ACCOUNTANCY


We offer personal accountancy service in an industry which is increasingly becoming faceless. We have the resources to fit seamlessly with your existing business whether you are a one man band or an established company with complex needs



Mintiers Financial has a thorough knowledge and expertise to efficiently and accurately look after your year end accounts, monthly management reports and bookkeeping services. We free your time to do the things of best use to your business

We begin by discussing your specific requirements and design a tailored package for you and then set up appropriate accounting procedures and internal controls to ensure your accounts are kept fully up-to date and compliant with Statutory regulations.

From basic bookkeeping services to monthly management reporting, we assist clients whether they need a fully outsourced solution,interim support during busy periods, short term cover, month end support or specific technical resource to assist with complex accounting matters alongside their existing teams.

All your books and accounts are available in real time to all registered users via our cloud based bookkeeping and accounting software systems. This means real time data is available for cash flow purposes.


We are well equipped to work with a range of softwares such as Xero, Quickbooks, Kashflow, Affinity, FreeAgent, Quickbooks, Sage & Iris.

YEAR END ACCOUNTS

A ‘year end’ is accountancy jargon for the day your company’s financial period ends. It is also the day the clock starts ticking for a limited company to send certain documents to HMRC and Companies House

Mintiers Financial can assist you whether you want the most basic form of profit and loss and balance sheet through to highly bespoke management accounts, financial projects or other forms of measuring, monitoring and reporting to keep your business healthy and well managed.
SME business clients generally have the starting point of asking about their statutory accounts filing requirements?
STATUTORY ACCOUNTS
Statutory accounts are an important part of running your business so that your shareholders see how your company is performing and to keep your records updated with Companies House.

Commonly referred to as annual accounts, there a number of important figures you must include and if you know what to look for you could even check up on how your competitors are doing.

A company accounts must include a balance sheet, notes, profit and loss account, cash flow statement and director’s report as per the size of the business.
DRAFT YEAR END ACCOUNTS FOR APPROVAL
Once data is collected, our accounting team is normally able to produce a set of draft statutory accounts for your approval, including calculating your corporation tax liability. By tackling the accounts process shortly after the financial year end and working through the corporation tax calculation in the same time frame, this allows you to budget for and build the payments into your cash flow model.
SMALL COMPANY ACCOUNTS 

 A vast majority of UK companies are small businesses under the HMRC definition which is to satisfy 2 out of 3:

  • turnover of £10.2 million or less;
  • £5.1 million or less on its balance sheet;
  • 50 employees or less

Small companies under the above definition now only need to annually file a balance sheet signed by a director and supporting notes. 

There is a further sub-category of micro business which are smaller but the requirements are broadly similar.

MANAGEMENT ACCOUNTS
Management accounts provide management teams with relevant financial and non financial information to enable informed and timely decisions to be taken.

Management accounts are not obligatory, they are only used internally within a business but we strongly recommend them, otherwise you are making important business decisions without knowing all the facts. Whether they are produced monthly, bi-monthly or quarterly will depend on your individual situation.

If you do not have the resource to produce regular management accounts in house, Mintiers Financial can help you

Our management account service is tailored to your specific requirements:
  • Accurate and timely financial and statistical information including profit and loss analysis, staff reports and sales information.
  • Tailored reports by reference to your management needs, which enable you to monitor spending and financial controls.
  • Identifying and reporting against key performance indicators.
  • Provide your business with a high level of professionalism and integrity, which can be invaluable when negotiating with potential funders.
  • Explanation of the financial consequences of business decisions.

INTERNAL CONTROLS
In addition to producing management accounts, we can also advice on your internal control procedures. This may involve working with your teams to identify the current processes and the most effective ways to improve them.
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