Business Services

Our bookkeeping service is tailored to your needs and can range from data entry right through to preparing and sending out invoices, and even chasing your customers for payment.

Posting Purchase Invoices

We’ll set up an accounts@email and you can arrange for all of your suppliers to send their invoices there. We’ll login regularly and post those invoices into your accounting system so your payables list is always up to date and we’re ensuring up to date reporting.

Bank Reconciliation

In order to ensure you have up to date lists of receivables and payables, and up to date financial reporting, we’ll login to your accounting system regularly and reconcile the bank transactions so you can rely on the accuracy of the information.

We’ll undertake a review every six months to ensure you are getting just what you need from your bookkeeping service.

We have many years experience in helping small businesses navigate from start-up to success, so we understand the challenges you’ll likely be facing at key milestones. However, we also recognise that every business is different, so what YOU want to achieve is always front of mind, ensuring that the advice we provide supports your end goal.

The information required includes details about the directors and company secretary - if you have one appointed - the registered office, share capital and shareholdings. Your company information will be checked, confirmed with you and the appropriate form filed with Companies House within the deadline.

Registered Office

All companies must have a registered office address. This address is made available on the public register and certain information (e.g. financial statements) should be held there with the facilities for inspection upon request.

By enrolling onto this service, you’ll be able to keep your private address off public record (using ours instead), have your official letters dealt with immediately, any other correspondence forwarded to you the same day and you’ll also have your company name displayed at the entrance to the building.

Our payroll service is tailored to the size and needs of your business and will guarantee that you are protected from continually changing Government legislation. We will also advise on opportunities to reduce your PAYE bill.

All your P11D payroll and CIS queries can be handled by your Client Manager too, and you’ll be kept informed regularly of the changes that are relevant to you as an individual and as an employer or contractor.

So, wave goodbye to form filling, software updates, legislative changes and dealing with difficult questions from your employees, subcontractors or HMRC. This service will remove this administrative burden, freeing you up to focus on business growth.

Management Accounts and Review Meetings

Management accounts are prepared for internal use, as opposed to the accounts which are needed for HMRC and Companies House, which means the format and frequency of them can be tailored to your specific needs.

We will work with you to define the Key Performance Indicators that underpin the success of your business. These will be a combination of financial and non-financial measures. We'll put these into a separate report each period (decided by you) and provide our analysis of the results, working with you to improve the results over time. These reports will highlight whether you’re making a profit, you’ll be able to understand where that profit is coming from and see if it has increased or declined, providing insight into the current financial health of your business and informing your action plan.

We’ll host face-to-face meeting to address anything you want to discuss with us, as your professional advisers, and highlight anything that we have identified as areas that will benefit from closer attention, guided by the reports presented in the meeting.

Budgets & Forecasts

Every business should have a three year financial budget to outline where it’s heading. This gives direction to the board and the entire team as to what the business is trying to achieve so you are all working in sync. We’ll create, manage and update a rolling 12-month three-way forecast of profit and loss, cashflow and the balance sheet so you always know what the future financial performance and position of the business looks like, based on what we already know today through committed sales and costs. This service is about bringing the future into the present so you can act upon the knowledge gleaned.

Our team can work with you to turn your business dreams into reality. Using a highly structured process, we help you probe, identify and create breakthrough strategies to dramatically improve your sales, profits and prospects.  

Together, we will address the issues most pertinent to the success of your business, covering areas such as:

• How to set and achieve your personal and business goals
• How to identify and tackle the major challenges facing your business
• How to sell your products and services for what they are really worth
• How to win more customers, and earn more money from them
• How to develop sales systems that minimise your advertising costs

And, above all, how you can build a more profitable business that is worth much more when you come to sell or retire, giving you the time and money you need to enjoy all of the other non-business things that are important to you.

• Assessing employees every pay reference period (e.g. monthly and/or weekly)
• Automatically joining employees to the pension scheme and paying an employer contribution
• Facilitating instructions from employees who wish to opt-out of the pension scheme
• Providing a route for employees to opt-in to the pension scheme
• Re-enrolling employees who have chosen to opt-out of the pension scheme every 3 years
• Filing your pension reports with your pension provider
  

We can manage all of this on your behalf, reducing your paperwork and ensuring that your company fulfils its duties.

Our credit control offering includes:

• Sending correspondence
• Weekly calls
• Follow-up letters
• Keeping the pressure on until the invoice is paid

We can relieve you of the pressure, allowing you additional time to look at how you can use your newly increased cashflow to benefit your business.