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Company-secretarial-accounting-service
Company-secretarial-accounting-service

Company Secretarial Accounting Service

What is a Company Secretary?

Company secretaries are an integral part of ensuring that a business complies with financial and legal practices.

Does my Business need a Company Secretary?

Although legally speaking, you do not require a company secretary, the ever-increasing workload within a business makes it beneficial for your business to invest in one.

As a business owner, wouldn’t you rather focus your valuable time on the running of your business, leaving the responsibility of making sure your business is complying with the Companies Act down to a company secretary?

Not only is it complex and time-consuming keeping on top of all the changes in legislation, but it is also more worthwhile to have a company secretary to eliminate the added pressure of maintaining all governance issues and ensuring that your statutory obligations are being fulfilled.

Your Business must comply with Statutory Regulations

There are many advantages to employing a company secretarial role, a key factor being that there is someone who can identify, keep track and meet compliance deadlines throughout the course of a year.

When a company is formed, it is important, yet challenging to stay up to date with the change in corporate governance and regulatory compliance. Some of the tasks that a business must be fully aware of include:

  • Each year you must prepare your businesses annual return.
  • Ensure all accounts are filled correctly.
  • Stay aware of Companies House changes.

There are not only responsibilities that need to be considered during the set-up of a business, but there are also a set of every day tasks that must also be carried out. For example, the decisions carried out by directors and shareholders of a business must be documented for the Companies Act legislation.

Legal requirements and changes to the Companies Act can often be missed when a business owner is focused on the running of their business, so why not have an expert in this field of work take control of this area of your business?

What our Company Secretarial service includes:

Your company records must be held at the Registered Office unless stated otherwise, as the HMRC could choose to invalidate your dividends if not adhered correctly. This would mean that the HMRC could argue that the alleged dividends were net salary, which would then cost the Director a great deal in PAYE and national insurance contributions. Our company secretarial duties include:

Completing the Annual Return.
Completing the forms for appointing and removal of directors, change of accounting date, change of registered office.
Preparing share transfer forms and share certificates.
Preparing minutes of board meetings, AGM, Extraordinary.
Preparing dividend vouchers.

We can help your business with its Company Secretarial duties

By leaving the overwhelming task of handling your companies secretarial duties to our expert accountants team, you’re able to focus on other areas of your business. We’ll also be available to provide you with accounting advice as you may need it.

At H&H Accountants we offer a variety of accounting services that are made to support you and your business every step of the way. Get in touch today for more information.

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