Our bookkeeping services can be structured to meet the needs of your business:
- If you have your own accounting system, we can simply come in and process the relevant paperwork for you.
- If you don’t have your own accounting systems but want one, we can install a suitable package and then come in and process the relevant paperwork for you.
- Alternatively, we can process your paperwork on our system and provide appropriate reports.
Whatever paperwork you have, whatever the format, we sort it out.
Purchase ledger, sales ledger, nominal ledger, bank reconciliations, fixed asset register maintenance and stock valuation.
Making a sale is only half the job done. It’s only completed when the payment’s been received, banked and cleared your account. Credit control is often left until it’s too late and this can have devastating consequences to your business.
We can set up a process so that you are always in control. A bespoke package can be arranged to ensure that our service meets the needs of your particular business at an affordable cost. A good process will more than often pay for itself.
Payroll for small and medium sized businesses can be a minefield and very time consuming. Our service takes away the worry of keeping up to date with legislative changes at a very affordable cost.
We can provide a full payroll service and take care of other payroll related necessities such as pension and auto-enrolment administration.
Fees vary depending on number of employees and staff turnover. An initial set up fee is charged then an ongoing monthly charge per employee.
Management accounts provide you with management information relating to various aspects of your business, allowing you to make intelligent and educated business decisions based on accurate and up to date information.
Regular reports are vital to enable your business to succeed and develop. They allow you to quickly see where your business stands in terms of profitability, giving you the right information to make changes, if necessary. You can predict future events based on historical trend information, giving you an edge over your competitors.
We offer bespoke reporting to suit your needs. No matter what your requirements, we are able to report weekly, monthly, quarterly, half-yearly or any other period that is relevant to you and your business.
Budgets, forecasts, cashflow, business plans, variance analysis, key performance indicators (KPIs) and dashboard reporting.
BUDGETS, FORECASTS & BUSINESS PLANS
We have extensive knowledge and experience in preparing budgets, forecasts and business plans. This can be in house departmental budgets to help control your business, or may be required by your bank or other stakeholder. This service can include detailed variance analysis to establish why targets have not been met or where they’ve been exceeded.
All business needs are different so this service can be provided on a regular basis or as a one-off project.
YEAR END ACCOUNTS
Your financial year end shouldn’t be stressful. We will take away the worry by preparing and filing your year-end accounts, whether you are a sole trader, a partnership, a limited company, a limited liability partnership or a non-profit making organisation. We ensure that all compliance regulations are met.
On the completion of year-end accounts each client is presented with a set of management reports. We can also provide a company with financial reports specific to their requirements.
Both your business and you as an individual have tax obligations that need to be met. We can take care of your tax calculations and the completion and filing of returns with HMRC.
Corporation tax, PAYE, VAT, self-assessment.
VAT returns can be so time-consuming, so if:
- you just need your VAT return checking
- you need somebody to take care of the whole process
- VAT returns are confusing you and take up too much time
- you’re not sure of your responsibilities
… we can help.
We can complete them monthly, quarterly or annually and submit returns to HMRC on your behalf.
If you have been issued with a tax return by HMRC or you are registered as self-employed we can prepare and submit the paperwork for you.
As well as accounting services, we also offer company secretarial services to small and medium sized companies. These services include company formation and the filing of accounts and annual returns with Companies House.
NEW BUSINESS START UPS
We know what its like to be a start up business and can work with you to ensure you take all the necessary steps to be compliant with Companies House and HMRC as well as assisting with raising funds.
We realise that one off projects crop up from time to time, meaning you need additional support and guidance. This is just a short list of example projects we can help with:
Implementing a new bookkeeping or accounting system
Bespoke bookkeeping or accounting training
Bookkeeping and accounting staff recruitment
Accounting departmental restructure
Caretaking and interim cover
Mentoring and coaching
Cost control and reduction
Internal controls & risk minimization
Drafting and implementing new financial policies and procedures
We can support you through the commercial and financial due diligence process, to ensure that all the necessary information is provided to potential investors to ensure a smooth and hassle-free investment for both parties. We can also offer assistance in complying with their ongoing requirements such as regular management information.