Profit and Loss/Balance Sheet Statements

This service involves me drafting your business' Profit and Loss and Balance Sheet Statements for an interim period or for the end of financial year.

These statements are essential for any business that wants to understand how their finances are being managed and where their money is going. With these statements, I can track your income and expenses, analyse your profitability over time, so that you can make informed decisions about the future of your business.

By drafting up your business Profit and Loss Statement, I can provide a detailed picture of your company's financial performance. It will show the total income earned from your business sales, interest received from investments, taxes, etc., as well as all expenses incurred such as salaries, rent, utilities, advertising costs, etc. By comparing these two figures, your Profit and Loss Statements can determine if your business is profitable or not.

By drafting Balance Sheet Statements, I can help you understand the financial health of your company by showing its assets (cash, bank, stock, property. investments), liabilities (debts) and equity (the difference between assets and liabilities). This statement will provide an overall view of the financial position of your business at any given moment in time.

These statements are crucial for you to monitor your business and its financial progress over time so you can make smart decisions about how to invest your resources for maximum returns.