ACCOUNTS ARE EXPLAINED IN PLAIN ENGLISH

We prepare your annual accounts from your business records ensuring they are compliant with any relevant statutory regulations. We discuss the accounts with you during an informal meeting and ensure you understand their meaning.

ACCOUNTS PREPARED BY AN EXPERT

The Principal of the firm has direct involvement in the preparation of the accounts irrespective of client size. All work is closely monitored ensuring the accounts are prepared to a high standard.

We prepare accounts for Limited companies, Limited Liability Partnerships (LLP’S), Sole traders & Partnerships

We submit accounts to Companies House electronically for almost all our corporate clients.

WE GET TO KNOW YOUR BUSINESS

By becoming closely involved in the preparation of the accounts we get to know your business. This enables us to discover any potential business improvements and tax planning opportunities.

OUR BOOKKEEPING CLIENTS CAN ACCESS THEIR RECORDS THROUGH THE CLOUD

We can relieve you of the burden of routine bookkeeping enabling you to get on with running your business and making more profit. All bookkeeping work is done at our premises.

Outsourcing your bookkeeping can be very cost-effective as it is also likely to reduce costs for your year-end accounts. We can save time as we know the records are tidy and already have access to the information we require to prepare the year-end accounts.

We can also prepare and submit your VAT returns. This gives you peace of mind that they are completed professionally.

BOOKKEEPING ON THE CLOUD

We use Xero which is one of the market leader accountancy software providers for the cloud. Xero is very competitively priced and as such we feel it is affordable to all our clients. We even use it ourselves!

There are a number of advantages of using our bookkeeping service:

• Saves you time

• You can access your records from anywhere with an internet connection

• Data is secure and not dependent on your hard drive

• Work is carried out by our own staff in our own office

• Accounts information is kept up to date

If however, you prefer not to use the cloud we can use more traditional software which does not use the internet.

REGULAR MANAGEMENT ACCOUNTS CAN BE VITAL TO THE SUCCESS OF YOUR BUSINESS

Many of our clients that take up our bookkeeping service can be provided with regular management accounts. This helps you to react far more quickly to changes in the business environment and plan for tax far more effectively.

There are a number of reasons for using our management accounts service:

• Base your decisions on accurate information and react quicker to business challenges

• Give confidence to outside bodies (e.g. banks) that you have good procedures within your business

• Provides evidence of financial results to support lending applications

• Regular dividends can be justified by proving you have considered the financial implications of payment

• Tax planning can be done on a timely basis before the opportunity has gone

WE ENSURE YOU PAY THE CORRECT AMOUNT OF TAX

We will help to minimise the exposure to tax through straight forward advice. We also have access to more specialised advisers when necessary.

CORPORATION TAX

We prepare corporation tax returns for all our limited company clients. The introduction of self-assessment for companies and fines for non- compliance has made it more and more important that returns are completed correctly and on time.

All corporation tax returns, once authorised, are submitted by us electronically using software approved by HM Revenue and Customs

SELF-ASSESSMENT TAX

We prepare self-assessment tax returns for individuals as well as our business clients. You may for instance rent out a property.

As a client you are provided with an explanation of how much tax to pay and how the tax has arisen.

Tax planning is considered regardless of the complexity and size of the client.

All self-assessment tax returns, once authorised, are submitted by us electronically using software approved by HM Revenue and Customs

THE IMPORTANCE OF QUALITY OF WORK

Preparing a self-assessment return is not costly and in our opinion preparing your own return can be a false economy. Errors in returns or not claiming all allowable expenses can be extremely costly.

ALL tax returns are prepared by a Chartered Accountant. It is important to keep up to date with all the changes in tax that occur. We ensure that we attend courses regularly to ensure that we are up to speed with any changes in law and any tax planning opportunities that exist.

OUR PAYROLL SERVICE IS EFFICIENT AND ACCURATE

We can offer you a payroll bureau service that deals with the crucial online filing required under Real Time Information (RTI) using our HMRC accredited RTI payroll software. Weekly or monthly payrolls can be catered for.

WHAT’S INCLUDED IN OUR SERVICE?

• Payslips emailed in PDF file to your business.

• Payroll reports showing details of all deductions.

• Advice of amounts and due dates for PAYE Tax and NI payments to be made to HMRC

• Employment allowance claims

• RTI reporting including online submission of relevant reports to HMRC including final year-end submissions.

WHY USE US?

All payrolls are processed by our staff within our own premises. Information we receive is treated with strict confidentiality.

We liaise with clients very closely to ensure that all payroll information is provided in good time to enable the payroll to be processed without any errors. Payroll advice is given as and when required without necessarily incurring additional fees.

ONE STOP FOR A BROAD RANGE OF SERVICES

BUSINESS START UPS AND INCORPORATIONS

We advise businesses on choosing the legal structure that suits their needs. We also provide assistance with the accounting and regulatory requirements including incorporations where appropriate.

BUSINESS PLANS AND PROJECTIONS

We are able to assist you with business plans and projections whether it is for a new venture, to raise finance or to assist in the application for a grant. We liaise with you to ensure the projections prepared are credible. The reports produced will project a professional image of your business.

COMPANY SECRETARIAL WORK

Companies require minutes for all important decisions.

• Dividends

• Change in officers

• Changes to share capital

We also submit Annual returns on behalf of clients and can assist with other company secretarial work.

TAXATION ADVICE AND PLANNING

As part of our ongoing service we aim to provide regular tax advice, but can also provide tax advice and planning on specific issues.

TAX INVESTIGATIONS

We can assist you with HM Revenue and Customs enquiries helping to put your case across and negotiating with the Revenue to ensure you pay only the correct amount of tax.

XERO TRAINING

Xero is an online accounting software package for small business owners.

We have considerable experience of using Xero and so are able to offer support and training in Xero to our clients.