Statutory Accounts

The preparation of accounts, for internal and external reporting purposes, is one of our core services. This process can start with a bag of invoices and bank statements, or fully reconciled computerised data emailed to our staff.

Although the primary aim of such statutory accounts is to report on the performance and financial position to the stakeholders of a business, we can also advise you on the following other factors:

• The resulting taxation consequences
• The way in which the accounts are presented to bankers, potential investors, credit rating agencies and your competitors

We will ensure that your accounts are prepared in sufficient time to be filed with the relevant Authorities by the statutory filing deadlines, so that no late filing penalties are incurred. When preparing these accounts, we shall be mindful that your tax liability is related to these results and we shall actively seek to save you tax.

Book-Keeping

We offer a complete book-keeping service, using all types of Sage Accounting packages.

We can provide the following services:

• Financial data input for customer and supplier invoices, cheque receipts and payments
• Invoice production
• Supplier payments
• Debtor and Creditor lists
• Debt collection services, using pre-agreed strategies
• Bank and cashflow reconciliation
• Monthly Profit and Loss and Balance Sheet Reports for both management and bank
• Budgets and monthly budget comparisons
• Year-end accounts
• VAT return production and submission

Payroll

Our payroll services are fast, efficient and cost-effective. We are experts in all of the new Inland Revenue legislation.

• Using Sage Payroll packages we can produce:
• Weekly or Monthly payslips
• Calculation and completion of monthly or quarterly payslips to Inland Revenue
• Completion of end-of-year P forms
• Monitoring of staff holidays and sickness
• Accurate deduction or payment of sickness and maternity benefits, student loans and pensions, in line with company schemes
• Summary reports

Management Accounts

We can provide accurate and up-to-date weekly, monthly or quarterly management reporting, allowing you to keep a close eye on the progress and profitability of your business.  Management reports are supplemented with face-to-face meetings to explain the progress of your business in detail and we offer impartial advice on how to maximise your profits going forward, based on the information contained within the reporting.

Incorporation

We offer a full range of support for incorporation. From the earliest advice on what status would be most appropriate for your business, to administrative tasks including completing the correct forms accurately, liaising with Companies House by phone and continuing aftercare when incorporation has been completed. We make the process as quick and efficient as possible, while keeping you continually informed of its progress.