Our Services
Accounting & Tax
- Annual Accounts, Tax, and VAT (& MTD), Self-assessment services, etc.
- Accounting is about more than satisfying the tax man (although we do that too!).
Business Advisory
- Including cash flow, management accounts, budgeting, benchmarking, etc.
- We help you to understand the performance of your charity or business, enabling you to make informed decisions.
Tax Planning
- Why pay more tax than you are legally obliged to do?
- We help you to identify the many reliefs and provisions that you can apply to ensure you pay the right amount of tax, and not more!
Accounting & Tax
- Annual Accounts, Tax, and VAT (& MTD), Self-assessment services, etc.
- Accounting is about more than satisfying the tax man (although we do that too!).
Business Advisory
- Including cash flow, management accounts, budgeting, benchmarking, etc.
- We help you to understand the performance of your charity or business, enabling you to make informed decisions.
Tax Planning
Why pay more tax than you are legally obliged to do?
We help you to identify the many reliefs and provisions that you can apply to ensure you pay the right amount of tax, & not more!
You may feel you can keep on top of your own management accounts (because you are USING an accounting software like Quickbooks) and just require annual accounts production, or you may want to sign up for one of our more comprehensive packages where we produce and analyse regular reporting for you and your management team.
Independent examination
Are your Year End Accounts due? is your gross income above £25K but below £1M, and gross assets £3.26M or less? If yes, Trustees or Directors can choose to have an Independent Examination instead of an audit. We are experienced Charity Accountants and Independent Examiners for small & mid-size Charities and Churches.
Year-end accounts
We can prepare your full statutory accounts in accordance with all relevant legislation and accounting standards. We recognise that your accounts play an important role in communicating what you do. We will help you to present your financial information in the best way possible, maximising your fundraising potential and making sure that the story behind the numbers are understood.
Bookkeeping
Outsourced bookkeeping provides the peace of mind that your accounts are accurate and up to date. You will also benefit from regular financial information and analysis to help you make better decisions. We offer flexible and bespoke bookkeeping solutions. Whether you want to outsource everything or just access a bit of ad hoc support, we can create a solution that works for you. We use the latest cloud-based accounting technology for you.
Payroll & Auto-Enrolment
We also provide fully outsourced payroll services, saving you time, money, and the stress of keeping up to date with HMRC regulations. We can also set your Auto-enrolment pensions up with providers and administer them for you.
Services
Through extensive experience and broad expertise, we always offer the highest quality and exceptional services.
Charities need to maintain public trust and confidence. We support charities in carrying out the independent examination of their accounts.
Whether you receive membership fees, receive donations in Church, or raise funds through events, etc. the government allows you to make that extra claim of funds from it, called gift aid.
We are available to perform this service for you.
Meticulous bookkeeping allows you to spot trends, understand your spending and examine which practices generate the largest ROI (Return on Investment). You can then leverage this data to improve the financial health of your organisation and manage your cash flow. Staying on top of the books allows you to stay one step ahead and put out fires before they start.
As we now live in a digital age, it is important to harness the use of technology. Cloud-based bookkeeping software is a cost-effective solution that can save you many man-hours.
We provide either of two services in this area:
- Training you in using Intuit Quickbooks, one of the major bookkeeping packages used by myriads of Charities and businesses.
OR - Supporting you with the bookkeeping duties of your organisation.
The beauty of cloud accounting systems is you can outsource as much or as little as you like.
- Whether it is to:
Process your payroll and generate payslips.
OR - Set up and apply statutory payments and workplace pension.
OR - Pay and manage payroll liabilities, and help you get ready for year-end.
OR - Make RTI (Real Time Information) returns to HMRC, or to handle queries raised by HMRC
We will support you.
We also help with claiming relevant grants such as grants to pay members of staff that are on furlough.
What is Making Tax Digital? (MTD)
- MTD is a government initiative to modernize the HMRC tax system
- The aim is to make the whole tax process simpler and more efficient
- Pay tax based on business activity
- Upload and update tax account in real time
- Cload based accounting software
Annual Accounts
We prepare and submit annual accounts for companies not requiring an audit.
Your company may qualify for an audit exemption if it has at least 2 of the following:
- an annual turnover of no more than £6.5 million
- assets worth no more than £3.26 million
- 50 or fewer employees on average
The annual accounts provide valuable information about your company and could be particularly useful for raising finance. It also forms a basis of preparing your self-assessment tax returns if you are a sole-trader.
The annual accounts are required by owners of the company (shareholders- if incorporated) and various bodies like Companies House and HMRC.
We prepare your accounts in accordance with accounting standards and we also check that you are claiming everything you are entitled to.
If you are a sole trader, a limited company, partnership, or Charity let us prepare your annual accounts for you, and file with HMRC, Companies House or the Charity Commission as need be. We also provide the following services to limited companies
