Accounts Preparation
We prepare annual accounts for:
- Sole traders and Partnerships
This includes full accounts, income and expenditure accounts - Limited Companies
We have a wealth of technical knowledge and expertise here. - Charities and Clubs
We are authorised by the charity regulator OSCR to perform independent reviews of charity accounts
It’s simple. You supply us with your records and we prepare your accounts. You may also decide to delegate your book-keeping to us, which as well as saving you time, can also help reduce your accounts fee.
Management Accounts
We prepare management accounts that suit your business needs and can include graphs, Xero and/or projections. Ultimately, our management accounts will give you a greater understanding of how your business is performing in real time. You will have the most up to date information available to assist you with important business decisions & how to keep your business on the right track.
Every business owner wants to have an easy, organised, up-to-date and cost-effective book-keeping system. But as businesses are busy and our lives complex, it can become a huge challenge to maintain records in an easy, organised, up-to-date and cost-effective way.
Enter Anderson & Co; we know how to help you achieve this. We can run a ‘Health Check’ on your current book-keeping system, support you in Keeping your own books or we can simply do it all for you.
Here are some of the services we offer:
Cloud Accounting Software
Xero is a book-keeping software package designed to help you manage your book-keeping and accounts more easily. Not only that, you will be able to keep a better track on your financial position.
This software integrates fully with our accountancy software. Why is that interesting? The time efficiency allows us to offer you a more competitive annual accountancy-fee.
Receipt Bank is a complimentary App we offer our book keeping clients which brings your paper invoices/receipts into digital format in your bookkeeping software. This product is really popular with our clients & we love it too.
Futrli is a cashflow forecasting software which takes your figures & with a bit of magic produces carefully produced cashflow projections & budgets. This is a new product to us here at Anderson & Co, but one you will hear us showcasing in more detail over the coming months.
Accounting Software
We are trained and experienced in working with a number of different accountancy software packages, including Sage and quick books. Contact us to discuss your current software.
Spreadsheets/Cashbooks
No, not all businesses benefit from accounting software. We also maintain spreadsheets and cashbooks, and can assist you in setting up these ledgers if you would like to maintain them yourself.
Would you like to hear how we can tailor our services to add value to your business? You don’t need to be a computer wiz-kid for us to help you.
Are you setting up in business? Congratulations! During this exciting phase, remember to seek professional advice before taking the first steps.
Anderson & Co can give you general advice on business start-ups, assist you in your HM Revenue & Customs form-filling, your Companies House application and in pitching to your bank.
Trying to decide between a soletrader or Limited Company start up can be a difficult decision, let us set out the pros & cons for your individual circumstances to make that decision an easier one & more important the right one for you.
We offer the following services for new or existing businesses:
- Business set-up forms
- Cashflow and business projections
- Limited Company formations
- Limited Company secretarial work
Are you seeking a fresh approach to accounting with a personal touch? Perhaps, though, you’re concerned about the complexities of changing accountants. With your authority, we would simply send a professional clearance letter to your previous accountant to receive your previous financial information. It really is that simple!
Accounting Software is becoming increasingly popular with small businesses in the UK. Cloud software means that business owners can keep finances up-to-date and review business performance in real time.
These software packages do not need to be uploaded to a specific computer nor does the data need to be backed up and restored. The Cloud also means your software can be accessed from any internet-enabled device – including tablets & smart phones – at any time.
Accountant-Client Dynamic
Cloud Accounting Software has changed the accountant-client dynamic. The ability for both of us to access data online at anytime from anywhere means we can form a really powerful partnership and exchange ideas and observations more frequently, based on real-time, up-to-date information
There are many software solutions on the market (perhaps you are already working with one) but we recommend Xero for small businesses. It is simple, easy to use and does not contain unnecessary complexities which are often designed for other types of businesses.
Online TAX Returns
Our current clients love approving their personal tax returns online. They simply download their tax return from our online software and approve it electronically by clicking a button. Since we can access it in real-time, waiting for the postman is a thing of the past! IRIS OpenSpace
With the introduction of Real Time Information, online filing and the ever-changing payroll legislation, many businesses are outsourcing their payroll to specialists so that they can return to concentrating on their core business.
Anderson & Co have payroll solutions designed to be tailored to your requirements. When you outsource your payroll to us, we will take care of it from start to finish on a timely basis to give you that all-important peace of mind.
We offer both standard and digital pay slips as well as BACS payments, auto-enrolment processing and support.
As part of our Cloud Accounting solution, digital pay slips can be sent out directly to your employees by email. This saves you time and a lot of paper! Your employees can also log onto their own payroll account at any time to see full records of their payslips and P60s.
Are you worrying about administrating your payroll and the impact of auto-enrolment on your business? Give us a call to see what our payroll services can do for you.
Tax. Simply put, we are here to help.
Business Tax
After we have completed your business accounts – as part of our complete accountancy services – we prepare accompanying tax-computations and relevant capital allowance claims for our sole traders, partnerships and Limited Companies.
Our integrated software ensures that we transfer the appropriate information from your business file to your personal tax data for processing your personal tax return too.
Personal Tax
You provide us with the information and we calculate your tax liability. Importantly, we will also advise you on tax-saving reliefs and other options available to you in the current year and into the future too.
You will also have the option to download your tax return from our online software and approve it electronically by clicking a button. Since we can access it in real-time, waiting for the postman is a thing of the past!
VAT
Have you heard about HMRC’s Flat Rate Scheme? Do you need advice on VAT registration? Or perhaps you have another general query related to the minefield of VAT? Would you like us to prepare your VAT return?