Sole Trader Accounts Preparation

What sole trader accounts preparation covers

This service focuses on getting your year end figures right, with the detail needed for confident tax reporting.

• Review of your income and business costs for the accounting period
• Checks that transactions are correctly categorised and supported by records
• Identification of common allowable expenses and deductions
• Adjustments for items such as personal use, capital purchases, and prepayments where relevant
• Clear profit calculation ready for Self Assessment reporting
• Simple summaries you can understand, not just spreadsheets

Who this service is for

This is a good fit if you are self employed and want confidence that your profit is calculated correctly. It is especially useful if your records are spread across bank accounts, card payments, cash, or multiple income streams, or if you are unsure what you can claim.

How the work is delivered

You provide your bookkeeping data and supporting information, usually from cloud accounting software or organised records. The accounts are prepared through a review and tidy up process, followed by profit and adjustment calculations. Any queries are raised early so you can resolve gaps before filing deadlines.

What happens after your accounts are prepared

You receive year end figures that can be used for Self Assessment, budgeting, and planning. If you want ongoing support, the same structure can be used during the year to keep your numbers up to date and reduce the rush at year end.