Personalised accounting services for limited companies, businesses, sole traders, subcontractors and individuals.
 


Business Start-up


There's more to consider than just buying a cheap readymade company on the internet!

We can assist you with company formations for...

  • An off the shelf ready made company;
  • A tailor made company;
  • Limited Liability Partnership;
  • PLC formation;


For urgent requests we can also arrange same day formations. Our Company formation packages can include...

  • Appointment of directors;
  • Appointment of company secretary;
  • Issue of subscriber shares;
  • Registered office services;
  • Completion of all necessary minutes and resolutions;
  • Assistance in opening a bank account;
  • Company registration for Corporation Tax;
  • Set up of Company PAYE scheme;
  • Book-keeping set-up advice;

Company Secretarial


We can give you complete peace of mind in this area by carrying out your company secretarial duties for you.

We provide:

Fixed Fee Annual Statutory Package:

  • Holding and maintaining the Statutory Register and Company Seal.
  • Providing the documentation for standard notice, consent to Short Notice, Board Minutes, general meetings Minutes for approving accounts or alternatively to provide Elective Resolutions (where the Company does not wish to hold Annual General Meetings).
  • Notifying the company of the due date for the filing of the annual accounts.
  • Filing forms for the change of Director/Secretary/Registered Office.
  • Undertaking the allotment/transfer of shares.
  • Filing the form for the change of the Accounting Reference Date.
  • Filing and checking of the company’s Annual Return (the filing fee is not included in the service).


Registered Office:

  • Re-addressing and posting all official mail received at this office addressed to the company on the working day of receipt.
  • Notifying you of any personal enquiry made at this office in respect of the company.



Dormant Company Statutory Package:

  • Preparing and filing the company’s dormant accounts made up to the company’s accounting reference date in the year for which the service is provided.
  • Filing and checking of the company’s Annual Return (the filing fee is not included in the service).
  • Preparing minutes of the Directors and Shareholders’ meetings required to approve the accounts.
  • Filing the necessary accounts and tax documents with the HM Revenue & Customs pertaining to the accounts.

Bookkeeping


All businesses are required to keep accurate records for both taxation and VAT (Value Added Tax) purposes. There are two useful byproducts of bookkeeping:

  • The information can be used to control the finances of your business
  • The accounts that need to be produced in order to calculate your tax liability, can be completed in a more efficient way, thus saving on your accountancy charges.


With our experience we can take this laborious bookkeeping task away from you provided that you can supply the basic information.

If you still want to retain control of your bookkeeping then we can help to put in place a system that you feel comfortable with, satisfies HM Customs & Excise and we can use to prepare your annual accounts and, if you wish, regular management accounts.

Let us take away this book keeping hassle which causes many businesses concern and stress each year.

We offer fixed competitive fees, payable monthly so that you can spread your costs of book keeping.


VAT Returns


How to get VAT Registered and what to consider. Should I be VAT registered? The quick answer is yes, if your business services or sales are taxable your turnover (sales) exceeds the statutory registration limit.

Can I register voluntarily for VAT?

Again the answer is yes you can – even if your turnover is below the statutory registration limit.

It can be advantageous for you to register voluntarily if:

  • The nature of your trade means that your costs or purchases include VAT.
  • Most of your customers are VAT registered and can claim back the VAT that you will need to add to your sales.
  • Your supplies are mainly zero rated for VAT purposes.


If the answer to the above questions is no then it may be better to delay registration until you have to.

Our Advice regarding VAT Registration Issues:

  • Never add VAT to your sales invoices UNLESS you are registered – to do so is a criminal offence!
  • Avoid delay if you do need to register otherwise you will incur needless penalties and interest charges, as well as having to pay over VAT which you may not be able to recover from customers.

Special Schemes

Most registered traders simply add VAT, where appropriate, to their sales and pay this over to HMRC, less any VAT input tax paid to suppliers, on a quarterly basis.

For small businesses this can cause cash flow problems. You may have to pay over VAT added to sales invoices that is still not paid by your customers.

To help with this problem HMRC have created a number of “Special Schemes”.

Please visit our basics of tax section and select VAT for more details.


Payroll


More and more companies recognise the savings that can be made in outsourcing their payroll function. This can be both cost effective and a way of ensuring confidentiality.

Let us take the strain away from you and let you get on with running and growing the business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes.

We run payrolls on time and can provide a tailor made service for your business including...

  • Employee payslip's;
  • Monthly summaries;
  • Departmental reports;
  • Dealing with leavers and starters;
  • Provision of analysis of staff costs;
  • PAYE returns for the Revenue;
  • Assistance with automated payment set-up to your employees;
  • CIS returns completed by us.
  • You will never have to worry about calculating statutory sick pay or maternity pay and dealing with tax credits and student loan deductions ever again!


And at year end...

  • Employer Annual Return P35;
  • Employee summary P60's and P14's;
  • P11D and P9D benefit and expenses returns.

Management Accounts


Up to date, relevant and quickly produced management information allows you to make the right decisions.

Our management accounts and information services include...

  • Monthly or quarterly management accounts;
  • Reporting of key performance indicators that are the underlying drivers that run your business;
  • Help with in house systems for you to produce your own information;
  • Training on how to get the most out of your information;
  • Supplying management information to lenders;
  • Branch/Divisional results;
  • Actual performance compared to budget and/or comparative periods;
  • Costing information, including break-even turnover levels.

Year End Accounts


As your business grows then your bookkeeping and accounts grows with it. From your books and records we will prepare your annual accounts (or year end accounts) that will form the basis of your self assessment tax return, whether you are a sole trader, partnership or limited company.

They will also be invaluable for providing information about your business to financial institutions for example for mortgage applications. We will advise you on ways to strengthen your record keeping that will assist you in meeting your statutory obligations such as VAT and tax returns and managing your affairs.

We can...

  • Prepare accounts to help in completion of self-assessment tax returns.
  • Produce financial statements for filing at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.


Accounts are prepared to agreed timescale's and deadlines.

But we can do more than just report the history of what's already happened...

  • Identify areas where we can assist in minimising your tax liability;
  • Identify areas of the business that give you the most opportunity to make improvements;
  • Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.


Tax Returns


Tax Returns can be completed for...

  • Individuals and sole traders;
  • Partnerships;
  • Limited Companies.


The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It's important that...

  • Returns are correctly completed;
  • They are filed on time;
  • All backup records are retained for the appropriate period of time.


As well as the completion of your return we can assist with...

  • Advice on your tax liabilities;
  • Negotiating with the Collector if necessary;
  • Identifying suitable tax planning opportunities;
  • Completing all the necessary tax computations;
  • Dealing with all correspondence from HMRC, taking the worry away from you.