Limited Company & LLP Accounts        IBC Accountancy will prepare your Limited company or LLP accounts.Whether your company is trading or dormant We can ensure filing deadlines are met and statutory obligations are covered.  With new iXBRL filing requirements being recently introduced, make sure this doesn't delay your accounts being filed at Companies House, by letting IBC Accountants deal with these statutory obligations on your behalf.

 IBC Accountants 

You can also take comfort in the fact that all your affairs will be neat and up to date, resulting in accurate accounts and potentially reduced storage requirements. 

 Sole Trader & Partnership Accounts

Year end accounts don't need to just consist of handing a bag of receipts to your accountant at the end of the year.By assisting you during the year, IBC Accountancy can help turn just a few minutes a week into making sure your records and information are properly maintained, saving you both time and money when it comes to the end of your financial year.

 Sole Trader or Partnership

Whether you’re a sole trader or partnership keeping up to date with your accounts and tax returns can be complicated. That’s why here at IBC Accountancy our aim is to offer a complete end to end service to take care of all your accounting and tax needs

What is a partnership?

In a partnership, two or more individuals join together to run the business enterprise. Each of the partners has ownership of the business assets and responsibility for the businesses liabilities.

What is a sole trader?

In contrast a sole trader is typically a business owned and run by one person. The business is not considered to have a separate legal identity but rather is an extension of the individual who owns it. 

  Limited company

The form of entity you choose for your business can have a significant impact on the way you are protected under the law and the way you are affected by tax rules and regulations. 


 A Limited company has a separate legal identity which usually means the owners are protected from the liabilities of the business. A limited company must be registered with Companies House and has to file annual accounts. These accounts are then placed on the public record for anyone to see. A limited company pays corporation tax rather than income tax on its profits. Choosing between sole trade or limited company is not something done just at the outset.  It should be kept constantly under review. For example there are signficant advantages for incorporating, that is turning from a sole trader to a limited company.

At IBC Accountancy we can advise you of the advantages and disadvantages of being a sole trader or forming a limited company and help you come to the right decision for you. 
 
 IBC ACCOUNTANCY
106 Carioca Business Park
2 Sawley Road,Miles Platting
Manchester       M40 8BB