As the end of the 2025 financial year approaches, we thought it would be a good time to send a reminder about what’s required and allow you time to gather it, should it be buried with other paperwork.
The period runs 1 April 2024 – 31 March 2025 and the information commonly requested (if relevant) is:
PDF bank statement/s showing the closing balance at 31 March 2025.
Loan summaries showing closing balances and interest deductions for the year ended 31 March 2025.
Hire Purchase account transactions, including interest, principal paid and closing balance at 31 March 2025.
Stock on hand at 31 March 2025.
Invoices for assets purchased or sold during the year.
Receipts for large repairs & maintenance costs.
Insurance premium notices
Home office expenses (office area, electricity, rates, insurance, mortgage interest)
Should you wish to, you can get a detailed checklist most relevant to your business here.
At Evans & Co we schedule our work accordingly and your client manager will get in touch prior to commencing your accounts. This will most likely be an email letting you know when they will be starting, and a brief outline of the info required.
If you require urgent accounts for finance, lending or personal reasons, please let us know so we can prioritise this work.
As always, if you have any questions or would like clarification on the above, please get in touch with one of the team who are always happy to help.
