Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Holding and Movements Alcohol Strategy Accounts

From
HM Revenue & Customs
Updated
, see all updates

Accounts: What are Annual Accounts and what is the value in checking them?

The annual accounts of a business are a record of a company’s trading activitiesover a given period of time.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

How many years Annual Accounts should I check?

To gain the best advantage from annual account testing you should compare at leastthree years accounts. This should enable all fluctuations in trading patterns to beidentified.

At what stage of the Event should the Annual Accounts be checked?

The accounts can be checked and used effectively at any stage of an event. If youobtain copies either prior to the event or at an early stage, it can be a useful tool inthe planning stage for shaping both the interview and substantive checks you will perform.