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Accounts Preparation Brierley Hill

Accounts Preparation Brierley Hill

Supporting limited companies with our Brierley Hill accounts preparation services. Calculating corporation tax and filing your year-end accounts to governing bodies.


Experienced and Accredited Accounts Preparation Brierley Hill

As experts in the operations of limited companies and various other business structures, we are able to help your business prepare their year-end accounts ready for submission. This will also include the calculation and submission of your Corporation Tax Return. A company's year-end accounts is something that needs to be produced on an annual basis and will show the profit (or loss) during that financial period. It is important that your business is making the correct claims for business expenses, allowances, and any reliefs it is entitled to. Making errors on your returns; even if they are genuine, can quickly attract penalties issued by governing bodies (like HMRC).
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MTD Compatible
Keeping your business compliant with MTD rules.
Dedicated Accountant
Get a dedicated account manager for your business.
Timely Returns
Submitting your returns in an efficient and timely manner.
Efficient Bookkeeping
Keeping your books in line for efficient tax planning.
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What Is

What Is Accounts Preparation?

Accounts preparation is a process that limited company’s will need to abide by each year. It involves completing a set of statutory accounts which will produce relevant documents that show the profit or loss of the company. This is typically shown on a balance sheet or profit & loss account. This is a process we complete for our limited company clients across the Brierley Hill area.

A set of statutory accounts must be produced after each financial year has concluded and is the responsibility of the company directors. The information needed for a company’s year-end accounts is usually gathered from the bookkeeping records & VAT returns.

Aside from showing the profit and loss of a company, accounts preparation also produces the figures needed to calculate that company’s Corporation Tax liability. As both processes are closely related, they are usually carried out hand in hand.

How much work it takes to produce a set of accounts will largely depend on the size and complexity of your business.

Finally, our accounts preparation services will also provide the opportunity for efficient tax planning. This allows us to analyse your records and determine the best course of action to maximise your income and reduce the liability of future periods.

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Based on 4 reviews
Stories By Lilly
Stories By Lilly
Toni and the team at JMC are always on hand when you need something. They are professional, timely and knowledgeable. I would, and do recommend them at any time.
Mike Eccleshall
Mike Eccleshall
Kath Cartwright
Kath Cartwright
Dave Smith
Dave Smith


Our business prides itself on customer satisfaction and is proud of the reputation we have built in the Brierley Hill area over the last 35 years. We help clients with a variety of tax-related services and appreciate every review and kind word we receive in return. You can check out some of our reviews yourself that our clients have left online.

Corporation Tax

Corporation Tax Calculations

Every year, limited companies are required to complete a company tax return. These returns must be filed within 12 months of your business’ year-end and all payments must be made to HMRC within 9 months and 1 day.

Once you have a set of accounts produced for the financial year in question, you will then be able to calculate any Corporation Tax due in that same period. As your accountant, we would assess your situation and analyse your books to see what reliefs or allowances are available, in addition to claiming any expenses we can.

If your Corporation Tax return is not filed on time HMRC are quick to issue penalties to the company. In addition to penalties, interest may also be charged on any outstanding Corporation Tax that the business owes, or that HMRC estimates you owe.

Help with raising finance​
Capital allowance reviews​
Digital filing​
Relief and allowances​
Tax-efficient planning​
Ensuring deadlines are met​
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Using Accounts Preparation To Plan For Your Future

Although it is a legal obligation of a limited company to produce and file a set of statutory accounts each year, it can also yield crucial information and insight into your business. The data picked up by our experts at hand can be used to plan for future opportunities and maximise the efficiency of your business.

Your accountant will be able to utilize this information going forward to suggest suitable ways to maximise your income and reduce tax liabilities where possible. Typically this is done in the form of management accounts which produces various documents such as a profit & loss and a balance sheet.

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Free Consultation

We offer new clients a free consultation with one of our seniors to discuss our accountancy services for your business. They will discuss any tax matters you're concerned with and how we can help your business and potentially save you tax. We'll also give you a quote for our fees. Complete with no obligations, just in case it's not for you.

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    Meet Our Team

    Future Proof Accountancy Software

    Our Brierley Hill accounts preparation services use up-to-date, cloud-accessible accounting software making sure your records are kept in a Making Tax Digital format. Our software takes regular backups to keep your records safe and secure and allows us to provide your business with easy-to-understand reporting.

    quickbooks logo


    Online accounting software that can help your business manage its finances and keep track of its records.

    sage logo


    Award-winning accounting software to manage your business’s accounting, payroll, forecasts, and much more.

    iris logo


    The UK’s leading provider for personal tax returns and year-end accounts.