Partners:

  • Hywel M W Thomas FCA
  • Matthew J Williams ACA CTA

Cymraeg | English

Accountancy & Audit

Year End Accounts

Whether you are a sole trader, a partnership or a limited company, year end accounts have to be prepared for either disclosure on your personal tax returns or for submission to Companies House. We have clients who provide us with a range of books and records from a bag full of receipts to a fully computerised trial balance.

Once draft accounts have been prepared we will arrange an appointment for us to meet and to discuss any issues we or you may have. This provides us with at least an annual face-to-face meeting, whereas other accountants may just send out a set of accounts to you with no further contact.

Audit

Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost centre - a necessary evil - we strive to transform it into higher profits. In addition to helping you meet your statutory requirements, we take the opportunity to review your financial and management systems to suggest improvements that would benefit the company and its shareholders.

Company Accounts

Limited company accounts are prepared by qualified staff who have a thorough knowledge of FRSs and up to date accounting standards. Filing deadlines are guaranteed to be met.

Cashflows & Business Planning

Regular business cashflows and projection reports can help your business to keep abreast of your financial position, and can help to provide warning for future problems and issues that may arise.

Other projections, such as balance sheet and profit & loss reports are also useful, especially when attempting to raise finance.

In addition the key to any successful business is to have a clear plan and to take action during the implementation of the plan to ensure that progress is measured and corrective action taken where necessary.

The aim of our business planning service is to:

  1. Identify where your business is now.
  2. Plan effectively for the future.
  3. Focus on key strengths.
  4. Improve management information.
  5. Maximise the effective use of resources.
  6. Identify funding requirements.
  7. Forecast the financial implications of the project.
  8. We can assist with the preparation of future plans and the preparation of annual budgets and financial forecasts.

Grant Claims

We have prepared grant claims across a wide range of industries. These are done on a timely basis to ensure the business receives the funding when it is required the most with no undue delay.

L H Phillips & Co. · 29/30 Quay Street · Carmarthen · SA31 3JT

Tel. 01267 237534 · Fax 01267 234036 · E-Mail: info(аt)lhphillips.com