GRANT'S

GRANT'S

Updated 2 months ago

Short profile:

Grants Chartered Accountants was established in Leeds in 1946. It offers businesses and individuals an expert accounting and taxation service enabling them to achieve financial success. Today Grants is a microcosm of a large accounting firm, offering the whole spectrum of financial assurance, business development and forensic services.

Everyone hopes to maintain the same standard of living in retirement as they presently enjoy while working, but to achieve this requires considerable forward planning. Here are some important questions you need to ask yourself: Trusts are relatively easy and very tax efficient way to set aside assets for future beneficiaries outside of the inheritance tax net.

We can advise on the most suitable type of trust for your purposes, set up trusts, and provide a full range of accounting services for trusts.

Detailed description:

We can prepare accounts and perform audits for all types of business including sole traders, partnerships, and limited liability companies, in any sector of the economy. Having us prepare and audit your annual accounts has many benefits: You receive an accurate account of your true financial position. We have the opportunity to identify any potential areas of weakness in your business and advise you on appropriate remedial action. You have a professionally documented basis for future finance applications, reports, etc. You have peace of mind of knowing your accounts are in full compliance statutory requirements.

The overall image and reputation of your business is greatly enhanced by your being able to present a professionally prepared set of accounts. The last thing you want in your business is to have valuable time and resources tied up with routine bookkeeping and accounting. That's something we can do for you, either at your office or at ours. We begin by discussing your specific requirements with you and then we set up appropriate accounting procedures and controls and ensure your accounts are kept fully up-to-date and in compliance with statutory regulations.

Finance is the lifeblood of any business. At every stage in its growth a business needs to maintain a balance between a positive cashflow and adequate working capital on the one hand and a reasonable return on investment on the other. Directors' drawings, shareholder dividends, and debt repayments need to be carefully orchestrated to ensure that the smooth running and continued growth of the business are not jeopardized. Moreover, while proper provision needs to be made for possible external changes such as economic downturns or fluctuations in exchange rates or interest rates, and internal changes such as temporary or permanent loss of key employees, it is equally important that any finance raised by the business is are made to work for the business.

Keywords:

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