Year end accounts

We use this term to refer to the accounts produced for unincorporated businesses.

Although there is no general legal requirement to produce accounts in a particular format the Income Tax Acts require accounts to be produced in accordance with GAAP (Generally Accepted Accounting Practice) which therefore imports the requirement to include SSAP's, FRS's and UITF's.

An unincorporated entity may have special reporting requirements or client money requirements such as Solicitors or Chartered Surveyors for whom we are delighted to act.