Every organisation must produce regular accounts in order to monitor financial performance and meet compliance needs. How often a business should produce their accounts depends on a number of factors including its size, the individual requirements of the business owners and of course third-party requirements and regulations such as tax authorities.

Depending on your business type, there will be differences in tax and legal implications for owners and shareholders. We can advise on all aspects of your accounts preparation whether you are a Sole trader, Partnership, Limited liability partnership (LLP) or Limited company.

Management Accounts

When we work with you on your management accounting, we will tailor any reporting to the individual needs of you and your business in a timely and professional way.

From profit and loss, balance sheets and cash flow statements to KPIs or OKRs and in depth departmental analysis, we can equip you with the most relevant information for your business that will allow you to make the best strategic decisions, spot trends, plan, budget and allocate resources effectively and identify and mitigate potential risks.

Year-end Accounts

A summary of a business’s overall performance for an accounting year, year-end accounts can be quite complex and sometimes a bit daunting as they require information from various different sources.

As a legal requirement for all UK limited companies, you can count on our skilled accountants to help you file your year-end accounts correctly and on time.

Consolidated Accounts

The consolidation process in accounting plays a crucial role in unifying financial data between parent and subsidiary entities; the selection of a consolidation method is dependent on the level of ownership between the two entities.

The team at Dux Advisory can guide you in bringing together financial aspects such as revenue, expenses, cash flows, profits and losses of a subsidiary entity to its parent. This enables a clearer understanding of a group’s financial position and therefore the ability to better plan and make decisions.

Service Charge Accounts

One of our accounting specialisms is in Service Charge Accounting; a field that can be highly complex and requires thorough knowledge and understanding of the rules, regulations and processes.

Service charges are costs associated with providing shared / communal services, such as maintenance of a building. Service charge accounts are issued to the tenants or leaseholders of the building so accounts of exactly how much is being charged and on what ensures the process remains transparent to all involved.

Charity Accounting

Reporting for charities and other similar organisations has its own set of very specific standards and requirements and our team of expert charity accountants understand the many challenges faced by not-for-profit organisations.

We are committed to providing comprehensive not-for-profit accounting services, helping our clients maintain a financially sound organisation so that they can focus on meeting the core objectives of their charity.

Let us guide you in the right direction.