Statutory accounts – also known as financial statements or year-end accounts – are drawn up by the Directors or Members of an entity to report various financial measures and related disclosures for filing with Companies House. Keeping up to date with changing accounting standards and presentational requirements can be a headache, especially when you only dip into it once a year. Theron Accounting offer a full statutory accounts production service, we’ll take responsibility – and that headache – and ensure your annual accounts are complete, on time. Statutory accounts and management accounts are benchmarks in the industry of economics and business management. Their purpose is to monitor financial movement and allow for reporting on current progress, previous successes/failures and provide forecasts for the future.