Our comprehensive range of financial and business support services and ongoing strategic advice has helped many of our clients to grow and develop their businesses over the years.
Our aim is to provide a professional, personal, effective solution to all of your day-to-day accounting, auditing and taxation needs. We use our expertise to complete this work quickly and accurately, and our experience to explore opportunities and identify potential problems before they arise.
Accounts
Accounts preparation is a core part of our business and we make every effort to meet your needs promptly and efficiently. Our services include:
accounts for partnerships and sole traders;
statutory accounts for Limited Companies to comply with Companies Act requirements;
management accounts, monthly or quarterly as required; and
budgets and cash flow forecasts.
Audit
Many limited companies and other entities are required by law to have their accounts audited. We are Registered Auditors and have experience in a wide range of businesses, mainly family-owned companies.
Our audit services aim to provide you with confidence in the accuracy of your financial statements, and assurance as to the efficiency and effectiveness of your accounting procedures and internal controls.
We also perform a range of specialist audits in the following areas:-
Charities
Financial Services
Solicitors Client Money
Business and Corporate Tax
We relieve you of the administrative burden of complying with tax legislation and help you minimise your tax payments. We deal with all business tax matters, including preparing income and / or corporation tax computations and preparing and submitting the relevant self-assessment returns and advising you of the tax payable and due dates.
Personal Tax
A key service we offer to clients is in the area of taxation planning, aimed at minimising your future tax liabilities. In addition to providing the normal routine completion and on-line filing of Self Assessment Returns, we can offer advice on: Inheritance Tax, Capital Gains Tax, Benefits in Kind, Employee Pay Schemes and the use of Trusts.
Bookkeeping
Our bookkeeping department takes the strain out of routine accounting, allowing you to concentrate on your business. By using our bookkeeping service, you can offload all the hassle of managing your financial records.
Alternatively we can fine-tune your own records, either at your own offices or ours, to enable you to produce your own management information.
VAT
VAT (Value Added Tax) is one of the most complex taxes imposed on business and one that many businesses inadvertently overpay or underpay. With a constant stream of detailed changes to the regulations, businesses can find it difficult to ensure they comply.
We provide a cost effective VAT service and work with a wide variety of businesses, providing varying levels of support from general advice to VAT return completion. We have helped many of our clients to reduce VAT assessments and minimise their VAT liabilities.
Payroll
Our dedicated payroll department can provide weekly or monthly payroll services, dealing with PAYE, NIC, Statutory Sick Pay, Statutory Maternity Pay, Student Loans and agricultural wages board pay rates.
Also the on-line filing of all end of year payroll returns with H M Revenue and Customs, whether or not we have prepared your payroll records throughout the year.
IT Advice
We can help you to decide on the best accountancy and payroll package to suit your business and assist you with the successful transfer from your manual system. We can help to ensure the new computerised records produce financial information that is accurate and appropriate for running your business effectively, saving you time and assisting with the end of year records.
Company Secretarial
We have experience in company incorporation, compliance and administration, and can provide a valuable company secretarial service. We can help you to comply with your statutory obligations under the Companies Act and ensure you avoid any penalties for late filing of annual returns, accounts and other documents.
Business Start-up
Most people who start up in business do so because they have a good business proposition. We can help by evaluating your ideas and helping you develop them into a viable business.
We will help you:
decide on the most suitable structure for your business (i.e. sole trader, partnership, limited liability partnership or limited company);
set up an internal accounting system;
advise you on your tax, national insurance and VAT obligations;
carry out registration procedures with Companies House and H M Revenue & Customs; and
prepare a business plan, cash flow projections, budgets and trading forecasts if required.
Estate Planning
We offer a full review of your IHT and estate position with a view to minimising the overall Inheritance Tax liability. We will ensure that you make the best use of all of the available IHT reliefs and allowances.
H M Revenue & Customs Investigations
Being the subject of a tax investigation by the H M Revenue & Customs can be a stressful and worrying experience. Since the onset of personal and corporate self-assessment, HMRC staff can now review cases on a ‘sample basis’: consequently your business or personal return may be selected for investigation at some stage. We have the relevant experience to help you deal with the enquiry.