ACCOUNTS

You get on with the things you do best. We’ll take care of your accounts.

Award-Winning

10+ Years Experience

Friendly Team

Chartered Accountants

Local OFFICE

Bespoke SERVICES

What We Do With Your Accounts

Once you appoint us, you will have a dedicated accounts clerk who looks after your year end accounts from start to finish. Our aim is to reduce your tax bill wherever possible while removing the stress that usually comes with accounts. We make sure everything is accurate, compliant and completed on time so you can focus on running your business.

Your accounts are more than a requirement for HMRC. They are a valuable tool that can help you understand how your business is performing. Once prepared, we review and compare your results year on year to give you a clearer picture of what is working and where improvements can be made.

Structuring Your Business Correctly

Choosing the right structure for your business is an important step in keeping things efficient and sustainable. We review how your business is set up and make sure it suits your goals, your way of working and your tax position.

For new clients already trading, we often recommend adjustments that make the business more efficient and easier to manage. In some cases, this may also include looking at group structures to ensure everything is arranged in the most tax efficient way. Our team is here to guide you through the options and help you make the best choice for your situation.

Business Structure Options Explained

There are several ways to set up a business, and choosing the right structure can make a big difference to how you operate and how much tax you pay. Each option has its own benefits and responsibilities, and our team will guide you through which one suits your needs best.

Sole Trader

A sole trader is the simplest way to run a business and works well for many individuals. You can still employ staff, run PAYE and register for VAT if needed. Your accounts feed into your Self Assessment Tax Return, and any profit is taxed as your personal income. While easy to manage, there is no limited liability, meaning you and the business are treated as the same entity.

Limited Partnerships and LLPs

Limited Partnerships and LLPs give you a more formal structure while still keeping flexibility. Members can own shares, and directors (where appointed) run the business. An LLP is taxed differently to a limited company, so getting the structure right from the start is important. We advise you on how each option affects your responsibilities and tax position.

Social Enterprises and CICs

Social enterprises, charities and Community Interest Companies are set up with a clear purpose to support social or community goals. They can follow several legal structures, and the best choice depends on how profits will be used and the aims of the organisation. We guide you through the options so your structure reflects your mission and complies with all requirements.

Limited Company

A limited company is a popular option for business owners, offering limited liability and a clear separation between you and the business. The company pays Corporation Tax, and you take income through salary and dividends. Although reporting requirements are more detailed, we handle this on your behalf, from preparing annual accounts to filing with Companies House and HMRC. This structure provides protection, flexibility and room for growth.

WHAT OUR CLIENTS SAY

Here are some kind words from clients that we’ve helped grow their business.

Ready to work with us?

Get in touch with one of our consultants today and we will be happy to help you with your matter.