Keeping you informed and on-track
As qualified accountants with years of experience working with companies of varying sizes over the years, you’d pretty much expect that we can prepare accounts, but there is so much more we can help you with at every stage of your business. When we work with clients on a more regular basis there is so much more opportunity for us to add value to the partnership.
You might want to just focus on getting the basics right and keep on the right side of the taxman, so our essential services of accounts, tax, and payroll make sure you do that.
When new obligations and opportunities to work differently present themselves, we can guide you through the challenges with our range of specialist areas such as cloud accounting, MTD and company formations.
If your business has grown to a size where it’s not just about you anymore, and you need to be able to step back and review the business and plan which direction it’s going, our enhanced services will come into their own as we become part of your finance team providing management accounts, financial reviews and cashflow advice
Our services explained
Annual Accounts
Accounts for companies need to be in prescribed format so we prepare and submit accounts to Companies House and HMRC.
For self-employed businesses we prepare accounts to establish your taxable income for your tax return and so you can provide evidence of income for mortgages etc
Cloud Accounting
We LOVE cloud accounting and we have heaps of experience helping clients move to a smarter way of working.
We can get you up and running by setting it up and making sure it’s personalised to you and your business.
We can spend time with you training you using your own data that makes sense to you.
Management Accounts
As your business grows, you may have a need for more frequent financial reporting such as quarterly or monthly.
We can work with your existing (internal or external) finance team to produce accurate and timely accounts each month or quarter so you can make informed decisions about which way your business is going
Taxes
Calculating and reporting your tax accurately and on time is important both for your peace of mind and to avoid unnecessary penalties.
We work with companies who need corporation tax returns submitting to HMRC each year and individuals who need to complete income tax returns for their self-employed businesses and their personal income if it’s unusual or high.
Where businesses are also registered for VAT, returns are typically done quarterly - we can help by reviewing, preparing and submitting these on time for you.
Making Tax Digital
Making Tax Digital (MTD) is an initiative from HMRC to help make the tax administration service more effective, more efficient and easier for taxpayers to get their tax right.
It means that the majority of taxpayers will be interacting with their HMRC accounts digitally for VAT, Income Tax and Corporation tax over the next 5 years.
For some people, this will be hard and we can help you by reviewing what you are doing now and advise on what changes you will need to make going forwards to be able to meet your obligations in time.
Financial Reviews
It’s good to step back from the day to day and analyse what’s going on in your business.
We can help you do that by meeting with you to look at your financials so you can check that you are on track with your plans, talk through ideas to make sure they make good financial sense
We can have reviews with you every 6 months, quarterly or monthly, but it's up to you what you want to get out of it.
Payroll
Whether you have one director or 45 employees, payroll is important to get right, both for the individuals and HMRC, so we support our clients by processing payroll, submitting information electronically to HMRC and reminding them what they need to pay and by when.
Company Formation
Whether you are starting out on your business journey and need a company registering with Companies House to start trading or you are considering incorporating your established self-employed business, we are able to advise and guide you through the process
Cashflow
When your business is small with just you running everything you pretty much know what's going on. As you grow you might find it harder to keep on top of the cash flow position or your business may need funding to help it get to the next step.
We can help with the day to day advice of cashflow or find an appropriate method
Let's get started, with you at every stage of your business journey.