Annual Financial Reporting

Whatever your financial reporting needs – whether reporting under UK GAAP (FRS 102) or International Financial Reporting Standards, Nationwide team can help.

We can prepare your full statutory financial statements in accordance with all relevant legislation and accounting standards, in readiness for management approval and audit. We work with you to make sure that all relevant financial reporting standards are applied appropriately in your business, and disclosure requirements are satisfied.

Your accounts will also be iXBRL tagged and fully compliant with HMRC’s submission requirements.

Our service is available for individuals, companies and LLP’s. We can also act as a sounding board, advising you on the accounting, financial reporting and disclosure implications of proposed transactions before your undertake them.

Accounting Systems & Software

Our team has an extensive expertise in a wide range of accounting packages and market-leading software, including desktop and cloud solutions. We can apply our expertise to help you identify the most appropriate accounting system for your business needs, taking account of your current resources, the level of functionality required and your potential future needs.

Once you have selected your preferred solution, we can implement it for you, tailor it to your business and management requirements. Our approach includes designing charts of accounts, identifying cost centres, and establishing business rules and approval processes.

We also offer initial and ongoing training to ensure your finance personnel can always work in the most effective and efficient way, taking full advantage of any systems upgrades.

Accurate Preparation of accounts are not only important to measure and improve business performace, but they are also required by HM Revenue & Customs.

In some cases, an accurate portrayal of accounts can also be requested by Companies House – or even Banks and other institutions, especially if grants or loans are or have been applied for.

At Nationwide we can work through your accounts so you can get back to doing what you do best – running your business. we will work to the relevant tax and accounting deadlines, and then go through our calculations with you. We will then convert these numerical calculations into straightforward information that you can use to achieve your business objectives.

This service includes pinpointing strengths and weaknesses in the business, and advising how business performance can be improved.

For a friendly, informal, no obligation chat, feel free to contact us on: