Final accounts preparation

Whether you are a Sole Trader, Partnership or Limited Company we can help you ensure your accounts are prepared with the minimum disruption to your business. We can provide a full accounts preparation service or offer assistance with your own accounting systems. Your annual accounts must comply with accepted accounting standards and principles, and those statutory accounts files at Companies House must be in a set format with specific notes. We can ensure that your accounts meet the requirements and are filed on time.

Tax returns for sole traders, partnerships, companies and individuals

We will prepare tax computations and returns from business accounts and submit these to HMRC; advising on the amount of tax to pay and when it is due for payment. We can deal with general enquiries from HMRC and advise you if you become subject to an HMRC investigation. The personal tax regime can be complex and we make sure the advice you receive takes into account the full picture of your particular circumstances – your business, investment income or employment income.

Payroll & VAT

We can manage your entire payroll and ensure that all RTI requirements are met and you don’t fall foul of detailed payroll regulations. We will supply payroll reports and payslips and advice on end of year returns. We can offer assistance on the auto-enrolment for pension contributions. We can assist in the preparation and submission of VAT returns and deal with any enquiries from HMRC. We can advise on becoming VAT registered (or de-registered) and assist in setting up a VAT scheme.

Excel modelling, analysis and KPI reporting

We can offer assistance in designing spreadsheets to help keep track of your business. We can review your business and determine the Key Performance Indicators (KPIs) that will enable you to monitor and track your business performance. Regular review of your KPIs assists in the day to day management of your business and can highlight aspects of your business where improvement is desired. We can provide business forecasting tools that model how your business works and by determining key assumption can be used to budget for the future.

Implementation of computerised accounting systems

We can offer advice on a number of computerised accounting systems and can assist in the setting up of these systems with your business in mind. We can advise on the day to day running of the systems and the monthly / annual procedures to ensure the accounts are accurate and error free.

General business advice

We can advise you on setting up in business and offer advice on business structure – whether to incorporate or not. We can liaise with HMRC to register for PAYE, VAT, and other taxes as required. We can provide training for non-accountants on book-keeping, computerised accounts, spreadsheets or other areas on request. We can review your business and offer advice on maximising your income or reducing costs. We can provide company secretarial support with online filing of Annual Returns, Statutory Accounts and any other forms.