Accounting Services

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Accounting services provided from our Harwich and Clacton Offices, Essex, UK

A Fresh Approach to your Bookkeeping and Accounting Services

Our main focus is to free you from your accounting obligations so that you can concentrate all your efforts on running the business. Whatever level of service you are looking for we can provide a cost effective solution tailored to your individual needs from day to day accounting through to monthly and year end accounts preparation and filing with HMRC.

Bookkeeping

From your sales and purchase invoices and bank statements we will build a systematic financial record of your transactions to trial balance. Bespoke transactions will include:-

  • Maintaining accurate aged sales, purchase and nominal ledgers.
  • Reconciling bank and control accounts.
  • Bookkeeping services prior to statutory accounts.
  • Credit control and credit vetting procedures.
  • County Court action to recover unpaid debts.

Management Accounts

A well prepared set of management accounts is a must for any business strategy relying on accurate and timely financial information to help you make key decisions on how to run your business. Typically the schedules that we provide as part of a comprehensive information pack would include:-

  • Profit or loss for the period and for the year to date.
  • Comparison of monthly or quarterly income and expenditure against budget.
  • The balance sheet as at the period end.
  • Ratio analysis using key ratios for the period and year to date.

As part of the management information pack we think it is important to use comparisons with the same period in the previous year so that you can see how your business is performing compared to last year. You will also get a summary of the main points to help you interpret the financial information
particularly with regard to the ratio analysis.

Payroll

If you employ staff apart from the need to pay them on time you must deduct the correct amount of tax and national insurance and pay this over to HMRC monthly. This includes advising all starters and leavers, P45s and year end reconciliation and returns. Sounds complicated not if we do it for you. All
you have to do make the payment.

Year End Accounting

As part of the year end routine we prepare a profit and loss account, balance sheet, year-end adjustments and supporting notes for sole traders, partnerships, limited companies, charities and not for profit organisations. We also ensure compliance with HMRC and Companies House and liaise with them on behalf of our clients as required.

Special Projects

We also undertake one off visits to tidy up accounts and trouble shoot and resolve any problems encountered. For new start-ups we offer a helping hand with getting your book-keeping and records up and running.