Limited Companies

We provide various services to Limited Companies some of which are listed below. These depend on their size and requirements, ranging from checking of internal bookkeeping to providing the finance and related departments to a company. Please contact us to discuss your company’s needs and we can tailor our services to suit you.

Bookkeeping

All companies are required to keep timely, accurate records for VAT and tax purposes. This requirement is assisted by good bookkeeping processes, which help to manage and control finances, plan for future growth and aid the completion of year end accounts.

We can offer provide bookkeeping services as your individual company requires, including monthly or quarterly bookkeeping. You can either send the information to our office or the work can be done at your premises, and we can either enter and check the information ourselves or audit internal bookkeeping entries. We are available to keep your records for you or act as the Finance Department for your company, depending on your needs.

We are here to make bookkeeping as simple and hassle free as possible, leaving you free to run your company.

VAT Returns

Our services include the completion of VAT Returns on a monthly/quarterly basis from the records we prepare or from your own records and is often completed alongside the bookkeeping for the business. We are able to file your VAT Returns online as HMRC require from most companies.

We will also consider which VAT schemes you are eligible for and whether a different scheme could help to reduce your VAT liability as well as bookkeeping requirements.

Payroll

Our payroll services include the processing of the weekly/monthly payroll, providing payslips to employees, providing the business with net wages, tax and National Insurance liabilities for payment, as well as compliance with the upcoming HM Revenue & Customs ‘Real Time Information’ (RTI) system as of April 2013. We will process sick pay, maternity and paternity payments alongside your usual payroll scheme.

We can file all statutory required returns (currently year end returns and shortly monthly returns), as well as providing employees with their P60s and benefits & expenses forms following the tax year end.

Management Accounts

We can prepare regular management accounts to help provide you with of your financial performance to date and to help plan future financial decisions within your financial year. They can help to indicate performance trends and help the company control their finances throughout the year.

Year End Accounts

Companies House and HM Revenue & Customs require the submission of year end accounts by all companies on an annual basis. We will prepare your accounts in accordance with accounting standards and check that you are claiming everything you are entitled to. We will also submit your accounts to Companies House and HMRC using their online systems.

Audit

Larger companies require their year end accounts to be audited upon completion. We are able to determine if your company requires an annual audit and offer audit services if this is necessary.

Corporation Tax Returns

All companies are required to submit a Corporation Tax return to HMRC alongside their annual accounts. While preparing your annual accounts we can also calculate the company’s Corporation Tax liability, prepare the return and submit this to HMRC via their online system.

Tax Planning

We are available to provide advice in relation to planning tax efficient systems in order to minimise your future tax liabilities. We discuss tax efficient strategies with all clients to allow them to make use of all possible taxable savings, and put into place tailored solutions for their needs. Our expert advice can help to save you money on your next tax bill.

Company Setup

We can provide a complete company set up package, involving the company registration, VAT and payroll registration as well as the completion of all necessary forms for the process. We can manage the entire process, making setting up a new company easy and stress free.