Sole Trader Accounts Preparation

Schedule of Services

This schedule should be read in conjunction with the engagement letter and the standard terms
and conditions.

Our service to you

We will prepare your business accounts in accordance with generally accepted accounting
practice from your books and records, and from information and explanations provided by you.

We will not be carrying out any audit work as part of this assignment and accordingly will not
verify the assets and liabilities of the business, nor the items of expenditure and income. To
carry out an audit would entail additional work so that we could report on the truth and fairness
of the accounts. We would also like to emphasise that we cannot undertake to discover any
shortcomings in your systems or irregularities on the part of your employees.

We have a professional duty to compile accounts that conform with generally accepted
accounting principles. Where we identify that the accounts do not conform to accepted
accounting principles, nor to the specific rules relating to the cash accounting regime, we will
inform you and suggest amendments be put through the accounts before being published. We
have a professional responsibility not to allow our name to be associated with accounts that
may be misleading. In extreme cases, where this matter cannot be resolved, we will withdraw
from the engagement and notify you in writing.

To ensure that anyone reading the accounts is aware that we have not carried out an audit, we
will attach to the accounts a report stating this fact.

We will attach to the accounts a report developed by the Consultative Committee of
Accountancy Bodies (CCAB), which explains what work has been done by us, the professional
requirements we fulfil and the standard to which the work has been carried out. You can obtain
further information from the Association of Chartered Certified Accountants about:

1. The technical guidance for the work
2. The related ethical and other professional requirements.

The intended user of the report is the proprietor. The report will be addressed to the proprietor.

Our responsibility to you

We have set out the agreed scope and objectives of your instructions within this letter of
engagement. Any subsequent changes will be discussed with you and, where appropriate, a
new letter of engagement will be agreed. We shall proceed on the basis of the instructions we
have received from you and will rely on you to tell us as soon as possible if anything occurs
which renders any information previously given to us as incorrect or inaccurate. We shall not be
responsible for any failure to advise or comment on any matter that falls outside the specific
scope of your instructions. We cannot accept any responsibility for any event, loss or situation
unless it is one against which it is the expressed purpose of these instructions to provide
protection.

Your responsibility to us

The advice that we give can only be as good as the information on which it is based. In so far as
that information is provided by you, or by third parties with your permission, your responsibility
arises as soon as possible if any circumstances or facts alter, as any alteration may have a
significant impact on the advice given. If the circumstances change, therefore, or your needs
alter, advise us of the alteration as soon as possible in writing.

Responsibilities

Our function as accountant is to act as agent on your behalf in preparing the accounts of your
business each year. This may involve writing up your books and records from the information
and vouchers provided and preparing draft accounts for your approval.

We have agreed that you will be responsible for:

1. Maintaining records of all receipts and payments of cash
2. Maintaining records of invoices issued and received
3. Reconciling balances with the bank statements
4. Preparing a record of business mileage undertaken in the year
5. Preparing a record of hours per month worked at home if you wish to claim for business
   use of your home
6. Preparing details of any loan interest paid
7. Preparing details of the following at the year-end where applicable: stocks and work in
   progress; fixed assets; amounts owing to creditors; amounts owing by customers; and
   accruals and prepayments.

Our report will be based on information gained from you, and we accept no responsibility for
any losses arising out of implementing our report. Further, our report requires us to rely
substantially on your representations. Therefore, we can accept no responsibility for any losses
for issues not addressed in our report.

As part of our normal procedures, we may request you to provide written confirmation of any
oral information and explanations given to us during the course of our work.

Limitation of liability

Our services as detailed above are subject to the limitations on our liability set out in the
engagement letter and in paragraph 18 of our standard terms and conditions of business. These
are important provisions, which you should read and consider carefully.

There are no third parties that we have agreed should be entitled to rely on the work done
pursuant to this engagement letter.

You may request that we provide other services from time to time. If these services fall outside
the scope of the above engagement, we will issue a separate letter of engagement and scope of
work to be performed accordingly.

Because rules and regulations frequently change, you must ask us to confirm any advice
already given if a transaction is delayed or a similar transaction is to be undertaken.

November 2025

TN6 Ltd