Pension Schemes

Pension Schemes require specialist advice for the preparation of annual reports, financial statements, and the audit of Occupational Pension Schemes following the Pensions Act 1995 and subsequent changes to accounting regulations.

Non-compliance with legislation including failure to produce reports and audited accounts can lead to civil and criminal prosecutions and potential fines which are up to £5,000 for Individual Trustees and £50,000 for Corporate Trustees.

Gilroy & Brookes act as accountants, auditors and advisors to a wide variety of different occupational pension schemes ranging from single member schemes to larger company schemes.

We understand the regulatory framework and the technical issues involved in preparing pension scheme accounts and completing an audit.

We can also offer:

• Taxation and VAT advice
• Preparation of payrolls and related returns
• General accounting and technical advice.

For more information or to arrange a free initial meeting please contact Laurie Powell on 01252 320446