Preparation and submission of year end accounts

We review the key figures in your accounts, including debtors, VAT, fixed assets and HMRC liabilities. This ensures no expenses are missed and the correct allowances are claimed to reduce tax liability. We check you’re not missing out on debt relief, review any after-date expenditure and get the correct HMRC liabilities to avoid penalties or interest. All of this ensures your figures are right, covers you in the extremely unlikely event of an inquiry and makes sure you are fully compliant with any Companies House deadlines.

Calculation and filing of Corporation Tax

We ensure all relevant expenditure is captured, assets are treated correctly, and
tax relief is maximised, making sure you pay the right amount of tax, on time.

Preparation and submission of self-assessment tax return for one director

We ensure the correct income is captured, including non-employment income and anything from outside your primary limited company. We minimise tax by claiming appropriate reliefs and additional expenditure, submit everything on-time to avoid penalties, and give you advance warning of payments on account so you can plan your cash flow.

Payroll for one employee without auto-enrolment

We ensure compliance with HMRC monthly submissions and payroll processing to save time. This is a complex area, so getting it right first time gives you peace of mind.

Annual Return

We ensure compliance with Companies House requirements, hitting crucial filing dates and preventing any fines, your company being struck off or criminal prosecution.

Tax Insurance

You have total peace of mind knowing that even if a HMRC investigation or enquiry does take place (highly unlikely), our fees are covered within this quote up to £100k.

HR and Health and Safety Helpline

Get free access to the Employment Law and Health and Safety helpline. For times when you need a second opinion or simply don’t know the answer, dedicated experts give you all the help you need relating to HR, staff welfare or your health and safety obligations.

Dext and Quickbooks

Get an Annual Licence to Dext and Quickbooks at our wholesale rates,
which are up to 50% lower than direct consumer pricing.

Pre Year-End meeting

This is a great way to ensure proactive effective tax planning and future funding, ensuring you minimise your tax liability. Our team reviews the level of dividends and salary in light of tax rate changes, options on pension contributions and cash flow impact and the timing of capital expenditure planning pre and post year end.

Bookkeeping

We process all your bank payments, receipts and purchase invoices and categorise them for tax purposes to ensure you have an accurate debtors and creditors ledger. This way you can better manage your cash flow, identify what you owe and are owed and refocus your attention back onto your core business. Price vary dependent upon transaction volumes.

VAT returns

We prepare your quarterly VAT returns, ensure on-time submission to HMRC and relay your payment amount and date. This ensures everything is accurate, you aren’t missing out on claiming VAT and avoid any interest and penalties. Prompt submission also ensures you are not subject to any surcharges for missed deadlines.

Quarterly Management Accounts

We provide quarterly management to include profit and loss on your balance sheet. Debtors and creditors receive this electronically, along with bullet-point highlights of the previous quarter. Management accounts take bookkeeping to the next level, including adjustments for costs spanning different periods and allocating revenue from different months correctly to give you a more accurate month-by-month picture. This ensures you can assess your performance more frequently and with greater visibility, making quicker and more informed decisions to enhance your profitability and working capital position.

Finance Director Support

Access high-level strategic financial advice for your biggest decisions.
Many clients don’t need a full time FD or can’t justify the £80k+ salary,
so having an FD on retainer can be the best of both worlds. We help with:

Performance reviews

Highlighting how your business is performing against targets, reviewing monthly costs and margins, analysing revenue by client and service and assessing current staffing capacity.

Hitting sales targets

Breaking down sales targets into number of clients, service lines and period of acquisition will help you understand what is achievable and can drive your marketing strategy.

Pricing reviews

We review your current pricing options and identify ways to make them more attractive to potential clients whilst also generating additional profit for your company.

Staffing, Capacity and Salary review affordability

We review your staffing structure, helping devise a recruitment strategy aligned with your growth strategy. This will identify the sales trigger at which you need to start recruiting, and at what level. The support we offer when reviewing annual salary increases will also help with balancing staff satisfaction with business sustainability.

Challenge and support

We’re here to help with any ideas you have about changing the business and act as a sounding board to understand the benefits and challenges that will present. A quick chat may clarify the financial impact, but often helps to give you both the information and conviction you need to make decisions more quickly and with greater confidence.

Annual Budget

We’re always on-hand to help with hitting targets. This often feels like a quasi-mystical art given the changes we’ve seen over the last three years, but it helps set clear targets in terms of personal income requirements and both sales and profit targets. Planning resources and investment needs to hit these targets can help identify funding requirements or plan for future scenarios when you might not be under such financial pressure.

Incorporation

We can review your current and future plans to see if incorporation is the right path for you, explaining all the benefits, costs, and potential tax savings.

Business Profitability Review

We perform a detailed business review to assess your current profitability and performance. This looks at future growth plans, personal income requirements, capacity and cashflow. The review will give you clarity on where you stand and what actions you need to take to improve current performance and achieve future growth aspirations.

Financial Advisers

The advisers we work with have excellent modelling to look at what income you need when you retire. Working together ensures your business and personal aspirations are aligned.

Unique Tax Situations

Where more complex tax questions arise in relation to inheritance tax, international or other complex matters, we have the right experts to hand. This ensures you are not vulnerable to making errors which can be raised in the future.

R & D Tax Credits

With recent increased attention from HMRC, it is important to have specialist knowledge when submitting an R & D claim. We work with R & D experts to ensure you are claiming the maximum you can without putting your claim at risk.

HR

Our experts can advise on everything from basic contracts and employee handbooks to dealing with disciplinary or grievance matters. Having the right people on hand will ensure you treat your employees in line with legislation and are less vulnerable to future tribunals.