Knowledge

No. There are a number of different options available including self-employed, working through a limited company or forming a partnership. We can explain each allowing you to decide which would be most suitable for you.

The main benefit is that it’s a totally separate legal entity from those who own it; its shareholders. Therefore, if the company were to go into liquidation the shareholder’s liability is limited to the money they put into the business and, in most cases, their personal assets are protected. Shareholders take their money out of the company by way of dividends, which can be more tax efficient than receiving a salary. Shareholders can, if they wish, work as employees in their Limited Companies taking a salary through a PAYE system. We offer payroll for you as part of our services.

No. But, you do have to register your business if it has, or is likely to, exceed the annual VAT threshold set by the Government in a 12-month period. In some cases, it may be advisable to register a business for VAT on a voluntary basis. We can advise on this and the various schemes available and their associated benefits.

Our usual office hours are 9am to 6pm. However, if something urgent arises, we can be contacted outside these hours.

Our clients range from private individuals looking for tax advice & support to sole traders, companies, charities and large organisation. We are passionate in helping new and small businesses.

Unlike most of the high street firms of accountants we have set up after working in business – small and large enabling us to better understand what you as an entrepreneur need and are going through. Also, excluding yourself, we are likely the most passionate people about your business and its success. If you are looking for someone that cares about your business similarly to you, and takes a genuine partnership approach towards you and your business, then you should choose us.

It is usually pretty straightforward to change accountants. There are some professional protocols which we have to adhere to as ACCA Certified Chartered Accountants which protect all parties. However, we always aim to make the transition as seamless as possible.

This depends on how quickly the professional protocols can be completed – we have completed this exercise within a week.

We have a comprehensive set of services available. See our services page for details.

This very much depends on what you wish us to do for you. If you are in the processing of setting up in business, not very much. Just your ideas, business plan and an indication of what you wish to get from being in business. However, if you have a specific issue in mind, e.g. a problem with HMRC, bringing any HMRC correspondence, as this will be useful.

No. If you decide to engage us we’ll give you a list of documents we need.

For a standard service we’ll give you the price when we meet. However, if you have a specific issue for us to resolve, we will send you a quote within 2 days of the meeting.

Nature of the business.
Number of Directors, Shareholders, employees etc.
Average number of sales, purchase and bank transactions.
Any areas of accounting or tax complexity.
What you want us to do for you; VAT, payroll, book-keeping, software apps, reporting, advice, registered office, company maintenance.
Current state of accounting records and how much information is available electronically.

Our aim is to provide an excellent service at great value. However, if you are unhappy with our work, let us know as soon as possible and we’ll quickly act to resolve any issues. If you are still not happy, you can make a complaint to our accounting body, ACCA.

This very much depends on your requirements. For some clients we do their payroll, book-keeping, VAT, Tax and final accounts submission. For others we just do their final accounts submission.

We can do this in a number of ways. We find our book keeping service frees up client’s time so they can concentrate on bring in new business. For others we improved their cash flow by advice on how best to manage the resources at their disposal. Our tax planning has saved clients corporation tax and VAT. For example, we saved one client over £4,000 in the first year they were with us by identifying areas where they could reduce their VAT payment to HMRC. You can also make use of our Business Advisory Service to help you maximise your profits through a full review of your various business operations.

We can supply time-saving cloud and document capture apps and take over your book-keeping resulting in a significant time-saving. These apps also allow you find all your business finance information in on replace and to raise estimates, invoices, time sheets and get information for collection of debts and payment of suppliers amongst other things.

Our website includes a number of priced packages designed to suit your needs.

We believe our pricing is already highly competitive when compared to other professional qualified chartered accountants. We know there are other firms who call themselves accountants and may charge slightly less, but these companies may not be members of a recognised accounting body and are therefore not regulated by a reputable accountancy body like the ACCA. We don’t price compete with such organisations as we strongly believe we offer a more complete service based on our extensive experience and training.

You can get an idea of what our service will cost from the Packages page. For a full quote, we will need to get full details from you (see above).

For our standard pricing menu, we ask clients to sign up for a minimum of 12 months where the monthly fees are taken by direct debit.
For new client ad hoc work, we ask for 50% in advance and the remainder payable on completion of the work. Once you are an established client we ask for payment on completion of work.

We know what you mean. After all we were all in the same boat at one time. This is why we offer the free initial consultation.
We really want to help your business at the start when you most need an experienced accountant and before you make mistakes that could cost you more to sort out than our fees. For example, we’ve had clients came to us after they had set up their company and then realised the company structure didn’t meet their needs. It cost them more to restructure the company than if they had spoken to us first.

This depends on how much data has to be transferred. In simple cases, there is no reason why a move could not be completed in a couple of days.

We can help you with this. In fact, QuickBooks is designed from the start with this very need in mind.

Our experience is other accountancy bodies concentrate on either financial accounting and audit (ICAEW) or management accounting (CIMA). However, ACCA training not only covers technical knowledge in accounting/audit, tax and finance, but also skills in management accounting, organizational and strategic management. We believe this combination of technical and management skills increases our ability to help business such as yours.

All our partners are fellows of the ACCA with at least 20 year’s experience in both public and private sector finance working with both large and small businesses.