Accountancy Services
Undertaking and submitting regulatory reporting and returns. We ensure we assist our clients in understanding the regulatory framework in which they operate. We can assist where required speaking on behalf of our clients with third parties.
We do not just undertake book-keeping entry of data so that it adheres to the minimum legal requirements. We believe in adding value so that your financial data is entered into software in order that it can produce useful statistical information on the profitability of your business. This enables you to make short and long-term strategic decisions on the direction of your business which is essential for its growth. We can calculate and work with you to understand:
- Product costing and valuation
- Product costing deals
- Determining the total costs involved in production
- Understanding margins and variances
- Cash flow analysis and forecasting
- Inventory turnover analysis
- Constraint analysis
- Project accounting
We can produce management accounting packs either monthly or quarterly, half yearly in addition to year end accounts required for reporting/tax filing purposes. We can also compare actual figures to budget and analyse any variances.
We can understand your needs and help you set up your accounting records on a variety of cloud-based software. Alternatively, we can add your data to our own company software. We and yourselves will be able to access your data and we can agree on the timing of input. We use the major types of software SAGE, Xero, QuickBooks.
VATWe can advise when to register and deregister and which VAT scheme may be appropriate. Our software enables you to be compliant with making tax digital. We can calculate your VAT return figures and ensure that submissions to HMRC are made in time via software. We can assist you in dealing with any investigations and in liaising with HMRC.
We can assist in processing your information in conjunction with yourselves for your self-Assessment tax return. Ensuring that it is submitted on time and advise on the tax to be paid.
PayrollWe can run your payroll using software and can make real time information submissions on your behalf on the appropriate day. We also can set up an auto enrolment pension scheme on your behalf and ensure that you are compliant with your employer pension obligations. We can produce wage slips and email to employees, P60’s and P11Ds.
We can input this data on your behalf., ensuring the documents are correct and carry out activities to chase customers for payment.
BookkeepingIf you have almost no time to deal with paperwork at any level, we can offer a bookkeeping service whereby we will process the data for a few hours each week or month. We can keep this cost effective and there are benefits in terms of time taken to then prepare your accounts and tax returns.
For self-assessment tax returns, company or partnership accounts or VAT returns, it is necessary to process your data. At the simplest level this involves recording your bank and cash transactions and your sales and purchase invoices. We can do this quickly and efficiently in an organised manner liaising with you to set up the best method for you.
We require you retain all your source documents, and we can then work with them as appropriate.
We can assist in writing and producing the financial information required to submit R&D Grants to the HMRC. We can liaise with the HMRC on your behalf. We can undertake this work for a percentage of the R&D Grant on a no win no fee basis.
FinancialWe partner with financial services companies to provide advice on investments and pensions.
Registered in England | Company Number: 12147502