The annual financial statements are by their very nature historic. In our view it is important to produce these as soon as is practical for you in order that these are still relevant. This is part of our value added approach to assisting our clients.
The work is planned before we start and at this time we identify your needs and agree and appropriate timetable for completion. Our approach is tailored to suit each assignment and is very much more than a rechecking exercise. Our expertise ranges from sole traders and partnerships to private and medium sized companies.
With our company secretarial services, you don’t have to worry about all the deadline and penalties. We keep track of all the important date and events during the year, so that you clients do not face any unnecessary work and charges.
We can act as a surrogate Management Accountant for your company and provide monthly management accounts at affordable costs. We can also assist in monitoring and reviewing your management accounts through our online accounting system. We can produce variance reporting against budget if your company has some form of budgetary control.
Vat and Bookkeeping
To help you concentrate on your business activities, we relieve your burden by taking care of all your bookkeeping and accounts need. Manage by trained staff, we provide efficient and effective services by providing up to date information with the help of our highly developed bookkeeping software. This means you can access the latest information and reports from your accounts at any time.
Beside bookkeeping, this also increases accuracy and efficiency of VAT returns and key performance Indicators. This saves you valuable time to attend core business areas.We also advice on different accounting software including Sage, Quickbooks, TAS Books, Dosh cash book, Quicken and any other software.
The arduous task of preparing the payroll and working out the monthly payments for tax and national insurance can be undertaken by us. We would provide you with a summary of the individual monthly or weekly payroll. Weekly or monthly payslip would also follow the monthly summary. At the year end, we would complete the annual P35 returns on your behalf.
Corporation and Personal Taxation
It is critical to ensure that your tax returns are filed on time. Whilst reviewing your company or personal tax situation, we would normally also advise on tax planning so that client can legitimately save tax.
Accounts System Review
Our trained staff will be able to review your accounting system and advise on improvements and time saving in achieving the end result.
Business Start-up and Planning
Most people who start up in business do so because they have a good business proposition, not because they are experts in the financial aspects of running a business. These factors can often be quite daunting to the entrepreneur and this is where we can help by evaluating your ideas and helping you develop them into a feasible business.
We can also help you:
Decide on the most suitable structure for your business (i.e. sole trader, partnership or limited company)
Prepare a business plan, cash flow projections, budgets and trading forecasts to decide on the most suitable structure for your business (i.e. sole trader, partnership prove the financial viability of your ideas and demonstrate this to the bank / potential investors Assess your finance requirements and access the most appropriate source of finance Help you establish relationships with banks, solicitors, etc via our well established network of contacts Carry out registration procedures with Companies House, Inland Revenue or Customs and Excise Set up an internal accounting system which complies with statutory requirements