounts need to be audited?
Your accounts will need to be audited if your company exceeds two of the following small company thresholds:
- Annual turnover of £10.2 million.
- Gross assets of £5.1 million.
- 50 employees on average.
You may also require an audit if you are part of a large group.
I am a shareholder of a company. Can I request an audit?
Yes. Shareholders owning at least 10% of a company can request an audit - even if it's not required by law. As part of the audit process, we will help clients to fully understand the figures, identify any areas for concern and advise on any potential opportunities for improving the way the company is run.