Sole Trader Accounts

End of Year Financial Accounts for Sole Traders

As a Sole Trader, the day to day running of your business rests with you. That can be a scary, lonely place.

No doubt you wanted to set up your own business to do the work you love, whether that be as a freelance designer, a decorator, a plumber, a shop owner or a cleaner. What you didn’t go choose to work for yourself for was the love of bookkeeping and accounting! (Unless you’re like us, that is!).

We can help you by taking care of all your bookkeeping and accounting needs. We are here to make sure you can focus on running your business, while we look after the rest.

We’ll sit with you and work out a plan to grow your business, taking the work out of paperwork for you.

We’ve worked with sole traders of all types. Some have simply left us with a bag of receipts to sort through and some of compiled accurate spreadsheets leaving us to process the end of year return accurately with HMRC. 

We don’t judge!

The Impala Accountancy office is a relaxing place, where you can sit back on our sofa’s and talk openly and honestly about the challenges you are facing and your plans for the future.

We’re here to help you achieve your dreams!

Our bookkeeping and accounting services for sole traders include:

  • Undertaking all aspects of your bookkeeping;
  • Preparing your annual accounts.
  • All our software is HMRC compliant and is MTDfV ready.
  • Preparing Management Accounts.
  • Any other short-term projects that you require.

Our dedicated bookkeeping team is highly trained in a range of accounting software packages including Sage and Xero.

With technology rapidly moving forward within the accountancy industry, and as more entities become paperless, it is becoming common for bookkeeping functions to be outsourced.

This is partly driven by the range in software now widely available, which is partly due to government initiatives coming into force such as Making Tax Digital.