services tailored to your business needs
Outsourced Bookkeeping and Accounting services
company Secretarial
Starting a business is an exciting time. Looking forward to bring your ideas into life and live the dream?
In order to do that you need to formally set up your business.
Register as a sole trader, a partnership or a limited company can be a daunting task, I can take care of that for you.
Bookkeeping: daily, weekly or monthly
Keeping on top of your bookkeeping can be a burden and not everyone likes to spend their time making sure everything is in order, especially when you are trying to run a profitable business. Bookkeeping is our speciality.
Year-end accounts preparation for sole traders, partnerships and small/micro businesses
Every business from sole trader to limited companies have to submit their accounts to HMRC and/or Companies house to declare their business financial activities.
Credit Control (management of Payables and Receivables)
Making sure you customers pay you on time, so you have money to pay your suppliers can be a daunting task. I offer this service as an option to bookkeeping service.
Reporting: Profit & Loss, Balance Sheet, Cashflow forecasts
Knowing where your business is spending money and where savings can be made can be vital to profitability and available cash within your business.
Reporting will show you overall health of your business.
Vat Returns (from registration to submission)
If your business’ turnover is more than £85,000 you should be registered for VAT and make submissions to HMRC either monthly or quarterly, depending on VAT scheme you are enrolled on. You can also make voluntary registration if you mostly purchase goods or services from other VAT registered businesses. If your customers are VAT registered businesses, they will be able to reclaim the VAT from HMRC so your prices will still be competitive.
Management Accounts (monthly, quarterly, yearly)
Management accounts are prepared to show you overall health of your business. Reports will help you in budgeting, you can see how your business is performing, where you could be making changes, what areas you should be focusing on and help you maximise your profits.
Payroll (weekly, bi-weekly and monthly)
As an employer who employees staff, you normally have to operate PAYE as part of your payroll. PAYE is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance at source from employment.
Software advice and training
It is a perfect time learn bookkeeping software to prepare you for Making Tax Digital where every business, no matter how small, will have to keep digital records and submit them electronically to HMRC. I can offer advice and training on user friendly software that will help and your business.