We provide a range of professional services, including:

• audit
• accounts preparation
• book-keeping
• VAT returns
• payroll
• company formation
• business plans and start-ups
• tax returns
• tax investigations

Audit

We audit limited companies and registered charities.

Your company will require an audit if its turnover exceeds £6.5 million a year. A registered charity requires an audit if its income exceeds £500,000 a year. Certain regulated businesses require an audit whatever their turnover.

Accounts preparation

We prepare annual accounts for sole traders, landlords, partnerships, limited companies, and non-profit organisations. The annual accounts may be prepared from books and records maintained by you, or from books that we maintain on your behalf. The accounts are prepared for submission to the tax authorities, and public bodies such as Companies House, as well as for the owners of the business.

The only accounts we do not prepare are those required by clients for whom we have not previously acted, solely for the purpose of obtaining mortgage finance for the purchase of a residential property.

Book-keeping

We prepare books of account from bank statements, invoices and other records, for all types of business. Often we do this on a quarterly basis in order to complete VAT returns.

The work may be done at your premises or ours, and the books may be maintained manually, or, more usually, on computer. We use Sage, TAS, and Quickbooks accounting software.

VAT returns

We can prepare your quarterly VAT returns, either from books maintained by yourself, or from books that we maintain on your behalf.

We can also assist you in registering or deregistering for VAT.

Payroll

We provide a full computerised payroll service, including monthly payslips, preparation of documents for payment of PAYE and national insurance, starters and leavers notifications, year-end Forms P35 and P11D and P14/60.

We also operate payrolls for the Construction Industry Scheme and prepare monthly CIS25 payment advices and submissions.

We are happy to provide payroll services to clients for whom we prepare accounts, but not as a stand-alone service.

Company formation

We are able to assist you in all aspects of company formation and will purchase a company for you with shareholders, directors, and company secretary according to your precise instructions. In this respect, we deal with both UK and offshore companies.

We are able to provide registered office facilities for UK companies if necessary.

We can assist in the opening of the company’s bank account.

Business plans and start-ups

If you are starting in business, it is very important to receive proper advice on the form of business entity which is likely to be most suitable and tax-efficient for you.

It is also important to know what funds you are likely to require to enable the business to function, and what sources of finance, including grants, may be available to you.

We can offer expert advice on these matters and prepare professional business plans for potential lenders and donors.

Tax returns

We prepare personal and business tax returns as a mainstay of our business.

In the course of preparing the returns, we become aware of your financial circumstances and are able to offer tax advice. We will make recommendations where we believe you may be paying tax unnecessarily. We will offer advice on tax consequences of particular actions, and will assist you in legal means of mitigating tax where appropriate.

Tax investigations

You do not have to have done something wrong to find yourself or your business being investigated by the tax authorities. Your name may have been picked by the HMRC computers entirely at random. We have a large number of small businesses on our books and so have experience in this area. Whether or not you are culpable, we will represent you before the tax authorities and will provide professional assistance in an objective manner to ensure, as far as possible, that any resulting tax settlement is fair.

We do not take on tax investigation work where we have not previously acted for you.