Financial Accounting
As Registered Auditors & Accountants based in Kildare, we offer a complete professional service to small and medium sized businesses in Kildare, Dublin and wider Leinster area. The level of service required, will depend on the level of your own in-house accounting resources. Although the majority of our clients operate within the greater Leinster area, we do have clients in other parts of Ireland.
Annual Financial Statements
Annual statements of account include a profit and loss account and balance sheet. In addition a cash flow statement may also be included.
A limited company must submit annual accounts each year to the companies registration office no later than 28 days after the company's annual return date.
In addition company and sole trader tax returns, will need to include most of the primary financial date from the annual accounts. See Taxation page for further details on tax submissions.
Budgets & Planning
Business plans will include a financial plan for the business for the first number of years of operation. Usually, there is heavy revision required for the financial plan after the first year of operation. In addition, each year should see the setting of business goals and objectives. These business objectives should be translated into a financial plan or budget. The budget is then used as a business measurement tool during the year.
Management Accounts
We would normally recommend that small & medium sized businesses maintain a set of management accounts updated on a quarterly basis. This allows for a quarterly analysis & assessment of the performance of the business. By having a set of management accounts completed the business owner can verify that the business is moving in the right direction. If the management accounts reveal a deviation from the financial plan (budget), then action can be taken to address the issue.
Our business client base includes the following sectors:
- Building & associated trades
- Design & marketing services
- Distribution services
- Educational services
- Engineering
- Environmental services
- Equine
- Fashion retail
- Health & beauty services
- Leisure & entertainment
- Motor retail
- Pharma retail & distribution
- Property Development
- Professional services