Accounts preparation

We prepare accounts so you know how your business is performing. We can prepare management accounts on a monthly or quarterly basis, as well as annual financial statements. 

Incorporated businesses need to file annual financial statements with Companies House and to submit these to HMRC alongside their corporation tax return. 

Group reporting

If your company is part of a group of companies, we can prepare consolidated accounts to provide you with an overall view of your group. This can be done regularly as monthly or quarterly management accounts, as well as consolidated annual financial statements.

We can also provide assistance if your company is part of a group of companies, and is required to submit additional reporting into a parent company.

Tax services

We can prepare and file your tax returns for you.

UK businesses exceeding turnover of £85,000 must be registered for VAT, or can register voluntarily if their turnover is less than £85,000. All VAT registered businesses must submit VAT returns to HMRC digitally. Most VAT returns are submitted to HMRC every 3 months, unless your business has opted for monthly returns or is eligible and registered for the annual accounting scheme.

Incorporated businesses are liable to corporation tax on qualifying profits. Corporation tax returns are submitted to HMRC annually and tax is payable 9 months after the accounting period end date.

HMRC requires self-assessment tax returns to be filed annually by 31 January for sole traders, partnerships or high earners. You may also need to file a self-assessment tax return to notify HMRC of any untaxed income or to claim any tax reliefs. 

Book-keeping

It is essential to keep your business records up-to-date to avoid getting into a muddle. We can relieve the burden from you by efficiently processing your customer and supplier invoices, processing bank transactions and performing bank and control account reconciliations.

Payroll

Employees are our most valuable assets. Mismanaged payroll can result in unhappy employees and should be avoided at all costs.

We process your payroll information, provide payslips to your employees and process your RTI submissions to HMRC. 

Other payroll management services offered include submitting CIS and P11d returns, processing your employees' expense claims and holiday record management.

Company secretarial

Companies House needs to be notified of any changes to your incorporated business, including changes to directors,  addresses, shareholdings and Articles of Association.  A confirmation statement needs to be to be filed annually with Companies House, to confirm that the information held remains up to date. We can arrange these filings for you.

Please get in touch to discuss how we can support you and your business.