SME Insights Archives - Daykin Scott

SME Insights

January 13, 2025
Published by Daniel Scott on January 13, 2025
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Navigating Rising Business Costs in Sutton Coldfield and the West Midlands: Strategies for SMEs

Small and medium-sized enterprises (SMEs) in Sutton Coldfield and the West Midlands are currently facing significant challenges due to escalating operational costs. Factors such as increased energy prices, higher wages, and supply chain disruptions are exerting pressure on local businesses, leading to concerns about sustainability and profitability.
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October 10, 2024
Published by Sophie Daykin on October 10, 2024
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Understanding UK Statutory Accounts: What every SME should know

As a small or medium-sized enterprise (SME) in the UK, understanding statutory accounts is essential to your financial health and legal compliance. Statutory accounts, also known as annual accounts, are a legal requirement for all limited companies registered in the UK.
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October 7, 2024
Published by Daniel Scott on October 7, 2024
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FRS 102 vs FRS 102 1A: Choosing the Right Accounting Standard for Your SME

Daykin Scott Chartered Accountants breaks down the key differences between FRS 102 and FRS 102 1A, helping you make an informed decision that aligns with your business needs.
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