Our Services
We tailor our services to meet you current business requirements, but our relationship has to work both ways
A Personal &
Efficient Accountancy Service
In order for us to offer our best service levels to our clients we do have some conditions attached to working with us:
1
We are Xero experts. You must be using, or prepared to switch to, Xero accounting software
2
We work primarily with Limited companies, if you are a sole trader or partnership you must be open to considering a Limited company set up if it is the correct course of action
3
We make the most of the technology available. You must be prepared to work with us in uploading information electronically and via apps to ensure we can work efficiently with you. I’m afraid we don’t like carrier bags and shoe boxes full of receipts.
4
Xero, unfortunately, is not great on stock control. If you buy and sell products you must already have a stock control system in place.
5
We don’t like chasing overdue invoices. You must be prepared to pay our monthly fees by Direct Debit.
6
We are here to help you succeed. You must want an open and trusting partnership with your accountant.
7
Our monthly fees are based on services required and the size and volume of transactions in your business. A full detailed proposal will be produced following a discovery call and you will never be charged a penny extra unless agreed with you in advance.
Services we Provide:
- Bookkeeping using Dext and Xero
- Payroll and Auto-enrolment, including automated payments
- VAT Returns
- Management Accounts
- Year End Accounts
- Forecasting and Cashflows
- Corporation Tax Returns
- Personal Tax Returns for Directors
- Tax Planning and Advice
- R&D Claims
- Company Formations
- HMRC Registrations
- Company Secretarial work
- Company Structures and Planning Advice
- Business Valuations
Software
The foundation to a good set of accounts is good software – We believe in most circumstances, Xero will be the best solution for our clients, so we always include Xero as part of our packages.
Bookkeeping using Dext and Xero
Bookkeeping is often of underestimated importance. Accurate and timely bookkeeping enables us as advisers to provide you with accurate financial information throughout the year. We can assist with your bookkeeping by providing assistance either from our own in-house experts, or by working with your own experienced bookkeeper or staff, to ensure a high standard. Our bookkeeping services can include processing invoices, posting bank transactions, running payroll and completing VAT returns.
Management Accounts
By producing regular management accounts you will ensure that your business growth is managed and controlled, enabling you to monitor key performance indicators, manage cash flow and control debt. In recent years management accounts have become even more vital to small businesses as banks and other institutions will insist on up to date figures before considering any funding requirements.
As well as producing your management accounts we will help you interpret the information and assist in improving profits and cash balances. The Xero system enables production of professional management accounts which can be customised to your requirements to include specific account analysis and key performance indicators so that exceptional items can be highlighted and explained. We will work with you to tailor and recommend the format of accounts that will benefit your business most.
Annual Accounts and Tax Returns
Because we get involved at an early stage we are able to produce your year end accounts and tax returns speedily and efficiently following your year end. If you have taken one of our Management Accounts Packages we will provide regular estimates of your end of year tax bill, so there should be no nasty surprises. Completing your accounts promptly also means you have plenty of time to plan your tax liabilities into your cashflow.
As we are monitoring your figures regularly we are able to advise on arranging your affairs and transactions in a tax efficient manner, enabling you to keep more of your profits to reinvest in your business or to increase your own personal income.
Support
We know most clients do not phone their accountants for fun! If you need our advice or support we want you to pick up the phone or e-mail, so all of our packages include unlimited support, you will never be charged a penny extra for this.
Other Services
Of course we also offer all of the other services you will get from a typical accountant for your less day-to-day requirements including company formations, budgets and cashflow forecasts, assisting with sourcing finance, personal tax planning and business acquisition and disposal
