Accounting Services

KNS Accountants offers a range of specialised accounting services to small or medium-sized enterprises, as well as for owner managed businesses.

Our accounting services include those related to year-end accounts preparation, statutory accounts, sole trader and partnership accounts, and service charge accounts.

Year-End Accounts Preparation

Every business needs to prepare annual accounts for HMRC and Companies House.

Preparation for these accounts includes elements such as employees, fixed assets, stock, and incomplete work, purchases and sales, accounting records, statutory accounts, and any accompanying legal requirements.

With assistance from our team of limited company, sole trader, service charge, property and partnership accountants, your business can stay ahead of its requirements without sacrificing focus on running its daily tasks effectively.

Sole trader Accounts

A sole trader is a person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses.

Sole trader accounts are prepared to assist the person to complete his self-assessment tax returns.

Partnership Accounts

Partnership accounts work similarly to joint accounts, except that they are applicable to business partnerships and each partners share in equity and profits is defined.

Each person or entity included in a business account holds equal liability, but have their particular interests represented independently.

Our team of partnership accountants can assist you with the financial details of such partnerships with comprehensive tax planning and advisory services that take the unique needs and situation of these partnerships into account.

Statutory Accounts

These reports are annually prepared by limited companies with the goal of demonstrating any financial actions taken by a company during the year.

These reports must include balance sheets, an account of profits and losses, a description of cashflow, as well as a report from the company’s director.

With the assistance of our team of limited company accountants, you can ensure that your business stays ahead of its requirements for compliance, while effectively planning and adhering to a financial roadmap laid out by our tax specialists.

Service Charge Accounts

Service charge accounts are essential for any business concerned with the management of property, and are used by landlords, management companies, or investment companies, to collate service charges from tenants and leaseholders.