"Your Business Is Our Business"
ACCOUNTING SUPPORT
Startups
Ready, set, Go!
Sole Traders
Keeping it Simple
Startup guidance
Registering with HMRC
Bookkeeping
Tax Returns
Ltd Companies
Growing Business
Payroll
VAT
QuickBooks / Xero
Year-end Accounts
Management Accounts
WHAT WE DO
We provide accounting services for small and medium-sized businesses. When you’re running a business, you don’t always have time to look after your accounts or bookkeeping. Longwood accounting support, takes the burden off your shoulders…so you can focus on the day to day running of your business.
With more established businesses, it's so easy to focus on the day-to-day parts of your business....the bits you love. The parts that made you go into the business in the first place. It could be keeping your dog walking customers happy, providing a high quality home maintenance service or designing and making beautiful wedding cakes. Whatever your business does, a good set of accounts can help you produce cashflow forecasts, understand your company’s financial performance and make decisions about employing staff, paying dividends, investing in an important piece of equipment or subscribing to a professional body that will help you take your business to the next level. Whatever your situation, I'm confident that I will be able to provide services to complement what you do, saving you time and money and those much needed nights of good sleep.
YEAR END ACCOUNTS
LIMITED COMPANIES
As a company director, you will need to file annual accounts each year. Our qualified accountants will help you understand what is required of you and will ensure your accounts are filed on time, removing the burden and giving you peace of mind. During the process, we aim get a good understanding of your business, so we can act as a trusted advisor, providing guidance along the way
SOLE TRADER ACCOUNTS
AND SELF-ASSESSMENT
As a sole trader, you will need to complete a self-assessment return each year to HMRC. You may also want to prepare sole trader accounts. We can help you with this process from setting up as a sole trader with HMRC, setting up your government gateway account and implementing an accounting system to keep the records which are required to support your annual return.
QUICKBOOKS AND XERO
If you are VAT registered, you will have had to transfer to Digital Accounting so will be familiar with something like QuickBooks or Xero. If you haven't transferred but are thinking about it, there are multiple benefits transferring over, including automatic feed to your bank feed, capturing receipts on the go via your mobile phone, instant visibility of your profit and loss, who you owe and who owes you money.
Our experienced team can provide support and guidance to choose the right solution, set up your bookkeeping and get the most of whichever system you choose.
VAT
Knowing what VAT code to use can sometimes be tricky and whether you are self-employed or a Limited company, newly VAT registered or have been registered for a while, we can prepare your VAT returns ensuring they are correct and submitted on time to HMRC. Our accountants can also assist with one-off VAT queries.
PAYROLL
Running payroll can be a time-consuming and sometimes complex task, especially when are busy running your business. We can relieve the burden by providing a simple payroll solution which covers everything from processing the payroll, to submitting to HMRC and issuing employee payslips. Our in-house HR Specialist can also help with any tricky payroll questions and if needed, provide ad-hoc HR Consultancy.
BOOKKEEPING
Bookkeeping is the key to making sure everything else in your accounts run smoothly. It's like a quiet understudy who hides behinds the scenes.
It's all about coding things correctly, and reconciling the bank to your accounting software to make sure your accounts and reports are accurate.
With many small businesses, it's not often the top priority and before you know it, you have lost control of your finances and your tax bill or VAT bill takes you by surprise.
We can help by getting messy books up to date or just keeping on top of them each month. Using QuickBooks or Xero, we'll make sure your records are up to date at the end of each month, giving you peace of mind and visibility of your numbers, providing helpful reports.
START-UP SUPPORT
Starting a new business is an exciting time but can also be daunting. We have experience in helping start-ups and are passionate about supporting small business owners to do things correctly by putting good foundations in place from the start. We can prepare Business Plans, set up accounting systems, provide advice on taking on employees and guide you in right direction to make your new business a success.
ACCOUNTING TRAINING
We provide ongoing support and training to help you set up accounting systems to keep accurate records which is a key area of responsibility for directors. This will help you stay compliant with record keeping, annual accounts, VAT, PAYE and Corporation Tax. We can help you tailor accounting processes to your business and our checklists, templates and guidance will help you at each stage providing reassurance that you are completing the required tasks, by the required deadlines.
