Business Planning
With more than 20 years’ experience running and advising small businesses of all shapes and sizes, we’re in an ideal position to provide guidance and advice to your company. Whether you’re starting out or scaling up, we can give you the support you need to meet your goals. We can help with:
- Setting objectives
- Writing business plans
- Creating strategy documents
- Budgeting & Cashflow
- Grants & Funding
Tax Planning & Advice
As tax-planning professionals, we’re committed to making sure you pay the right amount of tax. From advising on the ideal structure of your business, to the best way to pay yourself, we’ll make sure you keep as much of your hard-earned income as possible. With effective tax planning you can:
- Maximise your tax deductions
- Invest profits in making and saving money
- Apply for Research & Development Tax Credits
- Enhance tax relief
- Reach your personal and financial objectives
Financial Performance Review
Distilling all of your business’s financial data into one concise document can be a lengthy process, especially if it’s not your area of expertise. As small business experts, we can create reliable financial performance reports, so you can monitor how your business is doing and take appropriate action. We provide:
- Weekly, monthly or annual reviews
- In-depth analysis
- Easy-to-digest reports
- Guidance on next steps
Self Assessments & Partnership Tax Returns
Tax returns are one of those things that most people dread. To make life easier, we’ll complete and file your tax return correctly and on time; we’ll identify which expenses can be offset against tax and calculate what you owe. All you have to do is follow our straightforward instructions. We will:
- Create a checklist of required documents
- Prepare your tax return, so you can approve it online
- File your tax return with HMRC
- Ensure your tax payments are up to date
- Explore whether payments-on-account could be reduced
- Identify if your National Insurance category is correct
Year-End Accounts
If you’re running a limited company, you will need to send a variety of different documents to HMRC and Companies House at the end of your accounting year. Having worked with a multitude of small businesses, we’ll make sure your accounts are completed accurately and on time. We can:
- Remind you about deadlines
- File accounts within six weeks of receiving the relevant information
- File the limited short accounts with Companies House
- File accounts with HMRC (if required)
- Explain what the figures mean to you and your business
- Advise on improvements that may make your business more profitable
Your Own Finance Director
Think of us as your very own finance department. Using XERO, QuickBooks Online, Receipt Bank and Futrli, we’ll manage the entire process, making accountancy painless. All you need to do is raise your invoices and pay your bills. Services include:
- Bookkeeping, bank reconciliations & inputting purchase invoices
- Sending management accounts
- Regular review meetings
- Budgeting & Forecasting cashflow
- Providing relevant advice and guidance
Payroll Advice, Filing & Services
Time-consuming, complicated and often boring, payroll is an area of business wrapped up in red tape. We can take that all of that stress off your hands, so you can focus on supporting your staff and making your business a great place to work. We are experts in:
- Setting up the payroll process
- Emailing payslips to your staff
- Arranging payments from your account
- Managing monthly summaries
- Reporting leavers and new starters to HMRC
- Advising on employee benefits and bonus schemes
Filing Documents At Companies House
As a director of a limited company, you will have to send several different documents to Companies House over the course of the financial year. To help ease the administrative pressure, we can file those documents for you, including:
- Maintaining the company’s and directors’ details
- Filing the annual Confirmation Statements
- Updating shareholders and the purpose of the shares (as necessary)
- Filing shortened annual accounts
Workplace Pensions & Auto-Enrolment
If you run a business with at least one eligible member of staff, you are obliged to offer a workplace pension scheme. Your employees are automatically enrolled into the scheme unless they opt out. We can provide support with:
- Identifying a suitable auto-enrolment scheme
- Getting set up
- Managing monthly payments
- Reviewing the scheme
Vat Advice & Preparation
VAT is a complicated subject; there’s lots to consider and lots to get wrong. As experts in this area, we’ll advise you on the best VAT scheme for your business, help keep your VAT bills down and manage your returns. Our VAT services include:
- Advising on VAT registration
- Reviewing available VAT schemes
- Completing VAT returns
- Handling any complex VAT matters that may arise
Accounting Software For Your Business
Whether its XERO, FreeAgent, QuickBooks Online or Futrli, we are certified users of a wide range of cloud-based bookkeeping products. Using these services, you can see the performance of your business at a glance, so you always know what’s happening. We’ll help you to:
- Set up online dashboards
- Customise the user experience
- Provide ongoing user support
- Migrate historical data
Monthly Or Quarterly Bookkeeping
We remove the hassle of bookkeeping by streamlining the whole process. Depending on the services you need, we will either manage your books monthly or quarterly. Whether you want to make sure you have up-to-date figures, or for us to prepare monthly/quarterly accounts, our bookkeeping services include:
- Tracking expenses & Receipts
- Maintaining quality control
- Advising on processes
- Monitoring asset depreciation
Automated Receipt Bookkeeping
Thanks to modern technology, managing your expenses has never been easier. Using the Dext app, you can take photos of your receipts and upload them straight to your online account, simplifying your expenses procedure. We provide support with:
- Getting set up
- Managing the process
- Syncing with your accounting software
- Advising on taxable expenses