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Accounting Services

ACCOUNTING SERVICES

At Lloyd & Co we provide a number of accounting services for small businesses. From preparation of financial accounts to business analysis and succession planning, we provide cost-effective solutions to help your business grow and succeed. The following accounting services are provided:

  • Compilation of Financial Statements,
  • Budgeting and Cash Flow forecasting,
  • Assistance with Financial Application,
  • Advice on and setting up your record keeping systems,
  • Analysis of succession planning,

COMPILATION OF FINANCIAL ACCOUNTS

We prepare Annual Financial Statements for all entities and industries.

By integrating our work with your existing data we avoid the duplication of re-enterring data that you have already processed. The financial statements that we prepare at Lloyd & Co, form the basis that assist you in managing your business. These financial statements are suitable for most tax and accounting purposes, and can be adapted to suit the needs of it’s users.

BUDGETING AND CASH FLOW FORECASTING

In the current economic climate, we believe that personal and business budgets as well as cash flow forecasts are a necessity. Our research has shown that the businesses and people that take the time to create budgets and cash flow forecasts are the best equipped to achieve their goals no matter what the global economic situation might be. These cash flow forecasts and budgets are valuable tools used to assist with the preparation of forecasts for management and shareholders. In addition, they can also be useful in assisting with funding applications.

FINANCE APPLICATIONS

Whatever your finance requirements, we will work with you and your present or prospective lenders to develop funding applications in the most suitable format.

Further, via our network of specifically chosen partners, Lloyd & Co are happy to assist and recommend the most suitable lender for your specific requirements.

RECORD KEEPING

An appropriate record keeping system can determine the survival or failure of a new business. For those already in business, good record-keeping systems can increase the chances of staying in business and the opportunity to earn larger profits. Complete records will keep you in touch with your business’s operations and obligations and help you see problems before they occur.

We can assist your business with assisting in implementing procedures for establishing a good record-keeping system.

SUCCESSION PLANNING

Succession Planning is the process of planning for the day a business owner decides to step down from their leadership role. This can be achieved through identifying potential difficulties or weaknesses early and ensuring that employees are recruited and developed to fill each key role within the business.

We can assist with creating solutions for a smooth transition and long-term success.