need an accountant?
You don't have to use an accountant, even if you're a limited
company, although limited company accounts have very specific
requirements and can be complicated. If your turnover is over a
certain amount you will need an official Audit by a qualified
Auditor. Our accountancy service will give you peace of mind
knowing your tax returns have been completed properly and that you
have rightfully claimed tax allowance for as many of your costs as
But did you know we can do much more than just fill in your tax
return? We make sure you get the very best information and advice
for your business.
we can do for your business?
Provide pre-start-up business advice
You can speak to us at any time regarding
financial or business planning. However you may find it particularly
useful to consult us before you start as we can provide guidance on
the best structure for your business (sole trader, partnership,
limited liability partnership, limited company) as well as any legal
and tax issues you need to consider.
Give advice on
The way you finance your business has an
important effect on profitability. We can advise you on such things
as whether new capital equipment should be leased or purchased,
whether cash for your business should be raised by issuing more
share capital, taking out a loan or increasing your overdraft, and
how to invest any spare cash, either temporarily or more long term.
Give advice on
running and managing a business
An external, independent, professionally
qualified, and impartial view of your business can be a great help,
especially if youíre a sole trader and donít have any colleagues to
discuss plans or bounce ideas off. We can help you with translating
ideas into plans and can help you with profit forecasts, break even
analysis and cash flow forecasting, and with setting systems in
place to monitor business performance.
Look after the
finances and tax
Good record keeping is an essential requirement
for monitoring the financial health of your business. We can suggest
the most practical way for you to keep your businessí financial
records in order. It is often not necessary to invest in expensive
computer software to keep your records, simple spreadsheets or even
paper based systems are sometimes all that is required.
We can keep your books in order.
Prepare your VAT returns (if youíre
registered for VAT)
Prepare your year-end accounts and calculate how much tax
and National Insurance you owe HMRC.
Give you advice on minimising business tax by
making full and proper use of your allowable expenses.
Handling any enquiries with HMRC over your
tax or VAT on your behalf.
If your business grows quickly or unexpectedly we
will advise you on how to manage the additional financial
requirements so you have adequate stock and working capital to
manage the increased demand. We may also advise you on when and how
to outsource functions you previously managed internally such as
We can also advise you on how to assess the value
when youíre buying or selling all or part of your business and on
the most profitable and tax efficient way to undertake a merger with
Undertake annual audits
If your annual turnover is more than £5.6m,you
are required by law to have a formal audit of your company finances.
If your turnover is significant but below this threshold you might
like to ask us what audit or assurance services we provide, as it
can be beneficial to have a formal independent review of your
business. Our qualified and registered auditors can carry out audits
for a company whose turnover is over the £5.6m threshold.