Accountants

Accounts and business advisory

Our accounting and business advisory department offers an extensive array of support services tailored to meet the needs of businesses of all sizes.

Tailored Solutions for Business Growth

Our team is committed to delivering unparalleled business advice tailored to meet your unique needs.

Recognising that finance is far from a ‘one size fits all’ endeavour, we approach each case with a fresh perspective, collaborating closely with you to craft bespoke solutions that fortify your business. Through our expert analysis, we demystify complex figures, ensuring clear comprehension.

Leveraging timely and dependable guidance, our seasoned experts devise sophisticated strategies aimed at fostering both cost efficiency and sustainable growth.

How we can help:

Year end/annual statutory accounts

A bespoke approach to ensuring all deadlines are met, meeting your businesses requirements with sector-specific insights. Dotting the i’s and crossing the t’s.

Management accounts

We use sophisticated business intelligence and online accounting platforms to ensure our management information is always right on the money.

Financial health check

Assessing financial performance, identifying any areas of weakness and introducing action plans to maximise profit opportunities and improve financial performance.

Preparation of business plans

Working with you to develop a tailored business plan for the future of your finances. From business growth to strategic bolt-on acquisitions. You name it, we’ll plan it.

Bookkeeping, payroll & company secretarial

We strive to become an extension of your in-house team, providing accuracy, reliability, continuity, and expert business advice that’s just for you.

Online accounting services

Our suite of online accounting products, which are progressive, secure and adaptive, gives you flexible access to real time financial information.

Audit exemption

The Companies Act 2014 ushered in significant enhancements to the accessibility of audit exemption for companies and groups. Presently, the audit exemption criteria are as follows:

The company’s balance sheet total does not surpass €6 million.
Turnover remains below €12 million.
The number of employees does not exceed 50.

To qualify as a small company and benefit from this exemption, a company must meet TWO or more of these conditions in both the current and preceding financial years.

Notably, Irish companies within a group structure and those limited by guarantee can now take advantage of the audit exemption for the first time.

For group companies, the audit exemption applies if the entire group qualifies as a small group. To claim the exemption for a group company, the group and all its subsidiary undertakings must collectively fulfil two of the following three conditions:

The combined balance sheet total of the holding company and subsidiaries does not exceed €6 million net (or €7.2 million gross).

The aggregate turnover of the holding company and subsidiaries does not exceed €12 million net (or €14.4 million gross).
The average number of persons employed by the holding company and its subsidiaries does not exceed 50.

These conditions must be met annually, with the preceding year’s conditions also applicable unless it’s the holding company’s first financial year.

Regarding turnover and balance sheet total, ‘net’ denotes figures after adjustments to eliminate group transactions, following the criteria set by the Companies Act financial statements or International Financial Reporting Standards (IFRS). Conversely, ‘gross’ signifies figures without such adjustments.

Xeinadin offers comprehensive services, including the preparation of full and abridged financial statements for submission to the Companies Registration Office (CRO) to ensure compliance with Company Law requirements. Our expertise extends to financial planning and control, budgeting, and financial forecasting, as well as assistance with initial grant applications and subsequent claims.

Book a meeting

Book a free, no-obligation chat with our experts where we find out a bit more about your business, explain our services, and how we could work with you.