Accounting Services - Jarem Accountants Accounting services for businesses

Our accounting services for businesses can provide you with the peace of mind that your finance function is being supported by experienced professionals. From your annual statutory and management accounts to support with your book keeping, payroll and VAT we can put together a service to support you so you can focus on running your business.

Annual Statutory Accounts

Annual Statutory Accounts are the compulsory financial records prepared at the end of the financial year.

These annual accounts are sent to shareholders, Companies House, HMRC and people who attend the company’s general meetings. Every Limited Company in the UK must keep their records up to date even if they are dormant.

Your Annual Statutory Accounts include:

A Balance Sheet
Profit and loss statement
Notes about the accounts
Directors report
Accountants Report

We support a number of businesses with their Statutory Accounting to ensure that they fulfill their statutory responsibilities.

Management Accounts

Management Accounts are the financial reports produced for the business owners and managers on a monthly or quarterly basis.

They usually include a Profit and Loss report, Balance Sheet and Cash flow analysis. These regular reports can help to keep your business and its profitability on track providing important information on trends, costs, profit and cashflow.

We work with a number of different organisations providing management accounting services to support the management and boards of directors with their decision-making.

Payroll

There is more to payroll than simply paying your staff.

You need to be aware of the current regulations relating to payroll, be familiar with your responsibilities as an employer to pay Tax, National Insurance and workplace pensions, ensure you have Employer’s Liability Insurance and select a platform to administer Payroll. In addition you will have responsibilities under GDPR for holding personal data.

For this reason, many businesses outsource their payroll function to relieve the headache but also to have a contingency in place in case of sickness. Our payroll team will work with you to ensure that all your responsibilities are covered and your staff are paid regularly and on time.

P11D

If you provide expenses or benefits to your employees or Directors you may need to advise HMRC and pay Tax and National Insurance on these benefits. Examples of these expenses and benefits include:

Company cars
Health Insurance
Travel and Entertainment
Childcare

There are different rules according to the type of expense or benefit you provide. If you want to look them up, check the HMRC Website

Some clients use us simply for managing their P11D services or add it into the Payroll service.

Company Secretary & Registered Office Services

These tasks are not the traditional work of a secretary as the name suggests, but they refer to the administrative function within a business that ensures good corporate governance, effective administration and compliance with the legislations that govern business.

These tasks can be time-consuming and be a strain on your resources. Our Company Secretary Service will ensure that you meet the regulatory, legal, and compliance requirements.

With a dedicated team member at Jarem, we will make sure that your confirmation statement, annual filing, and adhoc filing from Companies House is completed in a timely manner.

Want to discuss your Accounting requirements?

Knowing that I have a qualified accounting professional looking after my business accounts is invaluable. Graham is always on hand for advice and never misses a deadline. Would not hesitate to recommend Jarem
Natalie Morris, Brick Marketing