- 859A High Road Ilford Essex IG3 8TG
- 020 3372 4662
- office@aztax.co.uk
Accurate accounts. Timely submissions. Clear financial insight. We handle your reporting obligations so you can focus on running your business.
At the end of every financial year, UK limited companies, LLPs, and charities are required to prepare and file statutory accounts in line with the Companies Act 2006. These must comply with applicable UK accounting standards, typically FRS 102 or FRS 105 for smaller companies, and be submitted to both Companies House and HMRC within the required deadlines.
At Aztax Advisors, we manage this entire process on your behalf. We organise your bookkeeping records, prepare your Balance Sheet, Profit and Loss Account, Directors’ Report, and any required notes, then submit your statutory accounts digitally to Companies House and HMRC before the filing deadlines. We also review your numbers carefully to identify any tax-saving opportunities and provide you with a clear, plain-English explanation of your year-end financial position.
Missing the Companies House deadline results in automatic penalties starting at £150 for private companies and rising sharply with time. Our proactive approach means this never becomes an issue for our clients.
Statutory accounts tell you what happened last year. Management accounts tell you what is happening right now, and that is information every business owner needs in order to make good decisions.
We prepare monthly or quarterly management accounts tailored to your business, covering profit and loss by product, service, or department, cash position, balance sheet snapshot, budget vs actual comparisons, and forward-looking commentary. These reports give you a real understanding of your financial performance throughout the year, not just a summary once it is all over.
Management accounts are also essential if you are applying for finance, seeking investment, or working with a bank. Our reports are professionally prepared, easy to understand, and available on your preferred schedule.
Cash flow problems are the leading cause of business failure in the UK. A business can be profitable on paper but still run into serious difficulties if cash is not arriving at the right time to cover wages, supplier payments, or tax bills.
We create detailed cash flow forecasts that map out your expected income and expenditure week by week or month by month, giving you early visibility of any potential shortfalls before they become a crisis. We also provide ongoing cash flow management advice, helping you time supplier payments, negotiate customer payment terms, and plan for seasonal fluctuations in your business.
If your business operates through multiple companies, for example, a holding company with one or more trading subsidiaries, you will need consolidated group accounts that present the financial performance of the entire group as a single entity.
We prepare consolidated accounts in accordance with UK GAAP, eliminating intercompany transactions and balances to produce an accurate, compliant group financial picture. This is essential for directors, investors, and banks who need to assess the overall health of a business group, and it also supports efficient tax compliance across the group structure.
Not all organisations are the same, and the accounting and reporting requirements that apply to each one can differ significantly. At Aztax Advisors, we provide specialist accounting services tailored to each entity type:
Why Choose Us
Most businesses only hear from their accountant when year-end approaches. We think that is not good enough. Our clients benefit from an ongoing relationship, regular check-ins, proactive updates on tax changes, and a team that genuinely understands their business.
Whether you are switching from another accountant, getting your books in order for the first time, or looking for a more proactive approach to your financial management, we are here to help. Book a free consultation with one of our accounting specialists today.