Accounts Preparation – Comprehensive accounts preparation services
Statutory, Year-end and periodic Management Accounts for all businesses including Limited Companies, Partnerships and Sole Traders. Our aim is not just to prepare financial statements to comply with statutory and tax requirements but to provide clients with a set of trading figures that actually mean something to you as the business owner. Figures that assist you in identifying not only what is working but perhaps what is not working for the business. Accounts should be meaningful and prepared in a time frame that allows your business to be not only pro-active but responsive to the ever-changing business world. If you receive accounts and don’t understand what they mean, we have not fulfilled our mission statement. No question is silly when it is in connection with your business. Our floor is always open for questions.
Business Advice Services
Have a business idea? We can take you through the business set up process from the inception of your idea to your first day of trading. We will advise on the most suitable structure for your business, record keeping requirements, business plans and projections for the purpose of obtaining government or bank funding and take care of all the necessary registration processes leaving you to take care of your new business baby. Thinking of buying a business or selling your business? Let us have a look at the financial accounts of the business you are considering and we will provide an opinion on the profitability and viability of this business and its suitability to you. Together with your legal team we can be on hand throughout the whole purchase process to act as a trusted adviser. Selling your business? – whilst we would be sad to see you go, we will work hard with you to value your business for sale and advise you on the tax consequences of selling your business.
We like to know your 3-5-year plan for your business so that together we can work towards your exit and have a strategy that ensures you exit in the most tax efficient way as possible.
The mandatory requirements of Making Tax Digital for VAT registered businesses can put added pressure on business owners. We are delighted to partner with Sage and can provide you with a licence for Sage Business Cloud which is a fantastic digital financial record keeping system which gives real time management information at your fingertips. Talk to us today above increasing the effectiveness of your financial records with Sage Business Cloud. Of course, we can work and advise on other digital software providers on the market.
We can assist you, or prepare for you, financial projections consisting of projected profit and loss, balance sheet and cashflow. We can provide assistance in grant applications and help you with any funding applications whether to government, bank or private funders.
Our payroll team will calculate and process you and your staff’s wages/salaries. We will take care of the full payroll function for your business to include; submission of RTI reports to HMRC, provide your staff with payslips, P45, P60 and we will take care of Auto enrolment pension deductions from staff’s salaries.
Corporation Tax Services
Many, if not most, business decisions are tax driven. We can advise on all areas of Corporation Tax planning and efficiency whilst ensuring compliance. As part of our accounts production service we will perform all Corporation Tax calculations and CT600 submission. We will also advise on Capital Allowances available to your business and happy to discuss this before you make any asset purchases for your business.
Personal Tax Services
Income Tax advice for sole traders and partnerships to ensure you are not paying too much tax on your business profits. Preparation of self-assessment tax returns as soon as possible following 5th April so that you are fully aware of your tax liabilities and can plan for their due dates of 31st January and July.
Companies House Secretarial Services
We are happy to advise and either perform or assist you with your statutory requirements under the Companies Act in all submissions to Companies House. We can submit all the necessary forms to Companies House on your behalf starting with the annual Confirmation Statement.