WHAT WE DO.
Our firm uses high-end technology across various business functions, including finance, payments, HR, expenses, billing, and more. By leveraging this technology, we aim to reduce manual tasks and enable our clients to focus on their day-to-day business operations. We work with clients who have overseas subsidiaries or investors, so our technology solutions help us stay focused on what's most important.
In addition to implementing cutting-edge technology, we also create exceptional reports for founders and board members, providing the value needed for further investments. We specialize in R&D and pay attention to the finest details of your business.
As a small boutique firm, we focus on helping you get off the ground and succeed in the UK market. Many of our clients are from Australia and New Zealand, but we support businesses from any country and work with accountants globally to facilitate expansion. Our partnerships are a crucial component of our client care approach.
We Use Xero
RUN YOUR BUSINESS FROM ANYWHERE
Access Xero through any web browser. Finally, your business is as mobile as you are. Apps put the essentials in the palm of your hand – invoice and manage expenses anywhere.
SEE YOUR CASH FLOW IN REAL-TIME
Xero puts all of your most important information on a beautiful, easy-to-understand dashboard – so you can easily see how your business is doing at a glance.
GET PAID FASTER THAN EVER
Customers can pay Xero’s online invoices easily using their mobile phone. Tired of late payments? Customise automatic reminders that notify clients when an invoice is due or late.
Our Services
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Virtual Financial Director
As small businesses grow, hiring a full-time FD can become prohibitively expensive. However, you may require someone to oversee your finances, ensure accuracy, and keep you on track without the commitment of a full-time role. Our FD service provides this support, enabling you to focus on other aspects of your business while receiving expert advice on financial improvements. We can also attend important meetings to provide guidance and enhance your decision-making capabilities. Trust us to have your back!
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Accounts Preparation
Our services involve reviewing your Xero figures to ensure they are compliant with accounting and tax regulations. We make any necessary adjustments, allowing you to relax and not worry about complicated entries. Your Xero records will be reconciled and matched to the submissions we make to Companies House and HMRC, and your accounts will be sent via software for digital signatures, eliminating the need for excessive paperwork.
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Payroll
Our services include handling payroll and CIS, typically on a monthly basis. Using our payroll system, your team can access their payslips and request time off through the app, which serves as a useful tool for managing holiday requests. We will advise you on the amount and deadline for payments to HMRC. In addition to payroll management, we offer recruitment services if you plan to hire new staff.
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UK Set Up - Techs
If you are a tech start-up based overseas, we offer assistance in setting up your company in the UK. Our services include legal compliance, support in opening a bank account, and more to enable you to begin trading. Contact us to learn more about how we can help you with your business needs.
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Business Development Plans
Whether you are starting a new venture or running an established business, it is crucial to have a well-defined plan and set clear goals. Our services assist you in developing a comprehensive plan that outlines your objectives, targets, culture, and systems. Documenting these aspects of your business provides a strategic advantage in determining the best next steps. With a shared vision, let us work together to make it a reality.
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Cashflow Forecasting
It is essential for businesses to have a cashflow forecast to ensure success, yet many do not. We offer assistance in creating a basic cashflow tool tailored to your business, utilising apps or even Xero, depending on your specific needs. This helps you keep track of your cashflow and maintain control over your business, allowing for growth. We can create the forecast for you or teach you how to track it independently.
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Fintech - Research & Development
Our expertise lies in research and development (R&D) claims, and we have a 100% success rate in securing tax credits from HMRC. As a tech start-up, you are likely eligible for this claim, and we can assist you in the process from the beginning. With our help, you can obtain cashback and inject it back into your exciting new business, boosting your cash flow.
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VAT Returns, Review and Submission
The VAT Threshold may seem low, but reaching it is a sign that your business is growing. We help you keep track of your VAT receipts and ensure you charge the correct amount to your customers. We check your Xero work for accuracy, submit the VAT return to HMRC, and most clients use this option.
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Budgets
Creating budgets in Xero is a crucial step in managing your cashflow and monitoring performance. We assist you in setting up budgets and comparing them to your actual income and expenses. This enables you to quickly identify areas where you are under or over budget, and make informed decisions accordingly. Should you need funding, we partner with Capitalise .
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Personal & Company Tax
As a director of a limited company, two crucial requirements are frequent updates on your tax bill and understanding the monthly salary and dividends to withdraw. Our services involve reviewing your Xero and informing you of your tax bill as often as required, or showing you how to calculate it easily using a template. We will also advise on the monthly salary and dividends you can withdraw, keeping you informed of your financial standing. This information is essential for quickly preparing your personal tax return, especially when there is additional income to consider. Additionally, company tax is merely the tax payable by the company.
The company tax is prepared together with the accounts preparation
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Management Accounts
We ensure your Xero gives you real time financial data by carrying out monthly tasks that are similar to year end procedures. These tasks include recording income and costs in the correct month, checking fixed assets and work in progress, monitoring tax accounts, identifying and addressing unusual transactions, and providing a dashboard report in an easy-to-read chart format.
Workflows and the Expectation Gap
We know that for each step of services we deliver, it’s important to get the delivery point right. We developed these workflows so you can see exactly what we do in the background and the areas you will need to do if you decide to outsource your business function to us. You can download the workflows below or visit our workflows page.
Heat Maps
Bookkeeping and VAT
Company Setup
Onboarding a new Client
Payroll
End of Year Accounts
Confirmation Statement
Management accounts & Virtual FD
Personal Tax Returns