Our Services
We offer a full range of services to limited companies, solo trader, partnership, charity, LLP, CIC as well as individuals.
We offer a full range of services to limited companies, solo trader, partnership, charity, LLP, CIC as well as individuals.
Business Start-Ups & Company Formations
Our passion is helping businesses grow, so our business start-up services guarantee to get your business off the ground. Whether you have already started multiple successful companies or are taking a leap and starting your first business, the process can seem daunting. However, our experienced team are able to help with everything from creating an initial business plan to company formations.
The first thing you will need to decide is the type of business you wish to start, with the most popular operating types being sole traders, partnerships, limited companies, and limited liability partnerships. Those who plan on running their own business as a self-employed individual often choose to start out as a sole trader. However, those who wish to keep their personal finances separate from the businesses finances often choose to register as a limited company.
Registering a business can seem complicated. However, our team are on hand to offer advice or complete the full formation process on your behalf. Our experienced team know everything there is to know about forming a company, so we guarantee to ensure your business is successfully registered with HMRC and companies house.
If you are registering as a sole trader or partnership, we can register you for self-assessment with HMRC and we can also ensure that you are registered to pay income tax and National Insurance Contributions on behalf of any possible employees.
The process for forming a limited company or limited liability partnership is more complicated, however our team can take care of everything from registering the businesses name on the Companies House register, to completing the statement of capital, memorandum of association and articles of association, which we can submit on your behalf.
We know that starting a business can be daunting, but we are on hand to guide you through the process and can help you decide which business type is the best option for you. Once the business is registered, our team will be able to help you with business plans, cash flow forecasts, budget management and business strategies, so that you have the tools you need to grow.
Year End Accounts & Corporation Tax
We understand how daunting it can be to complete end of year accounts without professional assistance, in fact, accounting for any limited company can be a headache. However, completing your accounts on time for both Companies House and HMRC is essential if you want to avoid late fees.
Every limited company must file a CT600 company tax return and annual accounts with HMRC, in addition to annual accounts which must be filed with Companies House. The documents which are required usually include a balance sheet, profit and loss statement, director’s report and explanatory notes, which provides an overview of the business’s financial position.
As you can imagine preparing these documents can be hectic if your books are not in order, however working with our team of accountants will remove the stress and eliminate the potential for costly mistakes. Many businesses even find that we unearth new ways to save them money and reduce their tax liabilities.
Ahead of your reporting deadline, we will ask you for a list of documents, including bank statements, income records, invoice, receipts, and details of any assets which have been sold or purchased. This will provide the information we need to accurately prepare your accounts ahead of time and help us to calculate any potential savings. Instead of worrying about complex accounts with a looming deadline, you are free to focus on the growth of your business.
Sole Trader Accounts & Personal Tax Returns
An increasing number of people across the UK are starting their own businesses, with many individuals choosing to operate as sole traders. As a small business, we understand how valuable your time is, so it is no surprise that many businesses are choosing to use the services of a dedicated accountant. We offer a variety of accountancy services which are ideal for sole traders, including personal tax returns.
Every sole trader is required to complete a self-assessment return, which involves reporting all earnings during the previous tax year. This can be complicated; however our specialist services will save you time, help you stay on top of finances and provide you with the information you need to grow your business.
Many sole traders often find that using the services of an experienced accountancy firm actually pays for itself. Our team understand the intricacies of tax liabilities, so we can advise on the various benefits and entitlements you are eligible to claim, whist also ensuring you avoid penalties for late or incorrect filings.
We will prepare and submit your SA302 self-assessment tax return to HMRC, so you have the peace of mind of knowing that your sole trader accounts and personal tax return are submitted on-time. We will also calculate how much tax you need to pay and when to pay, so that you avoid any potential penalties. Your dedicated accountant will be in touch regularly and you will never miss a deadline.
We provide accountancy services to sole traders across Ilford, Essex and the wider area, simply submit your information to us and will manage your complete accounts. Our excellent reputation is built on our commitment to providing a bespoke service to each of our clients and our highly capable team are passionate about helping sole traders grow their businesses.
Bookkeeping, VAT Returns & Payroll
Bookkeeping, VAT returns and payroll management can be complicated and stressful, however our team have the experience and knowledge needed to take care of everything, so that you can focus on building your business. Outsourcing these aspects of your business management will not only save you time, it can also pay dividends in the long run.
We understand how difficult it can be to keep track of receipts, especially when there are business lunches, transport costs, parking charges and day to day expenses mounting. It doesn’t take long for these receipts and the pressure to mount, leaving a time-consuming task when it is time to file your next return. However, our bookkeeping services are capable of delivering error free reports for businesses of every size, in the exact format you require.
VAT returns can cause significant interruptions to business activities when the submission deadline rolls around every 3 months. We know that it can be difficult to keep track of everything, so our team can record and report figures for areas of the business such as sales and purchases, VAT owed, VAT to be reclaimed and VAT to be refunded. Our professional team of accountants will take care of everything, so there is no chance of your return being filed incorrectly.
For businesses looking for complete peace of mind and worry-free management of their payroll, our services are ideal. Our team are fully qualified to process every aspect of your payroll, including new starters, leavers, holiday pay, Statutory Maternity Pay, Statutory Sick pay, workplace pensions and student loan deductions. Instead of using your in-house resources which are better placed elsewhere, we guarantee that your business will benefit from an accurate and stress-free service, with no risk of penalties from HMRC.
We are proud of the personalised approach we offer to our clients, no matter the size of their business. We always take the time to understand the intricacies of your business, so that we can offer proactive services which are completely tailored to helping your business grow.
