At Malik AccounTax Ltd, we provide professional and comprehensive annual accounts preparation services tailored to businesses across Edinburgh, the Lothians, and throughout Scotland. Whether you're a sole trader, a partnership, or a limited company, our team ensures your year-end financial statements are not only accurate and compliant but also valuable tools for business growth. For sole traders and partnerships, we help compile essential information to support your self-assessment tax return and guide your financial planning. For limited companies, statutory annual accounts must be submitted to Companies House and HMRC, and our experienced accountants handle every aspect of this complex process. From preparing balance sheets, profit and loss statements, and cash flow reports to ensuring alignment with the correct UK GAAP standard, we take care of everything. Our services are designed to reduce your administrative burden, avoid costly penalties, and provide insights into your business’s performance. Trust us to keep you fully compliant and financially informed.
Our annual accounts preparation service offers a complete and compliant package for your year-end financial reporting needs. We begin by gathering the necessary financial data — including trial balances, income and expenditure records, and any previous year’s accounts. Our skilled accountants then create a set of annual accounts tailored to your business structure. These include a profit and loss account to assess your operational performance, a balance sheet reflecting assets and liabilities, and a cash flow statement that reveals how money moves in and out of your business. For limited companies, we also prepare notes to financial statements and, where required, a director’s report summarizing performance and future prospects. Everything is prepared in accordance with the appropriate UK GAAP framework, whether it’s FRS 105 for micro-entities or FRS 102 for larger businesses. We manage the entire submission process with Companies House and HMRC, ensuring that all filings are completed accurately and on time, so you stay compliant.
We ensure your annual accounts meet HMRC and Companies House requirements.
Get a full picture of your business performance with clear reports.
We adjust your accounts based on your size and sector, using the right UK GAAP standard.
Our team is always here to guide you through the process and answer questions.
At Malik AccounTax Ltd, we pride ourselves on delivering meticulous and reliable annual accounts preparation services to businesses of all sizes. Our expert team ensures that your financial statements are more than just a statutory requirement — they become an essential tool for business insight and strategic planning. We tailor our services to meet your specific needs, whether you're a Start-up, a growing SME, or an established limited company. Our in-depth knowledge of UK GAAP and Companies House regulations allows us to ensure full compliance with the latest standards, reducing your risk of penalties. What sets us apart is our commitment to convenience and accuracy — we liaise directly with HMRC and Companies House, so you don’t have to. Our approach is friendly, professional, and focused on providing maximum value to your business. We help you make sense of your financials, highlight opportunities for growth, and Simplify your reporting responsibilities — all with a personal touch.