George Hay & Company (Westminster) LLP

For businesses or individuals requiring accounting assistance in London, George Hay & Company (Westminster) LLP offers statutory accounts, bookkeeping, management accounting. These are separate but related areas of professional accounting work.

Statutory accounts are included in the service offering. These are financial statements prepared for relevant formal reporting requirements and differ from the day-to-day recording of accounting transactions. Bookkeeping is part of the listed service range. It deals with the organisation and recording of financial transactions, providing information that may also be needed for accounts, tax reporting and business records.

Management accounting is included in the firm’s work. It focuses on financial information for managing a business, making it distinct from compliance-oriented accounts or tax return reporting. Taxation is included in the range of services offered. It forms a distinct strand of accountancy work from the preparation of financial statements, even though the underlying information can be closely connected. Payroll is included among the services provided. This concerns pay-related information for staff and employers, separate from VAT accounting and the preparation of annual accounts. These service areas sit together in the practice’s accountancy offering, while retaining their separate purposes. George Hay & Company (Westminster) LLP is based in London, where enquiries about its listed accounting services can be directed to the firm.