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Drennan & Co

            Chartered Accountants            Business advisors                                Financial management

Accounts and tax return finalised within three months of the year end - we achieve faster results on most clients

We are registered by the Institute of Chartered Accounts in England & Wales to carry out company audit work.

Companies with a turnover of less than £5.6m do not require an audit but in some cases the audit is imposed by a lender. Other companies which plan to float or be sold, opt to have an audit as it can ease the sale process. The audit threshold is lower for charities.

All limited companies must prepare accounts which comply with the Companies Acts and accounting standards. Our benchmark is to prepare finalised accounts and the Corporation tax return within 3 months of the year end - we achieve faster results on most clients.

Year end accounts are a statutory requirement and historical record. What is key for companies is the preparation of monthly management accounts. We train clients to prepare and interpret these accounts or prepare them for our clients.