Our Service

We are a firm of Chartered Accountants offering accountancy and business consultancy services to owner managed and family owned businesses.

Accounts preparation

• Business accounts for Sole Traders, Partnerships and Limited Companies -for management and taxation purposes, including monthly, quarterly or half-yearly management accounts if appropriate.
• Statutory accounts for limited companies to comply with the Companies Act 1995 and Financial Reporting Standards.
• Pension fund accounts for Small Self-Administered pension schemes.
• Charity accounts.
• Flat management companies.
• Trust and Estate accounts.

 

Audit

Although audit thresholds have been raised and will go up again, audits are still required in some circumstances and for some organisations. We are registered to carry out audit work by the Institute of Chartered Accountants in England and Wales.

Accounting systems

To manage your business you need accounting records that are up to date and give you information you can use. We can advise you on the best accounting system - manual or computerised - for your business and help you set it up. We are familiar with all types of computerised accounting packages and are members of the TAS Partners in Practice scheme.

Business plans and cash flow forecasts

We can help in preparing plans for submission to potential lenders or simply to help you to plan ahead.

Business start-ups

Should you set up a limited company or, maybe a husband and wife partnership? We can help you to decide on the best vehicle for your business and lead you through the formalities, including completing the paperwork to notify the Inland Revenue of your new business, advising you on VAT registration and setting up a PAYE scheme, if appropriate. We can help you with your business bank account, work out any borrowing requirements and put you in touch with a bank manager if you don’t have one.

Book-keeping

If you would rather spend time on what you do best, we can keep your accounting records for you on our in-house computer system (and complete your monthly or quarterly VAT returns). As you grow we can keep your records up to date for you at your own premises. If you prefer to keep your own records (or have someone to keep them for you) but are willing to let us have regular back-ups of your data, we can keep an eye on your business and advise you of any steps which you should be taking to optimise its potential and, of course, minimise your tax liabilities

Payroll service

We provide a full payroll service for weekly or monthly payrolls, including completion of all year end documentation. This is an increasingly complex area, with recent legislation placing more burdens on the employer.

Business and Personal Taxation

We provide a comprehensive tax service, including help with: -

• Tax planning advice (Corporation Tax, Income Tax, Capital Gains Tax and Inheritance Tax)
• Individual Self-Assessment returns
• Partnership returns
• Company returns
• Trust returns
• PAYE and NIC advice, employer’s returns etc.

Company formations and Company Secretarial services

We can help you set up a new limited company and deal with the filing of statutory returns at Companies House on an ongoing basis. We can also provide your company with a registered office address.

Before setting up a Limited Company you should consider carefully whether this is the best thing for your business. We can advise you on the tax implications and the capital structure of the company.