Our aim is to help you build a better business and achieve your goals, as well as providing traditional compliance services like payroll, annual accounts and tax returns. We use modern cloud based systems that save you time and keep things as stress free as possible. They give you the information you need to manage your business and help us provide current advice. For businesses that are growing or need more support, we also provide value-adding services such as business planning, regular management accounts, profitability analysis and project work.
Accounts & tax compliance
We prepare accounts and tax returns for all types of business across a range of industries, including sole traders, partnerships and companies. We will also work with you to make sure that you have the right structure for you and your business. With complex tax legislation and frequent changes to HMRC rules, just staying compliant can be a full-time activity. We are able to provide the help and guidance you need to allow you to concentrate on running your business.
Bookkeeping, VAT & payroll
Good record keeping is essential to running an efficient business but also to making sure you don’t fall foul of the tax man. We understand that running a business can be hectic though, and that your time can be better spent on other things. We can take care of your bookkeeping and prepare your VAT returns, relieving you of the burden and giving you the confidence that it’s right. We will also run your payroll if you need one for a company or have employees.
Management information & reports
Regular management accounts provide you with valuable information on how your business is growing and performing. In addition to profit margins, you can use them to get a better understanding of things like overheads, how long customers take to pay, seasonality of sales and how much dividend you can afford to pay. We can provide quarterly management reports to help you see if you’re on plan and identify where you need to take further action.
Business planning, cash flow & forecasts
A business plan is often needed when you need a loan to show that the business is under control and able to repay it. But it shouldn’t stop there. Putting together a good business plan will also help you define your goals, show what your business will look like, and help you identify risks and actions that you need to take. We can guide you through this process and also help with forecasting profit and cash flow, to give you a clear picture of what to expect.
New business setup, help and advice
Being your own boss can be liberating, exciting and give a real sense of achievement, but it can also be daunting. There are so many things to think about that it’s important to have a clear plan of action and help when you need it. We don’t charge for an initial chat and we give you practical advice to make sure you’re setting off on the right foot. We’ll help you avoid the pitfalls and act as your sounding board, to make sure your new venture has the best chance of success.
Support with driving profitability
A successful business understands which of its customers, products and services are most profitable and which aren’t. There’s more to this than looking at the P&L each month, or comparing it to a budget. A detailed analysis can provide useful insight to help the business improve as it grows. We can undertake a one-off project or tailor a system for ongoing profitability analysis to help you get behind your numbers.