SME’s/Startups
We work on a fixed fee basis so even though the fee quoted below is in hours, we will agree a time scale and fixed fee based on that.
Bookkeeping Services and VAT
- Entering and/or verifying the entry of customer and supplier invoices
- Emailing / communicating any queries related to the accounts for the period
- Reconciliation and/or verification of the of all bank, loan and credit card accounts
- Reporting Balance Sheet, Profit and Loss, other reports as required
- Prepare VAT report on quarterly basis and file them HMRC after your approval.
- Entering and/or verifying the entry of payments and receipts from bank
- Ensuring the correct integration of different business systems into the accounting record, (for example point-of-sales systems)
- Reconciliation and/or verification of the of all bank, loan and credit card accounts
- Reporting aged debtors and creditors (if applicable)
Our fee – £25+VAT per hour for working done from our premises and £40+VAT per hour for visit to your premises and we will fix amount of hours before we start the work based on estimated time it will take.
If we are spending 15 minutes extra, we wouldn’t change any extra fee but if we realise the work is a lot more than what we estimated then we will discuss this with you to adjust bookkeeping hours. This is usually done on a quarterly basis to avoid any change in fee just because there was extra work in one month.
Management Reports
- We can also provide you with bespoke Management report on monthly basis or quarterly basis whichever way you like
- Prepare and submit your monthly CIS returns and issue with CIS payslips.
- We can run a report with commentary with our finding on what could be improved and also what may be doing well and could be increased
- If we are doing your bookkeeping, then we can spend few extra hours to prepare the report for you
- It will give you a better insight of what’s happening with the business, as sometimes the bank looks healthy but the accounts don’t always paint the same picture
Our fee – £40+VAT per hour and we will fix amount of hour before we start the work based on estimated time it will take.
Payroll and CIS
- We will run monthly payroll and email you payslips every month
- Prepare and submit your monthly CIS returns and issue with CIS payslips
- Send you PAYE Tax liabilities due to HMRC
Pensions
- We will register you with The Pension Regulator and monitor any future communications
- We will calculate the pensions
- Set up a pension scheme provider of your choice (if required).
£20 one off fee per new employee to enroll into auto enrollment pension.
Our fee – £100 one off to register your company with The Pension Regulator and set up a pension scheme provider of your choice (if required)
Annual Accounts and CT600 (Company Tax return)
- We will prepare draft end of year accounts and discuss taxes with you
- Once approved, we will file the accounts and deal with HMRC/company house queries
- Once you are happy with draft accounts, we will prepare final accounts and corporation tax for your approval.
Our fee will depend on your turnover and complexity of your business and/or any assets held:
- Starting fee is £850+Vat for a turnover of up to £50,000 or start-up. £75+Vat per month –For property only companies this includes one property, any additional the below stated charges will apply.
- For companies with turnover of up to £1,000,000 fee starts from £1,200+VAT per year or £100+VAT per month. – This fee is applicable when the company has no more than 10 assets on the balance sheet. If it has more than 10, then we charge £50+ vat per asset for assets worth less than £10,000 and £100+ vat for assets worth more than £10,000
- Fee for a company with a turnover up to £500,000 is £1,000+VAT per year or £85+VAT per month.
In all cases as per above- if the company owns any property, then additional charge of £300+VAT will be added to the base cost of Accounts each year per property. Please note all fees Is payable on monthly basis.
Business Consultancy
- Review business strategy
- Staff management
- Funding
- Understanding the financials to your business
- Organise and structuring a business plan
- Developing business skills and knowledge
- Marketing plan
Our unique hands-on approach helps us identify where we can add value to your business, finding the right balance between winning business with lasting relationships.
Success to us is increasing your customer retention, enhancing your customer experience and ensuring complete satisfaction al the way from customer to suppliers.
A successful transformation is one where we help you build the foundations to continually grow into the future, with the capabilities to deliver projects in the most efficient way.
Add on:
- Tax enquiry insurance and legal protections
- Visa Application file and assistance £85+VAT
- If you are VAT registered then £75+VAT for Quarterly VAT returns
- Extra employee – £10+VAT per month
- Reference letter £25+VAT per letter
- Online Accounting software – £15+VAT per month
