If you run a family business and want a closer relationship with your accountant, you are in the right place. Well done!
Thanks for stopping by...
I'm Peter. I spent many years working for large firms of Chartered Accountants before getting a dog called Ace and realising life was too short to spend it all commuting and staring at a computer screen for the next 30 years.
So I took a hard look at the accounting profession and now offer what I believe is everything a small owner-managed business wants from their accountant; and not just 9-5 Monday to Friday. Treat us as your virtual Finance Director - we're with you every step of the way.
I looked at all the things I didn't like about working for larger firms - tiers of staff, turnaround times of months not weeks, unnecessary red tape, inflexible office hours, opaque pricing mechanisms and often a total failure to embrace new technology. Then I got rid of them.
We're paperless and digital, so you'll never have to sign a single piece of paper from us. Everything is online. If you're already busy in the 9-5, that's fine - we'll meet clients in evenings or the weekend, no problem.
We like to keep in touch during the year, so give us a call from time to time and let us know how business is going. We never charge for a chat! And as you'll see below, we're open about pricing because, well, it's the 21st century and we don't do smoke and mirrors.
You deserve an accountant who knows you by name and face, not client code. My clients know they can call me any time, any day. We don't switch off at five thirty.
It's all sorted: Pass the buck to us...
Formal monthly, quarterly or half-yearly accounts to help you understand how the business is performing more than simply once a year. The format of these accounts is whatever works for you - keep it simple, or drill right down to the detail.
All companies must prepare accounts each year, and for sole traders there are many benefits in doing so. It's also a great time to take stock and focus on the wider business, and where you want to be in the short- and longer-term future.
Bookkeeping and VAT
This is dull and time consuming for you. It's not too exciting for us either; but let us take away the hassle, and you can get on with doing what you do. Almost all clients use cloud-based software to help automate a lot of the process, saving everyone time and money.
We'll also give you an app to snap photos of your invoices so you don't need to keep paper copies, nor post any paperwork to us.
Tax Advisory and Compliance
Death and taxes and all that...but we only help with the taxes. We'll sort regular personal or company tax returns of course. But sitting down at least every couple of years to look at tax planning for the whole family is also something I highly recommend.
We're not auditors - but we know what makes them tick. So before the suits come along, we'll help you prepare a year-end file which will have answers to most of the questions they'll want to know. We'll be on site with you for a couple of days preparing a bible of documents you can hand over to them on day one of the audit. Then put your feet up...
Payroll and Auto-Enrolment
Like bookkeeping, submissions to HMRC and pension providers are part of the monthly reporting cycle. Let us take care of it all.
Remember all employers must provide a pension, even if just one employee.
We're open about pricing...
For a family company turning over £200K, our fees for handling pretty much everything would be around £250-£300 per month. If you've got the day-to-day stuff covered, then it'll be about half that.
Your investment in an accountant is a really important decision because they should be by your side throughout your entire working life - and probably in to retirement too. Cost is important, but so is the level of service, reliability and flexibility.
By not being the cheapest firm, and only growing sustainably to ensure our last customer gets the same attention as our first, we think we've got the right balance.
We try and provide fixed, monthly fees wherever possible. Opposite are the costs of some of our more popular services. But we prefer to agree an "all in" monthly fee with clients. It means no surprises for your business, helps smooth your cashflow (and, let's not be coy about it, ours too!).
All our clients also have access to a qualified accountant (me!) seven days a week, whatever life throws at you.
For annual accounts and everything that goes along with it, we charge between £80pm for a simple service-type company, and £350pm for more complex business in the £500K-£1M bracket. We include a face to face meeting each year to discuss the accounts, the performance of the business and look at future opportunities and risks.
Bookkeeping is between £50 and £250 per month depending on the size of the business and the number of transactions. Payroll can be handled from £20pm - as part of the service we'll also enter all the journals in to your Quickbooks/Xero software too, saving you even more time!
Personal Tax returns are no fun for anyone. These are completed for a flat fee of £180 a year (£15 per month) for UK residents with simple tax affairs, with a small extra charge for foreign income or capital gains reporting.
Advisory work is a large part of what we do, and it's hard to know exactly how much work is involved at the outset. For ad-hoc work we base our fees on a rate of £60 per hour.
All prices exclude VAT.