Services
Auditing and Accountancy
Auditing and preparation of accounts is the traditional basis of a professional accountancy practice. We carry out an efficient and thorough audit ensuring that accounts comply with the requirements of current accounting practice and legislation.
As Registered Auditors, we are authorised to carry out audits of clients' accounts for Solicitors and Chartered Surveyors, and to make the appropriate reports to their regulatory bodies.
We are also happy to assit new businesses in setting up accountancy systems most suited to their needs and assist in the presentation of financial data to third parties for the purpose of raising finance, grant applications etc.
Book-Keeping and PAYE
We are able to offer clients a comprehensive in-house book-keeping service to include preparation of monthly management accounts and completion of VAT returns. We also offer a full payroll service using the latest technology to provide weekly, monthly or quarterly reports, to include the completion of all PAYE documentation. Ancillary to our payroll service, we advise on, and prepare returns of benefits and expenses, and other PAYE and National Insurance returns.
Payroll Services
We can provide a computerised payroll service covering all aspects of payroll work on a weekly, monthly or quarterly, including starters and leavers, with the appropriate documentation, end of year returns (P35 and P60s) plus all aspects of National Insurance including Class 1A NIC on company cars.
We can also arrange for payments to employees by cheque, Giros, and autopay and similar systems, as required, and can arrange to make the monthly payments to Inland Revenue on receipt of your remittance cheque. This will allow us to reconcile the total amount paid in the year.
Information Technology
With the dramatic advances made in recent years it is important that clients have access to the latest developments in Information Technology.
Our specialist staff are able to provide clients with guidance and advice on computerised systems most suited to their particular requirements.
Tax Planning and Advice
Our Taxation Department utilises the latest technology for the preparation of self-assessment returns and taxation computations.
Every year there are changes affecting both the individual and the corporate taxpayer. Virtually no financial decision can be made without considering the tax consequences.
Furthermore, the Inland Revenue, DSS and Customs & Excise are carrying out an increasing number of in-depth investigations and examinations. We have considerable experience in dealing with such situations and also advising on a wide range of tax related matters including detailed reviews of clients' affairs.
It is essential for clients to have access to reliable taxation advice which is based on practical experience. We therefore recommend that clients should seek our advice at the earliest possible opportunity.
Estate Planning
Changes in legislation have eased the potential liability to Inheritance Tax on gifts. There still remains, however, the need for careful planning in order to prevent substantial amounts of family wealth eventually passing to the Exchequer.
We believe that all individuals, no matter how large or small their estate, should have properly prepared wills and our detailed knowledge of clients' affairs leaves us ideally placed to assist their legal advisers.
Trusts
Trusts are often important elements in estate planning and we can advise on their setting up and assist with trust administration.
Trusts can be used to meet a variety of financial and investment planning needs and also be instrumental in mitigating capital gains tax and income tax liabilities in appropriate circumstances.
Company Secretarial
The detailed formalities and statutory requirements for administering companies can be easily be overlooked by clients. The Registrar of Companies is rigorously enforcing time limits for the filing of statutory documentation and it is therefore important for a company's statutory records to be kept properly and fully up to date. We are able to provide an efficient service and will undertake these responsibilities on behalf of client companies.
Finance
We maintain close contacts with many clearing and merchant banks and our connections have proved most useful when clients need alternative or additional sources of finance for business acquisitions or the purchase of property etc.
Management Services
An increasing number of clients appreciate and benefit from our attendance at regular meetings to advise on financial matters.
We are able to prepare monthly or quarterly management figures for clients and advise on the format of accounts which clients may wish to prepare themselves. We will also prepare financial budgets and cash flow and profit forecasts.
The services we provide can be particularly important when undertaking any major capital investment or sale of business etc.
Staff Recruitment
Our experience and knowledge of clients' affairs means that we are well able to assist in the selection of their accounting staff at all levels.
Business Planning
The New Business
The new business needs competent, professional advice on tax, VAT and accountancy matters before commencing to trade.
Areas that require particular attention include ownership structure, whether or not to incorporate, finance of pre-trading expenditure and financial controls and we are able to assist on all these aspects.
The Developing Business
The developing business will often need more sophisticated assistance e.g. formulating business plans, tax planning, remuneration structure, finance, take-overs and mergers and in all these fields we can provide the appropriate assistance.
Pensions and Life Assurance
For many clients, pensions and investments are now an important element of tax planning, as well as providing a retirement income. We have developed an association with a panel of highly qualified and experienced Independent Financial Advisors.
With our detailed knowledge of clients' affairs, we are able to provide the necessary information to enable them to offer impartial advice with regard to Pensions, Life Assurance arrangements and all aspects of investment planning.