Accounting
- Related Insight 1: 734
- Related Insight 2: 733
- Related Insight 3: 719
At Thomas Westcott, we believe that accounting is essential for allowing you to successfully review the performance of your business and then make informed decisions going forward.
End of year accounting and compliance
We offer a comprehensive end of year accounts service
• You will have the peace of mind of knowing that you are compliant with all relevant legislation including HMRC and Companies House
• We will also take the time to properly explain your accounts so you will know what the figures mean
• We also provide your limited company accounts in a slimmed down format for submission to Companies House – this reduces the amount of sensitive trading information on the public record
We follow the accounting standards and legislation appropriate to your organisation including, amongst others, the Companies Act and Charities Act. We also provide these in multiple formats to satisfy all your filing requirements, including iXBRL.
Management accounts
Accounting isn’t just about end of year, it is a process that should be going on for the whole of the year.
At Thomas Westcott, we are passionate about management accounts as it keeps business owners informed about their business and enables them to make informed decisions based on more current information than an end of year set of accounts.
We can carry out carry out a three step plan for great management accounts:
• We can advise on software systems and help set up charts of accounts and procedures so that your business has the tools it needs to produce accurate management information
• We can take this information and produce a set of management accounts
• Most importantly, we can then discuss with you what the figures mean and over time produce comparisons, month on month or year on year for example
Do contact us for an assessment of your system and how we can help you get the accurate figures you need to run your business successfully.
One of our points of difference from many accountants, is that we can offer sector specialist knowledge of managing accounts across a wide spectrum of industries, which means that as a Thomas Westcott client, you will receive the very best advice relevant to your sector.
The specialist sectors we can advise you on include, but are not limited to the following:
- Agriculture
- Charities and Not for Profit
- Company accounts
- IT Contractors
- Manufacturing and Technology
- Owner Managed Businesses
- Professional Practices
- Property and Construction
- SME Market
- Timeshare Industry
- Tourism and Leisure
Across the largest network of offices in Devon and Somerset
Wherever you or your business is located, you are never far from a Thomas Westcott office to help you with the accounting advice you require to ensure your business goes from strength to strength
To find your nearest office or get in touch with one of our specialist advisors to see how we can help your business, please go to our contact us page.
Contact your local office for further information.
Related Contacts
Related Insights
Introducing our specialist probate services
12 November, 2019
Being an executor for an estate is a considerable responsibility. It is likely to be time consuming and can be an additional source of stress at a difficult time. That is why it is important to get specialist advice to support you through the prob...
Avoiding charity trustees' conflicts of interest
06 November, 2019
If you run a charity you should be aware of the importance of your trustees avoiding conflicts of interest. But what does that really mean and why is it so important? For small charities in particular, some of which have no staff and are run entir...
|
For further information, please contact: Chris Hill FCA Partner | 
|
|
For further information, please contact: Patrick Tigwell BSc (Econ) FCA Partner |
|
Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales, details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C001091748, and details of all audit regulations can be accessed at www.icaew.com/regulations. A list of members can be found under Legal Notices. Thomas Westcott has offices in Axminster, Barnstaple, Bideford, Bridgwater, Burnham on Sea, Crediton, Exeter, Holsworthy, Honiton, Ilfracombe, Okehampton, Plymouth, Seaton, Somerton, Tiverton, Torquay and Weston super Mare.
© Thomas Westcott 2021
You are now leaving the Thomas Westcott website. Thomas Westcott is not responsible for the content of the PrimeGlobal website nor the content of the websites of other independent member firms of PrimeGlobal. Equally, PrimeGlobal is not responsible for the content of the websites of independent member firms, including the Thomas Westcott website.
Go to siteTime to get Digital
-937
DAYS
The Tax system is changing and the date to become compliant is getting closer. We can help you plan what action you need to take.
Find Out More