The benefits

  • Real-time information
  • Informed business decisions
  • Free up your time

Why do I need to keep my financial records up to date?

You will be able to make more informed business decisions

  • With up to date financial records this allows you to keep a keen eye on the cash flow and performance of your business in real-time.
  • It is a UK statutory requirement to prepare annual accounts if your company is either a limited company, LLP, charity, association or a society and bookkeeping is the foundation on which they are prepared on. 


How do I keep my records up to date?

Let Caldwell Penn do the hard work for you

  • We have a team of in-house bookkeeping experts with vast detailed knowledge of the latest cloud-based bookkeeping software and accounting standards who will take care of your record keeping and compliance in the background.
  • We take the stress out of making sure your records are up to date by:
    • Recording all invoices and expenses ensuring that they have been recorded correctly using the most up to date cloud-based software and technology with minimal fuss.
    • Reconciling all your records on an agreed periodic basis.
    • Preparing all monthly adjustments to ensure your records and data are accurate and timely. 

What are the benefits?

Better business decisions using real-time financial information

  • Keeping your financial records up to date can be very time consuming and for most businesses that time can be spent far more effectively elsewhere, for example meeting customers, concentrating on product and market development, or just planning for the future. We will free up your time to allow you to concentrate on the more important day to day running of your business.
  • You will be able to sleep easy knowing that your records are up to date and accurate.
  • All your business’s financial records will be updated on a periodic basis agreed upon with you, be that weekly, monthly or quarterly. But remember, the more up to date the information, the more informed and better your business decisions will be. 

COPYRIGHT © 2021 CALDWELL PENN LIMITED   |   Company Reg Number: 03872209   |   ICAEW - Institute of Chartered Accountants in England and Wales: C005061064