Ward Goodman prepares Statutory Financial Statements for all sizes of limited companies and accounts for registered charities, pension schemes and property companies.
Expertly crafted financial statements in compliance with FRS102 standards, ensuring accuracy and transparency for regulatory purposes.
Precise financial statements tailored for sub-shares of overseas entities, meeting international accounting standards for comprehensive reporting.
Streamlined financial statements designed for limited companies under FRS105, providing a simplified reporting framework for smaller entities.
Comprehensive and compliant charity accounts prepared under the Statement of Recommended Practice (SORP), reflecting the organisation's financial activities and impact.
Professional and independent production of accounts for businesses, delivering accurate financial reports for internal management and external stakeholders.
Ward Goodman’s excellence in accounting services is validated by notable awards and accreditations within the UK financial industry.
Ward Goodman was honoured with the prestigious Accounting Excellence Award,
We are accredited by the Association of Chartered Certified Accountants (ACCA)
Ward Goodman proudly holds membership with the Institute of Chartered Accountants
As a distinguished Partner, we utilise cutting-edge technology
Join Ward Goodman and experience the benefits of our pioneering approach in financial planning, wealth management, accounting, and tax advisory.
Ward Goodman has a simple but effective onboarding process making this hassle free for you. At Ward Goodman we can deal with any existing advisers to help with a smooth transition
Reach out through referrals, introducers, or our website.
We offer a no-cost, no-obligation meeting at one of our offices.
Provide necessary details, receive a quote, and initiate services upon acceptance.
If you would like to discuss your accounting requirements further, please book a meeting with an experienced member of our team. Simply let us know when’s best for you and we will get in touch to arrange a suitable time.
Your initial meeting with one of our advisers is without cost or obligation. The fee is calculated based on the level of work anticipated. We will provide you with a quote but the charge could increase if more work is encountered than expected. Clients will be charged payments on account throughout the course of the assignment. For more complex statutory financial statements this may be a two-stage payment.
Statutory accounts, also known as statutory financial statements, are formal reports prepared annually by companies in the UK in accordance with accounting standards (such as FRS 102 or FRS 105). They are important for businesses as they provide a comprehensive view of financial performance, position, cash flows, and compliance with legal and regulatory requirements. FAQ 3 question: When are statutory accounts due to be filed with Companies House, and what are the consequences of late filing?
Statutory accounts are due to be filed with Companies House within a specified timeframe after the end of the financial year. Late filing can result in penalties, fines, and potential legal consequences, highlighting the importance of timely and accurate financial reporting.
Outsourcing statutory accounts services can benefit businesses by ensuring compliance, accuracy, and efficiency in financial reporting, allowing companies to focus on core operations and strategic growth. When choosing an accounting firm for this service, companies should consider expertise, experience, reputation, and cost-effectiveness.
Statutory financial statements are used by many people and organisations for example, the business owner, potential customers or suppliers, financial institutions, potential employees and credit reference agencies.
Statutory accounts have to follow a prescribed format as laid out by company law and have to be filed with Companies House each year. Non statutory accounts don’t have a set format and are not filed with Companies House.
