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End of year Accounts Preparation

What are Statutory Accounts?

Statutory accounts – also known as financial statements or year-end accounts – are drawn up by the Directors or Members of an entity to report various financial measures and related disclosures for filing with Companies House.

Preparation of Accounts involves a careful examination of a process where we make sure that every invoice, both sales and purchases along with every transaction in your bank statements from your company associated business bank accounts are entered and reconciled into our software with 100% accuracy.


After this, our experts produce your invaluable financial statements for your company analysing every figure as they appear.

"Annual accounts need to be accurate. As a formal record of your business' finances, they are not just necessary for the taxman, but well-prepared accounts are an excellent way to impress your bank, other potential investors, existing and new clients."


- The Association of Chartered Certified Accountants (ACCA)

To make life easier for our clients, we accept the data in any form- we do understand the day to day pressure on a business owner.


We have linked most of our data transfer channel to various Cloud Accounting Software for our clients but if the clients still prefer to provide us a bag of bank statements and invoices, we will happily accept them since we are here to make accounts easy for you and your business.

Why is it so important?

Every year, all limited companies are legally required to complete statutory accounts. They are a crucial part of running a company because they make up part of the company tax return.


Statutory accounts must therefore be submitted to HMRC once a year, as part of declaring how much corporation tax is due.

Our Service

Our accounts preparation service includes: 

  • Annual accounts

  • Statutory accounts

  • Financial Statements in IFRS/UK GAAP

  • Handling of HMRC disputes

  • Accounts review and improvement

  • Cloud accounting integration.

The ways in which we can help you...

We care about you and your business hence why we go above and beyond for all our clients

Business Startup Support

Starting a new business can change your life. We provide support in order for you to get your feet off the ground.

Bookkeeping & Cloud Accounting

We love working with cloud based software which allows your financial information to be accessible by you and us 24/7.  

Personal Tax

Self-Assessment Tax Return service for individuals helps to ensure your return is completed on time and efficiently

Payroll & RTI Submissions

Any business that has employees will need to run a payroll and submit RTI to HMRC on each payday

VAT and Indirect Tax

We complete VAT returns on a monthly, quarterly or annual basis for clients, helping putting your mind at ease over VAT

End of Year Accounts Preparation

Year end accounts often form the basis of your Self Assessment tax return and provide a valuable insight into your business

Construction Industry Scheme

We work with contractors to make sure they understand their obligations and remain  compliant throughout the process.

Business Tax

Navigating your corporation tax returns can be compared to negotiating a minefield.


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© 2022 Malaika Business and Finance Ltd. All rights reserved.


Get in contact now to find out how we can help your business thrive.

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298 Green Lane,

Ilford, IG1 1LQ

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