Practical Accountant | Accounting Services
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Accounting Services

 

Annual account

 

  • What do you expect from your accountant?
  •  As a business owner what are your expectations from your accountant?

Whatever your expectations, we are here to meet and surpass them. Our strength is in giving you support to succeed in your business. We proactively look for those areas of your business we can help you with or give you more direction or nudging.

Some of the general support you should expect from us:

 

  • Diagnostic review and report to identify the key options for strengthening your cash flow;
  • Benchmarking report which you against others in your industry to identify the areas where you can most easily improve;
  • Help you understand and manage your breakeven point so you are more able to survive falls in demand;
  • Identify which of the 8 key profit drivers has the greatest potential for you;
  • Identify the most tax efficient structure for your business and reduce annual tax bills;
  • And many more….

 

Our base fee for a limited company is £900 per year (£75 pcm).

If you think Growth like we do, get in touch with us: 0203 6575 696. Email
 


 

Bookkeeping service

 

  • Keeping your company records straight

We will be responsible for maintaining and booking your accounting transactions. Depending on the level of bookkeeping service you require, we will send you real-time reports on your transactions.

 

 

Get in touch with us on 0203 6575 696 to discuss your requirements and a fee proposal will be prepared around your needs. Email

 


 

Management Account

 

Annual account by nature gives historical position of a business. Therefore, it is less relevant in aiding senior management of a business in taking time-critical decisions that put business on the growth path.

 

Timely and effective management report is the answer. For an investment of £950 per period you get…

 

Management reports… generating the numbers

  • Detailed trading and profit and loss account for the period, together with comparative information.
  • Detailed balance sheet, together with comparative information, providing information regarding the business assets and liabilities.
  • Ratio analysis to highlight areas of strength and weakness.

 

5-year summary, graphical review and analysis… understanding the underlying trends

  • You will get detailed, graphical analysis over a period of time. Very often by tracking trends in a business, it is possible to identify problems before they get too serious.

 

Advice… helping you to understand the numbers

  • Helping you to interpret the numbers
  • Discuss your key business challenges
  • Giving you advice to help you grow your business

 
So, how will I benefit from regular management reports?

  • Enable you to keep track of key financial performance indicators, which will highlight the strengths and weaknesses of the business.
  • Allow you to benchmark your business more effectively against other businesses within the same trade or industry.
  • Enable you to produce more reliable forecasts to assist in planning the future strategy for the business.
  • Bank managers like to see regular management information. This demonstrates that you are in control of you business, which will be a major factor when approaching your bank for additional finance.

Cash flow and profit and loss forecasting… forecasting what will happen in the future

  • Your management information will include a detailed 12-month forecast of cash flows, profit and balance sheet on a regular basis.
  • This will enable you to plan for the future and identify future cash flow needs.
  • The fee is fully inclusive of unlimited meetings with your bank manager.

 

Business Potential… discover your profit improvement potential (worth £300)
We will show you just how much potential there is for profit improvement in your business based on:

  • The way you price your products and services
  • The way your customers buy from you
  • The costs you incur in your business

 

And give you simple and effective strategies to achieve the results shown. If this is what your business have been missing, get in touch with us on 0203 6575 696 and we will be glad to help. Email