Bookkeeping Services | 107 Accountancy. We are the trustworthy small business bookkeeper & small business accountant

OUR SERVICES

Bookkeeping

We engage with your business understanding its ins and outs ensuring smooth accounting and bookkeeping. Your numbers will be available timely and accurately for you to understand the performance of your business. We act as controllers to your finances, making sure you comply with Accounting Standards, Tax Regulations, Laws and Deadlines. We act as Finance Business Partners meeting with you to review your business and providing advice.

Our bookkeeping service will be simplified for you and will involve:

Recording and categorising transactions using double-entry system (credits and debits)
Applying Accounting Standards such as UK GAAP (FRS 102)
Reconciling your accounts with different sources of data & information
Generating Financial Statements to assess your business performance

We will sing you up into an accounting cloud based software such as: Xero or Sage.

The only tasks we ask you to help with, is to take photos of your receipts, send them to us with a unique email we’ll provide and provide basic information about your business transactions.

That’s it, the rest is on us! We will take care of your business finances.

Our working methodology releases you from bookkeeping, accounting and tax issues giving you back the time needed to run your business.

Payroll

Alongside bookkeeping we manage your payroll duties such as:

Employee onboarding and payroll administration (processing starters, leavers, statutory sick pay, statutory maternity pay, holiday pay).
Filing and payment of PAYE with Tax Authorities (Calculation of employees tax; employee/employer National Insurance contributions, Statutory payments).
Submission of Statutory Returns to HMRC; real time information (RTI) regime.
Year-end Report to HMRC, P60 to employees.