Accountancy Service

Our core Accountancy Services consist of...

  • Annual Accounts Preparation
  • Audit
  • Book-keeping
  • Company Secretarial
  • Management Accounts and Information

Annual Accounts Preparation

We can:

  • Prepare accounts to help in completion of self-assessment tax returns;
  • Produce financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.

Accounts are prepared to agreed timescales and deadlines.

But we can do more than just report the history of what's already happened

  • Identify areas where we can assist in minimising your tax liability;
  • Identify areas of the business that give you the most opportunity to make improvements;
  • Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.


The main reasons why you will be required by law to have a statutory audit are

  • Your turnover exceeds £6.5 million or your gross assets exceed £3.26 million or the company is part of a group that exceeds those limits;
  • You are required by your professional or trade organisation to have your accounts audited;
  • Your shareholders do not agree to opting out of the audit.

We can advise you if you need an audit and if not, you can save on accountancy fees!

However, we aim to deliver hassle free audits and there are good reasons for having an audit even if you are not required by law to have one.

  • An audit involves a detailed review of the company's accounting systems and systems of control and also requires a detailed understanding of the company's business. Such a review and knowledge can provide increased opportunities to provide proactive business advice on many matters;
  • An unqualified audit report can improve the status of the accounts in the eyes of banks and commercial lenders, the Taxman and suppliers who may be seeking credit references, etc;
  • A history of accounts with clean audit reports can also be a factor if you ever wish to sell the company or, perhaps, take it to the market;
  • The possibility of fraud can be reduced and an audit can act as a deterrent to any potential fraudster.


Let us take the stress of paperwork off your hands

    • Drop off your invoices, bank statements, etc;
    • We do all the processing;
    • We can then easily prepare for you
      • Management Accounts;
      • VAT Returns;
      • Key Performance Indicators;
      • End of Year Accounts;
      • Estimated Tax Liabilities as you go along so there's no end of year surprises;
    • You pick up the records (neatly filed and organised!) and all the information we've agreed to provide you with.

It also makes it easy for us to handle any VAT inspections.

Company Secretarial

We can help you fulfil this role and offer the following services

      • Registered office facilities;
      • Maintenance of statutory registers;
      • Submission of statutory documents;
      • Giving notice of General Meetings;
      • Drafting agendas for company meetings;
      • Preparing Minutes of Meetings;
      • Completion of share transfer forms;
      • Preparation of share certificates;
      • Carrying out company searches;
      • Filing of Annual Return;
      • Acting as Company Secretary;
      • General Company Law advice;
      • Advice on protection of minority interests.

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Contact us.

Patsons Accountancy Limited
Suraj Chambers
53 Islington Park Street
London N1 1QB
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 020 7359 0827 / 39
Fax: 020 7359 4274