Pension Scheme Accounts
The majority of pension schemes are required to have an annual trustees’ report and an audited set of accounts. These must be available and filed within seven months of the scheme year end.
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Preparing formal accounts for the trustees and advisers in a format suitable for audit, including notes to support the main statements, can take time and considerable experience.
The accounts will be reviewed as part of the audit, as errors and mistakes are identified and adjusted for.
At Accountants 4 Pension Schemes we can take the headache away from you.
We assist our clients by:
- Working with the trustees before year end to arrange a suitable timetable to complete the accounts
- Working with the scheme’s administrators and advisers in collecting evidence of transactions during the year
- Completing a full set of accounts to comply with the reporting standards and reflecting all changes within the scheme
The work is undertaken by experienced specialists who operate completely independently of our audit department, keeping the two tasks separated and giving assurance that there is no cross-over, self-review or potential conflict.
We will provide you with the contact details of two members of our team so you can always contact someone regarding your affairs.
Alongside the accounts preparation, we are increasingly being asked to provide full financial administration services. These include the maintenance and running of the trustees’ bank account, cash flow management, payments to and from the scheme, accounting for tax and the submission of the relevant returns for HMRC.
At Accountants 4 Pension Schemes we work in a systemised manner and adopt robust, tried and test processes, which allows us to offer accounting services at a competitive price.
To get a quote for us to complete your scheme’s Accounts, click below or call a member of our specialist team on 01474 853856.
Want to find out more?
Call us on (01474) 853856 and we will put you in contact with one of our advisers, or send us an enquiry by clicking below.