Many people think that annual accounts are only needed in order to work out the amount of tax you have to pay, but there are far more reasons to get your annual accounts in order. You need an annual account to apply for a mortgage, loan or overdraft, or if you're looking to sell your business.
From a practical standpoint, it's a handy way of measuring how well your business is performing. For a more detailed review of your business, we can facilitate a quarterly or monthly account review. This facilitates more in depth statistics.